$4,156 Closing Credit*
$350,000
815 SqFt
2 Beds
•1 Full Bath
Listing Office: Century 21 Island Homes
Is Waianae, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Waianae was a Seller's Market.
Key Takeaway
Waianae is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waianae, HI
How much do homes in Waianae, HI cost?
Median Sold Price
$571,666
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$22,483(-3.8%)
Key Takeaway
Homes in Waianae have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Waianae was $571,666 in November 2024, down 3.8% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256.5K | $240K | -6.4% |
| 2 Bedrooms | $315K | $313K | -0.6% |
| 3 Bedrooms | $625K | $620K | -0.8% |
| 4 Bedrooms | $735K | $685K | -6.8% |
| 5+ Bedrooms | $799K | $875K | +9.5% |
Summary: Waianae housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in Waianae, HI
How many homes are available in Waianae, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 230 | 245 | +6.5% |
Summary: The Waianae real estate market had 245 homes for sale in November 2024, a 6.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 34 | 37 | +8.8% |
| 2 Bedrooms | 38 | 42 | +10.5% |
| 3 Bedrooms | 89 | 96 | +7.9% |
| 4 Bedrooms | 40 | 40 | 0.0% |
| 5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The Waianae housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 21 | -27.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waianae, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Waianae in November 2024, down by 27.6% month-over-month. Of the 21 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for Waianae, HI
How long does it take to sell a home in Waianae, HI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 98 Days | +33.4% |
Summary: Homes in Waianae had an average of 98 days on market in Nov 2024, up by 33.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Waianae are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 21 homes were sold in Waianae; 24% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
