$7,719 Closing Credit*
$650,000
1,090 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker Realty
Is Waianae, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$561,833
$452/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$31,550(-5.3%)
Key Takeaway
Homes in Waianae have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in Waianae was $561,833 in October 2024, down 5.3% from last year, and the median price per square foot was $452.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $239K | -6.3% |
| 2 Bedrooms | $315K | $310K | -1.6% |
| 3 Bedrooms | $627.5K | $621.5K | -1.0% |
| 4 Bedrooms | $727K | $685K | -5.8% |
| 5+ Bedrooms | $818.5K | $847.5K | +3.5% |
Summary: Waianae housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in Waianae, HI
How many homes are available in Waianae, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 231 | 247 | +6.9% |
Summary: The Waianae real estate market had 247 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 31 | 37 | +19.4% |
| 2 Bedrooms | 36 | 42 | +16.7% |
| 3 Bedrooms | 91 | 95 | +4.4% |
| 4 Bedrooms | 45 | 44 | -2.2% |
| 5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The Waianae housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waianae, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Waianae in October 2024, up by 15.4% month-over-month. Of the 30 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 53 Days | -7.5% |
Summary: Homes in Waianae had an average of 53 days on market in Oct 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Waianae are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Waianae; 43% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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