Is Haiku-Pauwela, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Haiku-Pauwela was a Seller's Market.
Key Takeaway
Haiku-Pauwela is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Haiku-Pauwela, HI
How much do homes in Haiku-Pauwela, HI cost?
Median Sold Price
$1,450,000
$1,010/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Haiku-Pauwela have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Haiku-Pauwela was $1,450,000 in May 2024, up 2.8% from last year, and the median price per square foot was $1,010.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.4M | $1.1M | -21.5% |
| 2 Bedrooms | $1.2M | $1.2M | -2.2% |
| 3 Bedrooms | $1.5M | $1.4M | -3.9% |
| 4 Bedrooms | $1.2M | $1.9M | +60.8% |
| 5+ Bedrooms | $2.0M | $4.5M | +128.8% |
Summary: Haiku-Pauwela housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 60.8%, and 5+ bedroom homes increased by 128.8%.
Median Sold Price Compared To Nearby Cities
| Kula | $1.9M | $2.5M | +30.1% |
| Makawao-Paia | $950K | $1.0M | +8.4% |
| Haiku-Pauwela | $1.4M | $1.4M | +2.8% |
| Hana | $2.1M | $1.0M | -52.4% |
Housing Supply in Haiku-Pauwela, HI
How many homes are available in Haiku-Pauwela, HI?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 41 | +46.4% |
Summary: The Haiku-Pauwela real estate market had 41 homes for sale in May 2024, a 46.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 9 | 17 | +88.9% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Haiku-Pauwela housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 88.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
0 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 Haiku-Pauwela, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Haiku-Pauwela in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Haiku-Pauwela, HI
We’re sorry, we don't have information for this market at the moment
