Is 96825, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, 96825 has remained a Seller's Market.
Key Takeaway
96825 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 96825, HI
How much do homes in 96825, HI cost?
Median Sold Price
$1,129,750
$748/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in 96825 have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in 96825 was $1,129,750 in November 2023, down 2.5% from last year, and the median price per square foot was $748.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $545K | $560K | +2.8% |
| 2 Bedrooms | $753.5K | $825K | +9.5% |
| 3 Bedrooms | $1.2M | $1.1M | -9.6% |
| 4 Bedrooms | $1.6M | $1.5M | -7.0% |
| 5+ Bedrooms | $1.7M | $1.9M | +12.1% |
Summary: 96825 housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 12.1%.
Housing Supply in 96825, HI
How many homes are available in 96825, HI?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 97 | 89 | -8.2% |
Summary: The 96825 real estate market had 89 homes for sale in November 2023, a 8.2% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 41 | 40 | -2.4% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 96825 housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 96825, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 96825 in November 2023, down by 27.3% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
