Is Diamond Head / Kapahulu / Saint Louis Heights, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Diamond Head / Kapahulu / Saint Louis Heights is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Diamond Head / Kapahulu / Saint Louis Heights was a Seller's Market.

Key Takeaway

Diamond Head / Kapahulu / Saint Louis Heights 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 Diamond Head / Kapahulu / Saint Louis Heights, HI

How much do homes in Diamond Head / Kapahulu / Saint Louis Heights, HI cost?

Median Sold Price

$1,050,000

$903/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$178,500(+20.5%)

Key Takeaway

Homes in Diamond Head / Kapahulu / Saint Louis Heights have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in Diamond Head / Kapahulu / Saint Louis Heights was $1,050,000 in April 2024, up 20.5% from last year, and the median price per square foot was $903.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $575K$585K
+1.7%
2 $643K$620K
-3.6%
3 $1.2M$1.3M
+9.6%
4 $1.4M$1.6M
+15.4%
5+ $1.5M$1.7M
+14.0%

Summary: Diamond Head / Kapahulu / Saint Louis Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Neighborhoods

Diamond Head / Kapahulu / Saint Louis Heights
+20.5%
Waikiki
+4.2%
Kapiolani
+2.4%
Kaimuki
-6.1%
McCully / Moiliili
-6.4%

Housing Supply in Diamond Head / Kapahulu / Saint Louis Heights, HI

How many homes are available in Diamond Head / Kapahulu / Saint Louis Heights, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6772+7.5%

Summary: The Diamond Head / Kapahulu / Saint Louis Heights real estate market had 72 homes for sale in April 2024, a 7.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1921
+10.5%
2 2828
0.0%
3 58
+60.0%
4 77
0.0%
5+ 88
0.0%

Summary: The Diamond Head / Kapahulu / Saint Louis Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Diamond Head / Kapahulu / Saint Louis Heights, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Diamond Head / Kapahulu / Saint Louis Heights in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Diamond Head / Kapahulu / Saint Louis Heights, HI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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