Is Hawaii Kai, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hawaii Kai has remained a Seller's Market.
Key Takeaway
Hawaii Kai is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hawaii Kai, HI
How much do homes in Hawaii Kai, HI cost?
Median Sold Price
$1,165,000
$779/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hawaii Kai have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Hawaii Kai was $1,165,000 in April 2024, up 5.9% from last year, and the median price per square foot was $779.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $550K | 0.0% |
| 2 Bedrooms | $784.5K | $748K | -4.7% |
| 3 Bedrooms | $1.2M | $1.2M | +3.3% |
| 4 Bedrooms | $1.6M | $1.5M | -3.1% |
| 5+ Bedrooms | $1.7M | $2.9M | +64.3% |
Summary: Hawaii Kai housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 64.3%.
Housing Supply in Hawaii Kai, HI
How many homes are available in Hawaii Kai, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 109 | +28.2% |
Summary: The Hawaii Kai real estate market had 109 homes for sale in April 2024, a 28.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 28 | 36 | +28.6% |
| 4 Bedrooms | 21 | 30 | +42.9% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The Hawaii Kai housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 23 | +35.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hawaii Kai, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Hawaii Kai in April 2024, up by 35.3% month-over-month. Of the 23 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.
Days on Market for Hawaii Kai, HI
We’re sorry, we don't have information for this market at the moment
