Is Kahana / Mahinahina, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kahana / Mahinahina was a Seller's Market.
Key Takeaway
Kahana / Mahinahina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kahana / Mahinahina, HI
How much do homes in Kahana / Mahinahina, HI cost?
Median Sold Price
$820,000
$990/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kahana / Mahinahina have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Kahana / Mahinahina was $820,000 in April 2024, up 2.6% from last year, and the median price per square foot was $990.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $734.5K | -2.1% |
| 2 Bedrooms | $875K | $799K | -8.7% |
| 3 Bedrooms | $1.4M | $1.5M | +8.7% |
| 4 Bedrooms | $2.0M | $1.9M | -4.3% |
| 5+ Bedrooms | $1.7M | $1.7M | 0.0% |
Summary: Kahana / Mahinahina housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.
Housing Supply in Kahana / Mahinahina, HI
How many homes are available in Kahana / Mahinahina, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 | 78 | +11.4% |
Summary: The Kahana / Mahinahina real estate market had 78 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 38 | 45 | +18.4% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kahana / Mahinahina housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.4%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kahana / Mahinahina, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Kahana / Mahinahina in April 2024, up by 37.5% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Kahana / Mahinahina, HI
We’re sorry, we don't have information for this market at the moment
