Is Kailua, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kailua has remained a Seller's Market.
Housing Prices in Kailua, HI
How much do homes in Kailua, HI cost?
Median Sold Price
$1,482,333
$843/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kailua was $1,482,333 in March 2024, up 2.2% from last year, and the median price per square foot was $843.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $599K | $529.5K | -11.6% |
2 Bedrooms | $716.2K | $698.5K | -2.5% |
3 Bedrooms | $1.3M | $1.3M | +3.1% |
4 Bedrooms | $1.6M | $1.7M | +6.3% |
5+ Bedrooms | $1.7M | $1.9M | +9.8% |
Summary: Kailua housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
Lanikai | $2.1M | $2.2M | +9.3% |
Kaneohe | $883.3K | $915K | +3.6% |
Kailua | $1.4M | $1.4M | +2.2% |
Housing Supply in Kailua, HI
How many homes are available in Kailua, HI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 126 | -4.5% |
Summary: The Kailua real estate market had 126 homes for sale in March 2024, a 4.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 21 | 17 | -19.0% |
3 Bedrooms | 43 | 42 | -2.3% |
4 Bedrooms | 40 | 35 | -12.5% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The Kailua housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 27 | -20.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Kailua in March 2024, down by 20.6% month-over-month. Of the 27 sold homes, 41% were sold under asking, 22% were sold at asking, and 37% were sold over asking.
Days on Market for Kailua, HI
We’re sorry, we don't have information for this market at the moment