Is Kaimuki, 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, Kaimuki has remained a Seller's Market.
Key Takeaway
Kaimuki is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kaimuki, HI
How much do homes in Kaimuki, HI cost?
Median Sold Price
$1,267,500
$807/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kaimuki have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Kaimuki was $1,267,500 in April 2024, down 6.1% from last year, and the median price per square foot was $807.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $490K | +15.3% |
| 2 Bedrooms | $1.0M | $930K | -7.0% |
| 3 Bedrooms | $1.3M | $1.2M | -2.9% |
| 4 Bedrooms | $1.3M | $1.3M | -0.2% |
| 5+ Bedrooms | $1.6M | $1.3M | -22.4% |
Summary: Kaimuki housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 22.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Waialae - Kahala | $1.4M | $1.6M | +7.6% |
| Waialae Nui Valley | $640K | $650K | +1.6% |
| Kaimuki | $1.3M | $1.2M | -6.1% |
| Wilhelmina | $1.3M | $1.2M | -6.1% |
Housing Supply in Kaimuki, HI
How many homes are available in Kaimuki, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Summary: The Kaimuki real estate market had 29 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Kaimuki housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kaimuki, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Kaimuki in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Kaimuki, HI
We’re sorry, we don't have information for this market at the moment
