Is Kapolei / Honokai Hale, 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, Kapolei / Honokai Hale was a Seller's Market.
Key Takeaway
Kapolei / Honokai Hale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kapolei / Honokai Hale, HI
How much do homes in Kapolei / Honokai Hale, HI cost?
Median Sold Price
$791,000
$634/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kapolei / Honokai Hale have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in Kapolei / Honokai Hale was $791,000 in April 2024, down 0.5% from last year, and the median price per square foot was $634.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $401.2K | - | N/A |
| 2 Bedrooms | $675K | $680K | +0.7% |
| 3 Bedrooms | $830K | $813K | -2.0% |
| 4 Bedrooms | $1.0M | $965K | -4.2% |
| 5+ Bedrooms | $1.0M | $747K | -25.3% |
Summary: Kapolei / Honokai Hale 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 increased by 0.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 25.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Waipahu | $731.5K | $730K | -0.2% |
| Kapolei / Honokai Hale | $795K | $791K | -0.5% |
| Nanakuli / Maili | $622.5K | $612K | -1.7% |
| Makakilo | $715K | $697K | -2.5% |
| Mililani / Waipio / Melemanu | $656.6K | $606.6K | -7.6% |
Housing Supply in Kapolei / Honokai Hale, HI
How many homes are available in Kapolei / Honokai Hale, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 86 | 99 | +15.1% |
Summary: The Kapolei / Honokai Hale real estate market had 99 homes for sale in April 2024, a 15.1% 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 | 27 | 33 | +22.2% |
| 3 Bedrooms | 43 | 50 | +16.3% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Kapolei / Honokai Hale 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 22.2%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapolei / Honokai Hale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Kapolei / Honokai Hale in April 2024, down by 29.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Kapolei / Honokai Hale, HI
We’re sorry, we don't have information for this market at the moment
