Is Liliha / Kapalama, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liliha / Kapalama is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Liliha / Kapalama has remained a Seller's Market.

Key Takeaway

Liliha / Kapalama is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Liliha / Kapalama, HI

How much do homes in Liliha / Kapalama, HI cost?

Median Sold Price

$900,000

$622/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$150,000(+20.0%)

Key Takeaway

Homes in Liliha / Kapalama have sold for 20% more than they did a year ago.

Summary: The median home sold price in Liliha / Kapalama was $900,000 in March 2024, up 20% from last year, and the median price per square foot was $622.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $247.5K$236K
-4.6%
2 $470K$450K
-4.3%
3 $700K$980K
+40.0%
4 $1.1M$776K
-29.5%
5+ $1.3M$1.3M
0.0%

Summary: Liliha / Kapalama housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 29.5%, and 5+ bedroom homes did not change.

Housing Supply in Liliha / Kapalama, HI

How many homes are available in Liliha / Kapalama, HI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2021+5.0%

Summary: The Liliha / Kapalama real estate market had 21 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 89
+12.5%
4 10
-100.0%
5+ 810
+25.0%

Summary: The Liliha / Kapalama housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Liliha / Kapalama, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Liliha / Kapalama in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Liliha / Kapalama, HI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Liliha / Kapalama, HI

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