Is Napili, 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, Napili has remained a Buyer's Market.
Key Takeaway
Napili is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Napili, HI
How much do homes in Napili, HI cost?
Median Sold Price
$990,000
$1,038/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Napili have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in Napili was $990,000 in April 2024, down 9.8% from last year, and the median price per square foot was $1,038.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $991K | $950K | -4.1% |
| 2 Bedrooms | $1.2M | $750K | -41.3% |
| 3 Bedrooms | $1.0M | $1.0M | +2.4% |
| 4 Bedrooms | $4.8M | $3.2M | -32.4% |
| 5+ Bedrooms | $4.8M | $1.0M | -79.4% |
Summary: Napili housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 41.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes decreased by 79.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Kapalua | $1.5M | $2.8M | +85.3% |
| West Maui | $979.8K | $1.0M | +3.1% |
| Kahana / Mahinahina | $799K | $820K | +2.6% |
| Napili | $1.0M | $990K | -9.8% |
Housing Supply in Napili, HI
How many homes are available in Napili, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 52 | +20.9% |
Summary: The Napili real estate market had 52 homes for sale in April 2024, a 20.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 12 | +50.0% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Napili housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Napili, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Napili in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Napili, HI
We’re sorry, we don't have information for this market at the moment
