Is North Shore, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Shore is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Shore was a Seller's Market.

Key Takeaway

North Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Shore, HI

How much do homes in North Shore, HI cost?

Median Sold Price

$1,012,500

$858/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$100,000(-9.0%)

Key Takeaway

Homes in North Shore have sold for 9% less than they did a year ago.

Summary: The median home sold price in North Shore was $1,012,500 in April 2024, down 9% from last year, and the median price per square foot was $858.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $600K$446.5K
-25.6%
2 $820K$750K
-8.5%
3 $1.1M$1.3M
+18.1%
4 $1.9M$1.7M
-12.8%
5+ $2.1M$1.6M
-24.0%

Summary: North Shore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.6%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 24%.

Housing Supply in North Shore, HI

How many homes are available in North Shore, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5459+9.3%

Summary: The North Shore real estate market had 59 homes for sale in April 2024, a 9.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 88
0.0%
2 88
0.0%
3 1920
+5.3%
4 1214
+16.7%
5+ 79
+28.6%

Summary: The North Shore 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Shore, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in North Shore in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for North Shore, 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 5 Days Ago

Newest Listings in North Shore, HI

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