Is Nuuanu / Punchbowl, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nuuanu / Punchbowl is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Nuuanu / Punchbowl was a Buyer's Market.

Key Takeaway

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

Housing Prices in Nuuanu / Punchbowl, HI

How much do homes in Nuuanu / Punchbowl, HI cost?

Median Sold Price

$870,000

$588/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$405,000(-31.8%)

Key Takeaway

Homes in Nuuanu / Punchbowl have sold for 31.8% less than they did a month ago.

Summary: The median home sold price in Nuuanu / Punchbowl was $870,000 in April 2024, down 31.8% from last month, and the median price per square foot was $588.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$718K
N/A
3 $1.2M$1.4M
+17.9%
4 -$1.1M
N/A
5+ $1.4M$1.0M
-30.2%

Summary: Nuuanu / Punchbowl housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.9%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 30.2%.

Median Sold Price Compared To Nearby Neighborhoods

Dowsett
+18.8%
Nuuanu / Punchbowl
-31.8%

Housing Supply in Nuuanu / Punchbowl, HI

How many homes are available in Nuuanu / Punchbowl, HI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3239+21.9%

Summary: The Nuuanu / Punchbowl real estate market had 39 homes for sale in April 2024, a 21.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 35
+66.7%
2 1013
+30.0%
3 911
+22.2%
4 34
+33.3%
5+ 76
-14.3%

Summary: The Nuuanu / Punchbowl housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nuuanu / Punchbowl, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Nuuanu / Punchbowl in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Nuuanu / Punchbowl, 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 10 Days Ago

Newest Listings in Nuuanu / Punchbowl, HI

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