$3,888,000
3,193 SqFt
4 Beds
•4 Full Baths
Listing Office: BHGRE Advantage Realty
Is Waialae - Kahala, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Waialae - Kahala was a Neutral Market.
Key Takeaway
Waialae - Kahala is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Waialae - Kahala, HI
How much do homes in Waialae - Kahala, HI cost?
Median Sold Price
$1,550,000
$957/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$275,000(-15.1%)
Key Takeaway
Homes in Waialae - Kahala have sold for 15.1% less than they did a year ago.
Summary: The median home sold price in Waialae - Kahala was $1,550,000 in December 2024, down 15.1% from last year, and the median price per square foot was $957.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $910K | -26.9% |
| 2 Bedrooms | $580K | $607.5K | +4.7% |
| 3 Bedrooms | $1.9M | $1.2M | -35.4% |
| 4 Bedrooms | $3.2M | $2.8M | -12.0% |
| 5+ Bedrooms | $3.0M | $4.6M | +55.0% |
Summary: Waialae - Kahala housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 35.4%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 55%.
Median Sold Price Compared To Nearby Neighborhoods
| Lower Waialae Nui | $1.1M | $1.3M | +17.9% |
| Kaimuki | $1.2M | $1.4M | +11.3% |
| Waialae Nui Valley | $663K | $650K | -2.0% |
| Waialae - Kahala | $1.8M | $1.5M | -15.1% |
Housing Supply in Waialae - Kahala, HI
How many homes are available in Waialae - Kahala, HI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 70 | 66 | -5.7% |
Summary: The Waialae - Kahala real estate market had 66 homes for sale in December 2024, a 5.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 22 | 18 | -18.2% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 19 | 21 | +10.5% |
Summary: The Waialae - Kahala housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
3 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 Waialae - Kahala, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Waialae - Kahala in December 2024, the same as the previous month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Waialae - Kahala, HI
How long does it take to sell a home in Waialae - Kahala, HI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 52 Days | 37 Days | -28.8% |
Summary: Homes in Waialae - Kahala had an average of 37 days on market in Dec 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Waialae - Kahala are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 9 homes were sold in Waialae - Kahala; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
