Is Waihee-Waikapu, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waihee-Waikapu is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Waihee-Waikapu was a Buyer's Market.

Key Takeaway

Waihee-Waikapu is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Waihee-Waikapu, HI

How much do homes in Waihee-Waikapu, HI cost?

Median Sold Price

$1,300,000

$707/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$197,500(+17.9%)

Key Takeaway

Homes in Waihee-Waikapu have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Waihee-Waikapu was $1,300,000 in March 2024, up 17.9% from last year, and the median price per square foot was $707.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $1.3M$634K
-53.1%
2 $1.3M$1.3M
+1.5%
3 $962K$1.2M
+27.3%
4 $1.2M$1.7M
+45.8%
5+ $1.3M$1.3M
-1.8%

Summary: Waihee-Waikapu housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.1%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 45.8%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Cities

Waihee-Waikapu
+17.9%
Kihei
+13.1%
Kahului
+8.0%
Wailuku
+3.1%
Lahaina
+2.1%

Housing Supply in Waihee-Waikapu, HI

How many homes are available in Waihee-Waikapu, HI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
16160.0%

Summary: The Waihee-Waikapu real estate market had 16 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 22
0.0%
3 88
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Waihee-Waikapu housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waihee-Waikapu, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Waihee-Waikapu in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Waihee-Waikapu, 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 17 Days Ago

Newest Listings in Waihee-Waikapu, HI

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