Is Makawao-Paia, 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, Makawao-Paia has remained a Seller's Market.
Key Takeaway
Makawao-Paia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Makawao-Paia, HI
How much do homes in Makawao-Paia, HI cost?
Median Sold Price
$999,999
$790/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Makawao-Paia have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Makawao-Paia was $999,999 in April 2024, up 5.3% from last year, and the median price per square foot was $790.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $727.5K | $800K | +10.0% |
| 2 Bedrooms | $845K | $923.5K | +9.3% |
| 3 Bedrooms | $980K | $950K | -3.1% |
| 4 Bedrooms | $985K | $1.4M | +46.7% |
| 5+ Bedrooms | $1.2M | $1.5M | +18.8% |
Summary: Makawao-Paia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Cities
| Kula | $1.9M | $2.4M | +23.1% |
| Makawao-Paia | $950K | $999.9K | +5.3% |
Housing Supply in Makawao-Paia, HI
How many homes are available in Makawao-Paia, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The Makawao-Paia real estate market had 51 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Makawao-Paia 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 decreased by 11.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Makawao-Paia, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Makawao-Paia in April 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Makawao-Paia, HI
We’re sorry, we don't have information for this market at the moment
