Is Waianae, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Waianae was a Seller's Market.
Key Takeaway
Waianae is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Waianae, HI
How much do homes in Waianae, HI cost?
Median Sold Price
$582,500
$451/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Waianae have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Waianae was $582,500 in April 2024, down 2.8% from last year, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $257.7K | $240K | -6.9% |
| 2 Bedrooms | $305K | $310K | +1.6% |
| 3 Bedrooms | $625.5K | $625K | -0.1% |
| 4 Bedrooms | $727K | $740K | +1.8% |
| 5+ Bedrooms | $811.5K | $806.5K | -0.6% |
Summary: Waianae housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in Waianae, HI
How many homes are available in Waianae, HI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 215 | 249 | +15.8% |
Summary: The Waianae real estate market had 249 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 31 | 41 | +32.3% |
| 2 Bedrooms | 35 | 42 | +20.0% |
| 3 Bedrooms | 86 | 91 | +5.8% |
| 4 Bedrooms | 42 | 52 | +23.8% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Waianae housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 32.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 40 | +73.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Waianae, you may be able to get a good deal. 47.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in Waianae in April 2024, up by 73.9% month-over-month. Of the 40 sold homes, 48% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Waianae, HI
We’re sorry, we don't have information for this market at the moment
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