Browse listings and real estate market trends.
Median Sale Price: $1,100,000
Median Sale Price Per Square Foot: $932
Number of Homes Sold: 6
Median Days on Market: 127 days
The Kapaa housing market shows signs of being relatively relaxed, as evidenced by:
Multiple Offers: In the Kapaa market, it's not common for homes to receive multiple offers, making the bidding process less competitive.
Selling Prices: On average, homes in Kapaa are selling for approximately their listing price. The most desirable properties might fetch about 1% above their list price.
Time on Market: Properties in Kapaa stay on the market longer than in many other locations, with homes averaging 147 days before going pending. However, the most sought-after homes, likely due to unique features or prime locations, can go pending in about 66 days.
Summary
The Kapaa, HI real estate market is characterized by its lack of competitiveness and the extended time properties remain on the market. Yet, the area has seen a notable rise in home prices over the past year, suggesting an increasing demand or limited supply. Potential buyers may find opportunities in this market to negotiate favorable terms, but it's always essential to understand the locale and market specifics when considering an investment or purchase.