In May 2024, Waialae-Kahala experienced a 5.9% decrease in home prices compared to the previous year, with the median sale price now at $1.6 million. Homes in this area typically spend an average of 71 days on the market, slightly longer than the 65-day average recorded last year. The number of homes sold also declined, with only 19 homes changing hands this May, down from 26 in the same month last year. This trend suggests a cooling market in Waialae-Kahala, characterized by longer listing times and a decrease in both sales volume and median prices.

Waialae-Kahala's housing market is somewhat competitive, with homes typically selling in about 65 days. Some properties receive multiple offers, though the average home sells for approximately 3% below the list price and goes under contract within 65 days. In contrast, "hot homes"—those in higher demand—can sell for about 2% above the list price and go pending in around 44 days. This indicates that while the market is generally steady, certain desirable properties still attract quick and competitive bids.

Purchasing a home in Kahala offers a unique blend of luxury, tranquility, and convenience. Known for its stunning beachfront properties and upscale neighborhoods, Kahala provides residents with beautiful ocean views, lush landscapes, and a peaceful environment. Additionally, its proximity to Honolulu ensures easy access to top-rated schools, world-class shopping, dining, and entertainment options. Living in Kahala means enjoying the best of both serene residential living and vibrant city life, making it an ideal location for discerning homebuyers.