Find homes for sale in Kailua, known for its white sand beaches and hiking trails.
The Kailua housing market is moderately competitive, with Kailua homes for sale typically receiving 3 offers and selling in about 61 days. Last month, the median sale price of homes for sale in Kailua was $1.4M, reflecting a 10.7% decrease from the previous year. However, the median price per square foot has risen by 2.3%, now at $830.
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In August 2024, Kailua home prices saw a 10.7% drop compared to the previous year, with a median price of $1.4M. Homes for sale in Kailua typically took about 61 days to sell, slightly longer than the 55 days seen last year. This indicates a slight cooling in the market. Additionally, only 22 Kailua homes for sale were sold in August, down from 34 last year, suggesting a potential shift toward a more buyer-friendly environment. For those looking to invest, this could be a good opportunity to explore homes in Kailua at more favorable prices.
The Kailua housing market is somewhat competitive, with most homes selling in about 55 days. While some homes for sale in Kailua receive multiple offers, the average property sells for roughly 1% below the list price. However, hot Kailua homes for sale can sell for around 1% above the asking price and go pending within just 40 days, highlighting the competitive nature for highly desirable properties. Buyers should be prepared to act quickly for in-demand homes.
Nationwide, 0.63% of homebuyers searched for homes for sale in Kailua from outside their current metro areas. Los Angeles homebuyers showed the most interest in moving to Kailua, followed by those from Seattle and New York. This indicates Kailua's growing appeal to buyers from major cities looking for a change of pace or a coastal lifestyle. If you're considering Kailua homes for sale, you may be competing with interested buyers from across the country.
For detailed, up-to-date information on buying a house in Kailua, including legal considerations and market trends, you can talk to us.
Before purchasing a home in Kailua, it's essential to consider the local lifestyle, proximity to beaches, schools, and amenities. Additionally, Kailua homes for sale often come at premium prices due to the area's high desirability. Make sure to budget for property taxes and potential maintenance costs specific to coastal homes.
Many Kailua homes for sale boast open floor plans, large outdoor living spaces, and tropical landscaping. Additionally, the area's close proximity to beaches may mean certain properties offer ocean views, beach access, or other coastal benefits that may not be available in other areas.
When purchasing Kailua homes for sale, buyers should expect to pay around 2% to 5% of the purchase price in closing costs, which can include fees for inspections, title insurance, and loan origination. These costs are typical for homes in Hawaii but can vary depending on the property and loan terms.
To price your home competitively, research recent sales of similar Kailua homes for sale and consider their location, condition, and unique features. Working with a local real estate agent who understands the nuances of Kailua's real estate market can help you set a competitive price to attract potential buyers.
To successfully market homes for sale in Kailua, focus on professional photography that highlights the property's coastal lifestyle appeal. Consider virtual tours and social media campaigns that reach buyers from other metro areas like Los Angeles, Seattle, and New York, where interest in Kailua real estate is growing.
To increase your chances of a quick sale, make sure your Kailua home is well-maintained, with any necessary repairs completed before listing. Staging the home to emphasize outdoor spaces and coastal living can also make a significant impact on buyers searching for Kailua homes for sale.
Whether you have questions or you're ready to take the next step towards owning a piece of paradise, we're here to guide you every step of the way. Don't hesitate to reach out for personalized assistance and expert advice tailored to your unique needs. Contact us today to embark on your journey to finding the perfect property in Kailua. Your dream home awaits!
Dive into the heart of Kailua with our comprehensive neighborhood guide. From the serene beauty of its world-renowned beaches to the vibrant local cuisine, hidden hiking trails, and unique boutiques, our guide is your key to unlocking all the wonders this paradise has to offer. Whether you're a first-time visitor or a seasoned local, there's always something new and exciting to discover.
Alesia’s marketing and advertising expertise, network of connections, industry partnerships, superior market knowledge, and exclusive client base have rocketed her into the Top 25 Realtorsin Hawaii.