Market Report

Honokaa, HI 96727

Single-Family Homes

Chartwell Escrow



Honokaa, HI 96727

Thu Mar 23 2023
This week the median list price for Honokaa, HI 96727 is $1,195,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 9. Click here to stay informed with the Honokaa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Honokaa, HI 96727

Thu Mar 23 2023
This week the median list price for Honokaa, HI 96727 is $1,195,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 9. Click here to stay informed with the Honokaa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Honokaa market.
Median List Price $1,195,000
Median Price of New Listings $0
Per Square Foot $852
Average Days on Market 110
Median Days on Market 91
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,197,500 3,332 5 - 10 acres 3 3 13 0 0 112
$1,299,500 1,393 10 - 20 acres 2 1.5 25 0 0 227
$1,047,500 1,060 5 - 10 acres 2 1.5 7 0 0 108
$450,000 1,056 0.25 - 0.5 acre 3 1 75 0 0 35