Fri Dec 01 2023
This week the median list price for Kula, HI is $2,835,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 24.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$2,835,000|
|Median Price of New Listings||$1,600,000|
|Per Square Foot||$1,154|
|Average Days on Market||135|
|Median Days on Market||95|
|Slight Buyer's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$5,747,000||3,655||2.5 - 5 acres||3||3.5||13||0||0||164|
|$3,143,500||3,116||2.5 - 5 acres||3||3.8||24||0||0||101|
|$1,787,000||1,526||0.5 - 1 acre||3||2||47||1||2||77|
|$1,225,000||1,282||0.5 - 1 acre||3||2||33||0||0||59|