Market Intelligence Report — HI-180

Kapaa, HI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-HI-09
As of the latest 2026 data
Very Weak

Median Listing

$1.51M
+8.1% YoY

Pending Ratio

0.18
-7.0% YoY

Active Inventory

385
+8.3% YoY

Median DOM

116 Days
+10.8% YoY

Primary Intelligence Tool — Sold Score™

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The Kapaa market is currently classified as Very Weak, with a pending ratio of 0.18, representing a 7.0% decline year-over-year. The median listing price stands at $1,507,750, a 2.7% contraction from the prior month.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Kapaa market right now.

Inventory levels expanded by 8.3% year-over-year to 385 active listings. New listings, however, saw a substantial decrease of 37.1% year-over-year, indicating a potential supply constraint in new offerings despite overall inventory growth. The median listing price, while up 8.1% over the past year, experienced a 2.7% month-over-month decrease, suggesting some recent price recalibration.

Historical Analysis

Market Trends

Median Price

$1.51M-2.7% MoM

Active Inventory

385+8.3% YoY

Days on Market

116+10.8% YoY

Sold Score™

26-7.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

26
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.18, demand absorption is severely lagging supply, indicating limited pace for transactions. Inventory pressure remains low due to the substantial gap between active and pending listings. Price discipline may be challenged by the contracting month-over-month median listing price.

Luxury Segment

The average listing price of $2,720,648 is significantly higher than the median listing price of $1,507,750, suggesting a concentration of higher-value properties. The average price increased 19.0% year-over-year, outpacing the median price growth of 8.1% year-over-year, indicating strength at the upper end of the market.

Supply Dynamics

385 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
4.8%

of active listings carry a price reduction, -8.3% from prior period.

$/Sq Ft
$1K

Median price per square foot has moved +1.7% year-over-year.

Absorption
0.18

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Kapaa, HI? Homes here are taking 11 days longer to sell than last year.

Buyers have leverage in Kapaa, HI. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
18%
Median Days on Market
116 days
Inventory YoY
+8%

In a buyer's market, strategy beats timing. See how your home scores in Kapaa, HI and what moves the number.

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Metro Demographics

Metro Area
Kapaa, HI
CBSA Code
28180
State
HI

ZIPs in Kapaa, HI

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Kapaa?+

    As of the latest 2026 data, the Kapaa metro is classified as Very Weak. Pending ratio is 0.18 with median days on market at 116.

  • Are home prices dropping in Kapaa?+

    Median listing price is $1.51M, +8.1% year over year. 4.8% of active listings carry a price reduction.

  • How fast are homes selling in Kapaa?+

    The typical listing sits 116 days on market, a +10.8% change YoY. New listings are arriving at 44 per month.

  • What's happening in the Kapaa luxury market?+

    The average listing price of $2,720,648 is significantly higher than the median listing price of $1,507,750, suggesting a concentration of higher-value properties. The average price increased 19.0% year-over-year, outpacing the median price growth of 8.1% year-over-year, indicating strength at the upper end of the market.

  • Where can I find a trusted Kapaa real estate expert?+

    Primpted maintains a vetted registry of Kapaa agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 28180 · 36mo history