We've been hearing about a nationwide shortage of housing inventory, however all of the sudden there are only just 10 homes for sale in Diamond Head.
Homes at the Base of Diamond Head
Over the past 15-20 years since I've been tracking inventory in Diamond Head 20 active listings was considered very low. We typically cary about 30 homes for sale in Diamond Head in MLS. With this lack of inventory, prices have been on the rise. Of the 10 homes available for sale in Diamond Head, the average and median price are both over $7 million. The lowest price is $3,350,000 and the highest is $10,850,000. There are only 3 homes on the market now under $5 million.
4121 Black Point Road (MLS # 202205862) is the Lowest Priced Home in Diamond Head
3047 Kalakaua Ave. (MLS #202203111) is the Highest Priced Home in Diamond Head
What's really a tell tale sign of this low inventory is we've seen 25 single family home sales in Diamond Head over the past 6 months with a median price of $4,700,000. The average sales price is just over $1400/sq. ft. and the average asking price is just over $2100/sq. ft. If you're looking for a great value in Diamond Head, I have a listing coming soon priced under $1000/sq. ft.
Coming Soon Listing in Diamond Head under $1000/sq. ft.
To learn more about this home or buying or selling in Diamond Head, feel free to contact me for more information.