The Palolo neighborhood is mostly a median priced neighborhood with a few semi-luxury homes. It is conveniently located just East of Kahala thus making this neighborhood easily accessible and just a short commute to the downtown Honolulu areas. It is also within a short driving distance to town making it a very convenient place to live.
Palolo – Market Update and Forecast for 2021:
Palolo currently has 4.5 months of inventory as of Q1 2020 and had 7.2 months of inventory in Q2 2019 – drifting from a moderate Buyers’ Market (above 6 months of inventory) to a slight Sellers’ Market (below 5 months of inventory). The average price per square foot for all homes sold in Palolo in the last 12 months is $572/SQF almost unchanged from the year before. The actual data and a CMA (comparative market analysis) for Palolo can be found via this link. If you have ever been thinking of buying a home in Palolo now would still be a good time to do so. Sellers with homes in good condition and nicely staged should expect to get a good fair price and sell within a reasonable amount of time. Please contact us for details by simply calling or fill out the “Tell Me More About…” form below.
Palolo Homes for Sale – Current Listings: