Makakilo is seeing a steady flow of homes coming on and off the market. There are 86 homes for sale, with 23 new listings and 32 going under contract. Supply has edged up, with months of supply at 6.1 and inventory up 7.5 percent month over month, even as it is down 1.15 percent from last year.
Pricing is adjusting to that shifting balance between buyers and sellers. Typical home values are about $511,740, which is down 41.69 percent from a year ago and 43.45 percent from last month, and values sit well below Honolulu County’s typical value of $700,000. Sellers are still getting very close to their asking prices, with an average sale-to-list ratio of 0.99 and about 35.7 percent of homes selling above list, while only about 10.5 percent of listings take a price cut.
Time on market has lengthened, with homes spending a median of 129 days for sale, up 14.16 percent from last month and 65.38 percent year over year, even as pending sales have climbed 45.45 percent over the past year. Looking ahead to March 2026, projections show inventory near 89 homes, a typical home value around $315,110, and a median list price of $575,000, suggesting pricing may keep easing as options hold steady. With Makakilo still labeled a seller’s market at a market gauge of 27, both buyers and sellers can benefit from Agent Pronto’s help in finding an experienced local agent to guide their next move.
