About Kalama Valley
Kalama Valley is a lovely, residential neighborhood offering real estate that attracts people in every stage of life. Young professionals, families and retired couples living out their golden years all call Kalama Valley home. Located at the base of Koko Head Crater, on the outskirts of Hawaii Kai, an upscale, suburban community on the eastern tip of Oahu, this is an ideal neighborhood for anyone looking for quiet, island living while still enjoying close, easy access to the shopping, dining and other commercial activity Hawaii Kai offers. Kalama Valley is a 5 - 10 minute drive into central Hawaii Kai and a 30 minute commute to Downtown Honolulu. It’s also close to popular beaches like Sandy’s and Makapuu, the Hawaii Kai Golf Course, Koko Head, which offers a popular (but challenging) hike, and the Koko Head Crater Botanical Garden.
Insight to Kalama Valley Homes
Kalama Valley’s real estate really offers something for everyone. Single family homes are well-maintained and sit on nicely-manicured lawns. This is a new development, with the majority of homes built in the ‘70s and 80s. Homes in Kalama Valley are generally bigger than homes in Oahu’s older neighborhoods, feature open floor plan layouts and vaulted ceilings that add to the homes spacious feel. Most Kalama Valley houses offer at least 3 bedrooms and sit on medium-sized (5,000-7,000 sq. ft.) lots. The neighborhood does have larger properties as well, including homes on expansive 10,000-12,000 sq. ft. lots boasting 5 bedrooms!
There are also newer townhouse complexes in this valley neighborhood, which can be a great option for those who don’t need as much room as a house or who are looking for something a little more affordable. Kalama Valley townhouses come in a variety of sizes, from 1 to 5 bedrooms, so they can accommodate a single person, empty nesters, or young families that are still growing comfortably. Because the townhouses are fairly new (built in the 2000s), they feature more modern amenities, designs and appliances. Unless you want an ultra=modern home, major renovations to these townhomes shouldn’t be necessary.
Kalama Valley definitely has a suburban feel to it, compared to neighborhoods in Honolulu and on the Windward Side. The roads are well-paved and wide, it’s pedestrian-friendly, and urban planning is evident. The Kalama Valley Community Park and parks within the townhouse complexes offer residents nice areas to enjoy time outiside and are safe places where kids can play.
The variety of homes in Kalama Valley, the modern feel of the neighborhood, and the fact that its location puts residents in easy driving distance to most anything they could want, makes Kalama Valley a wonderful place to live. Looking for a peaceful area tthat feels far away from everything but really isn’t? You’ll love to call Kalama Valley home!
The price range of houses for sale in Kalama Valley is $825K to $1.49M with a median price of $1.38M, median interior of 2,461sqf and median land size of 5,041sqf.
The median price of houses sold in Kalama Valley year-to-date (Jan - Oct 27, 2016) is $866K. In previous years it was $900K (2015), $849K (2014), $812K (2013), $730K (2012), $719K (2011), $727K (2010), $669K (2009), $710K (2008), $730K (2007), $717K (2006), $710K (2005), $600K (2004), $487K (2003).
24 houses have sold in Kalama Valley year-to-date (Jan - Oct 27, 2016). In previous years, the total number of houses sold were 17 (2015), 25 (2014), 30 (2013), 29 (2012), 18 (2011), 38 (2010), 31 (2009), 29 (2008), 34 (2007), 42 (2006), 47 (2005), 42 (2004), 48 (2003).
On average Kalama Valley houses were on the market for 83 days before they were sold (Jan - Oct 27, 2016). In previous years it was 62 days (2015), 65 days (2014), 71 days (2013), 58 days (2012), 41 days (2011), 45 days (2010), 74 days (2009), 58 days (2008), 72 days (2007), 62 days (2006), 38 days (2005), 29 days (2004), 37 days (2003).
The average days on market for Kalama Valley houses before sold were 165 days September 2016 compared to 68 days September 2015.
The ratio of Kalama Valley houses sales price vs list price were 98.0% September 2016 compared to 98.9% September 2015.
1 Kalama Valley house was sold September 2016 compared to 2 houses sold September 2015.
The total dollar volume of houses currently for sale in Kalama Valley is $12.6M and the sold dollar volume year-to-date (Jan - Oct 27, 2016) is $21.69M. In previous years sold dollar volume was $15.83M (2015), $21.17M (2014), $24.2M (2013), $20.21M (2012), $12.42M (2011), $27.17M (2010), $20.99M (2009), $20.48M (2008), $24.68M (2007), $30.61M (2006), $32.12M (2005), $25.24M (2004), $23.57M (2003).
The most recent sale in Kalama Valley was a house located at 1074 Kahului Street, sold for $1.11M on Oct 21, 2016. It had 2261sqf of interior. 9 other recent sales include: 7541 Olili Place (1,100sqf) sold for $705K on 10/20/2016. 808 Kalina Place (2,303sqf) sold for $1.05M on 10/3/2016. 7438 Mokuhano Place (2,712sqf) sold for $1.17M on 9/13/2016. 1440 Maloo Place (1,248sqf) sold for $712K on 8/26/2016. 7549 Muolea Place (1,560sqf) sold for $1.02M on 8/3/2016. 1263 Honokahua Street (2,388sqf) sold for $990K on 7/26/2016. 823 Kealahou Street (1,250sqf) sold for $705K on 7/8/2016. 825 Papalalo Place (1,140sqf) sold for $765K on 7/5/2016. 1481 Honokahua Street (1,087sqf) sold for $760K on 6/30/2016.
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The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 22, 2016. Information is deemed reliable but not guaranteed.