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 $670K to $7.5M with a median price of $1.28M, median interior of 1,724sf and median land size of 5,210sf.
The median price of houses sold in Kalama Valley year-to-date (Jan - May 24, 2017) is $857K. In previous years it was $866K (2016), $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).
8 houses have sold in Kalama Valley year-to-date (Jan - May 24, 2017). In previous years, the total number of houses sold were 26 (2016), 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 36 days before they were sold (Jan - May 24, 2017). In previous years it was 80 days (2016), 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 12 days April 2017 compared to 74 days April 2016.
The ratio of Kalama Valley houses sales price vs list price were 103.3% April 2017 compared to 97.4% April 2016.
2 Kalama Valley houses were sold April 2017 compared to 2 houses sold April 2016.
The total dollar volume of houses currently for sale in Kalama Valley is $15.27M and the sold dollar volume year-to-date (Jan - May 24, 2017) is $7.06M. In previous years sold dollar volume was $23.37M (2016), $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 7774 Waikapu Loop, sold for $850K on May 05, 2017. It had 1566sf of interior. 9 other recent sales include: 7515 Muolea Place (1,560sf) sold for $950K on 4/27/2017. 1374 Honokahua Street (2,916sf) sold for $1.14M on 4/11/2017. 1071 Kahului Street (1,800sf) sold for $820K on 3/17/2017. (1,038sf) sold for $770K on 2/28/2017. 1237 Honokahua Street (1,674sf) sold for $915K on 2/10/2017. 1290 Kaeleku Street (1,566sf) sold for $750K on 1/24/2017. 861 Kealahou Street (1,317sf) sold for $865K on 1/23/2017. 587 Kealahou Street (1,516sf) sold for $810K on 12/5/2016. 7765 Waikapu Loop (1,566sf) sold for $870K on 11/4/2016.
1 of the house has ocean views and 7 have mountain views.