Key Takeaways
- Average Total Closing Costs: ~1%–3% of the sale price (Source: https://www.bankrate.com/real-estate/average-closing-costs/)
- Average Timeline for a Traditional Sale: 100–135 days total (10–15 days prep, 60–75 days on market, 30–45 days closing) (Sources: Zillow, Redfin)
- Disclosure Requirements: Sellers in Hawaii must disclose structural or environmental issues and any other material facts. (Source: https://cca.hawaii.gov/reb/files/2022/01/Seller-Disclosure-Form-2019.pdf)
- Alternatives: As-is and sale-leaseback options are gaining popularity for faster, less disruptive sales.
How Long Does It Take to Sell a Home in Hawaii?
Selling a home in Hawaii typically takes 100–135 days. Here's the breakdown:
- Preparation: 10–15 days to clean, repair, and stage.
- Days on Market: 60–75 days (Source: Redfin Market Data)
- Closing: Around 30–45 days once under contract.
Top Counties: Quick Insights
|
County/Metro
|
Market Insights
|
|
Honolulu
|
High demand, international buyers, luxury expectations.
|
|
Maui
|
Vacation properties dominate, strong seasonal influence.
|
|
Hawai‘i (Big Island)
|
Slower market, varied housing stock.
|
|
Kaua‘i
|
Premium pricing, small inventory increases competition.
|
|
Kalawao
|
Very limited housing activity, niche market.
|
Steps to Selling in Hawaii
Step 1: Set the Right Price
Use a Comparative Market Analysis (CMA). Pricing too high can lead to extended days on market. Pricing too low may leave money on the table.
Step 2: Complete Required Disclosures
Hawaii requires disclosure of structural issues, plumbing/electrical systems, and environmental concerns. Failure to comply may result in legal action. (Source: https://cca.hawaii.gov/reb/files/2022/01/Seller-Disclosure-Form-2019.pdf)
Step 3: Decide Between Traditional, Wholesale, or Sale-Leaseback
|
Method
|
Pros
|
Cons
|
|
Traditional Sale
|
Max exposure; market competition
|
~60–90 days total; staging & prep required
|
|
Wholesale
|
Rapid close (often <30 days); no prep
|
Offers may land ~30% below market value
|
|
Sale-Leaseback
|
Sell as-is, stay in your home, avoid staging/showings
|
Requires ≥20% equity to qualify
|
Step 4: Understand Closing Costs
Typical seller costs in Hawaii include:
- Agent commissions: ~5–6%
- Title and escrow fees: ~0.5%
- Seller concessions and HOA fees (if applicable)
(Source: https://www.bankrate.com/real-estate/average-closing-costs/)
Want to Sell Fast but Stay in Your Home?
Sell2Rent offers:
- As-is sale with no showings
- 24-hour cash offer
- Close in as little as 15 days
- Stay as a renter after selling your home
Final Thoughts
Whether you're aiming for top dollar, a fast sale, or the ability to stay in your home, Hawaii homeowners have options.
Explore traditional, wholesale, or leaseback strategies depending on your financial goals and personal needs.
Comments