
Key Takeaways
⢠Average Total Closing Costs: ~1%ā3% of the sale price (Source: https://www.bankrate.com/real-estate/average-closing-costs/)
⢠Average Timeline for a Traditional Sale: 100ā135 days total (10ā15 days prep, 60ā75 days on market, 30ā45 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.Ā Ā
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How Long Does It Take to Sell a Home in Hawaii?
Selling a home in Hawaii typically takes 100ā135 days. Here's the breakdown:
- Preparation: 10ā15 days to clean, repair, and stage.
- Days on Market: 60ā75 days (Source: Redfin Market Data).
- Closing: Around 30ā45 days once under contract.
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Top Counties: Quick Insights
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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
Step 4: Understand Closing Costs
Typical seller costs in Hawaii include:
- Agent commissions: ~5ā6%
- Title and escrow fees: ~0.5%
- Seller concessions and HOA fees (if applicable)
(Source: https://www.bankrate.com/real-estate/average-closing-costs/)
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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
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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.
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