The other night we had an amazing sunset at my house. Why SO amazing? As you can imagine we're pretty sunset snobby here in Hawai'i and this one was just beaming extra vibrant colors int he sky and peaceful. Listen to clip and you'll hear the evening ritual of the birds settling into the lychee … Continue reading 9/1/2018 Kona Real Estate Market Update
The latest data from Hawaii Information Service indicates the Residential market quite strong. Inventory has rebounded from low of 142 to current 156 for homes price to $4.0M. Median Price is at a new recovery high, ($639,000), for home price under $4.0M. The shrinking lower priced inventory and increased demand in the higher price ranges continues … Continue reading 6-1-18 Kona Hawaii Real Estate Market Report
Several new markets recover since last report two weeks ago! The latest data from Hawaii Information Service indicates the Residential market quite strong. Inventory is far less than a year ago. The best news is the Pending Ratio has reached a new recovery high of 75. Median Price has resumed an increasing trend and has reached … Continue reading APRIL 2018 Market Update for KONA, HAWAII!
Moving toward the busy winter season we see the residential inventory displaying the seasonal increase. However, the inventory is far less than what was available a year ago. Current inventory stands at 178. The median price has been stable since the summer. Currently, the median price for residential homes is $620,000. The price range data … Continue reading Big Island Hawaii January Market Stats and End of Year 2017
Residential Median Price has been relatively stable since last summer fluctuating in the $572,000 to $580,000 range. Current Median Price is ($580,000). Escrow activity is up 18% from a year ago. The inventory is up also, but almost all of the increase is in the over $700,000 price ranges. The Median Price of the active … Continue reading Kona Coast Market Stats MID MONTH Jan 2017
How to Buy a Home Without a 20% Down Payment One of the first things you'll hear when you start considering homeownership is that you'll need a hefty chunk of change upfront. Most financial planners recommend putting down a 20% down payment. On the current national median home price of $306,700, that comes to $61,340. … Continue reading BUYING YOUR HAWAII HOME-QUALIFYING FOR THE RIGHT LOAN!
-Kona Residential stats show the Median Price upward trend now holding over $570,000. It is likely the lack of affordable inventory under $500.000 and corresponding increase in sales in the higher price ranges will continue to move the price higher. The number of homes listed under $500,000 fluctuates in the low to mid 20’s. It … Continue reading 9.5 Hawaii Island Real Estate Update