Happy Thanksgiving from the Big Island of Hawai'i! During this season of gratitude may everyones plate be full and your hearts content! The latest data from Hawaii Information Service for North Kona residential shows the from a year ago. Pending Sales are off by 17. Both these numbers contribute to lowering the Pending Ratio. Chart 1 … Continue reading 11/17/18 Kona Hawai’i Market Update
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!
JULY 15, 2017 KONA, HAWAI'I All of the residential stats continue support the fact that this market has legs on it. Inventory is trending lower, escrow activity remains stable and median sale prices are up +6% over the previous 12 months in 2015-2016. The price range data at the top of page 2 really … Continue reading July 2017 Kona Coast Bi Monthly Market Update
Happy belated Easter to all near and far. Here is positive news to share on the local Hawai'i market watch. The residential data shows declining inventory and strong improvement in pending sales. The Pending Ratio is now in Sellers’ Market territory. The last time we saw this was in 2013 when the market, dominated by … Continue reading Bi Monthly Hawai’i Island Market Update APRIL 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