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!
14 residential homes have closed escrow in the South Kohala luxury district. These are homes priced over $1,000,000. Several of the areas and subdivisions of Pu'uepa Ranch, Puakea Bay Ranch, Kohala by the Sea, Puako, Mauna Lani Resort, and Mauna Kea Resort. $1,350,000 MLS:613529 | Residential | Detached | Fee Simple | Full | 2 … Continue reading 2018 Big Island South Kohala Luxury Market Sales YTD PLUS WHATS HOT!
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
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
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Happy May Day! The most notable bit of residential data is the increase in sales number, up from 432 in the previous 12 months to 483. Along with this increase in sales numbers we have a new high for Median Prices at $595,000. There is a hint of the passing of the busy winter selling … Continue reading Hawai’i Island 2x Monthly Real Estate Report May 1st, 2017
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