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
There is a lack of inventory here and across the U.S. The normal seasonal trend is for inventory to start to grow in late September on through the end of the year. It will be very interesting to follow this trend give the current low inventory numbers. Price will likely continue to show year over … Continue reading AUGUST 2017 Kona Coast Market Report