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
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 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