Just hours after MLS 282453, a 2 bedroom Paniolo Club condo unit in Waikoloa Village, hit the market, the calls were coming in. By late the next day, a buyer from the West Coast was preparing a full price cash offer and booking a flight to the Big Island for a walk-through inspection.
With inventory remaining tight, this is a common scenario for well-priced properties on the Kohala Coast and up the hill in Waikoloa Village. As buyers continue to gain confidence in the market, and supply remains low, prices are continuing an upward trend.
As of this writing, there are 31 condo listings on the market in Waikoloa Village (view all current listings here), ranging in price from $139,000 (Fairway Terrace) to $585,000 (Pointe at Waikoloa). So far this year, 13 units have sold, with prices ranging from $150,000 (Fairway Terrace) to $394,500 (Waikoloa Fairways).