Q1 2017 Hawaii Island Real Estate Market Report

April 27, 2017||Big Island: Market Trends

The total number of residential transactions closed on the Big Island of Hawaii in Q1 2017 decreased slightly in seven of the nine districts from Q1 2016. The two exceptions, North Kona and South Kona, had modest increases. In total, 545 Big Island homes sold in Q1 2017.

May 11, 2016||Big Island: Market Trends

Affordable Hawaii: Condos Priced Under 250K in North Kona 

The Hawaiian Islands generally have a reputation for being a sunny utopia that comes with the price of a high cost of living--the proverbial "paradise tax." Luckily for us on the Big Island, real estate prices are the most affordable in the state. Sun-seekers on a more frugal budget need to look no further than the various condo options in beautiful North Kona to get a taste of their options, including condos for sale for $250,000 or less, many with maintenance fees of under $500 a month! Read More 


February 6, 2014||Big Island: Market Trends, Mortgages/Economy/Market

Central Kona Home and Condo Prices Jump in January 

Home prices on Big Island jump 25%, condo prices up 32% http://t.co/q7GI725dNn — Pacific Biz News (@pacificbiznews) February 6, 2014 Year Over Year Median Prices Jump on the Big Island According to this Pacific Business News article, which compared January 2014 to January 2013 MLS data, the median price for residential properties on the Big Island jumped 32% from $265,000 in January 2013 to $334,000 for January 2014. Condo median price went from $195,000 in 2013 to $257,550. Central Kona Also Sees Healthy Jump In a recent post on the Kona Real Estate Blog, I took a look at MLS data for the same period, but narrowed it down to include only Central Kailua Kona (Tax Map Key  Zones 3-7-5 to 8, my area of specialization), to see how the data compared to that of the entire Big Island. Overall, in terms of transactions, the numbers stayed mostly flat for this area (+2 for both condos and land, -1 for residential) which was also reflected... Read More 

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January 14, 2014||Big Island: Market Trends

Seascape Condominium: An Affordable Option for North Kona Buyers 

January 2015 Update: Please note that the information in the article below was published in January 2014. Median sale price for the North Kona real estate market has improved significantly over the last year. To see currently available Seascape listings, please click here. Developer units have sold out; however, resale units are occasionally available. To see the most recent sales, click here (registration required to view sold data). North Kona Condos: Seascape Condominium Located above Kona International Airport, near the Kona Palisades neighborhood, is the Seascape Condominium project. All units in this project are 2 bedroom, 2 bath units with approximately 1,010 square feet. These condos feature an open floor plan, high ceilings and high-end finishes not commonly encountered at this price point in Kona. Solid surface granite and undermount sinks (in the newest phase) will be found not only in the kitchen but also both... Read More 

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January 9, 2014||Big Island: Market Trends

2013 in Review: Central Kailua-Kona Real Estate Market Trends 

2013 Real Estate Retrospective 2013 was an active year for real estate on both the national and local scene. As we enter into these early weeks of 2014, we have the necessary MLS data coming in to take a look back at 2013 to see the ups and downs of the year. Watching prices climb in many markets was scary for some buyers, but for many homeowners, who were seeing appreciation in their properties for the first time in years, the upward trends were a relief. Because the Big Island of Hawaii is a very diverse island comprised of many sub-markets, the reports are mixed for different areas. Since I specialize in the Central Kailua-Kona market, I tend to concentrate more on numbers and real estate trends for this area of the island.   2013 Central Kona Real Estate Trends Overall, the real estate market in Kailua Kona performed well in 2013 with increased activity in residential, condominium and vacant land transactions. Year-over-year,... Read More 

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