Affordable Hawaii: Condos Priced Under 250K in North Kona

May 11, 2016||Big Island: Market Trends

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...

February 24, 2011||Big Island: Market Trends, Our Listings: Condos

Waikoloa Village Condo Sales - Why This IS a Great Time to Buy 

Going back one year from this date there have been 99 sales of real property in Waikoloa Village. 17 of these sales have happened since New Years Day 2011. Of the 17 sales so far this year, 11 of those are Waikoloa Village condos. That's 65% of sales this year! Read More 

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November 2, 2010||Big Island: Market Trends, Mortgages/Economy/Market

Big Island Condo Sales: A Closer Look at October Median Sale Prices by District 

The median sale price for condos in October 2009 was $357,000. The median sale price for Big Island condos in October 2010 was $285,000. Why? The short answer: short sales and foreclosures. Read the full post for more perspective on the numbers. Read More 

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March 16, 2010||Big Island: Market Trends, Mortgages/Economy/Market

Big Island Condo Market Mid-Month Update 

The Ides of March have boded well for the Big Island condo market! Today, the Big Island saw the closing of the 25th condo sale so far this month. In March 2009, there were only 24 condo sales for the entire month. Reflecting on the increased pace, Senior Vice-President Frank Goodale, R, CRB, notes that the condo market slowed to a crawl in 2009 for two primary reasons:  the restrictive lending atmosphere and hesitation on the part of investment buyers. As consumer confidence returns, sellers, he says, should consider that historical data indicates it may be several months to even a few years before prices start to edge up as a result of increased activity in a market. While there are a number of Short Sales and Foreclosures in the inventory locally, realistic pricing continues to be key for sellers. March Condo Sales To Date by District: South Hilo:  2 (Country Club Hawaii, $12,900*/Polynesia Capri, $90,000) South Kohala: ... Read More 

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