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

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

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.

May 24, 2010||Big Island: Market Trends, Mortgages/Economy/Market, Our Listings: Residential, Our Listings: Sold Properties

Market Trends: What's Happening in the Kau District?  

The Ka'u district of Hawaii's Big Island is known for its vast coastline, black and green sand beaches and the Kau Desert in Volcanoes National Park. Due in part to tighter lending restrictions on lava zone 1 and 2 properties and the increase in volcanic emissions (Vog) as a result of the March 2008 Halemaumau Crater eruption, the Kau district has been one of the harder hit areas of the Big Island during the recent economic downturn. But, the rugged appeal of this area, combined with the fact that there are affordable deals to be found in the current market, means that adventurous buyers are finding opportunities that continue to draw attention to the southern-most part of the island. Inventory and Recent Sales Active Listings: There are currently 187 active listings in the Kau district (including residential listings and condos at Colony One at Sea Mountain as well as a few unpermitted cabins, not uncommon in rural areas of the Big... Read More 

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