June 23, 2009|Clark Realty Corporation|Big Island: Market Trends, Mortgages/Economy/Market
Residential sales volume for the entire Big Island increased by 94.31% over the previous month, during May 2009. Condo sales also increased by 27.44%, while we experienced a drop of 62.21% from April to May in vacant land sales.
According the the National Association of Realtors®, May's increase nationally was the first back-to-back monthly gain since September, 2005.
April, 2009 and May, 2009 Sales Volume Numbers for the Big Island:
While still significantly lower than last year, median sales prices have increased from April, 2009 to May, 2009 in residential listings by 25.42%, and sales prices for condos have increased by 22.37%. Vacant land prices dropped by 24.05% over the same period.
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TagsBig Island, condos, residential sales, vacant land