A slowdown in sales activity couldn’t stop the Big Island real estate market from setting a record high, with median sales prices reaching $642,000 in June and 23% of properties sold above asking price. Unexpectedly, total sales for condos plummeted to 32 sales in June, down from 72 sales in June, a 56% decline. Looking… Read More »

Thanks to my listing and buyer clients alike, 2023 was an incredible year for me regarding real estate sales. I very much appreciate all of your support, encouragement, and aloha. I earned the Coldwell Banker International Society of Excellence Award for 2023. I earned this award by producing net sales that placed me in the… Read More »

Much remains unchanged for Big Island real estate in May, as total sales and median prices stayed in line with flat to slight increases from the start of the year. Some softening of demand is being experienced for single-family homes (SFH), as days on market increased by 10 days to a total of 37 days.… Read More »

The Big Island real estate market is heating up as summer approaches. For five consecutive months, there has been an increase in total sales, with buyers continuing to purchase properties in less than 30 days. Properties at the higher end of sales prices in neighborhoods are selling, but at a slower pace. Most notably, condos… Read More »

Market activity on the Big Island closed out the first quarter with continued upward trends in overall sales and prices for both single-family homes and condos across the island in March. Notably, there was an all-time record-high median sales price for residential properties, reaching $579,500, while condos reached their second-highest median price at $673,000. Condo… Read More »

Overall, real estate sales activity on the Big Island continues to increase, with total sales for single-family homes and condos rising for the third consecutive month. This surge has been accompanied by rising median sales prices and shorter days on the market. Median sales prices for single-family homes in various areas include: Kona at $1.2M,… Read More »

The Big Island real estate market continued to hold steady at the start of 2024 with total sales, median prices, and new listings remaining within recent ranges. In West Hawaii, the median sales price for a single-family home stands at $1,050,000, while a condo is priced at around $673,000. In contrast, East Hawaii sees a… Read More »

The Big Island’s housing market is showing an increase in overall activity in December 2023, partly due to decreasing mortgage interest rates that are likely to provide a favorable tailwind as we head into the New Year. Last month, the median sales prices were just below the year’s highs, with single-family homes at $860,000 in… Read More »

Sales activity on the Big Island came to a standstill in November, with both single-family home and condo sales recording their lowest marks since May 2020. As a result, days on market climbed up to 35 days for residential properties. Keen observers of the market will notice an uptick in listings and escrows, suggesting a… Read More »

It’s a tale of two markets. In October, single-family homes displayed strength, with median prices nearing record levels at $550,000 and a significant decline in days on the market to just 22 days. Conversely, the Big Island’s condo market is showing signs of weakness. Prices have fallen for the third consecutive month, and properties are… Read More »