With the onset of Covid 19 our world was turned upside down. The immediate response was that markets would crash and real estate prices would drop dramatically. Realtors were getting calls from buyers looking for a fire sale. Well, the statistics below will show you that the opposite happened in the real estate market here on the Big Island and it continues to this day. As homeowners fled the crowded cities for wide-open spaces, they realized that they could work and that their children can go to school from home so why not work and go to school in paradise? Current resale inventory is extremely low here in the Islands and builders are struggling to build homes as quickly as possible. Needless to say, if you have an interest in listing your home on the Kona Coast, The Hawaii Team is here to serve you. The statistics below were drawn from Hawaii Information Services MLS searches comparing the 1st quarter of 2021 to the 1st quarter of 2020.
2021, $500,000.00 to $1,000,000.00
2020, $500,000.00 to $1,000,000.00
2021, $1,000,000.00 to $3,000,000.00
2020, $1,000,000.00 to $3,000,000.00
2021, $3,000,000.00 to $10,000,000.00
2020, $3,000,000.00 to $10,000,000.00
2021, $10,000,000.00 plus
2020, $10,000,000.00 plus
As the typically active winter real estate season winds down, sales activity in March remained abnormally sluggish. Single-family home closings occurred in Kūkiʻo, Hualālai, Kona Hills, and Mauna Kea Resort. Condo sales showed slightly stronger performance, with seven...
Across the Kona Coast’s premier resorts—Kohanaiki, Kukio, Hualālai Resort, Waikoloa Beach Resort, Mauna Lani Resort, and Mauna Kea Resort—the market has entered a more refined phase. Not softer. Not surging. More selective. More intentional. Buyers remain active—but...
Quick Answer: The Kona-Kohala Coast luxury market remains robust, characterized by sustained demand, particularly for turnkey second homes and vacation rentals. While median prices have seen some stabilization after rapid growth, properties in prime resorts like...
Featured Activity: Lei Day May Day is Lei Day in Hawai`i and if you are an admirer of the many types of lei and Hawai`i’s florals you’ll want the Celebrate the beauty and tradition of Hawaiian lei making at Queens’ Marketplace’s May 2 Lei Contest. Proudly presented by...
Quick Answer: As a seller, you cannot manufacture market urgency. You must earn it by positioning your specific property—whether it’s a villa in Kukio or a condo in Mauna Lani—as the undeniable best value in its class. This typically requires aggressive pricing...