by The Hawaii Team | Feb 27, 2024 | Blog
Quick Answer: January 2024 saw a slight dip in overall luxury sales volume on the Kona-Kohala Coast compared to January 2023, primarily due to continued low inventory. However, average sales prices remained stable or increased in some segments, signaling sustained...
by The Hawaii Team | Feb 27, 2024 | Blog
Quick Answer: More people are moving to Hawaii than leaving. In 2023, 56% of moves were inbound compared to 44% outbound. This positive migration trend supports sustained demand for luxury real estate on the Kona-Kohala Coast, even with the state’s higher cost of...
by The Hawaii Team | Jan 29, 2024 | Blog, Resorts
Quick Answer: While Hawaii experiences some net outbound migration due to high living costs, the luxury real estate market on the Kona-Kohala Coast remains strong. Demand is driven by high-net-worth individuals, including remote workers and retirees, who prioritize...
by The Hawaii Team | Jan 29, 2024 | Blog
Quick Answer: For February 2024, Kona Village Resort offers exceptional oceanfront dining at Kahuwai Cookhouse and Moana Restaurant, both open to the public by reservation. Culturally, the Big Island hosts the 53rd Annual Kona Coffee Cultural Festival (February 2–4),...
by The Hawaii Team | Jan 29, 2024 | Blog
Quick Answer: While 2023 saw market adjustments with fewer sales due to higher interest rates and limited inventory, the luxury resort areas of the Kona-Kohala Coast demonstrated resilience, with many maintaining or increasing average sales prices. For discerning...
by The Hawaii Team | Dec 19, 2023 | Blog, Resorts
Quick Answer: The two most critical lessons that consistently apply to successful luxury real estate transactions on the Kona-Kohala Coast are strategic timing and strong, trust-based local relationships. These principles help buyers and sellers navigate the unique...
