by Dan Polimino | Jan 22, 2022 | Hawaii Real Estate, Luxury Market
12-month Market Stats for each of the 6 beach resorts along the Kona/Kohala Coast. 2021 turned out to be a banner year for luxury real estate on the Gold Coast of Hawaii Island. The tables below are summaries of the sales for Condominiums and Single-Family Homes in...
by Dan Polimino | Dec 4, 2021 | Luxury Market, Neighborhood News
Market Research Update: The summary tables below, taken from Hawai`i Information Service, clearly show the inventory of single-family homes and condominiums from Kona to Kawaihae has dropped, causing fewer sales in the month of November 2021 at 132 as compared to 164...
by Dan Polimino | Oct 20, 2021 | Buying, Hawaii Real Estate, Investing, Luxury Market, Selling
In a recent luxury real estate seminar presented by Title Guaranty some very eye-opening market trends appeared. With the onset and progression of COVID, buyers are leaving congested areas for paradise and they are coming here with cash, to the tune of plus 256%...
by Dan Polimino | Sep 18, 2021 | Buying, Hawaii Real Estate, Luxury Market, Selling
In August there were 20 condominiums and single-family homes sold, with the lowest sale being $2,150,000.00 and the highest being $12,000,000.00. The Average sold price compared to the original price was 100.5% with an average of $1,689.00 per square foot. I think...
by Dan Polimino | Jul 31, 2021 | Luxury Market
Luxury single family home sales have exploded in 2021. Below are the statistics for sold single family homes above $2,000,000.00 from 1/1/1021 to 7/28/21 from Kona to Hawi. # Lowest Highest Average Median Mode Listings 121 $2,000,000 $49,000,000 $6,681,594...
by Dan Polimino | Jul 31, 2021 | Buying, Hawaii Real Estate, Luxury Market, Neighborhood News, Selling
Back in April and May, I did a two-part series entitled “The Winds Are Changing.” In that series, I forecasted the changes that were around the corner in the real estate market. If you’d like to re-read either of those stories, you can find them here: The Winds...