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
Quick Answer: The mainland real estate market is experiencing a significant slowdown, characterized by fewer showings, price reductions, and longer days on market. Historically, Hawaii’s luxury market lags mainland trends by several months. While a moderation in price...
by Dan Polimino | Apr 3, 2021 | Luxury Market
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...
by Dan Polimino | Apr 3, 2021 | Blog, Buying, Luxury Market, Selling
Quick Answer: The Kona-Kohala Coast luxury real estate market is not crashing; it’s normalizing after an unsustainable frenzy. While interest rates are rising and buyer caution is increasing, demand for unique, high-quality properties remains strong, albeit at a...
by Dan Polimino | Apr 13, 2017 | Buying, Luxury Market, Selling
Quick Answer: Receiving multiple offers on your luxury home in Hawaii is exciting but complex. Review all terms carefully, not just price. Stay objective and rely on your agent’s expertise to negotiate the strongest overall deal, including contingencies, closing...
by Dan Polimino | Mar 21, 2017 | Luxury Market, Selling
Quick Answer: Spring 2024 presents a dynamic window for luxury real estate on the Kona-Kohala Coast, with strong buyer demand for well-positioned properties and opportunities for decisive buyers to secure prime assets, especially in resorts like Hualalai and Kukio...
