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 | 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 | 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 | Mar 11, 2019 | Blog, Selling
Quick Answer: While saving commission may seem appealing, my nearly two decades of experience on the Kona-Kohala Coast show that For Sale By Owner (FSBO) sellers often net less due to incorrect pricing, limited marketing reach, poor negotiation, and increased legal...
by Dan Polimino | Jul 13, 2018 | Blog, Selling
Quick Answer: The Kona-Kohala Coast luxury market is shifting from an aggressive seller’s market to a more balanced one. While still strong, rising interest rates and increased inventory mean sellers must adjust expectations, price competitively, and focus on...
by Dan Polimino | Mar 15, 2018 | Blog, Selling
Quick Answer: Pre-inspections are a strategic advantage for sellers on the Kona-Kohala Coast. They help identify and address potential issues such as termites, roof damage, or outdated electrical systems before listing. This proactive approach prevents deal collapse,...
