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
by Dan Polimino As we turn the page on another year, the question I’m asked most often is simple: what’s next for real estate here on the Big Island of Hawaiʻi? Rather than guessing, I prefer to combine nearly two decades of experience, daily market activity, and a...
Featured Restaurant: Tommy Bahama Marlin Bar Queen’s Marketplace at Waikoloa Beach Resort has welcomed an exciting new addition: Tommy Bahama’s Marlin Bar. Open daily for lunch, dinner, and a lively Happy Hour, the Marlin Bar invites guests to relax on its spacious,...
November real estate sales activity in the resorts continued to be light in both condo and home sales. The highlights of the month were the sale of five condominiums in Mauna Lani and the sale of a home in Kohanaiki for $23M. In other activity, there was a home sale...
OPEN HOUSE WEEKEND! Join us this Saturday & Sunday at our Open House events along the Kohala Coast. Iconic Ali'i Hale Oceanfront Retreat 75-5976 Ali‘i Dr Kailua-Kona, HI 96740 Open House: December 20 11am-2pm Property Details Penthouse Condo at Royal Sea Cliff...
A December 2025 Big Island Update: Inventory is Up, Showings are Strong & Luxury Listings are Growing by Dan Polimino As we wrap up 2025 and look toward the new year, the question I hear most often from clients and colleagues alike is: “Is the Hawaii housing...