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
Quick answer: The premier luxury neighborhoods on the Big Island’s Kona–Kohala Coast, ideal for second homes and investment, include Kukio, Hualālai (Four Seasons), Kohanaiki, Mauna Lani, and Mauna Kea. Each offers distinct amenities and lifestyle options, with price...
Quick answer: For high-net-worth investors on the Kona–Kohala Coast, a single-family home—particularly within established luxury resorts—tends to be a more appealing, usable, and consistently appreciating investment than raw land. This is largely due to the...
Quick answer: The Hawaii Team consistently outperforms the broader Kona–Kohala Coast market by selling luxury homes at 98–99% of list price, compared to the market average of 93–94%, and in a fraction of the time. This success stems from three core pillars: precise...
Quick answer: Failing to properly vet rental revenue expectations for a short-term vacation rental on the Kona–Kohala Coast can create serious financial strain and turn a dream investment into a burden. Without accurate, expert-interpreted projections, you may...
Quick Answer: For a luxury oceanfront estate on the Kona–Kohala Coast, you should budget a minimum of $5 million for the purchase, with prices routinely reaching $40–$50 million or more. Additionally, plan for annual carrying costs of approximately 2% to 5% of the...