ABOUT
Located on the Kona-Kohala Coast, this 865-acre, Five-Star Four Seasons property features pristine white sand beaches and a black-lava landscape. The master-planned residential community includes access to the resort’s Hualalai Club which includes the 18-hole, Jack Niklaus-signature championship golf course, tennis, watersports, as well as the resort’s world-class dining and spa. The community features single family estate homes, condominiums/villas and vacant estate lots.
DID YOU KNOW?
Since this month's community event centers on the Hawaiian Slack Key Guitar Festival, this cultural byte centers on the slack-key guitar or, in Hawaiian, kī hōʻalu, which means "loosen the [tuning] key"). It is a fingerstyle genre of guitar music that originated in Hawai`i after Portuguese cowboys introduced Spanish guitars here in the late 19th century. Hawaiians did not embrace the tuning of the traditional Spanish guitars they encountered. They re-tuned the guitars to sound a chord (now called an "open tuning") and developed their own style of playing, not using a flat pick, but plucking the strings. Slack-key guitar was adapted to accompany the rhythms of the hula and the harmonic structures of Hawaiian music. The New York Times described the music as "liquid, rippling, and hypnotic". Today, the slack key guitar and its artisans are recognized around the world.
AUGUST 2022 STATS
One single-family home closed in the month of August at 100% of the Sales to Current Price - $16.7M. It spent zero days on the market; the price per square foot was $3,048.
Two condominiums sold in the month of August, both at 100% of the Sales to Current Price. They averaged one day on the market, with one closing at $7.5M and the other at $8M. The average price per square foot was $2,632.
WEATHER
2021 YEAR END MARKET STATS
Eighteen homes sold in Hualalai Resort during 2021. Prices ranged from $4.225M to $34.5M with the average days on market at 59. The average Sale to Current price percentage came in at 96.7% with the price per building square foot ranging from $1,274 to $4,308.
There were 24 condominium sales in 2021. Average days on market were 79 and prices ranged from $1.4M to $8.25M, with Sale to Current Price percentages averaging at 97.7%. The price per building square foot ranged from $778 to $2,009.
REAL ESTATE TIP
Call Me When the Market Tanks
“Call me when the market tanks.” That was the email I got from a recent buyer of ours. He was expressing in words what many people have been...
HULALAI EVENTS
September celebrates the 25th Annual Hawaiian Slack Key Guitar Festival - Kona Style - on Sunday, September 18, 2022 in the beautiful ballroom of the Outrigger Kona Resort & Spa in Keauhou, HI from 1:00 PM - 5:00 PM. Bring your friends and family and enjoy 4 hours of great music by 12 of Hawaii's finest artists in the genre. For more information visit https://www.facebook.com/Slackkeyfestivals
Location
Hualalai Resort
Video Tips
Hualālai Resort Real Estate
- Display Address: 72-393 KAUPULEHU DR KAILUA-KONA 96740
- Price: $35,000,000
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- Sold: $4,343,000
- Sold Date: 2022-09-13T10:00:00Z
- Sold: $3,975,000
- Sold Date: 2022-09-02T10:00:00Z
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Statistics provided courtesy of Hawai'i Information Service.