Quick Answer: October 2025 saw light luxury real estate activity in Kona-Kohala Coast resorts, with Waikoloa Beach Resort leading condo sales (5 units, $725,000–$1,400,000) and Hualālai Resort recording the highest home sales (2 units, $11,500,000–$13,000,000). Island-wide, single-family home and land sales volumes declined and median prices softened, while North Kona condos posted a 10.6% median price increase.
Key Takeaways: Kona-Kohala Coast Luxury Market in October 2025
- Resort Activity Was Muted: Luxury condo and home sales within premier Kona-Kohala Coast resorts were light, reflecting a more selective pace for high-end transactions.
- Waikoloa Beach Resort Led Condo Sales: Five two-bedroom units sold across multiple communities, demonstrating continued buyer interest.
- Hualālai Dominated High-End Home Sales: Two home sales between $11,500,000 and $13,000,000 reinforced its position as a top-tier luxury destination.
- Island-Wide Softening: Big Island single-family home and land sales volumes declined year-over-year, with median prices easing.
- North Kona Condo Strength: North Kona condominiums saw a 10.6% year-over-year increase in median price, highlighting localized resilience.
After nearly two decades selling luxury homes on the Kona-Kohala Coast, one of the most common questions I hear is: “What is really happening in the market right now?”
What I call the Polimino Market Insight System is built on years of analyzing complex market data and translating it into clear, actionable intelligence. Rather than focusing only on headlines, it examines micro-market trends, property types, and resort-specific performance to provide a precise understanding of current conditions.
What Do the October 2025 Numbers Mean for a Kona-Kohala Coast Luxury Investment?
Quick Answer: October’s data reflects a market that requires careful positioning. While broader island trends indicate moderation, certain resorts and property types continue to demonstrate resilience.
Luxury resort activity was measured rather than aggressive. Mauna Lani and Mauna Kea recorded limited transactions, while Waikoloa Beach Resort maintained steady condominium activity. This suggests that performance varies significantly by location and product type.
Island-wide, single-family median prices declined 2.6% year-over-year to $550,000, and land prices followed a similar pattern. In contrast, North Kona condos increased 10.6% year-over-year to a median price of $575,000. Meanwhile, South Kohala condo median prices decreased 6.3% to $815,000. These differences underscore the importance of hyper-local analysis when evaluating investment timing and opportunity.
Is Now a Good Time to Buy a Luxury Condo in Waikoloa or Mauna Lani?
Quick Answer: Waikoloa Beach Resort showed consistent transaction volume, while Mauna Lani saw fewer but higher-priced sales. Each presents opportunities depending on budget and investment objectives.
Waikoloa Beach Resort recorded five two-bedroom condo sales ranging from $725,000 to $1,400,000. The steady volume indicates liquidity and ongoing buyer demand. Communities such as Fairway Villas and Kolea continue to attract interest from both second-home buyers and vacation rental investors.
Mauna Lani Resort recorded three condo sales, including a three-bedroom unit at $2,900,000 and a two-bedroom unit at $1,325,000. While transaction count was lower, price points remained strong, reflecting a more exclusive segment of the market.
For buyers, this suggests Waikoloa may offer broader price flexibility and transaction activity, while Mauna Lani remains positioned at the higher end of the luxury spectrum.
How Did Big Island Home and Condo Prices Change in October 2025?
Quick Answer: Single-family home and land median prices declined 2.6% year-over-year, condo median prices slipped 1.0% island-wide, but North Kona condos rose 10.6%.
The overall island median price for condominiums decreased slightly to $495,000. However, regional variation was significant. North Kona showed measurable strength, while South Kohala single-family homes experienced an 18.2% decline in median price to $817,500.
These contrasts illustrate that property performance is highly dependent on location and asset type. Broad island averages do not fully capture individual market segments.
What Were October 2025 Luxury Home Sales Like in Hualālai and Mauna Lani?
Quick Answer: High-value transactions continued, though at lighter volume, with two major sales in Hualālai and one in Mauna Lani.
Hualālai Resort recorded two notable home sales: a three-bedroom property at $11,500,000 and a four-bedroom property at $13,000,000. These transactions confirm that premium estates continue to command strong pricing.
Mauna Lani Resort recorded one home sale at KaMilo for $2,200,000. While overall sales volume was modest, significant transactions are still occurring for well-positioned properties.
For sellers, this environment emphasizes the importance of strategic pricing, presentation, and targeted marketing. For buyers, selective opportunities may exist in segments experiencing moderation.
The Bottom Line: Navigating the Kona-Kohala Coast Market
October 2025 reflects a nuanced luxury market across the Kona-Kohala Coast. Broader island indicators show moderation in volume and median pricing, particularly in single-family homes and land. At the same time, specific condo markets—most notably North Kona—demonstrate continued strength.
Success in this environment depends on understanding micro-market dynamics, analyzing comparable sales within specific communities, and aligning strategy with clearly defined goals. Generalized interpretations of island-wide data are insufficient when evaluating luxury property performance.
Frequently Asked Questions
Q: What do these October 2025 numbers suggest about vacation rental income potential?
A: Sustained buyer interest in Waikoloa and North Kona condos suggests continued confidence in the vacation rental market. Income potential will depend on location, amenities, management quality, and market positioning.
Q: How does October 2025 compare to prior years?
A: Sales volumes are lighter than peak pandemic-era activity, and median prices have moderated in several segments. However, values remain significantly above pre-pandemic levels, indicating normalization rather than severe contraction.
Q: What should I ask a realtor about October 2025 data?
A: Request recent comparable sales within your exact community and property type. Ask about days on market, price-per-square-foot trends, and strategies for navigating a market with reduced transaction volume.
Q: Is Hawaii Information Service (HIS) data reliable?
A: Hawaii Information Service (HIS) is the primary source of MLS data used by licensed real estate professionals across the state. While no dataset is guaranteed to be error-free, it provides the most comprehensive and up-to-date transactional information available for analysis.