Quick Answer: In April 2025, the Kona-Kohala Coast recorded 15 condominium sales, 6 home sales, and 3 land sales. The highest condominium sale closed at Hualālai Resort for $8.1 million, and the top home sale reached $15.5 million, also in Hualālai. Days on Market continued trending upward due to sustained high interest rates, reflecting a more selective buyer pool.
Key Takeaways: April 2025 Kona-Kohala Coast Luxury Market Snapshot
- Condo Market Activity: 15 units sold, led by Mauna Lani Resort with 8 closings, marking a notable increase from March.
- Luxury Home Performance: 6 homes sold, with Hualālai Resort recording the highest transaction at $15.5 million.
- Land Sales Overview: 3 land parcels sold, including a $3.5 million lot at Mauna Lani Resort.
- Days on Market (DOM): Continued to rise across all property types, reflecting increased buyer selectivity and the impact of higher interest rates.
- Resort Dominance: Hualālai, Mauna Lani, and Mauna Kea Resorts continue to command the highest luxury price points.
Over nearly two decades selling luxury homes on the Kona-Kohala Coast, I’ve worked with hundreds of buyers seeking second homes, vacation rentals, or long-term investments. One of the most common questions I hear is: “What’s really happening in the market right now?”
The answer lies in consistent analysis. The Polimino Market Insight System is built on years of tracking trends and understanding the nuances of this unique luxury market. Below are the most common questions buyers and sellers asked about the April 2025 sales data, along with clear, data-driven insights.
How Did Mauna Lani and Hualālai Condo Sales Perform in April 2025?
Quick Answer: Mauna Lani Resort led in overall condo sales with 8 units closed, while Hualālai Resort achieved the highest individual condo sale at $8.1 million.
April showed a noticeable increase in condominium activity, with 15 total sales compared to 10 in March. Mauna Lani Resort accounted for 8 of those closings, with prices ranging from $885,000 to $2.6 million. The average Days on Market for these sales was approximately 146 days, reflecting a more deliberate pace among buyers.
Hualālai Resort, while reporting only two condo sales, recorded the highest condo transaction on the Kohala Coast for the month at $8.1 million. The three-bedroom, three-and-a-half-bath residence in Kaʻulu Estates, built in 2000 and offering 2,674 square feet, was on the market for 116 days. This demonstrates that premium properties in prime resort locations continue to command strong pricing despite longer market exposure.
Market context: A two-bedroom, two-bath condominium at Fairway Villas at Mauna Lani sold for $885,000 after 107 days on the market, representing an accessible entry point into resort ownership. In contrast, the $8.1 million Hualālai transaction highlights sustained demand for ultra-luxury residences.
Is Now a Good Time to Buy a Luxury Home on the Kohala Coast?
Quick Answer: Rising Days on Market suggest improved negotiating leverage for buyers, while continued high-value transactions in premier resorts such as Hualālai indicate that well-positioned luxury homes remain strong long-term investments.
Increasing Days on Market across property types reflect a shift toward more selective and analytical buyers, largely influenced by higher interest rates. However, the continued closing of significant transactions—such as the $15.5 million home sale in Hualālai—signals that demand for high-quality, well-located luxury properties remains intact.
For buyers with a long-term investment horizon, current conditions may provide strategic opportunities to negotiate favorable terms while still securing property in one of Hawaii’s most desirable resort markets. For sellers, precise pricing and strategic positioning remain essential in attracting qualified buyers in a more measured market environment.