KE Team Hawaii Real Estate Blog: Kailua-Kona Market Trends & Insights
Kona Market Update
The median of single-family homes, which surpassed $1M for the first time in history, is still holding at $1.1M, contrary to expectations. Unprecedented inventory shortage still continues with only 44 homes for sale. Naturally, the number of transactions is down from last year due to the lack of inventory. There were only 8 homes for […]
Kona Market Update – March 2022
Aloha, Here is what is happening in Kona, Hawaii. The median price of condos is +13.5% of last year. As the single family home market, this is the lowest level of inventory. The pace of sales is slower than last year due to extremely low inventory. The absorption rate is less than one month, meaning […]
IN ESCROW: PINES II #144
Right after going live on the market, we had 2 very busy days of OPEN HOUSE showings, having over 50 potential buyers coming and viewing the property in person and agents showing the property to their mainland buyers via FaceTime. This “killer ocean view” 2 bedroom and 2 bathroom condo was hit with multiple offers […]
PGA Mitsubishi Electric Championship
PGA Mitsubishi Championship takes place at Four Season’s Hualalai Resort every January. Yes. It is a senior tour, but you will be amazed how far these old-timers (most are still older than I am) hit! They don’t strike as very athletic, BUT they hit far with accuracy without stress. At least they don’t look stressed. […]
BAREFOOT GOLF!!!
Aloha! Played golf barefoot for the first time in my life! It was so relaxing and powerful to be able to feel the earth directly. Kohanaiki, a premier private resort in Kona, is the perfect place for BAREFOOT GOLF. Ultimate LUXURY. Kohanaiki is probably the only golf club golf can be enjoyed barefoot. Kona is […]
Kona Market Update : February 2022
Aloha! Here is an update on Single Family Home market as of February 1, 2022. The median price surpassed the $1M mark for the first time in history. $1.1M median price is higher than the median price in Oahu( Honolulu, $1.05M)! We knew this will happen with how Kona’s popularity has been rising. The inventory […]
KE Team New Listing Update
This rare opportunity to own one or three contiguous parcels in Luxury Ke Alohi Kai oceanfront gated community was taken by a group of people, 3 families, friends… All three properties are under contract as of February 1, 2022. Each family is planning on developing the lot into beautiful residence that will become their vacation […]
Kona Market Update: February 2022
Aloha! We just cannot believe how tight the market is! There are only 20 condos for sale in the ENTIRE North Kona! Or only 16 if we exclude Leasehold condos, That being said we have two condos coming up on the market soon! Please contact us for more detailed market data!!!
