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As we enter 2025, the Big Island real estate market continues to evolve, shaped by steady home appreciation, shifting condo dynamics, and a thriving luxury resort sector. Single-family homes remained a seller’s market, while condominiums saw increased inventory, creating new opportunities for buyers. Meanwhile, private resort properties at Kukio, Hualalai, and Kohanaiki commanded premium prices, […]
Kailua Kona Real Estate Market Update – December 2024 As 2024 concludes, the Kailua Kona real estate market presents a dynamic mix of opportunities and challenges for buyers and sellers alike. Here’s a closer look at the trends shaping the single-family home and condominium markets: Kona Condos: Rising Prices Despite Challenges The condominium market continues […]
The latest release of the S&P CoreLogic Case-Shiller Indices highlights a 3.9% growth in home prices, marking a slight cooling from the previous month’s 4.3%. This shift signals the end of a streak of record-setting gains in the national index and may hint at a sustained slowdown in price increases. For prospective buyers, a gradual […]
Kona Market Update – November 2024 The Kona market in November 2024 shows contrasting dynamics between single-family homes and condominiums. Single-family homes are experiencing a balanced inventory increase yet maintain a 3-month supply, keeping it within seller’s market conditions. Condos, however, face an oversupply with an 8.1-month supply, indicating a clear buyer’s market, potentially driven […]
This summer, we’ve seen noticeable shifts in both national and local market trends. Nationally, active listings have surged by 23% since August 2023, reaching the highest levels since fall 2020. Additionally, price reductions on active listings have risen by 37% year-over-year, signaling heightened competition among sellers. In Hawaii, the condo market is particularly feeling the […]
Each month, we share our data flipbook featuring essential insights, focusing on the west side of the Big Island. If you have any questions or want to discuss market trends in your neighborhood, please feel free to reach out! September kicked off much like August, with the U.S. stock market experiencing a significant pullback as […]
Aloha, I have safely returned to the Big Island. Japan was quite hot! Before diving into the market trends… here is a brief overview of last weekend’s U.S. economic activities. Economic Activities At the Federal Open Market Committee meeting on July 30, Federal Reserve Chairman Powell announced that the policy rate would remain at 5.25-5.5%, […]
Aloha, At KE Team, we strive to keep our clients and friends informed about the Big Island market. Each month, we publish our data flipbook, featuring valuable insights such as Historical Median Price, Activity by Price Ranges, Active/Pending Ratio, and Inventory. We specialize in the west side of the Big Island. Key Metrics Summary for […]
