Category
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 […]
Welcome to the Kailua Kona condominium market update as of March 1, 2023. The current median price for condominiums in Kailua Kona is $555,000, representing a 16.8% increase year over year, demonstrating a robust market for sellers. However, the year-to-date closing sales show only 44 units, resulting in a negative 44.3% year over year change, […]
Welcome to the Kona Single Family Home Market Update for March 2023. We have seen some interesting trends in the market this month. The number of pending sales has increased by 18.3%, indicating that buyers are still actively searching for their dream homes in Kona. However, we have also observed a YTD median price decrease […]
