KE Team Hawaii Real Estate Blog: Kailua-Kona Market Trends & Insights
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67 posts in Market Update
Kona Condo Market Report
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, […]
Kona Single Family Home Market Update
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 […]
KONA MARKET UPDATE – JANUARY 2023
Aloha, Single Family homes The 2022 end-of-the-year median price was $1.075M, almost 16% higher than the prior year. The inventory increased significantly, but it is still less than 60% of the pre-pandemic level. 469 homes sold in 2022, 31% fewer than in 2021. There is 3.9 months’ worth of supply, up from 3.7 months. A […]
Kona Market Update – November 2022
Aloha, Single Family Homes The median price went up from last month as well as YTD median price. The YTD number of closed sales is down about 30%. The inventory is unchanged from last month. Of the 101 homes on the market, 13 are yet to be built homes. The monthly supply is now 3.9month. […]
Kona Market Update – January 1, 2022
Happy New Year!! Kona Market Update: January 1, 2022. Single Family Homes: Only six homes are available under $1.5M. The median price is steady, but we are seeing some incredible appreciation in the last few months. 685 homes sold in 2021, which is 12.3% more than 2020. Condominiums: 641 units sold in 2021 which is […]
Kona Market Update – October 2022
Aloha! Here are the October updates. CONDOS コンドミニアム The median price of Condominium went down slightly this month. The first drop since March 2021. The number of Pending Sales is down; however, the absorption rate is at an amazing 73.7%, which translates to only 1.36 months worth of inventory. The inventory level is still at about […]
