KE Team Hawaii Real Estate Blog: Kailua-Kona Market Trends & Insights
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67 posts in Market Update
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 […]
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 […]
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!!!
