KE Team Hawaii Real Estate Blog: Kailua-Kona Market Trends & Insights
Kanaloa Oceanfront Condo: In Escrow!!
Kanaloa #2304 is in escrow after two days of Open House Style showings. Over 50 groups came to see the unit, and we ended up with 11 offers.
Kona Vistas New Listing In escrow in 6 days!
Kona Vistas in escrow over asking price in 6 days!!
Golf Kona Style
We sponsored a charity golf tournament at Kona Country Club. It was a beautiful day as usual in Kona. And great turnout! Over 130 golfers. We didn’t win but had a great time!!
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. […]