Is the Kona real estate market slowing?

The market is not stopping, but it is moving at a slower, more deliberate pace. Inventory increased in 2025 while demand softened year-over-year, resulting in longer selling timelines.

What happened to Kona condo prices in 2025?

Condo pricing adjusted. Median price per square foot declined 9%, and homes took longer to sell, reflecting slower absorption.

Is Kona a buyer’s or seller’s market?

By the end of 2025, market conditions were closer to balanced. Condos leaned more buyer-favorable, while single-family homes remained closer to neutral when priced correctly.

What does months of supply mean in Kona real estate?

Months of supply measures how quickly inventory is absorbed. Higher numbers in 2025 indicated slower sales and reduced urgency.

Which price ranges faced the most resistance?

Homes priced between $3M and $10M experienced the most resistance, while properties above $10M showed steadier demand.

What is the outlook for Kona real estate moving into 2026?

The market is entering 2026 in a more stable and predictable phase, characterized by higher inventory, slower absorption, and pricing discipline. Hawaii market is seasonal. The market typically gets busy from January to July.

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Kailua Kona Real Estate Market Recap: 2025 Trends & 2026 Outlook

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Gentleman's farm was used to offset real property tax in Hawiaii. The tax system will change in 2026.

How Hawai‘i County Assesses Real Property Taxes: What Every Property Owner Should Know and New Changes (2025 update)

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