OK - 4 months in a row now that the Kailua Kona, Keauhou, area home sales have beat last years numbers. Seems to be a new trend - a healthy one :) With home sales having an increase of 66% over last year - I don't know how long the prices will continue to drop? The good news for Buyers (sorry Sellers) is that the prices are still down, 15% from last August - but again how long will that trend last with sales exceeding last years numbers .
Bad news for Condo sales - numbers are below last years. Down almost <30%> from a year ago - condo sales have been off, almost all year - July was the exception with a 15% increase.
For the complete Hawaii Island MLS Market Report - log onto my website www.KonaHomeTeam.com and follow the links on the left hand side.
Aloha, and have a great day
Lance Owens (RS)
Aloha Kona Realty Inc.
78-6740 Alii Drive
Always like to leave you with a photo
Here is the VW car show over at Ala Moana Park in Honolulu - went there for the 3 day weekend
My Sister in-law's Ghia - won 2nd place in the show :) ( Miki Nagatoshi )