| MLS Sales Statistics | | Median Sales Price | | | | 1,573,116 | 1,890,303 | 317,187 | 20.16% | | 1,614,498 | 1,889,400 | 274,902 | 17.03% | | | | Oct-Dec | # | % | | YEAR | # | % | | Big | | 4th Quarter | Increase / | Increase / | | TO DATE | Increase / | Increase / | | Island | | 2006 | 2007 | <Decrease> | <Decrease> | | 2006 | 2007 | <Decrease> | <Decrease> | | ENTIRE | Residential | 389,625 | 375,000 | <14,625> | <3.75%> | | 421,000 | 395,000 | <26,000> | <6.18%> | | Vacant Land | 52,500 | 37,500 | <15,000> | <28.57%> | | 58,000 | 45,000 | <13,000> | <22.41%> | | Commercial | 651,270 | 817,500 | 166,230 | 25.52% | | 580,000 | 850,000 | 270,000 | 46.55% | | Condominium | 367,221 | 410,303 | 43,082 | 11.73% | | 426,498 | 394,900 | <31,598> | <7.41%> | | Business | 112,500 | 250,000 | 137,500 | 122.22% | | 129,000 | 204,500 | 75,500 | 58.53% | | PUNA | Residential | 259,000 | 251,000 | <8,000> | <3.09%> | | 269,000 | 259,500 | <9,500> | <3.53%> | | Vacant Land | 45,750 | 30,000 | <15,750> | <34.43%> | | 50,000 | 37,000 | <13,000> | <26.00%> | | Commercial | 522,040 | 450,000 | <72,040> | <13.80%> | | 375,000 | 337,500 | <37,500> | <10.00%> | | Condominium | 0 | 0 | 0 | | | 175,000 | 0 | <175,000> | <100.00%> | | Business | 199,000 | 250,000 | 51,000 | 25.63% | | 199,000 | 250,000 | 51,000 | 25.63% | | SOUTH HILO | Residential | 375,000 | 365,000 | <10,000> | <2.67%> | | 365,000 | 350,000 | <15,000> | <4.11%> | | Vacant Land | 147,500 | 225,000 | 77,500 | 52.54% | | 210,000 | 225,000 | 15,000 | 7.14% | | Commercial | 677,540 | 817,500 | 139,960 | 20.66% | | 480,000 | 612,500 | 132,500 | 27.60% | | Condominium | 138,000 | 95,000 | <43,000> | <31.16%> | | 135,000 | 107,500 | <27,500> | <20.37%> | | Business | 0 | 0 | 0 | | | 26,000 | 170,000 | 144,000 | 553.85% | | NORTH HILO | Residential | 399,000 | 250,000 | <149,000> | <37.34%> | | 367,500 | 435,000 | 67,500 | 18.37% | | Vacant Land | 350,000 | 560,000 | 210,000 | 60.00% | | 502,500 | 407,500 | <95,000> | <18.91%> | | Commercial | 0 | 0 | 0 | | | 600,000 | 2,650,000 | 2,050,000 | 341.67% | | Condominium | 0 | 0 | 0 | | | 0 | 0 | 0 | | | Business | 0 | 0 | 0 | | | 0 | 0 | 0 | | | HAMAKUA | Residential | 550,000 | 371,300 | <178,700> | <32.49%> | | 467,000 | 390,000 | <77,000> | <16.49%> | | Vacant Land | 421,000 | 887,500 | 466,500 | 110.81% | | 413,500 | 500,000 | 86,500 | 20.92% | | Commercial | 0 | 0 | 0 | | | 592,500 | 0 | <592,500> | <100.00%> | | Condominium | 0 | 0 | 0 | | | 0 | 0 | 0 | | | Business | 0 | 0 | 0 | | | 0 | 0 | 0 | | | NORTH KOHALA | Residential | 578,000 | 402,500 | <175,500> | <30.36%> | | 721,000 | 850,000 | 129,000 | 17.89% | | Vacant Land | 467,000 | 1,150,000 | 683,000 | 146.25% | | 569,000 | 580,000 | 11,000 | 1.93% | | Commercial | 0 | 0 | 0 | | | 0 | 600,000 | 600,000 | 0.00% | | Condominium | 0 | 0 | 0 | | | 0 | 0 | 0 | | | Business | 0 | 0 | 0 | | | 0 | 0 | 0 | | | SOUTH KOHALA | Residential | 568,252 | 534,843 | <33,409> | <5.88%> | | 544,234 | 550,000 | 5,766 | 1.06% | | Vacant Land | 565,000 | 184,500 | <380,500> | <67.35%> | | 325,000 | 387,500 | 62,500 | 19.23% | | Commercial | 625,000 | 0 | <625,000> | <100.00%> | | 787,500 | 362,000 | <425,500> | <54.03%> | | Condominium | 810,000 | 769,700 | <40,300> | <4.98%> | | 695,000 | 788,000 | 93,000 | 13.38% | | Business | 0 | 0 | 0 | | | 85,000 | 0 | <85,000> | <100.00%> | | NORTH KONA | Residential | 598,976 | 604,000 | 5,024 | 0.84% | | 635,000 | 610,000 | <25,000> | <3.94%> | | Vacant Land | 495,000 | 600,000 | 105,000 | 21.21% | | 527,500 | 480,000 | <47,500> | <9.00%> | | Commercial | 0 | 0 | 0 | | | 950,000 | 1,915,000 | 965,000 | 101.58% | | Condominium | 371,000 | 350,000 | <21,000> | <5.66%> | | 405,623 | 360,000 | <45,623> | <11.25%> | | Business | 102,000 | 0 | <102,000> | <100.00%> | | 150,000 | 239,000 | 89,000 | 59.33% | | SOUTH KONA | Residential | 557,500 | 470,000 | <87,500> | <15.70%> | | 539,500 | 499,750 | <39,750> | <7.37%> | | Vacant Land | 222,250 | 427,500 | 205,250 | 92.35% | | 263,700 | 290,000 | 26,300 | 9.97% | | Commercial | 0 | 1,275,000 | 1,275,000 | 0.00% | | 0 | 1,700,000 | 1,700,000 | 0.00% | | Condominium | 0 | 242,500 | 242,500 | 0.00% | | 312,500 | 242,500 | <70,000> | <22.40%> | | Business | 0 | 0 | 0 | | | 0 | 90,000 | 90,000 | 0.00% | | KA'U | Residential | 269,250 | 250,000 | <19,250> | <7.15%> | | 276,000 | 248,250 | <27,750> | <10.05%> | | Vacant Land | 35,500 | 28,500 | <7,000> | <19.72%> | | 40,000 | 34,500 | <5,500> | <13.75%> | | Commercial | 0 | 0 | 0 | | | 0 | 0 | 0 | | | Condominium | 240,000 | 0 | <240,000> | <100.00%> | | 300,000 | 330,000 | 30,000 | 10.00% | | Business | 145,000 | 0 | <145,000> | <100.00%> | | 282,500 | 0 | <282,500> | <100.00%> |
There is a lot more to this than meets the eye, so please feel free to give me a call, and we can discuss these figures and your future in the Hawaii Real Estate Market. Aloha, and have a great day Lance Owens (RS) (808) 936-8383 Lance@KonaHomeTeam.com http://www.konahometeam.com/ Aloha Kona Realty Inc. 78-6740 Alii Drive
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