Real Estate Recovery in Hawaii with your favorite Realtor, Lance Owens.
Aloha, Lance here with Aloha Kona Realty Inc. Better known for my website wwwWestHawaiiCondos.com. Lets talk about the 30% increase in Condo sales for the month of July - You read it correctly - The number of Condos sold in Kailua Kona has increased by a little over 30%. I Know, my first rule is to not pay a lot of attention to the monthly reports, but rely more on the "Year to Date: (YTD) numbers. Ok Lance? what are the YTD numbers? We will get to that number in a minute, I just wanted to bring up one thing about July 2011 sales. Do you know I went back and looked, 2010, 2009, 2008, 2007, 2006, and finally when I got to 2005 - I found a July that had more sales than we did for 2011. I think that speaks VOLUMES for our local real estate market.
OK - Year to Date......... 2011....... Sales are up by 8%....... So not only are we looking good for the month of July we are looking good for the year .... 2011 .... Just to kick it up a notch, I took a look back at 2010 sales - YTD for July 2010, we were up 114%, no that's not a typo - 114% - I think a jump like what we saw last year may have been a little unhealthy, and kind of takes away from how well we really are doing this year, But in the end - 2 years running, Sales UP, I cant complain.
For all the reports (I like to call them FACTS) cruise over to my website and take a look at the Raw Data on myMLS.Market.Reports tab to the left - you know what, just click on this Hyperlink: MLS.Market.Reports
Ok - you want my pick for the day - just email, give me your wants and needs, and I will give you pick for the best deal in Kona
With that, I will leave you with my favorite surf photos, Lymans Bay, on Alii drive, with plenty of great condo deals within walking distance (taken on Christmas day a couple of years back, with my new camera)