Kailua Kona Market Report - February continues the 10 month trend of rising sales - in fact Condo sales jumped a drastic 200% over last year

By
Real Estate Agent with Kona Home Team (luva llc) RS 62947

 

If you have been following my blog you already know that Kailua Kona sales have been steadily increasing for 10 months straight now - in fact many of these months, home sales have actually been better than 2009, 2008, 2007, and 2006. And from a personal standpoint - only 1 of the 16 sales I have closed in the past 12 months took advantage of the Tax Credit, so don't believe the hype that- this was the fuel for the fire.  I believe we have actually turned around, as far as the numbers of sales go. Now as far as median prices go - we are still declining - not near as fast though - in fact, if you read the sales report you will see that Home prices increased by almost 10% last month - but don't believe what you see  - we had huge inventory of high end properties sell in February. In fact 12 properties listed between $1,000,000.00 and $11,500,000.00 sold for various amounts' (I think that says something in itself - if the Rich and Famous are out there gobbling up deals - it's time to start moving folks) Any way here is a sneak peak at the report.

Condo Sales - up 200% from 2009 (easily surpassing 2008 and 2007 sales)

Land Sales - up 166% from 2009 (also outselling 2008 and 2007 sales)

Home Sales - up 26% from 2009 (just shy of beating 2008 numbers)

Log onto my website below for the full report - click on the tabs to the left that say - MLS Market Reports

Aloha, and have a great day

 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

 

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Aloha, and have a great day 

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

LUVA Real Estate 

75-240 Nani Kailua Dr #8 , Kailua Kona, HI. 96740 (Pines Plaza

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Kona Home Team (luva llc) Lance Owens (RS)

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