Her we are in October already, another month under our belts! Well the Sept figures are in , and not bad at all, actually pretty good. Considering what the Newspapers try to portray??? Yesterday's front page newspaper - BIG ISLAND ECONOMY SLOWING - !!!
You know, if I were a tourist here on vacation - I would think it is a lot worse than it really is. I mean - SLOWING - what exactly does that mean? Does it mean we are only flying in 200 people a day instead of 300 from Oahu to help fill positions. Does it mean that maybe we can open up Wendy's Keauhou - because their is finally someone to staff it, or maybe - well I could on and on - I will save that for another day.
OK
Number of North Kona Residential Sales = 2006 (36) 2007 (32) - <11.11%>
Sales Volume North Kona Residential Sales = 2006 $28,368,823. 2007 $22,059,606. - <22.24%>
Median Sales Price North Kona Residential Sales = 2006 $650,000 2007 $598,500 - <7.92%>
Now that may look like a lot, but lets put a little more perspective on it, that same Median Home cost you
2004 = $495,000
2003 = $410,000
2002 = $330,000
2001 = $270,000
2000 = $286,621
Just think, if I would have had my crystal ball working back then - I would of bought a dozen. I tell you what, thats the last time I use those cheap batteries !
With that I will leave you with one of my favorite beaches .
Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
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