Sales in the Coconut Grove neighborhood of Kailua were brisk in 2012, as were in most other areas of Kailua. There were 44 sales and the average sales price in Coconut Grove Kailua in 2012 was $647,030, making it one of the more affordable areas to purchase a home in Kailua. Average Days on the Market (DOM) was 57 and the percentage of sale to list price was 99% for Coconut Grove. Coconut Grove is popular with both first-time homebuyers and investors.
Coconut Grove homes sold in 2012 ranged from tear-down termite shacks, which were rebuilt by their new owners, to multi-family properties, to cute remodeled homes, like the one pictured to the right and sold by Home Shoppe Hawaii.
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