Kailua Kona, Hawaii Real Estate Market Report - Highest Level Since 06

By
Real Estate Agent with Kona Home Team (luva llc) RS 62947
https://activerain.com/droplet/4ZQk

Friday February 25, 2017, For BuyersFor SellersHousing Market UpdatesInfographics 

Kailua Kona, Hawaii:  Median Price Is At Its Highest Level, YTD, On Existing Home Sales Since 2006!  

Mainland Sales Also Reach Their Highest Mark Since 2007 [INFOGRAPHIC]

Aloha, Lance Owens (RS) and Kimi Nagatoshi (RS) with LUVA Real Estate bringing you the latest in Hawaii Real Estate, from market conditions to sales reports and some of our best picks for Single Family Homes on the Big Island of Hawaii, West Hawaii area. 

Let’s take a look back on some previous years, actually let’s look at our best year - 2006, this was Kailua Kona's  highest point with median home prices at $635,000.  

Looking at today's numbers I was quite surprised to see them at $629,000, just $6,000 away from being at an all-time high. That typically means Condos will be soon to follow. Give us a call and set up a time to go over what these numbers mean to you. 

Look below for mainland numbers and infographic:  

 

Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC] | Simplifying The Market

 

HIGHLIGHTS:

  • Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million.
  • January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900.
  • NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home." 
  •  
Posted by

 

 

Follow KonaHomeTeam on Facebook Follow us Twitter Follow us on LinkedIn

 

Click on any of these (above) to follow me on your favorite Social Media site:  

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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Hawaii Hawaii County Kailua-Kona
Tags:
for buyers
for sellers
hawaii
real estate market reports
housing market updates
friday february 24th
2017 kona

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,708,251
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Best of luck!

Feb 25, 2017 09:53 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
392,924

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

Getting transactions done, when nobody else can!
Ask me a question about Kona Real Estate
*
*
*
*
Spam prevention

Additional Information