Hows Your Market? West Hawaii Home Sales UP 41%

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

West Hawaii SFH sales show an increase of 41% over October 2018. Here is a surprise though, Condo sales are off by <11%> . WoW, that surprised me. Hold on, let me go look at 2017 numbers.......

Im back, when comparing to 2017 numbers, we are down 2% , the reason I go back to 2017 is that 2018 had an "event" that brought property sales to screeching standstill, so I typically go back to 2017 for the second half of 2019 . Note though, with our "2108 event" dropping the number of sales, it had little effect on prices, so let's look at median price

Homes: up almost 13% month over month, year to date (YTD) is up 1.29%, when it comes to median price I prefer to use YTD which is $649,000

Condos: Also up almost 13% for month over month, YTD is up just over 6%, so condo prices are holding strong, even with the number of sales being off some.

If you are interest on more in depth reporting on the current market conditions here in West Hawaii, tune in Friday, 4:00 HST for our live facebook report, (pre-register by answering 3 simple questions).

Some may ask, how much home do I get for that median price in Kona ($649k). Here is my featured property, a 3/2 just off of Alii Drive, within 2,000 feet from Magic Sands Beach for $25k less than the median price, and a short walk to the finest beach on Alii Drive

No alt text provided for this image

 

Lance Owens Realtor, Kailua Kona, Hawaii at Magic Sands Beach
Lance Owens Realtor West hawaii market reports and news November 5 2019

 

 

And as always, dont forget to register on our "Homes By Email"

No alt text provided for this image

 

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:
market trends
real estate
west hawaii
realtor lance owens
real estate news november 5 2019

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
694,942
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Great market update it is always good to know the latest for our customer's. Thanks for sharing, I hope you have a great afternoon.

Nov 05, 2019 09:39 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
388,297

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