Great News About Housing Inventory [INFOGRAPHIC]

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

Aloha, Lance Owens (RS) with LUVA Real Estate and our partners at KCM are bringing you the latest in real estate trends - after seeing the national number, scroll down to the bottom as I touch on a few local numbers.

Some Local Highlights

  • In North Kona, we have seen inventory almost double in some cases, but we are still only at about 65% of where we should be in a normal market
  • Although inventory has increased, sales have slowed significantly
  • Slower sales has not hurt the median price, SFH median price so far in July, is up 42% over last July, and up 18% YTD. (remember we still have 9 days left in the month to report sales - this could dramatically change these numbers still)
  • Nationally below:
  • Experts say the number of homes for sale is growing this year, and that can have a big impact on your move.
  • If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams.
  • Let’s connect so you have the latest information on available homes in our area.
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Aloha, and have a great day 

Lance Owens (RS)

(808) 936-8383

LUVA Real Estate 

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

Comments (1)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Kona Home Team (luva llc) Lance Owens (RS) it is good to hear that some parts of the country are starting to see an increase in inventory.  It has not happened here yet, but it will be very welcomed when it does.

Jul 23, 2022 12:55 PM