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22 Years of Watching the Kona Real Estate Market Evolve

By
Real Estate Agent with Kona Home Team (LUVA llc) RB-24133

I just realized something this week.

I published my first North Kona market report in July of 2007.

That was before the financial crisis, before YouTube became mainstream, and long before most people were tracking housing data the way they do today.

Since then, I’ve reported through the crash, the 2011 tsunami that impacted Kona’s coastline, the 2018 lava flow that destroyed over 700 homes on the Big Island, the pandemic surge, and now the current market shift.

Some things change. Some things don’t.

What has never changed is the importance of understanding the numbers and helping people make informed decisions.

My latest market report is now available on YouTube, and I plan to continue sharing these updates as the market evolves.

 

If you are really bored - here was my very first market report in 2007 
https://activerain.com/blogsview/138288/kailua-kona--hawaii-real-estate-blog--mls-sales-statistics---median-sales-price 

 

Posted by

Lance Owens RB-24133

Direct | 808.936.8383 | REALTOR® | BROKER-IN-CHARGE (BIC)  
Residential homes, Condos, Land, Agricultural/Equestrian/Large Acreage
LUVA Real Estate (RB) 21030 | 75-240 Nani Kailua Drive, Ste 7, Kailua-Kona, HI 96740 | Office | 808.769.5111 

 National Association of REALTORS® (NAR) 
   2023-2026 NAR Director | 2024-2026 NAR RPAC Participation Council | 2023-2026 NAR Region 13 Leadership Team
   2025-2026 REALTOR Relief Foundation (RRF) Ambassador       
Hawaii State Association of REALTORS® (HAR) 
     2025 President | 2023-2024 State RPAC Chair
     2023 HARLA Graduate  
NAR Designations: AWHD (At Home With Diversity) | PSA (Pricing Strategy Advisor  
West Hawaii Association of REALTORS® (WHAR)
    2024 Hall of Fame: Lifetime Achievement Award
    2023 REALTOR® of the Year
    2018/2022 President

 

Comments(3)

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John Pusa
Glendale, CA

Hello Lance Owens very valuable detailed 22 years real estate market report for Kona, HI.

Feb 16, 2026 02:28 PM
Lance Owens

John Pusa Mahalo, its amazing how time flies - I will have 20 years in another year from now 

Feb 16, 2026 06:36 PM
Kat Palmiotti
Kalispell, MT
Retired from real estate; active in life!

Congratulations on 22 years reporting on Kona real estate - I bet that went very fast, as time does.

My parents moved to Hilo HI in the 1980s and stayed for less than a decade (I don't remember the actual details now). Of course I visited many times and saw quite a bit of the island but never made it to Kona. Such a beautiful part of the world!

Feb 17, 2026 05:16 AM
Lance Owens
Kona Home Team (LUVA llc) - Kailua-Kona, HI
Broker-in-Charge | LUVA Real Estate

Mahalo Kat Palmiotti 
That must have been cool coming over to visit them, Hilo is beautiful, i love visiting Volcano as well 
Aloha and Mahalo 

Feb 17, 2026 10:04 AM