Big Island Market Stats

Big Island Sales Stats https://www.westhawaiirealtors.com/

The market report for West Hawaii compares July 2024 with July 2023. Notable changes include:

  • North Kona: Median home prices increased by 60%, but sales decreased by 16.67%.
  • South Kohala: Home prices increased by 18.20%, and sales rose by 21.43%.
  • Ka’u: Home prices dropped by 27.25%, with a 25% decrease in sales.

The report for condos comparing July 2024 to July 2023 shows:

  • North Kona: Median condo prices increased by 14.10%, but sales decreased by 37.78%.
  • South Kohala: Condo prices dropped by 1.61%, with a sales decrease of 53.85%. This can be partially attributed to the condo master insurance policy increases happening nationwide.

For the year-to-date 2024, there were significant price fluctuations and varying sales volumes across regions. For detailed statistics, visit the West Hawaii Realtors website.