December 2021 continued the positive trend in real estate sales on the Big Island. This paragraph states it best from our Coldwell Banker Market Report.

“In closing out the year, homes are selling at an astonishing rate across the Big Island. Condos sold 38 days faster in December 2021 compared to December 2020, averaging just 18 days on market. Meanwhile, single-family homes sold in 42 days and at a median price of $536,000, a 12% increase compared to the year before. The median sales price for land also continues to rise, with a 52% increase from $31 ,500 in December 2020 to $48,000 in December 2021 .“

See other facts and figures presented by watching the short video presentation or call me to discuss your particular community and it’s probable rising value.

Buyers there are still offerings available but you have to act fast when they become available. Call me to discuss a winning offer strategy!

Written by Rick Oliver on January 14, 2022
Posted in: Blog, Newsletter, Real Estate |