Momentum is building on the Big Island, with single-family home sales reaching their highest level in a year. Median prices held steady at $1.08 million in West Hawaii and reached a new high of $465,000 in East Hawaii in June. With days on market dropping from 49 to just 28, buyers are starting to get active again, especially at the lower price points. As that inventory gets absorbed, it is likely to shift attention toward higher-priced properties. Condos, on the other hand, continue to be a mixed bag, with sales slightly lower and wide fluctuations in median sales prices. As we move into the second half of the year, now is a great time to make a plan and take action, whether you are a buyer or a seller. For those looking to stay put, Hawaii’s real estate market has a long history of appreciation.

Brief Overview:
Island of Hawaii Unit Sales Stats for June 2025 VS. June 2024 

TOTAL SALES
Single Family Homes – Total sales of 184 single family homes marks an increase of 15% in comparison to June 2024.
Condos – 43 total sold – up 30% from 2024 sales.
Land – 136 total sales of land offerings representing a decrease of 2% when compared against 2024 sales for June.

NEW LISTINGS
Single Family Homes – 206 new listings for June 2025. Up 20% from previous year.
Condominiums – 51 new condo listings for June 2024. Down 25% from June 2024.

Single Family Homes Specific Stats:
Median Sales Price:
$607,000 in June 2025. A decrease of 3% over median prices from June 2024.
Days on Market:
28 days on market for June 2025 – an increase of 8% from June 2024.

Condominium Specific Stats:
Median Sales Price:
$575k in June 2024. Median prices up by 4% from June 2024.
Days on Market:
56 median days on market in June 2025.  Up by 42% from previous year.

Vacant Land Specific Stats:
Median Sales Price:
$53,000 representing a 33% increase in median price over June 2024.
Days on Market:
43 Days on Market for land sold in June 2025.  An increase for days on market of 15%.

Written by Rick Oliver on July 10, 2025
Posted in: Blog, Real Estate |