In May 2021, the Big Island continued to experience major movement in total sales and median sales prices when compared to last year’s market, with the single-family home price up 35% to $499,500 and the condo price up 38% to $439,000. Homes this month sold on average 41 days faster compared to May 2020, and vacant land inventory increased by 29% with 61 new listings available on the market compared to the month before.

A video presentation of the May 2021 monthly stats is now available on YouTube. The video highlights total sales, median sales price, news listings, and days on market for single-family homes and condos island-wide for May 2021 compared to 2020.

Written by Rick Oliver on June 14, 2021
Posted in: Blog, Newsletter, Real Estate |