Market Update October 2021

It’s never been a better time to SELL your property along the Kohala Coast-Call me to LIST AND SELL!!!!

When comparing the first 10 months of 2020 and 2021 one has to consider that 2020 was a lockdown year and 2021 has seen explosive market conditions. A Better comparison is probably to the 2019 real estate market but for simplicity sake, here are some “fun facts” comparing October of 2020 vs. 2021 for the South Kohala District. Watch the full video for more interesting stats and review the complete report for other districts.

District of South Kohala including the Waikoloa Beach Resort, Mauna Lani Resort and Mauna Kea Resort

Unit Volume Sales of Single Family Homes has declined -41% to 20 total units and the median price is +17% to $799k
Unit Volume of Condominiums has declined -9% to 29 total units and the median price is +71% to $1.2m. This is probably due to the mix of units sold/closed in October but it does show the rapid price of resort condominiums.
-Unit Volume of Land/Lots is up +22% to 11 total sales and the median price is up +142% to $725k. This is probably due to the mix of units sold/closed parcels in October but it does show the rapid price appreciation trend of land offerings.

It’s never been a better time to SELL your property along the Kohala Coast-Call me to LIST AND SELL!!!!

Download Market Update PDF