Market Update – October 2025

The Big Island market held steady in October, maintaining a similar pace to October while showing balanced year-over-year performance across much of the island. Buyers remained engaged for well-priced listings, and sellers aligned with current market conditions continued to see movement. Regional trends were mixed: North Kona cooled from October’s elevated activity and returned to a more typical fall sales pace, while Hilo remained steady, supported by value-driven demand and consistent buyer interest. Looking ahead, the Federal Reserve’s October rate cuts are beginning to filter into the market, which may support buyer confidence and help sustain activity into year-end, particularly for properties priced for today’s conditions.

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

TOTAL SALES
Single Family Homes – Total sales of 184 single family homes marks an increase of 7% in comparison to October 2024.
Condos – 39 total sold – down 7% from 2024 sales.
Land – 107 total sales of land offerings representing a decrease of 39% when compared against 2024 sales for October.

NEW LISTINGS
Single Family Homes – 194 new listings for October 2025. Down 11% from previous year.
Condominiums – 57 new condo listings for October 2024. Down 7% from October 2024.

Single Family Homes Specific Stats:
Median Sales Price:
$499,000 in October 2025. A decrease of 9% over median prices from October 2024.
Days on Market:
62 days on market for October 2025 – an increase of 19% from October 2024.

Condominium Specific Stats:
Median Sales Price:
$615,000 in October 2024. Median prices up by 1% from October 2024.
Days on Market:
77 median days on market in October 2025. Increase of 6% compared to previous year.

Vacant Land Specific Stats:
Median Sales Price:
$54,000 representing a 8% increase in median price over October 2024.
Days on Market:
40 Days on Market for land sold in October 2025.  A decrease for days on market of 33%.