2020/2021 1st Quarter Market Comparisons

by | Apr 16, 2021

It is still a seller’s market in most of the nine districts of the Big Island. Some areas are experiencing triple, even in one case quadruple-digit increases in Sales Volume, Median Sales, and/or Number of Sales! Is it a good time to list your home, land or condo? You betcha!!! Properties are selling very close to, at, even thousands above list price. Is it a good time to buy a home, land or condo. Absolutely! There is no time like the present, especially as property values continue to increase. Cash is king, but there are still ways to be sure your offer not only gets noticed, but accepted! Ask me how…

Here are the Big Island stats:

Sales Volume Median Sales Price Number of Sales
ISLAND-WIDE
Residential 80.93% 7.43% 24.92%
Land 164.25% 26.67% 79.30%
Condo 121.95% 27.01% 63.54%
PUNA
Residential 66.24% 17.45% 39.53%
Land 101.72% 47.37% 64.16%
Condo N/A N/A N/A
SOUTH HILO
Residential -7.9% -4.82% .00%
Land 66.93% 18.52% 30.00%
Condo 69.96% -49.64% 18.75%
NORTH HILO
Residential 182.54% 175.69% 25.00%
Land 509.70% -53.76% 1100.00%
Condo N/A N/A N/A
HAMAKUA
Residential -23.94% -15.15% -30.43%
Land 154.73% -33.33% 120.00%
Condo N/A N/A N/A
NORTH KOHALA
Residential 157.55% 7.89% 106.25%
Land 288.33% 74.50% 154.55%
Condo N/A N/A N/A
SOUTH KOHALA
Residential 26.13% 27.14% -17.56%
Land 47.88% -19.30% 2.70%
Condo 88.33% 13.60% 48.72%
NORTH KONA
Residential 158.39% 19.08% 44.12%
Land 500.06% 43.97% 107.41%
Condo 162.45% 23.93% 77.55%
SOUTH KONA
Residential 42.53% 26.66% 53.85%
Land 202.93% -17.50% 186.67%
Condo N/A N/A N/A
KAU
Residential 12.59% 10.29% 6.82%
Land 180.93% 14.04% 127.12%
Condo N/A N/A N/A
Jen McGeehan

JEN MCGEEHAN, RS-80881
Phone: 808.747.2365
[email protected]

I am an adventurer by heart, never letting too much dust settle under my feet. But, I am also a nester, a woman who loves her home, garden, animals, family, and whatever career I happen to be in. In my latest adventure, I’ve successfully merged over 46 years of varied work and life experience into a real estate career that focuses on the goals and dreams of my clients. Are you interested in moving to the Big Island of Hawaiʻi? I’d love to talk with you about your dream goal, and help you achieve it!

Integrity is the cornerstone of my business! 

Coldwell Banker | Island Properties

RB-16822