August 2024 Market Update

Sep 20, 2024

The real estate market on the Big Island remains relatively unchanged as summer comes to a close. Total sales and median prices stay within a narrow range for single-family homes. Condos continue to slow, with declining prices.

On the Hamakua Coast, total sales are down by 50%, with only three sold. And land sales reflect a 71% decrease with only one parcel sold.

This busy Realtor® sees plenty of buyers, yet few new listings to choose from, with two of my listings withdrawn due to lack of buyers paying full price! Is it still a good time to list? It is always a good time to list! Projection indicates interest rates will still go down in 2024, and there are plenty of cash buyers!

Hawaii Island Market Report Aug 2024

Please give me a call to chat about your options…

What Clients Are Saying

“I googled this morning if any animal is pregnant for 14 months and there is one the giraffe. Many similarities to our selling period. Ups, downs and a long drop at the end, and it was all worth it. So like the baby giraffe it was all worth it in the end. Wobbly legs,& tired we set out for the mothership on August 8th.

Thanks Jen for your encouragement, knowledge and flexibility.”

Read Testimonials

RECENT POSTS