Kailua-Kona, HI Real Estate News

By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
  Her are the latest stats for Kailua Kona Real Estate Market as of Sept 6 2008. To have the entire list emailed to  you - just go to my website and send me a note    www.KonaHomeTeam.com Aloha Lance Owens MLS Sales Statistics Number of Sales     371 211 <160> <43.13%>   3034 1952 <1082> <35.66%>     MONTH OF # %   YEAR # % Big   August Increase / Increase /   TO DATE Increase / Increase / Island   2007 2008   2007 2008 ENTIRE Residential 156 84 <72> <46.15%>   1211 806 <405> <33.44%> Vacant Land 156 95 <61> <39.10%>   1418 843 <575> <40.55%> Commercial 1 1 0 0.00%   17 20 3 17.65% Condominium 57 30 <27> <47.37%>   376 273 <103> <27.39%> Business 1 1 0 0.00%   12 10 <2> <16.67%> PUNA Residential 49 34 <15> <30.61%>   391 282 <109> <27.88%> Vac...
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By Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can!
(Kona Home Team (luva llc))
July 3 2007Here is the latest MLS statistics for North Kona - Median Sales PriceFor a full list - just visit my website and send me an email    www.KonaHomeTeam.com AlohaLance OwensMLS Sales StatisticsMedian Sales Price  1,466,503983,500<483,003><32.94%> 1,692,4002,033,500341,10020.15%  MONTH OF#% YEAR#%Big JuneIncrease /Increase / TO DATEIncrease /Increase /Island 20062007 20062007Residential680,000558,230<121,770><17.91%> 650,000602,520<47,480><7.30%>Vacant Land480,0001,092,000612,000127.50% 539,500430,000<109,500><20.30%>Commercial900,0000<900,000><100.00%> 953,0541,915,000961,946100.93%Condominium349,000396,50047,50013.61% 425,000387,000<38,000><8.94%>Business000  190,000239,00049,00025.79% www.KonaLance.com 
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The North Kona Distict of Hawaii Average Residential Sold Price for 2006 was about $803,386.00                     As of April 30, 2007 the North Kona Distict of Hawaii Average Residential Sold Price was about: $837,148.00 John Petrella, REALTOR®ABR®, GRI, Principal BrokerDirect: 808.640.3953Fax: 808.443.0500Local Hawaii Real Estate159 Keawe St., Suite 1Hilo, HI 96720Your Referrals are most Welcome!REALTOR® is a federally registered collective membership mark which identifies a real estate professional who is Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics.
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According to our MLS we had 453 Residential Solds for the North Kona District of the Big Island of Hawaii in 2006.  This means the market was absorbing about 38 Residential units a month (10 more a month than the South Hilo District) in 2006.  Our MLS stats as of today are:Total Residential Units Available:  360Number priced under $600,000:  100Number of 2007 Residential Solds at the end of Arpil 2007:  160The May 2007 data is not complete yet.  If the trend continues, the market is absorbing 40 homes a month in the South Kona District for 2007.  The market seems to be absorbing 2 more residential units a month in 2007 then in 2007.  In my opinion, it continutes to be a great time for buyers who wish to move to Hawaii and enjoy its unique culture and weather they will have much inventor...
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