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West Hawaii Real Estate | October 13, 2017 7 MLS Statistics The data and charts are excerpts from the “Griggs Report”. The report is a bi-weekly real estate market perspective compiled by Michael B. Griggs, RB, GRI, Clark Realty Corporation. The data source is the MLS/ Hawaiiinformation.com. If you would like to be added to the emailing list for the full report please email: 2mikegriggs@gmail. North Kona Homes Priced to $4.0M # For Sale Sold Last 12 Mos. Median Sale $ Sold Last 30 Days 9/30/07 396 411 $604,000 38 9/30/08 396 267 $555,000 15 9/30/09 390 233 $434,000 19 9/30/10 292 360 $401,000 26 9/30/11 262 385 $369,000 23 9/30/12 212 399 $385,000 24 9/30/13 147 483 $433,000 42 9/30/14 177 424 $496,000 36 9/30/15 192 427 $551,900 36 9/15/16 216 442 $572,300 40 9/30/17 174 502 $620,000 41 Percentage Change since 2016 -19% 14% 8% 3% N orth Kona Condos Priced to $1.5M # For Sale Sold Last 12 Mos. Median Sale $ Sold Last 30 Days 9/30/07 382 294 $365,000 31 9/30/08 354 201 $350,000 8 9/30/09 332 150 $257,500 13 9/30/10 247 270 $210,000 18 9/30/11 185 300 $168,500 18 9/30/12 138 320 $176,500 24 9/30/13 111 327 $219,000 20 9/30/14 140 370 $240,000 27 9/30/15 166 354 $246,000 20 9/15/16 154 352 $270,000 31 9/30/17 129 430 $290,000 29 Percentage Change since 2016 -16% 22% 7% -6% N. Kona Residential Price Range Table 2016 2017 Gain/Loss TO $400,000 61 33 -28 $401,000 to $500,000 75 78 3 $501,000 to $700,000 153 194 41 $701,000 to $900,000 70 96 26 $901,000 to $1.5M 63 72 9 $1.5M to $4.0M 23 29 6 Over $4.0M 24 26 2 TOTAL KONA HOME SALES (12 MONTHS) 469 528 59 HAWAII ISLAND HOME SALES PRICES 2016 2017 HAWAII ISLAND TOTAL $527,800 $538,200 EAST HAWAII (3-1 TO 3-4) $273,400 $293,900 WEST HAWAII (3-5 TO 3-9) $844,000 $844,400 Cindy Griffey, R(S) (808) 937-3370 Cell cindy@macarthurhawaii.com 78-6831 Alii Dr. #163 Kailua Kona, HI 96740 “IT’S A GREAT TIME TO SELL!” Each Offi ce is Independently Owned and Operated SUNSET RIDGE AT WAIKOLOA Immaculately kept home on a nice low maintenance yard. This house has 3 bedrooms, 2 baths, a nice covered lanai, and garden, mountain and sunset views. Head to the beach in 15 minutes and come home to cool easy Hawaii living! $579,000 MLS#606893 BAYVIEW ESTATES A beautiful residence with gorgeous ocean views. This single level house features 3 bedrooms, 2 .5 baths, 2,000 sqft open living area and a net metered solar voltaic system for low electric bills. Enjoy the hot summer days in the pool and cool nights in the hot tub. $1,099,000 MLS#609819 CAPTAIN COOK Build your dream house on this 12 acre plus piece of paradise. Forested for privacy with great ocean and coastline views from the lower part of the property. Horizon and sunset views from all parts of the lot. $240,000 MLS#605655 IOLANI LOT Wonderful 1/2 acre lot in Iolani. Cleared, bulldozed and ready to build. Retaining rock wall on front and back of lot. Amazing opportunity to build your dream home at an ideal elevation, just above Kailua with sweeping ocean views. Quiet neighborhood but easy accessibility to shopping and all of Kona. $299,000 MLS#610058 RAINBOW B&B Old Hawaii style residence and profitable, established and very successful B&B business. This licensed B&B is well known with a great occupancy rate and income in business for almost 20 years. Run it as a B&B or use it for 2 or more large families, the opportunities are endless! Cash sale preferred. $1,295,000 MLS#611108 KONA PARADISE Great beach house just 2 blocks up from beautiful Pebble beach. This house has an open airy floor plan with 3 bedrooms and 2 baths with an extra bonus room downstairs. With 2 large lanai’s front and back take in the beautiful ocean and horizon views. $479,000 MLS#609764 HONOMALINO FARM Fully fenced and gated 6.73 acres with Hwy. 11 frontage and a number of great house sites. Professionally planted and maintained mature orchard with a 13,000 gallon water tank installed for irrigation and a yurt on the property. Close to Milolii and Honomalino Beach for your ocean activities. $340,000 MLS#608992 MOUNTAIN VIEW Almost like new, this barely lived in 2 bedroom 1 bath home is on 6 private acres. The 3, 2 acre lots must be sold together to maintain the privacy. House is being sold turnkey furnished along with a 1995 Toyota Tacoma king cab with a camper top for all your Big Island adventures. $325,000 MLS#609820 KONA BEACH WEAR Located at the Kona Market Place in the heart of Kona Village. Established business includes inventory, POS systems, computer, printer. Everything to walk in and start your profit from day one. What a great opportunity. $94,500 MLS#610345 HOKULIA PHASE 1 Don’t miss the opportunity to be on Hokulia’s private Jack Nicholson Golf Course. Build your dream home on this lot that features 1.3 acres in Phase 1 of development. Panoramic white water and coastline views. This is a bank REO, priced to sell! $359,900 MLS#296748 IN ESCROW


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