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! $569,000 MLS#606893 BAYVIEW ESTATES A beaut i ful res idence wi th 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 West Hawaii Real Estate | November 10, 2017 7 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 PROFITABLE B&B Old Hawaii style residence and established Rainbow B&B business. This licensed B&B is well known with a great occupancy rate and it’s been 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 fl oor 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 KONA BEACH WEAR Located at the Kona Market Pl ace in the hear t 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 PRICE REDUCED IN ESCROW HOKULIA PHASE 1 Don’t miss the opportunity to be on Hokul ia’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 KEAUHOU ESTATES Great ready to build lot with beautiful mountain, coastline, horizon, ocean and sunset views. Conveniently located close to Keauhou Shopping Center and Keauhou Bay for all your water sports. $369,000 MLS#610055 MLS Statistics The data and charts are excerpts from the “Griggs Report”. The report is a biweekly 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.com. North Kona Homes Priced to $4.0M # For Sale Sold Last 12 Mos. Median Sale $ Sold Last 30 Days 10/31/06 339 522 $635,000 30 10/31/07 404 409 $610,000 29 10/31/08 397 269 $550,000 15 10/31/09 367 244 $431,000 33 10/31/10 282 359 $399,000 25 10/31/11 259 392 $369,500 28 10/31/12 199 406 $385,000 44 10/31/13 168 468 $431,500 28 10/31/14 188 419 $519,000 26 10/31/15 202 450 $550,000 45 10/31/16 217 434 $575,000 40 10/15/17 161 515 $625,000 51 Percentage Change since 2016 -26% 19% 9% 28% N orth Kona Condos Priced to $1.5M # For Sale Sold Last 12 Mos. Median Sale $ Sold Last 30 Days 10/31/06 362 477 $415,000 33 10/31/07 387 283 $365,000 21 10/31/08 350 191 $350,000 11 10/31/09 323 148 $261,300 15 10/31/10 226 272 $210,000 18 10/31/11 188 300 $167,700 15 10/31/12 143 327 $175,000 26 10/31/13 123 329 $220,000 27 10/31/14 140 367 $245,000 24 10/31/15 169 354 $249,000 24 10/31/16 156 355 $275,000 29 10/15/17 127 438 $288,500 35 Percentage Change since 2016 -19% 23% 5% 21% N. Kona Residential Price Range Table 2016 2017 Gain/Loss TO $400,000 56 32 -24 $401,000 to $500,000 75 73 -2 $501,000 to $700,000 151 206 55 $701,000 to $900,000 70 101 31 $901,000 to $1.5M 66 74 8 $1.5M to $4.0M 22 31 9 Over $4.0M 28 24 -4 TOTAL KONA HOME SALES (12 MONTHS) 468 541 73 HAWAII ISLAND HOME SALES PRICES 2016 2017 HAWAII ISLAND TOTAL $540,900 $543,300 EAST HAWAII (3-1 TO 3-4) $277,700 $297,200 WEST HAWAII (3-5 TO 3-9) $870,400 $842,600
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