6 West Hawaii Real Estate | November 24, 2017 MLS Statistics 50 45 40 35 30 25 20 15 10 5 0 Kona Houses Listed Under $1 Million - Sales Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2015 2016 2017 Sold October sales strong, November could be stronger House sales in North Kona were stronger in October than they have been in years! Sales for houses listed under a million had 44 closings. Now that still leaves an inventory of 105 houses available but that is pretty skimpy considering we are selling 44 a month… that is less than a threemonth supply. There were also 72 pending house sales, so November should be strong as well. Condo sales in North Kona also did well with 39 closings. The inventory in condos is a little better with 129 at the end of October that were still waiting for the right buyer. Pending sales show 63 waiting to record so again November should also be a good month for sellers in this category. Look for this trend to continue through high season (December through March) and possibly beyond since we are getting a huge increase in tourists this year so we most likely will have some strong interest from these new guests. Kona Houses Listed Under $1 Million – Sales Vacant Land Loans cŅŞŅĜĹƋŸƵĜƋĘƚŞƋŅƀĂŢĀűĹÏĜĹčúÃà $QQXDO3HUFHQWDJH5DWH:LOOORDQXSWRRIWKHDSSUDLVHGYDOXHRUVDOHVSULFHZKLFKHYHULVOHVV7KUHHDQG¿YH\HDUWHUPVDYDLODEOH $¿QDOEDOORRQSD\PHQWLVGXHDWWKHHQGRIWKHWHUP0RQWKO\SD\PHQWLVFDOFXODWHGXVLQJD\HDUDPRUWLDWLRQ$OOORDQVDUHVXEMHFWWR FUHGLWDSSURYDO5DWHVDQGWHUPVZLOOEHGHWHUPLQHGEDVHGRQLQGLYLGXDOFUHGLWZRUWKLQHVV0DLPXPORDQDPRXQWIRUSURSHUWLHVORFDWHGLQ /DYD+DDUG=RQHVDQGXSWR0XVWEH\HDUVRIDJHWRTXDOLI\IRUDORDQ0XVWEHDPHPEHUWRSDUWLFLSDWH 5HY )HGHUDOO\LQVXUHGE\1&8$ 930-7700 hicommfcu.com 5.25% e{à With rates as low as:
REM112417
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