6 West Hawaii Real Estate | February 15, 2017 MLS Statistics A history of home and condo sales ROYAL SEA CLIFF CLUB OCEAN VIEWS Desirable ocean view end unit. Larger single level fl oor plan. Updated kitchen. Master bedroom & living area open to separate lanais. Concrete complex with waterfalls, streams, & elevators throughout property covered secured parking. Great place to live or vacation. MLS# 601367 $264,000 83 acres of great mixed-use project property. Ocean Views, Zoned MG- 3A, commercial- Industrial. This is absolutely North Kona’s BEST Commercial Opportunity! 2/2 condo golf course Views and 2 lanais. 3 pools, spa, tennis courts, guard gated, walking trails. Walk to Keeuhou Bay, beaches, shopping and entertainment. Newly remodeled 3/3 on nearly 1 acre. Surrounded by Approx. 200 coffee trees. Huge open kitchen. Granite & Sapele Mahogany throughout. Heated Pool & Approx. 940 sf Covered Lanai w/TV & 3 outdoor seating areas. Ocean Views all the way to Town! Up Lako above Kona Vistas – Private Road. 78-6831 ALII DR. STE. 163, KAILUA-KONA HI 96740 Each Offi ce is Independently Owned and Operated. 450 400 350 300 250 200 150 100 50 Island living at its best! Recently updated 4 bedroom 4.5 bath estate has exquisitely appointed architecture with resort quality features. Wellthought out fl oorplan that allows separate living areas or combined quarters to accommodate an entire household. Kona Available Inventory - Houses and Condos Under $1 Million Spectacular ocean views! 3/2 unit. Complex boasts 3 pools spa, tennis courts, gated & walking trails. Walking distance to Keauhou Bay, best beaches, shopping & entertainment. Located nearly on the golf course. Life is good at Kanaloa! John Miller Vice President, R(s) & Pam Miller, Broker John@LiveInKona.com | 808 315-5501 Pam@LiveInKona.com | 808 936-9997 O‘OMA 83 ACRES QUEEN K FRONTAGE MLS# 601887 $12,000,000 SOLD KE ALOHI KAI PINEAPPLE HALE MLS# 299544 $1,690,000 REDUCED KANALOA AT KONA OCEAN FRONT MLS# 601529 $799,000 KANALOA AT KONA GOLF COURSE VIEWS MLS# 27117 $435,900 SOLD LANI KAI ESTATES OCEAN VIEWS MLS# 601773 $1,065,000 REDUCED 0 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 2015 2016 2017 Number of sales steady, but value of those sales has increased These graphs paint a unique look at how the under $1 million market is doing by depicting homes and condos together. Inventory is below last January, but above that of 2014, indicating there is still enough supply to fulfill some of the need in the market since sales have remained relatively stable the last two years, according to these graphs created by Gretchen Osgood, broker and owner of Hawaiian Isle Real Estate. “Yes, there are some over average months, but generally North Kona has somewhere close to 50-60 sales each month,” she said. Pending sales, those that are in escrow, show a sort of a roller coaster trend year-to-year. This is indicative of snowbird buyers who enter the market in the winter, according to Osgood. “Currently we are well above both 2014-15 January levels, which may bode well for our winter selling season,” she said. When buyers think about buying a house or condo, they often consider a purchase that is just about what they can afford. A few years ago, you could buy a small house in the $300,000 range. Today, that isn’t possible, so those buyers are now considering condos. And some condo buyers who could afford something in the $200,000 range are being left out of the market because of little supply in their price range. “So even though the sales have stayed steady, the value of those sales has increased and the type of property sold has changed,” said Osgood. These graphs are presented by Gretchen Osgood, broker and owner of Hawaiian Isle Real Estate. To view more graphs or subscribe to a Kona real estate newsletter, visit HawaiiRealEstateDreams.com. Kona Available Inventory - Houses and Condos Under $1 Million
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