6 West Hawaii Real Estate | August 31, 2016 MLS Statistics North Kona sales and inventory trends MLS Sales up since May, prices rise as affordable inventory dries up House sales in Kona were low at the beginning of 180 the year but have picked up dramatically since May. The inventory also started dropping off its recent highs in April as the houses started going into 160 escrow, so the market isn’t adding inventory at the same rate at which homes are selling. The inventory 140 has edged up slightly in July, signaling that sales may be slowing down some. “We are in the middle of summer with family 120 vacations, reunions, weddings, etc. so that is probably 100 80 60 40 20 Staging Works! Kona House Inventory Listed Under $1 Million As a ASPM Accredited Staging Professional Master, I will help you prepare your property for sale so that it stands out against the competition. Staging is no longer an option for sellers, it’s a must! Staged homes statistically sell faster and for more money. Working with an Accredited Staging Professional Master™ will give you the Market Advantage! My services are free on my own listings, but I am happy to give complimentary estimates for all others. Staging is a Federally Registered Trademark of StagedHomes.com™ All rights reserved. Accredited Staging® Professional™ is a Trademark of StagedHomes.com™ All rights reserved staged. Sharly Ward Elite Pacifi c Properties RB12705 RB, ABR, ASP, ASPM, CRS, GRI Accredited Staging Professional Master ASPM 2009 Hall Of Fame, Life Time Achievement Award 2011 Property Manager of the Year 2012 Best Real Estate Agent - West Hawaii Today 2015 Best Real Estate Agent - West Hawaii Today sharlyward@gmail.com www.staginghawaii.com Cell: 938-9533 having some influence on how many buyers are actively looking,” said Gretchen Osgood, broker and owner of Hawaiian Isle Real Estate. The average sales price of homes listed under $1 million is in the mid $500,000s but has been steadily rising as buyers are having a difficult time finding homes for less than that amount that they want to buy. Currently there are only 19 houses available in Kona under $500,000. “This too could mean sales will drop off some if the inventory isn’t in the range that they need,” said Osgood. “But it is sure nice to see house sales bouncing back to previous highs.” Kona House Inventory Listed Under $1 Million 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May June Jul 2014 2015 2016 Inventory
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