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West Hawaii Real Estate | February 2, 2018 7 MLS Statistics The data and charts are excerpts from the “Griggs Report”. The report is a semimonthly real estate market perspective compiled by Michael B. Griggs, PB, GRI. The data source is the Hawai Information Service. If you would like to be added to the e-mailing 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 1/15/06 282 641 $624,900 36 1/15/07 391 468 $635,000 24 1/15/08 434 400 $606,300 24 1/15/09 440 238 $529,500 10 1/15/10 396 277 $420,000 24 1/15/11 285 358 $399,000 25 1/15/12 259 403 $366,500 26 1/15/13 205 419 $393,000 26 1/15/14 198 467 $440,000 29 1/15/15 203 417 $545,000 40 1/15/16 251 437 $550,000 33 1/15/17 255 451 $580,000 37 1/15/18 186 506 $616,600 25 Percentage Change since 2017 -27% 12% 6% -32% N orth Kona Condos Priced to $1.5M # For Sale Sold Last 12 Mos. Median Sale $ Sold Last 30 Days 1/15/06 242 666 $395,000 44 1/15/07 382 398 $400,000 29 1/15/08 400 255 $360,000 12 1/15/09 355 182 $330,000 10 1/15/10 308 164 $242,500 21 1/15/11 231 289 $199,000 23 1/15/12 180 312 $163,500 33 1/15/13 150 312 $183,100 23 1/15/14 144 355 $225,000 30 1/15/15 145 355 $252,100 30 1/15/16 211 356 $258,000 39 1/15/17 197 361 $279,000 29 1/15/18 124 451 $289,900 34 Percentage Change since 2017 -37% 25% 4% 17% N. Kona Residential Price Range Table 2016 Sold 2017 Sold Gain/Loss TO $400,000 49 30 -19 $401,000 to $500,000 80 76 -4 $501,000 to $700,000 156 205 49 $701,000 to $900,000 83 93 10 $901,000 to $1.5M 69 75 6 $1.5M to $4.0M 18 29 11 Over $4.0M 31 28 -3 TOTAL KONA HOME SALES (12 MONTHS) 486 536 50 HAWAII ISLAND HOME SALES PRICES 2016 2017 HAWAII ISLAND TOTAL $526,900 $560,000 EAST HAWAII (3-1 TO 3-4) $272,200 $300,000 WEST HAWAII (3-5 TO 3-9) $863,700 $870,300 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 Office is Independently Owned and Operated keauhou estates Great ready to build lot with beautiful mountain, coastline, ocean, horizon and sunset views. Conveniently located close to Keauhou Shopping Center and Keauhou Bay for all of your water sports. $369,000 MLs#610055 historic voLcano estate Classic home located in the heart of Volcano Village on 13.6 acres with gated entry, a separate guest house, stable, studio-like structure and lush grounds leading to riding trails. Perfect for that special person who appreciates a historic plantation-style home. $1,999,000 MLs#612371 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 hiLLside haLe Private wooded acre with a gated entrance. This home features 3 bedrooms, 2 baths and a gourmet kitchen with granite countertops. Great location near shopping and close to main road but tucked away for quiet and privacy. $249,000 MLs#612278 rainbow 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 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. $484,500 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. $320,000 MLs#608992 south kona coFFee FarM Soko Coffee and Tea Farm located in South Kona on 1.7 acres, at approx. 1800 ft. elevation for cool living. The main coffee shack is 3 bedrooms, 1 bath plus a master bath with a jetted tub. House can be sold furnished. ORGANIC farm has fruits and plants such as pineapple, banana, papaya, avocado, oranges, mac nut, coffee and tea and more. 2 separate rental units on the property for additional income. $388,888 MLs#611980 oceanFront condo Top floor oceanfront turnkey furnished 2 bedroom, 2 bath unit in Kona Bali Kai. Great surf spot right out front so you can privately sit on your lanai and watch the wave and surf action, dolphins, whales and year round sunsets! Covered parking, pool, BBQ’s and picnic tables are available so you can enjoy outdoor living by the water. $499,000 MLs#614398 Lani kai estates Own a piece of paradise on nearly 1 acre, nestled on the slopes of Hualalai just two miles south of historic downtown Kailua- Kona. This newly remodeled 3 bedroom, 3 bath home consists of approximately 2,217 sqft. of living area. Approximately 200 coffee trees surround the property on all sides enhancing the serenity and privacy. This home was completely remodeled in 2014. $1,100,000 MLs#612381 Price reduced New ListiNg HAWAII BUSINESS TOP 100 REALTOR 2015/17


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