West Hawaii Real Estate | August 31, 2018 9
Resort home sales in Hawaii increased last year
The number of resort homes
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sold last year increased,
reaching the highest level of
sales in a decade, according
to a Hawaii housing report.
More than 1,500 residential
properties at resorts in Hawaii were
purchased last year, rising by 16
percent from the more than 1,300
sold the previous year, the Honolulu
Star-Advertiser reported Monday. The
number of sales last year is the highest
since the more than 1,700 resort
homes sold in 2007.
“The market is accelerating,”
housing market researcher Ricky Cassiday
said in the report.
Prices have been flat on average
for the last three years, but that could
change next year in part due to the
strong economies in areas that supply
many of the resort homebuyers, Cassiday
said.
“Next year is probably the year
that pricing builds atop the current
trend,” Cassiday said.
The average price of condominiums,
single-family homes and residential
lots last year was $1.3 million,
unchanged from the two previous
years, according to the report. The record
was nearly $1.6 million in 2008.
On average, a single-family home
sold for $2.4 million. Condos sold for
$1 million on average, and lots were
priced at about $936,000.
The number of single-family
homes sold increased by 9 percent to
351. Condo sales were up 18 percent,
rising to 1,055 last year. The number
of lots sold increased by 30 percent
to 150, according to the report.
Kauai had the largest portion of
sales at 485, followed by the Big
Island with 467, Maui with 445 and
Oahu with 149.
Photo by Bob Linsdell
Kona
Home &
Land
Realty LLC
Meet John R. Clay
Realtor Salesman (RS#72983)
John knows the Big Island inside-out, having
spent 13 years with AmeriGas Propane
Company, the past 6 years as its Hawaii Island
District Manager.
John was born and raised in Crestview, Fl, and
is a diehard Florida State Seminoles fan. He
Meet John R. Clay
Realtor Salesman (RS#19148)
John knows the Big Island inside-out,
having spent 13 years with AmeriGas
Propane Company, the past 6 years
as its Hawaii Island District Manager.
John was born and raised in Crestview, FL,
and is a diehard Florida State Seminoles
fan. He now lives in Waimea (Kamuela) with
now lives in Waimea (Kamuela) with his wife, Karyn, who is owner/
operator of Ho‘oNani Adult Care Services, and their daughter, Charly,
a 3rd grader at HPA.
John looks forward to sharing his love of Hawaii and the benefits of
island home ownership with friends, colleagues and folks who need
a helping hand. He delivers attentive, quality service, whether you’re
planning to move in, move up or move out.
Give John a call at 808.895-6960 or email: JohnRClay@aol.com
KONA HOME & LAND REALTY LLC
RB#19148
his wife, Karyn, who is owner/operator of Ho’oNani Adult Care
Services, and their daughter, Charly, a 3rd grader at HPA.
John looks forward to sharing his love of Hawaii and the benefits
of island home ownership with friends, colleagues and folks
who need a helping hand. He delivers attentive, quality service,
whether you’re planning to move in, move up or move out.
Give John a call at 808.895-6960 or email: JohnRClay@aol.com
KONA HOME & LAND REALTY LLC PO * PO Box Box 274
274 * Captain Cook, HI 96704
RB#19148 808-808-323-323-3300
3300 KonaHomeAndLand.com
Captain Cook, HI 96704
KonaHomeAndLand.com
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