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Kohala Coast Real Estate News

Mauna Lani Resort
Mauna Lani is a beautiful resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort covers over 3,200 acres and contains 15 separate neighborhoods. From private oceanfront homes to secluded condos, there is something for every discerning buyer. 
The Mauna Lani Resort also offers its residents two Championship Golf Courses, the Mauna Lani Beach Club, and a Spa and Fitness Center.

Also, within the resort are two luxury hotels, the Mauna Lani Bay Hotel (currently Fairmont Orchidclosed for renovations) and the Fairmont Orchid Hotel. Both hotels offer a wide variety of activities and dining options. The Shops at Mauna Lani also provide plenty of restaurant choices, such as Tommy Bahamas’ and Ruth’s Chris Steak House. This open-air mall also consists of a selection of shops that include a mixture of famous brand names and local craftsmanship, and of course, the world-class, white sand beaches are always close by.

View all homes for sale in the Mauna Lani Resort. Instantly find out what your Mauna Lani Home is worth. Learn more about our Vacation Rental Management Program.

There are a lot more condos than single-family homes located in Mauna Lani Resort, so the least expensive homes are more concentrated in fewer neighborhoods. In the case of 2018, all five of the lowest priced homes are split between the two beautiful communities of Ka Milo and The Villages.

Here are the five least expensive single-family homes sold in the Mauna Lani Resort in 2018:
Villages at mauna Lani

5) 68-1025 North Kaniku Dr, #718 – located in The Villages at Mauna Lani

     Sold 5/29/2018 for $1,550,000 from a list price of $1,690,000

Villages at Mauna Lani

4) 68-1025 North Kaniku Dr, #403 – located in The Villages at Mauna Lani

     Sold 8/3/2018 for $1,500,000 from a list price of $1,599,000

Ka Milo at Mauna Lani

3) 68-1122 North Kaniku Dr, #351 – located in Ka Milo at Mauna Lani

     Sold 6/15/2018 for $1,482,000 from a list price of $1,482,000

Ka Milo at Mauna Lani

2) 68-1122 North Kaniku Dr, #349 – located in Ka Milo at Mauna Lani

     Sold 12/12/2018 for $1,475,000 from a list price of $1,475,000

And the least expensive single-family home to sell in the Mauna Lani Resort in 2018 was:
Ka Milo at Mauna Lani

1) 68-1122 North Kaniku Dr, #205 – located in Ka Milo at Mauna Lani

     Sold 5/8/2018 for $1,385,000 from a list price of $1,465,000

If you are looking to buy or sell a home in the Mauna Lani Resort, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian Real Estate dreams come true. Mahalo.

Posted by Korby Matsen on March 16th, 2019 3:10 PM

Kohala Coast
North Kohala is a beautiful tropical area located at the northern tip of the Big Island of Hawaii. It is home to the two small towns of Hawi and Kapa’au. Hawi is most famous for being the bicycle turnaround point for the annual Ironman World Championship held each October, and its charming downtown area contains many small shops, and restaurants, including the famous Bamboo Restaurant. Hawi is also the 2nd office location of Hawaii Luxury Real Estate.

HawiThe other small town, Kapa'au also contains a downtown area with small shops and cafes and is home to the original King Kamehama I Statue.  A little farther south down the coast is where the gated, upscale communities of Kohala Ranch, Kohala By-the-Sea and Kohala Waterfront are located.

North Kohala contains miles of pastoral, undeveloped land, as well as a variety beautiful homes, from small starter homes to large estates, many with stunning ocean views. The southern end of North Kohala contains the gated communities of Kohala Ranch, containing many luxury homes on large lots and stunning, panoramic ocean views, as well as many large lots where you can build your own Hawaiian dream home.

View all homes for sale in the North Kohala Area. Instantly find out what your Kohala Coast Home is worth. Discover how our Vacation Rental Mgt Program can save you $1000’s.

HawiAt the time of this writing (Mar 1st), there were 60 single-family homes for sale and 11 homes in escrow in North Kohala, with 125 land lots for sale, with 2 in escrow. Since there are no condos located in North Kohala, there are no statistics in that market segment. Of the homes for sale, the highest priced one is listed at $5,800,000, and is located at 55-3287 Hoea Makai Rd in Hawi.

The highest priced land lot on the market is the 498-acre, Honomakau Lot #4, that is listed at $18,500,000. At the other end of the spectrum, the lowest priced home on the Kohala coastmarket is located at 54-3745 Akoni Pule Hwy in Kapa’au, and is listed at the low price of $225,000, while the lowest priced land lot for sale is a 14,898 sq ft lot in Hawi Village and is listed at $143,000.

Sales in North Kohala rose sharply in the 4th Quarter after a fairly slow Q3. In the Q4 time frame of October 1st through December 31st, there were 18 single-family homes sold in North Kohala. The highest priced home to sell is located at 59-473 Palila Pl, in Kohala Ranch. It was listed at $1,890,000 and sold for $1,600,000.

The highest priced land lot to sell went for $970,000 from a list price of $975,000 and is a 1/2-acre parcel in the Kohala Waterfront. The lowest priced home to sell in North Kohala is located at 53-3707 Akoni Pule Hwy in Kapa’au. It sold for $290,000 from a list price of $335,000. While the lowest priced land lot sold for $214,500 from a list price of $300,000. It is a 1-acre parcel in Kohala Estates.

Kohala RanchAnalysis: The sales of single-family and land lots in North Kohala has remained fairly consistent throughout 2018.  However, the increase in inventory of single-family homes over the last two quarters has pushed the market from a Balanced to a Buyers’ Market. The land market still remains firmly in the Buyer’s Market arena, with plenty of inventory to choose from, most of it concentrated in Kohala Ranch.

If you are looking to buy or sell a home in the North Kohala area, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams a reality. Mahalo.

Highlights of the North Kohala 2018 Q4 Market Update

  • Number of homes currently for sale – 60
  • Number of homes currently in escrow - 11
  • Number of land lots currently for sale – 125
  • Number of land lots currently in escrow - 2
  • Highest priced home for sale – $5,800,000 / 55-3287 Hoea Makai Rd, Hawi
  • Highest priced land lot for sale - $18,500,000 /Honomakau Lt #4, 498 acres
  • Lowest priced home for sale – $225,000 / 54-3745 Akoni Pukle Hwy, Kapa’au
  • Lowest priced land lot for sale - $143,000 / Hawi Village 14,898 sq ft
  • Number of homes sold in Q4 (Oct – Dec) – 18
  • Number of land lots sold in Q4 (Oct – Dec) - 9
  • Highest priced home sold in Q4 – $1,600,000 / 59-473 Palila Pl, Kohala Ranch
  • Highest priced land lot sold in Q4 - $970,000 / Kohala Waterfront, 22,306 sq ft
  • Lowest priced home sold in Q4 – $290,000 / 54-3707 Akoni Pule Hwy, Kapa’au
  • Lowest price land lot sold in Q4 - $214,500 / Kohala Estates, 1-acre

If you enjoyed this update, you may like Waikoloa Village Market Update for Q4 2018.

Posted in:General
Posted by Korby Matsen on March 9th, 2019 11:06 AM

Mauna Lani Resort
The Kohala Coast is a beautiful area located on the west coast of the Big Island of Hawaii. The Big Island received its name as to differentiate it between the State of Hawaii and the Island of Hawaii. Kohala is split into two areas, North Kohala and South Kohala, with North Kohala covering the more rural northern end of the island, including the small towns of Hawi and Kapaau, and the Kohala Ranch communities farther south.

Mauna Lani Resort
South Kohala
covers the major, world class resorts of Mauna Kea, Mauna Lani and Waikoloa Beach Resorts, the small town of Waikoloa Village, located 6 miles inland from the resorts, and Waimea, the beautiful town in the interior Waimea Valley. You can find market updates for many of these areas by visiting my Market Update Page.


View all homes for sale on the Kohala Coast. Instantly find out what your Kohala Coast Home is worth. Discover how our Vacation Rental Mgt Program can save you $1000’s.

The number of single-family homes sold in Kohala in January 2019 decreased Ka Milo Poolsubstantially over January 2018, with 26 homes selling in January 2018 down to 16 homes sold this year. That decrease was felt in all market segments, with the sales volume in North Kohala falling from 6 homes sold in January 2018 to 4 this year, while the volume in South Kohala fell from 20 homes to 14. The number of condos sold year over year in January in Kohala was a bright spot, increasing slightly from 22 units last year to 23 units this year.  


With January being the first month of the year, the year-to-date volume is going to be Ke Kailaniequal to the monthly numbers, with 16 homes being sold so far in 2019, as opposed to 26 homes being sold by this time last year.  The South Kohala volume fell from 20 homes in January 2018 to 16 homes sold this year, while in North Kohala the decrease was only by two, from 6 single-family homes sold by this time in 2018, to 4 homes this year. The number of condos sold year-to-date was the one segment with an increase in sales volume, rising from 22 units sold last year, to 23 units sold in 2019.

Along with the decreases in sales volume of single-family homes in January 2018 over Waikoloa Beach ResortJanuary 2019 in both North and South Kohala, also came reductions in median sales prices in both regions. The median sale price in South Kohala fell from $677,250 in January 2018 to $535,000 in January of this year, while in North Kohala, the median sales price in January 2019 fell to $810,000 from $986,000 in January 2018. The condo market also experienced a disappointing price decrease, with the January 2019 median sales price falling to $510,000 from $548,000 in February 2018.

Along with the monthly median sales prices being down in all markets in January Big Island Map2019, the year-to-date numbers were also down in all markets. The median year-to-date sales price in the condo market fell a modest 7.06% from $548,750 in 2018 to $510,000 this year. North Kohala experienced an even larger decrease for its median sales price, dropping 17.85% from $986,000 in 2018 to $810,000 this year, and the single-family homes in South Kohala had the largest drop, falling 21.0%, from $535,000 in 2018 to $677,250 this year.


Analysis:
The sales volume of single-family homes dropped significantly on the Kohala Coast in January 2019 compared to the last six months of 2018. This is especially concerning since January is typically one of the stronger months for sales. We did not see the same drop in sales volume in the condo market, so it is possible the drop was just a monthly aberration.
Big Island Stats

If you are thinking of buying or selling a home anywhere on the Kohala Coast, contact me today. I will produce a customized market report for the neighborhood or area you are interested in. Mahalo.

February 2018 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala – 4
  • No. of single-family homes sold in South Kohala - 12
  • No. of condo units sold in South Kohala - 23
  • YTD No. of single-family homes sold in North Kohala – 4
  • YTD No. of single-family homes sold in South Kohala – 12
  • YTD No. of condo units sold in South Kohala - 23
  • Median sales price of a single-family home in North Kohala - $810,000
  • Median sales price of a single-family home in South Kohala - $535,000
  • Median sales price of a condo in South Kohala - $510,000
  • YTD median sales price of a single-family home in North Kohala - $810,000
  • YTD median sales price of a single-family home in South Kohala - $535,000
  • YTD median sales price of a condo in South Kohala - $510,000

If you enjoyed this update, you may like Waikoloa Village Real Estate Update for Q4 2018.

Posted by Korby Matsen on February 23rd, 2019 10:16 AM

Waikoloa Village
Waikoloa Village is a charming community located 6 miles inland from the west coast of the Big Island of Hawaii. This lovely community covers over 19 square miles and is a mixture of condominiums and single family homes.  Waikoloa Village offers its residents wonderful amenities such as an 18-hole golf course, a community swimming pool and tennis courts.

Waikoloa VillageAlso within Waikoloa Village is the Waikoloa Highlands Shopping Center, which contains many shops and restaurants, including the Waikoloa Village Market, Island Lava Java and Pueo’s Osteria Italian restaurant. With its proximity to the world-famous resorts and beaches on the Kohala Coast, Waikoloa Village makes an affordable alternative for the savvy buyer looking for their Hawaiian Dream Home.

View all homes for sale in Waikoloa Village. Instantly find out the value of your Waikoloa Village HomeDiscover how my Vacation Rental Mgt Program can save you $1,000’s.

Elima LaniAt the time of this writing (Feb 10th), Waikoloa Village had 28 single-family homes for sale, with 20 in escrow and 16 condos for sale, with 13 in escrow. Of the homes for sale, the highest priced one is listed at $849,000, and is located at 68-1981 Kawika St., while the highest priced condo currently on the market is listed at $729,000 and is Unit #12 in The Pointe at Waikoloa. 

At the other end of the spectrum, the lowest priced single-family home on the market is located at 68-3514 Kupunakane Pl and is listed at the low price of $449,000. While the lowest priced condo currently on the market is listed at $219,000 and is Unit G104, located in the Waikoloa Villas.

Waikoloa VillageWhen it comes to sales in the 4th Quarter, the number of single-family homes sold again outpaced the number of condos sold. In this time from October through December 2018 there were 18 homes sold in Waikoloa Village, while 13 condos were sold. Of those homes sold, the highest priced one is located at 68-2142 Laakea Way, and sold for $777,595, from a list price of $760,000.

While the most expensive condo sold for $615,000, from a list price of the same amount and is Unit #13, located in the Pointe at Waikoloa. The lowest priced home to sell during the 4
th Quarter was a home located at 68-3704 Eha Ko St, that sold for $444,614, from a list price of $447,000, and the condo with the lowest sales price went for $155,000, from a list price of the same amount and is in the Fairway Terrace, Unit G105.

Waikoloa VillageAnalysis: After two quarters of brisk sales in Waikoloa Village the sales volume in Q4 dropped by about half of previous two quarters. This may have a lot to do with the robust sales volume throughout 2018 depleting the available inventory of homes and condos down to under a two-month supply. We will wait to see if this is a trend or an aberration. But the low inventory levels do put Waikoloa Village firmly in a Sellers’ Market in both the single-family home and condo markets.

If you are looking to buy or sell a home in Waikoloa Village, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian Real Estate dreams come true. Mahalo

Highlights of the Waikoloa Village Update for Q4 2018 

  • Number of single-family homes currently for sale - 28
  • Number of single-family homes currently in escrow - 20
  • Number of condos currently for sale – 16
  • Number of condos currently of escrow - 13
  • Highest priced home currently for sale - $849,000 68-1981 Kawika St
  • Highest priced condo currently for sale - $729,000 Point at Waikoloa #12
  • Lowest priced home currently for sale - $449,000 68-3514 Kupunakane Pl
  • Lowest priced condo currently for sale - $219,000 Waikoloa Villas #G104
  • Number of single-family homes sold in Q4 (Oct – Dec) - 18
  • Number of condos sold in Q4 (Oct – Dec) - 13
  • Highest priced home sold in Q4 - $777,595 68-2142 Laakea Way
  • Highest priced condo sold in Q4 - $615,000 The Pointe at Waikoloa #13
  • Lowest priced home sold in Q4 – $444,614 68-3704 Eha Ko St
  • Lowest priced condo sold in Q4 - $155,000 Fairway Terrace #G105

If you enjoyed this update, you may like Mauna Kea Resort Real Estate Update for Q4 2018.

Posted by Korby Matsen on February 17th, 2019 11:33 AM

Mauna Kea Resort
Mauna Kea Resort is a beautiful 1,839 acre resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort contains two world class hotels, the Mauna Kea Beach Hotel and the Westin Hapuna Beach Resort.  These hotels are located along some of the most pristine white sand beaches in all of Hawaii. The Mauna Kea Resortluxurious homes located in Mauna Kea Resort are second to none, with everything from private oceanfront homes to condos with sweeping ocean views.

The Mauna Kea Resort also offers its residents access to two Championship Golf Courses, the Seaside Tennis Club, a Fitness Center, and the Mauna Kea Spa. Some of the many restaurants include Number 3, the Hua Tree Lanai, the Copper Terrace, Clambake and the Manta & Pavilion Wine Bar.

View all homes for sale in the Mauna Kea Resort. Instantly find out what your Mauna Kea Resort Home is worth. Discover how my Vacation Rental Mgt Program can save you $1,000’s.

Mauna Kea Resort
At the time of this writing (Feb 1st), there were 12 single-family homes and 10 condos for sale in the Mauna Kea Resort, with 1 home and 2 condos in escrow. The highest priced of these homes is listed at $9,995,000 and is located at 62-3692 Kiekiena Place in The Bluffs at Mauna Kea, while the highest priced condo on the market is listed at $4,290,000 and can be found at the Halia Hale at Kaunaoa #6B.

At the other end of the spectrum, the lowest priced single-family home on the market Mauna Kea Resortis 62-3685 Leihulu Pl in Mauna Kea Fairways South and is listed at $1,650,000. While the lowest priced condo currently for sale is listed at $879,000 and is in Kumulani at the Uplands at Mauna Kea, Unit #J1.

The volume of homes in Mauna Kea Resort decreased dramatically in the 4th Quarter, with just 1 condo home, and no single-family homes being sold during this time from October 2018 through December 2018. With no single-family homes selling, there are only condo statistics to report.

And with just one condo selling in the 4th quarter, he highest priced condo sold, and lowest priced condo sold are the same unit. This condo sold for $1,875,000, from a list price of $1,885,000 and is Waiulaula at Mauna Kea #316.

Mauna Kea Resort
Analysis:
After a busy first half of 2018, single-family home and condo sales in Mauna Kea Resort in the second half dropped dramatically. Although inventory did not increase in this same period, the drop in sales volume has moved both the condo and single-family home markets in Mauna Kea back into a Buyers’ Market.


If you are looking to buy or sell a home in the Mauna Lani Resort, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams a reality. Mahalo

Highlights of the 2018 Q4 Mauna Kea Resort Update 

  • Number of single-family homes currently for sale – 12
  • Number of single-family homes currently in escrow - 1
  • Number of condos currently for sale – 10
  • Number of condos currently in escrow - 3
  • Highest priced home currently for sale – $9,995,000 62-3692 Kiekiena Pl in The Bluffs of Mauna Kea
  • Highest priced condo currently for sale - $4,290,000 Halia Hale at Kaunaoa #6B
  • Lowest priced home currently for sale – $1,650,000 62-3685 Leihulu Pl, Mauna Kea Fairways South
  • Lowest priced condo currently for sale - $879,000 Kumulani at The Uplands at Mauna Kea #J1
  • Number of homes sold in Q4 (Oct – Dec) – None
  • Number of condos sold in Q4 (Oct – Dec) – 1
  • Highest priced home sold in Q3 – None
  • Highest priced condo sold in Q3 - $1,875,000 Waiulaula at Mauna Kea #316
  • Lowest priced home sold in Q3 – None
  • Lowest priced condo sold in Q3 - $1,875,000 Waiulaula at Mauna Kea #316

If you enjoyed this update, you may like Kohala Real Estate Market Year in Review 2018.

Posted by Korby Matsen on February 9th, 2019 8:02 AM

Waikoloa Beach Resort
Waikoloa Beach Resort is a beautiful resort located on the West Coast of the Big Island of Hawaii. This world famous Kohala Coast resort
contains everything to make your Hawaiian experience complete. Waikoloa Beach Resort is home to the Hilton Waikoloa Village Hotel and the Waikoloa Beach Marriott Resort and Spa.

Halii Kai
There is also great shopping at the Queen’s Marketplace and the King’s Shops, and great restaurants like Roy’s Waikoloa Bar & Grill, the Macaroni Grill and the Lava Lava Beach Club. Waikoloa Beach Resort also contains two world class golf courses, the Beach Course and the King’s Course, and of course, the spectacular white sand beaches are also close by.


View all homes for sale in the Waikoloa Beach Resort.  Instantly find out the value of your Waikoloa Beach Resort home.  Discover how our Vacation Rental Management Program can save you $1,000’s.

Waikoloa Beach ResortAt the time of this writing (Jan 5th), there were 4 single-family homes on the market in Waikoloa Beach Resort and 18 homes in escrow. The highest priced of these homes is currently listed at $5,995,000 and is located at 69-1037 Kolea Kai Circle, in the Kolea community, while the lowest price one listed at $949,000 and can be found at 69-9236 Ainamulu St, in the new development, Ainamalu at Waikoloa Beach.

In the condo arena there are currently 52 condos for sale in Waikoloa Beach Resort with 13 condos in escrow. The highest priced condo on the market is listed at $1,999,000 and is Unit #2C in Kolea Condo Villas, which is part of the Kolea community. While at the other end of the spectrum, the lowest priced condo currently available is listed at $355,000 and is Unit #231 in the Shores at Waikoloa Beach Resort.

In the 4th Quarter of 2018, there were 4 single-family homes sold in the Waikoloa KoleaBeach Resort but many of the 18 single-family homes currently in escrow are new construction homes awaiting completion in the new development, Ainamalu at Waikoloa Beach. The highest priced of the homes sold 4 homes sold is located at 69-9219 Ainamalt St. It sold for $1,215,008 from a list price of the same amount. The lowest priced home sold for $977,262 from a list price of the same amount and is located at 69-9242 Ainamalu St. All the single-family homes sold are in the new Ainamalu at Waikoloa Beach community.

Meanwhile, in this time frame between October and December, there were 21 condos sold in Waikoloa Beach Resort, and the highest priced of these is Unit 11G in Hali’i Kai, which sold for $1,200,000, from a list price of $1,299,000. While the condo with the lowest sales price went for $429,000, from a list price of the same amount and is Unit 1906 in Waikoloa Colony Villas

Waikoloa Beach Resort
Analysis:
Sales of condos in the Waikoloa Beach Resort stayed at a steady pace throughout 2018. With the amount of inventory available, we continue to be in a balanced market in both the condo and single-family home markets. By the look of the amount of homes and condos in escrow in Waikoloa Beach Resort, it appears that the positive markets will
continue into 2019.


If you are looking to buy or sell a home in the Waikoloa Beach Resort, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian Real Estate dreams come true. Mahalo

Highlights of the Waikoloa Beach Market Update for Q4 2018

  • Number of single-family homes currently for sale – 4
  • Number of single-family homes currently in escrow - 18
  • Number of condos currently for sale – 52
  • Number of condos currently in escrow - 13
  • Highest priced home currently for sale - $5,995,000 69-1037 Kolea Kai Cir in Kolea Kai
  • Highest priced condo currently for sale - $1,999,000 Kolea Condo Villas #2C
  • Lowest priced home currently for sale – $949,000 69-9236 Ainamalu St in Ainamalu at Waikoloa Beach
  • Lowest priced condo currently for sale - $355,000 Shores at Waikoloa Beach Resort #231
  • Number of single-family homes sold in Q4 (Oct – Dec) – 4
  • Number of condos sold in Q4 (Oct – Dec) – 21
  • Highest priced home sold in Q4 – $1,216,008 69-9219 Ainamalu St in Ainamalu at Waikoloa Beach
  • Highest priced condo sold in Q4 - $1,2,000 Hali’i Kai #11G
  • Lowest priced home sold in Q4 - $977,262 69-9242 Ainamalu St in Ainamalu at Waikoloa Beach
  • Lowest priced condo sold in Q4 - $429,000 Waikoloa Colony Villas #1906

If you enjoyed this update, you may like Kohala Coast Real Estate Update for December 2018.

Posted by Korby Matsen on February 3rd, 2019 8:58 AM

Kohala Coast
The Kohala Coast is a magnificent area located on the west coast of the Big Island of Hawaii. The Big Island received that name to differentiate it between the State of Hawaii and the Island of Hawaii. Kohala is split into two areas, North Kohala and South Kohala, with North Kohala covering the more rural northern end of the island, that includes the two small towns of Hawi and Kapa’au, as well as the Kohala Ranch communities at the southern end.

Mauna Kea ResortSouth Kohala, which begins just south of Kohala Ranchcovers the major, world class resorts of Mauna Kea, Mauna Lani and Waikoloa Beach Resorts, the small town of Waikoloa Village, located 6 miles inland from the resorts and Waimea, the beautiful town in the interior Waimea Valley. You can find market updates for many of these areas by visiting the Market Update Page on my website.



View all homes for sale on the Kohala Coast. Instantly find out the value of your Kohala Coast Home
Discover how our Vacation Rental Management Program can save you $1000’s in management fees.

Kohala RanchThe number of single-family homes sold in Kohala in December 2018 decreased slightly from December 2017, with 30 homes selling in December 2017 down to 27 homes sold this year. This drop in sales volume only happened in North Kohala, with South Kohala remaining the same at 21 homes sold, while North Kohala had a minor decrease from 9 homes sold to 6. The condo market experienced the opposite, with the number of units sold increasing substantially year over year in December from 16 to 26 units.  

This drop in the number of single-family homes sold in December from year to yearMauna Lani Resort did negatively affect the year-to-date numbers, with sales volume increasing in 2018 over 2017, from 326 homes sold last year to 341 homes sold this year. This overall increase did not happen in both parts of Kohala however, as the number of single-family homes in North Kohala decreased by one from 67 homes sold last year to 66 this year. Yet, this decrease was offset by the sales in South Kohala, with the number of single-family homes sold rising from 259 homes last year to 275 homes sold this year. The condo market continued its strong growth, with year-to-date sales volume rising from 275 units sold in 2017, to an impressive 303 units sold this year.

Even though the volume of single-family homes sold in December 2018 decreased in Kohala from December 2017, the change in median sales price was up in all regionsand Mauna Lani Resort markets. The median sale price in South Kohala increased a healthy $42,500, from $579,000 in December 2017 to $621,000 in December of this year, while in North Kohala the median sales price in December 2018 increased a staggering $362,500 to $731,000 from $579,000 in December 2017. But wide swings in sales price happen often in North Kohala, due to the low sales volume in this rural area. Along with its impressive increase in sales volume, the condo market also experienced a dramatic price increase, with the December 2018 median sales price increasing to $694,500 from $554,500 in December 2017.

Big Island MapThe 2018 year-to-date median sales price numbers were all positive in Kohala, with the single-family homes in North Kohala having the largest increase, rising an impressive 19.45% from $640,000 in 2017 to $764,000 this year. The single-family homes in South Kohala had a more modest increase of 5.66%, rising from $565,000 in 2017 to $597,000 this year. Meanwhile, the condo market year-to-date number was also a bright spot, rising a robust 10.66% from $488,000 in 2017 to $540,000 this year.

Analysis: Even though 2018 was considered a great year in real estate on the Kohala Coast, and the 2018 yearly single-family home sales volume was up over 2017, the year over year monthly sales volume has been down every month since September. This was also the case in the condo market, up until December. It remains to be seen whether this is an aberration, or a trend.
Big Island Stats

If you are thinking of buying or selling a home on the Kohala Coast, contact me today. I will produce a customized market report for the neighborhood or area you are interested in buying or selling in. Mahalo.

December 2018 Kohala Coast Market Highlights

  • No. of single-family homes sold in North Kohala – 6
  • No. of single-family homes sold in South Kohala - 21
  • No. of condo units sold in Kohala - 26
  • YTD No. of single-family homes sold in North Kohala – 66
  • YTD No. of single-family homes sold in South Kohala – 275
  • YTD No. of condo units sold in South Kohala - 303
  • Median sales price of a single-family home in North Kohala - $731,000
  • Median sales price of a single-family home in South Kohala - $621,500
  • Median sales price of a condo in South Kohala - $604,500
  • YTD median sales price of a single-family home in North Kohala - $764,000 up 19.45%
  • YTD median sales price of a single-family home in South Kohala - $597,000 up 5.66%
  • YTD median sales price of a condo in South Kohala - $540,000 up 10.66%

If you enjoyed this update, you might enjoy Mauna Lani Resort Update for Q4 2018.

Posted by Korby Matsen on January 26th, 2019 11:19 AM

Mauna Lani Resort
Mauna Lani is a beautiful resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort covers over 3,200 acres and contains 15 separate neighborhoods. From private oceanfront homes to secluded condos, there is something for every discerning buyer. 
The Mauna Lani Resort offers its residents two Championship Golf Courses, the Mauna Lani Beach Club, and a Spa and Fitness Center.

Also, within the resort are two luxury hotels, the Mauna Lani Bay Hotel (currently The Shops at Mauna Laniclosed for renovations) and the Fairmont Orchid Hotel. Both hotels offer a wide variety of activities and dining options. The Shops at Mauna Lani also provide plenty of restaurant choices, such as Tommy Bahamas’ and Ruth’s Chris Steak House. This open-air mall also consists of a selection of shops that include a mixture of famous brand names and local craftsmanship, and of course, the world-class, white sand beaches are always close by.


View all homes for sale in the Mauna Lani Resort. Instantly find out what your Mauna Lani Home is worth. 
Discover how my Vacation Rental Management Program can save you $1000’s.

Mauna Lani Resort At the time of this writing (Jan 3rd), there were 18 homes for sale, but no homes in escrow in the Mauna Lani Resort, along with 61 condos for sale, with 9 in escrow. Of the homes for sale, the highest priced one is listed at $7,690,000, and is located at 68-1052 Pauoa Way in the Pauoa Beach subdivision, while the most expensive condo on the market is listed at $3,379,000 and is Unit #A303 in the Mauna Lani Terrace community.

At the other end of the spectrum, the lowest priced home on the market is Ka Milo #18, located in Ka Milo at Mauna Lani Resort, and is listed at $1,499,000, while on the condo side, the lowest priced one currently on the market is listed at $519,000. It is Unit #I-2, in the Palm Villas at Mauna Lani.

Mauna Lani Resort When it comes to sales in the 4th Quarter, the number of condos sold was, as usual, quite higher than the number of homes sold. In the Q4 time frame of October through December 2018, there were 6 homes sold in the Mauna Lani Resort, while 13 condos were sold. The highest priced home to sell is the Residences at Laulea #7A1 and it sold for $3,912,500, from a list price of $4,400,000.


The lowest priced home sold for $1,280,000, from a list price of $1,299,000, and is Ka Milo #17, in Ka Milo at Mauna Lani.  The highest priced of the 13 condos sold is also in the Residences at Laulea, Unit #4B2, and it sold for $3,200,000, from a list price of the same amount. While the condo with the lowest sales price was Palm Villas #H-3, which sold for $525,000 from a list price of the same amount.

Mauna Lani Resort
Analysis:
The sales volume of single-family homes in Mauna Lani Resort has remained fairly constant throughout 2018 while condos sales dipped slightly in the 4th Quarter. It remains to be seen whether this is a seasonal slow down or a trend. Condo inventory, as usual, spiked in the 4th Quarter as sellers put their units on the market for the winter selling season.


If you are looking to buy or sell a home in the Mauna Lani Resort, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams a reality.
If you enjoyed this Market Update, read about other location on the Kohala Coast on my Market Update Page. Mahalo

Highlights of the Q4 2018 Mauna Lani Real Estate Update 

  • Number of homes currently for sale - 18
  • Number of homes currently in escrow - 0
  • Number of condos currently for sale – 61
  • Number of condos currently in escrow - 9
  • Highest priced home currently for sale - $7,690,000 68-1052 Pauoa Wy, in Pauoa Beach
  • Highest priced condo currently for sale - $3,379,000 Mauna Lani Terrace #A303
  • Lowest priced home currently for sale - $1,499,000 Ka Milo #18
  • Lowest priced condo currently for sale - $519,000 Palm Villas at Mauna Lani #I-2
  • Number of homes sold in Q4 (Oct – Dec) - 6
  • Number of Condos sold in Q4 (Oct – Dec) – 21
  • Highest priced home sold in Q4 - $3,912,500 Residences at Laulea #7A1
  • Highest priced condo sold in Q4 - $3,200,000 Residences at Laulea #4B2
  • Lowest priced home sold in Q4 - $1,560,000 Ka Milo #17, in Ka Milo at Mauna Lani
  • Lowest priced condo sold in Q4 - $525,000 Palm Villas #H-3

If you enjoyed this update, you may like Kohala Real Estate Update for November 2018.

Posted by Korby Matsen on January 17th, 2019 9:19 AM

Kohala Coast
The Kohala Coast is the majestic area located on the west coast of the Big Island of Hawaii. The name Big Island came about as to distinguish it from the State of Hawaii. Kohala is split into two areas, North Kohala and South Kohala, with North Kohala covering the northern, more rural end of the island, which includes the small towns of Hawi and Kapa’au, as well as the Kohala Ranch neighborhoods a little farther south.

Mauna Lani Resort
South Kohala covers the world class resorts of Mauna Kea, Mauna Lani and Waikoloa Beach Resorts, the small town of Waikoloa Village, located 6 miles inland from the resorts, and Waimea, the beautiful town in the interior Waimea Valley. You can find market updates for many of these areas by visiting the Market Update Page on my website.



The overall sales volume of single-family homes in Kohala increased marginally in 2018 over 2017, with 326 homes being sold last year and 341 sold in 2018. However, this overall increase did not happen in both parts of Kohala. In North Kohala the volume decreased by one, falling from 67 homes sold in 2017 to 66 sold in this year, but the number of single-family homes sold in South Kohala increased from 259 homes in 2017 to 275 homes sold this year. The number of condos sold in 2018 also had a healthy increase, rising from 275 units sold in 2017, to 303 units sold this year.

Pauoa BeachWhen it comes to the median sale price, single-family homes all areas of Kohala experienced an increase. North Kohala had the largest increase, rising a dramatic 19.45% from $640,000 in 2017 to $764,000 this year. The single-family homes in South Kohala had a more subdued increase, rising 5.66%, rising from $565,000 last year to $597,000 in 2018. The condo market also did well price wise, increasing an impressive 10.66% from $488,000 in 2017 to $540,000 this year.

Analysis: The sales volume and median sales price numbers on the Kohala Coast all saw an increase in every market segment. The is impressive in that 2017 was itself a pretty good year. Most communities on the Kohala Coast are in a Balanced Market (5-6 months of inventory) by varying degrees and that remained constant throughout the year. This all adds up to 2018 being an exceptional year in the Kohala Coast Real Estate Market.

If you are thinking of buying or selling a home on the Kohala Coast, contact me today. I will produce a customized market report for the neighborhood or area you are interested in buying or selling in.

2018 Kohala Real Estate Market Highlights

  • No. of single-family homes sold in North Kohala – 66
  • No. of single-family homes sold in South Kohala – 275
  • No. of condo units sold in South Kohala – 303
  • Median sales price of single-family homes in North Kohala - $764,000 up 19.45% over 2017
  • Median sales price of single-family homes in South Kohala - $597,000 up 5.66% over 2017
  • Median sales price of condos in South Kohala - $540,000 up 10.66% over 2017

If you enjoyed is update, you may like Mauna Lani Resort Market Update for Q3 2018.

Posted by Korby Matsen on January 13th, 2019 11:11 AM

Mauna Lani Resort
Mauna Lani is a beautiful resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort covers over 3,200 acres and contains 15 separate neighborhoods. From private oceanfront homes to secluded condos, there is something for every discerning buyer. 
The Mauna Lani Resort offers its residents two Championship Golf Courses, the Mauna Lani Beach Club and a Spa and Fitness Center.

Also, within the resort are two luxury hotels, the Mauna Lani Bay Hotel (currently Mauna Lani Resort closed for renovations) and the Fairmont Orchid Hotel. Both hotels offer a variety of activities and dining options. The Shops at Mauna Lani also provide plenty of restaurants choices, including Tommy Bahamas’ and Ruth’s Chris Steakhouse, as well as a variety of shops and boutiques, and of course, the world-class, white sand beaches await your discovery.




View all homes for sale in the Mauna Lani Resort.
Instantly find out what your Mauna Lani home is worth.

Luxury Homes For Sale in Mauna Lani Resort

68-1005 Konane Ct, Kamuela, HI 96743

Listing Details

  • Price: $5,999,000
  • Bedrooms: 5
  • Bathrooms: 5 full, 2 half
  • Sq Footage: 3,938

Mauna Lani Resort

One of the Best Locations
in Mauna Lani Resort

Mauna Lani Resort Magnificent new-construction home on one of the best lots in Mauna Lani Resort, with unobstructed views of fish ponds, a flowing stream, mountains and, of course, the Pacific Ocean. Lush low-maintenance landscaping, rare tropical fruit trees, as tranquil and private as it is beautiful. Located on the 17th Fairway of the South Course, mere steps away from the exclusive Mauna Lani Beach Club. 


You Will Love the Luxury Details This Home Has to Offer

The fabulous gourmet kitchen has both gas and electric Gaggenau cooktops, a Teppan Mauna Lani Resort grill, huge Thermador fridge, beverage cooler, two sinks and a walk-in pantry. The Great and Media Rooms have tropical grass-cloth ceilings, cove lighting and motorized blinds. The full-length pocket doors with screens open to the lanai that features a Viking grill, fridge and sink.

The Master Suite features generous master closet and bathroom with a gigantic two-person lighted waterfall Jacuzzi tub and full-body rain shower. This high-efficiency home has on-demand hot water and a 91-panel PV solar system. The 1000 sq ft, 4-car garage is wired for two electric car chargers.

A must see for anyone looking for the best of the best! 
Click Here for Complete Details

68-1013 Ke Kailani Dr, Kamuela, HI 96743

Listing Details

  • Price: $6,400,000
  • Bedrooms: 4
  • Bathrooms: 4 full, 1 half
  • Sq Footage: 4,758

Ke Kailani
Pocket Doors Open to Create the Indoor/Outdoor Hawaiian Lifestyle

Ke KailaniThis stunning luxury home in Mauna Lani Resort was architecturally designed to maximize the dramatic ocean and mountain views. Luxury features include master hand-crafted Sepella African Mahagony cabinets, doors, ceilings and outdoor trim work, large Italian granite slabs throughout kitchen, bathrooms and external wet bar. Luxurious flooring displays solid Brazilian Cherry inside and Turkish Limestone for baths, outdoor lanais and poolside elegance.

Ke KailaniThe fabulous solid Mahogany pocket doors in every room open to create the indoor/outdoor Hawaiian lifestyle. Sitting under the expansive vaulted ceilings inside and out, you look out over the gorgeous infinity edge pool to breathtaking views. All bedrooms have their own private outdoor shower garden. And the 3-car garage includes electric car charging station and multi filtration water purification system. 



Ke Kailani, the best kept luxury secret in Mauna Lani resort

Ke Kailani is the newest ocean front private gated community in Mauna Lani Resort featuring two recreation facilities that includes an oceanfront grotto with pool, spa, BBQ and entertainment pavilion, and a second amenity center that includes a conference/entertainment building, pool and fitness center.

Come live your Hawaiian dream! 
Click Here for Complete Details

Call or text Korby Matsen at 808-557-5321 to see if these properties are still available and to arrange your exclusive showing.

Posted by Korby Matsen on December 28th, 2018 11:58 AM

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