The Kohala Real Estate Update for May 2025 highlights the breathtaking region along the west coast of Hawaii’s Big Island. Known as “The Big Island” to distinguish it from the state itself, this unique destination offers a diverse array of communities and landscapes. The renowned Kohala Coast is divided into two distinct areas: North Kohala and South Kohala. North Kohala encompasses the island’s rural northern tip, 
featuring the charming towns of Hawi and Kapa’au, as well as the prestigious Kohala Ranch communities situated at its southern border.
South Kohala stretches just beyond Kohala Ranch and encompasses some of the island’s most prestigious destinations, including the world-class resorts of Mauna Kea, Mauna Lani, and Waikoloa Beach. This vibrant region also features Waikoloa Village, a charming community located just six miles inland from the coast, as well as Waimea, a picturesque town nestled in the lush Waimea Valley. For the latest market trends and detailed updates on these sought-after areas, be sure to visit the Market Update Page on my website.
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The number of single-family homes sold in Kohala in May 2025 decreased significantly compared to last May, 
with 12 homes selling in May this year, down from 22 homes sold in May 2024. This decrease in sales volume was felt in both North Kohala and South Kohala. The North Kohala total fell from 3 homes sold in May 2024 to 2 homes sold in May of this year, while the volume in South Kohala decreased from 19 homes selling last May to 10 homes this May. The number of condos sold year over year in May also experienced a substantial decrease, falling to 15 units this year from 26 units last May.
Although the monthly numbers were down, the year-to-date numbers were more of a mixed bag. 
There have been 112 single-family homes sold so far this year in Kohala, up from 107 homes sold by this time in 2024. North Kohala was one of the down markets, with 30 homes selling so far this year, down from 34 homes by this time in 2024. The South Kohala market saw an increase, with 81 homes selling so far this year, up from 73 homes sold in 2024. The number of condos sold year-to-date also experienced a decrease, falling from 101 units sold last year, to 72 units sold so far in 2025.
As with the year-to-date sales volume of single-family homes in Kohala, the monthly change in median sales price was also mostly down. The median sale price in North Kohala felt the biggest decrease, falling spectacularly from $2,400,000 in May 2024 to $645,000 in May of this year. 
This type of dramatic change can sometimes happen in a low sales volume environment. The median sale price drop in South Kohala was less dramatic, decreasing from $1,319,000 in May 2024 to $829,000 this May. The condo market saw the only increase, with the May 2025 median sales price rising to $1,725,000, from $1,245,000 in May 2024.
The changes to the year-to-date median sales price were mostly all positive. North Kohala experienced the only decrease, falling 18.79% from $1,197,500 in 2024 to $972,500 this year. The price of single-family homes in South Kohala barely stayed positive, rising just 1.04%, from $1,059,000 in 2024, to $1,070,000 this year. The condo market experienced the largest increase, with the median sale price rising 10.18%, from $1,095,000 in 2024 to $1,206,500 this year.
Analysis: The Kohala Real Estate Update for May reveals sales volumes declining across all markets year-over-year, while year-to-date performance varies by segment. Single-family home prices remain mixed with divergent trends across markets, but condos demonstrated consistent strength with median prices rising in both monthly and year-to-date comparisons.
If you are thinking of buying or selling a home anywhere on the Kohala Coast, contact me today. I can produce a customized Market Report for the neighborhood or area you are interested in. Mahalo.
Kohala Real Estate Update for May 2025 Highlights
No. of single-family homes sold in North Kohala -2
No. of single-family homes sold in South Kohala – 10
No. of condo units sold in South Kohala – 15
YTD No. of single-family homes sold in North Kohala – 30
YTD No. of single-family homes sold in South Kohala – 81
YTD No. of condo units sold in South Kohala – 72
Median sales price of a single-family home in North Kohala – $645,000
Median sales price of a single-family home in South Kohala – $829,000
Median sales price of a condo in South Kohala – $1,725,000
YTD median sales price of a single-family home in North Kohala – $972,500 down 18.79%
YTD median sales price of a single-family home in South Kohala – $1,070,000 up 1.04%
YTD median sales price of a condo in South Kohala – $1,206,500 up 10.18%
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