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Kohala Coast Real Estate News

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 Waiulaula at Mauna KeaHawaii. The luxurious 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 Bar Cafe, Clambake and the Manta.

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.

At the time of this writing (Oct 20th), there were 8 single-family homes and 1 condo Mauna Kea Resortfor sale in the Mauna Kea Resort, with 5 homes and 2 condos in escrow. Of the single-family homes for sale, the highest priced one is listed at $9,950,000, 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 $3,400,000 and is the Villas at Mauna Kea #33.

At the other end of the spectrum, the lowest priced single-family home on the market is at 62-3997 Moani Pikake Ct in Moani Heights and is listed at $1,975,000. While the lowest priced condo currently for sale is listed at $910,000 and is Kumalani at the Uplands #C1.

Mauna Kea ResortThe sale of single-family homes in Mauna Kea Resort remained steady the last the quarters, with 4 single-family homes selling in Q3. The highest priced of these homes sold for $2,950,000 from a list price of $3,350,000 and is located at 62-3458 Aloalii Pl in the Fairways North. The lowest priced single-family home sold in Mauna Kea Resort is Waiulaula at Mauna Kea #331, and it sold for $2,115,000, from a list price of $2,226,000.

The highest priced condo to sell in Q3 went for $1,950,000, from a list price of $2,000,000 and is Waiulaula at Mauna Kea #302, while the lowest priced condo to sell is Kumulani at the Uplands #J3. It sold for $862,000, from a list price of $919,000.

Analysis: The sale of single-family homes in Mauna Kea Resort has bounced back the last few quarters after three quarters of zero sales, while the condo sale in Q3 fell to just one unit after three quarters of 4 or more units sold. The low amount of inventory could be a contributing factor to the relatively low volume of sales.

If you are looking to buy or sell a home in the Mauna Kea 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 2019 Q3 Mauna Kea Resort Update 

  • Number of homes currently for sale – 8
  • Number of homes currently in escrow - 1
  • Number of condos currently for sale – 5
  • Number of condos currently in escrow - 2
  • Highest priced home currently for sale – $9,950,000 62-3692 Kiekiena Pl in The Bluffs at Mauna Kea
  • Highest priced condo currently for sale - $3,400,000 Villas at Mauna Kea #33
  • Lowest priced home currently for sale – $1,975,000 – 62-3997 Moani Pikake Ct, Moani Heights
  • Lowest priced condo currently for sale - $910,000 Kumulani at the Uplands #C1
  • Number of homes sold in Q3 (July – Sept) – 4
  • Number of Condos sold in Q3 (July – Sept) – 1
  • Highest priced home sold in Q3 – $2,950,000 62-3458 Aloalii Pl, Fairways North
  • Highest priced condo sold in Q3 - $1,950,000 Waiulaula at Mauna Kea #302
  • Lowest priced home sold in Q3 – $2,115,000 Waiulaula at Mauna Kea #331
  • Lowest priced condo sold in Q3 - $3,475,000 Kumulani at the Uplands #J3

If you enjoyed this update, you may like Mauna Lani Resort Market Update for Q3 2019.

Posted by Korby Matsen RB-21643 on November 3rd, 2019 8:19 AM

Kohala Coast
The Kohala Coast is located on the west coast of the Big Island of Hawaii. They call it The Big Island to avoid the confusion 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, containing the historic small towns of Hawi, Kapa’au, and the Kohala Ranch communities.

Kings Shops
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 the Market Update Page on my website.


View all Homes for Sale on the Kohala Coast. Instantly find out what your Kohala Coast home is worth. 
Discover how you can save $1000’s with my Vacation Rental Management Program.

The number of single-family homes sold on the Kohala Coast in September 2019 remained the same as September 2018, with 20 homes selling in September of both Kohala Waterfrontyears. That similarity was not felt in both parts of Kohala with North Kohala’s sales volume increasing (from 3 homes up to 6), and South Kohala’s decreasing (from 17 homes down to 14). The condo market also had a small decrease, down from 21 units sold in September 2018 to 18 units this September.

Although the monthly sales volume remained the same in September of both years, the year-to-date volume in Kohala experienced a decrease, with 254 homes being sold this Kohala by the Seayear, down from 268 homes in 2018. This decrease was felt in all market segments, except for North Kohala where the number of single-family homes remained the same at 51 homes sold.

South Kohala, however, experienced a substantial decrease, with the number of single-family homes falling from 217 homes last year to 203 homes sold this year. As with the other market segments, the condo year-to-date volume also fell, dropping to 236 units this year from 243 units sold in 2018.

Kohala RanchUnlike the sales volume, the change in the September median sales price was up across the board. The median sale price in North Kohala experienced the biggest rise in median sales price, rising from $490,000 in September 2018 to an amazing $940,000 in September of this year.

The South Kohala median sales price in September 2018 saw an impressive increase, rising from $615,000 in September 2018 to $641,250 this year. The condo market median sales price increase was also dramatic, increasing from $477,000 in September 2018 to $597,500 this year.

Big Island Map
Other than North Kohala, the year-to-date median sales price continued its slowing trend. Single-family homes in North Kohala experienced the only increase, rising a dramatic 12.92% from $797,000 in 2018 to $900,000 this year. While in South Kohala, single-family homes remained unchanged at $595,000. The South Kohala condo market had a fractional decrease, falling 0.52% from $525,000 in 2018 to $522,250 this year.


Analysis:
The September 2019 sales volume, as well as the year-to-date numbers, continue their cooling trend over 2018’s numbers. The September monthly median sales price did see gains over last September’s number, so it may be a sign that the cooling trend is ending.
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.

September 2019 Market Highlights

  • No. of single-family homes sold in North Kohala – 6
  • No. of single-family homes sold in South Kohala - 14
  • No. of condo units sold in Kohala - 18
  • YTD No. of single-family homes sold in North Kohala – 51
  • YTD No. of single-family homes sold in South Kohala – 203
  • YTD No. of condo units sold in Kohala - 236
  • Median sales price of a single-family home in North Kohala - $940,000
  • Median sales price of a single-family home in South Kohala - $641,250
  • Median sales price of a condo in Kohala - $597,500
  • YTD median sales price of a single-family home in North Kohala - $900,000
  • YTD median sales price of a single-family home in South Kohala - $595,000
  • YTD median sales price of a condo in Kohala - $522,250

If you enjoyed this update, you may like Waikoloa Beach Resort Market Update for Q3 2019.

Posted by Korby Matsen RB-21643 on October 20th, 2019 9:22 AM

Hali'i Kai
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 two resort hotels, the Hilton Waikoloa Village Hotel and the Waikoloa Beach Marriott Resort and Spa.

Kings Shops
There is also a wide variety of shopping choices at the Queen’s Marketplace or the King’s Shops, and amazing 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 at your doorstep.


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

At the time of this writing (Oct 9nd), there was just 1 single-family homes for sale in Waikoloa Beach Resort but 7 homes in escrow. Since there is only 1 single-family Waikoloa Beach Resorthome on the market, it represents both the highest priced and the lowest priced home on the market. It is priced at $4,800,000 and is located at 69-1037 Kolea Kai Cir, in Kolea.


In the condo market there are currently 37 condos for sale and 11 units in escrow in Waikoloa Beach Resort, with the highest price one listed at $1,999,000 and is Unit #2C in the Kolea Condos community. While at the other end of the spectrum, the lowest priced condo on the market is listed at $325,000 and is Unit #138 in The Shores at Waikoloa Beach.

In the 3rd Quarter of 2019, there were 5 single-family homes sold in the Waikoloa Beach Resort. The highest priced single-family home sold for $1,334,048 from a list Waikoloa Beach Resortprice of the same amount, and is located at 69-9250 Ainamalu St, in the Ainamalu at Waikoloa Beach development. The single-family home with the lowest selling price is also located in the Ainamalu at Waikoloa Beach development, at 69-9245 Ainamalu St and it sold for $926,500, from a list price of the same amount.

Meanwhile, in this time frame between July and September 2019, there were 18 condos sold in Waikoloa Beach Resort. The highest priced of these is Unit #8G in the Hali’i Kai community that sold for $1,150,000, from a list price of $1,200,000. While the condo with the lowest sales price went for $335,000, from a list price of $369,000. It is Unit 208 located in the Shores at Waikoloa Beach Resort.

KoleaAnalysis: Sales of condos in the Waikoloa Beach Resort have continued at a steady pace throughout 2019. Even with slight decrease in inventory available we continue to be in a balanced market in the condo segment. The single-family home inventory available in the Ainamalu at Waikoloa Beach as been mostly sold off, but there will be more coming when they start the next phase.

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 a reality. Mahalo

Highlights of the Waikoloa Beach Market Update for Q3 2019

  • Number of Homes currently for sale – 1
  • Number of Homes currently in escrow - 7
  • Number of Condos currently for sale – 37
  • Number of Condos currently in escrow - 11
  • Highest priced home currently for sale - $4,800,000 69-1037 Kolea Kai Cir in Kolea
  • Highest priced condo currently for sale - $1,999,000 Kolea Condos #2C
  • Lowest priced home currently for sale – $4,800,000 69-1037 Kolea Kai Cir in Kolea
  • Lowest priced condo currently for sale - $325,000 The Shores at Waikoloa Beach #138
  • Number of homes sold in Q3 (July – Sept) – 5
  • Number of Condos sold in Q3 (July – Sept) – 18
  • Highest priced home sold in Q3 – $1,334,048 69-9250 Ainamalu St
  • Highest priced condo sold in Q3 - $1,150,000 Halii Kai 8G
  • Lowest priced home sold in Q3 – $926,500 69-9245 Ainamalu St
  • Lowest priced condo sold in Q3 - $335,000 Shores at Waikoloa Beach Resort #208

If you enjoyed this update, you may like Mauna Lani Resort Market Update for Q3 2019

Posted by Korby Matsen RB-21643 on October 13th, 2019 1:27 PM

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 Auberge Resort, Mauna Lani The Shops at Mauna Lani(currently 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. Discover how my Vacation Rental Management Program can save you $1,000’s

Mauna Lani Resort At the time of this writing (Oct 1st), there were 14 single-family homes for sale and 3 homes in escrow in the Mauna Lani Resort, with 32 condos for sale and 6 in escrow. Of the single-family homes for sale, the highest priced one is listed at $8,500,000, and is located at 68-1026 Honokaope Pl in the 49 Black Sand community, while the highest priced condo on the market is listed at $3,300,000 and is unit #2B1R in The Residences of Laulea. 


At the other end of the spectrum, the lowest priced single-family home on the market is located at 68-1122 N Kaniku Dr #343, in the Ka Milo at Mauna Lani development. Golf Villas at mauna LaniIt is listed at $1,699,000. On the condo side, the lowest priced unit currently on the market is listed at the $549,000, and is #E-1, in the Palm Villas at Mauna Lani.

When it comes to sales in 3rd Quarter, the number of condos sold was, as usual, quite higher than the number of single-family homes sold. In the Q3 time frame of July 2019 through September 2019 there were 5 single-family homes sold in the Mauna Lani Resort, while 20 condos were sold.

Of the 5 homes that sold, the highest priced one is located at 68-1063 Honokaope Pl, also in 49 Black Sand, and it sold for $2,000,000, from a list price of $2,250,000. Mauna Lani Resort While the lowest priced single-family home to sell is located at 68-1122 N Kaniku Dr
#347, in Ka Milo at Mauna Lani. It sold for $1,499,000, from a list price of the same amount.

The highest priced of the 20 condos sold in Q3 was Mauna Lani Terrace #D301 and it had a sale price of $1,750,000, from a list price of the same amount, while the condo with the lowest sale price went for $540,000, from a list price of $541,000 and is Unit #J3 in the Golf Villas at Mauna Lani.

Analysis: The sales volume of condos in Mauna Lani Resort have seen an uptick in Q2 & Q3 compared to the latter part of 2018 and beginning of 2019, with a corresponding drop in inventory. This puts Maina Lani Resort in a balanced market between buyers and sellers. However, in the single-family home segment, the sales volume has been steady, but not enough to deplete the inventory levels, keeping it in a buyer’s market.

If you are looking to buy or sell a home in the Mauna Lani Resort, or are looking to save money on your Vacation Rental Management fees, contact me today. I will help make your Hawaiian Real Estate dreams a reality. Market Updates for other areas of the Kohala Coast can be found on the Market Update Page of my website. Mahalo

Highlights of the Q3 2019 Mauna Lani Market Update 

  • Number of homes currently for sale – 14
  • Number of homes currently in escrow - 3
  • Number of condos currently for sale – 32
  • Number of condos currently in escrow - 6
  • Highest priced home currently for sale – $8,500,000 68-1026 Honokaope Pl, in 49 Black Sand
  • Highest priced condo currently for sale - $3,300,000 Residences of Laulea #2B1R
  • Lowest priced home currently for sale – $1,699,000 68-1122 N Kaniku Dr #343
  • Lowest priced condo currently for sale - $549,000 Palm Villas at Mauna Lani #E-1
  • Number of homes sold in Q3 (July – Sept) – 5
  • Number of condos sold in Q3 (July – Sept) – 20
  • Highest priced home sold in Q3 – $2,000,000 – 68-1063 Honokaope Pl, in 49 Black Sand
  • Highest priced condo sold in Q3 - $1,750,000 Mauna Lani Terrace #D301
  • Lowest priced home sold in Q3 –$1,499,000 68-1122 N Kaniku Dr #347
  • Lowest priced condo sold in Q3 - $540,000 Golf Villas at Mauna Lani #J3

If you enjoyed this update, you may like Kohala Coast Market Update for August 2019.

Posted by Korby Matsen RB-21643 on October 5th, 2019 11:14 AM

North Kohala
North Kohala is a majestic 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.

Ironman Championship
The other small town, Kapaa’u, also contains a small downtown area with assorted 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 of North Kohalabeautiful homes, from small plantation 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 with large lots, as well as many acreage lots where you can build your own Hawaiian dream home. The most alluring character of the Kohala Ranch area is that virtually every home and lot features panoramic ocean views.


View all homes for sale in the North Kohala.  Instantly find out what your Kohala Coast Home is worth. 

North KohalaAt the time of this writing (Sept 1st), there were 57 homes for sale in the North Kohala area and 15 homes in escrow. In the land lot market, there are 122 lots for sale, with 4 lots in escrow. There are no condos located in North Kohala, so there are no statistics for that market segment.  Of the homes for sale, the highest priced one is an almost waterfront home located at 59-134 Kihi Kihi Pl in Kohala Waterfront and is listed at $3,700,000.  

The highest priced land lot for sale is listed at $18,500,000 and is 498 pristine acres on Kohala RanchLokahi Rd in Kapa’au. At the other end of the spectrum, the lowest priced home on the market is located at
53-4389 Akoni Pule Hwy in Kapa’au, a fixer upper listed at the low price of $110,000, while the lowest priced lot for sale is 3 acres on Ka Nani Dr in Kohala Ranch, currently listed at $159,000.

Sales continue to be steady in North Kohala, with the Q2 time frame of April through June 2019 seeing 21 homes and 12 land lots sold. The highest priced of these homes is North Kohalalocated at 55-3287 Hoea Makai Rd in Hawi. It was listed at $5,800,000 and sold for $2,750,000. The highest priced land lot to sell went for $550,000 from a list price of $595,000. It is 29.2 acres located in Kapa’au.


The lowest priced home to sell in North Kohala was listed at $212,000 and sold for $192,800. It is located at 55-3429 Keawe Iki St in Hawi, while the lowest priced lot to sell went for $85,000 from a list price of $143,000. It is a 14,898 sq ft lot in Hawi.

Analysis: Sales volume and inventory levels in North Kohala continue to remain steady, keeping the house market in North Kohala in a balanced market. But if you are looking for raw land, lots are plentiful and North Kohala continues to be in Buyers’ Market.

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. You can read real estate market updates of other areas on the Kohala Coast on the Market Update Page of my website.

Highlights of the North Kohala Q2 2019 Market Update

  • Number of homes currently for sale – 57
  • Number of homes currently in escrow – 15
  • Number of land lots currently for sale - 122
  • Number of land lots currently in escrow - 4
  • Highest priced home currently for sale – $3,700,000 – 59-134 Kihi Kihi Pl, Kohala Waterfront
  • Highest priced land lot currently for sale - $18,500,000 – 498 Acres, Lokahi Rd, Kapa’au
  • Lowest priced home currently for sale – $110,000 - 53-4389 Akoni Pule Hwy, Kapa’au
  • Lowest priced land lot currently for sale - $159,900 – 3 Acres, Ka Nani Dr, Kohala Ranch
  • Number of homes sold in Q2 (Apr – Jun) – 21
  • Number of land lots sold in Q2 (Apr – Jun) - 12
  • Highest priced home sold in Q2 – $2,750,000 55-3287 Hoea Makai Rd, Hawi
  • Highest priced land lot sold in Q2 - $550,000 – 29.2 Acres, Kapa’au
  • Lowest priced home sold in Q2 - $192,800 - 55-3429 Keawe Iki St, Hawi
  • Lowest priced land lot sold in Q2 - $85,000 – 14,898 sq ft, Hawi Village, Hawi

If you enjoyed this update, you may like Kohala Market Update for August 2019.

Posted by Korby Matsen RB-21643 on September 29th, 2019 3:22 PM

Mauna Lani Point
The Kohala Coast is a spectacular area located on the west coast of the Big Island of Hawaii. The Big Island got its name to differentiate it between the State of Hawaii and the Island of Hawaii.

The Kohala Coast is split into two areas, North Kohala and South Kohala, with North Kohala covering the more rural northern end of the island, containing the small towns of Hawi and Kapa’au, as well as the Kohala Ranch communities.

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 the Market Update Page on my website.


View all homes for sale on the Kohala Coast. Instantly find out what your Kohala Coast Home is worth. Discover how our Vacation Rental Management Program can save you $1,000’s.

The number of single-family homes sold in August 2019 in Kohala increased slightly Colony Villasover last August, with 36 homes selling in August this year, up from 34 homes selling in August 2018. This boost came from the increase in sales volume in North Kohala, with the volume in North Kohala rising moderately from 2 homes sold in August 2018 to 7 homes this year, while South Kohala’s August 2019 number fell to 29 single-family homes from 32 homes last August. The number of condos sold in August 2019 also experienced a drop, with sales volume falling from the 2018 number, down from 37 units last August to 23 units this year.    

Although the numbers were mixed, the year to date volume in 2019 is down in all Mauna Lani Resort market segments. There were 232 single-family homes sold this year in Kohala, down from 248 homes being sold by this time in 2018.  This decrease was felt in both parts of Kohala with the number of single-family homes sold in North Kohala decreasing slightly, (from 48 homes in 2018 to 45 homes this year) while the sales volume in South Kohala had an even larger decrease (from 200 single-family homes sold last year to 187 homes this year). The year-to-date number of condos sold is also behind last year’s pace, falling from 222 units sold last year, to 217 units sold in 2019.

Although the decrease in the number of single-family homes sold in August 2019 was Kohala Coastfelt in all regions, the change in median sales price was not. The median sale price in North Kohala rose from $612,338 in August 2018 to an amazing $725,000 in August of this year, while in South Kohala, the median sales price experienced a slight decrease, falling from $577,500 in August 2018 to $565,000 in August this year. The condo market also experienced the downward slide in prices, with the August 2019 median sales price falling to $525,000 from $585,000 in August 2018.

As with the monthly sales volumes, the year-to-date median sales price also fell across Kohala Waterfrontall market segments, except North Kohala. The median year-to-date sales price in the condo market experienced the largest drop, falling a slight 0.95% from $525,000 in 2018 to $520,000 this year. Meanwhile, South Kohala’s single family home median sales price received an even smaller drop, decreasing 0.34% from $595,000 in 2018 to $593,000 this year. The single-family homes in North Kohala saw the only increase, rising 0.69%, from $864,000 in 2018 to $870,000 this year.


Analysis:
 
As we progress through 2019, both the monthly and year-to-date sales volumes have declined over the 2018 numbers. The price appreciation is also stagnant in most markets.

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.

August 2019 Kohala Coast Market Highlights

  • No. of single-family homes sold in North Kohala – 7
  • No. of single-family homes sold in South Kohala - 29
  • No. of condo units sold in South Kohala - 23
  • YTD No. of single-family homes sold in North Kohala – 45
  • YTD No. of single-family homes sold in South Kohala – 187
  • YTD No. of condo units sold in South Kohala - 217
  • Median sales price of a single-family home in North Kohala - $725,000
  • Median sales price of a single-family home in South Kohala - $565,000
  • Median sales price of a condo in South Kohala - $525,000
  • YTD median sales price of a single-family home in North Kohala - $870,000
  • YTD median sales price of a single-family home in South Kohala - $593,000
  • YTD median sales price of a condo in South Kohala - $520,000           

If you enjoyed this update, you might like Waikoloa Village Market Update for Q2 2019.

Posted by Korby Matsen RB-21643 on September 25th, 2019 10:01 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.

Mauna Lani Resort
Also, within the resort are two luxury hotels, the Auberge Resort, Mauna Lani (currently 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.

Here are two luxury homes currently available in the Mauna Lani Resort:

68-1005 Konane Ct, Kamuela, HI 96743
Mauna Lani Resort

Listing Details

Price: $4,888,000
Bedrooms: 5
Bathrooms: 5 full, 2 half
Sq Footage: 3,938

One of the Best Locations in 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. Click Here for More Details.

Mauna Lani Resort Mauna Lani Resort









You Will Love the Luxury Details This Home Has to Offer

The fabulous gourmet kitchen has both gas and electric Gaggenau cooktops, a Teppan 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.
Mauna Lani Resort Mauna Lani Resort









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 More Details.

68-1122 N Kaniku Drive, #217 Kamuela HI, 96743
Kamilo at Mauna Lani

Listing Details
Price: $1,788,000
Bedrooms: 3
Bathrooms: 3
Square Footage: 2491

Amazing Open Style Kitchen and Living Room

A wonderful opportunity for you to own a beautiful luxury home in KaMilo at Mauna Lani. This golf course frontage home comes with all the extras you would expect in a high-end property, including granite counter tops, stainless steel appliances and wood floors. The home is an entertainer’s dream with an open style living area and pocket doors that lead to your private lanai, for that true Hawaiian indoor/outdoor lifestyle. The lanai welcomes you with incredible views of the 11th Fairway of Mauna Lani North Golf Course and Kohala Mountain.
Kamilo at Mauna LaniKamilo at Mauna Lani









 Click here to see additional images of this luxury KaMilo Home.

Pocket Doors Create That True Indoor/Outdoor Hawaiian Experience

The gourmet kitchen of this duplex unit opens to the dining and living areas that makes for an entertainer’s dream. The lush tropical landscaping that surrounds the property is maintained by the association so it is maintenance free. This is one of the few golf course frontage homes on the market in Ka Milo. So whether you are looking for a year-round home, a vacation home, or an investment in the lucrative Vacation Rental market, don't let this opportunity pass you by. Click Here for Complete Details.
Ka Milo at Mauna LaniKa Milo at Mauna Lani









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

 

Posted by Korby Matsen RB-21643 on September 14th, 2019 11:56 AM

Kohala by the Sea
The Kohala Coast is a majestic 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. The Kohala Coast is split into two areas, North Kohala and South Kohala, with North Kohala covering the more rural northern end of the island, 
containing the small towns of Hawi and Kapa’au, as well as the Kohala Ranch communities on the south end. 

Tommy Bahamas
South Kohala
contains the world class resorts of Mauna Kea, Mauna Lani and Waikoloa Beach Resort’s, 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 what your Kohala Coast Home is worth. Discover how my Vacation Rental Management Program can save you $1000’s.

The number of single-family homes sold in July 2019 in Kohala had a slight increase over July 2018, with 35 homes selling in July of this year, up from 31 homes selling in Mauna Lani Resort July 2018. That increase in sales volume was felt in both the South Kohala market, as well as North Kohala.

The South Kohala market had an sales increase from 27 single-family homes sold in July 2018 to 28 homes this July, while in North Kohala, the number of homes sold increased from 4 homes to seven. The number of condos sold in July also experienced an increase, rising substantially from 14 units last year to 23 units in July of this year.  

This increase in the monthly numbers did not help to improve the year-to-date sales volume. There have been 194 single-family homes sold so far this year, down from Mauna Lani Resort 214 homes sold by this time in 2018.  The North Kohala year-to-date number is below the 46 homes sold in 2018, with 38 homes being sold this year. 

The South Kohala sales volume also has not caught up to the 2018 number, with 156 single-family homes selling this year, down from the 168 homes sold last year. The number of condos sold year-to-date continues to be a bright spot, with 194 units sold this year, up slightly from the 185 units sold in 2018.


Even with the increase in sales volume of single-family homes in July 2019 over July 2018 in both North and South Kohala, only South Kohala saw an increase in theVillages at Mauna Lani monthly median sales price. The median sale price in South Kohala increased marginally from $533,000 in July 2018 to $590,000 in July of this year, while in North Kohala, the median sales price in July 2018 decreased by a staggering $267,500, from $672,500 in July 2018 to $405,000 this July. This type of a wild swing in median sales price can be expected when dealing with very few sales. The condo market also experienced a slight downturn in price, with the July 2019 median sales price dropping to $513,500 from $519,000 in July 2018.

The year-to-date median sales price numbers were all negative this month, with North Ke KailaniKohala having a less dramatic change than the monthly number. North Kohala’s median year-to-date sales price went down a slight 1.82%, from $825,000 in 2018 to $810,000 this year. Meanwhile, South Kohala also felt a subtle downward change, with its median sales price dropping 1.11% from $599,000 in 2018 to $592,350 this year, while the condo market also had a similar downward change, dropping 1.06%, from $519,500 in 2018 to $513,000 this year.


Analysis:
Although the monthly sales volume numbers are up, the overall year-to-date numbers are down in all markets. Combine that with the slight drop in year-to-date median sales price in all markets, and in appears the market may be slowing down slightly. We will have to see in the coming months whether it is a pause, or a pattern.

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.

July 2019 Kohala Coast Market Highlights

  • No. of single-family homes sold in North Kohala – 7
  • No. of single-family homes sold in South Kohala - 28
  • No. of condo units sold in South Kohala - 23
  • YTD No. of single-family homes sold in North Kohala – 38
  • YTD No. of single-family homes sold in South Kohala – 156
  • YTD No. of condo units sold in South Kohala - 194
  • Median sales price of a single-family home in North Kohala - $405,000
  • Median sales price of a single-family home in South Kohala - $590,000
  • Median sales price of a condo in South Kohala - $513,000
  • 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 - $592,350
  • YTD median sales price of a condo in South Kohala - $513,000           

If you enjoyed this update, you may like Waikoloa Village Market Update for Q2 2019.

Posted by Korby Matsen RB-21643 on September 1st, 2019 1:27 PM

Waikoloa Village Golf
Waikoloa Village is a charming area 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 Village
Also, 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 world class beaches, Waikoloa Village is an affordable alternative for the savvy buyer looking for their Hawaiian Dream Home.


Search all homes for sale in Waikoloa Village. Instantly find out the value of your Waikoloa Village Home. Discover how to save you $1000’s with my Vacation Rental Management Program.

At the time of this writing (Aug 15th), there were 23 homes for sale and 16 homes in Waikoloa Villageescrow in Waikoloa Village, while there were 13 condos for sale and 11 in escrow. Of the homes for sale, the highest price one is currently listed at $825,000, and is located at 68-3529 Haena St. The highest priced condo currently on the market is listed at $630,000 and is Unit 23 at the Pointe at Waikoloa.

At the other end of the spectrum, the lowest priced home on the market is located at 68-2020 Lina Poepoe St and is listed $424,000. While the lowest priced condo currently on the market is listed at $248,900 and is Unit A103 in the Fairway Terrace.

Waikoloa VillageWhen it comes to sales in the 2nd Quarter, the number of homes sold in Waikoloa Village was outpaced by the number of condos sold. In this time frame from April 2019 through June 2019 there were 23 homes sold in Waikoloa Village, while 31 condos were sold.

Of the homes sold, the highest priced one is located at 68-1891 Kawika Pl and sold for $770,000, from a list price of $799,500. The highest priced condo sold for $380,000, from a list price of the same amount and is Unit #A205 in Waikoloa Fairways.

Waikoloa Village
The lowest priced home selling during the 2nd Quarter is a home located at 68-1706 Kaiaulu Pl and it sold for the low price of $325,000, from a list price of the same amount, while the condo with the lowest sale price went for $185,000 from a list price $179,000, and is located in, once again, Fairway Terrace, Unit E205.



Analysis:
Although the sales of single-family homes have slowed slightly from the sizzling pace of 2018, we are still in a low inventory market in Waikoloa Village. The overall inventory of single-family homes is still hovering at about a 2 to 3-month supply. Conversely, sales volume of condos has only increased this year, leaving the inventory at only a 1-month supply, just 13 units. These numbers reflect the fact that Waikoloa Village is rooted firmly in a Sellers’ Market.

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 a reality. Mahalo

Highlights of the Q2 Waikoloa Village Market Update 

  • Number of homes currently for sale – 23
  • Number of homes currently in escrow - 16
  • Number of condos currently for sale – 13
  • Number of condos currently in escrow - 11
  • Highest priced home currently for sale – $825,000 68-3529 Haena St
  • Highest priced condo currently for sale - $630,000 Pointe at Waikoloa #23
  • Lowest priced home currently for sale – $424,000 68-2020 Lina Poepoe St
  • Lowest priced condo currently for sale - $248,900 Fairway Terrace A102
  • Number of homes sold in Q2 (Apr – Jun) – 23
  • Number of condos sold in Q2 (Apr – Jun) – 31
  • Highest priced home sold in Q2 – $770,000 68-1891 Kawika Pl
  • Highest priced condo sold in Q2 - $380,000 Waikoloa Fairways A206
  • Lowest priced home sold in Q2 – $325,000 68-1706 Kaiaulu Pl
  • Lowest priced condo sold in Q2 - $185,000 Elima Lani Condos #2507

If you enjoyed this update, you may like Kohala Coast Market Update for June 2019.

Posted by Korby Matsen RB-21643 on August 25th, 2019 1:24 PM

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 luxurious homes located in Mauna Kea Resort are second to none, with everything Mauna Kea Resortfrom private oceanfront estates to condos with sweeping ocean views.  The Mauna Kea Resort also offers its resident’s 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 Bar, Clambake and the Manta & Pavilion Wine Bar.



Search all homes for sale in the Mauna Kea Resort. Instantly find out what your Mauna Kea Home is worth. Discover more about my Vacation Rental Management Program.

Mauna Kea ResortAt the time of this writing (Aug. 2nd), there were 7 single-family homes for sale and one in escrow in the Mauna Kea Resort, with 4 condos for sale and 2 in escrow. Of the homes for sale, the highest priced one on the market has recently been reduced to $9,995,000, and is located at 62-3692 Kiekiena Pl, in the Bluffs at Mauna Kea community, while the highest priced condo on the market is listed at $1,249,000 and is Unit #I101 in Waiulaula at Mauna Kea.

Mauna Kea ResortAt the other end of the spectrum, the lowest priced single-family home for sale in Mauna Kea Resort is located at 62-3997 Moani Pikake Ct, in Moani Heights and is listed at $1,975,000, while the lowest priced condo on the market is priced at $789,000 and is Unit J1 in Kumulani at the Uplands at Mauna Kea.

Sales volume has jumped up in the Mauna Kea Resort, with 6 single-family homes and 4 condos being sold in the 2nd quarter of 2019. In this time from April 2019 through June 2019, the highest priced home sold is located at 62-3460 Aloalii Pl, in the Mauna Kea Fairways North community and sold for $3,225,000 from a list price of the same amount.

Mauna Kea Resort
The lowest priced home sold for $1,650,000 from a list price of the same amount, and is located at 62-3685 Leihulu Pl, in Mauna kea Fairways South. In the condo market, the highest priced condo to sell during the 2nd quarter sold for $2,500,000 from a list price of $2,700,000 and is Unit #10A in Halia Hale at Kaunaoa, while the lowest priced condo sold for $837,000 from a list price of $879,000 and is Unit #14 at Kumulani at the Uplands at Mauna Kea.

Analysis: After three quarters of no single-family home sales, the sales volume in the Mauna Kea Resort rebounded significantly. Condo sales have also come back in 2019 after a slow second half of 2018. It is safe to say that Mauna Kea Resort is currently in a low inventory environment, so it well be tough to sustain these increased sale volumes.

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

Highlights of the Q2 2019 Mauna Kea Market Update 

  • Number of single-family homes currently for sale – 7
  • Number of single-family homes currently in escrow - 2
  • Number of condos currently for sale – 4
  • Number of condos currently in escrow - 2
  • Highest priced home currently for sale – $9,995,000 - 62-3692 Kiekiena Place, Bluffs at Mauna Kea
  • Highest priced condo currently for sale - $1,249,000 Waiulaula at Mauna Kea #J101
  • Lowest priced home currently for sale – $1,975,000 - 62-3997 Moani Pikake Ct, Moani Heights
  • Lowest priced condo currently for sale - $789,000 Kumulani at the Uplands at Mauna Kea
  • Number of homes sold in Q2 (Apr – Jun) – 6
  • Number of condos sold in Q2 (Apr – Jun) – 4
  • Highest priced home sold in Q2 – $3,225,000 – 62-3460 Aloalii Pl, Mauan Kea Fairways North
  • Highest priced condo sold in Q2 - $2,500,000 Halia Hale at Kaunaoa #10A
  • Lowest priced home sold in Q2 – $1,650,000 62-3685 Leihulu Pl, Mauna Kea Fairways South
  • Lowest priced condo sold in Q2 - $837,000 Kumulani at the Uplands at Mauna Kea #J1

 If you enjoyed this update, you might like Kohala Market Update for June 2019.

Posted by Korby Matsen RB-21643 on August 4th, 2019 2:13 PM

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