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Kohala Coast Real Estate News

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

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 ofNorth Kohala beautiful homes, from small starter homes to large estates, many with stunning ocean views. The southern end of North Kohala is where the gated communities of Kohala Ranch are located, containing many luxury homes with large lots, as well as many acreages 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 feature panoramic ocean views.

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

At the time of this writing (May 25th), there were 40 single-family homes for sale in North Kohala, with 11 homes in escrow. There are also an incredible 96 land lots for North Kohalasale, with 4 of them in escrow.  There are no condos located in North Kohala, so statistics for that market segment do not exist.

Of the homes for sale in North Kohala, the highest priced one is a listed at $6,590,000 and is located at 56-3083 Puakea Bay Rd, in the Puakea Bay Ranch community. For you bargain hunters, the lowest priced home on the market is located at 54-4252 Akoni Pule Hwy in Kapa’au and is listed at the low price of $297,000.

In the land lot market segment, the highest priced lot currently for sale in North Kohala is an enormous 457-acre parcel located on Lokai Rd in Kapa’au and is listed at a cool $15,500,000. At the other end of the spectrum, the lot with the lowest price is listed at $140,000 and is a 1/2-acre plot on Akoni Pule Hwy in Kapa'au.

Kohala RanchSales slowed slightly in North Kohala during the Q1 time frame of January through March 2020, with 16 single-family homes being sold. The highest priced of the homes sold is located at 59-193 Kohala Ranch Rd, in Kohala Ranch and it sold for $2,722,000, from list price of $2,750,000. The lowest priced home to sell in North Kohala went for $308,655 from a list price or $329,900. It is located at 54-2253 Kynnersley Rd in Kapa’au.

In the land market segment, there were 9 lots sold in Q1 of 2020 in North Kohala. The highest price lot sold for $654,300 from a list price of $695,000 and is a 30-acre parcel located on Lahuiki Pl in Hawi. The lowest priced lot to sell in Q1 is a 3.5-acre lot in Kohala Ranch and it sold for $120,000 from a list price of $129,000.

Kohala RanchAnalysis: Sales and inventory levels of single-family homes were down marginally in North Kohala during the 1st Quarter of 2020, which is counter of what we have seen in other markets on the Kohala Coast. While the inventory level of lots is down slightly, sales volume has remained steady. It remains to be seen if how the ongoing pandemic will affect these numbers in the months ahead.

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 market updates of other areas on the Kohala Coast on the Market Update Page of my website.

Highlights of the North Kohala 2020 Q1 Market Update

  • Number of homes currently for sale – 40
  • Number of homes currently in escrow – 11
  • Number of land lots for sale – 96
  • Number of land lots in escrow - 4
  • Highest priced home currently for sale – $6,590,000 - 56-3083 Puakea Bay Rd.
  • Lowest priced home currently for sale – $297,000 - 53-4252 Akoni Pule Hwy, Kapaau
  • Highest priced land lot for sale - $15,500,000 – 457 acres, Lokai Rd, Hawi
  • Lowest priced land lot for sale - $140,000 – 1/2 acre, Akoni Pule Hwy, Kapaau
  • Number of homes sold in Q1 (Jan – Mar) – 16
  • Number of land lots sold in Q1 (Jan – Mar) - 9
  • Highest priced home sold in Q1 - $2,722,500 – 59-193 Kohala Ranch Rd, Kohala Ranch
  • Lowest priced home sold in Q1 – $308,655 – 54-2253 Kynnersley Rd, Kapaau
  • Highest priced land lot sold in Q1 - $654,300 – 30 acres, Lahuiki Pl, Hawi
  • Lowest priced land lot sold in Q1 - $120,000 – 3.5 acres Kohala Ranch

If you enjoyed this update, you may like Kohala Market Update for April 2020.

Posted by Korby Matsen on June 21st, 2020 1:12 PM

Puako Beach
The Kohala Coast is a spectacular 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 at the south end.  

Queens Marketplace
South Kohala
begins just south of Kohala Ranch and 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 the value of your Kohala Coast Home. Discover how my 
Vacation Rental Management Program can save you $1,000’s. 

The number of single-family homes sold in April 2020 in Kohala dropped noticeably Waikoloa Beach Resortover April last year, with 20 single-family homes selling this year, down from 30 homes selling in April 2019. The sales volume decrease was felt in all Kohala, with South Kohala decreasing by 7 homes (down from 23 homes to 16). The volume in North Kohala fell a little less, from 7 homes sold to just 4 homes. The number of South Kohala condos sold year over year in April experienced the biggest drop, falling from 40 units last year to just 10 units this April.  

The year-to-date sales volume in the Kohala single-family home markets still Puako Beachremained positive in 2020, despite the April drop-off, with 121 single-family homes being sold this year in Kohala, up from 94 homes sold by this time in 2019.  The sales volume of single-family homes in North Kohala increased slightly, from 17 homes sold in 2019, to 20 homes this year. South Kohala’s year-to-date volume also experienced an increase over last year, with 101 homes being sold this year, up from 77 homes in 2019. The number of condos sold year-to-date did not enjoy the same increase, with 89 units sold this year, down from 116 units sold in 2019.

While the volume of single-family homes sold in April 2020 was down compared to Kohala CoastApril 2019 in all market segments of Kohala, the change in median sales price was in the other direction. The median sale price in South Kohala had a noticeable increase, from $650,000 in April 2019 to $722,500 in April this year, while in North Kohala, the median sales price in April 2020 rose to $763,500 from $649,000 in April 2019. The condo market also saw their median price rise, increasing from $538,000 last year to $614,000 in April 2020.


The year-to-date numbers did not fare as well as the monthly numbers. North Big Island MapKohala’s year-to-date median sales price decreased 17.89%, from $1,023,000 in 2019 to $840,000 this year. The single-family home market in South Kohala saw a less dramatic decrease, from $628,000 in 2019 to $590,000 this year, a change of 5.98%. The condo market saw a surprising change in the other direction, with the year-to-date median sales price rising an amazing 21.53%, from $518,000 in 2019 to $629,500 this year.


Analysis
: Even though the monthly numbers were down, a strong first quarter was able to keep the year-to-date numbers positive. It remains to be seen how the economic headwinds of the pandemic will affect the market in the months to come.
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. You can read market updates from the different areas of the Kohala Coast on the Market Updates Page of my website.  Mahalo.

April 2020 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala – 4
  • No. of single-family homes sold in South Kohala - 16
  • No. of condo units sold in South Kohala - 10
  • YTD No. of single-family homes sold in North Kohala – 20
  • YTD No. of single-family homes sold in South Kohala – 101
  • YTD No. of condo units sold in South Kohala - 89
  • Median sales price of a single-family home in North Kohala - $763,500
  • Median sales price of a single-family home in South Kohala - $722,500
  • Median sales price of a condo in South Kohala - $614,500
  • YTD median sales price of a single-family home in North Kohala - $840,000
  • YTD median sales price of a single-family home in South Kohala - $590,000
  • YTD median sales price of a condo in South Kohala - $629,500

If you enjoyed this update, you might like Waikoloa Beach Resort Market Update for Q1 2020.

Posted by Korby Matsen on May 17th, 2020 9:18 AM

Fairmont Orchid Hotel
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 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 historic towns of Hawi and Kapa’au, and the Kohala Ranch communities farther south.

Kamilo at Mauna LaniSouth Kohala covers the large, 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 February 2020 rose slightly Kamilo at Mauna Laniover February 2019, with 23 homes selling in February 2019, up to 28 homes this year. That increase was felt in all market segments, as the sales volume in North Kohala increased from 1 home sold in February 2019 to 3 homes sold this year, while the volume in South Kohala rose from 22 homes last year to 25 homes this February. The number of condos sold year over year in February remained the same at 24 units both years.


With February only being the second month of the year, the overall year-to-date volume in Kohala is not yet a significant number, but it is still up significantly over last year, with 65 single-family homes being sold so far in 2020, as opposed to 39 homes being sold by this time last year. As with the February monthly number, this increase was felt in both North and South Kohala sales volume.

Kamilo at Mauna Lani

The North Kohala volume increased from 4 homes in 2019 to 10 homes sold this year, while in South Kohala the year-to-date sales volume jumped from 34 homes sold in 2019 to 55 homes this year. The number of condos sold year-to-date was up slightly, rising from 48 units sold last year, to 50 units sold in 2020.


Although the sales volume numbers were for the most part up, the median sales price Kamilo at Mauna Laniwas a mixed bag, falling in the South Kohala market but rising dramatically in North Kohala. The median sale price of a single-family home in South Kohala fell from $690,000 in February 2019 to $565,000 in February of this year, while in North Kohala, the median sales price in February 2020 rose to $999,950 from $407,500 in February 2019. The condo market in South Kohala also experienced a price decrease, with the February 2020 median sales price falling to $407,500 from $474,500 in February 2019.

Although the monthly median sales prices were kind of a mixed bag, the year-to-date Big Island Mapnumbers were up in all market segments. The median year-to-date sales price in the South Kohala condo market rose a slight 2.74% from $474,500 in 2019 to $487,000 this year. South Kohala single-family homes experienced the largest rise for its median sales price, increasing 13.79% from $580,000 in 2019 to $660,000 this year. North Kohala also experienced a similar increase, rising 12.00%, from $750,000 in 2019 to $839,975 this year.


Analysis:
Sales volume in all market segments has been fairly steady through the last half of 2019 and the beginning of 2020, while price appreciation has remained flat. February showed signs of acceleration in both sales volume and price appreciation, but that may come to a quick end with the onset of the coronavirus crisis. There are uncertain times coming in the month ahead.
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. If you currently own a vacation home or a vacation rental, find out how you can save thousands in management fees with our Vacation Rental Management Program. Mahalo.

February 2020 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala - 3
  • No. of single-family homes sold in South Kohala - 25
  • No. of condo units sold in South Kohala - 24
  • YTD No. of single-family homes sold in North Kohala – 10
  • YTD No. of single-family homes sold in South Kohala – 55
  • YTD No. of condo units sold in South Kohala - 50
  • Median sales price of a single-family home in North Kohala - $999,950
  • Median sales price of a single-family home in South Kohala - $565,000
  • Median sales price of a condo in South Kohala - $407,500
  • YTD median sales price of a single-family home in North Kohala - $839,975
  • YTD median sales price of a single-family home in South Kohala - $660,000
  • YTD median sales price of a condo in South Kohala - $487,000

 If you enjoyed this update, you may like Mauna Lani Resort Real Estate Update for Q4 2019.

Posted by Korby Matsen on March 29th, 2020 12:13 PM

Kohala Coast
North Kohala
is a beautiful tropical area located at the northern tip of the Big Island of Hawaii and 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.

Hawi
The 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 North Kohalabeautiful 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 with 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.

At the time of this writing (Mar 10th), there were 55 single-family homes for sale, with Hawi9 homes in escrow in North Kohala, and 115 land lots for sale, with 4 in escrow. Since there are no condos located in North Kohala, so we have no statistics for that market segment. Of the homes for sale, the highest priced one is listed at $6,590,000, and is located at 56-3083 Puakea Bay Dr in the Puakea Bay Ranch community.


The highest priced land lot on the market is on Kai Nui Pl. It is a 28-acre lot in Kohala Kohala CoastKai, that is listed at $11,500,000. At the other end of the spectrum, the lowest priced home on the market is located at 53-4252 Akoni Pule Hwy in Kapa’au, and is listed at the low price of $297,500, while the lowest priced land lot for sale is a 1/2 -acre lot in Nuilii Village, Kapa’au and is listed at $140,000.

Sales in North Kohala of both homes and raw land have remained steady throughout most of 2019. In the Q4 time frame of October 1st through December 31st, there were 22 single-family homes sold in North Kohala. The highest priced home to sell is located at 59-328 Puamale Pl, in Kohala Ranch. It was listed at $1,899,000 and sold for $1,750,000.

Kohala Coast
The highest priced land lot to sell went for $725,000 from a list price of $949,000 and is a 20-acre parcel at 54-2263 Kynnersley Rd in Kapa’au. The lowest priced home to sell in North Kohala is located at 53-4389 Akoni Pule Hwy in Kapa’au. It sold for $128,000 from a list price of $110,000. While the lowest priced land lot sold for $180,000 from a list price of $169,000. It is a 1 1/4-acre parcel in Kohala By-the-Sea.


Analysis:
The sales of single-family homes and raw land in North Kohala has remained consistent throughout most of 2019. The inventory of single-family homes throughout 2019 has kept the market on a fine line between a Balanced Market and a Buyers’ Market, while the raw land market remains firmly a Buyer’s Market, 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 2019 Q4 Market Update

  • Number of homes currently for sale – 55
  • Number of homes currently in escrow - 9
  • Number of land lots currently for sale – 115
  • Number of land lots currently in escrow - 4
  • Highest priced home currently for sale – $6,590,000 / 59-328 Puakea Bay Dr, Puakea Bay Ranch
  • Highest priced land lot currently for sale - $11,500,000 / Kai Nui Pl, 24 acres, Kohala Kai
  • Lowest priced home currently for sale – $297,000 / 53-4252 Akoni Pule Hwy, Kapa’au
  • Lowest priced land lot currently for sale - $140,000 / Nuilii Village ½-acre, Kapa’au
  • Number of homes sold in Q4 (Oct – Dec) – 22
  • Number of land lots sold in Q4 (Oct – Dec) - 11
  • Highest priced home sold in Q4 – $1,750,000 / 59-328 Puamale Pl, Kohala Ranch
  • Highest priced land lot sold in Q4 - $725,000 / 54-2263 Kynnersley Rd, 20-acres, Kapa’au
  • Lowest priced home sold in Q4 – $128,000 / 53-4389 Akoni Pule Hwy, Kapa’au
  • Lowest price land lot sold in Q4 - $180,000 / Kohala By-the-Sea, 1.24-acres

If you enjoyed this update, you may like Waikoloa Village Market Update for Q4 2019.

Posted by Korby Matsen on March 14th, 2020 2:03 PM

Mauna Lani Resort
The Kohala Coast is a magnificent area located on the west coast of the Big Island of Hawaii. The Big Island received that 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, that includes the two small towns of Hawi and Kapa’au, as well as the Kohala Ranch communities at the southern end.

Mauna Lani Resort
South Kohala
, which begins just south of Kohala Ranch, 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 the value of your Kohala Coast Home
Discover how our Vacation Rental Management Program can save you $1000’s.

The number of single-family homes sold in Kohala in December 2019 increased Ka Milo at Mauna Lanislightly from December 2018, with 31 homes selling in December this year, up from 29 homes sold in 2018. This rise in sales volume only happened in South Kohala, with North Kohala having a minor decrease from 7 homes sold to 6. The condo market also experienced a decline, with the number of units sold decreasing substantially year over year in December from 27 to 19 units.  

As with the December numbers, the year-to-date sales volume increased slightly in 2019 over 2018, from 343 single-family homes sold last year to 349 homes sold this year. This overall increase happened in both parts of Kohala, as the number of single-family homes in North Kohala increased from 67 homes sold in 2018 to 72 this year.

Puako BeachSouth Kohala, experienced a an even smaller increase, rising just one unit, from 276 homes last year to 277 homes sold this year. The condo market experienced a slight change in the other direction, with year-to-date sales volume falling from 304 units sold in 2018, to 299 units sold this year.

Even though the volume of single-family homes sold in December 2019 was up slightly in Kohala from December 2018, the change in median sales price was mixed. The median sale price in South Kohala was up a healthy $45,750, from $603,250 in December 2018 to $649,000 in December 2019, while in North Kohala, the median sales price in December 2019 decreased to $662,500 from $689,000 in December 2018.

Along with its decrease in sales volume, the condo market also experienced a dramatic decrease in median sales price, with the December 2019 median sales price decreasing to $599,000 from $669,500 in December 2018.

The 2019 year-to-date median sales price numbers in Kohala all had marginal Big Island Mapchanges, with the single-family homes in North Kohala having the largest change, falling a modest 4.97% from $755,000 in 2018 to $717,500 this year. The single-family homes in South Kohala had a slight movement in the other direction, increasing just 0.50%, from $596,000 in 2018 to $599,000 this year. Meanwhile, the condo market year-to-date number was also slight change, falling just 0.37% from $540,000 in 2018 to $538,000 this year.


Analysis
: With almost all market and statistical segments having incremental movements in one direction or the other, I would have to describe the current market as stagnant. The 2019 numbers are almost the same as the 2018 numbers. It remains to be seen if this is a “pause” in the market, 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 2019 Kohala Coast Market Highlights

  • No. of single-family homes sold in North Kohala – 6
  • No. of single-family homes sold in South Kohala - 25
  • No. of condo units sold in Kohala - 19
  • YTD No. of single-family homes sold in North Kohala – 72
  • YTD No. of single-family homes sold in South Kohala – 277
  • YTD No. of condo units sold in South Kohala - 299
  • Median sales price of a single-family home in North Kohala - $662,500
  • Median sales price of a single-family home in South Kohala - $649,000
  • Median sales price of a condo in South Kohala - $599,000
  • YTD median sales price of a single-family home in North Kohala - $717,500 down 4.97%
  • YTD median sales price of a single-family home in South Kohala - $596,000 up 0.50%
  • YTD median sales price of a condo in South Kohala - $538,000 down 0.37%

If you enjoyed this update, you might enjoy Mauna Lani Resort Update for Q4 2019.

Posted by Korby Matsen on January 26th, 2020 1:09 PM

Kohala Coast
North Kohala is the 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 Hawismall shops, and restaurants, including the famous Bamboo Restaurant. Hawi is also the 2nd office location of Hawaii Luxury Real Estate.

The other small town,Kapaa’u 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.

 

Kohala Coast
North Kohala
contains miles of pastoral, undevelop
ed 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 with large lots, as well as many large lots where you can build your own Hawaiian dream home.


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

At the time of this writing (Dec 1st), there were 53 single-family homes for sale in theKohala Ranch North Kohala area and 13 homes in escrow. There are no condos located in North Kohala, so we do not collect statistics on them, but raw land is plentiful. There are currently 120 land lots for sale with 7 lots in escrow. Of the homes for sale in North Kohala, the highest priced one is listed at $3,700,000, and is located at 59-134 Kihi Kihi Pl in Kohala Waterfront.

At the other end of the spectrum, the lowest priced home on the market is located at 54-3745 Akoni Pule Hwy in Kapa’au and is listed at the low price of $215,000. The Kohala Ranchhighest priced land lot for sale is a 28.18-acre lot in the Kohala Kai Development and is priced at $11,500,000, while the lowest priced one is a 3.22-acre lot in Kohala Ranch priced at $158,000. 

Sales in the Q3 time frame of July through September 2019 continue to be strong, with 20 single-family homes selling in North Kohala during this time. The highest priced single-family home to sell is located at 59-137 Kihi Kihi Place, in the Kohala Waterfront subdivision. It was listed at $2,495,000 and sold for $2,425,000. The Kohala Coastlowest priced single-family home to sell in North Kohala was listed at $300,000 and sold for the same price. It is located at 53-4162 Akoni Pule Hwy, in Kapa’au.

In the North Kohala raw land market, there were 13 lots sold in Q3. The highest priced one to sell is a 28.31-acre lot in Kapa’au that sold for $625,000 from a list price of the same amount. The lowest priced lot to sell was a 3.33-acre lot in Kohala Ranch. It sold for $120,000 from a list price of $139,000.

Analysis: After a slow start at the beginning of the year, the last two quarters have seen strong sales of single-family homes in North Kohala. However, the strong sales have not reduced the inventory levels significantly, keeping the single-family home segment in a Balanced Market. There continues to be plenty of inventory raw land, giving buyers plenty to choose from, and keeping the segment firmly in a 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 market updates of other areas on the Kohala Coast on my Market Update Page. Mahalo.

Highlights of the North Kohala 2019 Q3 Market Update

  • Number of Homes currently for sale – 52
  • Number of homes currently in escrow – 12
  • Number of land lots for sale – 120
  • Number of land lots in escrow - 7
  • Highest priced home for sale – $3.700,000 – 59-134 Kihiu Kihi Pl
  • Lowest priced home for sale – $215,000 – 54-3745 Akoni Pule Hwy
  • Highest priced land lot for sale - $11,500,000 – 28.18 Acres, Kohala Kai Dev.
  • Lowest priced land lot for sale - $158,000 – 3.22 Acres. Kohala Ranch
  • Number of homes sold in Q3 (July – Sept) -20
  • Number of land lots sold in Q3 (July – Sept) - 13
  • Highest priced home sold in Q3 – $2,426,000 59-137 Kihi Kihi pl, Kohala Waterfront
  • Lowest priced home sold in Q3 – $300,000 – 53-4162 Akoni Pule Hwy, Kapa’au
  • Highest priced land lot sold in Q3 - $625,000 – 28.18 Acres, Kapa’au
  • Lowest priced land lot sold in Q3 - $120,000 – 3.33 Acres, Kohala Ranch

If you enjoyed this update, you may like Waikoloa Village Real Estate Update for Q3 2019.

Posted by Korby Matsen on December 30th, 2019 11:55 AM

Puako Beach
The Kohala Coast is the 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 made up of two regions, North Kohala and South Kohala, with North Kohala covering the more rural, northern end of the island, including the small towns of Hawi and Kapa’au, as well as the Kohala Ranch communities 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.


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

Mauna Lani Resort The number of single-family homes sold in October 2019 on the Kohala Coast increased substantially from last October, with 35 homes selling in October 2019, up from 24 homes last year. That increase was felt in both South Kohala, with 27 single-family homes selling, up from 19, and North Kohala, with 8 homes selling, up from 5 homes. The condo market also experienced an increase, rising from 17 units sold in October 2018 to 26 units this October.  


Although there was an increase in sales volume in October 2019, the overall year-to-date sales volume on the Kohala Coast has been somewhat stagnant in 2019, with 290 single-family homes being sold this year, down slightly from the 292 homes sold this time last year.

Kohala CoastThe number of single-family homes in North Kohala increased slightly from 56 homes sold by this time last year to 59 homes this year, and South Kohala saw a slight reduction, with the number of single-family homes falling from 263 homes last year to 231 homes sold this year. The number of condos sold year-to-date enjoyed a small increase, rising to 263 units sold this year from 260 units sold in 2018.

The change in median price this October over last year was, however, a mixed bag. The median sale price in North Kohala experienced a spectacular decrease, falling from $1,169,000 in October 2018 to $730,000 in October of this year. This type of wild change in median sales price is quite common in a low sales volume environment such as North Kohala.

The South Kohala median sales price in October 2019, however, saw a small increase, rising to $599,000 this year from $580,000 in October 2018. The condo market median sales price enjoyed the largest gains, rising from $508,500 in October 2018 to $720,000 this year.

Even with the mixed bag of numbers in October’s median sales price, all market Kohala Coastsegments remained relatively the same as last year in their year-to-date numbers. Single-family homes in North Kohala saw the only decrease, however small, in their year-to-date median sales price, falling an ever so slight 0.61% from $825,000 in 2018 to $820,000 this year, while the single-family homes in South Kohala remained the same, staying at $595,000 in both years. The condo market experienced the only increase in its year-to-date median sales price, rising just 1.34% from $522,000 in 2018 to $529,000 this year.

Analysis: October was the first time in many months that we saw a significant increase in sales volume. It was not, however, enough to overcome the flat year-to-date volume in 2019. And except for the usually wild fluctuations in North Kohala, the median sales price has also remained flat throughout the year. As we head into the busy winter season, it remains to be seen if 2019 is a pause in the market, 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.

October 2019 Market Highlights

  • No. of single-family homes sold in North Kohala – 5
  • No. of single-family homes sold in South Kohala - 27
  • No. of condo units sold in Kohala - 26
  • YTD No. of single-family homes sold in North Kohala – 59
  • YTD No. of single-family homes sold in South Kohala – 231
  • YTD No. of condo units sold in Kohala - 263
  • Median sales price of a single-family home in North Kohala - $730,000
  • Median sales price of a single-family home in South Kohala - $599,000
  • Median sales price of a condo in Kohala - $720,000
  • YTD median sales price of a single-family home in North Kohala - $820,000
  • YTD median sales price of a single-family home in South Kohala - $595,000
  • YTD median sales price of a condo in Kohala - $529,000

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

Posted by Korby Matsen on November 24th, 2019 1:36 PM

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 on September 29th, 2019 3:22 PM

North Kohala
North Kohala is the majestic area located at the northern tip of the Big Island of Hawaii and the home to the two small towns of Hawi and Kapa’au. Hawi is most famous for being the turnaround point for the bicycle portion of the annual Ironman World Championship held in 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.

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.

Hawi Farmers MarketNorth Kohala contains miles of pastoral, undeveloped land, as well as a variety of beautiful homes, from small starter homes to large estates, many with stunning ocean views. The southern end of North Kohala is where the gated communities of Kohala Ranch are located, 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 area. Instantly find out what your Kohala Coast Home is worth.

At the time of this writing (May 25th), there were 54 single-family homes for sale in North Kohala, with 13 homes in escrow. There are also an amazing 128 land lots for North Kohalasale, with 10 lots in escrow.  There are no condos located in North Kohala, so statistics for that market segment do not exist.

Of the homes for sale in North Kohala, the highest priced one is listed at $3,700,000 and is located at 59-134 Kihi Kihi Pl, in the Kohala Waterfront community. For you bargain hunters, the lowest priced home on the market is located at 54-3745 Akoni Pule Hwy in Kapa’au, and it is listed by Hawaii Luxury Real Estate at the low price of $225,000.

Kohala CoastIn the land lot market segment, the highest priced lot currently for sale in North Kohala is an enormous 498 acres located on Lokai Rd in Kapa’au and it is listed at a cool $18,500,000. At the other end of the spectrum, there are two land lots with the lowest price. They are both listed at $159,000 and are both 3-acre lots located in Kohala Ranch.

Sales slowed slightly in North Kohala in the last half of 2018, and in the Q1 time frame of January through March 2019 that trend continued, with just 10 single-family homes being sold. The highest priced of the homes sold is located at 59-1086 Maluhi Pl, in Kohala Ranch and it sold for $2,330,000, from list price of $2,799,000. The North Kohalalowest priced home to sell in North Kohala went for $265,000 from a list price or $289,000. It is located at 54-2530 Kynnersley Rd in Kapa’au.

In the land market segment, there were 9 lots sold in Q1 of 2019 in North Kohala. The highest price lot sold for $675,000 from a list price of the same amount and is a 22-acre parcel located on Kynnersley Rd in Kapaau. The lowest priced lot to sell in Q1 is a ¼ acre lot located on Hawi Rd in Hawi, and it sold for $169,000 from a list price of $175,000.

Analysis: With inventory rising slightly and sales slowing slightly, the single-family home market in North Kohala seems to be heading back into a Buyers’ Market. And of course, if you are looking for some land in North Kohala, you have an abundance of inventory to choose from.

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 market updates of other areas on the Kohala Coast on the Market Update Page of my website.

Highlights of the North Kohala 2019 Q1 Market Update

  • Number of homes currently for sale – 54
  • Number of homes currently in escrow – 13
  • Number of land lots for sale – 128
  • Number of land lots in escrow - 10
  • Highest priced home currently for sale – $3,700,000 – 59-134 Kihi Kihi Pl, Kohala Waterfront
  • Lowest priced home currently for sale – $225,000 - 54-3745 Akoni Pule Hwy, Kapaau
  • Highest priced land lot for sale - $18,500,000 – 498 acres, Lokai Rd, Hawi
  • Lowest priced land lot for sale - $159,000 – 3 acres, Kohala Ranch
  • Number of homes sold in Q1 (Jan – Mar) – 10
  • Number of land lots sold in Q1 (Jan – Mar) - 9
  • Highest priced home sold in Q1 - $2,330,000 – 59-1086 Maluhi Pl, Kohala Ranch
  • Lowest priced home sold in Q1 – $265,000 – 55-2530 Kynnersley Rd, Kapaau
  • Highest priced land lot sold in Q1 - $675,000 – 22 acres, Kynnersley Rd, Kapaau
  • Lowest priced land lot sold in Q1 - $169,000 –1/4 acre, Hawi Rd, Hawi

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

Posted by Korby Matsen on June 2nd, 2019 12:19 PM

Kohala Ranch
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 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 historic towns of Hawi and Kapa’au, and the Kohala Ranch communities farther south.

Ke Kailani
South Kohala covers the large, 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 February 2019 rose slightlyKohala waterfront over February 2018, with 21 homes selling in February 2018, up to 23 homes this year. That increase was not felt in all market segments, as the sales volume in North Kohala decreased from 7 homes sold in February 2018 to just one home this year, while the volume in South Kohala picked up the slack, rising from 14 homes last year to 22 homes this February. The number of condos sold year over year in February remained the same at 22 units both years.

Puako Beach
With February only being the second month of the year, the overall year-to-date volume is not yet a significant number, but it is still down over last year, with 39 single-family homes homes being sold so far in 2019, as opposed to 47 homes being sold by this time last year. As with the February monthly number, this decrease can be attributed to the drop in the North Kohala sales volume.


The North Kohala volume fell from 13 homes in 2018 to just 5 homes sold this year, while in South Kohala the year-to-date sales volume held its ground at 34 homes sold in both years. The number of condos sold year-to-date was up slightly, rising from 44 units sold last year, to 46 units sold in 2019.

As with sales volume numbers, the median sales price was also a mixed bag, rising in the South Kohala markets but falling in North Kohala. The median sale price of a Kohala sunsetsingle-family home in South Kohala rose from $681,000 in February 2018 to $712,000 in February of this year, while in North Kohala, the median sales price in February 2019 fell to $407,500 from $600,000 in February 2018. The condo market in South Kohala also experienced a slight price increase, with the February 2019 median sales price rising to $474,500 from $422,000 in February 2018.

Although the monthly median sales prices were up in the South Kohala markets but down in North Kohala, the year-to-date numbers were the opposite. The median year-to-date sales price in the South Kohala condo market fell a modest 4.53% from $497,000 in 2018 to $474,500 this year.

Big Island Map
South Kohala
single-family homes experienced the largest drop for its median sales price, decreasing 14.97% from $677,250 in 2018 to $577,850 this year. North Kohala was the lone bright spot with regards to year-to-date median sales price increases, rising an impressive 25.00%, from $600,000 in 2018 to $750,000 this year.


Analysis:
With the monthly and year-to-date sales volumes either falling or remaining the same in February over last year and the year-to-date median sales price falling in both South Kohala market segments, the Kohala Coast market seems to be in a state of flux. We will see over the next few months if the market advances over the last couple of years are beginning to slow, or not.
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. If you currently own a vacation home or a vacation rental, find out how you can save thousands in management fees with our Vacation Rental Management Program. Mahalo.

February 2019 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala - 1
  • No. of single-family homes sold in South Kohala - 22
  • No. of condo units sold in South Kohala - 22
  • YTD No. of single-family homes sold in North Kohala – 5
  • YTD No. of single-family homes sold in South Kohala – 34
  • YTD No. of condo units sold in South Kohala - 46
  • Median sales price of a single-family home in North Kohala - $407,500
  • Median sales price of a single-family home in South Kohala - $712,000
  • Median sales price of a condo in South Kohala - $474,500
  • YTD median sales price of a single-family home in North Kohala - $750,000
  • YTD median sales price of a single-family home in South Kohala - $575,850
  • YTD median sales price of a condo in South Kohala - $474,500

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

Posted by Korby Matsen on March 23rd, 2019 4:18 PM

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