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Kohala Coast Real Estate News

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

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 RB-21643 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 RB-21643 on March 23rd, 2019 4:18 PM

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

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



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

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

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

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

2018 Kohala Real Estate Market Highlights

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

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

Posted by Korby Matsen RB-21643 on January 13th, 2019 11:11 AM

Kohala waterfront
The Kohala Coast is located on the west coast of the Big Island of Hawaii. It is called the Big Island as to not confuse 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, containing the historic small towns of Hawi, Kapa’au, and the Kohala Ranch communities.

Mauna Lani ResortSouth Kohala is just south of Kohala Ranch and contains the major, world class resorts of Mauna Kea Resort, Mauna Lani Resort and Waikoloa Beach Resort, 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 $1,000’s.

The number of single-family homes sold in Kohala in November 2018 was down Mauna Kea Resortmarginally over November 2017, with 30 homes selling in November 2017, while 22 homes were sold this November. This drop-in sales volume happened in both parts of Kohala. In South Kohala, the volume decreased from 25 homes to 18, and in North Kohala there was a slight decrease of one home, from 5 homes down to 4. The number of condos sold also decreased slightly in November 2018 over last November, from 21 to 16 units.  


Despite the November monthly number of single-family homes sold being down, the Halii Kaioverall year-to-date volume increased in 2018 over 2017, with 296 homes being sold by this time last year and 314 homes sold this year. This overall increase was enjoyed in both parts of Kohala, with the number of single-family homes in North Kohala increasing from 53 homes sold 2017, to 58 sold homes this year and South Kohala increasing from 234 homes last year to 238 homes sold in 2018. The number of condos sold year-to-date was also a bright spot, rising from 228 units sold in 2017, to an encouraging 259 units sold this year.
 

Even with the sales volume of homes in Kohala decreasing in November 2018 from Kohala CoastNovember 2017 in all market segments, the change in median sales price was up all around. The median sale price in South Kohala increased a healthy $106,295, from $539,000 in November 2017 to $645,295 in November of this year, while in North Kohala the median sales price increased at more restrained amount, from $364,500 in November 2017 to $382,250 this November. The condo market also experienced a dramatic median price increase, with the November 2018 median sales price increasing to $522,000 from $400,000 in November 2017.

Big Island MapThe year-to-date numbers in November 2018 also experienced the increases that the monthly numbers enjoyed. The year-to-date median sales price of single-family homes in North Kohala had the most dramatic increase, rising 20.31% from $645,000 in 2017 to $776,000 this year. The median price of single-family homes in South Kohala had a more modest increase, rising 6.19% from $561,250 in 2017 to $596,000 this year, while the condo market also enjoyed at a slight increase, rising 8.75% from $480,000 last year to $522,000 in 2018.

Analysis:  Although the November monthly sales volumes are down slightly, the year-to-date numbers are ahead of the 2017 numbers in all market segments. The Kohala Coast real estate market continues to be in a balanced market.
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.

November 2018 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala – 4
  • No. of single-family homes sold in South Kohala - 18
  • No. of condo units sold in Kohala – 16
  • YTD No. of single-family homes sold in North Kohala – 60
  • YTD No. of single-family homes sold in South Kohala – 254
  • YTD No. of condo units sold in Kohala - 276
  • Median sales price of a single-family home in North Kohala - $381,250
  • Median sales price of a single-family home in South Kohala - $645,295
  • Median sales price of a condo in Kohala - $522,000
  • YTD median sales price of a single-family home in North Kohala - $776,000
  • YTD median sales price of a single-family home in South Kohala - $596,000
  • YTD median sales price of a condo in Kohala - $522,000

If you enjoyed this update, you may like Mauna Lani Resort Real Estate Update for Q3 2018.

Posted by Korby Matsen RB-21643 on December 22nd, 2018 2:41 PM

Pololu Vally Lookout
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 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 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.

Hawi Farmers Market
North Kohala contains miles of pastoral, undeveloped land, as well as a variety beautiful homes, from small starter homes to large estates, many with stunning ocean views. The southern end of North Kohala contains the gated communities of Kohala Ranch, containing many luxury homes 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. Discover how my Vacation Rental Mgt Program can save you $1,000’s.

At the time of this writing (Dec 1st), there were 54 single-family homes for sale in the North Kohala area and 9 homes in escrow. There are no condos located in North Kohala, so we do not have statistics for them, but raw land is plentiful. There are currently 119 land lots for sale and 7 lots in escrow.

Of the homes for sale in North Kohala, the highest priced one is listed at $4,750,000, North Kohala Homeand is located at 55-3287 Hoea Makai Rd in Hawi. At the other end of the spectrum, the lowest priced home on the market is located at 53-3991 Kii Place in Kapa’au and is listed at the low price of $349,000. The highest priced land lot for sale is a 498-acre lot in Honomakua Subdivision and priced at $18,500,000, while the lowest priced one is a 14,398 sq ft lot in Hawi Village priced at $143,000.



Sales in the Q3 time frame of July through September 2018 were down significantly over the past few quarters. There were just 9 single-family homes sold in North Kohala during this time. The highest priced home to sell is located at 59-116 Lauipala North KohalaPlace, in the Kohala Waterfront subdivision. It was listed at $4,795,000 and sold for $4,700,000. The lowest priced single-family home to sell in North Kohala was listed at $299,000 and sold for $289,150. It is located at 54-2452 Kynnersley Rd, in Kapa’au.

In the North Kohala raw land market, there were 9 lots sold in Q3. The highest priced one to sell is a 28,428 sq ft lot in Kohala Waterfront that sold for $2,100,000 from a list price of $2,200,000. The lowest priced lot to sell was a 27,000 sq ft lot in Kapa’au Village. It sold for $175,000 from a list price of $195,000.

North Kohala
Analysis:
After three quarters of brisk sales in North Kohala, the single-family home sales volume was cut in half in Q3, with land lot sales staying somewhat the same. Unlike other areas of the Kohala Coast, North Kohala still has plenty of inventory in single-family homes, as well as land lots, keeping it 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 2018 Q3 Market Update

  • Number of Homes currently for sale – 54
  • Number of homes currently in escrow – 9
  • Number of land lots for sale – 119
  • Number of land lots in escrow - 7
  • Highest priced home for sale – $4,750,000 – 55-3287 Hoea Makai Rd
  • Lowest priced home for sale – $349,000 – 553-3991 Kii Place
  • Highest priced land lot for sale - $18,500,000 - 498 Acres, Honomakua Subd
  • Lowest priced land lot for sale - $143,000 – 14,898 sq ft. Hawi Village
  • Number of homes sold in Q3 (July – Sept) -9
  • Number of land lots sold in Q3 (July – Sept) - 9
  • Highest priced home sold in Q3 – $4,700,000 59-116 Lauipala Pl, Kohala Waterfront
  • Lowest priced home sold in Q3 – $289,000 – 5492425 Kynnersley Rd, Japaa
  • Highest priced land lot sold in Q3 - $2,100,000 – 59-117 Pakuikui Pl, Kohala Waterfront
  • Lowest priced land lot sold in Q3 - $175,000 – 27,000 sq ft, Kapaau Village

If you enjoyed this update, you may like Waikoloa Village Real Estate Update for Q3 2018.

Posted by Korby Matsen RB-21643 on December 16th, 2018 9:58 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.

Hawi Ironman
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 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 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.  Discover how my Vacation Rental Management Program can save you $1,000’s.

North KohalaAt the time of this writing (Sept 1st), there were 45 homes for sale in the North Kohala area and 7 homes in escrow. In the land lot market there are 110 lots for sale, with 7 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 a waterfront home located at 55-3287 Hoea Makai Rd in Hawi and is listed at $5,850,000.  


The highest priced land lot for sale is listed at $18,500,000 and is 498 acres on Lokahi Rd in Kapa’au. At the other end of the spectrum, the lowest priced home on the market is located at
54-2475 Kynnersley Rd in Kapa’au, a starter home listed at the low price of $289,000, while the lowest priced lot for sale is 3 acres in Kohala Ranch, currently listed at $169,900.

Kohala CoastSales continue to be brisk in North Kohala, with the Q2 time frame of April through June 2018 seeing 19 homes sold. The highest priced of these homes is located at 59-110 Pakuikui Pl in Kohala Waterfront. It was listed at $2,795,000 and sold for $2,485,000. The highest priced land lot to sell went for $2,500,000 from a list price of the same amount. It is 22 acres located in Kapa’au.


The lowest priced home to sell in North Kohala was listed at $215,000 and sold for $213,500. It is located at 54-3669 Akoni Pukle Hwy in Kapa’au, while the lowest priced lot to sell went for $170,000 from a list price of $195,000. It is a 1-acre lot in Kohala Estates.

Analysis: With the continuing reduction of inventory in North Kohala, along with the steady sales, the house market in North Kohala is pretty close to being in a balanced market, but if you are looking for raw land, lots are plentiful and North Kohala continues to be in Buyers’ Market.

Kohala Coast
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 2018 Market Update

  • Number of homes currently for sale – 45
  • Number of homes currently in escrow – 7
  • Number of land lots currently for sale - 110
  • Number of land lots currently in escrow - 7
  • Highest priced home currently for sale  $5,850,000 -56-3083 Hoea Makai Rd, Hawi
  • Highest priced land lot currently for sale $18,500,000 – 498 Acres, Lokahi Rd, Kapa’au
  • Lowest priced home currently for sale – $289,000 - 54-2475 Kynnersley Rd, Kapa’au
  • Lowest priced land lot currently for sale - $169,900 – 3 Acres, Kanaloa Dr, Kohala Ranch
  • Number of homes sold in Q2 (Apr – Jun) – 19
  • Number of land lots sold in Q2 (Apr – Jun) - 19
  • Highest priced home sold in Q2 – $2,485,000 59-110 Pakuikui Pl, Kohala Waterfront
  • Highest priced land lot sold in Q2 - $2,500,000 – 22 Acres, Kapa’au
  • Lowest priced home sold in Q2 - $213,500 - 54-3669 Akoni Pule Hwy, Kapa’au
  • Lowest priced land lot sold in Q2 - $170,000 – 1 Acre, Poeukea Rd, Kohala Estates

If you enjoyed this update, you may like Kohala Market Update for July 2018

Posted by Korby Matsen RB-21643 on September 10th, 2018 5:23 PM

Pauoa Beach
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 not confuse 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, Kapa’au, and the Kohala Ranch communities.  

Mauna Lani Resort
South Kohala
covers the major, world class resorts of Mauna Kea Resort, Mauna Lani Resort and Waikoloa Beach Resort, 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 June 2018 in Kohala increased slightly Ka Miloover the already impressive sales volume of June 2017, with 38 homes selling in June of this year, up from 35 homes selling in June 2017. That slight increase in sales volume happened in South Kohala, with the North Kohala number remaining the same as 2017. North Kohala saw 9 homes sold in June 2018, as it did in June 2017 and South Kohala rose from 26 homes sold in June 2017 to 29 homes this June. The number of condos sold in June 2018 also remained the same from year to year, with 28 units being sold in June of both years.

Even with this low monthly number increase for June, the year to date sales volume in 2018 is still well ahead of the 2017 numbers. There have been 183 single-family homes sold so far this year, outpacing the 167 homes that sold by this time in 2017. Both parts of Kohala have enjoyed this year-to-date volume increase, with North Kohala seeing 42 homes sold in 2018, up from 36 homes sold in 2017.

Kohala Coast
In South Kohala the sales volume has increased by 10 homes, with 141 homes selling this year, ups from the 131 homes sold last year, and the number of condos sold year-to-date was another bright spot, with 171 units selling this year, up impressively from 145 units sold in 2017.

Even though there was a rise in sales volume of single family home in June 2018 over June 2017 in Kohala, the rise in median sales price did not happen in all markets. The median sale price in the North Kohala and condo markets both rose, with North Kohala rising from $650,000 in June 2017 to $678,000 in June of this year, while the condo market rose from $567,000 in June 2017 to $650,000 in June of this year. The only market to see a decrease in the median sales price was South Kohala, where the median sales price in June 2018 decreased to $557,000 from $580,000 in June 2017.

Big Island mapEven with the decrease in the monthly median sales price for homes in South Kohala, it and all the other markets experienced an increase in the year-to-date median sales price numbers. The median year-to-date sales price in North Kohala saw the largest increase, rising an amazing 32%, from $625,000 in 2017 to $825,000 this year; this kind of dramatic change can sometimes be expected when you have an area with such a low sales volume.

Meanwhile, South Kohala experienced a less dramatic change, with its median sales price increasing 5.45% from $569,000 in 2017 to $600,000 this year, while the condo market had an even smaller increase, rising 2.45%, from $512,000 in 2017 to $525,000 this year.

Analysis: The sales volume and sales prices in 2018 continues to outpace the already impressive 2017 year we had on the Kohala Coast. The numbers in June 2018 are the same or better than June 2017 and, even with the bad press received about the volcano eruptions on the south end of the island, show no signs of slowing down.
Big Island Stats

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

June 2018 Kohala Coast Real Estate Market Highlights

  • No. of single-family homes sold in North Kohala – 9
  • No. of single-family homes sold in South Kohala - 29
  • No. of condo units sold in South Kohala - 28
  • YTD No. of single-family homes sold in North Kohala – 42
  • YTD No. of single-family homes sold in South Kohala – 141
  • YTD No. of condo units sold in South Kohala - 171
  • Median sales price of a single-family home in North Kohala - $678,000
  • Median sales price of a single-family home in South Kohala - $557,000
  • Median sales price of a condo in South Kohala - $650,000
  • YTD median sales price of a single-family home in North Kohala - $825,000
  • YTD median sales price of a single-family home in South Kohala - $600,000
  • YTD median sales price of a condo in South Kohala - $525,000           

If you enjoyed this update, you may like Mauna Lani Resort Update for Q2 2018.

Posted by Korby Matsen RB-21643 on July 22nd, 2018 12:05 PM

Kohala Coast
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 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 Farmers MarketThe 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 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 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. Discover how my Vacation Rental Management Program can save you $1,000’s.

Kohala RanchAt the time of this writing (May 25th), there were 36 single-family homes for sale and 12 homes escrow in the North Kohala area, while an amazing 107 land lots are for sale, with 10 lots in escrow.  There are no condos located in North Kohala, so there are no statistics on that market segment.

Of the homes for sale in North Kohala, the highest priced one is listed at $5,750,000 and is located at 55-3287 Hoea Makai Rd in the lovely town of Hawi. For you bargain hunters, the lowest priced home on the market is located at 54-2475 Kynnersley Rd, in Kapa’au, and it is listed at the low price of $289,000.

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, the lowest priced land lot for sale is listed at $169,000, and a 3-acre lot located in Kohala Ranch.

Sales have remained steady in North Kohala throughout 2017, and the Q1 time frame of January through March 2018 continued that trend with 23 single-family homes being sold. The highest priced of these homes is located at 56-3021 Puakea Bay Dr, in the Puakea Bay Ranch subdivision. It was listed at $2,880,000 and sold for $2,735,000. The lowest priced home to sell in North Kohala was listed at $269,900 and sold for $265,000. It is located at 53-3959 N Kahiwa Pl in Kapa’au.

Kohala CoastIn the land market segment there were 10 lots sold in Q1 of 2018. The highest price lot sold for $905,000 from a list price of $995,000 and is 17.55 acres located at 56-102 Old Coast Guard Rd in Hawi. The lowest priced lot to sell in Q1 is a 25,703 sq ft lot located on Puahuehue Rd in Kapa’au, and it sold for $255,000 from a list price of the same amount.

Analysis: With just 36 single-family homes on the market, and homes selling at over 20 homes a quarter, we have clearly entered a Sellers’ Market in North Kohala. On the other hand, 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 2018 Q1 Market Update

  • Number of homes currently for sale – 36
  • Number of homes currently in escrow – 12
  • Number of land lots for sale – 107
  • Number of land lots in escrow - 10
  • Highest priced home currently for sale – $5,750,000 - 55-32867 Hoea Makai Rd, Hawi
  • Lowest priced home currently for sale – $289,000 - 54-2475 Kynnersley Rd, Kapaau
  • Highest priced land lot for sale - $18,500,000 – 498 acres, Lokai Rd, Hawi
  • Lowest priced land lot for sale - $169,000 – 3 acres, Kohala Ranch
  • Number of homes sold in Q1 (Jan – Mar) – 23
  • Number of land lots sold in Q1 (Jan – Mar) - 11
  • Highest priced home sold in Q1 - $2,735,000 -  56-3021 Puakea Bay Dr, Puakea Bay Ranch
  • Lowest priced home sold in Q1 – $265,000 - 53-3959 N Kahiwa Pl, Kapaau
  • Highest priced land lot sold in Q1 - $905,000 – 17.55 acres, 56-102 Old Coast Guard Rd, Hawi
  • Lowest priced land lot sold in Q1 - $265,000 – ½ acre, Puahuehue Rd, Kapa’au

If you enjoyed this update, you may like Kohala Real Estate Market Update for April 2018

Posted by Korby Matsen RB-21643 on May 27th, 2018 3:06 PM

Kohala Coast
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 not confuse 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.  

Mauna Lani Resort
South Kohala covers the major, world class resorts of Mauna Kea Resort, Mauna Lani Resort and Waikoloa Beach Resort, 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 2018 in Kohala rose modestly over April 2017, with 28 single-family homes selling in April this year, up from 21 homes selling in April 2017. There was a sales volume increase in both parts of Kohala, with the volume in North Kohala increasing by 4 homes (from 3 homes up to 7) and in South Kohala sales volume increased by a slight 3 homes (up from 18 homes to 21). The number of condos sold year over year in April also saw a healthy increase, rising from 25 units last year to 35 units this year.  


As with the monthly number, the year-to-date volume also experienced an increase in Mauna Lani Resort2018, with 111 single-homes being sold this year, as opposed to 99 homes being sold by this time in 2017.  Also mirroring the monthly number, the increase happened in both parts of Kohala, with sales volume in North Kohala increasing from 18 single-family homes sold in 2017, to 30 homes this year. South Kohala’s year-to-date volume remained the same as last year, with 81 homes being sold in both 2017 & 2018. The number of condos sold year-to-date was also a bright spot, with volume rising from 92 units sold last year, to 114 units sold in 2018.

While the volume of single-family homes sold in April 2018 was up compared to April Kohala Coast2017 in both parts of Kohala, the change in median sales price varied from region to region. The median sale price in South Kohala had a slight drop, from $620,120 in April 2017 to $600,000 in April of this year, while in North Kohala, the median sales price in April 2018 rose a dramatic $494,425 to $1.342,425 from $850,000 in April 2017. This type of dramatic change in median price is quite common when dealing with such a low volume of sales. The condo market also saw their prices move in the upward direction, with the April 2018 median sales price rising a healthy $124,500 to $549,500 from $425,000 in April 2017.

Although the monthly numbers for the April median sales price were somewhat mixed, the year-to-date numbers were all up. North Kohala led the way with a whopping 41.9% increase in its year-to-date median sales price, increasing from $626,500 in 2017 to $889,000 this year, again, this had more to do with the low number of sales in that area than a rapid increase in prices. The other two market segments also experienced increases, with single-family homes in South Kohala increasing modestly, from $588,000 in 2017 to $645,000 this year, an increase of 9.69%. The median year-to-date sales price in the condo market also increased, albeit by a smaller amount, rising a modest 4.63% from $475,000 in 2017 to $497,000 this year.

Analysis: As we head deeper into 2018, sales volume in all segments are up over the 2017 numbers. And the median sales price is also continuing its upward trend, except for a slight drop in South Kohala single-family home prices, all markets experienced an increase over the 2017 numbers. So, with prices rising and inventory dropping, most of the markets on the Kohala Coast are now in a Balanced Market, with a few, like Waikoloa Village, entering a Sellers’ Market.

Big Island

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. Read market updates from the different areas of the Kohala Coast on my Market Updates page.  Mahalo.

April 2018 Market Update Highlights

  • No. of single-family homes sold in North Kohala – 7
  • No. of single-family homes sold in South Kohala - 21
  • No. of condo units sold in South Kohala - 35
  • YTD No. of single-family homes sold in North Kohala – 30
  • YTD No. of single-family homes sold in South Kohala – 81
  • YTD No. of condo units sold in South Kohala - 114
  • Median sales price of a single-family home in North Kohala - $600,000
  • Median sales price of a single-family home in South Kohala - $1,342.425
  • Median sales price of a condo in South Kohala - $459,000
  • YTD median sales price of a single-family home in North Kohala - $889,000
  • YTD median sales price of a single-family home in South Kohala - $645,000
  • YTD median sales price of a condo in South Kohala - $497,000

If you enjoyed this update, you mike like Waikoloa Beach Market Update for Q1 2018.

Posted by Korby Matsen RB-21643 on May 20th, 2018 4:59 PM

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