Kohala Coast Real Estate News

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

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


View all homes for sale in the Waikoloa Beach Resort. Instantly find out the value of your Waikoloa Beach Resort Home. Discover how my Vacation Rental Management Program can save you $1000’s.

At the time of this writing (July 1st), there was just one single-family home on the Waikoloa Beach Resortmarket and one home in escrow in the Waikoloa Beach Resort, while 46 condos were for sale with 3 in escrow. The one home for sale in the Waikoloa Beach Resort is newly listed at $2,950,000 and is located at 69-1519 Anaole St in the Ainamalu at Waikoloa Beach Resort community.

In the condo market, the highest price condo currently available is listed at $2,328,000 and is Unit #7F in Kolea Condo Villas. While at the other end of the spectrum, the Waikoloa Beach Resortlowest priced condo currently on the market is listed at $454,000 and is Unit #N23 in The Fairway Villas at Waikoloa Beach Resort.

In the 2nd Quarter of 2020, there were two single-family homes sold in the Waikoloa Beach Resort. The most expensive of the two sold for $1,273,060 from a list price of $1,262,100 and is located at 69-9204 Anaole St. While the lowest price one is located at 69-9236 Ainamalu St and sold for $1,115,600 from a list price of the same amount. Both homes are in the Ainamalu at Waikoloa Beach Resort community.

Waikoloa Beach Resort
In the condo market of Waikoloa Beach Resort, the Q2 time frame between April and June 2020 saw just 6 condos sell. The highest priced of these was Unit 14A in Kolea Condo Villas and it sold for $730,000, from a list price of $749,000. While the condo with the lowest sales price went for $451,000, from a list price of $456,000. It is Unit D4, located in The Fairways at Waikoloa Beach Resort.


Analysis:
After a great beginning to 2020, the effects of the Covid-19 took its toll on the sales numbers in Q2. Single-family home sales have been low since the first phase of the Ainamalu at Waikoloa Beach development was completed, but condo sales falling to about 25% of its quarterly average is disappointing.

If you are looking to buy or sell a home in the Waikoloa Beach Resort, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian Real Estate dreams a reality. You can read more updates about other areas of the Kohala Coast on the Market Update Page of my website. Mahalo

Highlights of the 2020 Q2 Waikoloa Beach Market Update

  • Number of single-family homes currently for sale - 1
  • Number of single-family homes currently in escrow - 1
  • Number of condos currently for sale – 46
  • Number of condos currently in escrow - 3
  • Highest priced home currently for sale - $2,950,000   69-1519 Anaole St, Ainamalu at Waikoloa Beach
  • Highest priced condo currently for sale - $2,328,000 Kolea Condo Villas #7F
  • Lowest priced home currently for sale – $2,950,000   69-1519 Anaole St, Ainamalu at Waikoloa Beach
  • Lowest priced condo currently for sale - $454,000 Fairway Villas at Waikoloa Beach Resort #N23
  • Number of homes sold in Q2 (Apr – June) – 2
  • Number of condos sold in Q2 (Apr – June) – 6
  • Highest priced home sold in Q2 – $1,273,000 – 69-9204 Anaole St, Ainamalu at Waikoloa Beach
  • Highest priced condo sold in Q2 - $730,000 - Kolea Condo Villas #14A
  • Lowest priced home sold in Q2 – $1,115,600 - 69-9236 Ainamalu St, Ainamalu at Waikoloa Beach
  • Lowest priced condo sold in Q2 - $451,000 – Fairway Villas at Waikoloa Beach Resort #D4

If you enjoyed this update, you may like Mauna Lani Resort Market Update for Q2 2020.

Posted by Korby Matsen on July 9th, 2020 11:06 AM

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

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


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

Kamilo at Mauna LaniAt the time of this writing (July 1st), there were 18 single-family homes for sale and 1 home in escrow within the Mauna Lani Resort, with 42 condos for sale and 7 in escrow. Of the single-family homes for sale, the highest priced one is listed at $17,900,000, and is located at 68-1025 Pauoa Wy in the Pauoa Beach community, while the highest priced condo on the market is in the Residences at Laulea, Unit 1B2R and is listed at $3,275,000


At the other end of the spectrum, the lowest priced single-family home on the market is at 68-1122 N Kaniku Dr #305, in Ka Milo at Mauna Lani and is listed atPauoa Beach
$1,795,000. On the condo side, the lowest priced one currently listed is Unit #D-1 in Palm Villas at Mauna Lani and is priced at $565,000.

When it comes to sales in 2nd Quarter, the effects of the Covid-19 pandemic have shown its effect. In the Q2 time frame of April 2020 through June 2020 there were not any single-family homes sold in the Mauna Lani Resort, while just 11 condos were sold.

The highest priced of the 11 condos sold was The Islands at
Mauna Lani #P1, and it sold for $1,040,000 from a list price of  $1,135,000,  while the condo with the lowest sales price went for $525,000 from a list price of $615,000 and is Unit #401 in Kulalani at Mauna Lani.

Analysis: As we expected, the Covid-19 pandemic has affected sales in the Mauna Mauna Lani Resort Lani Resort in the second quarter of 2020. There were no sales of single-family homes (usually 3-5) and condo sales were cut in half. Prices and inventory levels have remained steady and online traffic has reportedly increased immensely and now that travel is opening up in August, there is optimism that will see a rebound in the coming months.

If you are looking to buy or sell a home in the Mauna Lani Resort, or anywhere on the Kohala Coast, contact me today. I will help make your Hawaiian Real Estate dreams come true. If you enjoyed this Market Update, you can find updates on other locations at my Market Update Page. Mahalo.

Highlights of the Q2 2020 Mauna Lani Resort Market Update 

  • Number of single-family homes currently for sale – 18
  • Number of single-family homes currently in escrow- 1
  • Number of condos currently for sale – 42
  • Number of condos currently in escrow - 10
  • Highest priced home currently for sale – $17,900,000 68-1025 Pauoa Wy in Pauoa Beach
  • Highest priced condo currently for sale - $3,275,000 Residences at Laulea #1B2R
  • Lowest priced home currently for sale – $1,795,500 68-1122 N Kaniku Dr #305 in Ka Milo at Mauna Lani
  • Lowest priced condo currently for sale - $565,000 Palm Villas at Mauna Lani #D-1
  • Number of single-family homes sold in Q2 (Apr – Jun) – None
  • Number of Condos sold in Q2 (Jan – Mar) –11
  • Highest priced single-family home sold in Q2 – None
  • Highest priced condo sold in Q2 - $1,040,000 – The Islands at Mauna Lani #P1
  • Lowest priced single-family home sold in Q2 - None
  • Lowest priced condo sold in Q2 - $510,000 Palm Villas at Mauna Lani #I-2

If you enjoyed this update, you may like Kohala Real Estate Market Update for May 2020.

Posted by Korby Matsen on July 5th, 2020 9:02 AM

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

Mauna Lani Resort
The Kohala Coast is the 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 on the south end. 

Mauna Lani Resort
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 what your Kohala Coast Home is worth. Discover how my Vacation Rental Management Program can save you thousands.

The number of single-family homes sold in Kohala in May 2020 decreased Mauna Lani Resort significantly over last May, with just 8 homes selling in May this year, down from 43 homes selling in May 2019. This decrease in sales volume was felt in both in North and South Kohala, with the South Kohala total falling from 36 homes sold in May 2019 to just 6 homes sold in May this year, while the volume in North Kohala decreased from 7 homes sold last May to 2 homes this year. The number of condos sold year over year in May also had a dramatic decrease, falling to 10 units this year from 30 units last May.  

Even with the great 1st Quarter we had, the monthly decreases caused by the pandemic have caused the year-to-date volume to be down in all markets. There were 129 single-family homes sold this year, down from 137 homes sold by this time in 2019.  The sales volume decrease in South Kohala was minimal, with the number dropping from 113 homes sold last year to 107 homes selling this year.

The North Kohala decrease was even less significant, with 22 homes sold this year, down from 24 homes sold last year. The number of condos sold year-to-date experienced the most dramatic decrease, falling from 146 units sold last year, to 98 units sold in 2020.

Although the monthly sales volume of single-family homes sold in Kohala in May Kamilo at Mauna Lani2020 was down in all markets compared to May 2019, the change in median sales price was in the opposite direction. The median sale price in South Kohala rose from $570,000 in May 2019 to $693,000 in May of this year, while in North Kohala, the median sales price increased from $635,000 in May 2019 to $788,000 this year. The condo market also saw an increase, with the May 2020 median sales price rising to $622,500, from $530,000 in May 2019.


The changes to the year-to-date median sales prices did not mirror the monthly Big Island Mapnumbers. The only market segment to see a increase was the condo market in South Kohala, which rose an amazing 20.54%, from $522,000 in 2019, to $629,500 this year. The median year-to-date sales price in the single-family home market went in the other direction, with South Kohala falling a slight 2.12%, from $612,000 in 2019 to $599,000 this year. The North Kohala experience the largest decrease for its year-to-date median sales price, falling a moderate -11.25% from $946,500 in 2019 to $840,000 this year.

Analysis: As expected, the Covid-19 pandemic caused a sharp decrease in sales volume across all markets in Kohala. The strong 1st quarter we had was not enough to keep the year-to-date numbers positive. The year-on-year monthly price appreciation was somewhat surprising, and it remains to be seen how the ongoing emergency proclamations will affect the market in the coming months.
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.

May 2020 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala -2
  • No. of single-family homes sold in South Kohala - 6
  • No. of condo units sold in South Kohala - 10
  • YTD No. of single-family homes sold in North Kohala -22
  • YTD No. of single-family homes sold in South Kohala – 107
  • YTD No. of condo units sold in South Kohala - 98
  • Median sales price of a single-family home in North Kohala - $788,000
  • Median sales price of a single-family home in South Kohala - $693,000
  • Median sales price of a condo in South Kohala - $622,500
  • YTD median sales price of a single-family home in North Kohala - $840,000 down 11.24%
  • YTD median sales price of a single-family home in South Kohala - $599,000 down 2.12%
  • YTD median sales price of a condo in South Kohala - $629,500 up 20.54%

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

Posted by Korby Matsen on June 14th, 2020 10:21 AM

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

Waikoloa Village Market
The Waikoloa Highlands Shopping Center is another great component of Waikoloa Village. It contains many shops and restaurants, including the Waikoloa Village Market, Island Lava Java, and Pueo’s Osteria Italian restaurant. With its proximity to the world-famous resorts and world class beaches, Waikoloa Village is an affordable alternative for the savvy buyer looking for their Hawaiian Dream Home.


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

At the time of this writing (May 25th), there were 18 single-family homes for sale and Waikoloa Village14 homes in escrow in Waikoloa Village, while there were 23 condos for sale with 6 units in escrow. Of the homes for sale, the highest priced one on the market is listed at $799,000, and is located at 68-1823 Auhili St.


Of the condos on the market, the highest priced one is listed at $599,000 and is located at The Pointe at Waikoloa #23.  At the other end of the spectrum, the lowest priced home on the market is located at 68-1733 Akaula St and is listed at $479,000. While the lowest priced condo currently for sale is listed at $185,000 and is Unit M101 in Fairway Terrace.

Waikoloa Village
During the 1st Quarter, the time from January through March 2020, there were 38 single-family homes sold in Waikoloa Village, while 22 condos were sold. Of the homes sold, the highest priced one is located at 68-2189 Laakea St and sold at for $736,595, from a list price of $685,000. The highest priced condo sold for $395,000, from a list price of the same amount, and is Unit #A303 at Waikoloa Fairways.

The lowest priced home to sell during the 1st Quarter is located at 68-Makuakane St and sold for $315,615, from a list price of $353,500, while the condo with the lowest sale price went for $190,000 from a list price of the same amount, and is Unit #M202 in Fairway Terrace.

Waikoloa VillageAnalysis: The sale of single-family homes in Waikoloa Village spiked dramatically in Q1 over Q4 and even higher than what we experienced for all of 2019. Condo sales were less dramatic but still held their own over previous quarters. This increase in sales has dramatically reduced the inventory levels of single-family homes in Waikoloa Village. It remains to be seen how the Covid-19 pandemic will affect the market in the coming months.

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

Highlights of the 2020 Q1 Waikoloa Village Market Update 

  • Number of single-family homes currently for sale – 18
  • Number of single-family homes currently in escrow - 14
  • Number of condos currently for sale – 23
  • Number of condos currently in escrow - 6
  • Highest priced home currently for sale – $799,000 68-1823 Auhili St
  • Highest priced condo currently for sale - $599,000 Pointe at Waikoloa #23
  • Lowest priced home currently for sale – $479,000 68-1735 Akaula St
  • Lowest priced condo currently for sale - $185,000 Fairway Terrace #M101
  • Number of homes sold in Q1 (Jan – Mar) – 48
  • Number of condos sold in Q1 (Jan – Mar) – 22
  • Highest priced home sold in Q1 – $736,595 68-2189 Laakea St
  • Highest priced condo sold in Q1 - $395,000 Waikoloa Fairways #A303
  • Lowest priced home sold in Q1 – $315,615 68-1725 Makuakane St
  • Lowest priced condo sold in Q1 - $190,000 Fairway Terrace #M202

If you liked this update, you may like Waikoloa Beach Resort Update for Q1 2020.

Posted by Korby Matsen on May 30th, 2020 10:13 AM

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



Search all homes for sale in the Mauna Kea Resort by Clicking This Link.
Find out what your Mauna Kea home is worth by Clicking This Link.

Mauna Kea Resort is a beautiful 1,839 acre resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort contains two world class hotels, the Mauna Kea Beach Hotel and the Hapuna Beach Prince Hotel.  These hotels are located along some of the most pristine white sand beaches in all of Hawaii. The luxurious homes located in Mauna Kea Resort are second to none, with everything from private oceanfront homes to condos with sweeping ocean views.  The Mauna Kea Resort also offers its resident’s access to two Championship Golf Courses, the Seaside Tennis Club, a Fitness Center, and the Mauna Kea Spa. Some of the many restaurants include Number 3, the Hua Tree Lanai, the Copper Terrace, Clambake and the Manta & Pavilion Wine Bar.

At the time of this writing, there were 14 homes and 25 condos for sale in the Mauna Kea Resort. As it was in Q3, the most expensive home on the market continues to be the one listed for $18,950,000, that located in the Bluffs at Mauna Kea subdivision, while the most expensive condo on the market is listed at $4,900,000 and is located in the Villas of Mauna Kea. At the other end of the spectrum, the lowest priced home on the market is located in The Uplands of Mauna Kea and is listed at $1,725,000. While the lowest priced condo currently on the market is listed at $825,000 and is located in Kumulani at the Uplands at Mauna Kea.

When it comes to sales in the 4th Quarter, the activity in the Mauna Kea Resort continues to be on the slow side. In the time from October 2015 through December 2015 there were 3 home sold in the Mauna Lani Resort, with only 1 condo being sold. Since only one condo was sold in Q4, the most expensive condo sold and the least expensive condo sold were one and the same, and it was located in Waiulaula at Mauna Kea Resort with a sales price of $975,000. The most expensive home sold was also located in Waiulaula Mauna Kea, and it had a sales price of $2,993,380. The lowest priced home to sell during the 4th Quarter sold for $1,875,000 and was located in Moani Heights at the Uplands at Mauna Kea Resort.

If you are looking to buy or sell a home in the Mauna Kea Resort, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian Real Estate dreams come true. For more other market updates, please visit the Market Report page on my website.

Mahalo

Highlights of the Q3 Mauna Kea Update 

  • Number of Homes currently for sale – 14
  • Number of Condos currently for sake – 25
  • Highest priced home currently for sale – $18,950,000 Bluffs at Mauna Kea
  • Highest priced condo currently for sale - $4,900,000 The Villas at Mauna Kea
  • Lowest priced home currently for sale – $1,725,000 The Uplands at Mauna Kea
  • Lowest priced condo currently for sale - $825,000 Kumulani at The Uplands at Mauna Kea
  • Number of homes sold in Q4 (Oct – Dec) – 3
  • Number of Condos sold in Q4 (Oct – Dec) – 1
  • Highest priced home sold in Q4 – $2,993,380 Waiulaula at Mauna Kea Resort
  • Highest priced condo sold in Q4 - $975,000 Waiulaula at Mauna Kea Resort
  • Lowest priced home sold in Q4 – $1,875,000 Moana Heights at the Uplands at Mauna Kea
  • Lowest priced condo sold in Q4 - $975,000 Waiuluala at Mauna Kea Resort
Posted by Korby Matsen on February 27th, 2016 12:31 PM


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Waikoloa Village is a community located 6 miles inland from the west coast of the Big Island of Hawaii. This lovely community covers over 19 square miles and is a mixture of condominiums and single family homes.  Waikoloa Village offers its residents wonderful amenities such as an 18-hole golf course, a community swimming pool and tennis courts. Also, within Waikoloa Village is the Waikoloa Highlands Shopping Center, which contains many shops and restaurants, including the Waikoloa Village Market, Island Lava Java and Pueo’s Osteria Italian restaurant. With its proximity to the world famous resorts and world class beaches, Waikoloa Village makes for an affordable alternative for the savvy buyer looking for their Hawaiian Dream Home.

At the time of this writing, there were 56 homes and 45 condos for sale in Waikoloa Village. Of the homes for sale, the most expensive one currently on the market is listed at $1,125,000, and is located at 68-1875 Malina Place, while the most expensive condo on the market is listed at $529,000 and is located in the Pointe at Waikoloa.  At the other end of the spectrum, the lowest priced home on the market is located at 68-3608 Lahilahi St at the low price of $305,000. While the lowest priced condo currently on the market is listed at $149,000 and is located in Fairway Terrace.

When it comes to sales in the 4th Quarter, the number of homes sold outpaced the number of condos sold. In the time from Oct 2015 through Dec 2015 there were 30 homes sold in Waikoloa Village, while 20 condos were sold. Of those homes sold, the most expensive was located at 68-1706 Puwalu Place at the sales price of $736,000, while the most expensive condo sold for $280,000 and was located in the Waikoloa Villas Ph I & II. The lowest priced home to sell during the 4th Quarter was a home located at 68-3519 Iwikuamoo Dr that had a sales price of $265,000, while the condo with the lowest sales price went for $138,00 and was located in, once again, Fairway Terrace.

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

Mahalo

Highlights of the Q4 Waikoloa Village Update 

  • Number of Homes currently for sale – 56
  • Number of condos currently for sale – 45
  • Highest priced home currently for sale – $1,125,000 - 68-1875 Malina Place
  • Highest priced condo currently for sale - $529,000 - The Point at Waikoloa
  • Lowest priced home currently for sale – $305,000 - 68-3608 Lahilahi St
  • Lowest priced condo currently for sale - $149,000 - Fairway Terrace
  • Number of homes sold in Q4 (Oct – Dec) – 30
  • Number of condos sold in Q4 (Oct – Dec) – 20
  • Highest priced home sold in Q4 – $736,000 - 68-1706 Puwalu Place
  • Highest priced condo sold in Q4 - $280,000 - Waikoloa Villas Ph I & II
  • Lowest priced home sold in Q4 – $265,000 - 68-3519 Iwikuamoo Dr
  • Lowest priced condo sold in Q4 - $138,000 - Fairway Terrace
Posted by Korby Matsen on February 3rd, 2016 9:47 AM



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The number of single family homes sold in December 2015 in Kohala had a modest increase over December 2014, with 43 homes selling this December, up from 28 homes in December of last year. That increase did not happen in both parts of Kohala though, North Kohala dipped slightly from 7 homes sold down to 6, while South Kohala increased from 21 homes sold up to 28. The number of condos sold also had a year over year increase in December, going from 17 units in December 2014 to 22 units this December.   

As with the increase in the number of single family homes sold in December, the overall year-to-date volume also increased in 2015 over 2014, with 296 homes being sold in 2014 and 324 homes being sold this year. And again, that overall increase did not happen in both parts of Kohala. The number of single family homes in North Kohala decreased in 2015, dropping from 62 homes sold in 2014 to 45 homes sold this year. But South Kohala once again, picked up the slack, with the number of single family homes sold jumping from 234 homes in 2014 to 279 homes sold this year. The year-to-date number of condos sold in 2015 was 205 units, down from 218 units sold in 2014.

Along with the increase in the number of single family homes sold in December, the median sales price of Kohala homes also saw an increase.  In December 2015, the median sale price South Kohala homes reached $476,000, up from $455,000 in December of last year. The North Kohala median sales price also increased in December 2015, a significant increase in fact, jumping to $742,500 from $399,000 in December 2014. The condo market continued that trend, with the December 2015 median sales price increasing to $399,000 from $326,500 in December 2014.

Although the monthly median sales price statistics for December 2015 were all positive, the same could not be said for the year-to-date numbers. The North Kohala median sales price of single family homes had the largest increase, a whopping 18.31%, going from $532,000 in 2014 to $630,000 this year. South Kohala also had a healthy increase, rising 7.78%, from $450,000 in 2014 to $485,000 this year. The condo market did not fair so well though, with the median sales price dropping 3.17%, from $472,500 in 2014 to $457,500 this year.

If are considering 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 2015 Market Highlight

  • No. of single family homes sold in North Kohala – 6
  • No. of single family homes sold in South Kohala - 28
  • No. of condo units sold in Kohala - 22
  • YTD No. of single family homes sold in North Kohala – 45
  • YTD No. of single family homes sold in South Kohala – 279
  • YTD No. of condo units sold in Kohala - 205
  • Median sales price of a single family home in North Kohala - $742,500
  • Median sales price of a single family home in South Kohala - $476,000
  • Median sales price of a condo in Kohala - $326,500
  • YTD median sales price of a single family home in North Kohala - $630,000
  • YTD median sales price of a single family home in South Kohala - $485,000
  • YTD median sales price of a condo in Kohala - $457,500



Posted by Korby Matsen on January 23rd, 2016 10:09 AM



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Waikoloa Beach Resort is a beautiful resort located on the West Coast of the Big Island of Hawaii. This world famous Kohala Coast resort contains everything to make your Hawaiian experience complete. Waikoloa Beach Resort is home to the Hilton Waikoloa Village Hotel and the Waikoloa Beach Marriott Resort and Spa. There is great shopping at the Queen’s Marketplace or the King’s Shops, and great restaurants like Roy’s Waikoloa Bar & Grill, the Macaroni Grill and the Lava Lava Beach Club. Waikoloa Beach Resort also contains two world class golf courses, the Beach Course and the King’s Course, and of course, the spectacular white sand beaches are also close by.

At the time of this writing, there was still just 1 single family home on the market but there were a whopping 99 condos for sale in Waikoloa Beach Resort. Since there is only one home for sale in the Waikoloa Beach Resort, the most expensive and the least expensive home on the market is the same one. It is listed at $4,995,000, and is located on Kolea Kai Circle, in the Kolea subdivision. In the condo market, the highest price condo currently available is listed at $2,995,000 and is located in the Kolea Condo Villas, which is also part of the Kolea subdivision. While at the other end of the spectrum, the lowest priced condo currently on the market is listed at $300,000 and is located in the Shores at Waikoloa Beach Resort.

In the 4th Quarter of 2015, there was, once again, no homes sold in Waikoloa Beach Resort, but in this time frame between October and December, there were 18 condos sold, up from 7 sold in Q3. The most expensive of these was sold in the Hali’i Kai Resort at the sale price of $625,000, while the condo with the lowest sales price went for $320,000 and was located in the Shores at Waikoloa Beach Resort.

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

Mahalo

Highlights of the Q3 Waikoloa Beach Update 

  • Number of Homes currently for sale – 1
  • Number of Condos currently for sale – 99
  • Highest priced home currently for sale - $4,995,000 Kolea Kai Circle
  • Highest priced condo currently for sale - $2,995,000 Kolea Condo Villas
  • Lowest priced home currently for sale – $4,995,000 Kolea Kai Circle
  • Lowest priced condo currently for sale - $300,000 Shores at Waikoloa Beach Resort
  • Number of homes sold in Q4 (Oct – Dec) – None
  • Number of Condos sold in Q4 (Oct – Dec) – 18
  • Highest priced home sold in Q4 – None
  • Highest priced condo sold in Q4 - $625,000 Hali’i Kai
  • Lowest priced home sold in Q4 – None
  • Lowest priced condo sold in Q4 - $320,000 Shores at Waikoloa Beach Resort
Posted by Korby Matsen on January 16th, 2016 9:40 AM

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