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Kohala Coast Real Estate News

Mauna Kea Resort
Mauna Kea Resort is a beautiful 1,839-acre resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort contains two world class hotels, the Mauna Kea Beach Hotel and the Westin Hapuna Beach Resort

These hotels are located along some of the most pristine white sand beaches in all of 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. 

Mauna Kea ResortThe Mauna Kea Resort 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 in the Mauna Kea Resort include Number 3, the Hua Tree, the Copper Bar Cafe, the Clambake, and the Manta.

View all homes for sale in the Mauna Kea Resort. Instantly find out what your Mauna Kea Home is worth. Discover how I can save you $1,000’s with my Vacation Rental Management Program.

Mauna Kea ResortAt the time of this writing (May 1st), there were 2 single-family homes for sale and no homes in escrow within the Mauna Kea Resort, while 4 condos are for sale, also with none in escrow. Of the homes for sale, the highest priced one is listed at $9,995,000, and is located at 62-3692 Kiekiena Pl, in the Bluffs at Mauna Kea subdivision, while the highest priced condo on the market is listed at $3,350,000 and is Unit #33 in the Villas at Mauna Kea.

At the other end of the spectrum, the lowest priced home on the market is located at 62-3757 Kaunaoa Nui Rd, in the Kaunaoa Subdivision and is listed at $7,595,000. The lowest priced condo currently on the market is listed at $1,325,000 and is Unit N202 located in Waiulaula at Mauna Kea.

Waiulaula at Mauna KeaThere were 3 single-family homes sold in the 1st Quarter of 2020. The condo market was slightly better, with 4 condos being sold during this same period. The highest priced home sold for $7,000,000 from a list price of $7,590,000 and is located at 62-3331 Ahuula Pl, in Mauna Kea Fairways South. The lowest priced home sold is located at 62-3638 Leihulu Pl, also in Mauna Kea Fairways South, and it sold for $2,850,000, from a list price of $3,295,000.

The lowest priced condo to sell in Mauna Kea resort during the 1st Quarter went for $945,000 from a list price of $999,000 and is Unit #I202, in Waiulaula at Mauna Kea, while the highest priced condo sold for $3,395,000 from a list price of the same amount, and is Unit #34 in The Villas at Mauna Kea.

Mauna Kea ResortAnalysis: Mauna Kea Resort has historically been a low inventory area, but the inventory levels in Q1 were down even by these standards. The sales volume for both single-family homes and condos in the first quarter were within normal levels, but it remains to be seen how things will look in the coming months as we experienced unprecedented times.

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

Highlights of the Q1 2020 Mauna Kea Market Update 

  • Number of homes currently for sale – 2
  • Number of homes currently in escrow - 0
  • Number of condos currently for sale – 4
  • Number of condos currently in escrow - 0
  • Highest priced home currently for sale – $9,9956,000: 62-3692 Kiekiena Pl, Bluffs at Mauna Kea
  • Highest priced condo currently for sale - $3,350,000: Villas at Mauna Kea #33
  • Lowest priced home currently for sale – $7,595,000: 62-3757 Kaunaoa Nui Rd, Kaunaoa Subdiv.
  • Lowest priced condo currently for sale - $1,325,000: Waiulaula at Mauna Kea #N202
  • Number of homes sold in Q1 (Jan – Mar) – 3
  • Number of Condos sold in Q1 (Jan – Mar) – 4
  • Highest priced home sold in Q1 – $7,000,000: 62-3331 Ahuula Pl, Mauna Kea Fairways South
  • Highest priced condo sold in Q1 - $3,395,000 Villas at Mauna Kea # 34
  • Lowest priced home sold in Q1 – $2,850,000: 62-3638 Leihulu Pl, Mauna Kea Fairways South
  • Lowest priced condo sold in Q1 - $945,000 Waiulaula at Mauna Kea #I202

If you enjoyed this update, you might like Mauna Lani Resort Market Update for Q1 2020.

Posted by Korby Matsen on May 10th, 2020 11:49 AM

Mauna Lani Resort
The Kohala Coast is the majestic area located on the west coast of the Big Island of Hawaii. The Big Island received this 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, including the historic towns of Hawi and Kapa’au, and the Kohala Ranch communities farther south.

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



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

The number of single-family homes sold in Kohala in March 2020 increased Kamilo at Mauna Lanisubstantially over March 2019, with 35 single-family homes selling in March this year, up from 24 homes in March 2019. This increase in sales volume was felt in all market segments, with South Kohala seeing 29 single-family homes sold this March, up from 19 homes sold in March 2019, while the volume in North Kohala increased slightly, from 5 homes in March 2019 to 6 homes this year. The number of condos sold year over year in March did not change, with 27 units being sold in both years.  

Kamilo at Mauna LaniAs with the monthly number increase, the year-to-date sales volume in Kohala also experienced an increase in 2020, with 100 single-family homes being sold this year, up from 64 homes sold by this time in 2019.  This increase was felt in all market segments, with the number of single-family homes in North Kohala increasing from 10 single-family homes sold last year, up to 16 homes this year.


The South Kohala sales volume increase was even more dramatic, rising from 54 homes last year to 84 homes sold this year, while the number of condos sold year-to-date also saw a small increase, rising from 75 units sold last year, to 77 units sold in 2020.

Ke Kailani
Although there was an increase in sales volume in all market segments of Kohala in March 2020, the median sales price was more of a mixed bag. The median sale price in North Kohala and the condo market in South Kohala both experienced huge increases, with North Kohala rising an astounding $263,750, from $1,040,000 in March 2019 to $1,303,750 in March this year.

The condo market also experienced a dramatic increase, with the March 2020 median sales price rising to $727,500 from $440,000 in March 2019. South Kohala felt the only decrease, with the median sale price in March 2020 falling from $627,000 in March 2019 to $540,000 this year.

Big Island Map
The year-to-date median sales price changes in the different areas and sectors mirror the changes we saw in the monthly March 2020 numbers. The year-to-date median sales price in the South Kohala condo market rose an amazing 34.04% from $470,000 in 2019 to $639,000 this year.



While the price of single-family homes in South Kohala experienced a slight decrease, moving down 2.28%, from $593,000 in 2019 to $579,500 this year. Meanwhile, North Kohala saw a slight change in the other direction for its year-to-date median sales price, increasing 3.70% from $810,000 in 2019 to $840,000 this year.

Analysis: The sales volume in Kohala for the first three month of 2020 was ahead of the 2019 numbers in all market segments. And after a year of stagnant sale prices in all segments, there were glimpses of price appreciation in some markets in the first quarter. It remains to be seen whether these positive changes will be able to withstand the economic upheaval coming in the months 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. To read more market updates from the different areas of the Kohala Coast, visit my Market Update Page. Mahalo.

March 2020 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala -6
  • No. of single-family homes sold in South Kohala - 29
  • No. of condo units sold in South Kohala - 27
  • YTD No. of single-family homes sold in North Kohala -16
  • YTD No. of single-family homes sold in South Kohala - 84
  • YTD No. of condo units sold in South Kohala - 77
  • Median sales price of a single-family home in North Kohala - $1,303,750
  • Median sales price of a single-family home in South Kohala - $540,000
  • Median sales price of a condo in South Kohala - $727,000
  • 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 - $579,000
  • YTD median sales price of a condo in South Kohala - $639,000

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

Posted by Korby Matsen on May 2nd, 2020 11:58 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

Kohala By the Sea
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 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, including the small towns of Hawi and Kapaau, and the Kohala Ranch communities farther south.

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 what your Kohala Coast Home is worth. Discover how my Vacation Rental Mgt Program can save you $1000’s.

The number of single-family homes sold in Kohala in January 2020 increased Mauna Lani Resort substantially over January 2019, with 16 homes selling in January 2019 up to 37 homes sold this year. That increase was felt in all market segments, with the sales volume in North Kohala increasing from 4 homes sold in January 2019 to 7 this year, while the volume in South Kohala increased from 12 homes sold to an astounding 30 homes. The number of condos sold year over year in January in Kohala was less dramatic, increasing from 24 units last year to 26 units this year.  

With January being the first month of the year, the year-to-date volume is going to be Mauna Lani Resort equal to the monthly numbers, with 37 homes being sold so far in 2020, as opposed to 16 homes being sold by this time last year.  The South Kohala volume increased from 12 homes in January 2019 to 30 homes sold this year, while in North Kohala the increase was only by three, from 4 single-family homes sold by this time in 2019, to 7 homes this year. The number of condos sold year-to-date also had an increase in sales volume, rising from 24 units sold last year, to 26 units sold in 2020.

Mauna Lani Resort Along with the increases in sales volume of single-family homes in January 2020 in both North and South Kohala, also came increases in median sales prices in most regions. The median sale price in South Kohala rose from $535,000 in January 2019 to $702,500 in January of this year, while in North Kohala, the median sales price in January 2020 fell to $680,000 from $810,000 in January 2019. The condo market also experienced a remarkable price increase, with the January 2020 median sales price rising to $632,500 from $482,500 in January 2019.

Along with the monthly median sales prices being up in most markets in January 2020, Big Island Mapthe year-to-date numbers were also up in most markets. The median year-to-date sales price in the condo market rose an amazing 31.09% from $482,500 in 2019 to $632,500 this year. North Kohala experienced the only decrease for its median sales price, dropping 16.05% from $810,000 in 2019 to $680,000 this year, and the single-family homes in South Kohala had the largest increase, rising an impressive 31.31%, from $535,000 in 2019 to $702,500 this year.


Analysis:
The sales volume of single-family homes rose significantly on the Kohala Coast in January 2020 compared to last January. This continues the strong monthly numbers we have seen over the past six months. Both the single-family home and condo markets’ in South Kohala saw impressive median sales price increases after almost a year of stagnant growth.
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 in Kohala, find out how you can save thousands in management fees with our Vacation Rental Management Program. Mahalo.

January 2020 Kohala Market Highlights

  • No. of single-family homes sold in North Kohala – 7
  • No. of single-family homes sold in South Kohala - 30
  • No. of condo units sold in South Kohala - 24
  • YTD No. of single-family homes sold in North Kohala – 7
  • YTD No. of single-family homes sold in South Kohala – 30
  • YTD No. of condo units sold in South Kohala - 24
  • Median sales price of a single-family home in North Kohala - $680,000
  • Median sales price of a single-family home in South Kohala - $702,500
  • Median sales price of a condo in South Kohala - $632,500
  • YTD median sales price of a single-family home in North Kohala - $680,000
  • YTD median sales price of a single-family home in South Kohala - $702,500
  • YTD median sales price of a condo in South Kohala - $632,5000

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

Posted by Korby Matsen on February 23rd, 2020 12:55 PM

Mauna Kea Resort
Mauna Kea Resort is a beautiful 1,839 acre resort located on the West Coast of the Big Island of Hawaii. This Kohala Coast resort contains two world class hotels, the Mauna Kea Beach Hotel and the Westin Hapuna Beach Resort

These hotels are located along some of the most pristine white sand beaches in all of Hawaii. The luxurious homes located in Mauna Kea Resort are second to none, with everything from private oceanfront homes to condos with sweeping ocean views.

Mauna Kea ResortThe Mauna Kea Resort also offers its residents access to two Championship Golf Courses, the Seaside Tennis Club, a Fitness Center, and the Mauna Kea Spa. Some of the many restaurants include Number 3, the Hua Tree Lanai, the Copper Bar Cafe, Clambake and the Manta & Pavilion Wine Bar.

View all homes for sale in the Mauna Kea Resort. Instantly find out what your Mauna Kea Resort Home is worth. Discover how my Vacation Rental Mgt Program can save you $1,000’s.

Mauna Kea Resort
At the time of this writing (Feb 10th), there were 9 single-family homes and 8 condos for sale in the Mauna Kea Resort, with no homes or condos in escrow. The highest priced of these homes is listed at $9,950,000 and is located at 62-3692 Kiekiena Place in The Bluffs at Mauna Kea, while the highest priced condo on the market is listed at $4,290,000 and can be found at the Halia Hale at Kaunaoa #6B.


At the other end of the spectrum, the lowest priced single-family home on the market is 62-3997 Moani Pikake Ct in Moani Heights and is listed at $1,975,000. While the lowest priced condo currently for sale is listed at $875,000 and is in Kumulani at the Uplands at Mauna Kea, Unit #B1.

The sales volume of homes in Mauna Kea Resort continues to be slow, with no single-Mauna Kea Resortfamily homes, and just 4 condos being sold during this time from October 2019 through December 2019. With no single-family homes selling, there are only condo statistics to report. The highest priced condo in Mauna Kea Resort sold for $3,100,000, from a list price of $3,195,000 and is Villas at Mauna Kea #34. The lowest priced condo is Kumulani at the Uplands #I1, and sold for $735,000 from a list price of $789,000.



Analysis:
Even though the inventory levels in Mauna Kea have been low throughout 2019, the low sales volume has the kept the condo segment in a Balanced Market, and single-family home segment in a Buyers’ Market.

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

Highlights of the 2019 Q4 Mauna Kea Resort Market Update 

  • Number of single-family homes currently for sale – 9
  • Number of single-family homes currently in escrow - 0
  • Number of condos currently for sale – 8
  • Number of condos currently in escrow - 0
  • Highest priced home currently for sale – $9,950,000 62-3692 Kiekiena Pl in The Bluffs of Mauna Kea
  • Highest priced condo currently for sale - $4,290,000 Halia Hale at Kaunaoa #6B
  • Lowest priced home currently for sale – $1,975,000 62-3997 Moani Pikakae Ct, Moani Haights
  • Lowest priced condo currently for sale - $875,000 Kumulani at The Uplands at Mauna Kea #B1
  • Number of homes sold in Q4 (Oct – Dec) – None
  • Number of condos sold in Q4 (Oct – Dec) – 4
  • Highest priced home sold in Q3 – None
  • Highest priced condo sold in Q3 - $3,100,000 Villas at Mauna Kea #34
  • Lowest priced home sold in Q3 – None
  • Lowest priced condo sold in Q3 - $735,000 Kumulani at the Uplands #I1

If you enjoyed this update, you may like Kohala Coast Market Year in Review 2019.

Posted by Korby Matsen on February 15th, 2020 2:03 PM

Waikoloa Village
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
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 beaches on the Kohala Coast, Waikoloa Village makes 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 Waikoloa Village Home

Waikoloa VillageAt the time of this writing (Feb 4th), Waikoloa Village had 25 single-family homes for sale, with 27 in escrow and 12 condos for sale, with 12 in escrow. Of the homes for sale, the highest priced one is listed at $1,188,888 and is located at 68-1872 Puu Nui St., while the highest priced condo currently on the market is listed at $615,000 and is Unit #23 in The Pointe at Waikoloa. 


At the other end of the spectrum, the lowest priced single-family home on the market is located at 68-3766 Mana Hua Pl and is listed at the low price of $549,000. While the lowest priced condo currently on the market is listed at $275,000 and is Unit F201, located in the Waikoloa Villas.

When it comes to sales in the 4th Quarter, the number of condos sold far outpaced the Waikoloa Villagenumber of single-family homes sold. In this time from October through December 2019 there were 18 homes sold in Waikoloa Village, while 27 condos were sold. Of those homes sold, the highest priced one is located at 68-3529 Haena St, and sold for $772,000, from a list price of $785,000. While the most expensive condo sold for $368,000, from a list price of $380,000 and is Unit #C216, in the Waikoloa Fairways.


The lowest priced home to sell during the 4th Quarter was a home located at 68-1859 Ua Noe St, that sold for $333,375, from a list price of $300,000, and the condo with the lowest sales price went for $220,000, from a list price of the same amount and is Unit 1202 in Elima Lani Condos.

Waikoloa VillageAnalysis: The sales volume and inventory levels in Waikoloa Village have remained fairly consistent throughout 2019. The low inventory levels have kept Waikoloa Village firmly in a Sellers’ Market in both the single-family home and condo markets.

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 Waikoloa Village Update for Q4 2019 

  • Number of single-family homes currently for sale - 25
  • Number of single-family homes currently in escrow - 27
  • Number of condos currently for sale – 18
  • Number of condos currently of escrow - 27
  • Highest priced home currently for sale - $1,188,888 68-1872 Puu Nui St
  • Highest priced condo currently for sale - $615,000 Pointe at Waikoloa #23
  • Lowest priced home currently for sale - $549,000 68-3766 Mana Hua Pl
  • Lowest priced condo currently for sale - $275,000 Waikoloa Villas #F201
  • Number of single-family homes sold in Q4 (Oct – Dec) - 18
  • Number of condos sold in Q4 (Oct – Dec) - 27
  • Highest priced home sold in Q4 - $772,000 68-3529 Haena St
  • Highest priced condo sold in Q4 - $368,000 Waikoloa Fairways #C216
  • Lowest priced home sold in Q4 – $333,375 68-1859 Ua Noe St
  • Lowest priced condo sold in Q4 - $220,000 Elina Lani Condos #1202

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

Posted by Korby Matsen on February 9th, 2020 1:22 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 Waterfront
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 sales volume in all market segments moved slightly in one direction or another in Mauna Lani Resort 2019. North Kohala experienced the largest change, with the sales volume increasing by 9%, from 67 single-family homes sold in 2018 to 73 sold in 2019.

The number of single-family homes sold in South Kohala increased by just one unit, from 276 homes in 2018 to 277 homes sold this past year. The number of condos sold in 2019 experienced a slight decline, falling from 304 units sold in 2018, to 301 units sold in 2019, a drop of 1%.

The same could be said about the median sale price in 2019, with single-family homes in all areas of Kohala experiencing slight variations from their 2018 numbers. North Kohala RanchKahala had the largest variation, falling a modest 3% from $755,000 in 2018 to $735,000 in 2019.

The single-family homes in South Kohala had a small move in the other direction, rising a slight 0.50%, from $596,000 in 2018 to $599,000 in 2019. The condo market also had a very slight move, decreasing a minor 0.93% from $540,000 in 2018 to $535,000 in 2019.


Analysis
: The sales volume and median sales price numbers on the Kohala Coast all experienced changes so small they could be considered insignificant. With 2017 and 2018 being two solid years, the sales volume in 2019 being the same amount is not necessarily a bad thing, but the stagnant median sales prices are somewhat surprising. As we enter 2020, it remains to be seen if this is a market “pause” or a trend.

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.

View all homes for sale on the Kohala Coast. Find out instantly the value of your Kohala Coast Home. Discover how my Vacation Rental Mgt Program can save you $1000’s.
Big Island Stats

2019 Kohala Real Estate Market Highlights

  • No. of single-family homes sold in North Kohala – 73
  • No. of single-family homes sold in South Kohala – 277
  • No. of condo units sold in South Kohala – 304
  • Median sales price of single-family homes in North Kohala - $735,000 down 3% over 2018
  • Median sales price of single-family homes in South Kohala - $599,000 up 0.50% over 2018
  • Median sales price of condos in South Kohala - $535,000 down 0.93% over 2018

If you enjoyed is update, you may like Mauna Lani Resort Market Update for Q4 2019.

Posted by Korby Matsen on January 18th, 2020 1:50 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

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