📍 Where is the Kohala Coast Market located?
The Kohala Coast Market lies along the west side of Hawaii’s Big Island and is divided into:
- North Kohala: Rural, scenic, includes Hawi, Kapa’au, and Kohala Ranch.
- South Kohala: Home to luxury resorts (Mauna Kea, Mauna Lani, Waikoloa Beach), Waikoloa Village, and Waimea.
🏡 How many single-family homes sold in May 2025?
- Total Homes Sold: 12
- North Kohala: 2 homes (down from 3 in May 2024)
- South Kohala: 10 homes (down from 19 in May 2024)
🏢 How many condos sold in May 2025?
- Total Condos Sold: 15 units (down from 26 in May 2024)
📈 What are the year-to-date (YTD) sales figures?
- Single-Family Homes Sold YTD:
- North Kohala: 30 (↓ from 34)
- South Kohala: 81 (↑ from 73)
- Total: 112 (↑ from 107)
- Condos Sold YTD: 72 (↓ from 101)
💰 What happened to median sale prices in May?
- North Kohala: $645,000 (↓ from $2,400,000 — steep drop due to low volume)
- South Kohala: $829,000 (↓ from $1,319,000)
- Condos in South Kohala: $1,725,000 (↑ from $1,245,000)
📊 How have median prices changed year-to-date?
- North Kohala: $972,500 (↓ 18.79% from $1,197,500)
- South Kohala: $1,070,000 (↑ 1.04% from $1,059,000)
- Condos in South Kohala: $1,206,500 (↑ 10.18% from $1,095,000)
🔎 Summary & Market Insight:
- Sales volumes are down year-over-year across all sectors.
- Condo pricing remains strong and continues to rise.
- Single-family home prices show mixed results depending on the area.
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