The Kohala Market Snapshot for August 2025 spotlights Hawaii’s Big Island west coast, home to diverse landscapes and communities. The Kohala Coast is divided into North Kohala—featuring rural towns like Hawi and Kapa’au plus the exclusive Kohala Ranch—and South Kohala, known for its luxury resorts at Mauna Kea, Mauna Lani, and Waikoloa Beach. South Kohala also includes Waikoloa Village and the scenic town of Waimea in lush Waimea Valley. For current market trends in other areas, visit the Market Update Page on my website.
Q: How did single-family home sales perform in August 2025 compared to last year?
- Sales fell moderately year-over-year.
- 16 homes sold in August 2025 vs. 22 homes in August 2024.
- North Kohala: Down from 6 sales to 4.
- South Kohala: Down from 16 sales to 12.
Q: What about condo sales?
- Condo sales moved in the opposite direction, increasing slightly.
- 10 condos sold in August 2025 vs. 9 in August 2024.
Q: Are year-to-date sales volumes positive or negative?
- Despite the softer August numbers, year-to-date totals remain steady to slightly positive for single-family homes.
- Kohala Overall: 168 homes sold YTD (2025) vs. 166 (2024).
- North Kohala: Steady at 47 homes both years.
- South Kohala: Increased from 119 to 121 homes.
- Condos: Only segment with a YTD decline — 108 units (2025) vs. 131 units (2024).
Q: How did median sale prices perform in August?
- North Kohala: Significant increase — $875,000 (2024) to $1,140,125 (2025).
- South Kohala: Slight decline — $1,094,000 (2024) to $1,047,500 (2025).
- Condos: Strong growth — $1,030,000 (2024) to $1,276,500 (2025).
Q: What about year-to-date median prices?
- North Kohala: Down 5% — $1,000,000 (2024) to $950,000 (2025).
- South Kohala: Down 3.76% — $1,065,000 (2024) to $1,025,000 (2025).
- Condos: Up 10.8% — $1,065,000 (2024) to $1,180,000 (2025).
Q: What’s the overall market trend?
- Single-family homes: Cooling, with prices trending downward year-to-date.
- Condos: Strengthening, with consistent price growth all year.
- Buyers are showing continued demand for resort-area condos, often for investment or lifestyle purposes.
Key Takeaways of the Kohala Market Snapshot
- Single-family home sales fell in August, but year-to-date totals remain slightly positive.
- Condo sales grew modestly in August but are down year-to-date.
- Pricing trends are diverging: single-family homes are softening, condos are appreciating.
- North Kohala saw the strongest August price growth, while South Kohala declined slightly.
- Condos are the only market segment showing consistent year-to-date appreciation.
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