In June, the sale of single-family homes rose from 175 in May to 189, marking an 18% increase from last June. Dive into the report below!
Number Of Sales
In June, the sale of single-family homes rose from 175 in May to 189, marking an 18% increase from last June. The majority were sold in Puna, North Kona, and South Hilo. Condo sales decreased from May’s 48 to 43, but this was a 30% increase from last June. In North Kona, 26 condos were sold, down from May but up from last June. Land sales fell from 148 in May to 139 in June, with Puna accounting for 94 of these, and remained unchanged from last June.
Average Days On Market
In June, single-family homes averaged 55 days on the market, down from 57 days in May and 64 days last year. In North Kona, this average was 41 days, slightly up from 38 days last year. Condo listings averaged 74 days, down from 76 days in May but up from 50 days last year. Land listings were on the market for 103 days, an increase from 79 days in May and 72 days last year.
Median Sales Price
In June, the median sales price for single-family homes on Hawaii Island rose to $608,500 from $550,000 in May. North Kona saw an increase to $1,322,500 from $1,210,000, marking a 19% rise compared to the previous year. Condos had a median sales price of $575,000, down from $816,000 in May. South Kohala’s condos were the most expensive, with a median price of $1,500,000. North Kona condos decreased to $585,000 from $650,000 in May and from $592,000 last June. The median land sales price was $55,000, down from $60,000 in May but up 25% from $40,000 last year at this time.
Contact your REALTOR for more specific information regarding sales in certain neighborhoods or parts of Hawaii Island!
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