In November, single-family home sales fell from 170 to 156 but rose 12% from last year.
Number Of Sales
Most homes were sold in Puna (66), North Kona (22), and South Hilo (28). Condo sales increased from 42 to 45, a 50% rise from last year, with 28 sold in North Kona. Land sales dropped from 167 to 130, a 3.7% decrease from last year, with 76 sales in Puna.
Average Days On Market
In November, single-family homes were on the market for an average of 74 days, up from 61 days last month and 64 days last year. In North Kona, the average was 66 days, compared to 61 days last year. Condos averaged 60 days on the market, slightly down from 62 days in October but up from 32 days last year. Land listings averaged 87 days, down from 97 days last month and 129 days last year.
Median Sales Price
The median sales price for single-family homes on Hawaii Island increased from $545,000 in October to $550,000 in November. Condo prices rose from $610,000 to $650,000. Land prices declined to $44,000 in November from $50,000 in October.
Contact your REALTOR for more specific information regarding sales in certain neighborhoods or parts of Hawaii Island!