Edward J. Rapoza's Market Report

Kailua Kona, HI

Single-Family Homes

Island Land Company Inc. | Principal Broker | 808-329-7170



Kailua Kona, HI

Wed Sep 22 2021
This week the median list price for Kailua Kona, HI is $1,175,000 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has increased to 55. Click here to stay informed with the Kailua Kona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Kailua Kona, HI

Wed Sep 22 2021
This week the median list price for Kailua Kona, HI is $1,175,000 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has increased to 55. Click here to stay informed with the Kailua Kona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Kailua Kona market.
Median List Price $1,175,000
Median Price of New Listings $997,050
Per Square Foot $562
Average Days on Market 72
Median Days on Market 21
Price Decreased 18%
Price Increased 2%
Relisted 4%
Inventory 55
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,250,000 4,738 1 - 2.5 acres 4 4 14 3 2 147
$1,624,500 2,458 0.25 - 0.5 acre 3 3 32 2 3 21
$982,050 2,254 0.25 - 0.5 acre 3 3 25 7 3 17
$637,000 1,168 8,000 - 10,000 sqft 3 2 34 4 3 24