Edward J. Rapoza's Market Report

Kailua Kona, HI

Single-Family Homes

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



Kailua Kona, HI

Mon Jan 17 2022
This week the median list price for Kailua Kona, HI is $2,300,000 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has decreased to 36. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Kailua Kona, HI

Mon Jan 17 2022
This week the median list price for Kailua Kona, HI is $2,300,000 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has decreased to 36. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Kailua Kona market.
Median List Price $2,300,000
Median Price of New Listings $1,230,000
Per Square Foot $767
Average Days on Market 82
Median Days on Market 70
Price Decreased 11%
Price Increased 8%
Relisted 0%
Inventory 36
Median Rent $3,500
Market Action 56
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$14,400,000 5,744 1 - 2.5 acres 5 5 14 1 0 84
$3,495,000 3,588 1 - 2.5 acres 5 4 30 1 1 91
$1,799,000 2,468 0.25 - 0.5 acre 3 3 26 1 1 63
$795,000 1,180 8,000 - 10,000 sqft 3 2 29 4 2 21