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 Dec 07 2022
This week the median list price for Kailua Kona, HI is $1,350,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has decreased to 75. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Kailua Kona, HI

Wed Dec 07 2022
This week the median list price for Kailua Kona, HI is $1,350,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has decreased to 75. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Kailua Kona market.
Median List Price $1,350,000
Median Price of New Listings $742,000
Per Square Foot $715
Average Days on Market 115
Median Days on Market 91
Price Decreased 45%
Price Increased 3%
Relisted 4%
Inventory 75
Median Rent
Market Action 37
Slight Seller's Advantage

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
$3,199,500 3,767 1 - 2.5 acres 5 4 23 0 0 140
$1,500,000 2,168 0.5 - 1 acre 4 3 20 0 2 105
$1,150,000 1,777 0.25 - 0.5 acre 3 2 19 0 2 77
$790,000 1,188 6,500 - 8,000 sqft 3 2 33 2 3 63