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 Mar 01 2021
This week the median list price for Kailua Kona, HI is $1,998,000 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has held steady at or around 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Kailua Kona, HI

Mon Mar 01 2021
This week the median list price for Kailua Kona, HI is $1,998,000 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has held steady at or around 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Kailua Kona market.
Median List Price $1,998,000
Per Square Foot $671
Days on Market 77
Price Decreased 21%
Price Increased 3%
Relisted 5%
Inventory 75
Median Rent $2,950
Most Expensive $24,000,000
Least Expensive $494,900
Market Action 46
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$7,150,000 5,427 0.5 - 1 acre 5 5 14 2 3 182
$3,650,000 3,393 0.5 - 1 acre 4 4 24 0 1 119
$1,499,000 2,972 0.25 - 0.5 acre 4 3 36 2 4 77
$708,000 1,592 0.25 - 0.5 acre 3 2 30 6 10 28