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Big Island Real Estate Report

APRIL 2023

Market Statistics

BIG ISLAND MEDIAN PRICES DOWN COMPARED TO APRIL 2022

Big Island median sale price movement is down in April 2023, with the home price down -15% to $447,500 and the condo price down -22% to $552,000 from last year.

BIG ISLAND SALES ACTIVITY DOWN FROM APRIL 2022

Big Island sales activity is down in April 2023, with home sales down -34% and condo sales down -28% from last year.

MEDIAN DAYS ON MARKET UP FROM APRIL 2022

Big Island market times are up in April 2023, with the home Days on Market up 207% to 43 and the condo Days on Market up 250% to 21 from last year.

SINGLE FAMILY HOMES This MONTH APRIL 2023 Last MONTH MARCH 2023 Last Year APRIL 2022
Median Sale Price $447,500 $550,000 $525,000
Average Sale Price $669,446 $836,063 $988,870
Homes Sold 162 163 246
Median Days on Market 43 47 14
Bid Ups 14% 13% 34%
CONDOMINIUMS This MONTH APRIL 2023 Last MONTH MARCH 2023 Last Year APRIL 2022
Median Sale Price $552,000 $595,000 $709,950
Average Sale Price $947,977 $954,923 $1,197,008
Condos Sold 62 58 86
Median Days on Market 21 14 6
Bid Ups 21% 12% 52%
MARKET REPORTS

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