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Big Island Real Estate Report

MARCH 2024

Market Statistics

BIG ISLAND MEDIAN PRICES UP COMPARED TO MARCH 2023

Big Island median sale price movement is up in March 2024, with the home price up 5% to $575,000 and the condo price up 13% to $672,500 from last year.

BIG ISLAND SALES ACTIVITY MIXED FROM MARCH 2023

Big Island sales activity is mixed in March 2024, with home sales down -9% and condo sales flat 0% from last year.

MEDIAN DAYS ON MARKET DOWN FROM MARCH 2023

Big Island market times are down in March 2024, with the home Days on Market down -32% to 32 and the condo Days on Market down -21% to 11 from last year.

SINGLE FAMILY HOMES This MONTH MARCH 2024 Last MONTH FEBRUARY 2024 Last Year MARCH 2023
Median Sale Price $575,000 $500,500 $550,000
Average Sale Price $955,597 $1,250,737 $834,014
Homes Sold 149 170 164
Median Days on Market 32 27 47
Bid Ups 14% 17% 13%
CONDOMINIUMS This MONTH MARCH 2024 Last MONTH FEBRUARY 2024 Last Year MARCH 2023
Median Sale Price $672,500 $685,000 $595,000
Average Sale Price $1,142,008 $1,221,123 $954,923
Condos Sold 58 43 58
Median Days on Market 11 13 14
Bid Ups 16% 19% 12%
MARKET REPORTS

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