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Competition Continues To Set Records
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Competition Continues To Set Records
November 2018
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Big Island price movement was mixed in November 2018, with the median home price down -3.5% to $358,000 and the median condo price up 4.8% to $352,000.
Big Island sales activity was down again in November, with the number of home sales down -4.3% and condo sales down -20.6% from November last year.
About 40% of Big Island home sales are on the West Side, where 90% of condo sales are on the West Side.
| SINGLE FAMILY HOMES | This Month NOVEMBER 2018 | Last Month OCTOBER 2018 | Last Year NOVEMBER 2017 |
|---|---|---|---|
| Median Sale Price | $358,000 | $337,000 | $371,000 |
| Average Sale Price | $536,000 | $460,000 | $744,000 |
| Homes Sold | 180 | 182 | 188 |
| Median Days on Market | 54 | 50 | 40 |
| Bid Ups | 9% | 13% | 14% |
| CONDOMINIUMS | This Month NOVEMBER 2018 | Last Month OCTOBER 2018 | Last Year NOVEMBER 2017 |
|---|---|---|---|
| Median Sale Price | $352,000 | $329,000 | $336,000 |
| Average Sale Price | $717,000 | $504,000 | $561,000 |
| Condos Sold | 50 | 68 | 63 |
| Median Days on Market | 40 | 44 | 69 |
| Bid Ups | 2% | 3% | 6% |
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