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Competition Continues To Set Records
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Competition Continues To Set Records
March 2018
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Big Island prices are up in March, with the median home price up 3.5% from last year to $388,000 and the median condo price up 15.8% to $425,000.
The Big Island sales activity was relatively flat in March, with the number of home sales up 1.3% and condo sales up 1.7% from March last year.
On an annual basis, Big Island prices are still about 20-25% below their previous peaks in 2006.
| SINGLE FAMILY HOMES | MARCH 2018 |
FEBRUARY 2018 |
MARCH 2017 |
|---|---|---|---|
| Median Sale Price | $388,000 | $323,000 | $375,000 |
| Average Sale Price | $784,000 | $432,000 | $524,000 |
| Homes Sold | 236 | 158 | 233 |
| Median Days on Market | 70 | 57 | 63 |
| Bid Ups | 7% | 13% | 12% |
| CONDOMINIUMS | MARCH 2018 | FEBRUARY 2018 |
MARCH 2017 |
|---|---|---|---|
| Median Sale Price | $425,000 | $335,000 | $367,000 |
| Average Sale Price | $723,000 | $569,000 | $526,000 |
| Condos Sold | 83 | 61 | 82 |
| Median Days on Market | 64 | 51 | 55 |
| Bid Ups | 6% | 8% | 7% |
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