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Big Island Real Estate Report

August 2021

Market Statistics

Price Movement Mixed in August

Big Isl Median Sale Price movement is mixed in August 2021, with the home price up 14% to $502,500 and the condo price down -9% to $430,000 from last year.

Big Island Sales Activity Up in August

Big Isl sales activity is up in August 2021, with home sales up 10% and condo sales up 38% from last year.

One Island - Many Markets

August home and condo prices are similar, rare for any market. This reflects the majority mix of condos on the West side and the majority mix of homes on the East side of the island.

SINGLE FAMILY HOMES This Month AUGUST 2021 Last Month JULY 2021 Last Year AUGUST 2020
Median Sale Price $502,500 $430,000 $439,000
Average Sale Price $749,325 $917,824 $586,874
Homes Sold 264 259 241
Median Days on Market 10 11 33
Bid Ups 35% 39% 15%
CONDOMINIUMS This Month AUGUST 2021 Last Month JULY 2021 Last Year AUGUST 2020
Median Sale Price $430,000 $484,500 $475,000
Average Sale Price $836,424 $828,956 $655,747
Condos Sold 90 82 65
Median Days on Market 5 7 42
Bid Ups 42% 35% 2%

MARKET REPORTS

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