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Big Island Real Estate Report

November 2018

Market Statistics

Price Movement Mixed in November

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 Down from Last Year

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.

One Island - Two Markets

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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