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Big Island Real Estate Report

October 2022

Market Statistics

Price Movement Up in October

Big Isl Median Sale Price movement is up in September 2022, with the home price up 11% to $540,000 and the condo price up 26% to $590,000 from last year.

Big Island Sales Activity Down in October

Big Isl sales activity is down in September 2022, with home sales down -24% and condo sales down -43% from last year.

One Island - Many Markets

The Big Island's 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 OCTOBER 2022 Last Month SEPTEMBER 2022 Last Year OCTOBER 2021
Median Sale Price $505,000 $530,000 $480,000
Average Sale Price $707,745 $760,485 $830,044
Homes Sold 184 205 260
Median Days on Market 24 26 10
Bid Ups 18% 25% 38%
CONDOMINIUMS This Month OCTOBER 2022 Last Month SEPTEMBER 2022 Last Year OCTOBER 2021
Median Sale Price $510,000 $640,000 $555,000
Average Sale Price $670,038 $1,005,871 $960,390
Condos Sold 39 51 76
Median Days on Market 6 7 4
Bid Ups 31% 24% 41%

MARKET REPORTS

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