Howard's Business Report - Home Sales - Hawaii News Now - KGMB and KHNL

Howard's Business Report - Home Sales

Honolulu (HawaiiNewsNow) - Here are the first home sales reports from June, for Big Island and Kauai, posted by Hawaii Information Service - and both showing some good prices deals in a variety of levels of the market.

The Big Island saw 147 home sales, a third of them in Puna and another third in Kona - the big difference as usual being the median price – 400,000 in Kona, less than 145,000 in Puna - slow market, the Big Island median condo price rose almost a third from last year to 240,000.

 Kauai saw 27 home sales - Koloa district had the most, eight of them - and 26 condo sales, most of them in either Lihue or Hanalei - the median home price is down about 20,000, condos down more than 40,000.

The Big Island and Kauai don't always reflect trends on Maui and Oahu - but based on recent data it seems reasonable to say prices are still bargains compared to what you'll see when investors re-enter the market - which they mostly haven't done yet.

Powered by Frankly