There is great news as we enter the new year and look at the residential home sales data for the Kohala and Kona coasts of the Big Island. We can see that the sales have continued to improve since the lows in March and April of 2009.        

The chart I have included above clearly shows this trend, and may be telling us that anyone who was trying to time the bottom of the market, may have missed it!

  We have seen a lot of sales in the under $400,000 price range, and there is a good inventory all over the Big Island of quality homes in this range. This is something we have not seen in the Kona and Kohala areas since 2004!  The condo market in Kona remains a little weak, but thus far in January, 2010 we have seen a 9% increase in sales over 2009, so things are beginning to look up in that area as well. 
 

There are some great condos available at pre - 2006 prices, and this is great news if you are looking to buy, sell,
or just escape the cold weather and storms everywhere you look on the U.S. mainland. 
 

As I write this, it is 82 degrees, sunny,  the whales are swimming down the coast to their winter breeding grounds here, and residents and visitors are out front of our Keauhou office trying to learn the Hula- it doesn't get any better than this!

It is paradise here, so call or email me to find your place in the sun.