West Hawaii Real Estate Update June 2023

How’s the market in West Hawaii? Single family home prices are up, condo prices are down, interest rates are up – which is slowing buyer demand, but also making the market more balanced for the buyers that are hanging in there.
Lance Owens, LUVA Realty and Julie Ziemelis, KW Big Island discuss the stats, trends and issues affecting West Hawaii in this video.

North Kona Stats:
The median price of a single family home in North Kona is $1.245, a 24% increase year over year from $1,000,000 in June of 2022. Sales of homes dropped 13.3% year over year.
For Condos, the median price is $556k, a 3.3% decline year over year from $575k last year. There was a 17% drop in sales year over year.

Eric and Julie Ziemelis are the 365Hawaii Group Keller Williams Realty. We offer marketing expertise to home sellers with a large group of buyers from our private Facebook group. For Buyers, we offer expertise and resources to ensure we remove the uncertainly from the experience! We also partner with these fabulous Realtors and mortgage pros to help you buy or sell around the island. Looking for connections? Contact us!

Join our 365Ohana on www.365HawaiiLiving.com if you’d like to purchase a home on Hawaii Island or be referred to agents on other islands!

Eric Ziemelis | RS-80376
Julie Ziemelis | RS-85062
365 Hawaii Group
Keller Williams Big Island

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