Kailua Kona Real Estate - Up over 60% for the month of October - 7 month trend

West Hawaii, more specifically the Kailua Kona area has seen a 63% increase over last Octobers sales - on Single Family Homes. This doesn't appear to be some blip on the horizon, at least not from where I sit. We have 7 months in row now that have at least met, actually 6 have exceeded, last years sales . This is great news for both Buyers and Sellers, here's why.

Sellers: Great News, the buyers are back, and they are opening up their wallets! (sales up 63%)

Buyers: Great News, nice selection of inventory, and as a general rule of thumb we are back at 2003 prices (prices down by 9% from last October)

For the complete report, visit my website below and click on the tab to the left - MLS Market Reports -

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive