Second month in a row that homes sales met or exceeded last years numbers - is this the sign? These numbers are reported by the Hawaii MLS and your favorite Realtors.
I dont know - do you ever know? Anyway - take a look at the numbers and decide for yourself - its your money - not mine :)
Its actually easier to download and read from my webpage - click on - Market Reports - on the left side of the page!
Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
| MLS Sales Statistics | ||||||||||
| Number of Sales | ||||||||||
| 260 | 206 | <54> | <20.77%> | 1529 | 1117 | <412> | <26.95%> | |||
| MONTH OF | # | % | YEAR | # | % | |||||
| Big | June | Increase / | Increase / | TO DATE | Increase / | Increase / | ||||
| Island | 2008 | 2009 | <Decrease> | <Decrease> | 2008 | 2009 | <Decrease> | <Decrease> | ||
| ENTIRE | Residential | 109 | 99 | <10> | <9.17%> | 628 | 526 | <102> | <16.24%> | |
| Vacant Land | 116 | 79 | <37> | <31.90%> | 664 | 449 | <215> | <32.38%> | ||
| Commercial | 2 | 1 | <1> | <50.00%> | 16 | 4 | <12> | <75.00%> | ||
| Condominium | 32 | 27 | <5> | <15.63%> | 213 | 134 | <79> | <37.09%> | ||
| Business | 1 | 0 | <1> | <100.00%> | 8 | 4 | <4> | <50.00%> | ||
| PUNA | Residential | 41 | 37 | <4> | <9.76%> | 213 | 198 | <15> | <7.04%> | |
| Vacant Land | 73 | 53 | <20> | <27.40%> | 422 | 284 | <138> | <32.70%> | ||
| Commercial | 1 | 0 | <1> | <100.00%> | 5 | 0 | <5> | <100.00%> | ||
| Condominium | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Business | 0 | 0 | 0 | 1 | 0 | <1> | <100.00%> | |||
| SOUTH HILO | Residential | 21 | 13 | <8> | <38.10%> | 85 | 70 | <15> | <17.65%> | |
| Vacant Land | 5 | 3 | <2> | <40.00%> | 43 | 30 | <13> | <30.23%> | ||
| Commercial | 1 | 0 | <1> | <100.00%> | 5 | 1 | <4> | <80.00%> | ||
| Condominium | 5 | 5 | 0 | 0.00% | 19 | 20 | 1 | 5.26% | ||
| Business | 0 | 0 | 0 | 3 | 1 | <2> | <66.67%> | |||
| NORTH HILO | Residential | 1 | 1 | 0 | 0.00% | 4 | 5 | 1 | 25.00% | |
| Vacant Land | 0 | 2 | 2 | 0.00% | 7 | 10 | 3 | 42.86% | ||
| Commercial | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Condominium | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Business | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| HAMAKUA | Residential | 6 | 1 | <5> | <83.33%> | 13 | 10 | <3> | <23.08%> | |
| Vacant Land | 2 | 1 | <1> | <50.00%> | 6 | 6 | 0 | 0.00% | ||
| Commercial | 0 | 0 | 0 | 2 | 0 | <2> | <100.00%> | |||
| Condominium | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Business | 0 | 0 | 0 | 0 | 1 | 1 | 0.00% | |||
| NORTH KOHALA | Residential | 1 | 1 | 0 | 0.00% | 16 | 10 | <6> | <37.50%> | |
| Vacant Land | 7 | 2 | <5> | <71.43%> | 15 | 10 | <5> | <33.33%> | ||
| Commercial | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Condominium | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Business | 0 | 0 | 0 | 2 | 0 | <2> | <100.00%> | |||
| SOUTH KOHALA | Residential | 13 | 15 | 2 | 15.38% | 89 | 72 | <17> | <19.10%> | |
| Vacant Land | 5 | 4 | <1> | <20.00%> | 21 | 15 | <6> | <28.57%> | ||
| Commercial | 0 | 0 | 0 | 1 | 0 | <1> | <100.00%> | |||
| Condominium | 9 | 9 | 0 | 0.00% | 88 | 41 | <47> | <53.41%> | ||
| Business | 1 | 0 | <1> | <100.00%> | 1 | 0 | <1> | <100.00%> | ||
| NORTH KONA | Residential | 22 | 26 | 4 | 18.18% | 152 | 119 | <33> | <21.71%> | |
| Vacant Land | 6 | 3 | <3> | <50.00%> | 34 | 21 | <13> | <38.24%> | ||
| Commercial | 0 | 0 | 0 | 3 | 2 | <1> | <33.33%> | |||
| Condominium | 18 | 13 | <5> | <27.78%> | 106 | 73 | <33> | <31.13%> | ||
| Business | 0 | 0 | 0 | 1 | 1 | 0 | 0.00% | |||
| SOUTH KONA | Residential | 1 | 2 | 1 | 100.00% | 20 | 12 | <8> | <40.00%> | |
| Vacant Land | 6 | 2 | <4> | <66.67%> | 28 | 16 | <12> | <42.86%> | ||
| Commercial | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Condominium | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Business | 0 | 0 | 0 | 0 | 1 | 1 | 0.00% | |||
| KA'U | Residential | 3 | 3 | 0 | 0.00% | 36 | 30 | <6> | <16.67%> | |
| Vacant Land | 12 | 9 | <3> | <25.00%> | 88 | 57 | <31> | <35.23%> | ||
| Commercial | 0 | 1 | 1 | 0.00% | 0 | 1 | 1 | 0.00% | ||
| Condominium | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Business | 0 | 0 | 0 | 0 | 0 | 0 |
Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
Never thought I would see the day, that beautiful condo complex in Waikoloa Beach Resort, known as Kolea, has 3 active foreclosure listings, at unbelievable prices. Were talking Oceanside swimming pool and Jacuzzi, work out room, owners club that includes use of the Oceanfront Hales, were talking luxury at its finest - this place even out classes Mauna Lani Resort !
Unit 16G - ground floor unit, listed at $499,000 - Developer sold this unit for $890,000 in 2006
Unit 9F - 3rd floor, with shoreline views down into the beach at A-bay! not huge views - but views - great vacation rental potential - listed at $510,000 - developer sold for $1,049,000. back in 2006
Unit 16M - 3rd floor end unit, extra windows, skylights, - some views - listed at $537,900 - sold by developer for $1,195,000 back in 2006
If I only had 16M, located where 9F is, at 16G's price - I can dream cant I - I mean at less than 50 cents on the dollar - how can you beat it?
Here is an active list as of July 1, 2009
Copyright 7/1/2009 by Hawaii Information Service
| Search criteria: TMK Project Kolea Condo Villas. MLS Status Active |
| MLS DATA | ||||||||||
| MLS # | Tp | St | DOM | Taxkey | Tnr | Price | Location | Land area | Details | |
| 224888 | T | A | 20 | 3-6-9-11-19-121 |
FS | $499,900 | Kolea Condo Villas #16G | 1,270 #16G 2/2 | ||
| 223557 | T | A | 68 | 3-6-9-11-19-54 |
FS | $510,000 | Kolea Condo Villas #9F | 1,270 #9F 2/2 | ||
| 223139 | T | A | 82 | 3-6-9-11-19-126 |
FS | $537,900 | Kolea Condo Villas #16M | 1,554 #16M 2/2 | ||
| 224180 | T | A | 40 | 3-6-9-11-19-103 |
FS | $649,000 | Kolea Condo Villas #11G | 1,270 #11G 2/2 | ||
|
216515 | T | A | 264 | 3-6-9-11-19-66 |
FS | $675,000 | Kolea Condo Villas #11F | 1,270 #11F 2/2 | |
| 219304 | T | A | 187 | 3-6-9-11-19-101 |
FS | $895,000 | Kolea Condo Villas #9L | 1,554 #9L 2/2 | ||
|
217029 | T | A | 257 | 3-6-9-11-19-98 |
FS | $995,000 | Kolea Condo Villas #9H | 1,270 #9H 2/2 | |
| 216384 | T | A | 271 | 3-6-9-11-19-123 |
FS | $999,000 | Kolea Condo Villas #16J | 1,270 #16J 2/2 | ||
| 216304 | T | A | 261 | 3-6-9-11-19-93 |
FS | $1,099,000 | Kolea Condo Villas #16C | 1,554 #16C 2/2 | ||
| 211459 | T | A | 136 | 3-6-9-11-19-11 |
FS | $1,260,000 | Kolea Condo Villas #2E | 2,147 #2E 3/3.5 | ||
|
221354 | T | A | 127 | 3-6-9-11-19-114 |
FS | $1,450,000 | Kolea Condo Villas #14M | 1,554 #14M 2/2 | |
|
224884 | T | A | 21 | 3-6-9-11-19-77 |
FS | $1,499,000 | Kolea Condo Villas #13E | 2,147 #13E 3/3.5 | |
| 204693 | T | A | 313 | 3-6-9-11-19-37 |
FS | $1,575,000 | Kolea Condo Villas #7A | 1,716 #7A 3/3 | ||
|
207320 | T | A | 506 | 3-6-9-11-19-31 |
FS | $1,575,000 | Kolea Condo Villas #6A | 1,716 #6A 3/3 | |
|
206778 | T | A | 512 | 3-6-9-11-19-22 |
FS | $1,595,000 | Kolea Condo Villas #4D | 1,716 #4D 3/3 | |
| 219370 | T | A | 185 | 3-6-9-11-19-35 |
FS | $1,895,000 | Kolea Condo Villas #6E | 2,147 #6E 3/3.5 | ||
| 214465 | T | A | 328 | 3-6-9-11-19-68 |
FS | $1,995,000 | Kolea Condo Villas #12B | 2,147 #12B 3/3.5 | ||
| 169375 | T | A | 1,257 | 3-6-9-11-19-71 |
FS | $2,095,000 | Kolea Condo Villas #12E | 2,147 #12E 3/3.5 | ||
| 180817 | T | A | 1,067 | 3-6-9-11-19-74 |
FS | $2,195,000 | Kolea Condo Villas #13B | 2,147 #13B 3/3.5 | ||
| 190558 | T | A | 1,555 | 3-6-9-11-19-12 |
FS | $2,195,000 | Kolea Condo Villas #2F | 2,147 #2F 3/3.5 |
| This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. |
Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
Hawaii Real Estate Market - a spike or are we are on our way to recovery?
With less than a week left in the month, Kona is still tracking just one shy of last years home sales. I think that is pretty good - considering that we were off by <65%> in January. I pulled out my crystal ball and cleaned it up a bit - and it told me that we would match last years sales, if not beat it by one.
Is this a trend? or just a spike ?
Well - last months sales were dead even with May 2008 numbers, so I would say that we may be recovering? I think a lot of it has to do with the prices - we now have 16 homes listed as active for under $300,000 !!!
Here is a list of those homes
Copyright 6/24/2009 by Hawaii Information Service
| Search criteria: TMK Taxkey 3-7. MLS Status Active. MLS Form Residential. MLS Price to 300,000 |
| MLS DATA | ||||||||||
| MLS # | Tp | St | <!-- <TD style="FONT-SIZE: 11px; FONT-FAMILY: Verdana" mce_style="FONT-SIZE: 11px; FONT-FAMILY: Verdana" style="FONT-SIZE: 11px; FONT-FAMILY: Verdana" mce_style="FONT-SIZE: 11px; FONT-FAMILY: Verdana" style="CURSOR: hand; TEXT-DECORATION: underline" mce_style="CURSOR: hand; TEXT-DECORATION: underline" nowrap id="SH_4" srtTp="2" stFld="mls$dom" drg="1" title="Click to sort on this column Click and drag to move it Right-Click for more options" nowrap><b>DOM</b></td> -->DOM | Taxkey | Tnr | Price | Location | Land area | Details | |
| 214948 | RS | A | 306 | 3-7-6-19-76 |
FS | $199,000 | 76-6176 Plumeria Rd | 9,878 sqft | 1,450 4/1.5 | |
| 223205 | RS | A | 72 | 3-7-4-13-80 |
FS | $224,900 | 74-5168 Puuolokaa Pl | 5,130 sqft | 1,034 3/2 | |
| 219617 | RS | A | 169 | 3-7-4-11-6 |
FS | $249,000 | 74-5140 Palihiolo Pl | 3,506 sqft | 1,380 4/1.5 | |
| 224955 | RS | A | 12 | 3-7-6-19-62 |
FS | $249,999 | 76-6187 Plumeria Rd | 8,760 sqft | 1,048 2/2 | |
| 214105 | RS | A | 324 | 3-7-3-14-35 |
FS | $250,000 | 73-4214 Kiekie St | 7,518 sqft | 864 3/1 | |
| 224476 | RC | A | 15 | 3-7-6-25-40-1 |
FS | $251,900 | 76-403 Kanaka St #40A | 5,000 sqft | 810 2/2 | |
| 220379 | RS | A | 143 | 3-7-4-18-100 |
FS | $275,500 | 74-5023 Kealakaa St | 7,539 sqft | 1,964 4/3 | |
| 225027 | RC | A | 8 | 3-7-6-25-6-2 |
FS | $276,900 | 76-302 Kealoha St #6B | 5,063 sqft | 861 2/2 | |
| 225176 | RS | A | 4 | 3-7-5-26-31 |
FS | $279,900 | 75-5780 Kalala Pl | 7,926 sqft | 1,980 3/2 | |
| 219963 | RS | A | 71 | 3-7-4-16-21 |
FS | $285,000 | 74-5040 Palani Rd | 7,500 sqft | 1,356 2/2 | |
| 224460 | RS | A | 23 | 3-7-4-13-99 |
FS | $289,000 | 74-5204 Kauwela Pl | 5,094 sqft | 836 2/1 | |
| 222698 | RS | A | 76 | 3-7-8-4-21 |
LH | $295,000 | 78-6949 Mamalahoa Hwy | 30,056 sqft | 1,352 3/2 | |
| 218747 | RS | A | 202 | 3-7-7-15-46 |
FS | $299,000 | 77-6456 Sea View Cir | 8,533 sqft | 1,208 3/2 | |
| 221465 | RS | A | 117 | 3-7-7-16-25 |
FS | $299,000 | 77-6542 Sea View Cir | 9,295 sqft | 924 3/1 | |
| 225028 | RS | A | 8 | 3-7-3-45-51 |
FS | $299,900 | 73-1097 Oluolu St | 9,305 sqft | 1,607 3/2 | |
| 215410 | RC | A | 289 | 3-7-6-25-37-1 |
FS | $300,000 | 76-398 Kanaka St #37A | 5,115 sqft | 810 2/2 |
| This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. |
Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
I know, your probably thinking it must be sitting on the edge of the current Lava flow, but NO - this is actually in the center of Kailua Kona, about 1,500 feet from the beach you see below.
Yes it is a handyman special, and yes it is a Short Sale - but - 1,500 feet from that beach - under $200,000?
I have one, 5 houses away from there - for $249,000 - and I bet the bank would accept $225,000 - So what are you waiting for. Interest Rates to go up?
Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
Its really hard to concentrate on work - when all you hear is the surf slamming in the background - here is the surf report
3-4 ft.
waist to chest high with occasional 5 ft.
and fair-good conditions.
New SSW swell looks like it is trying to fill in along the coast this morning. Waves are in the waist to chest high range with some near head high sets. Winds light in the morning with onshore sea breezes in the afternoon.
WEATHER:
Mostly sunny in the morning, then mostly cloudy with scattered showers in the afternoon. Haze through the day. Highs around 86 at the shore to around 71 at 5000 feet. Light winds becoming west around 10 mph in the late morning and afternoon. Chance of rain 40 percent. BIG ISLAND HAWAII SOUTH'S REGIONAL OVERVIEW:
Another day of solid waves for southern exposures as that new SSW swell looks to be filling in this morning. Waves along the Kona coast and southern shorelines are in the solid waist to chest high range with an inconsistent near head/overhead high set. Windswell has disappeared so mostly flat conditions for the north and east exposures. Trade winds are decreasing so get on it early for glassy morning conditions. Is there more surf on the horizon? Check our extended forecast for all the details.
Not a bad day at the beach
So why I am here I might as well plug a couple of my listings - all within a couple of miles of the these surf spots.
Kona Pacific -4th floor - ocean views - 1 bed 2 bath unit- vacation rental approved $229,000. 300 feet from the ocean

Kona Alii - peek a boo ocean view - located on Alii Drive - 1 bedroom, 2 bath - vacatoin rental approved $199,000. - 150 feet from the ocean
Kahaluu Bay VIllas - Ocean Views - Ocean Views - 2 bed , 2 bath - vacation rental approved $330,000 - across the street from Kahaluu Beach

Aloha, and have a great day
Lance Owens (RS)
(808) 936-8383
Aloha Kona Realty Inc.
78-6740 Alii Drive
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