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May 2019

Found 3 blog entries for May 2019.

Thinking of a move to Hawaii? You may be researching what it takes to make the leap and move to Hawaii and LUVA Real Estate would like to offer you some helpful links and advice to make the transition easier if you do decide to make Hawaii home either as a renter or a homebuyer. (Of course, we would LOVE to sell you a home!)

Here are a few tips to keep in mind:

  • Do your research so you have a better idea of what it entails to move yourself, family and pets to an island. Below are great resources for you to start with.
  • Include the cost of your move into your plans. Some people can literally arrive off the plane with only what they can carry on board and set up shop on the island by buying what they need once they arrive. If that’s you, great. If
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Condos are still hot, hot, hot in North Kona and South Kohala with condo prices increasing 13.85% year over year and 5.70% since the beginning of 2019 to $370,000 up from $325,000 last year according to the Hawaii Information Service.

The number of sales of condos in North Kona increased 15.69% year over year with 51 closed sales in 2018 and 59 in 2019. South Kohala saw a 3.82% increase in the median price from January to April, 2019, although down 1.5% year over year. The median price for condos was $549,500 in April 2018 and $541,160 in April 2019. The number of condos sold rose from 35 closed sales in April 2018 to 40 closed sales in April 2019.

Lance Owens, LUVA Real Estate and past President of the West Hawaii Association of Realtors, explained

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May in West Hawaii is classified as a “shoulder month” as we experience a lull in tourism until it picks back up again when kids get out of school in June. Less crowds means more of an opportunity to attend a variety of cultural, local and musical events this month! New to the LUVA Real Estate calendar this month is the Pacific and Asian Cultural Fest with food tasting and a fashion show to showcase culture. Also, if you enjoy exercise AND food, check out the Charity Walk in Waikoloa, as this event features the top resorts offering up their tasty cuisine for the walkers who help support a variety of local charities. Happy May!

WHAT: KA'U COFFEE FESTIVAL HO'OLAULE'A

WHEN: May 4, 2019

WHERE:- Pahala in Ka’u

A full day of live music, hula, local

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