November 2025 Hawaiʻi Island Real Estate Market Report: Trends, Pricing & Buyer Activity
Hawaiʻi Island’s real estate market shifted into a more deliberate pace through November, as buyers navigated changing conditions shaped by seasonal sales patterns and varied pricing across districts. Single-family home pricing held firm despite lower transaction volume, while condo and land markets reflected longer decision timelines — creating opportunity for buyers focused on value, lifestyle, and long-term planning.
Read the Full Hawai’i Island November 2025 Report Here!
Single-Family Homes: Higher Prices Amid Slower Sales
Single-family home activity on Hawaiʻi Island slowed in November, with 131 closed sales, down from October as the market shifted into a more seasonal rhythm. Despite lower volume, pricing moved higher, signaling continued buyer confidence in well-positioned homes.
Key Metrics for November 2025:
Closed Sales: 131
Median Price: $525,000
Average Days on Market: 75 days
While fewer homes changed hands compared to last month, average days on market improved, indicating that buyers remain engaged when homes are priced appropriately. Demand stayed strongest in Puna and North Kona, where affordability and lifestyle appeal continue to anchor activity.
Big Island Condo Market: Steady Demand with Longer Timelines
The condo market held relatively steady in November, with 38 condo sales, nearly matching October’s pace but remaining below last year’s total. Pricing softened slightly as buyers exercised greater selectivity.
Condo Market Highlights:
Closed Sales: 38
Median Price: $604,912
Average Days on Market: 100 days
Longer marketing times reflect a more deliberate buyer approach, particularly in resort-oriented areas. Still, demand persisted in North Kona and South Kohala, where location and amenities continue to drive long-term interest.
Land Sales: Lower Volume, Stable Long-Term Pricing
Land activity slowed in November, with 90 sales, down from both October and last year. Even so, median pricing remained consistent with historical norms, underscoring sustained interest in buildable and affordable parcels.
Land Market Highlights:
Closed Sales: 90
Median Price: $42,250
Average Days on Market: 107 days
Most land transactions occurred in Puna, reinforcing its role as the island’s most active land market and a key entry point for buyers seeking long-term opportunity.
Islandwide Insights: A Market Moving with Intention
November’s data reflects a Hawaiʻi Island market that is cooling in volume but steady in fundamentals. Buyers are taking more time to evaluate value, while sellers are adjusting expectations to align with current conditions.
Key dynamics shaping today’s Big Island market:
Transaction volume eased across all property types
Pricing remained stable to higher in single-family homes
Buyers are prioritizing value, location, and long-term use
Well-priced listings continue to attract attention
East and West Hawaiʻi markets continue to perform differently
Across districts such as Puna, North Kona, South Kohala, South Hilo, and Kaʻū, activity varied by price point and property type, but demand remained consistent where affordability and lifestyle intersect.
What This Means for Buyers & Sellers
For Buyers:
More time to evaluate options and negotiate thoughtfully
Opportunities across single-family, condo, and land markets
Favorable conditions for long-term ownership planning
For Sellers:
Pricing strategy matters more than timing
Homes that show well and are priced realistically continue to sell
Longer market times reflect buyer caution, not lack of interest
Your Next Step: Connect with a LUVA Realtor
Every area of Hawaiʻi Island behaves differently — from East Hawaiʻi’s affordability-driven markets to West Hawaiʻi’s lifestyle-focused communities. Whether you’re buying, selling, or investing, your LUVA Realtor can help you interpret local data and navigate today’s market with clarity and confidence.