The West Hawaii housing market is still holding strong as demand is still there pushing down inventory. There are still some deals in condos. The median price of a single family home is $620k in Kailua Kona, a slight decrease from last year. South Kohala saw price appreciation over last year with a median price currently at $582,000.
July was quite a busy month for condo sales in North Kona with a 108.33% increase year over year from 24 sales in 2016 to 50 sales in 2017 and a 108% increase in sales volume year over year, as well. In South Kohala, the sales volume for condos was up 66.73% over July of 2016. Home prices in Kona are almost at 2006 levels.