Big Island Real Estate prices post upward movement of more than 18% in April

Big Island Real Estate - Home prices on Hawaii's Big Island rose by a lot more than 18 percent in April, in comparison to last
year, as sales of condominiums jumped and sales of single-family homes declined, based on statistics from Hawaii Information
Service on behalf of Hawaii Island Realtors.

Sales of condos on the Big Island jumped 28.6 percent to 90 units

sold in April, from 70 sold during exactly the same month last
year.
The median price of those units was $372,500, a growth of 18.7 percent from $313,750.

The median price of a single-family home rose 21.3 percent last month to $409,500, from $337,500 in April 2017. Sales,
however, declined to 194 homes sold, an 11 percent decrease from 218 homes sold in April 2017.

Sales of single-family homes in the Puna District, your website of

the Kilauea volcano eruption that started the other day, declined
in April to 65 homes sold, a 15.6 percent decrease from 77 homes
sold in April 2017.
The median price of these homes declined 2.3 percent to $215,000 from $220,000 last year.

Vacant land sales in Puna also declined to 121 transactions, from 137 in April 2017, a decline of 11.7 percent. The median price
of the land sales was $18,000, that has been 2.9 percent more compared to the median price last year, that has been $17,500.

How Much Can I Sell My Home For - How Much Will It Cost Me To
Sell My Home In Hawaii?

Full Blog: https://www.lailanbento.com/common-selling-mistakes-you-should-avoid Some of the common questions

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Big Island sale prices: Hawaii real estate forecast for 2018
As of Q3 2017, median year-to-date sales prices in Hawaii's Big Island Real Estate increased over exactly the same period in
2016 across five of the nine island districts with the best median price points in North Kohala ($700,000), North Kona ($671,000)
and South Kohala ($544,500).

The Ka'u District had the lowest median price of $209,500, up slightly from 2016. Puna at $233,000 is up $30,000 over 2016.
Meanwhile, North and South Hilo, and South Kona had very slight median price decreases from 2016.

The condo market on the Big Island is mainly made up of the populace centers of Hilo, Kona, and the Kohala Coast resort
areas.

All three districts saw seasonal decreases as a whole condo sales from Q2 2017, but year-to-date sales are up in every three
over the exact same period in 2016. Condo sales have remained strongest in North Kona and South Kohala, as both districts
also saw median year-to-date sales price increases.

Big Island real estate forecast for 2018

Hawaii's Kona market is continuing its recovery from the Great Recession. 2017 was a great year. Cumulative sales have been
climbing, and at the time of the finish of November, there have been 499 total house sales for the year, 441 condo sales and
113 land sales.

Houses and condos had already surpassed the previous year's total sales in November according to realtor Gretchen Osgood.
Inventory of houses in Kona was 194, condos were 155 and plenty of land was still available—179 lots, to be precise. However,
the numbers change drastically once the top quality is capped at under $1 million—with far fewer homes available.

The West Hawaii Big Island Real Estate market is reflecting a few of the price increases and supply shortages the mainland is
experiencing. That is, obviously, good news for sellers, but buyers need to work to find the correct property while it's still
available for Big Island Real Estate.