Kona Kohala Blog

While the mainland continues its downward trend on both the number of sales of homes and the median prices, west Hawaii bucks that trend.  Here we see minor corrections in median price even though the number of sales is down guite a bit; only about a 4% decline in median price for homes in North Kona and less than 1% for homes in South Kohala.

The newspaper this morning reports the median price for a home on Hawaii's Big Island is under $400K for the first time in years.  What they don't say is that median price is for the entire island, an island where the median price can be less than $200K on the east side and over $600K on the west side.  They are grabbing headlines but they are not informing the public.