The number of listings in South Kohala and North Kona don't seem to be changing much but the price ranges do
The Single Family Residences (SFR's) in North Kona are mostly under the $1M mark and the bulk of those are under $500,000. This is where we've seen most of the sales over the last couple of years as first time home buyers and investors scoop up the good deals while taking advantage of the low interest rates.
North Kona condos are also in the under $500,000 range with many of them under $200,000 giving both home buyers and investors lots to choose from if they're looking for a condo. In South Kohala the largest numbers of both SFR's and condos are found under $500,000 also.
Most of our buyers today are retirees or soon to be retirees along with some first timers, those who can qualify, and investors, many of whom are using cash for their purchases.
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