Big Island Real Estate Market Update | November 2024 | Kona • Waikoloa • South Hawaii

List to sales is dropping in West Hawaii amd days on market is lengthening. Here’s your November 2024 Big Island Real Estate Market Update—featuring hyper-local insights from experts across the island. This month’s report covers West Hawaii, North Hawaii, South Hawaii, South Kona, the resorts, and neighborhood-level trends, plus a deep dive mortgage update from lending expert Travis Green of Guild Mortgage.


In this episode, we break down:

📊 Big Island Market Trends
• What’s happening with interest rates (and why they aren’t moving much)
• How U.S. Treasury issuance & deficits are affecting long-term rates
• Why buyers waiting for “5% mortgages” may be waiting a long time
• Strategy talk: buy-downs, closing credits & pricing realities

🏠 Regional Updates from Local Pros

South Hawaii (Andy Madrid – Real Broker):
• Surge in land listings, varied pricing, Lava Zone 2 lending issues
• Multiple offers happening if the property is priced right
• Real talk on unpermitted homes, cash-only properties, and buyer hesitation

North Hawaii / Waikoloa (Tanya Klett – Real Broker):
• Condos sitting longer, price reductions becoming the norm
• Buyers waiting for “the bottom”
• Seasonal slowdown & best listing practices for holiday months
• Resort market: big inventory + major price drops

West Hawaii + Kona Neighborhoods (Eric Ziemelis):
• Lokahi Makai, Pualani Estates & Alii Lani updates
• Inventory shift: more actives, more contingent sales = signs of movement
• Insurance cost adjustments leading to new activity in Alii Lani

West Hawaii Snapshot (Julie):
• Kona SFH median prices
• Condo pricing softening, especially STVRs
• Days on Market rising, buyers cautious, sellers adjusting

💡 For Buyers & Sellers:

We discuss:
• Pricing strategies that work right now
• Why the first offer is often the best offer
• How to use seller concessions instead of price cuts
• Showing availability, staging, and STR showing challenges during holidays
• Pre-approvals vs. pre-qualifications (and why it matters)

If you’re thinking about buying or selling on the Big Island, reach out to any member of our team—we’re here to help you navigate this shifting market. All contact info is in the description below!

👉 Subscribe, hit the bell, and don’t miss next month’s year-end market update!
🌺 Happy Thanksgiving & Happy Holidays from the 365Hawaii Ohana!

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👉 Thinking about moving here? Let’s talk story — we’re here to guide you.

Connect with us:
Julie Ziemelis | RS-85062 | REAL Broker
📧 [email protected]
📞 808-333-1004
🌐 www.365hawaiiRE.com

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Ultimate Coastal Property Management: Mastering Waterfront Leasing, Marina Operations & Oceanfront Rentals

Why Coastal Property Management is Essential

Managing coastal properties demands a unique blend of expertise and dedication. Coastal Property Management ensures that your waterfront assets not only retain their value but also thrive in the dynamic marine environment. From maintaining pristine beachfronts to navigating complex shoreline compliance regulations, professional management is key to unlocking the full potential of your oceanfront investments.

Waterfront Leasing: Maximizing Your Property's Potential

Waterfront Leasing is a lucrative opportunity for property owners looking to capitalize on their prime locations. Effective leasing strategies involve understanding market demands, setting competitive rates, and attracting quality tenants who appreciate the unique allure of waterfront living. By partnering with experienced property managers, owners can ensure high occupancy rates and optimal returns on their investments.

Beachfront Maintenance: Preserving Natural Beauty

Beachfront Maintenance is crucial for sustaining the aesthetic and structural integrity of coastal properties. Regular upkeep includes shoreline cleaning, erosion control, and the upkeep of facilities such as boardwalks and recreational areas. Proactive maintenance not only enhances the property's appeal but also complies with environmental standards, ensuring a harmonious balance between development and nature.

Marina Operations: Seamless Management of Marine Facilities

Effective Marina Operations are the backbone of any successful waterfront property. This involves managing dock spaces, ensuring the availability of essential services, and providing a safe and welcoming environment for boaters and enthusiasts. Streamlined operations enhance the overall experience, making your marina a preferred destination for boating activities and waterfront leisure.

Shoreline Compliance: Navigating Regulations with Confidence

Shoreline Compliance is non-negotiable in coastal property management. Adhering to local, state, and federal regulations ensures that your property remains legally sound and environmentally responsible. Professional property managers stay abreast of the latest compliance requirements, managing permits, and implementing necessary measures to protect both the property and the surrounding ecosystem.

Oceanfront Rentals: Creating Memorable Guest Experiences

Oceanfront Rentals offer unparalleled experiences for guests seeking the serenity and beauty of coastal living. Crafting memorable stays involves providing top-notch amenities, personalized services, and maintaining high standards of cleanliness and comfort. By focusing on guest satisfaction, property managers can foster repeat business and positive reviews, driving long-term success for your rentals.

Saltwater Property Care: Protecting Against Harsh Marine Elements

Saltwater Property Care is essential for combating the corrosive effects of the marine environment. This includes using specialized materials and coatings, regular inspections, and timely repairs to mitigate damage caused by saltwater exposure. Investing in robust property care measures extends the lifespan of structures and maintains the overall value of your coastal investments.

Conclusion

Mastering Coastal Property Management requires a comprehensive approach that encompasses Waterfront Leasing, Beachfront Maintenance, Marina Operations, Shoreline Compliance, Oceanfront Rentals, and Saltwater Property Care. By leveraging professional management services, property owners can ensure their waterfront assets remain valuable, attractive, and compliant. Embrace the expertise of seasoned coastal property managers to navigate the complexities of the seaside market and achieve sustained success.