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West Hawaii Real Estate Market Update | Kona & South Kohala | May 2025
The West Hawaii real estate market is shifting, and if you've been waiting for the right moment, this update is for you. In this video, Mike covers current market conditions across North Kona and South Kohala, including what's driving the slowdown after a record April, where prices are headed, and why the short-term vacation rental condo segment is outperforming everything else.
What's covered in this update:
Why buyer activity stalled after a record-breaking April
How geopolitical uncertainty and consumer sentiment (74-year low per University of Michigan) are affecting Hawaii real estate
South Kohala residential units sold: down 7% year-to-date
South Kohala condo units sold: UP 10.5% year-to-date
North Kona residential units sold: down 11% year-to-date
North Kona condo units sold: down 6.5% year-to-date
Median home price in Kona: $1.3 million
South Kohala median price: $1,100,250 (and potentially trending below $1M)
Why this could be the buying opportunity buyers have been waiting for
Questions about buying or selling on the Big Island?
Reach out directly, Mike is happy to help you navigate this market.
š Serving Kailua-Kona, South Kohala, and all of West Hawaii
š” NextHome | West Hawaii Association of REALTORS
#KonaRealEstate #WestHawaiiRealEstate #BigIslandRealEstate #HawaiiRealEstateMarket #KailualKona #SouthKohala #HawaiiHomes #RealEstateUpdate #HawaiiMarketUpdate #BuyingInHawaii
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A few notes: I fixed "war in Iran" to a neutral reference since the transcript audio seemed garbled there, and I removed "Allah" at the end which was likely a transcription artifact of "Aloha." Let me know if you want a shorter version, a different call to action, or any tweaks.
I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. DO NOT make buying or selling decisions based on Mike Drutar videos. If you need such advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. or financial advisor. Any use of other media is by fair-use only.
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