Big Island Real Estate Update: Prices, Rates & Market Trends

Rates are stuck, buyers market continues for much of the island and we give sellers some advice in this market update. Our team discusses market trends in Kona, Waikoloa, Hilo, Puna, Ocean View, South Point, and more. We also dive into the latest mortgage rate news and how global events, inflation, and oil prices are impacting Hawaii buyers and sellers right now. In this update, our team covers: Kona and West Hawaii market trends Waikoloa Village and resort market activity East Hawaii, Hilo, and Puna statistics South Hawaii and Ocean View updates Condo vs single-family home trends Current buyer and seller strategies Mortgage rate insights from Guild Mortgage What buyers are negotiating right now Areas where homes are still selling quickly Why pricing strategy matters more than ever We’re seeing some interesting shifts across the island. Some homes are moving fast with multiple offers, while others are sitting longer and requiring price reductions. Condo inventory remains higher in many areas, while certain single-family homes are still seeing strong demand when priced correctly. If you’re thinking about buying, selling, relocating, or investing on Hawaii Island, this video gives you a real-world look at what local agents are actually seeing in today’s market. If you’re thinking about buying, selling, or investing in Hawaii Island real estate, feel free to reach out anytime. We can provide contact information for any of our team members around the island. Aloha and we’ll see you in the next one. If you’re thinking about buying a condo on the Big Island, we can help guide you through the process and point out what to look for in different complexes. Contact us below and subscribe for more Hawaii Island real estate insights. Julie and Eric Ziemelis 808-333-1004 [email protected] www.365HawaiiRE.com Licensee RS 85062