The Big Island of Hawaii's residential real estate market showcased promising growth in March 2024, reflecting the island's enduring appeal and resilience. In Kailua-Kona, the median home list price climbed to $892,109, marking a 5% increase from the previous year, accompanied by a robust median price per square foot of $601. Meanwhile, Hilo demonstrated similar vitality with a median list price of $445,493, up 4.8% year-over-year, and a median price per square foot of $329. The Puna District and South Hilo also reported steady growth, with median home prices reaching $360,000 and $607,500, respectively.
Furthermore, the entire island experienced a significant uptick in sales activity, with condominium home sales rising by 34.9% in March compared to February of 2024. These figures underscore a vibrant market that continues to attract buyers and investors, driven by the Big Island's unique blend of natural beauty, community, and lifestyle opportunities.
Monthly Musings: To Dos and Treasures
Things to Do
Discover Big Island: snorkel in crystal waters, hike volcanoes, and savor local cuisine. Dive into adventures or relax in nature's beauty. For all upcoming events and adventures, click here!
The Want List
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