Yesterday morning, it was difficult to explain to my French peers that I could see snow from my kitchen window…yes, right here on the Big Island of Hawaii, in the heart of Waikoloa Village.
The mountain of the Mauna Kea was shiny with its beautiful cap of snow due to the storm we had overnight. That’s the beauty of Waikoloa Village. On one side of my house I could enjoy the breathtaking view of the “white mountain,†and on the other side I could see the blue Pacific Ocean. Waikoloa Village is a community with lots to offer and only 15 minutes away from the Kohala Coast.
The real estate market is definitely picking up in my neck of woods. The 1st quarter of 2011 is looking good with 24 homes sold (from $182,500 to $695,000) compared to last year with only 14 homes sold (from $262,500 to $518,000).
Buyers are currently dealing with an inventory of 48 homes for sale, all different from one another, some with views, some are 2 stories:
- 18% of these homes are listed in the $200,000 range (most of them are distressed properties) such as this one with an “A†frame cottage-style (MLS# 239972).
- 37% of these homes are offered in the $300,000 range…no doubt, you would appreciate the value of this one with such privacy in a cul-de-sac (MLS# 242739).
- 24% are in the $400,000 range. Check this property with a larger lot (MLS# 242578).
- 21% are listed in the $500,000 or plus. This over-sized home has even guest quarters for your mainland visitors (MLS# 243008).
I recently had clients in the car and one of them was describing the village as follows:
“Waikoloa Village is the world’s biggest cul-de-sac and has great garage sales! A good size town with everything at proximity such as a school, post office, fire station, and a small shopping center only halfway up the hill from Waimea and the resorts along the Kohala Coast, without forgetting the Waikoloa Village Golf Club! A variety of homes to fit everyone’s criteria in this friendly neighborhood, ideal for people like us who aspire to make the most of island living.â€
After 13 years of living and working in Waikoloa Village, I couldn’t agree more!
Annie Mendoza, (RS)
April 13, 2011
Mahalo, Catherine! Sales really are picking up in our little town, Waikoloa Village, aren’t they? Wow! I love all you info and I’m sure your clients will benenfit from your extensive knowledge!!! Aloha! Au revoir!
Annie Mendoza, (RS)
April 13, 2011
Mahalo, Catherine! Sales really are picking up in our little town, Waikoloa Village, aren’t they? Wow! I love all you info and I’m sure your clients will benenfit from your extensive knowledge!!! Aloha! Au revoir!
Pat Strausse, R
April 13, 2011
Catherine – What a great picture of the snow on Mauna Kea! I love the little bit of a palm leaf in the foreground to frame the picture-you are such a pro at real estate as well as photography. Thanks for the great analysis of the market in Waikoloa and the break down of homes for sale right now. Interesting that about half of the homes listed for sale are priced in the $300,000’s or below. You really know your town!
Pat Strausse, R
April 13, 2011
Catherine – What a great picture of the snow on Mauna Kea! I love the little bit of a palm leaf in the foreground to frame the picture-you are such a pro at real estate as well as photography. Thanks for the great analysis of the market in Waikoloa and the break down of homes for sale right now. Interesting that about half of the homes listed for sale are priced in the $300,000’s or below. You really know your town!
Catherine Klug
April 13, 2011
You are right, Annie, sales are definitely picking up in Waikoloa Village: 21 condos & 24 homes sold for the 1st quarter of 2011! Rendez-vous in June for the results of the 2nd quarter.
Catherine Klug
April 13, 2011
You are right, Annie, sales are definitely picking up in Waikoloa Village: 21 condos & 24 homes sold for the 1st quarter of 2011! Rendez-vous in June for the results of the 2nd quarter.
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