How a Waikoloa Villas Condo Sold Over Asking Price in a Slow Market

Waikoloa Village has always been an intriguing market, and if you’ve been following real estate trends here, you know how unpredictable the condo market can be.

This summer was particularly slow, with fewer buyers in the market and more properties coming up for sale, adding to the competition.

Based on current market data, I usually prepare my sellers for a timeline of at least four to six months, as the market in Waikoloa Village has been moving at slower summer pace. With an unpredictable market it’s even more important to carefully prepare and position properties to stand out.

Preparing the Property for Market

Selling a property is never just about putting up a sign—it’s a process that requires thoughtful preparation and attention to detail. For this condo, I worked closely with the homeowners to ensure every aspect of the sale was in order. From staging the property to gathering essential paperwork like rental data, utility records, and other details, we left no stone unturned.

We brought in a professional photographer to capture the property in its best light, highlighting its unique features. Crafting the right description for the property was equally important—we needed to convey what made this condo unique and why it was the perfect opportunity for the right buyer.

The Market Debut and an Over-Asking Offer

When we launched the property, it was ready to shine. On day one, the condo was live on the market, and everything was perfectly aligned. To my surprise (and delight), we received an offer over the asking price almost immediately!

Sometimes, the right property meets the right buyer at exactly the right time. These particular buyers had been waiting for this specific floor plan in this exact condo complex. What made it even more appealing? It was fully renovated, sold turnkey with high-end furniture and artwork, and came with the bonus of being an active short-term vacation rental with future bookings already in place. It was everything the buyers wanted—the best of the best!

Celebrating a Successful Closing

It’s always an honor to represent sellers, and moments like these remind me why I love what I do. Achieving a successful closing, especially in a slower condo market, is a reason to celebrate. While not every property sells over asking, when it does, it’s time to pop the champagne and savor the moment.

Why This Property Sold Over Asking

Several key factors contributed to this condo’s success, even in a slow market:

1. Full Renovation: The property was beautifully updated with high-end finishes, making it move-in ready.
2. Turnkey Sale: It was sold fully furnished with stylish furniture and curated artwork, adding significant value.
3. Active Short-Term Vacation Rental: With an established property manager and future bookings, it was a ready-made investment opportunity.
4. Prime Location: The classic real estate mantra—location, location, location—played a big role, as the condo was ideally situated within Waikoloa Villas.

Selling in a slow market isn’t always easy, but with the right preparation, strategic marketing, and a little bit of luck, amazing results are possible. If you’re considering selling your property, I’d love to help you navigate the process and maximize its potential.

Let’s talk about your goals—whether you’re buying, selling, or just curious about the real estate market. Waikoloa Village condo market is currently a slow market, but there’s always an opportunity waiting for the right strategy!

With the warmest aloha,
Leeana