In just one month, Waikoloa Village homes saw their value go up by 20%.
March sales numbers are in for homes in this Kohala Coast community. While the overall number of sales—five for the month—was on track with January and February, the average price increased from $333,722 for the 1st two months of 2010 up to $400,000 in March.
This Waikoloa Village home (MLS# 219391) features hardwood floors throughout as well as stunning mountain and coastal views
The most notable change in March sales was the absence of any homes selling in the $200,000 range. Rather, sale prices ranged from $334,000 all the way up to $510,000. As the the average sales price of $400,000 was only $10,000 less than the average asking price, buyers apparently found little negotiating room.
April, too, should be a busy sales month at Waikoloa Village, given the 19 homes currently in escrow, many of which should be closing this month. The village is also likely to attract many last-minute home buyers eager to take advantage of the $8,000 federal tax credit before it expires at the end of April. For these reasons, the value of homes at Waikoloa Village will likely continue to increase next month, reflecting increasing demand for these properties.
Contact me for more information about the numerous homes for sale in Waikoloa Village.
Justin - Head Web Head
April 6, 2010
Isn’t this what everybody is afraid of, missing the bottom of the market? Buyers beware, certain neighborhoods are starting to see prices rise.
Justin - Head Web Head
April 6, 2010
Isn’t this what everybody is afraid of, missing the bottom of the market? Buyers beware, certain neighborhoods are starting to see prices rise.
Katie Minkus, R(B)
April 6, 2010
$510,000 in Waikoloa Village in this market??? WOW!! Oh wait, that’s right, both sides of that transaction were represented by Hawaii Life… how’s THAT for giving some love back to our local market?? 🙂
Katie Minkus, R(B)
April 6, 2010
$510,000 in Waikoloa Village in this market??? WOW!! Oh wait, that’s right, both sides of that transaction were represented by Hawaii Life… how’s THAT for giving some love back to our local market?? 🙂
Ilona
April 8, 2010
Oh I wish I had some money for investment properties now,,,has there ever been a better time to be a buyer??
Ilona
April 8, 2010
Oh I wish I had some money for investment properties now,,,has there ever been a better time to be a buyer??
Beth Robinson R(S)
April 22, 2010
Pat, this is very timely. I showed Waikoloa Village to a client yesterday who had looked in November and January and was kicking herself over the deals she missed relative to what is available now. Like many successful business people, she was so focused on negotiating an even better deal on each and every property, that she lost the bigger picture of relative value and whether it was priced competitively to start with.
Beth Robinson R(S)
April 22, 2010
Pat, this is very timely. I showed Waikoloa Village to a client yesterday who had looked in November and January and was kicking herself over the deals she missed relative to what is available now. Like many successful business people, she was so focused on negotiating an even better deal on each and every property, that she lost the bigger picture of relative value and whether it was priced competitively to start with.