Steady Upward Trend Continues with Condo Sales & Prices in Waikoloa Beach Resort
Here’s an update on condo unit sales and prices at the Waikoloa Beach Resort.
Catching up to the last 6 months sales in units, the upward trend continues and increases over the period. Inventory seems to have increased as well. Six months ago, the number of condos on the market was in the mid to high 30’s; it’s now up to 49, although there are only 18 condos available under $500,000.
WBR Median Condo Sale Price (YTD)
Here is the median price graph:
Median condo sales prices continue the steady uptrend and show an increasing trend over the past 6 months. Prices are still well below the pre-recession highs and interest rates, while off their lowest point, still remain historically low. Still a great time to enter this market.
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For detailed information on specific condos and the best deals, please contact us.
sean
November 6, 2013
Thanks for the update. Buyers may be interested to know the Shores board has made very good decisions over the past 2 months and the property will reflect such in 2014. Landscaping being upgraded by Puna who also cares for Kolea and the Vista- also ponds are going to be treated like the Kings pond.
sean
November 6, 2013
Thanks for the update. Buyers may be interested to know the Shores board has made very good decisions over the past 2 months and the property will reflect such in 2014. Landscaping being upgraded by Puna who also cares for Kolea and the Vista- also ponds are going to be treated like the Kings pond.
sean
November 26, 2013
Looks as if 2014 will push the nicely updated Vista condos into the low $500,000’s. With Waikoloa Beach Resort being the best Kohala Coast rental resort by number of visitors, I would guess 2014 will push the remaining inventory prices higher.
solds at the Vista showing a pattern-
2 Bed 2 Bath 05/09/2013 09/06/2013 $445,000 $425,000
2 Bed 2 Bath 05/14/2013 08/08/2013 $450,000 $450,000
2 Bed 2.5 Bath 10/16/2013 10/16/2013 $475,000 $475,000
2 Bed 2.5 Bath 09/24/2013 11/08/2013 $475,000 $475,000
2 Bed 2 Bath 03/21/2013 08/26/2013 $525,000 $484,000
sean
November 26, 2013
Looks as if 2014 will push the nicely updated Vista condos into the low $500,000’s. With Waikoloa Beach Resort being the best Kohala Coast rental resort by number of visitors, I would guess 2014 will push the remaining inventory prices higher.
solds at the Vista showing a pattern-
2 Bed 2 Bath 05/09/2013 09/06/2013 $445,000 $425,000
2 Bed 2 Bath 05/14/2013 08/08/2013 $450,000 $450,000
2 Bed 2.5 Bath 10/16/2013 10/16/2013 $475,000 $475,000
2 Bed 2.5 Bath 09/24/2013 11/08/2013 $475,000 $475,000
2 Bed 2 Bath 03/21/2013 08/26/2013 $525,000 $484,000