As a Realtor in Waikoloa, HI on the Big Island since 2001, I am very aware of how the market is performing in the area. From my background in Semiconductor Engineering, I believe data shows what is going on so I put these graphs together to give people an idea of what is happening in the market. I have done this for many condo complexes or home subdivisions in order to visually understand the real estate market in local pockets.
Waikoloa Village itself, being a small community on the west slope of Mauna Kea is fairly isolated from Kailua-Kona or Waimea, shows the market trends very easily with it’s data sets.
Below, is the historical trend for homes in Waikoloa Village:
Here is a closeup of the above graph:
This graph depicts how close seller is getting to their asking price
I hope this information is useful to anyone who is thinking of buying or selling in West Hawaii as this trend is indicative of other areas on the west side of the Big Island.
If you would like further information or to see these charts ion a larger file, please let me know.