Currently in escrow (MLS# 248247), this 4 bedroom condo is 3,499 sq.ft. and has a list price of $4,695,000
The Kona Condo Market Sold Over a Condo a Day in April
In April, there were 35 condos sold in Kona at an average price of $427,031. This compares to March sales of 22 condos at an average price of $518,141.
Here are all the Kona condo sales for April:
Average sales prices for Kona can be a bit deceptive due to the inclusion of the Hualalai Resort sales into the overall average. Just look at the range in sales prices for Kona – from a high of a sale over $3 million to a starting price of just over $63,000. Talk about variety of properties! If you look at the average sales price in Kona minus Hualalai, the sales price drops in half to just $243,628.
Thinking of Buying a Condo in Kona?
Take a look at the days on market for Kona. While there are a few condos that had times on market over a year or more, many of the condos sold in April were not even on the market for one month. So, if you want to buy a condo in Kona, you will need to keep current with the inventory on market and be ready to move quickly when you see a unit you like.
I love the Big Island! Aloha.