Kona Palisades Estates Sales Statistics (2012)

With the market on a steady turn upward, we have another great deal in Kona Palisades Estates! Here is a 1987 home in a nice neighborhood. This home is ready for the first time buyer, investor, or even a 2nd home owner that wants to make this into their Hawaiian ohana.

3 bed/2 bath, 1,368 sq. ft. of living area (MLS# 249870)

Kona Palisades Sales Statistics

Kona Palisades is keeping a steady turn over with sales this year so far:

• KP sales have had 4 sales recorded of residential homes and 1 land sale.
• KP has 17 active listing for sale from $250K to $499K in homes. Land has 2 from $119K to 139,500.
• KP has 6 homes in contract that are now pending.
• KP has three homes under contract that should close soon.

Here is the active homes and land for sale with sold and pending sales: Feb. Stats KP.

Another picture of the nice size lanai!

The Kona Real Estate Market

Inventory in Kona is getting very tight, believe it or not, and I don’t have my crystal ball, but there are a lot of positive changes happening with the Kona market; less market time, multiple offers, over bidding, etc. Kona Palisades Estates has been through a lot of distressed properties these last few years and when you see a buy like this (MLS# 249870) you say to yourself, “WOW, that’s a good buy! It’s time to make a move in the market.”

Hope this update was helpful! Aloha for now! See ya next time!
Michele Mckinley