When I first looked at the inventory of condos for sale in Waikoloa Village in March, there was a one year supply of condos for sale in Waikoloa Village. At that time, there were only 35 condos on the market, but with 36 sales in the past year.
Now, we have a slight increase to 43 condos for sale in Waikoloa, but because the past 12 months of sales show a much larger sales increase to 56 condos sold, we are now down to an inventory level of 9.3 months. Still a fairly strong buyers market, but an improving market for condo sales in Waikoloa Village.
Makana Kai condo (MLS# 244126), is a 3 bedroom condo with 1,245 living space and an small lawn area that’s all yours
In looking at recent sales activity, however, this improving sales market is starting to look like it may be taking a rest. In May, 11 condos came onto the market, but there were only two that were put into escrow and three sales. This is a bit surprising as there is a good inventory to choose from across all prices with units in almost all complexes; plenty to pick from for buyers that are ready to buy.
I love the Big Island! Aloha.