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Puako Beach Real Estate Update: Is It 2001 or 2010?

When someone “discovers” Puako Beach on the beautiful Big Island of Hawaii for the first time, usually the words “old Hawaii” get slipped into their enthusiastic description of this very special neighborhood.

Don your pareo, we’re going back in time with recently sold property prices as well.

New Oceanfront Listing in Puako—coming soon! In the meantime, check out my favorite Puako homes for sale →

While the first quarter volume of 2010 shows some promise over 2009 for Puako Beach sales (not one sale in Puako in Q1 2009), prices have continued to decline. Two condo units—both on the second floor—sold for $275k and $225k.

There haven’t yet been any mauka (mountain) side properties sold in Q1, but as far as oceanfront property sales go, we’ve seen one 750 sq ft traditional beach cottage conveyed for $1.8M and a bare oceanfront parcel sold for $1.6M. Um. Wow.

These are 2001-2002 prices, peeps. Have we hit the bottom yet?

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Heidi White, R(S)

April 18, 2010

Hey Katie, We love the small beach village feel there in Puako! It has to be tops in my book of Big Island favorite places as well. Since you reside there, you must have your finger on the pulse of things. I can’t wait to visit you soon!

Heidi White, R(S)

April 18, 2010

Hey Katie, We love the small beach village feel there in Puako! It has to be tops in my book of Big Island favorite places as well. Since you reside there, you must have your finger on the pulse of things. I can’t wait to visit you soon!

Jim Johnson, CRS

April 18, 2010

Nice looking listing. We have numerous foreclosures in Bend Oregon. It looks like a good time to buy real estate in your area. I hope you have a good year.

Jim Johnson, CRS

April 18, 2010

Nice looking listing. We have numerous foreclosures in Bend Oregon. It looks like a good time to buy real estate in your area. I hope you have a good year.

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