Here are the condos that sold in October in Waikoloa Village:
Looking at the average sales number of $156,500, it looks like a fairly good month, but this average sales number is raised up by one sale at $330,000. Half of the sales were below the $100,000 level.
Looking at future sales in the escrow pipeline, there are only eight condos in escrow at this time. Most of these sales (five total) will be distressed property sales of either a bank owned property after foreclosure (REO) or a short sale.
At this time, there are a large variety of condos for sale with a total of 46 choices for Waikoloa Village. There continues to be a fairly large number of condos priced below $100,000—six total right now.
I’ll be back next week to take a closer look at the inventory of condos for sale in Waikoloa Village. I love the Big Island! Aloha.
Pat Strausse, R(B)