Big Island

Sales Statistics for Waikoloa Village Homes For Sale – Waikoloa Inventory Low?

In Waikoloa, inventory at this point is low for homes $300,000 and under. There are exactly two properties for sale on the market that are under $250,000. Both are bank owned properties, see (MLS# 244228) priced at $219,000 and (MLS# 243243) priced at $247,000.

When looking for residential homes in Waikoloa from $250,000 to $300,000, the inventory broadens, but not by much, exactly nine homes are for sale in this range. That’s a total of 11 properties under $300K. I would say inventory in that price range is getting scarce. There are 15 Waikoloa properties currently in escrow and waiting to record. Those range in price from $180,320 to $387,900 with days on market as short as 15.

The asking price on the below home (MLS# 245040) is $279,000. This Waikoloa home is custom built and has some very nice features. A little vision for this property will go a long way. This particular property is not bank owned or a short sale, which makes the buying process much easier and quicker.


I think what many folks need to understand is that in today’s market, although prices have really come down, for many properties, you will have to do a little “fixing up” and that can include an upscale property as well, depending on if the property is a foreclosure or a short sale. So, bottom line, come to Waikoloa Village and take a look.

There are many more wonderful homes on the market just waiting for the right buyer. Take a look at these under $300,000 and take advantage of a buying opportunity. The climate in Waikoloa Village is great, the location is convenient, and Waikoloa Village has a lot to offer!

Comments (6) Show CommentsHide Comments (Remember)

Cool. Add your comment...

Your email address will not be published. Required fields are marked *

Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.

Annie Mendoza, RS

August 14, 2011

Aloha Ms. Kathy! Mahalo for this recap! It verifies what my team and I are sharing with buyers; “there is less inventory than even just 9 months ago”. Do you think that will fluctuate…or an actual trend?

Annie Mendoza, RS

August 14, 2011

Aloha Ms. Kathy! Mahalo for this recap! It verifies what my team and I are sharing with buyers; “there is less inventory than even just 9 months ago”. Do you think that will fluctuate…or an actual trend?

Kathy Awai, R(S)

August 14, 2011

Aloha Annie!

It’s really hard to say if it is a trend. I think if there are a bunch of foreclosures to be released down the road, it would make a difference but with Act 48 passed, this is definately going to slow down that process. Prices are just about what they were in 2002; unbelievable and in my opinion, if qualified to purchase, people should seriously think about buying as interest rates are also at an all time low and will remain so for a few years. It would be difficult to build some of the homes on the market today for these asking prices and or selling prices. Acutally, I remember around 2005/2006 in Waikoloa, inventory was very low for SFR homes; around 28-30 homes max. Now that number is around 45 currently active properties; so the increase in available homes isn’t all that much more.

Kathy Awai, R(S)

August 14, 2011

Aloha Annie!

It’s really hard to say if it is a trend. I think if there are a bunch of foreclosures to be released down the road, it would make a difference but with Act 48 passed, this is definately going to slow down that process. Prices are just about what they were in 2002; unbelievable and in my opinion, if qualified to purchase, people should seriously think about buying as interest rates are also at an all time low and will remain so for a few years. It would be difficult to build some of the homes on the market today for these asking prices and or selling prices. Acutally, I remember around 2005/2006 in Waikoloa, inventory was very low for SFR homes; around 28-30 homes max. Now that number is around 45 currently active properties; so the increase in available homes isn’t all that much more.

Katie Minkus, R(BIC)

August 14, 2011

Ahhhh… the need for the crystal ball… wish I had one! 😉

Katie Minkus, R(BIC)

August 14, 2011

Ahhhh… the need for the crystal ball… wish I had one! 😉

More Articles from Hawaii Life