Waikoloa Village Home Sales Update Feb. 2021
As of today, 2/25/21, there are only 8 single-family homes currently on the market in Waikoloa Village out of a possible ~3000. The lowest priced home at this time is $719K. The prices have risen steadily since the COVID outbreak as more and more people, who can work remotely, have decided to do that from Hawaii. With low inventories comes higher demand and prices.
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Here are the rest of my graphs to help you to understand the market in Waikoloa Village:
The wider spread of sales compared to the tight grouping prior to the recession signifies a stronger market with less volatility.
Homes are selling quicker due to the high demand. It is a Seller's market currently here.
Sellers are getting closer to their asking prices with this higher demand. It all makes sense, doesn't it?