The Hawai’i real estate market activity on the Big Island closed out the first quarter of the year with continued upward trends in overall sales and prices for single-family homes and condos in March. Notably, there was an all-time record-high median sales price for residential properties, reaching $579,500, while condos reached their second-highest median price at $673,000.
Condo sales for March nearly doubled since the start of the year, reflecting a 2% increase year-over-year, while single-family home sales remained relatively unchanged at 149, compared to both the beginning of the year and the same period last year.
Download the full Market Report for March 2024 here.