Data provided by the Hawaii Information Service (HIS) as of September 1, 2026, and is deemed reliable but not guaranteed. All figures are subject to change. This post is for informational purposes only and does not constitute investment, legal, or financial advice.
The August 2026 Coldwell Banker Island Properties market commentary opens with a statement that every serious Buyer and Seller should read carefully: the importance of looking beyond island-wide statistics.
That guidance is well-earned. The island-wide numbers for August 2026 look like a mixed picture at first glance. Single-family sales totaled 149, down 10% year over year. But the median price rose to $590,000, up 13% year over year. Homes moved faster, with a median of 37 days on market, down 12% from August 2025. And the condo market posted just 30 sales, down 19% year over year and the lowest monthly total in two years, with a median of $496,500, down 13%.
None of those numbers, read alone, tells the actual story. Read together, and alongside the district-level data, they reveal a market of sharp contrasts that rewards careful attention.
A 13% year-over-year increase in the island-wide single-family median to $590,000, against a backdrop of 10% lower sales volume, is a specific market signal: what is selling is selling at stronger prices, and it is selling faster. The 37-day island-wide median days on market, down 12% year over year, confirms that well-priced properties are not waiting.
North Kona led both volume and the premium end of that story. Kailua-Kona recorded 36 single-family sales in August 2026, up 50% year over year from 24 in August 2025, representing the strongest single-area volume performance on the island for the month. The median price was $1,062,000, down 6% from the prior year, and median days on market fell to 32 days from 38. A 50% volume surge at a 32-day median is an active, moving market by any standard.
The island-wide condo median of $496,500, down 13% year over year, is technically accurate and substantially misleading if read without context. It is the product of two markets moving in opposite directions within the same island-wide figure.
Kailua-Kona condos fell sharply: 12 sales in August 2026, down 45% from 22 in August 2025, at a median of $496,500, down 14% year over year. Days on market rose to 65 days from 44.
Kamuela condominiums moved in the opposite direction: 7 sales, up 40% year over year from 5, at a median of $2,695,000, up 68% from $1,600,000 in August 2025. Median days on market fell to just 20 days from 132 days in August 2025, an 85% reduction. Premium condominiums in Kamuela found Buyers faster and at significantly higher prices in August 2026 than in any comparable recent period.
These two sub-markets sit inside the same island-wide condo figure. That figure tells neither story accurately. Understanding the difference between them is exactly why district-level data matters.
For Buyers: the 37-day island-wide days on market, and the 32-day figure in Kailua-Kona specifically, tells Buyers that preparation matters. This is not a market where hesitation is rewarded. The right property at the right price moves within a month.
For Sellers: the 13% year-over-year median price increase at the island-wide level, and the 50% volume surge in Kailua-Kona, reflects genuine Buyer demand. For Sellers in North Kona who have been waiting for signal clarity on whether the market is moving, August 2026 provides it.
Connect with Marco A. Silva for a district-specific read on what August 2026 means for your goals. View active properties at marcoinkona.com/active or contact Marco directly.
How many single-family homes sold on the Big Island in August 2026?
149 single-family homes sold island-wide in August 2026, down 10% from 166 in August 2025, according to Hawaii Information Service data as of September 1, 2026.
What was the median single-family home price on the Big Island in August 2026?
The island-wide median single-family sales price was $590,000 in August 2026, up 13% from $523,500 in August 2025.
How quickly are Big Island homes selling in August 2026?
The island-wide median days on market for single-family homes was 37 days in August 2026, down 12% from 42 days in August 2025. In Kailua-Kona specifically, the median was 32 days, down 16% year over year.
Why did the condo market decline in August 2026?
Island-wide condo sales totaled 30, the lowest in two years, with the decline concentrated in Kailua-Kona where sales fell 45% year over year to 12 transactions. Kamuela moved in the opposite direction with 7 sales at a $2.695 million median, up 68% year over year, illustrating how dramatically sub-market dynamics can diverge within island-wide figures.
What district led Big Island real estate activity in August 2026?
North Kona (Kailua-Kona) led activity with 36 single-family sales, up 50% year over year, and 32-day median days on market. Keaʻau was the second strongest sub-market with 34 single-family sales, up 26% year over year.
How do I understand what August 2026 data means for my specific situation?
Contact Marco A. Silva through marcoinkona.com/contact for a district-specific market conversation tailored to your goals as a Buyer or Seller.