Kailua Kona’s real estate market continues to see a resurgence, as inventory levels remain low and strong Buyer interest continues.
The Griggs market report was released recently and there is no better way to illustrate Kona’s market, than with hard facts.
A few statistics to note, when compared to data from the same time last year:
Active properties listed, priced to $4,000,000 are down 26%.
Properties SOLD in the last 30 days, has increased by 43%!
The pending ratio, which is an indicator of market strength and trend, is up 46%!
Care to see more? Read the latest Griggs Report!
I’m off to show some wonderful properties in the Captain Cook area, enjoy the report!
The Griggs report is a publication by Mike Griggs, who has generously shared his report here with my readers.