North Kona Real Estate Market Update: August 2026 and What the Volume Surge Means for Buyers

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.

A Kailua-Kona property with pool and ocean view, illustrating North Kona market activity in August 2026

North Kona Led the Island in August 2026

When the August 2026 Hawaii Information Service data arrived, one figure stood out immediately from the district-level breakdown: Kailua-Kona recorded 36 single-family home sales, up 50% year over year from 24 in August 2025.

In a month where island-wide single-family volume fell 10% year over year, North Kona moved in the opposite direction with force. That divergence matters. It tells us that whatever headwinds exist at the broader island level are not suppressing demand in the market that the majority of Buyers targeting the Kona and Kohala Coast are most actively exploring.

The 32-Day Median: Decisiveness Required

The median days on market for single-family homes in Kailua-Kona was 32 days in August 2026, down 16% from 38 days in August 2025. That is a faster-moving market than it was a year ago, despite the price normalization that has occurred since the peak conditions of 2024 and early 2025.

Thirty-two days means that a Buyer who finds the right property needs to be ready to act within a few weeks. Pre-approval, clear criteria, and a trusted advisor who can move quickly are not optional in this environment. They are the baseline. Properties that are correctly priced and well-presented in the Kailua-Kona market are not sitting through multiple weekends of showings before receiving offers.

A North Kona single-family property, reflecting the 50% volume increase recorded in August 2026

The Price Adjustment That Creates the Opportunity

The median single-family sales price in Kailua-Kona was $1,062,000 in August 2026, down 6% from $1,135,000 in August 2025. That adjustment from the prior year's elevated level is the reason volume surged 50%: Buyers who had been watching from the sidelines during the peak market of late 2024 and early 2025 found August 2026 pricing more accessible and moved.

For Buyers who are still evaluating the North Kona market, this dynamic is worth internalizing. The combination of a 6% price reduction from the prior year peak and a 32-day median days on market represents an entry condition that is better than what existed twelve months ago and that is not waiting indefinitely for a Buyer to make up their mind.

The Condo Contrast: A Specific Story for Kailua-Kona

The condo segment in Kailua-Kona told a notably different story in August 2026. Twelve condo sales, down 45% year over year from 22 in August 2025. A median price of $496,500, down 14% from $576,250 in the prior year. Days on market rising to 65 days from 44. The Kailua-Kona condo market in August 2026 is clearly softer than the single-family segment.

For condo Sellers in North Kona, August 2026 is a clear signal: pricing discipline and condition matter more than ever. For condo Buyers in Kailua-Kona, the slower pace and 14% price reduction from the prior year represent an improved entry environment that the single-family market does not currently offer to the same degree.

A Kailua-Kona condominium building, representing the softer North Kona condo segment in August 2026

South Kohala: Steady Premium Pricing

South Kohala recorded 12 single-family sales in August 2026, down 8% year over year, at a median of $1,000,000, down 6% from the prior year. Condo activity in the district was strong, with 10 sales and a median of $2,300,000, up 82% year over year. Waikoloa single-family recorded 4 sales at a $1,020,000 median. The premium Kohala Coast corridor continues to support prices at or above the $1 million level for single-family properties, with the condo segment showing the same split between Kamuela premium performance and broader district softness visible island-wide.

Marco A. Silva is active throughout North Kona and South Kohala. Explore current properties at marcoinkona.com/active or contact Marco for a market conversation specific to your goals. You can also review the Big Island communities Marco serves.

Frequently Asked Questions: North Kona Real Estate Market August 2026

How many homes sold in North Kona in August 2026?

36 single-family homes sold in the Kailua-Kona area in August 2026, up 50% from 24 in August 2025. The condo segment recorded 12 sales, down 45% year over year.

What was the median home price in North Kona in August 2026?

The median single-family home price in Kailua-Kona was $1,062,000 in August 2026, down 6% from $1,135,000 in August 2025. The median condo price was $496,500, down 14% year over year.

How quickly are homes selling in Kailua-Kona in August 2026?

The median days on market for single-family homes in Kailua-Kona was 32 days in August 2026, down 16% from 38 days in August 2025. This pace means well-priced, well-presented properties are transacting within approximately one month.

Why did the North Kona condo market slow while single-family sales surged?

The divergence reflects different Buyer dynamics within the same district. The single-family market benefited from a 6% price reduction from the prior year peak that brought more Buyers off the sidelines. The condo market did not offer the same price improvement, with the median down 14%, but Buyer interest shifted toward the single-family segment rather than condos as relative value improved there.

Is now a good time to buy a single-family home in North Kona?

The August 2026 data shows a 50% volume surge, a 6% reduction from the prior year median, and a 32-day median days on market. This combination reflects genuine, active demand at improved entry conditions relative to 2024 and early 2025. Buyers should be prepared to act with decisiveness. Contact Marco A. Silva for guidance specific to your target range and property type.

What is happening in the South Kohala luxury market in August 2026?

South Kohala recorded 12 single-family sales at a $1,000,000 median in August 2026, with condo activity showing a $2,300,000 median on 10 sales, up 82% year over year. The Kohala Coast premium corridor continues to sustain pricing at or above the $1 million level for single-family properties.

Kona Real Estate Talk With Marco

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