The Waikoloa Village Real Estate Update for Q2 is for the charming area located 6 miles inland from the west coast of the Big Island of Hawaii. This vibrant community covers over 19 square miles and is a mixture of condominiums and single-family homes. Waikoloa Village offers its residents wonderful amenities such as an 18-hole golf course, a community swimming pool and tennis courts.
Also, within Waikoloa Village is the Waikoloa Highlands Shopping Center and the new Waikoloa Plaza which contains many shops and restaurants, including the Waikoloa Village Market, Ace Hardware and Pueo’s Oesteria Restaurant. With its proximity to the world-famous resorts and world class beaches, Waikoloa Village is an affordable alternative for the savvy buyer looking for their Hawaiian Dream Home.
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At the time of this writing (Aug 6th), there were 26 single-family homes for sale and 13 homes in escrow in Waikoloa Village, while 20 condos are for sale with 5 in escrow. The highest priced of the homes for sale is listed at $2,185,000, and is located at 68-3553 Haia St, while the highest priced condo on the market is listed at $675,000 and is #3104 in Makana Kai at Wehilani.
At the other end of the spectrum, the lowest priced single-family home is located at 68-1803 Pakanu St and is listed at $549,000, while the lowest priced condo on the market is listed at $397,750 and is #E202 in Fairway Terrace.
When it comes to sales in the 2nd quarter, the number of single-family homes sold in Waikoloa Village was a little higher than the number of condos sold. In the time frame from April 2024 through June 2024 there were 25 homes sold in Waikoloa Village, while 18 condos were sold.
The highest priced of the single-family homes sold is located at 68-3554 Aaka Pl and sold for $1,999,000, from a list price of $2,200,000. The highest priced condo sold for $635,000, from a list price $617,888 and is #G204 in Waikoloa Villas.
The lowest priced single-family home sold during the 2nd quarter is located at 68-1855 W Kaupapa Pl and it went for $670,000, from a list price of $685,000, while the condo with the lowest sale price went for $429,000 from a list price of the same amount and is #C205 in Fairway Terrace.
Analysis: The Waikoloa Village Real Estate Update for Q2 2024 reveals that the sales volume of single-family homes has doubled over the last quarter, while condo sales have remained at a steady number for the past three quarters. Inventory levels have followed the same pattern, with single-family home inventory rising while condo inventory levels remain steady.
If you are looking to buy or sell a home in Waikoloa Village, or anywhere on the Kohala Coast, contact me today. I will help you make your Hawaiian real estate dreams a reality. Mahalo
Waikoloa Village Real Estate Update for Q2 2024 Highlights
- Number of homes currently for sale – 26
- Number of homes currently in escrow – 13
- Number of condos currently for sale – 20
- Number of condos currently in escrow – 5
- Highest priced home currently for sale – $2,185,000 – 68-3553 Haia St
- Highest priced condo currently for sale – $675,000 – Makana Kai at Wehilani 2104
- Lowest priced home currently for sale – $549,000 – 68-1803 Pakanu St
- Lowest priced condo currently for sale – $397,750 – Fairway Terrace E202
- Number of homes sold in Q2 (Apr – Jun) – 25
- Number of condos sold in Q2 (Apr – Jun) – 18
- Highest priced home sold in Q2 – $1,999,000 – 68-3554 Aaka Pl
- Highest priced condo sold in Q2 – $635,000 – Waikoloa Villas G204
- Lowest priced home sold in Q2 – $670,000 – 68-1855 W Kaupapa Pl
- Lowest priced condo sold in Q2 – $429,000 – Fairway Terrace C205
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