The Waikoloa Village Real Estate Update for Q3 is for the attractive neighborhood located 6 miles inland from the west coast of the Big Island of Hawaii. This lovely community covers over 19 square miles and is a mixture of condominiums, single-family homes, and retail businesses. 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 Osterie 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 (Nov 10th), there were 24 single-family homes for sale in Waikoloa Village, with 15 homes in escrow, along with 30 condos on the market and 4 in escrow. Of the homes for sale, the highest priced one is located at 68-5335 Haia St, and is priced at $1,990,000, while the highest priced condo on the market is listed at $665,000 and is in Makana Kai at Wehilana, unit #2903
At the other end of the spectrum, the lowest priced single-family home on the market is located at 68-1723 Makuakane St and is listed at $699,000. While the lowest priced condo currently on the market is listed at $379,000 and is at Fairway Terraces #E101.
When it comes to sales in the 3rd Quarter, the time from July 2024 through September 2024, there were 20 single-family homes sold in Waikoloa Village, as well as 8 condos. The highest priced of the homes sold is located at 68-3614 Pakanu Pl and sold for $1,350,000, from a list price of the same amount, while the highest priced condo sold for $830,000 from a list price of $849,950 and is Unit #L104 in The Greens at Waikoloa.
The lowest priced single-family home to sell during the 3rd Quarter is located at 68-3604 Lahilahi St and sold for $525,000, from a list price of the same amount. In the condo market, the lowest price unit went for $415,000 from a list price of $420,000 and is The Fairway Terraces at Waikoloa, unit #B201.
Analysis: The Waikoloa Village Real Estate Update for Q3 reveals that while inventory levels of single-family homes have been at a steady number for all of 2024, condo inventory has risen sharply since Q1. Ironically, as this inventory level has risen, sales volume of condos has dropped sharply, while single-family home sales have remained at a brisk pace.
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 Q3 2024 Highlights
- Number of single-family homes currently for sale – 24
- Number of single-family homes currently in escrow – 15
- Number of condos currently for sale – 30
- Number of condos currently in escrow – 4
- Highest priced single-family home currently for sale – $1,990,000 68-5335 Haia St
- Highest priced condo currently for sale – $665,000 Makana Kai at Wehilana #2903
- Lowest priced single-family home currently for sale – $699,000 68-1723 Makuakane St
- Lowest priced condo currently for sale – $379,000 Fairway Terrace #E101
- Number of single-family homes sold in Q3 (July – Sept) – 20
- Number of condos sold in Q3 (July – Sept) – 8
- Highest priced single-family home sold in Q3 – $1,350,000 68-3614 Pakanu Pl
- Highest priced condo sold in Q3 – $830,000 The Greens at Waikoloa #L104
- Lowest priced single-family home sold in Q3 – $525,500 68-3604 Lahilahi St
- Lowest priced condo sold in Q3 – $415,000 Fairway Terrace at Waikoloa #B201
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