COVID19 UPDATE
Big Island

Hawai‘i Island Highlights From Our 2020 Luxury Market Report

Just released by Hawai‘i Life—our luxury market report details activity at the highest end of the Hawai‘i market through 2020. While overall luxury sales by dollar volume dropped on O‘ahu and Maui in 2020, trading in the luxury price segments on both Kaua‘i and Hawai‘i Island increased substantially over the previous year.

2020 high-end sales on Hawai‘i Island far outpaced 2019 in both number of transactions (+51) and total dollar value. Hawai‘i Island recorded 107 sales above $3 million with six sales above $10 million, reaching just shy of $586 million. The highest sale was a $37 million Kuki‘o estate. Cumulative high-end sales on Hawai‘i island outpaced 2019 by just shy of 60% in dollar value.

As the market leader in luxury sales, our Hawai‘i Life team of agents and brokers successfully adapted to rapid-paced shifting consumer demands. They leveraged advanced tools and technology to reach and interact with clients around the world. Hawai‘i Island’s abundant sunshine, healthy lifestyle, and wide-open spaces beckoned, and many buyers answered the call in 2020.

Access the Report Now

Our 2020 Hawai‘i Luxury Market Report covers all four quarters of 2020 and delivers a wealth of knowledge. It’s loaded with data, key insights, forecasts, and the most spectacular listings available for purchase across the state. To gain a clear understanding of Hawai‘i’s high-end real estate market, download the Hawai‘i Luxury Market Report today!

 

Comments (0) Show CommentsHide Comments (Remember)

Cool. Add your comment...

Your email address will not be published. Required fields are marked *

Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.

More Articles from Hawaii Life