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Big Island

Waikoloa Village Home Sales For March 2012 Show Improved Activity

Looking for a home under $300,000? Listed at $299,000 (MLS# 253750), this home is 1,657 sq.ft. and was built in 2005

Homes sales for Waikoloa Village in March had an increase in number of sales up to 8 homes at an average sales of $268,688. This is up from just 3 homes sold in February.

Here is a Look at All the Homes Sold in Waikoloa Village in March:

In looking at March sales, two things stand out for home sales in Waikoloa Village – buyers are still looking for the distressed sales (REO’s and short sales); and many buyers are looking for a home below $300,000. In the past year or so, when the inventory of homes below $300,000 has decreased, the number of sales has also decreased.  

In looking at homes in escrow, there are 27 total homes pending sale. What are buyers buying? Homes under $300,000 – 15 total and short sales – a third of the escrows with 9 short sales.

Homes for sale show 9 homes now priced under $300,000 with a whooping 5 of these being short sales and 2 REO offerings in the lot. I would think that most of these homes will be showing up in the next few months as homes sold in Waikoloa.

I love the Big Island! Aloha.

Pat Strausse, RB
Cell: 808-960-5745
Email: Pat@HawaiiLife.com

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Katie Minkus, R(B)

April 30, 2012

Aloha, Pat – thanks for the consistent, relevant Waikoloa Village market updates! Appreciate the info!!

Katie Minkus, R(B)

April 30, 2012

Aloha, Pat – thanks for the consistent, relevant Waikoloa Village market updates! Appreciate the info!!

Catherine Klug, R(S)

April 30, 2012

As you well said, Pat, it will be interesting to watch the 9 active listings under $300K and see how long it will take to show them as contingent. Great blog, mahalo!

Catherine Klug, R(S)

April 30, 2012

As you well said, Pat, it will be interesting to watch the 9 active listings under $300K and see how long it will take to show them as contingent. Great blog, mahalo!

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