Big Island

Waikoloa Village Home Sales For February (2012) Show Slow Sales

Priced at $270,000 this newer home (MLS# 246032) is now the lowest priced home in Waikoloa

Homes sales in Waikoloa Village were very slow in February with a total of just three home sales for the month, down from seven sales in January. This is similar to a slow down in the condo market for Waikoloa in February. The average sales price for these three sales was $263,333.

Here is a look at the sales for February:

It is interesting to note that all three sales were below $300,000 and that there are currently only five homes priced below $300,000. It is clear that the inventory of lower priced homes has gotten low in Waikoloa Village. What remains to be seen is if buyers will be willing to pay more for entry level homes in Waikoloa Village.

I love the Big Island! Aloha.

Pat Strausse, RB

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