Kolea & Waikoloa Beach Resort Overview
Kolea: With one closed sale in the month of May, Kolea’s real estate sales are still ahead of last year’s pace. Year to date 2014 saw four sales close compared to six this year. The lone closed sale for May was unit #15E (see the Market Dashboard for list and sale prices). There were no new listings for May and currently no units in contingent or under contract status. With little fresh inventory on the market this would be a great time to list your property. If you’d like a look at what selling your unit or upgrading to a different unit would look like please don’t hesitate to contact me.
Waikoloa Beach: As we approach the half way point of 2015, Waikoloa Beach Resort is continuing to see good real estate sales numbers. So far for the year there have been 37 closed transactions for the entire resort compared to 31 in 2014, almost a 20% increase. There has been a 30%+ increase in new listings so far this year compared to last with a slight decrease in days on market. Currently the 91 active listings works out to be about nine months worth of inventory for the resort.