Colony Villas & Waikoloa Beach Resort Overview
Colony Villas: With only 10 properties for sale, inventory continues to be on the low side for Colony Villas. Although there weren’t any closed sales for the month of August, there are five units in contingent status proving the neighborhood sales are still going strong. There were two new listings for the month; Unit #1104 is the larger of the two bedroom floorplans with two and a half bathrooms, two large lanais, golf course views and 1,446 square feet priced at $479,500. Unit #2306 is a relisted smaller two bedroom floorplan with two bathrooms, a main floor bedroom and 1,236 square feet listed at $404,000.
Waikoloa Beach: Although there were no closed sales for the month of August in the Waikoloa Beach Resort as a whole, 10 properties went into contingent status during the month bringing the total of units pending to 17. With 14 new listings for the month, the total active properties remains in the 90s which equates to about 16 months of inventory.