Kolea & Waikoloa Beach Resort Overview

Kolea:  August proved to be a slow month not only in Kolea but throughout the resort as well.  With no closed sales for the month of August, Kolea sits at six sales year to date.   There are currently 17 active listings including the two new listings for the month.  Unit #2F is a penthouse unit with three bedroom suites, three and a half baths, vaulted ceilings and 2,147 square feet not including the large ocean view lanai listed at $1,999,000.  Unit # 12D is a three bedroom, three bath second floor unit with 1,716 square feet listed at $1,300,000.

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.