Big Island of Hawaii - Real Estate

The Big Island of Hawaii, the largest of the islands in the Hawaiian chain, is growing rapidly in population. Real Estate supply and demand is driving up the prices, as on the other Hawaiian islands. Over the past year, the median price of a residential property is up 44% islandwide, with much higher increases in select areas. Some of the hottest housing markets are North Kohala and Ka'u. Vacant land is also a hot ticket with the median price increasing over 118% from September 2004 to September 2005.
New developments are showing up all over the Kona coast, with units selling and reselling even before completion. The climate and beauty of the island appeal to many, and it's easy to see why properties are selling so fast.

There are still areas where old Hawaii clings tentatively to the new Hawaii, and development is not happening. This is what gives the Big Island some of its charm and character, and let's hope some pockets can be preserved to remind us.

For more information about Hawaii Real Estate please call or email:
Georgie Hunter
Jim Sanders Realty Inc.
808 283-0635
thehunter@eastmaui.com