North Kona Real Estate Market Update – June 2026

North Kona Market Snapshot

June brought encouraging signs for the North Kona real estate market. Both condominiums and single-family homes experienced faster sales compared to May, suggesting buyers are becoming more active as the summer market unfolds. While inventory and interest rates continue to influence purchasing decisions, well-priced homes and condos are attracting serious buyers.

Condominium Market

Market Snapshot

• Median Sales Price: $590,000
• Properties Sold: 32
• Median Days on Market: 34
• List-to-Sale Price Ratio: 96%

Market Commentary

The North Kona condominium market gained significant momentum in June. Properties sold in a median of just 34 days, a remarkable improvement from 93 days in May, indicating that buyers are moving much more quickly when they find the right property.

The median sales price increased to $590,000, compared to $431,000 in May. Monthly median prices can fluctuate depending on the types of properties that close, but the increase reflects continued demand across the market.

Sellers also received stronger offers, with condos selling for 96% of their list price, up from 94.4% in May. This suggests buyers are willing to compete for well-presented, appropriately priced properties.

Overall, June was a strong month for Kona's condominium market, with improved buyer activity and quicker sales creating a healthier market environment.

To note: The sales volume in North Kona for single family homes rose by 131%, for condos 103% and a whopping 387% for vacant land year over year.  Islandwide the volume for sales increased by 46% year over year. This year is CERTAINLY better for real estate compared to last year! 

Single-Family Home Market

Market Snapshot

• Median Sales Price: $1,228,000
• Homes Sold: 38
• Median Days on Market: 75
• List-to-Sale Price Ratio: 94%

Market Commentary

The single-family home market also showed positive movement during June. The median time on market declined to 75 days, down from 90 days in May, demonstrating that buyers remain active despite higher borrowing costs.

The median sales price increased to $1,228,000, compared with $1,100,000 the previous month. As with condominiums, monthly median prices can vary based on the price range of homes sold, but the increase points to continued strength in North Kona's housing market.

Homes sold for an average of 94% of their asking price, consistent with May's results. This indicates a balanced negotiating environment where accurately priced homes continue to attract offers while buyers still have room to negotiate in some situations.

With 38 homes closing during the month, demand remains steady, particularly for properties that are move-in ready and thoughtfully priced.

What This Means for Buyers

The market continues to offer opportunities, but buyers should be prepared when the right property becomes available. Homes and condos that are priced well and presented beautifully are selling more quickly than they were just a month ago. Having financing in place and being ready to act can make a significant difference in a competitive situation.

What This Means for Sellers

June's data is encouraging for sellers. Faster sales and stable pricing indicate that buyers are engaged and willing to make offers on homes that are priced appropriately and marketed effectively. While today's market still rewards realistic pricing, sellers who prepare their property well can benefit from increased buyer activity.

Looking Ahead

As we move further into the summer season, the North Kona market appears to be finding a healthy rhythm. Improved sales activity, shorter marketing times, and stable pricing all point toward a balanced market that offers opportunities for both buyers and sellers. Interest rates and inventory levels will continue to play an important role in the months ahead, making local market knowledge more valuable than ever. I do believe that sellers will negotiate more as we head towards August, as that is usually the slowest time for real estate sales on the island. 

If you're considering buying or selling in North Kona, understanding what's happening in your specific neighborhood is essential. Every community has its own trends, and having current, local information can help you make confident real estate decisions. We would love to schedule a Zoom call or a coffee date! Let us know. Contact me at 808-785-2898