Kona Condo Market Update: July 2026

by RS Julie Ziemelis

Let’s talk condos! If you’ve been watching the Kona real estate scene, you might have noticed that the condo market is telling a story all its own this summer. While single-family homes are flying off the shelves, condos are taking a more leisurely stroll — and that’s not necessarily a bad thing.

The Kailua Kona condo market is giving buyers more breathing room. Sales were down 31% compared to last July, inventory has grown to nearly 10 months of supply, and homes are taking longer to sell. That said, median prices still increased, showing that desirable condos continue to attract buyers.

Right now, condos in Kona are averaging about 59 days on the market. That’s nearly three times longer than single-family homes, which are selling in just 22 days!

What does this mean for buyers and sellers? In short: buyers have more to choose from with over 177 condos on the market right now. Folks are taking their time, weighing their options, and being a bit more selective before making a move and negotiating for concessions and price.

The original list-to-sale price ratio is sitting at 95.6%, so there’s some wiggle room for buyers to make offers and for sellers to consider them. Even though the pace is slower and sales volume is down 31% from last year, the median condo price has actually climbed by 10.8% year over year. Quality properties — those with great views, updated finishes, or prime locations — are still catching buyers’ eyes and moving quickly.

What’s behind these trends?

Buyers are comparing more options before making a decision.
HOA fees and rising insurance costs might be making some buyers pause.
Investment and vacation buyers could be watching the market a little more closely, waiting for the right opportunity.

All in all, Kona’s condo market is shifting toward a healthier, more balanced place.

If you’re thinking about buying, you have more time to find the right fit. If you’re selling, pricing and presentation are more important than ever to stand out in a thoughtful market.

If you buy a condo that needs some help, we got you!

We JUST launched a new service, the 365 Hawaii Home Crew, where we can connect you to our team of trusted tradespeople to fix or renovate a condo you are considering purchasing. We can help negotiate concessions for closing costs to help update a condo, and then we can introduce you to our team of AMAZING tradepeople who can paint, install fans, etc for quick fixes or complete a full remodel with a General Contractor we swear by. Many condos in Kona need some updates due to age, donʻt let that stop you from negotating the price based on the need for updates.

Email us directly at Julie@Ziemelis.com or call ot text 808-785-2898. We look forward to working with you!

Julie Ziemelis - RS 85062 - Real Brokerage