November 2011
January through October 2011 Kohala Coast condo sales are up 36.6% and prices are down 7.7% over January through October 2010.
Third quarter 2011 Kohala Coast condo sales are up 25.5% and prices are down 9.1% over third quarter 2010.*
October 2011 Kohala Coast condo sales are down 36.4% and prices are down 29.8% over October 2010.
January through October 2011 Kona condo sales are up 9.4% and prices are down 21.8% over January through October 2010.
Third quarter 2011 Kona condo sales are up 5.5% and prices are down 9.1% over third quarter 2010.*
October 2011 Kona condo sales are up 11.8% and prices are down 8.5% over January through October 2010.
Of the six groups above, only one deviates from the continuing trend of sales up and prices down: October 2011 Kohala Coast unit sales. I would disregard that oddity until fourth quarter numbers are in.
For recent West Hawaii economic forecast information, see West Hawaii Today reporter Erin Miller’s summary of local economist Paul Brewbaker’s October 28 talk.
*(Third quarter numbers for both Kona and Kohala Coast condos were stated incorrectly in the mailing sent 11/21/11. The numbers here are correct.)
Tags: 2011, January, Kohala Coast, Kona, October 2010, paul brewbaker, prices, sales, west hawaii, west hawaii today