This is Chiaki Yamada from KW-Big Island. I hope this message finds you well and that you’re managing to stay cool during this summer season.

This year, we’re experiencing a quieter summer than usual, primarily due to a decrease in international visitors, while the number of mainland visitors remains steady. If you’re on the island, I hope you’re enjoying the more peaceful beaches and the beauty of nature as a way to recharge.

In July, we observed increased activity in the residential home market for properties priced under $1 million. Over half of the residential home sales are occurring in this price range, and this shift towards more affordable options is a positive development for our community, enabling more local residents to purchase homes. Conversely, properties priced above $1.5 million are seeing less activity, largely due to a decrease in offshore buyers.

The condo market continues to slow down, with an increase in inventory and reduced buying activity. However, there are still active condo sales on the market's first day, often attracting multiple offers. 

Today's market: it’s essential not only to set an attractive price but also to showcase the property itself in a way that captures buyers' attention.

I pour a lot of passion and effort into making your property attractive and welcoming to buyers. If you know anyone who could use my help, please feel free to reach out! I’d love to assist them.

Kona Residential Market Overview (as of July 23, 2026)

Here’s a snapshot of the Kona residential market, highlighting key insights:
  • Active Listings: Decreased by 3%  compared to June (with inventory in the $1M to $1.5M range rising).
  • Pending Ratio: Decreased by 10%, indicating less buying activity in the $1.5M and above segment.
  • Average Days on Market: Properties are currently taking an average of 134 days on the market, which increased slightly from last month 

Please keep in mind that market conditions can vary significantly by price range, and it may take longer to find buyers in certain segments

Kona Condo Market Overview (as of July 23, 2026)
The inventory remains high, while buying activity has decreased compared to last month. While condo buyers are present in the market, they are currently hesitant to make decisions.

Here’s a snapshot of the Kona residential market, including key insights:
 
Active Listings: Increased 7% from June. Most inventory is between $500,000 and $1M.
Pending Ratio: Decreased by 38%, indicating the Buying Demand decreased.
Average Days on Market: Currently, properties are taking an average of 112 days

For those considering an investment in the Kona condo market, this may be an opportune time to explore potential deals, as increased activity could lead to favorable opportunities.
I am here to provide you with a detailed market analysis for your neighborhood. If you or anyone you know may be thinking of buying, selling or both, I would be happy to be of service!