The Sold Qty is showing a downtrend

Below, you can see the North Kona Median Price and Sold Qty changes, month to month, for the last two years. The Red line represents the Median Price, and the Blue line represents the Sold Qty. The ups-and-downs of the Sold Qty indicates the market is sensitive and unstable.

Below data comes from Hawaii Information Service.
 
 
Here’s a look at the February 2026 data compared to February 2025. It reveals a notable slowdown in Kona's winter real estate market. Both Residential and Condo sales have experienced a continuous decline over the past 5 months. This is due to a significant dip in buyer demand during what is typically considered peak season for the real estate market.
 

North Kona Median Price Changes over the last 21 years

Please note that for first time in the last 14 years, the median price decreased from the previous year.