Kohala Coast Resort Subdivisions
Q3 Market Statistics
Mauna Kea
The Mauna Kea market recorded three total sales across both residential and condominium segments during this period. In the condominium market, there were two closed sales with prices ranging from $2.7 million to $3.9 million and a median sale price of $3.3 million. Condos sold for an average of 97.65% of their original list price, with one property achieving full price and the other closing at 95.3%. The price per square foot ranged from $1,357 to $1,549, with a median of $1,453. Days on market varied widely, from immediate sales to 132 days, with a median of 66 days, reflecting a healthy level of demand balanced with buyer selectivity in this luxury segment.
In the residential sector, a single home sale closed at $10.25 million, just below the list price of $10.5 million, achieving 97.6% of the asking price and 85.7% of its original list price. The property spent 129 days on market, and its price per building square foot reached an impressive $2,217, underscoring the strong valuation for premier homes within the Mauna Kea Resort.
Overall, the Mauna Kea market continues to demonstrate resilient buyer confidence and sustained premium pricing, despite limited inventory. Both the condo and residential segments show steady absorption, maintaining Mauna Kea’s reputation as one of the Big Island’s most exclusive and high-value resort communities.
Mauna Lani
The Mauna Lani Resort market recorded a total of 14 sales across residential, condominium, and land segments during this period. The condominium market led activity with 12 closed sales ranging from $1.075 million to $2.497 million and a median price of $1.52 million. Condos sold for an average of 97.6% of the list price, with several closing above asking, indicating continued buyer demand. Days on market ranged from 9 to 308, with a median of 56 days. In the residential sector, one luxury home sold for $8.2 million—92.1% of the asking price—after 156 days on market, achieving $2,039 per square foot. The land segment saw a single transaction at $2.2 million, selling for 91.6% of list price after 289 days, reflecting sustained interest in premium resort-area parcels.
Waikoloa
The Waikoloa Beach Resort market recorded six condo sales during this period. Sale prices ranged from $925,000 to $1.69 million, with a median of $1.002 million. Condos sold for an average of 96.86% of their list price, with some achieving up to 98.9%, indicating steady demand in this popular resort community. The price per square foot ranged from $656 to $1,363, with a median of $806. Days on market varied between 10 and 173, with a median of 72 days, reflecting a stable pace of sales and continued buyer confidence in the Waikoloa Beach Resort condo market.
Puako
The Puako market recorded four total sales during this period, reflecting a mix of selective yet active demand. Residential properties sold between $1.21 million and $5.5 million, with a median sale price of $3.36 million, achieving an average of 101.2% of the list price and one home selling above asking at 110%. The price per square foot ranged from $1,126 to $1,865, with a median of $1,495, and homes spent a median of 102 days on the market. Meanwhile, the condominium segment saw two sales ranging from $640,000 to $648,000, with a median of $644,000. Condos sold for 95.95% of the list price, averaging $729 per square foot, and recorded a median of 26 days on the market, indicating steady turnover within Puako’s limited condo inventory.
