Market Update November 2, 2019

September 2019 Sales Report

Data doesn’t lie.  As a realtor I am asked on a daily basis, “How is the market doing?”  Well, at my disposal is a service that organizes all sales (land, condo & residential) into a very clear and easy to ready diagram.  Below you will find the most recent data for the 96740 market.

For the most recent month (Sept ’19), you will find a couple very interesting things:

  • Inventory is down 5% from from August
  • Inventory is down 24.6% from September 2018
  • Sold is up 20% from 2018
  • Pending sales are up almost 100% from 2018

So to answer the question, “How is the market doing?”  Great.  Inventory levels are very low, but sales are still up.  This is a GREAT time to list your home.  With less competition in the market place, your property will stand out.  Low Supply, High Demand = Sell your house fast and more than you may think.

If you are interested what your home may be worth, reach out: John@BigIslandTeam or 808.557.8477.