Hawaii’s Big Island Condo Prices Soaring

Big Island of HawaiiBig Island condominium prices ended on a high note last year while the median price of single-family homes saw only modest gains.

In December, the median island-wide price of a condo on the Big Island jumped 53% to $328,500, compared to $212,500 in December 2011 according to data released by Hawaii Information Service and reported in Pacific Business News.

Last month’s dramatic increase in median prices island-wide for condos continues an upward trend. In November 2012, HIS data showed that median condo prices were up 46% over November 2011 prices.

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Authored By Denise Laitinen – See the Full Story at Big Island Now

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