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The Aloha Friday Conversation: Hawai i Island — Luxury Condos and Living in Cars

HPR Jared Gates, Broker-in-Charge at Big Island Homes and Land Company on what makes Big Island the best place to live | Kaikea Blakemore, Executive Director of the Neighborhood Place of Puna on the area s disproportionate number of child abuse cases Sandy Pohl, Director of the Downtown Art Center, and art patron Tim Choy, reflect on the legacy of the late George Ellis | Kapono Pa, Broker-in-Charge at Savio Realty in Pahoa, showcases Hawai i Island s top three real estate hot spots Toni Symons, Program Director for Na Kahua Hale O Ulu Wini, and Taylor Quanan, Program Managers for the Family Assessment Center, share insight on the displacement of Hawai i families as the real estate market attracts mainland buyers

Hawaii Island: The Wrong End of the Real Estate Boom

(AP Photo/Mark Humphrey, File) Real estate sales are booming statewide. Now, homebuyers fleeing high prices are heading down the island chain. Hawaiʻi Island housing inventory is being squeezed up and down the market, and that includes rentals to everyday people. On Kauaʻi in June, the median home sale price swooped above $1.1 million, up 82% from last year. On the other end of the island chain, Hawaiʻi Island s median home sale price for June was $472,500, up 26%. Jared Gates is Hawaiʻi Island Board of Realtors president and broker in charge at Big Island Homes and Land Company, based in Hilo. Gates says Puna is the hotspot for sales activity with new homes in the $300,000 to $500,000 range.

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