Big Island home and condominium prices surge during first quarter

Big Island homes and condominiums ended the first quarter on a high note, with prices up 20 and 33 percent, respectively, according to Hawaii Island Realtors. The median price for single-family homes jumped 25.4 percent last month to $382,500, from $305,000 in February, while year-to-date prices increased 19.9 percent to $355,000, from $296,000 during the year ago period. Condominium prices on the Big Island increased 33.8 percent to $368,000 in March, from $275,000 in February, while year-to-date…

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