Home sales slowed on Big Island last year, but Kilauea fails to stop prices from rising

Home sales on Hawaii’s Big Island declined by 7 percent in 2018, compared to the year before, but the eruption of Kilauea volcano failed to stop prices, buoyed by double-digit gains in December, from rising, according to statistics from Hawaii Information Service on behalf of Hawaii Island Realtors. For December, single-family home sales declined 11.22 percent to 182 homes sold, from 205 homes sold in December 2017. The median price for December was $399,500, which was a 17.5 percent increase…

from DIYS http://bit.ly/2TBH6Qh