Summer 2021 Market Conditions and Low Inventory Like No Other Time
The market has changed drastically since this time last year. Luxury real estate options were much more abundant and when buyers would lose out on not moving on a particular listing, another one would become available soon after. That is not the case anymore.
We are halfway through the year and current at Hualalai there is only 1 single family home available for sale listed for $18,500,000. Our team at Luxury Big Island is marketing this property exclusively. This is by far one of it not the best luxury listings available ever at Hualalai Resort. A home like no other on a very private street.
The Golf Villas home that was listed for $5.5 Million unit #G301 this month has gone under contract quickly (within days) of coming on the market. It has 3 bedrooms and 3 bathrooms all under 2,882 square feet of interior living area. Hualalai has an appeal like no other and when this country is so heavy on cash, this is where the wealthy will want to park their money.
Within the resort weather you are visiting and staying at the hotel or living in a home, you will be rest assured to have access to the same restaurants and activities if you should so desire. However, currently the only place where local residents are able to dine if they are not staying on site is at Beach Tree. Ulu and Hualalai Grille are only available to those staying or living within the gates of Hualalai Resort.
Contributed by Paul Adams, BIC - Luxury Big Island