East Hawaii Real Estate Update January 2024

How's the market in East Hawaii? We give the housing stats for Hilo, Pahoa and the Puna District. Home prices are holding steady and sellers are getting about 4-6% under asking price. Homes are leaving the market a bit slower than they were in November, but that can be attributed to the holidays.
Amber Haley, Real Broker and Julie Ziemelis, Real Broker discuss the trends and statistics and talk upcoming rate cuts, too!
Amber Haley, Realtor, Real Broker, lives in Puna and is a neighborhood expert. To reach Amber, email [e-mail]
Join our 365Ohana on www.365HawaiiLiving.com if you'd like to purchase a home on Hawaii Island or be referred to agents on other islands!
Eric and Julie Ziemelis offer marketing expertise to home sellers with a large group of buyers from our private Facebook group, our real estate RUclips channel and our extensive email list of potential buyers. For Buyers, we offer expertise and resources to ensure we remove the uncertainly from the experience AND provide a community you can reach into for information about moving and events to help you create friendships when you arrive. A full circle Ohana experience!
We also partner with these fabulous Realtors and mortgage pros to help you buy or sell around the island. Looking for connections? Contact us!
Julie Ziemelis | RS-85062
REAL Broker
[e-mail]
808-785-2898
www.365hawaiiliving.com

[@kananik5985]

Beautiful backdrop.. amber is 🔥..

[@brienmacgearailt7801]

This show is really helping us.....Guam....Oahu.......Big Island Next?

[@justinssebanenya1329]

Perhaps you would also cover Naalehu and Pahala area in the south. Are they safe places? Do they have good soils/land? Thank you.

[@Bobchai]

Soils? Some areas near Pahala have rich soils as deep as 25 feet! which is unheard of in Puna and Kona. The soils (and their chemistry, I checked it out with U of H soil scientists) are easily on a par with North Hilo and Hamakua, and maybe better.
I don't live in Pahala, but for farming it appears to be ideal. 30 years ago I dreamed of living in nearby Wood Valley. I still love that remote and magical place, with its serene Buddhist temple in the forest, maybe my favorite place on the Big Island.
One of the world's best and newest coffee districts, Ka'u coffee, is centered around Pahala.
Naalehu also has good soils. Two subdivisions -- Discovery Harbor and Mark Twain Estates, offer some contrasts, but 1/3 acre properties there can offer some opportunities for gardening. The climate is quite similar to Kona coffee country.
Mark Twain Estates is still mostly undeveloped, with unpaved roads, while Discovery Harbor is a modern, but still remote subdivision on a golf course and with large lots. Lots of satellite dishes, if you catch my drift. The average lot size in both subdivisions is around 1/3 of an acre -- enough to plant and grow anything you want.
Unless you want to spend your entire weekend whacking weeds, 1/3 acre is all you really need unless you want to go into commercial farming.
And for heaven's sake, don't go into farming in lower Puna unless it's orchids, papayas or nursery stock, because there's no soil at all.

[@justinssebanenya1329]

@Bobchai Very invaluable information! Thank you very much!