BY PAUL ESAJIAN

Located on the west coast of Hawaii’s big island, Kona is a bustling city steeped in both tradition and tourism. The city is divided into the North Kona district and the South Kona district, which consists of several popular towns: Kealakekua, Keahou, Holualoa and Honalo. It is important to make this distinction when evaluating the Kona real estate market. Due, largely in part, to Kona’s small population percentage in the local market, every sale will have a bigger impact on the area. In recent years, the Kona real estate market has seen prices and appreciation trend upwards. One of the most luxurious destinations in the country, Kona’s value has risen accordingly. This growth appears to be sustainable, and in line with other favorable market trends.
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