Is Kona’s Condo Market Cooling Off or Holding Steady? Let’s Look at the Numbers

As of June 30, 2025, we’ve seen 163 condos sold year-to-date in the Kona market. That’s across the first six months of the year, averaging about 27 units per month. Meanwhile, 169 condo units are currently active on the market.

That gives us an absorption rate of 16.1%.

If you’re not familiar with the term, absorption rate is a key metric we use to gauge how fast the market is moving. It compares how many homes are selling to how many are currently for sale.

Here’s what the numbers mean in simple terms:

• Under 15% absorption is typically a buyer’s market — lots of inventory, slower sales.
• 15–20% is a balanced market — neither buyers nor sellers have a major edge.
• Over 20% often signals a seller’s market, with fast-moving inventory and strong demand.

So at just over 16%, Kona’s condo market is sitting in that middle zone — balanced, but showing signs of softening compared to earlier this year.

We also looked at June alone, where 26 condos sold. That monthly absorption rate comes in at 15.4%, consistent with the year-to-date trend.

What This Means for Buyers and Sellers

For buyers, this is welcome news. More choices, a little more negotiation power, and less competition than the frenzy we saw in previous years.

For sellers, it means pricing correctly matters more than ever. Condos that are clean, well-marketed, and priced right are still moving — but the days of multiple offers in 24 hours aren’t the norm right now.

If you’re watching the market or planning your next move — whether it’s buying your first condo, upsizing, or selling your investment — let’s talk. I’ll give you the real numbers, straight up.

No hype. Just the facts.