Big Island home prices post gains of more than 18% in April


Home prices on Hawaii’s Big Island rose by more than 18 percent in April, compared to a year ago, as sales of condominiums jumped and sales of single-family homes declined, according to statistics from Hawaii Information Service on behalf of Hawaii Island Realtors.

Sales of condos on the Big Island jumped 28.6 percent to 90 units sold in April, from 70 sold during the same month last year. The median price of those units was $372,500, an increase of 18.7 percent from $313,750.

The median price…

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