SOUTH HILO - Residences - End of October 2009 1) # of sales down 8.67%
2) median price down 17.31 Median price in Hilo is $277000 - down from $335000 in Oct 08.
The decline has slowed from Sept. to Oct. by 3.96% Hopefully that will be trend. It will take a fewmonths to see if the slowing continues..
PUNA DISTRICT - residences - thur October 2009
1) number of sales up 5.83%
2) median price down 20.28%.
Median price for Puna area is: $176500. (In 2008 it was $220200).. Hopefully the Puna market may be stablizing.as number of sales is up. Again we have to see a few more months before the trend is established.
ZIP Codes: 96720, 96749 Approximate Location Boundaries: East Hawaii
Location Characteristics: East Side of the Island of Hawaii from Honokaa to the Volcano.
