Spring Real Estate Market on Hawaiʻi Island: What Buyers & Sellers Need to Know

Spring on Hawaiʻi Island brings more than blooming lehua blossoms and longer days—it also marks one of the most active and revealing seasons in the local real estate cycle. As the weather warms and daylight stretches into the evening, both buyers and sellers become more motivated, and the market begins to show clear trends that often shape the rest of the year.

Using insights from MLS‑based market updates and statewide context from the Hawaiʻi Association of REALTORS®, here’s a detailed look at what’s happening across the Big Island this spring.

A Market Defined by Adjustment and Renewed Activity

While statewide organizations like the Hawaiʻi Association of REALTORS® provide tools and resources for nearly 11,000 members across the islands, the most detailed spring data for Hawaiʻi Island comes from MLS‑driven market reports. According to a March 2025 update sourced from MLS data, Hawaiʻi Island is experiencing a season of adjustment, with some segments cooling while others show renewed momentum.

Single‑Family Homes: Sales Rising Into Spring

Spring typically brings increased buyer activity, and this year is no exception. MLS data shows:

• Single‑family home sales rose from 138 in February to 154 in March, a 20% year‑over‑year increase.

• The most active districts were Puna, North Kona, and South Hilo, reflecting strong demand in both affordable and mid‑range markets.

• Days on market dropped from 77 days in February to 69 days in March, signaling faster movement as spring buyers enter the market.

What this means: Well‑priced homes—especially those under the island’s median price point—are attracting strong interest. Buyers are motivated, and sellers who prepare their homes well are seeing quicker offers.

Condo Market: A Mixed Spring Picture

The condo market is showing a more nuanced spring trend:

• Condo sales increased from 45 to 52 month‑over‑month, but remained 10% lower than last year.

• North Kona continues to dominate condo activity, with 30 units sold in March.

Interpretation: Condos remain attractive to investors and second‑home buyers, but affordability pressures and higher interest rates are influencing buyer decisions. Spring activity is improving, but the segment is still stabilizing.

Land Sales: Steady but Softer Than Last Year

Land remains a major part of Hawaiʻi Island’s real estate landscape, especially in rural districts like Puna and Ocean View.

• Land sales ticked up slightly from 161 to 162, but remain 8.5% lower year‑over‑year.

• Puna continues to lead the island in land transactions.

Why this matters: Land remains one of the most accessible entry points for buyers priced out of the home market. Spring often brings increased interest from buyers planning long‑term builds.

🌞 Why Spring Is a Key Season on Hawaiʻi Island

Spring is consistently one of the busiest real estate seasons on the island because:

• Weather improves, making showings and open houses more appealing.

• Mainland buyers begin planning summer relocations.

• Sellers list homes after completing winter maintenance.

• Longer daylight hours increase viewing opportunities.

This seasonal rhythm is reflected in the uptick in sales and reduced days on market.

What Buyers Should Expect This Spring

✔️ More competition for well‑priced homes

Homes in Puna, Hilo, and Kona under the median price point are moving quickly.

✔️ Stabilizing prices

While the market is adjusting, MLS data shows steady demand in key districts.

✔️ Opportunities in condos and land

These segments offer more inventory and less competition than single‑family homes.

What Sellers Should Know This Spring

✔️ Spring is one of the best times to list

Buyer activity is rising, and homes are selling faster.

✔️ Pricing strategically is essential

With some segments cooling, accurate pricing is more important than ever.

✔️ Presentation matters

Homes that are clean, staged, and well‑maintained stand out in a competitive spring market.

SPRING: A Season of Momentum and Balance

Spring 2025 on Hawaiʻi Island is shaping up to be a season of renewed activity, balanced demand, and shifting opportunities. MLS data shows rising sales, faster movement, and strong interest in key districts.

For buyers, this spring offers a chance to act before summer competition intensifies. For sellers, it’s an ideal moment to showcase homes at their best.