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The annual migration of snowbirds is giving a boost to the Big Island’s single-family home market. However, the condo market across the island is facing challenges, with 75% of all condos selling below the asking price in December. As a result, the median sales price for condos has dropped to a three-year low. By key market areas, the median price of a condo is $464K in Kona, $855K in South Kohala, and $185K in Hilo. Despite these trends, the condo market presents a unique opportunity for buyers to in...
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