Did you actually look at the properties in those links? Do you realize how small those places are? Or where they are located? Property on the Big Island, depending on the location, is cheaper than property on Oahu, Maui, or Kauai. But I'd never live on the Big Island. Some beautiful areas, but the vog is terrible.
What I gave you was staight from the Honolulu Board of Realtors. http://hicentral.com/
So the average list price in West Linn is $579,873 and the median sales price is $367,000? That's much lower than Hawaii.
I think you missed in my original post that the fellow I was talking to was moving to the big island. That's why I made that comparison and not one which included Oahu, Maui or Kauai. I'll nod to you that if you live in Hawaii, you undoubtedly know a lot more about the real estate market there than I do. Frankly, I was shocked when Paul told me how little he had paid for a house there.
According to Zillow, my vintage 1979 3,000 sq. ft. 4 bedroom, 3 bath "Brady Bunch" style home on a 9,000 sq. ft. lot is right at the median sales price. Lucky me, I paid nowhere near that much when I bought it in 1998. However it has lost around $150,000 in value since 2007. Needless to say, I love that builders are building all these million dollar plus homes all around us. It will just bring our property values up.
The truth is, I like where I live and I am not moving anytime soon. I just put $16,000 into my backyard landscape last spring. If I did, I probably would not move to Hawaii. My son lives in a small town in Bavaria, GR. Chances are I'd move their before I'd move to Hawaii where I have no family what-so-ever.