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market trends: Kauai real estate update - 05/26/07 04:08 PM
Kauai’s current real estate trend shows a shift towards a buyer’s market in 2007. This change can be attributed to a growing inventory as property sales slow through the first half of the year.
Compared to the same time last year, the overall number of properties sold is down 52%. Vacant land and condo sales were the largest contributing factors, with sales falling 66% and 64% respectively. Residential homes sales were less effected, showing an 11% dip.
Kauai’s median sales prices paint a different picture. Year to date, median sales prices have increased 26.5%. This is an indication that Kauai real … (0 comments)

 
Justin

Justin Britt

Hanalei, HI

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Hawaii Life Real Estate Services

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