residential: Kauai real estate sales report for February 2010
- 03/04/10 12:10 PM
Kauai home sales statistics are in for the month of February 2010. The figures are island-wide comparisons of current sales versus year ago periods. Monthly figures fluctuate widely and year-to-date data only includes 2 months so there is not yet much history for 2010. Nevertheless, it's impossible to overlook the pronounced increase in the number of sales with residential being up a whopping 143% over the same period last year. Overall, prices appear to be relatively flat so far this year. Sales of investor condos in resort areas still lag the rest of the market but that could soon change.
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residential: Kauai real estate prices appear to have turned a corner in 2009
- 01/06/10 04:49 PM
The Kauai real estate market has been in sync with most of the nation as sales prices have been in decline since our market peaked in 2006. Hints that we may be starting to stabilize are more pronounced now that complete data for 2009 is in. The downward curve for residential sales prices is starting to break after hitting a low in the first quarter 2009. This is a positive sign compared to my post with 3rd quarter data HERE. [If images do not show, hit your browser refresh button]
The 4th quarter 2009 residential median sales price was $480,000 with signs … (6 comments)
residential: Kauai Real Estate Market Prices
- 12/21/09 03:28 AM
The Kauai real estate market has been in sync with most of the nation as sales prices have been in decline since our market peaked in 2006. There are now hints that we may be starting to stabilize which is what some are forecasting for 2010 barring unexpected events. Our market is unique in that it has higher-priced resort properties mixed in with our local housing data. A scarcity of resort property buyers in recent years has resulted in a heavier weighting of local housing data. This weighting change is believed to represent a portion of the price decline although it's … (8 comments)
residential: Kauai November Sales
- 12/05/09 03:25 AM
Kauai home sales statistics have been released for the month of November 2009. The figures are island-wide comparisons of current sales versus year ago periods. Monthly values fluctuate widely and I've always preferred to use year-to-date data to average out the fluctuations. Nevertheless, it's hard to overlook the huge improvement in recent sales. It's important to keep in mind that the data reflects what is actually selling and not necessarily a change in value of a particular property. In my experience investor purchases tend to be in higher-priced resort areas whereas owner-occupant purchases tend to be more focused in value-priced areas. … (1 comments)
residential: Kauai Sales Stats For October
- 11/10/09 04:38 AM
Kauai home sales statistics have been released for the month of October 2009. The figures are island-wide comparisons of current sales versus year ago periods. Monthly values fluctuate widely and I've always preferred to use year-to-date data to average out the fluctuations. Nevertheless, it's hard to overlook the huge improvement in October sales. It's important to keep in mind that the data reflects what is actually selling and not necessarily a change in value of a particular property. In my experience investor purchases tend to be in higher-priced resort areas whereas owner-occupant purchases tend to be more focused in value-priced areas. … (2 comments)
residential: Kauai Sales Stats For September
- 10/02/09 08:10 PM
Kauai home sales statistics have been released for the month of September 2009. The figures are island-wide comparisons of current sales versus year ago periods. Monthly values fluctuate widely and I've always preferred to use year-to-date data to average out the fluctuations. Both are presented below. It's important to keep in mind that the data reflects what is actually selling and not necessarily a change in value of a particular property. In my experience investor purchases tend to be in higher-priced resort areas whereas owner-occupant purchases tend to be more focused in value-priced areas. My buyer clients today are much more … (0 comments)
residential: Kauai Sales for June 2009
- 07/05/09 08:31 AM
Kauai Sales Statistics For June 2009 Kauai home sales statistics have been released for the month of June 2009. The figures are island-wide comparisons of current sales versus year ago periods. Monthly values fluctuate widely and I've always preferred to use year-to-date data to average out the fluctuations. Both are presented below. It's important to keep in mind that the data reflects what is actually selling and not necessarily a change in value of a particular property. In my experience investor purchases tend to be in higher-priced resort areas whereas owner-occupant purchases tend to be more focused in value-priced areas. My … (1 comments)
residential: Kauai Sales Are Picking Up
- 04/27/09 10:06 PM
With nearly 4 months of data for 2009 it appears that Kauai real estate sales are on an upswing. A chart of historical sales for residential, condo, and land sales shows that total number of sales peaked in 2005/2006 and then began a steady decline that lasted through 2008. As the polynomial trendline shows, there has been an upswing for the first 4 months of 2009. This trend suggests that it may be time for buyers sitting on the sidelines to contact their Realtor because prices normally follow sales.
Aloha! Search Kauai/Big Island | Search Maui | Email | About Me | … (4 comments)
residential: Are Kauai Sales Recovering?
- 04/04/09 09:18 AM
Kauai Sales Statistics For March 2009 Kauai home sales statistics have been released for the month of March 2009 which completes the first quarter statistics. The figures are island-wide comparisons of current sales versus year ago sales. Today's high-anxiety environment will drive some to look at data draw conclusions which may or may not be valid. In my experience, monthly values fluctuate widely and I've always preferred to use year-to-date data to average out the fluctuations. Now that we have 3 months under our belt, year-to-date is becomming meaningful. The fact that March figures are better than year to date coincides … (2 comments)
residential: Kauai & Maui Sales Statistics Point Downward
- 03/08/09 05:24 AM
February sales statistics are now available for both Maui and Kauai. I have fewer reservations in presenting the figures than I did at the end of January when sample sizes were so small that I questioned how meaningful they were. It would appear that the Maui market is holding up better than Kauai in terms of what price range is selling but the decline in the number of sales are similar. It is my sense that there has been a shift away from mainland buyers who typically buy the higher-priced properties to Hawaii residents buying less expensive properties for their personal residence. … (6 comments)
residential: Kauai Sales Way Down
- 03/01/09 07:10 AM
Kauai Sales Statistics For February 2009 Kauai home sales statistics have been released for the month of February 2009 and a summary for residential and condominium properties is presented below. The figures are island-wide comparisons of current sales versus year ago sales. Today's high-anxiety environment will drive some to look at data draw conclusions which may or may not be correct. In my experience, monthly values fluctuate widely and I've always preferred to use year-to-date data to average out the fluctuations. Since we only have data through February, even year-to-date data are based on a small number of sales. It's important … (7 comments)
residential: Price Range Shifts in Kauai Residential Sales
- 10/09/08 03:08 PM
The number of residential home sales on Kauai are down substantially in 2008 to about half what they were in 2006, I took a look at the sales data as reported in our multiple list service to see if there had been a shift in buyer's price range during this time. Here's what I found for the last 3 years. The proportion of homes sales in the $1 million & uip price bracket have stayed steady in the 23%-25% range. The proportion of homes sales in the $750,000 to $1 million price bracket have stayed relatively steady as well in the 14%-18% range. The … (6 comments)
Real estate is the largest investment that many of us will ever make so it's critical that buyers and sellers have access to essential information. This blog provides key news and information about Hawaii real estate.
Kauai home sales statistics are in for the month of February 2010. The figures are island-wide comparisons of current sales versus year ago periods. Monthly figures fluctuate widely and year-to-date data only includes 2 months so there is not yet much history for 2010. Nevertheless, it's impossible to overlook the pronounced increase in the number of sales with residential being up a whopping 143% over the same period last year. Overall, prices appear to be relatively flat so far this year.
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