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Kauai & Maui Marketing Times

By Richard Dolbeare

Real Estate Agent with Inactive INACTIVE HI Lic# RB-20941

August 30, 2009 09:41 AM

As part of taking a fresh look at the Hawaii real estate markets, I've updated my charts for days on market for Kauai & Maui residential sales. Kauai residential sales continue to average just under 6 months of marketing time. By definition, this is for homes that actually sold and while I've not looked to see time on market for those that haven't sold, I'd guess that some are way out there. Maui residential sales time has taken a sharp increase in 2009 and is now averaging well over 6 months. Both markets continue to deal with a large number of short sales and foreclosures.

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Marketing time charg

Aloha,

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.com for Hawaii real estate information

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Not a real person

San Diego, CA

Days on market doesn't seem to be something that is used quite a lot here in San Diego. I do hear a lot about sales, prices, and inventory, though. Sales have been up for 13 consecutive months, prices up for 7 consecutive months, and inventory is down to 2½ months. Most pundits say San Diego real estate hit bottom in the first quarter of 2009.

Sep 01, 2009 08:09 PM

1~Judi Barrett

Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK

BS Ed, Integrity Real Estate Services -IDABEL OK

Your graph is an excellent illustration of what's going on in Hawaii.. I have a former client that tells me that he just bought a little house over there.. it sounded like an excellent buy when he told me what he paid for it.

Sep 01, 2009 11:51 PM

Richard Dolbeare

Inactive - Wailuku, HI

Living the Hawaii Lifestyle

Russell-There are better indicators of market conditions than DOM and my favorite is Absorption Rate which I publish regularly. DOM is better used to demonstrate knowledge of the market and set seller expectations.

Judi-Tell me what home your client bought, I'm curious. There are great buys out there and I'm looking to pick up another for myself.

Sep 02, 2009 04:14 AM

Kauai & Maui Marketing Times

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