Kauai residential sales price points continue to move out of the lowest bands with the increase going to the $500K to $750K band.  This suggests that our market is recovering from bargain basement prices early in the year when 2/3 of sales were below $500K.  We're still a long way from what we were seeing at the peak of the market in 2006 when less than 1/4 of sales were less than $500K.  One day we shall return to those price ponts but I'm not prescient enough to say when that will be.  Hopefully there will be many who will be buying homes before that happens.

Currently (2009 Price Points Through September)

Price Points Chart

 

Previously (2009 Price Points Through February)

Price Points Chart

 

Aloha!

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Richard T. Dolbeare (RA), Keller Williams Realty logo

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

Visit www.KauaiRocks.com for Hawaii real estate information  

 
This post has been included in Hawaii Information Kauai County, HI Information

5 Comments on Kauai Sales Price Points Update

OCT
04
368,400 Points 23 Featured Posts Localism Sponsor Outside Blog

Its kind of cool how you do the market update on that background !:-)

12:24am • #1
123,438 Points 4 Featured Posts

Richard, this is the 2nd post that I've read today that discusses prices starting to stabalize.  Maybe we are hitting bottom.  Well, not in California, but in other areas.  Thats a good thing!

1:10am • #2
177,256 Points 1 Featured Post

It's good that you stopped by Liz, Howzit up your way?

I think so Kate.  Lets hope there are no more unexpected shocks to our economy.

2:43am • #3
304,732 Points 4 Featured Posts

ToulaRosebrock,com

Hi Richard:

And I see that you've change brokers too!

Hoping that you are doing well...

6:58am • #4

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Richard T Dolbeare (RA), ABR, CRS, RSPS, BS/MS - Engineering Hawaii Dreams Today

Koloa, HI

More about me…

Keller Williams Realty

Address: 1819 S. Kihei Rd, Ste. D-110, Kihei, HI, 96753

Office Phone: (808) 651-4550

Cell Phone: (808) 651-4550

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Aloha from Hawaii. Since making the move from an area where Winter meant it was cold and snowy to one where it means rains sometimes last 15 minutes instead of 5, I've made other changes as well including moving from an engineering management position to a real estate professional. I enjoy change and both have been good. I use my blog to discuss most anything relevant to the Hawaii real estate market and my new profession including tips, local information, Hawaiian lifestyle, and embracing change. Visit www.KauaiRocks.com for more information.


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