Kauai and Muai year-to-date sales statistics through December 2009 compared to the same period in 2008 show that this continues to be an unprecedented opportunity for buyers. Selection is large and prices are down substantially There remains a large amount of inventory to be cleared out before downward price pressures ease. An upturn in number of sales is key to that and there are hints that this may now be happening. Some economists think we may be at or near the bottom of the cycle. Of course we won't know we're at the bottom until we can look in our rear view mirror and then it's too late for the best deals.
This Month's Update
Year-to-Date Median Sales Price (Jan-Dec 2009)
| Type | Kauai | % Change | Maui | % Change | |
| Residential | $471,000 | -23% | $498,106 | -14% | |
| Condominiums | $330,000 | -50% | $450,000 | -18% | |
| Vacant Land | $277,500 | -27% | $485,000 | -31% |
Year-to-Date Number of Sales (Jan-Dec 2009)
| Type | Kauai | % Change | Maui | % Change | |
| Residential | 265 | -7% | 693 | -24% | |
| Condominiums | 160 | -5% | 824 | +4% | |
| Vacant Land | 71 | -42% | 109 | +10% |
[Data extracted from Kauai and Maui multiple list reports. Data is deemed reliable but is not guaranteed-please consult with your real estate professional. There may be differing opinions and interpretations of the data.]
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