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Kauai real estate sales report for February 2010

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

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.

 

Number of Sales

Type February % Change   Year-To-Date % Change
Residential  20 +81%    51 +143%
Condominiums  12 +9%    26 +44%

 Median Sales Price

Type February % Change   Year-To-Date % Change
Residential $446,500 +12%   $436,000 +7%
Condominiums $313,000 +8%   $258,700 -5%

Additional breakdown of this information is available to my clients upon request.

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

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Richard T. Dolbeare, R(B) photo

Richard Dolbeare, R(B), HI LIc. # RB-20941
Hawaii multi-island specialist for Maui & Kauai with eXp Realty
Property owner on both Maui & Kauai
(808) 651-4550 | Aloha@eXp808.com
MauiSandCastles.comKauaiRocks.com

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eXp Realty is a nationwide cloud-based brokerage licensed in Hawaii as follows:

eXp Realty, Lic. # RB-21841, 500 Ala Moana Blvd., #7-400, Honolulu, HI 96813

Comments (2)

Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Richard, Wow, it's good to see that your market is improving. How's the weather there?

Mar 05, 2010 04:46 AM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Sandy, the weather is 75 degrees with sprinkles at the moment.  But as with Florida, wait 5 minutes and it will likely be sunny with people headed to the beach!  Unfortunately we Realtors don't get nearly as much beach time as we would like as we work too much.

Mar 05, 2010 04:58 AM