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Sales Data for Kauai & Maui--April 2010

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

Kauai and Maui year-to-date real estate sales statistics through April 2010 compared to the same period in 2009 show a marked increase in the number of sales on both islands but mixed results on price.  While Kauai prices were up substantially (flat for residential) Maui saw large price decreases in all categories.  Clearly the 2 islands are not in sync on prices.  The data is shown in the tables below.

This continues to be an unprecedented opportunity for buyers who have cash or access to financing.  Mortgage rates themselves continue to be most favorable to borrowers but this may not last.

This Month's Update

Year-to-Date Median Sales Price (April 2010)

Type Kauai % Change   Maui % Change
Residential $472,000 -1%   $470,276 -9%
Condominiums $287,500 +21%   $434,000 -36%
Vacant Land $295,000 +27%   $520,000 -40%

 

Year-to-Date Number of Sales (April 2010)

Type Kauai % Change   Maui % Change
Residential  113 +69%    262 +53%
Condominiums  71 +73%    451 +50%
Vacant Land  33 +50%    46 +35%


[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.]

Aloha & Mahalo!

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(10)

Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

Hi Richard:

WOW...look at those numbers.

Sounds like the Kauai & Maui markets are doing well this year.

May 22, 2010 04:46 PM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Toula.  Much improved in number of sales but Maui needs prices to stabilize.

May 22, 2010 04:52 PM
Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

It's great sales have picked up. It's a sure sign of an improving economy.

May 25, 2010 06:09 AM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Julie.  Thanks for stopping by and have a great week!

May 25, 2010 06:17 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

That's what I keep telling everyone... NOW is a good time to buy on Maui.  These low prices won't stay around forever.

May 29, 2010 11:31 AM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Georgina.  You and I know the time is right!

May 29, 2010 05:09 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Richard good to here things are improving.  There are certainly many reason to buy now the opportunity won't last forever.

Jun 03, 2010 06:22 PM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Jennifer.  Thanks for stopping by and best wishes to you.  Aloha

Jun 03, 2010 07:07 PM
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

I wish I had a little extra tucked away so I could buy a little place in the islands.......

Jun 07, 2010 01:54 PM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Ann.  Maybe a little vacation would be good instead?  Tourism is our #1 business in Hawaii and we need help!

Jun 07, 2010 05:32 PM