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Big Improvement in Kauai Absorption Rate

By Richard Dolbeare

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

October 22, 2010 01:48 PM

Kauai's South Shore Poipu area is an area I specialize in and I used to cringe at the awful absorption rate of condos there which rose as high as a 10-year supply. My July post showed a decrease to the 6-year range and now it's down close to 2 years, a vast improvement.

In the current data, our value-priced West Side homes has spiked but this may be a short-term anomaly, time will tell.

October 2010 Update

[If image does not display, hit your browser refresh button] Kauai Absorption Rate chart

Aloha!

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Kathy Smiley

Rodeo Realty ~ Fine Estates Westlake Village - Newbury Park, CA

"Real Estate results that make YOU smile!"

That's great news, Richard. Maybe that will tricke-over here to California!

Oct 22, 2010 01:57 PM

Richard Iarossi

Coldwell Banker Residential Brokerage - Crofton, MD

Crofton MD Real Estate, Annapolis MD Real Estate

Richard,

That's a heck of a positive movement, even if you're still measuring absorption rates in years.

Rich

Oct 22, 2010 02:07 PM

Coldwell Banker Camelot Realty

Coldwell Banker Camelot Realty - Mount Dora, FL

Homes for Sale Mount Dora Realtor

That is a drastic change.

We are remaining pretty flat in our area.

Oct 22, 2010 02:08 PM

Richard Dolbeare

Inactive - Wailuku, HI

Living the Hawaii Lifestyle

Thanks all for stopping by. Rich, you hit the nail on the head, when we can talk months instead of years we'll be rockin'!

Oct 22, 2010 02:14 PM

Julie A. Black

KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI

CLHMS, CRS, GRI, Realtor, Broker

Wow great news. Now sell my Koloa Gardens #12 UNIT. Thanks Julie

Oct 26, 2010 12:16 PM

Ann Allen Hoover

RE/MAX Advantage South - Hoover, AL

CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

This sounds like good news for you. I do hope the trend continues to be positive!

It's always good to hear from my friend in Kauai.....I hope you are well and happy!!!

Nov 08, 2010 01:50 PM

Thanks for stopping by with your always-positive comments Ann.

Best wishes.

Nov 08, 2010 02:02 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 I love hearing great real estate news and this is certainly trending in the right direction.

Nov 16, 2010 03:13 PM

Thanks for your comments Jennifer. Best wishes.

Nov 16, 2010 03:17 PM

Big Improvement in Kauai Absorption Rate

Comments(9)

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