Aloha,
Apr 13 turned out to be very hot, ending up with 124 sales, which is an increase of 72% over the 72 sales of Apr 12. The increase was spread among residential – which went from 29 to 54 sales, land which had a 160% increase with 10 sales in Apr 12 to 26 in Apr 13 and condo with 44 sales this Apr compared to 33 Apr 12. The “low” in sales was in Apr 08 with 48 sales and Apr 09 with only 45. Apr 13 is far and away the best performing month since 2008.
Year to date, Apr 13 has 308 sales compared to 263 for this time last year. With the exception of 2009 –which had only 131 sales at the end of Apr – things have been steadily increasing since 2008. Year to date Apr 08 had 212 sales, Apr 10 had 219 and year to date Apr 11 had a total of 255 sales.
Sales volume is also on the upswing, with $63M in sales this Apr compared to $43M in Apr 12, which is a 46% increase. Once again, this is the high for the last 6 years. The low was in Apr 09, which only posted $27M in sales, followed closely by Apr 11 with $29M in sales volume.
Year to date there have been $177M in sales. Last year at this time there were $149M in sales, 2011 had $154M, 2010 – $118M, 09 was the low year to date with only $85M and finally 08 year to date had $190M in sales volume.
Median sales for residential in Apr is down from $680K in 12 to $585K in Apr 13. Land median is up from $216,500 to $255K in Apr 13 – with condos going from $312K in Apr 12 to $335K for Apr 13. Year to date the median is up across the board: going from $449,750 year to date Apr 12 to $500K for this year in residential; land is up from $260K to $272,500 and condos went from $290K to $323,750. Keep in mind, these are median prices and not average prices. To see the full MLS statistical report, please click here to go to my website where I post the full report every month.
Aloha Elaine
Elaine Schaefer (R)
Broker in Charge
CRS, GRI, ABR, SFR
Top Producer 100% Club
RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: www.activerain.com/blogs/soldonkauai
……Making your real estate dreams
my business………
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