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Buyer & Seller Markets Co-exist on Kauai

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

The Kauai real estate market continues to be a paradox with some areas a balanced market trending to a seller's market and others firmly entrenched in the red, buyer market region.  South Shore condos are especially troublesome for sellers with a 19+ month supply.  Yet in Kauai's central Lihue area, supply is down to 5.2 months for both homes and condos.  All regions are a huge improvement over that a few years back which is shown for comparison.

 

May 2014

Kauai absorption rate chart for May 2014

 

2 1/2 Years Ago (note the scale goes up to 60 months)!

Absorption rate chart for October 2011

For current listings on Kauai, visit www.kauairocks.com/mls/.

For Kauai community reviews with videos and descriptions, visit www.kauairocks.com/communities/.

For purchase or sales, contact me.

 

Aloha!

Posted by

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(3)

Donna Quinlan
Keller Williams Realty - Newburyport, MA
Keller Williams Realtor & Career Consultant

Interesting to see that you have a 19+ supply of condos in a service area of yours. The area I service is a in a sellers market with homes and condo's getting multiple offers. 

May 21, 2014 07:25 AM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Aloha to another KW agent!  That one market area is an anomaly and I can't explain the reason as there's nothing unusual going on in the area.  Best wishes to you!

May 21, 2014 08:00 AM
John Pusa
Glendale, CA

Richard - You are right, sometimes buyer and seller markets can co-exist together.

May 21, 2014 10:20 AM