Kauai Lagoons Preliminary Information
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Kauai Absorption Rate Is Improving
When I first started preparing absorption rate charts for Kauai in early
2007, there was a mix of the good, the bad, and the ugly. In early 2008,
the chart had deteriorated to mostly ugly. Today I did another update and
what a nice surprise! The supply of unsold homes in 2 of our 5 zones has
improved markedly. Our central Lihue zone is actually back in the "OK" to
"Fine" region (see referenced Business Week article for a description) and
the East Side is much improved from 26.2 months to 17.8 months supply.
Condos continue to be troublesome across the board. The updated absorption
rate chart is shown below.
Our central Lihue zone is the center of commerce for the island. For
those looking to buy in that area this chart and the cost of commuting should
create a sense of urgency.
Visit www.KauaiRocks.com for Hawaii
real estate information
Richard Dolbeare
REALTOR-ASSOCIATE®
Accredited Buyer Representative & e-PRO
Century 21 All Islands, the #1
brokerage on Kauai
(808) 651-4550
(866) 757-8239 (FAX)
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Richard T. Dolbeare (RA)
Keller Williams Realty
(808) 651-4550
Aloha@RichardDolbeare.com
www.KauaiRocks.com
Hawaii Realtor® specializing
in Kauai real estate sales
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Aloha Richard,
Good to see things are improving in beautiful Kauai!
It's been a long time since I've been to your beautiful island, yet I hope to be there again. You know if everyone knew how wonderful it was there, you would need to turn them away.