kauai real estate absorption rate: Kauai Returns to a Balanced Market With Some Shortgages
- 12/30/12 10:28 AM
The Kauai real estate market continues to improve and at the end of 2012, many areas are back to a balanced market for single family homes. In some areas, competition from buyers is keen with multiple offers on well-priced properties in good condition. Hot areas on Kauai are Lihue, Kapaa, and now Kalaheo. Condos are improving as well and I have buyers waiting for new listings in some projects where all existing inventory is under contract. The chart below gives the breakdown by island region.
I provide additional information to my clients so that they have insight not available to … (2 comments)
kauai real estate absorption rate: Kauai Home Inventory Continues to Fall
- 09/07/12 07:18 AM
Kauai inventory continues to decline and move toward a more balanced market. Associated with this is increased difficulty in finding a home for buyers. Also observed are increased occurrences of competiting offers. The 2 charts below show large differences in today's market compared to last year. Note that last year the chart had to go up to 60 months to encompass all the data; now it only need go to 24. Last year, most areas were in ar near the red zone while now most are below that. Current Last Year
Buyers should not delay any further … (1 comments)
kauai real estate absorption rate: Kauai Inventory Tigentens (then and now comparison)
- 06/19/12 02:15 PM
As the Kauai real estate market has become incresingly active, my business is booming and I struggle to find time for my AR posts. My solution is to be less wordy and let the pictures speak for themselves. Look at the 2 charts below which are a measure of inventory or months supply. One only need compare then (year 2009) with now (year 2012) to get the message that we are well into recovery territory. Heck, we ARE recovered in Kapaa and Lihue! Hint--red is a poor market. Then (2009) Now (2012)
Buyers should not delay any … (0 comments)
kauai real estate absorption rate: Kauai Absorption Rate For March 2012
- 03/16/12 09:49 AM
The inventory picture continues to improve on Kauai. At one time all areas of the island had a supply of homes well into the undesirable "red" zones, now there are many that are approaching a balanced market. The Central/Lihue market continues to be the best performing. Big improvements are still needed in the Poipu and Kapaa area resort condos.
Aloha! … (4 comments)
kauai real estate absorption rate: Kauai Real Estate Continues to Move Toward a More Balanced Market
- 01/14/12 04:20 AM
Kauai Absorption Rates Show A More Balanced Market Kauai absorption rates continue to move toward a more balanced market. The Lihue area leads the way with a supply of homes and condo well below 12 months. The South Shore, once a very troubled area, has also seen a dramatic recovery and now has the least supply of all of Kauai's resort areas (Princeville, Kapaa, Poipu).
The horizontal color bands in the chart indicate market health from a seller's perspective (red is ugly). Foir more information, see the color code definitions to the right of the chart.
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kauai real estate absorption rate: Kauai Absorption Rate for July 2011--Continued Improvement
- 07/24/11 10:26 AM
Our Kauai real estate absorption rate continues to move toward a balanced market although we're not there yet except for the Lihue condo market. There has been a huge improvement compared to a little over 2 years ago (see 2nd chart). Of course that is from a seller's perspective; for buyers it's time to act while there is still a significant tilt toward a buyer's market.
Back in 2009 practically the entire chart was red (awful for sellers but wonderful for buyers)
Real estate is the largest investment that many of us will ever make so it's critical that buyers and sellers have access to essential information. This blog provides key news and information about Hawaii real estate.
The Kauai real estate market continues to improve and at the end of 2012, many areas are back to a balanced market for single family homes. In some areas, competition from buyers is keen with multiple offers on well-priced properties in good condition. Hot areas on Kauai are Lihue, Kapaa, and now Kalaheo. Condos are improving as well and I have buyers waiting for new listings in some projects where all existing inventory is under contract.
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