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Kauai Sales Uptick

By Richard Dolbeare

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

July 23, 2009 07:04 AM

I'm beginning to hear talk of an upturn in sales and this update of Kauai sales seems to bear that out. The uptick in 2009 is pronounced and appears to be real now that we have data over halfway through the year. Those who think prices will closely follow may be disappointed as we have huge amounts of inventory to clear out. I saw data on the way down that showed price declines lagging sales declines by 2 years. I expect a significant lag on the upside as well.

Kauai Real Estate Sales Chart

For the techies out there, the Excel curve fit is a 5th-order polynomial.

Aloha

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes &; Sellers Find Buyers

Visit www.KauaiRocks.comfor Hawaii real estate information

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Susan Neal

RE/MAX Gold, Fair Oaks - Fair Oaks, CA

Fair Oaks CA & Sacramento Area Real Estate Broker

Hi Richard - Excellent illustration of your point. And how startling to see visually what a strange roller coaster real estate has been on for the last few years. Glad it's finally creeping up.

Jul 23, 2009 12:50 PM

Julie A. Black

KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI

CLHMS, CRS, GRI, Realtor, Broker

Let hope that upswing keeps going up.

Jul 23, 2009 04:26 PM

Richard Dolbeare

Inactive - Wailuku, HI

Living the Hawaii Lifestyle

Hi Susan, you should be a little ahead of us I would think. How is it there?

Julie--You and me both!

Jul 23, 2009 04:30 PM

Kauai Sales Uptick

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