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Kauai Residential Sales Groups Becoming Broader

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

Kauai residential sales continue to look a little more healthy than early in the year.  Back at the end of February, pretty much the only price category that was selling was homes below $500,000 which had a whopping 62% market share.  Now at the end of June, that share is down to 48% and the next higher category has more than doubled.  The charts below tell the story.

Median sales prices used to be in the high $700K range but dropped off a cliff when higher-end homes quit selling.  It's important for those homes to start selling again and clearly there is a move in that direction.

January to February 2009 sales spreadKauai Sales Brackets Feb 09

 January to March 2009 sales spreadKauai Sales Brackets March 2009

January to February 2009 sales spreadKauai Residential Sales Brackets June 2009

 Aloha,

 Search Kauai/Big Island| Search Maui| Email| About Me| Visit Website| Phone/Text (808) 651-4550Richard Dolbeare (RA), Century 21 All Islands logo

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

Visit www.KauaiRocks.comfor Hawaii real estate information  

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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(6)

Eric Villaverde
DoubleTree Home Inspection Services L.L.C. - Phoenix, AZ

Thanks for sharing your local information with me today. I look forward to more news

Jul 26, 2009 02:06 PM
Jim Valentine
RE/MAX Realty Affiliates - Gardnerville, NV

Good information.  It sure shows you the sweet spot of the market - where to prospect.

Jul 27, 2009 01:18 AM
Lynn911.com ~ Dallas Real Estate Agent Top Team
Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com - Dallas, TX

Richard wow wow wow what a great blog you posted here I love the lay out ... great ideas of Dallas blogging

I hope you have a wonderful and successful week.

Jul 27, 2009 05:05 AM
Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

Great pie charts.

Jul 28, 2009 06:18 PM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

LOVE the pie charts and LOVE your URL! :)

Jul 29, 2009 06:26 AM
Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Thanks to all for your comments.  I believe in having fun in my job and making charts is part of that.  It's my engineering side showing through <grin>.

Aloha

Jul 29, 2009 07:19 AM