Data is increasingly convincing that Kauai's real estate inventory has peaked. It's rarely possible to discern trends until sufficient time has elapsed to look back and see where we have been. For Kauai, the inventory buildup began in the Fall of 2005 and continued to build for 3 years. Now the number of active listings has been decreasing for a full year. This is a good sign for sellers and may be a signal for buyers to act now while inventory remains high with negotiable pricing and low interest rates.
For techies, the smooth yellow curve superimposed on the chart is an Excel 3rd-order polynomial curve fit.
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