Big Improvement in Kauai Absorption Rate

By
Real Estate Agent with Keller Williams Realty Maui Hawaii Lic. # RB-20941

Kauai's South Shore Poipu area is an area I specialize in and I used to cringe at the awful absorption rate of condos there which rose as high as a 10-year supply.  My July post showed a decrease to the 6-year range and now it's down close to 2 years, a vast improvement. 

In the current data, our value-priced West Side homes has spiked but this may be a short-term anomaly, time will tell.

October 2010 Update

[If image does not display, hit your browser refresh button]Kauai Absorption Rate chart

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

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

Visit www.KauaiRocks.comfor Hawaii real estate information 

Posted by

Richard T. Dolbeare, R(B) photo

 

Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

www.MauiSandCastles.com and www.KauaiRocks.com 

 Hawaii multi-island specialist, Maui & Kauai
Richard Dolbeare eBusiness Card

Google+ Twitter icon Facebook logo Youtube logo

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Hawaii Kauai County
Groups:
Posts to Localism
Tags:
absorption rate
hawaii real estate
kauai condos
kauai real estate
kauairocks
kauai homes
kauai residential
kauai condominiums

Spam prevention
Show All Comments
Rainmaker
186,422
Kathy Smiley
Rodeo Realty ~ Fine Estates Westlake Village - Westlake Village, CA
Westlake Village, CA - "Making YOU Smile!"

That's great news, Richard. Maybe that will tricke-over here to California!

Oct 22, 2010 01:57 PM #1
Ambassador
1,438,266
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Richard,

That's a heck of a positive movement, even if you're still measuring absorption rates in years.

Rich

Oct 22, 2010 02:07 PM #2
Rainmaker
228,936
Coldwell Banker Camelot Realty
Coldwell Banker Camelot Realty - Mount Dora, FL
Homes for Sale Mount Dora Realtor

That is a drastic change.

We are remaining pretty flat in our area.

 

Oct 22, 2010 02:08 PM #3
Rainmaker
492,177
Richard T. Dolbeare
Keller Williams Realty Maui - Kahului, HI
R(B), ABR, CRS...Hawaii Multi-Island Specialist

Thanks all for stopping by.  Rich, you hit the nail on the head, when we can talk months instead of years we'll be rockin'!

Oct 22, 2010 02:14 PM #4
Rainmaker
367,037
Julie A. Black
KAUAI DREAMS REALTY Kauai Real Property Specialist - Kapaa, HI
CLHMS, CRS, GRI, Realtor, Broker

Wow great news. Now sell my Koloa Gardens #12 UNIT. Thanks Julie

Oct 26, 2010 12:16 PM #5
Ambassador
686,098
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

This sounds like good news for you.  I do hope the trend continues to be positive!

It's always good to hear from my friend in Kauai.....I hope you are well and happy!!!

Nov 08, 2010 01:50 PM #6
Rainmaker
492,177
Richard T. Dolbeare
Keller Williams Realty Maui - Kahului, HI
R(B), ABR, CRS...Hawaii Multi-Island Specialist

Thanks for stopping by with your always-positive comments Ann.

Best wishes.

Nov 08, 2010 02:02 PM #7
Ambassador
1,649,238
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Richard I love hearing great real estate news and this is certainly trending in the right direction.

Nov 16, 2010 03:13 PM #8
Rainmaker
492,177
Richard T. Dolbeare
Keller Williams Realty Maui - Kahului, HI
R(B), ABR, CRS...Hawaii Multi-Island Specialist

Thanks for your comments Jennifer.  Best wishes.

Nov 16, 2010 03:17 PM #9
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
492,177

Richard T. Dolbeare

R(B), ABR, CRS...Hawaii Multi-Island Specialist
Buy a home or condo in Hawaii
*
*
*
*
Spam prevention

Additional Information