Kauai Condos sales are trending up

By
Real Estate Agent with Resort and Second-Home Specialist REALTOR Broker #21673

Image courtesy of sscreations at FreeDigitalPhotos.net

On the island of Kauai the number of condos sold last month rose steeply,

climbing 24% with 31 condo units closing escrow. That compares to  25 units sold in December 2014.

The median price of a condo sold on Kauai in December 2015 fell slightly, 1.5% to a median price of $379,000 compared to $385,000 in 2014. Because the island's market in any month may represent a small number of sales and units are at vastly different prices month to month comparisons of prices are less reliable as indicators than year to year comparisons.

For all of 2015 the median price of a condo on Kauai was $370,000 which was 7% higher than the median price in 2014 which was $345,500. The number of condos sold in all of 2015 totaled 361 units. That is 10% higher than the 328 units that were sold in 2014.

Looking ahead to 2016 the increase in pending sales for condominiums in December 2015 may result in very strong condo sales volume over the several months. the condo market on Kauai has been strong for several years and that upward trend is expected to continue.

The condo market on Kauai is currently very good. It is not considered by experts to be over-priced so it remains an good market for both buyers and sellers.

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Please call or email me if you are considering selling or buying a property on Kauai. I work with a sales team that are experts at helping you make the right move!

 

Kathleen Luiten, REALTOR Broker                                                                         

808-346-3081

CENTURY 21 All Islands

 

Email: kathleen.luiten@hawaiimoves.com                                                                       

www.kathleenluiten.hawaiimoves.com  

Don't just dream, call Kathleen!

 

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Topic:
Real Estate Market Trends
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Hawaii Kauai County
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Rainmaker
4,432,941
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is good information for home owners in the area. Thank you.

Jan 11, 2016 01:33 AM #1
Rainmaker
220,830
LuxurySoCalRealty Compass San Diego
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Hi Kathleen thanks for sharing your market report for Kauai.  Have a great weekend.

Jan 15, 2016 07:47 AM #2
Rainmaker
1,179,752
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

It looks like you are going to have a great 2016 in the Kauai condo market. Here's hoping.

Feb 08, 2016 11:10 AM #3
Rainmaker
2,004,737
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Been to your land and noticed the prices... thanks for the blog to help track them!

Feb 11, 2016 02:51 AM #4
Rainmaker
2,334,938
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Important information for anyone considering buying or selling. Nice job with your report.

Feb 11, 2016 05:00 AM #5
Rainmaker
3,404,623
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kathleen great news that sales are trending up, Endre

Feb 11, 2016 02:55 PM #6
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Kathleen.  Thanks for sharing the good news about Kauai condo sales.

Feb 11, 2016 08:17 PM #7
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Rainmaker
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Kathleen Luiten

Kauai Luxury Ocean Home Sales
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