Kauai March 2016 Market Statistics

By
Real Estate Broker/Owner with Sold on Kauai Realty RB-18142

Aloha from Princeville Kauai,

March was a busy month, coming in like a lion and going out the same way, posting a new high this year of 105 sales! This is a 19% increase over Mar 15 which had only 88 sales and a 56% increase over the 67 sales posted for Feb 16. This is the first time we’ve seen a triple digit posting in the last 6 years.

Year to date, sales are up by 15%, with 215 posted year to date Mar 15 compared to 248 as of the end of this Mar.

Sales volume is down by .3%, going from $103,444,439 sold in Mar 15 to $103,054,420 in Mar 16. You can’t get much closer than that! It’s clear that some big ticket items have been selling these past two years, as sales volume for Mar over the last 6 years was nowhere close – Mar 14 posted $56,220,350; Mar 13 was $36,680,757; Mar 12 $38,622,150 and Mar 11 came in with $41,354,580. Quite a change.

Year to date we are at $212,526,560 for Mar 16 which is up 10% over Mar 15′s sales volume of $192,467,896.

Median sales price for residential is down 29%, going from $967,500 in Mar 15 to $683,500 this past Mar. Year to date residential median went from $701,000 in last Mar to $652,000 for this Mar.

If you want to see the complete Statistical report as compiled by the MLS, please click here where I post it on my blog each month.

Hawaii Information System is the force behind our MLS. Along with various other upgrades over the years, they have recently started compiling other statistical data.

Below are the Kauai Monthly Stats from 4-1-2015 to 3-31-2016.

HISStats12MonthCharts2016-04-04 140000Kauai

Here are the Kauai Monthly Comparisons for Month Ending 3-31-2016:

HISStatsMonthlyComparisons2016-04-04 140000Kauai

These are the Summary Statistics for Kauai from 4-1-2015 to 3-31-2016:

HISStats12MonthSummary2016-04-04 140000Kauai

…and if that’s not enough statistical data to get you through the day, here are the Kauai Year to Date Comparisons for Month Ending 3-31-2016:

HISStatsYTD2016-04-04 140000Kauai

Let me know what you think about all these new charts! If you’re thinking of buying or selling, don’t forget to get the facts here first.

Aloha from Paradise,

Elaine

IMG_481406200
It’s always fun to visit Honolulu for a few days.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
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……Making your real estate dreams
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