Kauai Absorption Rate at Mid-Year 2016

By
Real Estate Agent with eXp Realty Hawaii Lic. # RB-20941

Absorption rate (how many months of active inventory) is a market health indicator where 6 months is typically viewed as a balanced market.  Current Kauai data shows a sluggish market in the South Shore and North Side areas while the Central area (Lihue) is quite a hot market.  The residential (and remote) West Side is also sluggish while the East Side is OK for homes while somewhat problematic for condos.  

 

My interpretation of this data is that the resort areas are troublesome while the residential areas are hot.  That's because the North and South areas are big resort areas on Kauai while Lihue is mainly residential.  Kapaa is unique with many residential homes plus multiple resort condos.  

Kauai Absorption Rate Chart

 

Comments and other interpretions are encouraged.

 

Aloha!

Posted by

Richard T. Dolbeare, R(B) photo

Richard T. Dolbeare, R(B), HI LIc. # RB-20941
145 N Kihei Road Suite A, Kihei, HI 96753
(808) 651-4550 | Aloha@eXp808.com
MauiSandCastles.comKauaiRocks.com
Hawaii multi-island specialist, Maui & Kauai

Linked-in logo  Google+ Twitter icon Facebook logo Youtube logo

 

eXp Realty is a nationwide cloud-based brokerage licensed in Hawaii as follows:

eXp Realty, Lic. # RB-21841, 500 Ala Moana Blvd Ste 400, Honolulu, HI 96813

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Hawaii Kauai County
Groups:
Posts to Localism
Outside Blogs
Tags:
kauai condos
kauai real estate
kauai homes
kauai real estate market
kauai absorption rate

Spam prevention
Show All Comments
Rainmaker
3,055,815
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Hi Richard T. Dolbeare!

Thanks for an interesting report for the Kaui real estate market!

We like your writing style!

We wish you great success with your blog posts and networking with other members of Active Rain!

We clicked the “Follow” button on your profile so that we will be alerted to your future blog posts and can read and comment on them, and we invite you to "follow us" - should you be interested. There is no requirement or obligation for you to do so, but we would be honored if you choose to do so!

Jul 31, 2016 05:30 AM #1
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
495,818

Richard T. Dolbeare, R(B)

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

Additional Information