Kauai Real Estate Market at Mid-Year 2018

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

Kauai Real Estate Market Overview

 

The Kauai real estate market is hot with many buyers struggling to find properties that meet their needs.  The supply of properties is very low relative to supply which is resulting in bidding wars.  All 5 Kauai regions are tight for those looking for condos.  For residential homes, it's only on Kauai's North Shore that is there an abu

ndance.  The chart below illustrates current conditions.  For reference, most consider a 6 month supply a balanced market with anything less trending toward a seller's market.  Clearly it's a seller's market big time throughout the island except for that one exception on the North Shore.

Kauai Absorption Rate July 2018

As shown, the Central Lihue area is extremely tight for both residential homes & condos.  It's an especially tough market for buyers here and even more so for those needing to finance who must compete with all-cash buyers.

 

In this market, it's important for buyers to work with an agent who knows the island well and can provide guidance.  A good reference can be found online at www.KauaiRocks.com.  Buyers are welcome to contact me directly for assistance.

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

Spam prevention
Show All Comments
Rainmaker
1,849,077
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hello Richard, as a huge fan of Kauai and a former condo owner on the East Side, I enjoy following the market there. I like you chart, with the "awesome" to "ugly" labels. Nice job!

Jul 21, 2018 11:30 PM #1
Rainmaker
1,150,756
Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

I really love your Very creative chart labeling. I enjoy reading your Market reports. Thanks and have a wonderful day. 

Jul 22, 2018 04:38 AM #2
Ambassador
1,491,699
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this.  Very professional!  This is most informative and exactly the type of information buyers and sellers need to make informed decisions.

Jul 22, 2018 08:28 AM #3
Rainmaker
1,684,794
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Have a great rest of the weekend!

Jul 22, 2018 10:40 AM #4
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
495,918

Richard T. Dolbeare, R(B)

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

Additional Information