Kauai Real Estate Market at Mid-Year 2018

By
Real Estate Agent with Keller Williams Realty Maui 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.

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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
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Rainmaker
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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
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Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty

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
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Jim Crawford
Crye-Leike 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
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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
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Richard T. Dolbeare

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