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Kauai Absorption Rate Continues to Improve

There was a huge improvement in Kauai's absorption rate in my January update and that improvement has continued through the 1st quarter of 2010.  Although still heavily tilted to a Buyer's Market, most categories are now in the 1-2 year range instead of 4, 5, and 10-year (resort-area condos an exception).  Most hope that we continue to build on this trend so as to achieve a more balanced market.

1st Quarter 2010 Update

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Kauai Absorption Rate Chart

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Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

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Comment balloon 4 commentsRichard T. Dolbeare • April 21 2010 09:02PM
Kauai Absorption Rate Continues to Improve
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There was a huge improvement in Kauai's absorption rate in my January update and that improvement has continued through the 1st quarter of 2010. Although still heavily tilted to a Buyer's Market, most categories are now in the 1-2 year range… more
Kauai Real Estate Sales Up In 1st Quarter
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The Tsunami warning for the Hawaiian Islands has just been cancelled. It was pretty not much more than one would expect with rapid tide changes and as far as I know, there was no damage. Mainland property owners can relax and local residents can… more
Tsunami warning for Hawaiian Islands
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I woke early this morning and learned of the devasting Chile earthquake. I extend my sympathies to all those who are impacted by this tragedy. Hawaii is under a Tusnami warning with the first wave expected at 11:19 AM today and subsequent… more
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[If picture does not show, hit your browser refresh button] Koloa Landing the new condominium complex under construction in Poipu on Kauai's South Shore, held a Broker's Open House last week for brokers and agents to preview completed… more
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Although FHA loans are reported to be gaining share nationally, they still represent only a small share of Kauai purchases. Over the last 6 months, most purchases are with conventional financing or all cash as shown in the chart below. [If… more
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Days on Market continued to climb in 2009 as shown in the charts below. So far in 2010, the overall numbers are similar to 2009 but variation within property types is huge. Once there is sufficient data for meaningful results, I'll update the… more