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Kauai Inventory Showing Improvement

Is Kauai inventory headed back down after climbing for 3 years and peaking in August?  I never take 1 month of data as a trend and am hesitant to call 2 months a trend as well.  But for now anyway, it does appear from our MLS data that inventory is on a downward track.  My own closings have increased substantially in this period which gives me encouragement.  The chart data for all of Kauai follows.

Aloha!

inventory chart

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Richard T. Dolbeare, R(B)

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Comment balloon 2 commentsRichard T. Dolbeare • November 07 2008 04:50PM
Kauai Inventory Showing Improvement
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Is Kauai inventory headed back down after climbing for 3 years and peaking in August? I never take 1 month of data as a trend and am hesitant to call 2 months a trend as well. But for now anyway, it does appear from our MLS data that inventory is… more
Kauai Voters Restrict New Vacation Rentals
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A Kauai citizens petition to transfer approval of permits for construction of transient accommodation units from the Planning Department to the Kauai County Council was overwhelmingly approved by voters yesterday. This issue was driven by a… more
Hawaii Craters?
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A report in the Garden Island newspaper today gave new meaning to the word "crater". One of the headlines reads "Hotel occupancy rates crater in Hawai'i". I track multiple Hawaii statistics and one of these is the hotel… more
Kauai Warm & Cold Sales Zones
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With no blackberry pie in sight (see earlier post HERE ), I had to settle for a pie chart for Kauai sales. This shows which areas of the island are hot (well, warm anyway) and which aren't (the West Side). Data reflects the number of sales in 2008… more
Kauai Sales Trends
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Halloween is past and we're into November so it's time to update Kauai sales statistics. The first thing I've looked at is the sales count for condos, land, and residential properties. I've excluded timeshare and fractionals/shared ownership. Data… more
Kauai Coconut Coast Resorts Receive Approval
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The Garden Island newspaper reports that the Kauai Planning Commission has approved 2 beachfront projects on Kauai's East Side after a court ruling that previous decisions were unconstitutional. The two projects receiving approval are the Coconut… more
Kauai Gets A New Road
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Hawaii Superferry Postpones Service to Big Island
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BREAKING NEWS IN HAWAII According to today's Garden Island newspaper, Hawaii Superferry has announced it will postpone the start of service between Honolulu and the Big Island due to the economic crisis. This service was to have been… more
Hawaii Tourism Plunges in September
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The state Department of Business, Econoic Development and Tourism (DBEDT) has released September tourism figures and guess what, they dropped off a cliff! Hawaii as a whole was down 19. 5% and Kauai was down 29%! Recent strength has been our… more
Honolulu Elevated Commuter Rail Referendum on November 4
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The Honolulu Advertiser reported the latest Hawaii poll show slipping support for the planned elevated commuter rail project for Honolulu which is subject to referendum on November 4. According to the article, 51% support the project, 43% oppose,… more
Kauai is paradise but drownings continue all too frequently
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Kauai Ocean Safety Bureau ceremony In my post of October 13 I commented on Kauai water safety after 3 of our visitors drowned on Sunday (and another the following day). In related news, The Garden Island newspaper published an… more
Islander on the Beach condo with stunning ocean views
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For those looking for stunning ocean views and low price, this could be the one for you! Islander on the Beach Highly Desirable End Unit Kauai's Coconut Coast … more
Hawaii Interisland Travel Cost Comparison
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With the departure of Aloha Airlines due to bankrupcy, the cost to fly interisland has risen substantially. I fly between the islands frequently and put together a cost comparison which is published below. I have personally travelled on… more
Poipu's Largest Development Project Announces Layoffs
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According to today's Garden Island newspaper, Poipu's largest project, Kukui'ula is laying off about 20% of it's staff because of market conditions. The president is reported to have said he hoped no additional cuts would be necessary which leaves… more
New Custom Home In Kauai Countryside
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Escape to a Private Paradise--New Custom Home Kauai--Waipouli Countryside Bedrooms 2 + office Baths 2. 5 … more
Hawaii News Item on Senator Obama's Short Visit To See His Ailing…
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Senator Obama arrived in Honolulu last night and went directly to visit his ailing grandmother Madelyn Dunham (Toot) in her apartment. The story as reported by the Honolulu Advertiser can be found HERE This post is not an endorsement… more
More on Hawaii's Mokulele Airlines
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It's Thursday here in Hawaii where the news has been a little light this week. Maybe that's a good thing given the trend of recent nationwide news. The biggest, little news item I found was the temporary shutdown of Mokulele Airlines due to a… more
Kauai Yearly Sales Comparison (2000-2008)
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Having generated the data for "seasonal" variations in Kauai sales, I thought I'd take a look at what yearly sales look like for the period 2000 to 2008. We all know that sales are down nationwide and Kauai is no exception. The chart… more
What is the Kauai Busy Season For Closings?
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On the mainland, real estate sales typically perk up in the Spring after being relatively dormant during the Winter months. National data shows that the busy months for closings is the period of May through August with a peak in the months of June… more
Poipu Kauai Condo Sales
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This post of for my Kauai contacts seeking information on condo sales history in the Poiipu, Kauai area. Data has been extracted from our Kauai multiple list system and charted in Excel. The first chart is for "legacy condos". I use… more