Kauai real estate sales have increased from the 2009 lows when measured in number of sales. That "fishhook" in 2010 appears to be real and a good sign. Prices are a different story as shown in the other charts. There appears to be an ongoing recovery in residential (detached homes) and vacant land sales but condominiums remain in decline. Charts are a measure of what is selling and not necessarily increases or decreases in value of a particular property. This is especially true for condos where expensive resort condos have fallen out of favor while residential condos which have lower prices continue to sell.
Number of Kauai real estate sales:
Average price of Kauai residential home sales:
Average price of Kauai condominium sales:
Average price of Kauai vacant land sales:
Aloha & best wishes for the upcoming holidays!