Our Kauai real estate absorption rate continues to move toward a balanced market although we're not there yet except for the Lihue condo market. There has been a huge improvement compared to a little over 2 years ago (see 2nd chart). Of course that is from a seller's perspective; for buyers it's time to act while there is still a significant tilt toward a buyer's market.
Back in 2009 practically the entire chart was red (awful for sellers but wonderful for buyers)
Aloha & best wishes!
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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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