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Kauai Market Continues to Tighten

As most in-the-trenches real estate agents will tell you, Kauai inventory is down and it's getting harder and harder for buyers to find their dream home.  The corellary is that it continues to be a hot market for sellers.  There is already a significant difference in Kauai absorption rates from those published at the end of March. The West Side increase is an anomoly likely caused by a small data size.  With the traditional definition of a balanced market of 6 months, clearly many areas are well into the Seller's Market territory.  Sellers take note, now is a great time to get your property listed.

 

Kauai Absorption Rate Chart

 

For comparison, here is the chart from just 2 1/2 months ago.

Kauai Absorption Rate Chart in March

 

Aloha!

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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Comment balloon 1 commentRichard T. Dolbeare • June 19 2013 10:38AM
Kauai Market Continues to Tighten
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As most in-the-trenches real estate agents will tell you, Kauai inventory is down and it's getting harder and harder for buyers to find their dream home. The corellary is that it continues to be a hot market for sellers. There is already a… more