Kauai real estate sales continues to grow after with major setbacks in 2001 and 2007. Sales bounced back quickly after the 9/11 attack but it has taken longer after the economic collapse. In fact, sales still are not back to the frienzied levels which peaked in 2006 during the housing bubble.
The chart below shows not only total sales by year going back to 1994 but also the sales by price group. On Kauai, the $1/4 million to $1/2 million group is the largest. The 2015 condominium median sales price was in this band at $370,000 while single family homes were a little above at $613,500.
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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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