Hawaii Real Estate Resource

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Kauai real estate prices appear to have turned a corner in 2009

The Kauai real estate market has been in sync with most of the nation as sales prices have been in decline since our market peaked in 2006.  Hints that we may be starting to stabilize are more pronounced now that complete data for 2009 is in.  The downward curve for residential sales prices is starting to break after hitting a low in the first quarter 2009.  This is a positive sign compared to my post with 3rd quarter data HERE.

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Kauai Residential Sales Chart

The 4th quarter 2009 residential median sales price was $480,000 with signs of an end to the free-fall

 

To complete the update of my earlier post, here is the data for condominiums and vacant land.

Kauai Condo Sales Chart

The 4th quarter 2009 condominium median sales price was $330,000 with signs of an end to the free-fall

 

Kauai Vacant Land Sales Chart

The 4th quarter 2009 vacant land median sales price was $271,000 also with signs of an end to the free-fall 

Aloha!

Search Kauai/Big Island | Search Maui | Email | About Me | Visit Website | Phone/Text (808) 651-4550Richard T. Dolbeare (RA), Keller Williams Realty logo

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Information herein is deemed reliable but has not been independently verified and is not guaranteed. Please consult with your real estate professional as part of any buy or sell decision.

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 6 commentsRichard T. Dolbeare • January 07 2010 12:49AM

Comments

You must be experiencing a huge amount of short sales. What a great time to buy in the area.

Posted by Ellie McIntire, Luxury service in Howard County & Catonsville (Ellicott City Clarksville Howard County Maryland Real Estate) over 8 years ago

Ah, you're in Howard County, what a great area. I lived in Anne Arundel for 35 years.

Residential and condo sales have nearly doubled from a year ago, another good sign.

Aloha!

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (KW Island Living) over 8 years ago

Richard,  I just wanted to let you know that your graphs look fantastic.  I am really impressed.  The photo in the background makes them so much more interesting than a normal graph and having your logo is a great idea.  The only thing missing is your phone number.

Posted by Gary Coles (International Referrals), Latin America Real Estate (Venture Realty International) over 8 years ago

Gary, Constructive suggestions are always welcomed, thanks.

aloha

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (KW Island Living) over 8 years ago

Looks like you run about a year behind us here in San Diego, both going up and coming down. We've had 17 consecutive months of increasing sales and 10 consecutive months of increasing or flat prices.

Posted by Jim Frimmer, Realtor & CDPE, Mission Valley specialist (HomeSmart Realty West) over 8 years ago

That's interesting Jim.  One of our local economists had said Hawaii was "in phase" with California this time whereas normally we lag by a year.  It sounds like we are lagging this time too.

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (KW Island Living) over 8 years ago

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