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Sales Data for Kauai & Maui--April 2010

Kauai and Maui year-to-date real estate sales statistics through April 2010 compared to the same period in 2009 show a marked increase in the number of sales on both islands but mixed results on price.  While Kauai prices were up substantially (flat for residential) Maui saw large price decreases in all categories.  Clearly the 2 islands are not in sync on prices.  The data is shown in the tables below.

This continues to be an unprecedented opportunity for buyers who have cash or access to financing.  Mortgage rates themselves continue to be most favorable to borrowers but this may not last.

This Month's Update

Year-to-Date Median Sales Price (April 2010)

Type Kauai % Change   Maui % Change
Residential $472,000 -1%   $470,276 -9%
Condominiums $287,500 +21%   $434,000 -36%
Vacant Land $295,000 +27%   $520,000 -40%

 

Year-to-Date Number of Sales (April 2010)

Type Kauai % Change   Maui % Change
Residential  113 +69%    262 +53%
Condominiums  71 +73%    451 +50%
Vacant Land  33 +50%    46 +35%


[Data extracted from Kauai and Maui multiple list reports. Data is deemed reliable but is not guaranteed-please consult with your real estate professional. There may be differing opinions and interpretations of the data.]

Aloha & Mahalo!

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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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 10 commentsRichard T. Dolbeare • May 22 2010 06:02PM

Comments

Hi Richard:

WOW...look at those numbers.

Sounds like the Kauai & Maui markets are doing well this year.

Posted by Toula Rosebrock, Broker/Sales Associate, Realtor, Lacey Township, (Diane Turton, Realtors, Forked River, NJ) about 8 years ago

Hi Toula.  Much improved in number of sales but Maui needs prices to stabilize.

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

It's great sales have picked up. It's a sure sign of an improving economy.

Posted by Julie A. Black, CLHMS, CRS, GRI, Realtor, Broker (KAUAI DREAMS REALTY Kauai Real Property Specialist) about 8 years ago

Hi Julie.  Thanks for stopping by and have a great week!

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

That's what I keep telling everyone... NOW is a good time to buy on Maui.  These low prices won't stay around forever.

Posted by Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info (Hawai'i Life Real Estate Brokers) about 8 years ago

Hi Georgina.  You and I know the time is right!

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

Richard good to here things are improving.  There are certainly many reason to buy now the opportunity won't last forever.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) about 8 years ago

Hi Jennifer.  Thanks for stopping by and best wishes to you.  Aloha

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

I wish I had a little extra tucked away so I could buy a little place in the islands.......

Posted by Ann Allen Hoover, CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL (RE/MAX Advantage South) about 8 years ago

Hi Ann.  Maybe a little vacation would be good instead?  Tourism is our #1 business in Hawaii and we need help!

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

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