Hawaii Real Estate Resource

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Kauai Absorption Rate Very Dependent on Island Zone

There have been huge improvements in Kauai's absorption rate in 2010.  At mid-year, 3 of our 5 zones are moving out of the red zone from "not pretty" to troublesome, a welcome improvement.  Still pretty ugly are the South and North Shores which are big resort areas.  Homes on the South Shore are not bad but condos need help.  The North Shore still has issues with both homes and condos.

Mid-Year Update

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Kauai Absorption Rate Chart

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 5 commentsRichard T. Dolbeare • July 09 2010 03:24PM

Comments

Wow the south shore appears to have a surplus inventory of condos.

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

Hi Julie.  Yes, as you know most are resort condos and sales of those lag way behind the rest.

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) over 8 years ago

So you have categories like "not pretty," "ugly," and "troublesome"? How funny.

Our market here seems to be in year two of a recovery. Only the very high end homes are lagging, but they usually are 12-24 months behind the general market anyway.

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

Hi Jim.  I wish I could take credit for the terms but they came from Business Week.  High end lags here too.

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) over 8 years ago

Richard, we have years worth of inventory on waterfront in some areas and for condos. Other areas are under 12 months, but nothing under 6 months that I have seen.

Posted by Sharon Alters, Realtor - Homes for Sale Fleming Island FL (Coldwell Banker Vanguard Realty - 904-673-2308) over 8 years ago

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