Kauai inventory continues to decline and move toward a more balanced market. Associated with this is increased difficulty in finding a home for buyers. Also observed are increased occurrences of competiting offers. The 2 charts below show large differences in today's market compared to last year. Note that last year the chart had to go up to 60 months to encompass all the data; now it only need go to 24. Last year, most areas were in ar near the red zone while now most are below that.
Buyers should not delay any further in making their purchase decisions.
eXp Realty is a nationwide cloud-based brokerage licensed in Hawaii as follows:
eXp Realty, Lic. # RB-21841, 500 Ala Moana Blvd Ste 400, Honolulu, HI 96813