Hawaii Real Estate Resource

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Kauai Absorption Rate at Mid-Year 2016

Absorption rate (how many months of active inventory) is a market health indicator where 6 months is typically viewed as a balanced market.  Current Kauai data shows a sluggish market in the South Shore and North Side areas while the Central area (Lihue) is quite a hot market.  The residential (and remote) West Side is also sluggish while the East Side is OK for homes while somewhat problematic for condos.  

 

My interpretation of this data is that the resort areas are troublesome while the residential areas are hot.  That's because the North and South areas are big resort areas on Kauai while Lihue is mainly residential.  Kapaa is unique with many residential homes plus multiple resort condos.  

Kauai Absorption Rate Chart

 

Comments and other interpretions are encouraged.

 

Aloha!

Richard T. Dolbeare, R(B) photo

Richard T. Dolbeare, R(B), HI LIc. # RB-20941
145 N Kihei Road Suite A, Kihei, HI 96753
(808) 651-4550 | Aloha@eXp808.com
MauiSandCastles.comKauaiRocks.com
Hawaii multi-island specialist, Maui & Kauai

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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

Comment balloon 1 commentRichard T. Dolbeare, R(B) • July 31 2016 12:23PM

Comments

Hi Richard T. Dolbeare!

Thanks for an interesting report for the Kaui real estate market!

We like your writing style!

We wish you great success with your blog posts and networking with other members of Active Rain!

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