Hawaii Real Estate Resource

head_left_image

Kauai Real Estate Market at Mid-Year 2018

Kauai Real Estate Market Overview

 

The Kauai real estate market is hot with many buyers struggling to find properties that meet their needs.  The supply of properties is very low relative to supply which is resulting in bidding wars.  All 5 Kauai regions are tight for those looking for condos.  For residential homes, it's only on Kauai's North Shore that is there an abu

ndance.  The chart below illustrates current conditions.  For reference, most consider a 6 month supply a balanced market with anything less trending toward a seller's market.  Clearly it's a seller's market big time throughout the island except for that one exception on the North Shore.

Kauai Absorption Rate July 2018

As shown, the Central Lihue area is extremely tight for both residential homes & condos.  It's an especially tough market for buyers here and even more so for those needing to finance who must compete with all-cash buyers.

 

In this market, it's important for buyers to work with an agent who knows the island well and can provide guidance.  A good reference can be found online at www.KauaiRocks.com.  Buyers are welcome to contact me directly for assistance.

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

Linked-in logo  Google+ Twitter icon Facebook logo Youtube logo

 

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 4 commentsRichard T. Dolbeare, R(B) • July 22 2018 05:28AM

Comments

Hello Richard, as a huge fan of Kauai and a former condo owner on the East Side, I enjoy following the market there. I like you chart, with the "awesome" to "ugly" labels. Nice job!

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 1 year ago

I really love your Very creative chart labeling. I enjoy reading your Market reports. Thanks and have a wonderful day. 

Posted by Joyce Marsh, Regal Christie's International Real Estate (Regal | Christie's International Real Estate) over 1 year ago

Thank you for taking the time to prepare and share this.  Very professional!  This is most informative and exactly the type of information buyers and sellers need to make informed decisions.

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) over 1 year ago

Thank you for keeping us posted and up to date. Have a great rest of the weekend!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) over 1 year ago

This blog does not allow anonymous comments