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Kauai & Maui November Sales Information

November sales statistics from the Kauai & Maui MLS systems have been released and are presented in the tables below.  Median sales prices on the two islands continue to be similar except for vacant land which jumped substantially on Maui.  The number of sales on Maui are substantially higher (except for vacant land) and exceeds what one would expect solely on the population ratio of 2.2 to 1.  Prices on the two islands continue to hold up fairly well (and in some cases are up) although the number of sales have taken a huge hit.

Keep in mind that the data is as reported by agents and reflects what has sold.  This is not the same as the change in value of an individual property.  Data is deemed reliable but is not guaranteed and should not be relied on for buying or selling decisions.

Median Sales Price (Year-To-Date November 2008)

Type Kauai Maui
Single Family Homes $625,000 (down 4%) $579,000 (down 9%)
Condos $542,500 (down 6%) $550,000 (no change)
Land $500,000 (down 18%) $700,000 (up 25%)

 

Number of Sales (Year-To-Date November 2008) 

Type Kauai Maui
Single Family Homes 265 (down 30%) 852 (down 19%)
Condos 160 (down 43%) 752(down 32%)
Land 113 (down 37%) 95 (down 55%)

Aloha!

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Richard Dolbeare (RA)

 Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

Visit www.KauaiRocks.com for Hawaii real estate information

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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 2 commentsRichard T. Dolbeare • December 09 2008 11:08AM

Comments

Hi Richard: I've been really busy and haven't had time to read your wonderful posts lately. I'm catching up today. The number of sales for Kauai seems to be what I am seeing but I'm surprised the Median sales price hasn't dropped further. Good for Kauai! Aloha Julie

Posted by Julie A. Black, CLHMS, CRS, GRI, Realtor, Broker (KAUAI DREAMS REALTY Kauai Real Property Specialist) about 10 years ago

Hi Julie - I missed seeing your comments and am glad you're back.  May we all have a busy 2009!

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) almost 10 years ago

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