About This Kauai Real Estate Market Report February 2015
Every month I provide a detailed update regarding current market activity in the Kauai real estate market, taking an in-depth look at recent residential, condominium and vacant land sales statistics and comparing them to both the recent twelve-month period and to activity of each of the past 9 years (since the peak of the market in 2006). Note that these statistics, shown below, are reporting Kauai real estate market activity for the entire island of Kauai. If you are interested in receiving the same type of information for a more specific region of the island (i.e. North Shore, Coconut Coast, East Side, South Shore or West Side), those reports are readily available and can easily be provided to you – simply CONTACT ME DIRECTLY to request them.
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February Activity in a Nutshell
In a year-over-year comparison, February of 2015 saw a substantial increase in sales volume in all regions of Kauai except for Waimea, despite an overall reduction in the number of sales. A total of $52.3 Million in sales occurred in February, 67.3% of which is attributable to sales of single family homes, and 69.9% of which took place in in the East Side (Kawaihau) and North Shore (Hanalei) markets. Median sales prices for all product types continue on an upward trend in almost all regions across the island.
Current, Trailing-Twelve-Month & Year-Over-Year Analyses:
Historical Analyses: 9-Year Market Trends: