May 7, 2010
2010 April Kauai Market Update
It is a good time to be a Buyer with lower home prices and exceptionally low interests rates you can’t go wrong. If you are looking to purchase Now Is The Time, the market is starting to move in an upward trend and Buyers have become more aggressive knowing that the market has reached a low point.
For April 2010 Vs. 2009 the number of Island wide home sales increased by 9.52%, the median sales price decreased 15.45%
| Kauai home Sales April 2009 vs. 2010 | |||||
| #Sales & $Median | |||||
| Neighborhood | 2009 | 2010 | 2009 2010 | ||
| Waimea | 1 | 3 | $ 4750,000 | $ 430,000 | |
| Koloa | 12 | 7 | $ 525,000 | $ 1,125,000 | |
| Lihue | 2 | 1 | $ 505,000 | $ 450,000 | |
| Kawaihau | 4 | 7 | $ 531,500 | $ 405,000 | |
| Hanalei | 2 | 5 | $ 534,500 | $ 905,000 | |
| Island of Kauai | 21 | 23 | $ 550,000 | $ 465,000 | |
April 2010 Condos number of sales increased 114.3% and the median sales price increased 44.6%
| Kauai Condo Sales April 2009 vs. 2010 | |||||
| #Sales & $Median | |||||
| Neighborhood | 2009 | 2010 | 2009 2010 | ||
| Waimea | 0 | 0 | $ 0 | $ 0 | |
| Koloa | 3 | 4 | $ 192,000 | $ 672,500 | |
| Lihue | 6 | 10 | $ 193,541 | $ 162,000 | |
| Kawaihau | 1 | 9 | $ 925,000 | $ 647,000 | |
| Hanalei | 4 | 7 | $ 837,500 | $ 422,500 | |
| Island of Kauai | 14 | 30 | $220,000 | $ 315,000 | |
Information on April 2010 sales on the island of Kauai was provided by Russell Tucker
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