Kauai Real Estate 2016 Verses 2017 Market Review

Kauai Real Estate SOLD and NEW listings Island Wide! Add comments

Happy New Year!

I’ve been excited to write about our year-end numbers compared to last year and with the ending of 2017 the final numbers are in.

I first checked out my personal year-end sales numbers and I came in #4 island wide in the most number of sales (excluding project sales) for 2017. And it got even better: out of all the agents on the island of Kauai 3 of us from RE/MAX Kauai Living were in the top 10!  Mahalo to my clients and my fellow RE/MAX Kauai Living agents and support crew. I’m beyond excited about this and your all a part of it.

Poipu Beach Fee Simple properties came out a big winner for the number of sales also. Looking at the graph below we see that the number of Homes and Condominiums are up and the number of land sales jumped up over 100%. To get a complete market analysis for the year 2017 click here: Poipu Beach Fee Simple Year End Review

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Kiahuna Plantation also came out a winner in the number of sales. Albeit the prices are on the low side, the number of properties sold will help to push those up. Last year we sold a total of 20 condos and this year we sold a total of 33!! To get a 2017 market analysis of this resort click here: Kiahuna Plantation 2017 Year End Review

Kauai Real Estate 2017 Market Review

Island wide for the total number of properties sold we saw a modest increase of 11.90%. The total number of sales island wide at year-end 2016 was 1109 and in 2017 we came in at 1241 and increase of 132 properties.

Across the island the Median Price for residential homes rose, the North Shore was up 1.32% and the Waimea/Kekaha area was up 10.67%. The Median Price for a condominium fluctuated dramatically, on the South Shore we’re up 8.05% but the Kapaa side was down -33.50%. Median Price for Land jumped up and down district by district! Island wide it was down -2.98%.

Contact me to find out how this information relates to the area of real estate that you are interested in!

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