Kauai Real Estate sales activity for the first quarter 2016 shows a systemic overall increase in sales volume of 11.77% or 17.2% increase in number of individual sales.
According to Hawaii Information Service, Kauai’s Multiple Listing Service provider, Kauai sales volume through March 31, 2016, reached $215,119,098. By property type, vacant land sales lead the way spiking just above 80%, followed by condominiums at 20% and residential sales island wide relatively flat. View details: 2015-2016Q1Stats
Looking ahead there are 334 currently active listings as of this writing, 199 single family homes in escrow, and a total of 301 residential closed sales through the end of the first quarter. This represents approximately five months of inventory on the market indicating a healthy balance in our real estate marketplace.