Aloha Friday! Just got the latest statistics for the Kauai market and wanted to share.
The Kauai real estate market: I can describe it in one word… moving! Almost double the transactions from last year at this time and 2.5 times the volume. Home prices are inching up, condos are cool and the overall number of sales is just exploding. We’ve seen a couple of multiple offer situations recently on prime properties like homes on the rim in Wailua and new construction homes.
Vacation Rentals: Condos in Princeville are getting money poured into them, seems like several units in each of the complexes on the bluffs in Princeville are getting updates. Occupancy for vacation rentals is high and prices are inching up. Our Kapaa vacation rentals are also chock full of happy guests. If you are coming out here to look at property don’t forget to check out PrincevilleVacationRentals.com and ask for Kama’aina rate.
Hot Market and Warm Weather: While it may be getting cold on the mainland, remember that it’s still in the 80’s on Kauai! Come out and hang for the holidays. Recharge your vitamin D and get some ALOHA!