Kauai Real Estate Market Update: 2023 vs. 2024 | Home Sales and Prices Rise!
Aloha! 🌺 In this Kauai real estate market update, we’re diving into the first 9 months of 2024 and comparing it to 2023 to see how home sales and prices have evolved across the island. 🏡
Here’s what we’re covering:
- Island-Wide Home Sales: Up by 37.86% from 2023 to 2024.
- South Shore Sales Surge: A massive 85.42% increase in sales year over year.
- North Shore Boom: Sales have doubled with a 50% increase.
- Pricing Trends: The median price on Kauai is now $1.4 million, up 21.74% from 2023. South Shore saw a 25% increase, while the North Shore rose by 7.69%.
Plus, a look at just the month of September 2024s vs September 2023 sales and market conditions:
- Sales are up from 16 to 26 homes.
- Days on market increased from 58 to 90.
- Sold-to-list-price ratio dropped to 89.62% from last year’s 93.69%.
Make sure to subscribe for more monthly market insights on Kauai’s housing trends. Sign up now at https://conta.cc/3scxsX4. For any questions, feel free to contact me.
Lynda Gill RS Lic. #63088
Hawai’I Life Real Estate Brokers
808.346.0056
LyndaGill@HawaiiLife.com
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