After the election, and capitalizing on slow December activity, Buyers started taking advantage of the Kauai condominium market and the numbers show it. Last year was rocky for condominiums as they struggled to find their footing with rising insurance costs for 2025 along with making up for insurance shortfalls for 2024. This seems to have worked itself out. Seeing good prices, and a larger amount of inventory, January numbers are showing the buyer activity after the election and for the month of December.
Here are the highlights:
Kauai Condo Sales (January 2024 vs. January 2025):
Island-Wide: 16 → 30 (+87.50%)
South Shore: 4 → 9 (+125%)
North Shore: 4 → 10 (+150%)
Lihue: 5 → 8 (+60%)
This shows strong Buyer activity and those Buyers who pulled the trigger at the end of last year got good prices as we see the Sold price to the original list price went from 95.50% to 93.70%.
Kauai Condo Median Prices:
Island-Wide: $992,500 → $815,500 (-17.83%)
South Shore: $985,500 → $1,300,000 (+31.91%)
North Shore: $1,432,500 → $1,225,000 (-14.49%)
Lihue: $429,900 → $502,500 (+16.89%)
The Kauai condominium market has not passed you by, we’re not going to be able to turn last year around in one month but I’ll tell you, I’m seeing a higher level of activity and that will show up in next months video.
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Aloha!
Lynda Gill RS Lic 63088
Hawaii Life
808.346.0056
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