Kauai Condo Market Update Febrauary 2025 Sales Up Prices Shifting

Kauai’s condominium market is continuing to climb out of the slump it experienced in 2024. The numbers are bouncing around a bit, but the overall trend we started seeing at the end of January is holding—condo sales are on the rise. Will this trend continue? We all hope so.

Now, let’s take a look at Kauai’s condominium sales at the end of February 2025 compared to the same time last year. With the exception of Lihue, sales are trending upward.

Island-wide, sales increased by 23.68%, jumping from 38 to 47.

The South Shore had a particularly strong month, with sales rising 70%, from 10 to 17 condos sold.

The North Shore saw an even slightly higher percentage increase of 71.43%, going from 7 to 12 sales.

Lihue, on the other hand, remained relatively steady, with a slight decline of -7.14%, from 14 to 13 condos sold.

When it comes to pricing trends, one of the best indicators is the percentage of the sold price compared to the original list price—before any price reductions were done because this tells us how much sellers had to adjust from their initial asking price.

For just the month of February 2025, that percentage came in at 94.73%, compared to 95.41% in February 2024.

Now, let’s break down the median price changes across the island. Island-wide, median prices are up 14.21%, rising from $788,000 last year to $900,000.

The South Shore saw an especially strong increase, up 27.51%, jumping from $950,500 to $1,212,000.

The North Shore, however, experienced a decline of 18.78%, with prices dropping from $1,470,000 to $1,194,000.

Lihue remained relatively stable, with a slight 1.96% decrease from $510,000 to $500,000.

That’s the latest on Kauai’s condo market!

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If you have any questions about buying or selling, feel free to reach out—I’m happy to help.

Aloha!
Lynda Gill RS Lic 63088
Hawaii Life
808.346.0056