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Kauai

Kauai Condominium Real Estate Sales January 2024

Is the trend of home sales increasing first before condominium sales do starting all over again? I’m thinking that’s exactly what is happening and here’s why: with higher interest rates, the housing inventory started backing up a bit and the days on market increased. The Feds meeting in December was the third time in a row that interest rates did not get touched and we got the news of a possible decrease in interest rates sometime in 2024.

The real estate activity on Kauai noticeably picked up in December and for the first time in a while the number of home sales were up across the board. Condominium sales remained lower than last year but the prices were up with the exception of the South Shore.

For an update on Home Sales on Kauai for the month of January 2024 vs 2023 click here: Kauai Home Sales Statistics

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Lynda Gill RS Lic. #63088
Hawai’I Life Real Estate Brokers 808.346.0056
LyndaGill@HawaiiLife.com

Posted on in Condos, Hawaii Island, Kauai, Market Intelligence, Market Trends, , , , , ,

Lynda Gill
About the Author

Lynda Gill

Lynda Gill is a Realtor Salesperson with Hawai'i Life. I have close to two decades of experience as a top-producing real estate agent on Kauai, where I’ve lived since 2004. I specialize in residential, relocation, and resort property sales in Poipu Beach, Lawai, Omao and Kalaheo, on the island’s South Side. Over the course of my career, I’m proud to have earned accolades and designations, including being recognized as a top performer by Hawaii Business Magazine. But what really drives me is helping my clients with one of the most significant events in their lives. There is nothing quite as satisfying as helping clients achieve their financial goals or seeing their eyes light up when the right property comes along. You can email me at lyndagill@hawaiilife.com or via phone at (808) 346-0056.

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