Below you will find a sample of some Kauai relevant market statistics from Q3 ’15. If you’d like to explore the numbers a bit deeper, check out the Q3 Kauai Snapshot here: Kauai Snapshot.
If you focus on the Hanalei and Poipu districts of the Kauai Snapshot, you will see that it highlights a trend that while Hanalei has shown strong growth in both number of sales and sales volume, the Koloa market has given ground in both these metrics. With Hanalei and Koloa containing Kauai’s two luxury resort communities, the shift we observe in the data perhaps suggests a change in the average resort community Buyer’s preferences.
The long-term graphic below displays median sales prices for Q3 over the past 11 years and highlights the current strength in prices. Though median residential prices have not eclipsed pre-recession prices, we are approaching these levels on the North Shore, as well as island-wide.
Top Performing Sales Team
It is also with great thanks and pride, that we note Q3 2015 saw Neal’s sales crest the $100M sales volume threshold, more than $60M in sales ahead of Kauai’s #2 performing agent. We are humbled, and once again, we thank you for helping us continue to be the state’s top performing sales team.
All data in this blog is sourced from Hawaii Information Services.