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August '22 Kauai Real Estate Statistics

September 13, 2022

The shifting Kauai real estate market continues to cool down as interest rates hover around 6% leading to less affordability for potential homebuyers. The number of single-family home sales dropped by nearly 40% last month compared to August of 2021. Condo sales also saw a decline of roughly 25% during that same time period. However, median sales prices saw a slight uptick with home prices increasing by about 5% and condos around 4%.

So what does this mean for buyers and sellers while the market adjusts? Contact Taba Realty at (808) 742-7110 and we can assist you with all your Kauai real estate and Kauai property management needs.

Taba Realty & Development, LLC is a full service Kauai real estate company that offers assistance with buying and selling Kauai real estate and also assisting owners with their Kauai property management needs. Please contact us at (808) 742-7110 should you have any questions in regards to our services. You will discover why Taba Realty is the premium choice for all of your Kauai real estate needs.