The Kauai real estate market continues its shift as interest rates and prices remain high. The sales of single-family homes dropped by nearly 40% last month compared to October of last year. Condo sales also saw a decrease of roughly 15%. The median sales price stayed relatively the same for both homes and condos during that same time period.
We've been seeing less new inventory hitting the market and prices starting to level out or even having price reductions due to the changing market. What does that mean for you? Contact us today at (808) 742-7110 with all your Kauai real estate and Kauai property management questions.
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. 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 your Kauai real estate needs.