Market Update Jamie Friedman February 19, 2024
Here's your Monday Market Update for Kauai Real Estate as of February 19, 2024.
This market update is all about the number of Kauai's real estate listings, escrows and sales in the past 30 days.
Active listings (homes, land, and condos), today we have a total of 319.
Of those, there are 122 ⬆ homes, 92 ⬇ condos and 105 ⬇ land listings on MLS today
There are 212 ⬆ listings in escrow (contingent and under contract status) 61 ⬆ homes, 132 ⬆ condos, and 20 ⬆ land listings
*it is worth mentioning that 89 of the contingent listings are in 1 new development on the South Shore Kauanoe O Koloa
In the past month (since January 20)….
57 ⬆ listings SOLD/CLOSED: 28 ⬆ residential, 19 ⬆ condo, and 10 ⬆ land listings
In the January 2024 statistics summary courtesy of Old Republic (see below)
In the summary overview of January 2024 as compared with January 2023
The median sales price has gone up for all categories: homes, land and condos
The number of sales has gone up for homes but went down for condos and land
The number of new active listings went up for homes and condos but down by 1 for land
The sales volume has gone up for homes, land, and condos.
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