July 3, 2009
June 2009 Kauai Real Estate Market Update
June 2009 compared to 2008 Kauai homes saw a decrease in volume of sale of 25% and a decrease in the median price range of 27%.
| Kauai home Sales June 2008 vs. 2009 | |||||
| #Sales & $Median | |||||
| Neighborhood | 2008 | 2009 | 2008 2009 | ||
| Waimea | 1 | 3 | $ 352,500 | $ 341,000 | |
| Koloa | 9 | 4 | $ 900,000 | $ 684,500 | |
| Lihue | 3 | 3 | $ 410,000 | $ 390,000 | |
| Kawaihau | 8 | 2 | $ 467,500 | $ 370,000 | |
| Hanalei | 7 | 9 | $ 900,000 | $ 608,050 | |
| Island of Kauai | 28 | 21 | $ 705,000 | $ 600,000 | |
June 2009 compared to 2008 Kauai Condos saw a decrease in volume of sale of 37.5% and a decrease in the median price range of 46%
| Kauai Condo Sales June 2008 vs. 2009 | |||||
| #Sales & $Median | |||||
| Neighborhood | 2008 | 2009 | 2008 2009 | ||
| Waimea | 0 | 0 | $ 0 | $ 0 | |
| Koloa | 4 | 1 | $ 782,000 | $ 599,000 | |
| Lihue | 5 | 7 | $ 240,000 | $ 185,000 | |
| Kawaihau | 2 | 1 | $ 380,000 | $ 105,000 | |
| Hanalei | 13 | 6 | $ 830,380 | $ 575,000 | |
| Island of Kauai | 24 | 15 | $ 695,000 | $ 375,000 | |
Information on June sales on the island of Kauai was provided by Russell Tucker
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Hawaii Realty International