With interest loan rates being at an all time low and cheaper home prices many buyers are finding themselves competing with multiple offers being submitted on properties. If you are looking for a property to purchase in the future make sure you are looking right now to find the perfect opportunity.

For June 2010 Vs. 2009 the number of Island wide home sales increased by 80.95%,  the median sales price decreased 15.35%

Kauai home Sales June 2009 vs. 2010
  #Sales & $Median
Neighborhood 2009 2010 2009 2010
Waimea 3 2 $ 341,000 $ 457,500  
Koloa 4 10 $ 684,500 $ 427,500  
Lihue 3 4 $ 390,000 $ 424,000  
Kawaihau 2 13 $ 370,500 $ 580,000  
Hanalei 9 9 $ 608,000 $ 962,000
Island of Kauai 21 38 $ 440,000 $ 507,000

June 2010  The number of Condo sales increased 50% and the median sales price decreased 20.54%

Kauai Condo Sales June 2009 vs. 2010
  #Sales & $Median
Neighborhood 2009 2010 2009  2010
Waimea 0 0 $ 0 $ 0  
Koloa 1 3 $ 599,000 $ 200,000  
Lihue 8 5 $ 160,000 $ 334,900  
Kawaihau 1 9 $ 105,000 $ 158,000  
Hanalei 6 7 $ 575,080 $ 400,000
Island of Kauai 16 24 $ 367,500 $ 292,000

In Summary with low prices, more inventory and historic low interest rates many buyers are coming out an taking advantage of this incredible market of owning real estate in Kauai.

Information on June 2010 sales on the island of Kauai was provided by Russell Tucker