Kauai Sales for January 2011 experienced a few highs and a few lows at the same time with homes sales for the first time reaching down to the unbelievable low $200,000 range for a single family home and two of the highest homes sales which have boosted higher end luxury home sales and investors confidence for Kauai up and into the $7.5M to $8.5M range.
Also there are some great loan program offered for some of the bank owned foreclosed homes and condos available for buyers to purchase a home or condo with as little as 3% down with minimal closing cost needed at closing.
January 2011 Vs. 2010 the number of Island wide home sales decreased by 6.45%, the median sales price increased by 12%
| Kauai home Sales Jan. 2010 vs. 2010 | |||||
| #Sales & $Median | |||||
| Neighborhood | 2010 | 2011 | 2010 2011 | ||
| Waimea | 1 | 4 | $ 371,000 | $ 263,950 | |
| Koloa | 9 | 6 | $375,000 | $ 568,100 | |
| Lihue | 7 | 4 | $ 375,000 | $ 414,500 | |
| Kawaihau | 8 | 8 | $ 345,000 | $ 377,500 | |
| Hanalei | 6 | 8 | $ 447,500 | $ 377,500 | |
| Island of Kauai | 31 | 29 | $ 375,000 | $ 420,000 | |
January 2011 The number of Condo sales volume increased 42.86% and the median sales price decreased 10.22%
| Kauai Condo Sales Jan. 2010 vs. 2010 | |||||
| #Sales & $Median | |||||
| Neighborhood | 2010 | 2011 | 2010 2011 | ||
| Waimea | 0 | 0 | $ 0 | $ 0 | |
| Koloa | 3 | 3 | $ 345,000 | $ 475,000 | |
| Lihue | 6 | 8 | $ 150,000 | $ 197,505 | |
| Kawaihau | 2 | 4 | $ 263,400 | $ 232,500 | |
| Hanalei | 3 | 5 | $ 735,000 | $ 342,500 | |
| Island of Kauai | 14 | 20 | $ 335,000 | $ 300,750 | |
Information on January 2011 sales on the island of Kauai was provided by Russell Tucker
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