The Kauai real estate market continues its downward trend following the relatively high interests rates and pricing that is keeping many buyers and sellers out of the market. The number of single-family home sales dropped by about 15% compared to June of last year. Condo sales saw a bigger slump and fell about 40% compared to the same month in 2022. The median sales price for homes slid by roughly 30% while condos saw a slight bump around 7%.

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The market continues to struggle without any real relief in sight. However, there are still people out there looking to buy and sell property. Is this the right time for you to jump in to the Kauai real estate market? What are the pros and cons that you'll face in these turbulent times? Contact Taba Realty & Development, LLC at (808) 742-7110 and we can discuss your options.

‍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 and Kauai property management needs.