The Kauai real estate market continues to limp along in the new year with the number of single-family homes sales dropping by more than 50% compared to March of 2022. The number of condo sales also took a hit by 25%. While the median sales price of homes stayed above $1,000,000 last month, it still decreased by about 15% from that same month last year.

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The low inventory and relatively high interest rates continues to control the market and we've definitely seen a slump since the frenzy over the past couple years with no clear end in sight. What does the market readjustment mean for you? Contact us today at (808) 742-7110 and let us help you with all your Kauai real estate and Kauai property management needs and inquiries.

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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 needs and Kauai property management needs.