Interest rates are still hovering in the upper 6% range and low inventory continues to hamper the Kauai real estate market. The number of home sales dropped by more than 40% last month compared to May of last year. Condo sales also slumped around 35% during that same time period. The median home price though inched up about 10% while the average condo price slid about 25%.

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The first half of 2023 has definitely been a challenge for the Kauai real estate market. What does this mean for your property? Contact us today at (808) 742-7110 to discuss all your Kauai real estate and Kauai property management needs.

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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 and Kauai property management needs.