The coronavirus continues to have an impact on Kauai’ real estate market. The number of single-family home sales plummeted by more than 35% last month compared to July of 2019. Condo sales also dropped by roughly 30% during that same time period. However, median sales prices for homes jumped more than 25% with an average sales price of $813,750.
While the market remains fluid, the bright side is that interest rates are at historic lows. Let us know how we can assist you with all your Kauai real estate and property management needs. Call us at (808) 742-7110 and let us help you navigate these turbulent times.
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. Please 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 of your Kauai real estate needs.