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Kauai sees big increase in home sales


Feb 05th 2010
Posted By: drew missman @ 11:54pm In: Real Estate

view original article here

Sales of single-family homes on Kauai in January increased three-fold, while the number of condominiums sold doubled.

There were 31 single-family homes sold on Kauai last month, more than three times the 10 houses that were sold in January 2009, according to Hawaii Information Service.

There were 14 condos sold in January, twice as many sales as in the same month in 2009.

Prices didn’t fare as well as sales, however.

The median price of a single-family home on the Garden Isle in January was $375,000, a 20 percent drop from $466,785 in January 2009.

And the median price of a condo last month was $204,500, a 19 percent drop from $254,000 in January 2009.



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