Monday, December 5, 2011

Home sales and prices up on Kauai for the month of November

On an article by Pacific Business News, homes sales and prices are up on Kauai for the month of November. This according to Hawaii Information Service's statistics.

Single family homes saw a small rise from 40 home sales in November of 2010 to 43 home sales in November of 2011. Prices was up 5% from $452,500 of last year to $475,000 this November.

It was a different story for condo sales. Condo sales remained relatively flat and sideways at 21 sales while prices seen a decrease of 34% from $325,000 in November of last year to $215,000 this year.

The year-to-date sales show an increase of 7% while the median prices were down 9% for Single Famliy homes.

Condo year-to-date sales were higher by 18% while median prices were down by 18%.

Kengo Ueno (R)

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