Monthly Archives: April 2019

Kauai single-family home price drops as condo prices jump 18%

By  – Real Estate Editor, Pacific Business News
Updated

The median price of a single-family home on Kauai fell 17 percent last month as the number of homes dropped by more than 50 percent, compared to a year ago, while the median price of a Garden Island condominium rose by 18 percent despite fewer sales, according to statistics from Hawaii Information Service on behalf of Kauai Island Realtors.

The median price of a single-family home on Kauai in March was $629,900, which was a decline of 16.9 percent from $758,000 during the same month last year.

That was based on sales of 29 homes, which was a drop of 54.69 percent from 64 homes sold in March 2018.

The median price of a condo on Kauai in March was $521,750, which was an increase of 18.18 percent from $441,500 last year. That was based on sales of 34 units, a drop of 22.73 percent from 44 units sold in March 2018.