January 2025 Kauai Real Estate Market Overview
Market Snapshot: January 2025
The start of 2025 saw a stable Kauai real estate market, with modest sales growth and varying price adjustments across property types. While single-family home prices dipped slightly, condominium and land sales remained active.
๐ Key Metrics for January 2025
Total Sales Volume: $115.4M (January 2024: $107.2M)
Total Sales Transactions: 71 (January 2024: 56)
Median Single-Family Home Price: $1,325,000 (January 2024: $1,411,500)
Median Condominium Price: $815,500 (January 2024: $992,500)
Median Land Price: $1,325,000 (January 2024: $1,046,855)
๐ Year-Over-Year Market Observations
Sales volume increased, reflecting an overall rise in market activity.
Single-family home prices adjusted downward, showing potential buying opportunities.
Condo prices saw a modest decrease, while land prices climbed higher.
๐ก Single-Family Homes Market Trends
The median price dipped to $1.32M, reflecting shifting demand.
Sales volume remained steady, with mid-tier homes seeing consistent activity.
Higher-priced homes took longer to sell compared to entry-level properties.
๐ข Condominium Market Trends
Median condo prices adjusted to $815K, showing a more balanced market.
Vacation rental-friendly properties remained attractive to investment buyers.
Resale activity varied by development, with some areas seeing more movement.
๐ Land Sales & Development Trends
Median land prices rose to $1.32M, reflecting limited available inventory.
Some buyers sought land purchases as an alternative to high-priced homes.
๐ฎ Outlook for February 2025
Looking ahead, market conditions will likely be influenced by:
Seasonal Market Activity: The first quarter typically sees steady buyer interest.
Inventory & Listings: More new listings could impact pricing trends.
Short-Term Rental Market Trends: STR demand and regulations may influence condo activity.
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