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.

๐Ÿ“Š 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)

๐Ÿ“‰ 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.

๐Ÿก 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.

๐Ÿข 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.

๐ŸŒ 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.

๐Ÿ”ฎ 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.

๐Ÿ“ข Stay Updated on the Kauai Market

  • Sign up for Kauai Market Alerts to stay ahead of trends!

  • Thinking about buying or selling? Letโ€™s discuss the best strategy for your goals.

๐Ÿ“ž Call Henry at 808-855-5133 for a free market consultation!

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Q4 2024 Kauai Real Estate Market Overview