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.
📊 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) 
📉 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. 
🏡 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. 
🏢 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. 
🌍 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. 
🔮 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. 
📢 Stay Updated on the Kauai Market
- Sign up for Kauai Market Alerts to stay ahead of trends! 
- Thinking about buying or selling? Let’s discuss the best strategy for your goals. 
📞 Call Henry at 808-855-5133 for a free market consultation!
