Market Report

Buyer’s Market, seller’s market, flat market, up market, down market and many other terms are and have been used to describe real estate market conditions. I have experienced all of the above market conditions during my career in Real Estate on Kauai in my 26 plus years.

That said, I think we are now in a combination of all the above markets. Some of my listing have sold very quickly, and some have received just a few showings. Some unusual and rare properties have bucked the downward pressure and have held their value.

With interest rates still very low, and a good selection of new and existing properties available, most buyers looking for the “GOOD DEAL” are now finding real estate to be a good value and are taking advantage of the market to make their purchase.

Sellers who want to sell their properties need to evaluate the market-trends and their competition. Price has, and will continue to be the most critical factor in the sales process. One of the few exceptions to price is the one- of- a- kind property, which seems to hold their value and sell quicker than more common properties.

If you have questions regarding the purchase or sale of real estate on Kauai, or would like general information I invite you to contact me by email using the Inquiries & Contact link or by calling me at any of the phone numbers listed on this page.

Mahalo,

Drew Vento, Realtor GRI