Aloha from Princeville Kauai,
June 16 market activity fell 6% from June 15, posting 98 sales compared to the 104 from June 15.
These numbers are definite gains over June of 11 and 12 which had only 65 and 85 sales respectively, but pretty much hold steady for June 13 and 14 with 98 and 101 sales.
Condos were down 47% going from 42 sales in June 15 to 22 sales this past June. The big gain was in residential which jumped 34% going from 47 to 63 sales.
Year to date we are ahead by 8% with 529 sales so far, compared to 489 sales this same time last year. Once again, this is a big gain over June year to date 11 and 12 with 390 and 436 sales, but comparable to June 13 and 14 with 494 and 544 sales.
Sales volume is up 24% going from $67M for June 15 to $83M June 16. Year to date is also up by 14% posting $422M in sales so far. Last June was at $373M.
Median sales price for June 16 residential is up 21% at $690,999 while June 15’s median was $570K. Condos rose slightly, by 12%, going from $306,504 for June 15 to $344K for June 16. Land had an even bigger jump, posting $587,500 as the median for June 16 while June 15 was at $370K.
To see the full MLF statistical report as published by the Hawaii Information System, please click here where I post it on my website every month. If you are looking to buy or sell please text or email me to get the facts!
Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club
Princeville, HI 96722
Cell: 808 639 2935
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……Making your real estate dreams