June 2023 and June 2022 monthly comparison reveals that the number of Kauai home sales in June 2023 decreased by 14% compared to June 2022 home sales. June 2023 Kauai land sales remained the same compared to June 2022 land sales. June 2023 Kauai condo sales decreased by 39% compared to June 2022 condo sales. The demand for Kauai properties are greater than the amount of real estate inventory available, thus Kauai’s real estate prices remain high, despite the uptick in mortgage rates.
Kauai real property sales for June 2023 are reflected in the graph above. 36 Kauai residential homes, 7 vacant Kauai land properties, and 27 Kauai condos were sold on the island of Kauai, totaling 70 transactions, for the month of June 2023. The Koloa and Hanalei districts led sales with 21 transactions each, followed by Kapaa with 15 transaction, followed by Lihue with 10 transactions and Waimea with 3 transactions.
Team Mira had 5 transactions of the 70 sold properties in June. There are 591 active Kauai realtors as of June 2023.