MLS stats
and information from Hawaii Information Services on the morning of November 6,
2023.
Active
listings (homes, land, and condos), today we have a total of 313 ⬇
(down from last week).
Of those, there are 121 ⬇ homes, 86 ⬆ condos and
106 = land listings on MLS today In Escrow there are 172 ⬇ listings (contingent and under
contract status)
Of those, there
were 55 ⬇homes, 97 ⬇ condos, and 21 ⬇
land listings SOLD/CLOSED In the past month (since October 7) a total of 57 ⬆
listings
Of those, there
were 23 ⬆ residential, 23 ⬆ condo, and 11 ⬆
land listings
Listing
activity update
New Listings = 85
in the past 30 days
Back on Market:
12 listings – this means they either fell out of escrow or were removed from
the market for various reasons then re-released
In Escrow: 46
listings went contingent; 3 went under contract
SOLD/CLOSED: 60
listings
ADDITIONAL
LISTING CHANGES
3 listings
expired
18 were
withdrawn
2 changed to
temporarily off market
PREVIEW
STATUS (aka coming soon): 4 listings
PRICE
CHANGES: There were 55 price changes in the past 30 days, all of which were
price reductions.
The total
number of listings, also known as inventory, continues to hover just over 300. Many
listings are still coming out of the gate too high for this newer market of
fewer buyers. This has resulted in a high rate of price changes and longer days on the
market. Despite that, the total number of sales closed in the past 30 days has trended
up slightly as compared with my prior update.
For more
information about the market or for an analysis specific to a Kauai property,
please contact me.
Monday Market UPdate for Kauai Real Estate. Number of homes,
land, and condos for sale, number of properties in escrow, number of sales over
the past month. Jamie Friedman, Real Estate Agent, Kauai, Hawaii
New Video! Today let's get to know about Plantation Hale Condos on the Garden Island of Kauai. Thinking of buying or selling Kauai property? Call text or email today! or visit my website: https://onornearthebeach.com/
