Friday, March 5, 2010

Kauai & Koloa Real Estate 2008 & 2009

Graph doc

The decrease in median prices from 2008 to 2009, for Koloa residential properties, were significant enough to boost sales in 2009.

Vacant land sales did not follow suit due to many prospective buyer's inability to secure bank land loans. Most land purchases were made in cash.

Koloa condominium median prices and sales volumes seem to remain basically unaffected
by the effects of the economy.