Kauai Condo Prices Skyrocket
Kauai Condo Prices Skyrocket
(Lihue) -- Condo prices have skyrocketed on Kauai and are now higher than single-family homes. The median price of a condo on the Garden Island rose 85 percent between February 2003 and last month.
It's now 420-thousand-dollars.
That's ten-thousand-dollars higher than the average single-family home on Kauai. Home prices rose 29 percent in the last year. Elsewhere on the neighbor islands, changes in property prices were less marked.
Maui County condo prices were down one percent from last February, to an average of just over 257-thousand-dollars. Home prices in Maui County were up 38 percent to 550-thousand-dollars. On the Big Island, condo resale prices were up 38 percent, to 195-thousand-dollars. And median home prices were up 19 percent to nearly 263-thousand-dollars. "
(Lihue) -- Condo prices have skyrocketed on Kauai and are now higher than single-family homes. The median price of a condo on the Garden Island rose 85 percent between February 2003 and last month.
It's now 420-thousand-dollars.
That's ten-thousand-dollars higher than the average single-family home on Kauai. Home prices rose 29 percent in the last year. Elsewhere on the neighbor islands, changes in property prices were less marked.
Maui County condo prices were down one percent from last February, to an average of just over 257-thousand-dollars. Home prices in Maui County were up 38 percent to 550-thousand-dollars. On the Big Island, condo resale prices were up 38 percent, to 195-thousand-dollars. And median home prices were up 19 percent to nearly 263-thousand-dollars. "
posted by DP at 12:17 AM
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