Earlier today I posted my real estate inventory chart for the entire island of Kauai. Although that chart showed Kauai's real estate inventory has been decreasing for over a year, Poipu on Kauai's South Shore has lagged behind. Finally there are signs of improvement here as well. Admittedly it was hard to get the yellow curve fit to bend at the upper right so it's still a bit early to say inventory here has peaked. Nevertheless, it's a positive sign especially when considering the overall improvement in Kauai.
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For techies, the yellow curve superimposed on the chart is an Excel 5th-order polynomial curve fit.
Aloha,
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Richard is a Hawaii real estate agent with extensive knowledge of the Kauai & Maui markets. He lives and works on both islands and offers unique insight to his clients. Richard holds BS & MS degrees.
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