Kauai Absorption Rate for July 2011--Continued Improvement

Our Kauai real estate absorption rate continues to move toward a balanced market although we're not there yet except for the Lihue condo market. There has been a huge improvement compared to a little over 2 years ago (see 2nd chart). Of course that is from a seller's perspective; for buyers it's time to act while there is still a significant tilt toward a buyer's market.

Back in 2009 practically the entire chart was red (awful for sellers but wonderful for buyers)

Aloha & best wishes!