Kauai Condos Are Slowing Down… Is This a Buying Opportunity?

The month of March was filled with significant global events and now our Kauai condominium real estate market has some new headwinds to deal with and we just didn’t need that kick in the shins. This segment of our market was getting back on its feet, but the numbers for the first three months of the year are showing a slow down in condominium sales.  

Why Condos Still Have a Competitive Edge

What is favorable for condominiums are two things: the residential median prices are up and given the high cost of building, buying a vacant piece of land and building is not an option. 

Will buyers start to take advantage of the amount of inventory and favorable pricing for Kauai condominiums?  

Let’s Look at Kauai0 Condo Market Data

This is exactly what I’ll be tracking and I do that by a data driven approach. Let’s start with the number of condominium sales. 

• Island Wide the number of condominiums that sold were down by -49.04% at 53 sales compared to 104 last year.  
• The South Shore went from 33 sales in the first three months of 2025 to 19 this year, a -42.42% decrease.  
• The North Shore had an even larger -58.62% decrease from 29 sales last year to 12 in 2026.
• Lihue had a -33.33% decrease from 27 sold in 2025 to 18 this year.   

What Falling Sales Means for Buyers Right Now

The number of sales didn’t do much better and this is good news for buyers. I’ve been selling real estate here on Kauai for over 22 years and what has been constant is the buyers that know our market jump in when both inventory and prices are down which is where we are at now.

Median Price Trends Across Kauai

Historically we don’t hit this point and just stay here. As buyers start jumping in the market we go back up and prices for Kauai condominiums continue to rise over the decades. Now let’s take a look at the median prices.   

• Island Wide we are down -18.92% at $750,000 compared to last year’s median price of $925,000.  
• The South Shore is down -9.09% at $1,000,000 compared to $1,100,000 in 2025.  
• The North Shore is now at $957,500 compared to last year’s median price of $1,188,000 – a -19.40% decrease.  
• Lihue, despite being down in their number of sales, was up in their median price by 33.65% at $630,850 compared to $472,000 last year and this makes total sense, Lihue has the highest number of residential condominiums. This is data that shows buyers in Lihue are getting priced out of homes and are buying condos instead. 

I’ll Be Watching What Happens

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I will see you next month for another market report!

Aloha!  

Lynda Gill RS Lic. 63088  

Hawai’i Life Real Estate Brokers 808.346.0056  

LyndaGill@HawaiiLife.com