Now that we’re a couple of months into the year, we can start to see some early patterns take shape. It’s still very much “early innings,” but the year-to-date numbers through February give us a helpful snapshot of where momentum is building — and where things are simply moving at a more relaxed island pace.
Across Kauai, total sales are down year-to-date compared to the same period last year, with 84 closings so far in 2026 versus 134 last year — about a 37% dip in overall transaction count.
Residential (single-family homes) remain the steady backbone of the market. Sales are down from 61 to 41, but the median price has actually risen from about $1.20M to $1.325M, up just over 10% year-to-date. Fewer transactions, yes — but buyers are still paying for quality.
Condominiums have slowed more noticeably, with 31 sales this year versus 50 last year. Median pricing is nearly flat islandwide — roughly $900K last year compared to $885K this year. That tells us pricing hasn’t fallen off — there’s just less velocity.
Vacant land is where we’re seeing the biggest slowdown. Sales have dropped from 18 to 9, and the median has adjusted significantly from about $1.44M to $725K year-to-date. Land numbers can swing dramatically early in the year depending on a few larger parcels, but it’s clear that buyers in this segment are taking their time.
Overall, the islandwide theme so far: fewer transactions, steady interest in well-positioned homes, and a more measured tempo. If we had to summarize the first two months of 2026 in a sentence, it would be this: the market isn’t racing, but it isn’t retreating either. It’s selective. It’s measured.
