Real Estate on Kauai perplexing Investors

The average cost for a Condo on the beautiful garden island of Kauai rose last month while the total number of sales has remained rouphly the same. All the while, one-family unit sales plus prices dropped.
This has been a strange time for real estate on the island: while the overall amount of condo sales stayed about the same, the average cost has risen to a little more than a half million dollars, which is up by about twenty percent or so from $435,000 the previous year, according to data compiled by the fine folks over at the Hawaii Information Service which is relied upon by so many real estate professionals in general. Thanks for that data guys, it is appreciated. All in all, the overall amount of one family unit sales on Kauai has dropped to twenty-seven, from thirty one in the corresponding month of the previous year. In addition to all of this, The average price of a one family unit was $450,000, which is down a touch above twenty percent from the previous year. Kauai real estate has rarely been so perplexing in my opinion. Broadly speaking, so far this year sales of one family units has numbered 130, down about a quarter or so from the previous year measured. The average overall cost of a one family unit for the initial 7 months of 2009 was about $470,000 or so which is down a little more than a quarter from the previous year measured.
That is a not a good sign for the local economy on Kauai. By the way if you require a good r Kauai real estate agent then let me suggest to you Sleeping Giant Realty, I consider them to be one of the very best on the island overall.