STR in Kauai - are prices going up like crazy?

[Marta B.]

Hi, 

I have vacationed in Kauai recently and I have fell in love with the island. So much, that I want to purchase a STR in a visitor designated area to use it every now and then and rent it out the rest of the time.

When we started looking for places, we just realized that prices there have increased about 30% in the last few months. We also looked at Maui and it's the same. Places that sold for 450,000 a year ago,  now are at about listing at about 600k. 

Am I crazy for wanting to get into that market now? Thanks