Princeville Kauai condo / house update for Jul 19th to Jul 25th

Aloha from Princeville Kauai!

It was another interesting weather week with flash flood warnings issued by the Civil Defense. If you are not signed up for auto-notification of flash flood watch/ warnings and other Civil Defense issues, and you want to be, please click on this link then look for the “sign up now” box to the right.

You can get a text message, email or a phone call notifying you of dangerous or potentially dangerous weather situations. Very helpful whether you are an Island resident, an off Island property owner or a visitor. As far as I can tell, you don’t have to be a Kauai Property owner or resident to receive the notifications.

The Kalalau Trail was closed for a period of time due to the swollen streams and hot, muggy weather was left in the aftermath of the rains. Mother Nature always keeps things interesting on Kauai.

Despite the less than ideal weather, there was a smattering of real estate activity here and there. There were several new condo listings, one condo went into escrow and two others closed. Here is your weekly Princeville Kauai condo activity:

NEW LISTINGS

286355 CND A 1 4-5-4-5-18-91 FS $399,000 Puamana #25B 1,298 #25B 2/2.00
286079 CND A 1 4-5-4-12-3-26 FS $719,900 Hanalei Bay Villas #26 1,244 #26 2/2.01
286250 CND A 0 4-5-4-11-3-133 FS $749,000 Hanalei Bay Resort #R37 867 #R37 1/2.00

BACK ON THE MARKET

285115 CND T 48 4-5-4-12-2-7 FS $449,000 Hale Moi #107 1,033 #107 1/2.00
275836 CND A 359 4-5-4-5-23-6 FS $499,000 Plantation #212 1,153 #212 2/2.00

CONTINGENT SALES

285595 CND C 14 4-5-4-12-2-21 FS $494,000 Hale Moi #201 1,033 #201 1/2.00

SALES

274227 CND S 336 4-5-4-5-39-82 FS $497,000 Cliffs #3306 1,137 #3306 2/2.00
SOLD 7/23/2015 for $488,000 (CASH, CNV) DOM 336

277240 CND S 230 4-5-4-5-16-34 FS $685,000 Alii Kai#4302 1,086 #4302 2/2.00
SOLD 7/21/2015 for $625,000 (CNV) DOM 230

WITHDRAWN

280106 CND W 191 4-5-4-5-13-11 FS $627,000 Kamahana #11 1,635 #11 3/2.00
272073 CND W 212 4-5-4-5-39-138 FS $635,000 Cliffs #5308 1,186 #5308 2/2.00

PRICE CHANGES

284666 CND A 46 4-5-4-5-30-8 FS $398,000- Mauna Kai #F8 1,280 #F8 2/2.00
284134 CND A 66 4-5-4-5-18-38 FS $433,000- Puamana #11A 1,312 #11A 2/2.00
285115 CND A 48 4-5-4-12-2-7 FS $449,000+ Hale Moi #107 1,033 #107 1/2.00
275836 CND A 359 4-5-4-5-23-6 FS $499,000+ Plantation #212 1,153 #212 2/2.00
282872 CND A 113 4-5-4-6-1-2 FS $719,000- Villas Of Kamalii #2 1,766 #2 3/3.00
285464 CND A 9 4-5-4-5-39-177 FS $794,900+ Cliffs #8203 1,864 #8203 4/4.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Puamana 25B, which was purchased for $194,600 as an REO in 8/11, is now listed for $399K. Free standing Hanalei Bay Villas 23 is listed for $719,300. It last sold in 5/07 for $860K. It was previously listed from 2/08 to 9/08 starting at $805K and reducing to $799K and again from 7/10 to 12/10 for $599K.

Hanalei Bay Resort 3305-06 is listed for $749K. The last sale was for $157,500 in 8/87. This unit has spectacular ocean, Hanalei Bay and Bali Hai views.

Back on the Market:

Hale Moi 107 was taken off the market for a day while priced at $439K, then came back on at a new price of $449K. The last sale was for $160K in 4/01.

Plantation 212, which went into escrow on 4/30, returned to the market at a new higher price of $499K, up from $489K. It last sold for $560K in 3/07. You’ll also see this listing under price changes.

Contingent:

Hale Moi 201 went into escrow in only 10 days while priced at $494K. The seller bought this condo for $345K in 11/03.

Sales:

Cliffs 3306 sold for $488K while listed for $497K. The prior sale was for $412K in 11/04. Alii Kai 4302 sold for $625K while listed for $685K. The seller bought this ocean view condo for $150K in 4/99.

Withdrawn:

Kamahana 11 was withdrawn after 191 days priced at $627K. This condo was purchased for $570K in 8/04.

After 212 market days priced at $635K, Cliffs 5308 has been withdrawn. It last sold for $347,375 in 2/04 as a leasehold unit, converting to fee simple in for $117,810.

Price Changes:

Mauna Kai F8 is now $398K down from $435K. The prior sale was for $362K in 1/04.

Puamana 11A came down $1000 to $433K. It last sold for $486,500 in 6/05. As noted above, both Hale Noi 107 and Plantation 212 increased in price. They both went up $10K – Hale Moi to $449K and Plantation to $499K.

Villas of Kamalii 2 reduced to $719K from $725K. The purchase price was $655K in 3/13.

After only 9 days on the market, Cliffs 8203 increased in price from $724,900 to $794,900. The seller bought this ocean view condo in 4/06 for $760K as a leasehold, converting to fee simple in 6/06 for $240K.

Now on to your Princeville single family home update which was pretty much under the weather, with little movement:

NEW LISTINGS

286239 RES A 4 4-5-4-20-28 FS $845,000 3982 Kalakaua Pl 9,936 sqft 1,982 3/2.00
286129 RES A 3 4-5-4-18-23 FS $949,000 4691 Emmalani Drive 10,526 sqft 2,229 3/2.01

WITHDRAWN

284848 RES W 35 4-5-4-9-50 FS $649,000 5295 Pokii Ln 10,831 sqft 1,312 2/2.00
279398 RES W 222 4-5-4-16-69 FS $1,175,000 4391 Emmalani Dr 10,750 sqft 2,854 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3982 Kalakaua Place is newly listed for $845K since selling for $69,500 in 11/88 for land. The house was built in 98. 4691 Emmalani sold for $667,500 in 6/03. It is now listed for $949K. Previous listings were from 6/05 to 7/05 for $1.350M, from 1/15 to 4/15 for $995K, and finally from 4/15 to 7/15, starting at $995K and reducing to $949K,

Withdrawn:

Priced at $649K, 5295 Pokii Lane was withdrawn after only 35 days on them market. 4391 Emmalani is no longer on the market priced at $1.175M. It was withdrawn after 222 days.

As i was working on this week’s blog, I learned that our dear “Aloha Vet,” Dr. Scott Sims, passed away Saturday. I am heartbroken. We all knew he was battling cancer but his fight had just begun and I, for one, thought I would get to see him at least one more time. He was such a giving and gentle soul to one and all. His spirit extended across the Islands.

Even if you weren’t in need of him that particular day, it brought a smile to your face just thinking about the last time you saw him. I know three horses that were there waiting to greet him – My Bics and my two friend’s horses, Honey and Kounselor. Dr. Scott Sims was universally loved by all who had the privilege to know him. He will be eternally missed.

Aloha Elaine

mexico ride
Horseback riding in Ajijic.

Chapala waterfall web
One of the three waterfalls we rode to.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Jul 12th to Jul 18th

Aloha from Princeville Kauai,

You really have to love the weather in Hawaii, and I don’t mean just the tropical breezes and moderate temperatures. This week, while Kauai was sweltering under higher than usual temperatures, Mauna Kea, on the Big Island, got enough snowfall on the summit that the road was closed! Now, that’s a real study in contrasts!

Real estate activity was also on the sluggish side, with only one new escrow in condos and none in single family homes. Here’s your update:

NEW LISTINGS

285970 CND A 1 4-5-4-5-18-18 FS $369,000 Puamana #5B 1,298 #5B 2/2.00
286119 CND A 3 4-5-4-5-24-23 FS $650,000 Nihilani #8B 1,567 #8B 2/2.01
285464 CND A 3 4-5-4-5-39-177 FS $724,900 Cliffs #8203 1,864 #8203 4/4.00

BACK ON THE MARKET

284675 CND A 54 4-5-4-12-11-14 FS $1,110,000 Puu Poa #114 2,065 #114 2/2.00

CONTINGENT SALES

284309 CND C 67 4-5-4-5-39-12 FS $322,750 Cliffs #1202 917 #1202 1/2.00

SALES

280825 CND S 84 4-5-3-6-22-65 FS $798,000 Kaiulani #65 1,900 #65 2/2.01
SOLD 7/15/2015 for $770,000 (PMM) DOM 84

279795 CND S 137 4-5-4-12-9-12 FS $520,000 Pali Ke Kua #16 993 #16 2/2.00
SOLD 7/13/2015 for $512,500 (CASH, CNV) DOM 137

283685 CND S 84 4-5-4-5-24-101 FS $549,500 Nihilani #34B 1,406 #34B 2/2.00
SOLD 7/14/2015 for $535,000 (CNV) DOM 84

UNDER CONTRACT

285606 CND U 21 4-5-4-15-21-57 FS $348,500 Sandpiper #220 1,173 #220 2/2.01

PRICE CHANGES

282651 CND A 108 4-5-4-5-39-159 FS $510,000- Cliffs #7201 963 #7201 1/2.00
279773 CND A 211 4-5-4-12-3-4 FS $619,000- Hanalei Bay Villas #4 1,248 #4 2/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Puamana 5B is listed for $369K. The prior sale was for $296K in 10/03. Nihilani 8B, a 2 bed/2bath single level unit, sold for $370K in 3/10 and is now on the market for $650K. Cliffs 8203 was a leasehold unit when purchased for $170,900 in 2/81, converting to fee simple in 6/06 for $240K. This ocean view 4 bedroom unit is listed for $724,900.

Back on the Market

Puu Poa 114 fell out of escrow and is back on the market at the same price of $1.11M. In 9/12 it sold for $870K.

Contingent:

Cliffs 1202 found a buyer after 67 days while listed for $322,750. The previous sale was for $409K in 3/06.

Sales:

Kaiulani 65 sold in 4/13 for $730K, was listed for $798K and closed this week with seller financing for $770K. Pali Ke Kua 16 sold for $512,500 cash while listed for $520K. The seller bought this ocean view unit for $280K in 2/02. Nihilani 34 B sold for $535K while listed for $549,500. This ground floor condo sold for $450K in 4/14. All three of these sellers came out with some $$ in their pockets which is still uncommon these days.

Under Contract:

Bank sale Sandpiper 220, priced at $348,500 moved closer to closing as it went under contract from contingent.

Price Changes:

Cliffs 7201 is now $510K, after a $15K reduction. The prior sale was for $655K in 8/05. Hanalei Bay Villas 4 was $629K and is now $619K. The free standing condo was purchased for $845K in 7/08.

Now on to your Princeville, Kauai single family home upate:

NEW LISTINGS

286131 RES A 1 4-5-4-23-38 FS $714,000 3812 Iluna Place 6,895 sqft 1,310 3/2.00
285786 RES A 5 4-5-4-22-25 FS $875,000 4386 Emmalani Dr 11,129 sqft 1,884 3/2.00
284795 RES A 4 4-5-4-21-7 FS $899,000 3740 Albert Road 10,737 sqft 2,184 3/2.01

SALES

277784 RES S 275 4-5-4-16-19 FS $825,000 4064 Kaahumanu Pl 12,058 sqft 2,274 3/2.00
SOLD 7/15/2015 for $725,000 (CNV) DOM 275

EXPIRED

280487 RES X 181 4-5-3-12-19 FS $2,499,999 3953 Aloalii Dr 9,027 sqft 3,382 3/2.01

WITHDRAWN

281416 RES W 151 4-5-4-16-25 FS $1,275,000 4989 Emmalani Dr 11,744 sqft 2,700 3/2.01

PRICE CHANGES

282326 RES A 110 4-5-4-17-36 FS $824,000- 4862 Victoria Lp 9,873 sqft 1,841 3/3.00
279398 RES A 218 4-5-4-16-69 FS $1,175,000- 4391 Emmalani Dr 10,750 sqft 2,854 3/2.01
275795 RES A 304 4-5-4-18-52 FS $1,295,000- 4555 Emmalani Dr 10,371 sqft 3,482 3/3.01
273100 RES C 377 4-5-4-16-76 FS $699,000- 4123 Kekaulike Ln 10,650 sqft 1,646 3/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3812 Iluna Place, which last sold for $510K in 2/10, is now listed for $714K. It was previously listed from 10/12 to 3/14, starting at $719K and reducing to $699K.

4386 Emmalani, priced at $875K, last sold for $590K in 7/12. 3740 Albert was purchased for $656,250 in 11/09 and is newly listed for $899K.

Sales:

4064 Kaahumanu was a bank sale in 8/11 when it sold for a mere $479,900. It was listed for $825K and yielded a nice profit by selling for $725K.

Expired:

3953 Aloalii expired after 181 days priced at $2,499,999. The prior sale was for $1.8M in 4/07.

Withdrawn:

After 151 market days, 4989 Emmalani Drive was withdrawn while listed for $1.275M. The seller bought the land for $78K in 4/84 and built the home later that year.

Price Changes:

4862 Victoria Loop, which sold for $1.039M in 11/07, is now $824K down from $845K. The last sale was for $1.039M in 11/07. 4391 Emmalani was priced at $1.195M and is now $1.175M. The last sale was for land in 6/88 for $95K. 4555 Emmalani reduced from $1.315M to $1.295M. The prior sale was for $600K in 6/02. 4123 Kekualike Lane, which is in escrow, reduced to $699K from $748K, which may be an indication of the sale price. The seller bought this home for $260K in 1/98.

As of today, Sunday, there have been 54 sales as we try to meet or exceed the 84 posted last July. June put forth a good effort and we’re all hoping July will do the same. Questions? Please do not hesitate to ask via text or email. I’m here to make sure you get the facts before buying or selling.

Aloha,

Elaine

IMG_458501430

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Jul 5th to Jul 11th

Aloha from Princeville Kauai,

So far we’ve been lucky and have ducked he first of two tropical depression of the season however, the remains of Cyclone Ela have been responsible for some very hot and humid weather, with Kauai experiencing a record breaking temperature of 89 on July 1st.

Real Estate activity has been much cooler than the temps, with mild condo and home activity this week. So far there have been 28 sales as we try to meet or beat the 84 posted in Jul 14. Take a look for yourself:

NEW LISTINGS

285595 CND A 1 4-5-4-12-2-21 FS $494,000 Hale Moi #201 1,033 #201 1/2.00

CONTINGENT SALES

283296 CND C 89 4-5-3-6-22-55 FS $1,199,000 Kaiulani #55 2,479 #55 3/3.00

SALES

280924 CND S 43 4-5-4-12-10-28 FS $595,000 Emmalani Court #421 1,456 #421 2/2.00
SOLD 7/7/2015 for $562,500 (EXCH) DOM 43

UNDER CONTRACT

277253 CND U 194 4-5-4-5-3-5 FS $275,000 Paniolo #105 1,058 #105 1/2.00

PRICE CHANGES

277061 CND A 295 4-5-4-5-16-13 FS $485,000- Alii Kai #2201 1,086 #2201 2/2.00
282772 CND A 110 4-5-4-5-23-64 FS $549,000- Princeville #1622 1,318 #1622 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Hale Moi 201 is newly listed for $494K since selling for $345K in 11/03.

Contingent:

Kaiulani 55 is now in escrow priced at $1.199M. The last sale was from the developer in 5/13 for $990K.

Sales:

Emmalani Court 421 sold for $562K while listed for $595K. This condo was purchased by the seller for $660K in 6/05.

Under Contract:

Paniolo 105 moved closer to closing as it went to under contract from contingent. Priced at $275K, the most recent sale was for $415K in 7/05.

Price Changes:

Alii Kai 2201, which sold for $420K in 5/09, is now $485K, down from $499,900. Plantation 1622, a three bedroom second floor condo, is now $549K, down from $575K. The condo sold for $399,901 in 8/12 as a bank owner property.

Now on to your Princeville Kauai single family home update which was pretty sparse:

CONTINGENT SALES

284686 RES C 39 4-5-4-7-25 FS $1,350,000 3874 Punahele Rd 13,896 sqft 1,988 3/3.00

WITHDRAWN

282991 RES W 88 4-5-4-18-23 FS $949,000 4691 Emmalani Dr 10,526 sqft 2,229 3/2.01

PRICE CHANGES

281416 RES A 149 4-5-4-16-25 FS $1,275,000+ 4989 Emmalani Dr 11,744 sqft 2,700 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Contingent:

After only 36 days, 3874 Punahele, priced at $1.350M, found a buyer. The last sale was for $230K in 11/79.

Withdrawn:

4691 Emmalani, with a price of $949K, was withdrawn after 88 days. The seller bought this home for $667,500 in 6/03.

Price Changes:

4989 Emmalani Drive increased in price, going from $1.245M to $1.275M. The previous sale was for $78K as land in 4/84. The home was built that same year.

That’s pretty much it for this week. Question? Please text or email for the facts for the facts before buying or selling.

Aloha,

Elaine

IMG_457905127
Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Jun 28th to Jul 4th

Aloha from Princeville Kauai!

Happy Fourth of July weekend! I hope yours was filled with good times, good friends and family. It was a fairly active week for condos, with two new escrow and three sales. Here is what happened this past week:

NEW LISTINGS

285761 CND A 4 4-5-4-5-23-23 FS $124,950 Plantation #621 1,318 #621 3/3.00

BACK ON THE MARKET

282683 CND A 17 4-5-4-15-21-7 FS $360,000 Sandpiper #107 1,042 #107 2/2.00
272612 CND A 447 4-5-4-5-18-35 FS $390,000 Puamana #10A 1,510 #10A 2/2.00

CONTINGENT SALES

283011 CND C 94 4-5-4-5-27-20 FS $299,500 Hale Honu #10B 1,085 #10B 3/1.01
283040 CND C 95 4-5-4-5-16-7 FS $375,000 Alii Kai #1203 1,085 #1203 2/2.00

SALES

268158 CND S 528 4-5-4-5-18-4 FS $340,000 Puamana #1D 1,298 #1D 2/2.00
SOLD 6/30/2015 for $361,000 (CASH) DOM 528

280776 CND S 46 4-5-4-5-3-4 FS $369,000 Paniolo #104 1,058 #104 1/2.00
SOLD 6/30/2015 for $352,000 (CNV) DOM 46

279495 CND S 511 4-5-4-5-16-17 FS $649,000 Alii Kai #3101 1,086 #3101 2/2.00
SOLD 7/1/2015 for $575,000 (CASH) DOM 511

TEMPORARILY WITHDRAWN

283177 CND T 83 4-5-4-12-10-22 FS $690,000 Emmalani Court #325 1,456 #325 2/2.00

PRICE CHANGES

285761 CND A 4 4-5-4-5-23-23 FS $124,950- Plantation #621 1,318 #621 3/3.00
282257 CND A 120 4-5-4-5-7-9 FS $288,000- Sealodge #B1 566 #B1 1/1.00
284134 CND A 47 4-5-4-5-18-38 FS $434,000- Puamana #11A 1,312 #11A 2/2.00
282434 CND A 103 4-5-4-5-16-49 FS $699,900- Alii Kai #6101 1,088 #6101 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Plantation 621 sold most recently for $550K in 8/05 as a fee simple unit. It is now being offered as a 2 month fractional share for $124,950. It initially came on the market priced at $125,950 so you’ll also see it under price changes.

Back on the Market:

Sandpiper 107 is back on the market at the new price of $360K. It last sold for 9/04 for $365K. Puamana 10A, went into escrow on 6/25 and is now back on the market. It last sold for $425K in 4/13 and is currently listed for $390K.

Contingent:

Priced at $299,500, Hale Honu 10B found a buyer after 91 market days. The seller purchased this unit for $365K in 9/07. Alii Kai 1203, priced at $375K, went into escrow this week. It last sold in 10/80 for $136K, and was foreclosed on in 2/15.

Sales:

Interestingly, after 528 market days, Puamana 1D sold for over asking. The list price was $340K and the sale price, paid in cash, was $361K. The seller bought this unit for $345K in 8/03.

Paniolo 104 sold for $352K while priced at $369K. The previous sale was for $185K in 6/13.

Alii Kai 3101, an oceanview unit, sold for $575K cash with an asking price of $649K. The seller bought this unit for $325K in 10/01.

Temporarily Withdrawn:

Emmalani Court 325 was temporarily withdrawn after 83 days priced at $690K. The prior sale was for $390K in 6/09.

Price Changes:

As noted under new listings, Plantation 621 adjusted the price by $1K. Sealodge B1, reduced to $288K from $298K. The prior sale was for $110K in 5/00. Puamana 11A also reduced by $1K to $434K. The prior sale was for $486,500 in 4/05. Alii Kai 6101 is now $699,900, down from $749K. The prior sale was for $108,500 in 5/86.

Now on to your Princeville Kauai single family hope update:

NEW LISTINGS

284609 RES A 3 4-5-4-8-43 FS $699,000 5071 Kamamalu Lp 10,324 sqft 1,176 3/2.00
285302 RES A 7 4-5-4-16-7 FS $1,220,000 5029 Emmalani Dr 10,500 sqft 4,000 5/3.00
285661 RES A 6 4-5-4-22-24 FS $1,295,000 4147 Nalani Lane 11,203 sqft 3,498 5/4.00
285768 RES A 3 4-5-4-19-10 FS $1,579,000 5136 Napookala Cir 15,023 sqft 2,440 4/3.00

CONTINGENT SALES

279781 RES C 199 4-5-4-18-20 FS $949,000 4173 Kalani Pl 10,630 sqft 3,464 3/3.01

SALES

279760 RES S 128 4-5-4-16-67 FS $1,345,000 4421 Emmalani Dr 11,463 sqft 2,126 2/2.01
SOLD 6/30/2015 for $1,285,000 (CNV) DOM 128

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

5071 Kamamalu Loop is priced at $699K. There is no prior sale history for this home. 5029 Emmalani is a new listing priced at $1.229M. The last sale was for $729,299 as a bank owned property in 11/13.

4147 Nalani Lane is listed for $1.295M. The last sale was in 9/02 for $737,500. 5136 Napookala returns to the market priced at $1.579M. This home, which is under construction, sold as land for $430K in 4/14. It was listed twice in the recent past, once for $1.490M and once for $1.599M.

Contingent:

Priced at $949K, golf course and lake view 4173 Kalani Place found a buyer. The seller purchased this home for $800K in 10/10.

Sales:

Golf course and mountain view 4421 Emmalani, priced at $1.345M, sold for $1.285M after 128 days on the market. The prior sale was for $980K in 1/08, after which the home was completely renovated.

That’s it for this week. Not much to report in the way of houses.

As for the month of June, it surprisingly grew in strength, closing out with 104 sales, 3 over the 101 sold in Jun 14. Does this bode well for the remaining summer months? I think it does. We are only on day 5 and there are already 17 sales posted on the way to beating the 84 posted last July!

Enjoy the rest of your holiday weekend and enjoy your Paradise, wherever it may be.

Aloha from Princeville Kauai, Elaine

IMG_457482021

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Kauai June 2015 Market Statistics

Aloha from Princeville Kauai!

Much to my surprise, Jun 15 ended with 104 sales, which is an increase over Jun 14 with only 101. Jun 15 got off to such a slow start I would have bet against this happening at the beginning but I’m thrilled to see the uptick in market activity. This is the best June in the last 6 years, with the low being in Jun 11 with only 65 sales.

Year to date we’re down a bit, with only 481 sales compared to this time last Jun which had 544 sales. Even Jun 13 was higher with 494 while the low was Jun 10 with a mere 345.

Sales volume is up across the board both for the month and year to date. Jun 14 posted $60M in sales while Jun 15 racked up $66M. This is a substantial increase over the recent past. June 11 was the low with $28M, followed by Jun 10, with $35M, while Jun 12 and 13 both had $47M in sales.

Year to date is also up, posting $372M compared to $344M that had sold this time last Jun. The year to date low for the last 6 years was Jun 10 with $181M in sales.

Looking at the median price, we are up slightly, from $560,750 for residential in Jun 14 to $570K for Jun 15. Condos went down slightly, from $307K to $306,504 for Jun 15. Still this is higher than we’ve been seeing, especially when you look at Jun 12 which had a median home price of $400K and Jun 11 which had a median condo price of $290K.

To see the full statistical report for this month, please click here where I post it on my blog each month. The number to beat for last July is 84 and as of today, July 9th there have been 28 sales.

If you have any questions on Kauai Real Estate do not hesitate to text or email me to get the facts.

Aloha from Princeville Kauai,

Elaine

IMG_458092651

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Jun 21st to Jun 27th

Aloha from Princeville Kauai,

It was a fairly productive week with several new condo and home listings, one new escrow in each, and two sales in condos. Here is the activity for the past week:

NEW LISTINGS

285390 CND A 5 4-5-3-11-1-31 FS $749,000 Villas On The Prince #31 1,732 #31 3/3.00
285606 CND A 2 4-5-4-15-21-57 FS $348,500 Sandpiper #220 1,173 #220 2/2.01
285252 CND A 4 4-5-4-5-24-69 FS $675,000 Nihilani #23C 1,972 #23C 3/3.00

BACK ON THE MARKET

279062 CND A 215 4-5-4-5-17-12 FS $382,000 Alii Kai #9D 1,020 #9D 2/2.00

CONTINGENT SALES

272612 CND C 439 4-5-4-5-18-35 FS $390,000 Puamana #10A 1,510 #10A 2/2.00

SALES

271175 CND S 445 4-5-4-5-39-72 FS $330,000 Cliffs #3204 917 #3204 1/2.00
SOLD 6/25/2015 for $312,007 (CASH) DOM 445

282893 CND S 10 4-5-4-5-4-14 FS $485,000 Mauna Kai #4B 1,498 #4B 2/2.00
SOLD 6/24/2015 for $450,000 (CNV) DOM 10

TEMPORARILY WITHDRAWN

281630 CND T 86 4-5-4-12-8-1 LH $274,500 Pali Ke Kua #1 993 #1 1/1.01

PRICE CHANGES

277623 CND A 267 4-5-3-6-22-16 FS $2,199,000- Kaiulani #16 2,843 #16 3/3.01
283040 CND A 87 4-5-4-5-16-7 FS $375,000- Alii Kai #1203 1,085 #1203 2/2.00
281251 CND A 120 4-5-4-6-1-35 FS $735,000- Villas Of Kamalii #35 1,800 #35 3/3.00
282683 CND T 11 4-5-4-15-21-7 FS $360,000+ Sandpiper #107 1,042 #107 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Villas on the Prince 31, with a price tag of $749K, is listed for the first time since last selling for $945K in 4/07. Second floor bank owned Sandpiper 220 is priced at $348,500. The last sale was for 12/00 for $144K. Nihilani 23C, a top floor one level successful vacation rental, is newly listed for $675K since selling as a FNMA property for $469,900 in 8/11.

Back on the Market:

After expiring on 6/17, Alii Kai 9D, priced at $382K, returns to the market. The seller purchased this unit for $107K in 10/98.

Contingent:

Puamana 10A found a buyer after 438 days while listed at $390K. The property sold previously for $425K in 11/13.

Sales:

Cliffs 3204 sold for $312,007 cash while priced at $330K. The last sale was for $380K in 1/08. Mauna Kai 4B was listed for $485K and sold for $450K. The seller bought this unit as a bank owned property in 11/10 for $232K.

Temporarily Withdrawn:

After offering bank owned leasehold Pali Ke Kua 1 for sale by auction with a list price of $274,500 for 86 market days, it was temporarily withdrawn.

Price Changes:

Kaiulanai 16 is now priced at $2.199M, down from $2.249M. This townhome sold for $2,127,240 from the developer in 4/08. Alii Kai 1203 reduced from $425K to $375K. This one owner unit sold for $136K in 10/80 and is now a bank REO. Villas of Kamalii 35 had a $14K reduction to $735K, having last sold for $665K in 5/08 as an REO. Sandpiper 107, which is temporarily withdrawn, increased $10K to $360K. The last sale was for $365K in 9/04.

Now on to your Princeville single family home update which has several new listings but only one new escrow:

NEW LISTINGS

285523 RES A 1 4-5-4-13-42 FS $1,175,000 3626 Kaweonui Rd 10,923 sqft 2,482 3/3.01
285575 RES A 1 4-5-4-16-16 FS $1,220,000 4050 Kaahumanu Pl 10,753 sqft 3,048 6/3.01
284940 RES A 4 4-5-4-10-46 FS $1,295,000 5362 Honoiki Rd 10,274 sqft 2,350 4/4.00
285598 RES A 1 4-5-4-16-46 FS $1,350,000 4133 Rooke Pl 11,036 sqft 3,368 4/4.00

BACK ON THE MARKET

282991 RES A 79 4-5-4-18-23 FS $949,000 4691 Emmalani Dr 10,526 sqft 2,229 3/2.01

CONTINGENT SALES

283502 RES C 73 4-5-4-18-61 FS $947,000 4178 Kamalani Lane 11,567 sqft 2,322 4/2.01

WITHDRAWN

283940 RES W 51 4-5-4-16-46 FS $1,350,000 4133 Rooke Pl 11,036 sqft 3,368 4/4.00

PRICE CHANGES

274881 RES A 81 4-5-4-10-4 FS $707,000- 4130 Liholiho Rd 9,969 sqft 1,736 3/2.00
280146 RES A 57 4-5-4-18-9 FS $999,990- 4182 Mahina Pl 11,533 sqft 1,675 2/2.00
279398 RES A 197 4-5-4-16-69 FS $1,195,000- 4391 Emmalani Dr 10,750 sqft 2,854 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3262 Kaweonui is newly listed for $1.175M since selling as land for $125K in 1/00. The home was built later that year.
4050 Kaahumanu Place returns to the market priced at $1.220M since being listed briefly from 5/15 to 6/15 for $1.295M. The last sale was for land in 1/04 for $298K. The home was built in 2004.

5362 Honoiki, which sold for 4400K in 8/03, is now listed for $1.295M. This home was built in 89.

4133 Rooke Place is back on the market priced at $1.350M since being listed from 12/13 to 7/14, starting at $1.950M, reducing to $1.450M and again from 5/15 to 6/15 priced at $1.350M. This home was built in 2004, with the last sale being for land in 6/03 for $323K. You’ll also see this home under the withdrawn section of this update.

Back on the Market:

After 77 market days, 4691 Emmalani, with a price of $949K, was withdrawn. This home sold $667K in 6/03. It then returned to the market a day later.

Contingent:

After 68 market days, 4178 Kamalani Lane, priced at $947K, is in escrow. It sold for $830K in 8/13.

Withdrawn:

After 51 market days, 4133 Rooke Place with a list price of $1.350M, was withdrawn from the market. It sold for $323K in 6/03.

Price Changes:

4130 Liholiho is now $707K down from $749K. The home was purchased for $145K in 10/83. 4182 Mahina Place went from $1.049M to $999,990 after 54 market days. The prior sale was for $440K in 7/99. 4391 Emmalani Lane reduced by a hefty $100K, and is now available at $1.195M. The sellers bought land in 6/88 for $95K and built the house in 99.

That’s it for this week. Quite a few new listings but not a lot of movement in the market.

There’s still plenty of opportunity for a good buy in our market. Some areas on the mainland are seeing multiple offers on listings as soon as they hit the market and buyers are having trouble finding a property that’s affordable, even with 6 figure incomes.

I recently saw in the San Francisco paper that a home listed for $6M sold for 75% over asking at $11M. While that was certainly an exceptional case, the article went on to describe the current “bubble” that exists in the City, with homes easily selling for $1M and more over list. Of course, these are cash sales that don’t have to stand up to an appraisal.

So if you are coming from the mainland looking for property on Kauai, while there are multiple offers on some properties, bidding wars are not the norm nor are sales prices hundred of thousands of dollars over list price.

How many sales have we had this month? 95! The target is 101 and we’re almost there. Have a great week and don’t forget – if you want the facts before buying or selling, please email or text me.

Aloha Elaine

IMG_454652699
Beautiful Hanalei

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Jun 14th to Jun 20th

Aloha from Princeville Kauai and HAPPY FATHER’S DAY to all the wonderful dads out there!

Today is your special day – one day of the year to thank you for all the wonderful things you do for your loved ones all year long.

It was another busy week for Princeville condos with somewhat less activity for homes. Here is your update:

NEW LISTINGS

280450 CND A 1 4-5-4-5-12-2 FS $570,000 Sealodge #F2 567 #F2 1/1.00
283173 CND C 3 4-5-4-5-7-37 FS $459,000 Sealodge #D8 570 #D8 1/1.00

BACK ON THE MARKET

281630 CND A 79 4-5-4-12-8-1 LH $274,500 Pali Ke Kua #1 993 #1 1/1.01
274629 CND A 358 4-5-4-5-3-3 FS $299,000 Paniolo #103 1,058 #103 1/2.00

CONTINGENT SALES

283173 CND C 3 4-5-4-5-7-37 FS $459,000 Sealodge #D8 570 #D8 1/1.00
284723 CND C 25 4-5-4-12-8-25 FS $750,000 Pali Ke Kua#230 1,135 #230 2/2.00

SALES

279687 CND S 182 4-5-4-5-3-22 FS $429,000 Paniolo #208 1,058 #208 1/2.00
SOLD 6/18/2015 for $417,000 (CNV) DOM 182

274871 CND S 238 4-5-4-5-23-39 FS $598,765 Plantation #1021 1,318 #1021 3/3.00
SOLD 6/19/2015 for $590,000 (CNV) DOM 238

EXPIRED

279062 CND X 210 4-5-4-5-17-12 FS $382,000 Alii Kai #9D 1,020 #9D 2/2.00

PRICE CHANGES

281630 CND A 79 4-5-4-12-8-1 LH $274,500- Pali Ke Kua #1 993 #1 1/1.01
282872 CND A 79 4-5-4-6-1-2 FS $725,000- Villas Of Kamalii #2 1,766 #2 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Sealodge F2, hit the market this week at $570K since selling for $268K in 7/01. This ocean view condo has been completely renovated and redesigned! Another Sealodge unit, D8 came on the market for the first time since selling for $107,250 in 5/97 and went into escrow within 3 days. You’ll also see it under contingent. The list price for this top floor unit is $459K.

Back on the Market:

Bank owned leasehold Pali Ke Kua 1, which is being sold at auction, is once again back on the market with a list price of $274,500, down from $288,900. This condo last sold for $379K in 4/06. You’ll also see this unit under price changes.

Paniolo 103, priced at $299K, fell out of escrow on 5/13 and fortunately, went back in on 6/8 and fell out once again on 6/17. The prior sale was for $218,500 in 8/12.

Contingent:

As noted above, Sealodge D8 went quickly into escrow. Pali Ke Kua 230, with a list price of $750K, wasted no time in going into escrow, doing so in only 22 days. The prior purchase price was for $80,700 for a leasehold unit in 10/74, converting to fee simple in 5/90 for $16,700. This is a one owner condo!

Sales:

Paniolo 208 sold for $417K while listed for $429K. The seller purchased this condo for $223,300 in 3/14.

Plantation 1021 was listed for $598,765 and sold for $590K. The prior purchase was for $523,993 in 12/05.

Expired:

Alii Kai 9D expired after 210 days while listed for $382K. It last sold for $107K in 10/98.

Price Changes:

Leasehold Pali Ke Kua 1 is now $274,500. Villas of Kamalii 2 had a $10K price reduction and is now $725K. It was purchased for $655K in 3/13.

Now on to your Princeville single family residence update which had a couple of closings but no new escrows and only one new listing:

NEW LISTINGS

284848 RES A 5 4-5-4-9-50 FS $649,000 5295 Pokii Ln 10,831 sqft 1,312 2/2.00

SALES

278317 RES S 211 4-5-4-16-85 FS $879,900 4108 Nalani Ln 11,693 sqft 2,666 2/2.01
SOLD 6/19/2015 for $850,000 (PMM) DOM 211

267688 RES S 557 4-5-4-9-55 FS $1,449,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00
SOLD 6/19/2015 for $1,325,000 (CASH) DOM 557

UNDER CONTRACT

279760 RES U 128 4-5-4-16-67 FS $1,345,000 4421 Emmalani Dr 11,463 sqft 2,126 2/2.01

TEMPORARILY WITHDRAWN

279410 RES T 165 4-5-3-12-30 FS $1,270,000 3982 Aloalii Dr 8,072 sqft 2,229 3/3.00

PRICE CHANGES

282979 RES A 79 4-5-3-11-34 FS $1,649,000- 4080 Aloalii Dr 11,096 sqft 2,794 3/3.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

5295 Pokii Lane returns to the market priced at before at $649K. This home was previously listed from 4/13 to 4/14 starting at $749K and reducing to $649K.

Sales:

4108 Nalani sold for $850K with seller financing while listed for $879,900. The prior sale was for land in 10/07 for $450K.

After 557 market days, 5331 Honoiki sold for $1.325M cash while listed for $1.449M. This home sold previously for $762,500 in 1/11.

Under Contract:

4421 Emmalani moved from in escrow to under contract and should be closing soon. Priced at $1.345M, the home was remodeled after being purchased for $980K in 1/08.

Temporarily Withdrawn:

Priced at $1.270M, 3982 Aloalii was temporarily withdrawn after 165 days on the market. The last sale was for $960,900 in 1/98.

Price Changes:

Now priced at $1.649M after a $50K price reduction, 4080 Aloalii last sold for $1.695M in 3/07.

We are on day 21 of the month with 68 sales towards the goal of 101. If we’ll meet that challenge by breaking last June’s record is anyone’s guess. Enjoy Father’s Day, in Paradise wherever that may be. Questions? Email or text me before buying or selling for the facts.

Aloha Elaine

IMG_454652723

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.trulia.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Jun 7th to Jun 13th

Aloha from Sunny and Beautiful Princeville Kauai!

This week just flew by although activity was down compared to the last few weeks. Condos saw a bit of action with one new listing, two contingent sales, and two closings! No price changes this week:

NEW LISTINGS

284666 CND A 5 4-5-4-5-30-8 FS $435,000 Mauna Kai #F8 1,280 #F8 2/2.00

CONTINGENT SALES

274629 CND C 351 4-5-4-5-3-3 FS $299,000 Paniolo #103 1,058 #103 1/2.00
285115 CND C 8 4-5-4-12-2-7 FS $439,000 Hale Moi #107 1,033 #107 1/2.00

SALES

269574 CND S 470 4-5-3-11-1-10 FS $749,000 Villas On The Prince #10 1,732 #10 3/3.00
SOLD 6/10/2015 for $725,000 (CNV) DOM 470

275155 CND S 261 4-5-4-5-7-34 FS $449,500 Sealodge #D5 570 #D5 1/1.00
SOLD 6/10/2015 for $430,000 (CNV) DOM 261

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Mauna Kai F8 last sold for $362K in 1/04 and is now listed for $435K.

Contingent:

Paniolo 103, priced at $299K, fell out of escrow on 5/13 and fortunately, went back in again this week. The prior sale was for $218,500 in 8/12. Hale Moi 107 is already in escrow, taking only 8 days to find a buyer while priced at $439K. The previous sale price was $160K in 4/01.

Sales:

Villas on the Prince 10 sold for $725K while listed for $749K. This townhome was purchased for $474,320 in 2/02. Sealodge D5 sold previously for $435K in 7/13 and sold again this week for $430K while listed for $449,500.

That’s it for condos – Now on to your Princeville single family home update:

SALES

283046 RES S 21 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00
SOLD 6/12/2015 for $1,450,000 (CASH) DOM 21

282884 RES S 7 4-5-4-23-71 FS $849,500 3784 Mapuana Pl 9,985 sqft 1,857 3/2.01
SOLD 6/9/2015 for $835,000 (CASH, CNV) DOM 7

283837 RES S 0 4-5-4-17-9 FS $1,500,000 4881 Emmalani Drive 10,852 sqft 3,494 3/4.00
SOLD 6/8/2015 for $1,480,000 (CASH) DOM 0

WITHDRAWN

284658 RES W 14 4-5-4-16-16 FS $1,295,000 4050 Kaahumanu Pl 10,753 sqft 3,048 6/3.01

PRICE CHANGES

275643 RES A 319 4-5-4-24-14 FS $699,000- 4260 Waileia Pl 9,529 sqft 1,632 3/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Sales:

3981 Aloalii sold for the list price of $1.450M cash. The seller purchased this home for $1,739,632 in 7/08.

3784 Mapuana Place had a list price of $849,500 and sold for $835K cash after only 7 days on the market. The seller purchased this home for $405K in 4/06.

4881 Emmalani sold for $1.480M cash while listed for $1.5M. This home was purchased for $1.2M in 12/12.

Withdrawn:

4050 Kaahumana Place, priced at $1.295M was withdrawn after being on the market for only 14 days. This prior sale was for land in 1/04 for $398K.

Price Changes:

4260 Waileia Place is now $699K down from $711K. The last sale was for $665K in 3/07.

The market has managed to post 47 sales so far as of today Sunday, as we head towards the goal of 101 sales from last June.

Mason Chock, one of our newer County Council members, is proposing a bill that would require that hikers in need of rescue, who disregard warnings (and there are plenty of them) be required to pay back the County for rescue costs. All I can say is “Way to go Mason!” It will be intereseting to see how this proposal progresses.

Have a wonderful week and remember that next Sunday is Father’s day.

Aloha Elaine

IMG_454652828
Flowers found down in Hanalei at the shopping center.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.trulia.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for May 31st to Jun 6th

Aloha from Princeville Kauai!

The good weather continued this past week, bringing buyers out and sending everyone else to the beach. Condos showed a good deal of activity with 5 new listings, 2 new escrows and 2 units that moved closer to closing by going under contract. Homes were a little slower, with two new listings and one sale. Here’s what happened:

NEW LISTINGS

285115 CND A 0 4-5-4-12-2-7 FS $439,000 Hale Moi #107 1,033 #107 1/2.00
284867 CND A 6 4-5-4-5-39-77 FS $499,000 Cliffs #3301 1,186 #3301 2/2.00
285029 CND A 2 4-5-4-5-16-1 FS $569,000 Alii Kai #1101 1,086 #1101 2/2.00
281526 CND A 5 4-5-4-5-15-7 FS $629,000 Paliuli #7 1,337 #7 2/2.00
284343 CND A 1 4-5-4-5-39-198 FS $695,000 Cliffs #9302 1,137 #9302 2/2.00

BACK ON THE MARKET

273350 CND A 383 4-5-4-5-39-137 FS $599,000 Cliffs #5307 1,137 #5307 2/2.00
281845 CND A 95 4-5-4-12-10-7 FS $675,000 Emmalani Court #215 1,456 #215 2/2.00

CONTINGENT SALES

279495 CND C 516 4-5-4-5-16-17 FS $649,000 Alii Kai #3101 1,086 #3101 2/2.00
284675 CND C 11 4-5-4-12-11-14 FS $1,110,000 Puu Poa #114 2,065 #114 2/2.00

UNDER CONTRACT

269574 CND U 470 4-5-3-11-1-10 FS $749,000 Villas On The Prince #10 1,732 #10 3/3.00
282893 CND U 10 4-5-4-5-4-14 FS $485,000 Mauna Kai #4B 1,498 #4B 2/2.00

PRICE CHANGES

282772 CND A 75 4-5-4-5-23-64 FS $575,000- Plantation #1622 1,318 #1622 3/3.00
282872 CND A 65 4-5-4-6-1-2 FS $735,000- Villas Of Kamalii #2 1,766 #2 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Hale Moi 107, priced at $459K is listed for the first time since selling in 4/01 for $160K.

Cliffs 3301 is a top floor unit listed for $499K. This condo last sold for $276,600 in 2/81. It was listed before from 7/03 to 1/06, starting at $495K and increasing to $545K and once again from 3/13 to 10/14 starting at $549,900, decreasing to $525K.

Alii Kai 1101, priced at $569K was purchased for $365K in 12/03. This downstairs 2 bedroom unit was listed before from 7/13 to 10/13 for $459K.

Free standing Paliuli 7 shows as a new listing at $629K. Purchased in 3/07 for $70K, this unit has been listed since 2/15 but shows as new because the list agent changed brokerages.

Cliffs 9302, available for $695K is a top floor unit with great ocean views. The prior sale was for $205K in 9/99. This unit was listed from 7/08 to 10/10 for $691K and again from 12/10 to 6/12 for the same price.

Back on the Market:

Cliffs 5307, with a price of $599K, expired on 6/1 and is now back on the market. This top floor condo sold for $470K in 7/04.
Emmalani Court 215 is back on the market for the second time since going into escrow on 5/30. Listed at $675K, the prior sale was for $560K in 2/13.

Contingent:

Alii Kai 3101, with a list price of 4649K is in escrow after 515 market days. The seller bought this unit in 10/01 for $325K.

Puu Poa 114 wasted no time finding a buyer while priced at $1.110M. It took only 7 days for it to go into escrow. The prior sale was for $870K in 9/12.

Under Contract:

Villas on the Prince 10 is now under contract and should be closing soon. It is listed for $749K. Mauna Kai 4B came back on the market on 5/26 and just as quickly went back into escrow while listed for $485K. This unit was purchased for $232K in 11/10 as a bank owned property.

Price Changes:

Plantation 1622 is now priced at $575K after a $20K reduction. The seller bought this unit for $399,901 as a bank owned property in 8/12. Villas of Kamalii 2 reduced $10K from $745K to $735K. The last sale was for $655K in 3/13.

Now on to your Princeville Kauai home update which saw a minimal new activity:

NEW LISTINGS

284686 RES A 4 4-5-4-7-25 FS $1,350,000 3874 Punahele Rd 13,896 sqft 1,988 3/3.00
284362 RES A 5 4-5-4-8-25 FS $1,500,000 5076 Kamamalu Lp 11,807 sqft 3,051 3/2.00

BACK ON THE MARKET

282775 RES A 22 4-5-4-10-11 FS $1,190,000 4125 Kekuanaoa Ln 9,965 sqft 2,752 5/4.00

SALES

274184 RES S 179 4-5-4-13-80 FS $999,000 3670 Albert Rd 12,314 sqft 3,060 3/2.01
SOLD 6/5/2015 for $937,000 (CASH) DOM 179

PRICE CHANGES

280487 RES A 142 4-5-3-12-19 FS $2,499,999- 3953 Aloalii Dr 9,027 sqft 3,382 3/2.01
280005 RES A 151 4-5-4-21-27 FS $849,500- 4871 Akai Pl 11,486 sqft 1,772 3/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3974 Punahele last sold for $230K in 11/79, and is now listed for $1.130M. This one owner – never before listed home was built in 1974.

Newly listed is 5076 Kamamalu Loop for $1.5M. The most recent sale was for land in 12/02 for $245K. The house was built in 04.

Back on the Market:

4125 Kekuanaoa Lane, priced at $1.190M, went into escrow on 5/24 and is now back on the market. This home sold for $1.180M in 9/05.

Sales:

Short sale 3670 Albert, priced at $999K after selling for $1.125M in 1/07, closed at $937K cash.

Price Changes:

3953 Aloalii Drive was priced at $2.525M and is now $2,499,999. The prior sale was for $1/8M in 4/07.

4871 Akai Place is now $849,500 down from $870K. The sellers bought this home in 10/05 for $860K.

Today is the “Ultimate Sunday Brunch” the 27th Annual Taste of Kauai. This delicious event is a fund raiser for the Rotary Club of Kapaa and is not to be missed. If you’ve never been, make it a point to get tickets for next year’s event, which always takes place in the beginning of June. It truly is the premiere food event in the Islands.

So far this month we’ve had 23 sales on our way to meeting or beating the 101 posted in Jun 14. We’re off to a good start!

Questions? You know who to ask for the facts before buying or selling. Have a great week and enjoy your Paradise wherever it may be.

Aloha Elaine

IMG_454652708
Beautiful Hanalei

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.trulia.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Kauai May 2015 Market Statistics

Aloha from Princeville Kauai,

May 15 ended with an even 100 sales which is an 11% decrease from the 112 sales posted in May 14. The month started out a bit sluggish but closed with a BANG!! – hopefully an indication of a runaway summer. Of the 100 sales, 51 were single family homes, down from 47 sold in May 14, 10 were land which was really off from the 28 sold the same time last year, with condos staying steady with 39 sales, only 2 off of May 14.
For last 6 years, May 2015′s sales are the second highest while the lowest number of sale for a May was in 2010 with only 53.

Year to date is low compared to May 14 which had 443 sales. As of the end of May 15 there were 380 sales. The lowest year to date for the last 6 years was, once again, year to date May 10 with only 272 sales.

As expected, since sales were down, sales volume is also down by 13%, from $72.4M sold last May to $62.6M sold this past May. Interestingly, year to date sales volume is up, going from $283.9M year to date for May 14 to $305.1M in sales for year to date May 15. Year to date May 10 had $146.7M in sales, May 11 had $190.6M in sales, year to date May 12 posted $200.2M with year to date 2013 posting $232.3M in sales.

As for median price, it is up for residential, going from $530K to $615K. Condos are also up slightly, going from $385K to $390K. Only land median is down – from $397,500 in May 14 to $330K in May 15. Keep in mind, these are median and not average sales costs.

If you want to see the full MLS statistical report as compiled by the Hawaii Information, just click here to go to my website where I post it each month.

Until next month, enjoy your Paradise, wherever it may be.

Aloha Elaine

WP_20150525_16_53_13_Pro
An overcast day in Hanalei Valley.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.trulia.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………


rss feed

technorati fav

Aloha!

Elaine

Elaine Schaefer (R)
Broker in Charge
Certified Residential Specialist
Accredited Buyer's Representative
Graduate, Realtor's Institute

Cellular:
808.639.2935
Fax:
808.440.4552
Email:
soldonkauai@gmail.com
Web:
KauaiRealEstateNow.com

RE/MAX Kauai
Princeville Resort Office
5-4280 Kuhio Hwy. Suite 203
Princeville HI 96722

E-Mail

Want to receive my blog posts via e-mail? Click here to subscribe.

Meta