Kauai August 2014 Market Statistics

Aloha,

We’re heading towards the end of September so it’s high time I got to the Kauai August Market Statistics. Coming back from vacation the end of August threw me off my stride as I was met with the usual round of laundry, snail mail, bills, etc that piles up when traveling. While I got everything organized and caught up in due time, somehow the monthly stats slipped by.

Aug 13 and Aug 14 had exactly the same number of sales – which was 87. That leads to a year to date number of 713 compared to 674 end of Aug 13. We have a slight lead over 2013 but not by much. Still, it is a great improvement considering there were only 44 sales in Aug 09 and 60 in Aug 10. Things improved slightly in Aug 11 with 68 sales and again in Aug 12 with 73 sales.

Sales volume tells a different story with a 17% increase from Aug 13 to Aug 14. There were $50M in sales for 13 and $59M for 14. Sales volume has been steadily increasing since 2011 which had $30M in sales for the month and Aug 12 had $40M. I still wonder how we survived 09 which only posted $21M in sales! Year to date we are at $455M, up from $371M this time last year.

The only increase in median sales price for Aug 14 was in condos which went from $274K to $300K. Residential went from $685K in Aug 13 to $521,500 for Aug 14 with land posting a small decrease, going from $309K in Aug 13 to $295K for Aug 14. Keep in mind these are median prices, not averages.

For the full MLS statistical report, please click here to go to my website where I post it every month. Question? Don’t hesitate to text or email. I want to be sure you have the facts before buying or selling.

Aloha Elaine

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Sunrise yesterday.

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

Princeville Kauai condo / house update for the week of Sep 14th to Sep 20th

Aloha,

I hate to sound like a broken record – well, not really – but yet another sunny, hot and humid week in Princeviile Kauai has gone by. Yes, another great beach week. Also a good snorkel week (at least from what I can see from my Princeville condo) as the ocean continues to be like one huge bathtub! If you didn’t want to move to Kauai before, it should be at the top of your “to-do” list if you’ve been spending time here the last few weeks. Some of our best weather seems to be in August / September and this year is no exception.

I’ve heard complaints that it’s just w–a–y too humid (which it is as trades have been nonexistent to light) but I still love it. I’m fortunate, with a front and back lanai, to have steady breeze coming through no matter how light the trades. Although I love to see the waterfalls brought by rain, a good beach day is always the best. Now, on to your Princeville Kauai real estate update below:

NEW LISTINGS

277133 CND A 4 4-5-3-6-22-75 FS $895,000 Kaiulani #75 1,892 #75 2/2.01
277061 CND A 1 4-5-4-5-16-13 FS $520,000 Alii Kai #2201 1,086 #2201 2/2.00

BACK ON THE MARKET

269840 CND A 248 4-5-4-5-16-34 FS $685,000 Alii Kai #4302 1,086 #4302 2/2.00

CONTINGENT SALES

267862 CND C 303 4-5-4-12-5-16 FS $719,000 Pali Ke Kua #116A 717 #116A 1/1.00

SALES

275842 CND S 7 4-5-4-5-24-30 FS $699,000 Nihilani #10C 1,874 #10C 3/2.01
SOLD 9/15/2014 for $660,000 (CASH) DOM 7

269191 CND S 197 4-5-4-6-1-28 FS $749,000 Villas Of Kamalii #28 1,825 #28 3/3.00
SOLD 9/17/2014 for $740,000 (CNV) DOM 197

EXPIRED

272057 CND X 180 4-5-4-5-16-37 FS $639,000 Alii Kai #5101 1,086 #5101 2/2.00

PRICE CHANGES

275155 CND A 73 4-5-4-5-7-34 FS $445,000- Sealodge #D5 570 #D5 1/1.00
275790 CND A 54 4-5-4-6-1-33 FS $739,000- Villas Of Kamalii #33 1,825 #33 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:

Ka’iulani 75 is now listed for $895K. Purchased for $899,440 from the developer in 4/07, this townhome was previously listed from 1/11 to 1/12, starting at $994K and reducing to $899K and again from 10/13 to 4/14 for $875K. Ali’i Kai 2201 is new on the market priced at $520K after selling for $420K in 5/09.

Back on the Market:

Ali’i Kai 4302, a top floor ocean view condo, is unfortunately back on the market priced at $685K, after going into escrow on 7/12. This unit sold for $150K in 4/99.

Contingent:

Ocean view Pali Ke Kua 116 found a buyer while priced at $719K and 303 market days. This unit was purchased for $415K in 3/01.

Sales:

Nihilani 10C took only 7 days to go into escrow, and sold this week for $660K cash while listed for $699K. The prior sale was from the developer in 9/07 for $750K. Villas of Kamali’i 28 sold for $740K while listed for $749K. This townhome sold previously for $690K in 9/04.

Expired:

Ali’i Kai 5101, with a price tag of $639K, expired after 180 days on the market. This end unit ocean view condo sold for $595K in 5/04.

Price Changes:

Sealodge D5 reduced from $460Kto $445K. The seller purchased this ocean view condo last July for $435K. Villas of Kamali’i reduced to $739K from $749K, and last sold for $640K last October. Now on to your Princeville Kauai single family home update.

NEW LISTINGS

277118 RES A 4 4-5-4-18-54 FS $965,000 4537 Emmalani Dr 10,603 sqft 1,632 3/2.00
275795 RES A 3 4-5-4-18-52 FS $1,375,000 4555 Emmalani Dr 10,371 sqft 3,482 3/3.01

BACK ON THE MARKET

268499 RES A 306 4-5-4-10-17 FS $870,000 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01

CONTINGENT SALES

268963 RES C 287 4-5-4-14-25 FS $1,195,000 3933 Kamehameha Rd 20,414 sqft 2,720 4/3.00

WITHDRAWN

270034 RES W 282 4-5-4-16-33 FS $565,000 5020 Emmalani Dr 10,500 sqft 2,388 #0 3/3.00
268420 RES W 239 4-5-4-19-3 FS $1,295,000 5068 Napookala Cir 23,685 sqft 3,266 4/3.01

PRICE CHANGES

275393 RES A 66 4-5-4-8-46 FS $1,495,000- 5055 Kapiolani Lp 12,526 sqft 3,072 5/3.00

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:

4537 Emmalani Drive is new on the market since selling as a lot in 6/93 for $165K. The home, which was built in 95, is listed for $965K. Also new on Emmalani is 4555 listed for $1.375M. This golf course home last sold for in 6/02 for $600K and was built in 88. If you’re looking for golf course frontage these are two nice homes from which to choose.

Back on the Market:

After going into escrow on 9/8, 5275 Honiki, priced at $870K, is back on the market. This home, which was built in 93, last sold for $385K in 7/98.

Contingent:

3933 Kamehameha found a buyer while priced at $1.195M. The list price is the same amount the home was purchased for in 10/05.

Withdrawn:

Short sale 5020 Emmalani Drive, priced at $565K, was withdrawn. Th seller purchased this home for $525K in 9/03. 5068 Napookala, priced at $1.295M, was withdrawn after 239 market days and no takers. The prior sale was for land in 2/99 for $190K. The home was built shortly thereafter in 99.

Price Changes:

5055 Kapiolani Loop, which sold for $295K in 9/88, reduced from $1.555M to $1.495M. This ocean view home was built in 72.

Some buyers are unaware that Princeville is in a “Visitor Destination Area” also known as a “VDA.” Generally speaking, vacation rentals are only permitted in VDA’s. If you are seeking an investment that you can vacation rent, you need to make sure your property is located in a VDA, or is one of the few properties outside of a VDA that was grandfathered in and can be legally vacation rented.

You also should be aware that with some recent changes in the real property tax structure, as a vacation rental you will be paying much higher taxes than a long term rental or owner occupant. For 2014/15 the owner occupant tax rate is $3.05 per $1000 of taxable assessed value, for long term it is $6.05 and vacation rental is $8.85.

Any questions? – You know who to ask. I’m here so you get the facts before buying or selling.

Aloha Elaine

We’ve been having some beautiful sunsets.

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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 the week of Sep 7th to Sep 13th

Aloha,

We’re had another amazing week of calm waters (at least as seen from my Princeville condo) light trades, sunshine and humidity. It’s a perfect time to go to Anini and find a cool spot to lay in the water. The other option is air conditioning! Some people are surprised to learn our warmest temps are in August and September. We love it though – gives us a perfect excuse for a beach day.

As for real estate, it was a relatively quiet week with one escrow in homes and two closings. Your update is below:

NEW LISTINGS

276782 CND A 4 4-5-4-5-17-2 FS $399,990 Alii Kai #8B 1,020 #8B 2/2.00

SALES

271694 CND S 129 4-5-3-11-1-35 FS $648,900 Villas On The Prince #35 1,732 #35 3/3.00
SOLD 9/10/2014 for $629,900 (CNV) DOM 129

PRICE CHANGES

276000 CND A 33 4-5-4-15-21-23 FS $349,000- Sandpiper #123 1,042 #123 2/2.00
274629 CND A 78 4-5-4-5-3-3 FS $350,000- Paniolo #103 1,058 #103 1/2.00
272057 CND A 177 4-5-4-5-16-37 FS $639,000- Alii Kai#5101 1,086 #5101 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:

Ali’i Kai 8B is new on the market priced at $399,990 after selling for $285K in 6/03.

Sales:

Villas on the Prince 35 was priced at $648,900 and closed at $629K. The townhome was previously purchased for $562K in 5/03.

Price Changes:

Sandpiper 123, which was listed for $359K, decreased by $10K to $349K. It was purchased for $251K in 3/11. Paniolo 103 last sold for $218,500 in 8/12 and just reduced to $350K down from $380K. Ocean view Ali’i Kai 5101 reduced from $679K to $639K. The seller purchased this ground floor unit in 5/04 for $595K.

Now on to your update for Princville Kauai single family homes:

NEW LISTINGS

276857 RES A 3 4-5-4-17-18 FS $849,000 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01

CONTINGENT SALES

268499 RES C 299 4-5-4-10-17 FS $870,000 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01

SALES

272397 RES S 113 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00
SOLD 9/8/2014 for $818,000 (CNV) DOM 113

PRICE CHANGES

274904 RES A 74 4-5-4-15-13 FS $749,000- 3841 Haulani Pl 10,409 sqft 2,016 3/2.00
270286 RES A 226 4-5-4-14-28 FS $995,000- 3907 Kamehameha Rd 17,070 sqft 2,863 3/2.00
274184 RES A 101 4-5-4-13-80 FS $1,165,000- 3670 Albert Rd 12,314 sqft 3,060 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:

4944 Emmalani returns to the market with a slightly higher price of $849K. This home, which was purchased for $315K in 8/99, was previously listed from 1/13 to 8/14, starting at $895K and reducing to $829K during the life of the listing.

Contingent:
5275 Honoiki went into escrow while priced at $870K. The last sale was in 7/98 for $385K. The home was built in 93.

Sales:
The golf course home at 4266 Waileia Place sold for $818K while listed for $859K. Purchased in 3/03 for $589K, this home was built in 1999.

Price Changes:

3841 Haulani reduced from $779K to $749K. The seller paid $775K for this home in 2/07. 3907 Kamehameha was purchased for $380K in 10/98, and reduced this week from $1.095M to $995K. 3670 Albert Road, a two story home with partial ocean views, reduced from $1.175M to $1.165M. The prior sale was for $1.125M in 1/07.

That’s it for this week. So far we’ve had 25 sales on our way to matching or surpassing the 81 from last September. We’ll just have to wait and see what the rest of the month brings. Please let me know if you have any questions. That’s why I’m here, so you get the facs before making a move!

Aloha Elaine

Bananas for web

hanalei church for web

Mountains for web

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 the week of Aug 31st to Sep 6th

Aloha,

This past week in Princeville Kauai has been simply beautiful with sunshine and blue skies – and quite a bit of high temps and humidity. That’s very easily remedied here by a trip to the beach. It seems buyers may have been there enjoying the holiday week as there was only one new escrows in condos. We did see some new listings and a couple of properties move closer to closing. Take a look for yourself:

NEW LISTINGS

276647 CND A 4 4-5-4-15-21-61 FS $399,990 Sandpiper 224 1,173 #224 2/2.01
276721 CND A 4 4-5-4-5-4-8 FS $449,000 Mauna Kai #8A 1,503 #8A 2/2.00

BACK ON THE MARKET

271175 CND A 184 4-5-4-5-39-72 FS $349,000 Cliffs #3204 917 #3204 1/2.00

CONTINGENT SALES

263776 CND C 465 4-5-4-12-10-6 FS $479,000 Emmalani Court #214 1,192 #214 2/2.00

UNDER CONTRACT

269191 CND U 197 4-5-4-6-1-28 FS $749,000 Villas Of Kamalii #28 1,825 #28 3/3.00
271129 CND U 84 4-5-4-6-1-17 FS $770,000 Villas Of Kamalii #17 1,761 #17 3/3.00

EXPIRED

254962 CND X 815 4-5-4-5-12-3 FS $399,999 Sealodge #F3 556 #F3 1/1.00

WITHDRAWN

267217 CND W 338 4-5-4-5-39-79 FS $480,000 Cliffs #3303 1,137 #3303 2/2.00
254851 CND W 678 4-5-4-12-11-49 FS $1,295,800 Puu Poa #407 1,784 #407 2/2.00

PRICE CHANGES

274086 CND A 95 4-5-3-6-22-8 FS $1,475,000- Kaiulani #8 2,864 #8 3/3.01
275375 CND A 52 4-5-4-5-18-70 FS $345,000- Puamana #19D 1,298 #19D 2/2.00
275155 CND A 59 4-5-4-5-7-34 FS $460,000- Sealodge #D5 570 #D5 1/1.00

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:

Sandpiper 224 is new priced at $399,990 after selling for $125K in 8/00. Mauna Kai 8A last sold for $525K in 9/04 and is now available for $449K. It was recently listed from 5/13 to 5/14 for $450K.

Back on the Market:

Cliffs 3204, which expired on 8/21 while price at $349K, is back on the market. This second floor unit was purchased for $380K in 1/08.

Contingent:

Short sale Emmalani Court 214 found a buyer while priced at $479K. The prior sale was for $763K in 6/07.

Under Contract:

Two of the Villas of Kamali’i units went from contingent to under contract at the same time: #28, priced at $749K sold previously for $690K in 9/04 and #17, priced at $770K last sold for $605K in 7/03. These townhomes went into escrow on 7/16 and 7/14 respectively.

Expired:

Sealodge F3 expired while priced at $399,999 and 815 market days. This unit was purchased for $125K in 5/99.

Withdrawn:

Cliffs 3303, priced at $480K was withdrawn after 338 market days. It sold for $315K as a leasehold in 10/04, converting to fee simple in 5/06 for $109,553. Pu’u Po’a 407, which sold for $285K in 12/95, was withdrawn from the market after 678 market days priced at $1,295,800.

Price Changes:

Ka’iulani 8 was listed for $1,499,999 when it reduced to $1.475M this week. The townhome was purchased for $1.225M last May. Puamana 19D reduced slightly from $350K to $345K. The prior sale was for $465K in 5/05. Sealodge D5, which was recently purchased for $435K in 7/13, reduced from $475K to $460K.

Now on to your Princeville Kauai home update:

NEW LISTINGS

276659 RES A 1 4-5-4-17-14 FS $1,495,000 4825 Emmalani Dr 12,290 sqft 2,942 4/3.01
276525 RES A 2 4-5-4-9-34 FS $3,250,000 4225 Kekuanaoa Ln 15,125 sqft 3,276 3/3.00

BACK ON THE MARKET

254151 RES A 728 4-5-4-7-34 FS $2,875,000 3824 Punahele Rd 17,151 sqft 5,095 5/6.01

UNDER CONTRACT

273943 RES U 71 4-5-4-24-8 FS $789,900 4222 Waileia Pl 8,943 sqft 1,960 2/2.01
272397 RES U 113 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00

WITHDRAWN

266845 RES W 333 4-5-4-23-15 FS $675,000 4839 Moli Pl 7,486 sqft 1,291 3/2.00

PRICE CHANGES

273367 RES A 120 4-5-4-10-22 FS $1,225,000- 4078 Liholiho Rd 10,200 sqft 2,515 3/3.02

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:

4825 Emmalani returns to the market priced at $1.495M after selling for $318K in 5/03 for the land. This golf course home with a pool, was previously listed from 3/07 to 10/08, starting at $2.4M, and dipping to $1.998M before increasing up to $209.8M; from 4/10 to 7/10 and from 2/11 to 10/11 for $1.850M. 4225 Kekuanaoa Lane is newly listed at $3.250M. The land was purchased for $870K in 10/00 and the home was built two years later.

Back on the Market:

Priced at $2.875M, 3824 Punahele is back on the market after expiring with 724 market days. The prior sale was for land in 1/01 to $195K.

Under Contract:

4222 Waileia Place, priced at $789,900 moved to under contract after going contingent on 8/6. The prior sale was for land in 9/05 for $430K. 4266 Waileia Place is now under contract after going into escrow on 7/23. It is priced at $859K and was previously purchased for $589K in 3/03.

Withdrawn:

4839 Moli Place was withdrawn after 333 market days priced at $675K. The seller purchased this home for $500K in 10/10.

Price Changes:

4978 Liholiho last sold as land in 5/97 for $85K. The home, which was built in 2003, reduced from $1.275M to $1.225M.

Last August there were 81 sales. We’re off to a slow start this August with only 7 sales as of today, Sunday. We’ll see how the month goes.

If you’ve been on Kauai in Princeville recently, you may have noticed that Pali Ke Kua has a new restaurant (again) called Hideaways Pizza Pub. We decided to walk over and give it a try, and did so just in time to enjoy the sunset from the Pali Ke Kua bluff. If you’re looking to purchase or do a vacation rental with great sunset views, Pali Ke Kua is one of the best complexes.

There were just enough clouds to prevent a green flash as the sun disappeared over the horizon, but the resulting pink clouds around an almost full moon was beautiful.

We went into the restaurant and checked out the menu. They certainly have much more than just pizza. There is Pasta, Surf and Turf, appetizers, soups, salads – pretty much the works. We had a pizza which was ok. Service was attentive and friendly. It’s always fun trying someplace new especially when it’s within walking distance of home.

If you’re thinking of buying or selling your own home / condo / land, and have questions, you know who to ask. I’m here to make sure you get the facts before buying or selling. Have a great week!

Aloha Elaine

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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 the week of Aug 24th to Aug 30th

Aloha,

Happy Labor Day Weekend! I hope you are out enjoying the magnificent weather – no matter where you are. Here on Kauai Mother Nature is serving up blue skies and very warm humid weather, perfect for a weekend at the beach. That’s where we’ll be headed tomorrow to celebrate with everyone else.

If you are familiar with Kauai, you know there are a multitude of beaches to choose from, no matter what side of the Island you’re exploring. Some of my favorites on the North Shore are Anini, Kalihiwai and Hanalei – or we may decide to hike down from Princeville to the Sealodge beach or hike down from the Cliffs to check out the turtles.

This was one of the few weeks where there were no new listings in either houses or condos. However, there were several sales and new escrows so it’s all good. Take a look for yourself:

CONTINGENT SALES

272508 CND C 142 4-5-4-12-8-27 FS $673,000 Pali Ke Kua #131/2 1,148 #131/​2 2/2.00
271129 CND C 89 4-5-4-6-1-17 FS $770,000 Villas Of Kamalii #17 1,761 #17 3/3.00

SALES

272814 CND S 0 4-5-4-15-21-74 FS $289,000 Sandpiper #237 1,173 #237 2/2.01
SOLD 8/25/2014 for $275,000 (CASH) DOM 0

EXPIRED

267866 CND X 300 4-5-4-12-5-2 FS $799,000 Pali Ke Kua #102A 717 #102A 1/1.00

PRICE CHANGES

265963 CND A 381 4-5-3-11-1-21 FS $695,000- Villas On The Prince #21 1,737 #21 3/3.00
275139 CND A 54 4-5-3-6-22-74 FS $829,000- Kaiulani #74 1,892 #74 2/2.01
275836 CND A 31 4-5-4-5-23-6 FS $499,000- Plantation #212 1,153 #212 2/2.00
275199 CND A 54 4-5-4-5-23-40 FS $575,000- Plantation #1022 1,318 #1022 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.

Contingent:

Pali Ke Kua 131 was priced at $673K when it found a buyer this week. Purchased in 11/02 for $450K, this condo was initially listed for $693K, reducing to $673K on 8/11, after which it went into escrow after 137 market days. Villas of Kamali’i 17 last sold for $605K in 7/03. It went into escrow after 84 market days priced at $770K.

Sales:

Sandpiper 237 sold for $275K cash while listed for $289K. This top floor condo, which was purchased for $391K in 7/08, came on the market showing as in escrow.

Expired:

Pali Ke Kua 102 expired after 300 days priced at $799K. It sold for $795K in 4/05.

Price Changes:

Villas on the Price reduced from $697,500 to $695K this week. It was purchased for $575K in 1/03. Ka’iulani 74 reduced from $849K to $829K. This townhome sold from the developer in 4/07 for $898,250. Plantation 212 is now priced at $499K, down slightly from $509K. This downstairs unit was purchased for $560K in 3/07. Plantation 1022, which just sold for $589K in 6/14, reduced from $589K to $575K.

Now on to your Princeville home update:

BACK ON THE MARKET

272166 RES A 152 4-5-4-16-14 FS $1,169,000 4047 Kaahumanu Pl 13,215 sqft 2,581 3/3.00

CONTINGENT SALES

275028 RES C 53 4-5-4-10-42 FS $975,000 5332 Honoiki Rd 10,068 sqft 2,907 3/2.00
275483 RES C 36 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01

SALES

271732 RES S 126 4-5-3-12-33 FS $1,195,000 3998 Aloalii Dr 9,823 sqft 3,800 4/4.01
SOLD 8/27/2014 for $1,095,000 (CASH) DOM 126

268925 RES S 130 4-5-4-16-30 FS $675,000 4988 Emmalani Dr 12,969 sqft 2,659 3/3.00
SOLD 8/29/2014 for $608,000 (CNV) DOM 130

PRICE CHANGES

274096 RES A 92 4-5-3-11-32 FS $1,345,000- 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
268933 RES A 257 4-5-4-10-10 FS $699,000- 4115 Kekuanaoa Ln 9,969 sqft 1,228 3/2.00
270286 RES A 212 4-5-4-14-28 FS $1,095,000- 3907 Kamehameha Rd 17,070 sqft 2,863 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.

Back on the Market:

4047 Kaahumanu Place, priced at $1.169M, went into escrow on 8/19 and unfortunately fell out again on 8/25. The prior sale was for $1,295,500 in 12/05.

Contingent:

After 53 days, 5332 Honoiki went into escrow with a list price of $975K. The last sale was for land at $25,100 in 4/73. (Amazing to think of land only costing $25K!) 4181 Kamalani Lane had been in escrow but fell out on 8/13. It had the good fortune to go back into escrow on 8/25 while listed for $1.095M. This home sold for $555K in 12/05.

Sales:

3998 Aloalii sold for $1.095M while priced at $1.195M. The prior sale was for $660K in 8/05 for land. Estate sale 4988 Emmalani sold for $608K while listed for $675K. The prior sale was for $825K in 3/04.

Price Changes:

4066 Aloalii reduced from $1.395M to $1.350M. The prior sale was for $325K in 8/03 for land. 4115 Kekuanaoa was priced at $739K but reduced to $699K this week. This home sold as an estate sale for $600,250 in 6/08. 3907 Kamehameha Road, which was purchased for $380K 10/98 reduced from $1.139M to $1.095M.

As of today, Sunday, there have been 84 sales, which is one shy of matching the 85 sales last August. We’ll have to wait until Tuesday or Wednesday to see if there are any more properties that closed late last week that have not yet been recorded on the MLS. We just may break last August’s record after all.

I hope you have a great holiday weekend. Real estate questions? Let me know. Just send a text or email. I’m here so you get the facts before buying or selling. That’s it for this week.

Aloha Elaine

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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 the week Aug 17th to 23rd

Aloha,

There are still buyers out there as evidenced by the two new condo and two home escrows. There have been 58 sales so far this month and with 32 homes currently under contract (contingencies have been removed) and an additional 149 in escrow, there are sure to be several more before the month is up. Take a look at this week’s activity:

NEW LISTINGS

276121 CND A 2 4-5-3-11-1-32 FS $669,000 Villas On The Prince #32 1,737 #32 3/3.00
274600 CND A 2 4-5-4-5-7-21 FS $529,000 Sealodge #C1 746 #C1 2/2.00

BACK ON THE MARKET

263776 CND A 451 4-5-4-12-10-6 FS $479,000 Emmalani Court #214 1,192 #214 2/2.00

CONTINGENT SALES

267702 CND C 292 4-5-4-5-30-13 FS $450,000 Mauna Kai #F23 1,478 #F23 3/2.00
270140 CND C 213 4-5-4-11-3-29 FS $675,000 Hanalei Bay Resort #H23 1,324 #H-23 2/2.00

EXPIRED

271175 CND X 181 4-5-4-5-39-72 FS $349,000 Cliffs #3204 917 #3204 1/2.00
246904 CND X 367 4-5-4-5-27-17 FS $413,000 Hale Honu #9A 1,085 #9A 3/1.01
246908 CND X 363 4-5-4-5-18-76 FS $499,500 Puamana #21B 1,425 3/2.00

PRICE CHANGES

263776 CND A 451 4-5-4-12-10-6 FS $479,000+ Emmalani Court #214 1,192 #214 2/2.00
275792 CND A 26 4-5-4-5-16-7 FS $500,000- Alii Kai #1203 1,085 #1203 2/2.00
273350 CND A 106 4-5-4-5-39-137 FS $634,000- Cliffs #5307 1,137 #5307 2/2.00
273117 CND A 115 4-5-4-12-3-4 FS $650,000- Hanalei Bay Villas #4 1,248 #4 2/2.01
268117 CND A 248 4-5-4-12-11-6 FS $1,095,000- Puu Poa #106 2,079 #106 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 32 is on the market at $669K after selling for $545K in 2/03. The condo was listed previously from 5/08 to 4/09 starting at $980K and reducing to $895K and again from 4/13 to 12/13, starting at $769K and dropping to $749K.

Sealodge C1 returns to the market priced at $529K. The prior listing was from 8/10 to 8/11 with a list price of $590K, decreasing to $525K. The unit was purchased for $195K in 7/99.

Back on the Market:

Short sale Emmalani Court is back on the market with a new price of $479K up from $449K. The prior sale was for $763K in 6/07.

Contingent:

After 287 market days, Mauna Kai F23 went into escrow with a list price of $450K. The prior sale was for $570K in 12/06. Also finding a buyer was Hanalei Bay Resort 5207/08 which sold previously as a bank REO for $483,280 in 7/10. It is currently listed for $675K.

Expired:

Cliffs 3204, priced at $349K, expired after 181 days. This condo was purchased for $380K in 1/08. Also expiring is Hale Honu 9A while priced at $413K with 367 market days. The last sale was for $180K in 6/02. Puamana 21B was purchased for $70K as leasehold property in 4/99 then converted to fee simple in 5/00 for $35,700. It was listed for $499,500 when it expired after 363 market days.

Price Changes:

As noted above, Emmalani Court 214 increased from $449K to $479K. Ali’i Kai 1203 went from $535K to $500K. The last sale was for $136K in 10/80.

Cliffs 5307, which offers ocean views, reduced from $649K to $634K. This top floor condo sold for $470K in 7/04. Hanalei Bay Villas 4 was priced at $699K then reduced to $650K. The free standing condo last sold for $845K in 7/08. Pu’u Po’a 106 reduced from $1.195M to $1.095M after 243 market days. This one owner condo was purchased for $189,500 in 8/96. Next is your Princeville home update which consists of two homes that went into escrow:

CONTINGENT SALES

275001 RES C 29 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
272166 RES C 145 4-5-4-16-14 FS $1,169,000 4047 Kaahumanu Pl 13,215 sqft 2,581 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.

Contingent:

4074 Nalani Lane came back on the market on 8/11 an went quickly into escrow while priced at $698K. The prior sale was for $38,500 for land in 3/86. While priced at $1.169M, 4047 Kaahumanu Place found a buyer. The prior sale was for $1,295,500 in 12/05.

That’s it for Princeville homes and condos this week! Any questions, you know who to ask.

Aloha Elaine

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We saw so many amazing buildings, places, statues in Austria. This is the Melk Abbey in Melk.

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 the week of Aug 10th to Aug 16th

Aloha,

As you may have guessed by now, I’m traveling and am currently in Austria. We were in Venice today and wanted to take one of the horse drawn carriage rides that we saw throughout the Plaza. Since the ride was 40 minutes long, we had plenty of opportunity to chat with the driver. He answered all our questions about the history of various building then said he had a question of his own.

It was quite amusing that upon learning that we were from Hawaii, he asked if it was true that the favorite food in Hawaii was canned meat! We chuckled to ourselves and told him he must be talking about Spam!

Yes, Hawaii’s love affair with Spam has apparently traveled all the way to Vienna! We assured him that while Spam was quite popular it was not the only meat available. He actually seemed relieved then repeated “Spam…..Spam….. several times to himself so he would remember it.

Now on to your weekly update:

NEW LISTINGS

276000 CND A 5 4-5-4-15-21-23 FS $359,000 Sandpiper #123 1,042 #123 2/2.00

BACK ON THE MARKET

268158 CND A 283 4-5-4-5-18-4 FS $449,500 Puamana #1D 1,298 #1D 2/2.00

CONTINGENT SALES

275842 CND C 11 4-5-4-5-24-30 FS $699,000 Nihilani #10C 1,874 #10C 3/2.01

SALES

255428 CND S 5 4-5-4-5-3-18 FS $229,000 Paniolo #203 1,058 #203 1/2.00
SOLD 8/15/2014 for $236,000 (CNV) DOM 5

269997 CND S 129 4-5-4-5-4-17 FS $499,888 PMauna Kai #7B 2,807 #7B 3/3.00
SOLD 8/13/2014 for $465,000 (CNV) DOM 129

PRICE CHANGES

275182 CND A 40 4-5-3-6-22-3 FS $1,349,000- Kaiulani #3 2,843 #3 3/3.01
274086 CND A 74 4-5-3-6-22-8 FS $1,499,999- Kaiulani #8 2,864 #8 3/3.01
274784 CND A 47 4-5-4-5-16-10 FS $419,000- Alii Kai #2102 1,086 #2102 2/2.00
265174 CND A 229 4-5-4-5-16-17 FS $649,000- Alii Kai #3101 1,086 #3101 2/2.00
272508 CND A 128 4-5-4-12-8-27 FS $673,000- Pali Ke Kua #131/2 1,148 #131/​2 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:

Sandpiper 123 is new on the market for $359K since selling for $251K in 3/11.

Back on the Market:

Puamana 1D is back on the market priced at $449,500. The condo was purchased for $345K in 8/03.

Contingent:

It only took 7 days for Nihilani 10C priced at $699K to go into escrow. The prior sale was from the developer in 9/07 for $750K.

Sales:

Short sale Paniolo 203 closed for more than the list price of $229K at $236K. The unit had been purchased for $445K in 7/05. Mauna Kai 7B was priced at $499,888 when it sold for $465K. The seller purchased this condo for $625K in 10/04.

Price Changes:

The developer’s Ka’iulani 3 reduced to $1.349M from $1.479M. Ka’iulani 8, a resale, reduced from $1,599,750 to $1,499,999. This unit just sold in 5/13 for $1.225M.

Ali’i Kai 2102, which last sold for $599K in 8/05, reduced from $460K to $419K. Also reducing is Ali’i Kai 3101, now $649K down from $695K. The last sale was for $325K in 10/01.

Pali Ke Kua 1131, which had been priced at $693K reduced to $673K. It sold previously for $450K in 11/02.

Now on to your Princeville home update:

BACK ON THE MARKET

275001 RES A 22 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
275483 RES A 22 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01

CONTINGENT SALES

274747 RES C 47 4-5-4-15-3 FS $1,395,000 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.00

SALES

270294 RES S 100 4-5-4-16-84 FS $1,179,000 4100 Nalani Ln 10,542 sqft 2,643 3/2.02
SOLD 8/11/2014 for $1,100,000 (CASH) DOM 100

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

Back on the Market:

4074 Nalani Lane is now back on the market after a brief absence. The list price is still $698K and the last sale was for land in 3/86 for $38,500.

4181 Kamalani Lane went into escrow within 18 days and came back on the market jn only 2 days still priced at $1.095M. The prior sale was $555K in 7/00.

Contingent:

After only 47 days, the vacation rental home at 3979 Kamehameha found a buyer while priced at $1.395M. The seller purchased this home in 4/08 for $1,236,100.

Sales:

4100 Nalani Lane closed for $1.1M cash while listed for $1.179M. The last sale was for land in 11/02 for $210K.

We’re at 38 sales and are on our way to meeting or exceeding the 87 from last August. If you have questions about any of these properties or Kauai real estate in general, please do not hesitate to email. That’s why I’m here, so you get the facts before buyin gor selling.

Aloha Elaine

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InstagramCapture_0cc47610-d998-41a6-93ff-4379ca130262_jpg
Hiking in Hallstatt, Austria.

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 the week of Aug 3rd to Aug 9th

Aloha,

I’m happy to report that Kauai did not suffer any major damage due to the two reported hurricanes that were in the area. Fortunately, Iselle hit the Big island as a tropical storm instead of a hurricane and Julio went North of the Islands. Civil defense issued flash flood warnings but it’s much better news than having a hurricane on your doorstep.

Despite the trepidation over the possibility of two hurricanes hitting the Islands, there were still some buyers willing to brave the weather. Although there were no new condo escrows, there were several new listings and closings. Homes did very well with two properties going into escrow. Here is your update:

NEW LISTINGS

275921 CND A 5 4-5-3-11-1-6 FS $669,900 Villas On The Prince #6 1,737 #6 3/3.00
275953 CND A 2 4-5-4-12-2-17 FS $439,750 Hale Moi #117 1,033 #117 1/2.00
275842 CND A 4 4-5-4-5-24-30 FS $699,000 Nihilani #10C 1,874 #10C 3/2.01

SALES

264084 CND S 385 4-5-4-5-30-7 FS $399,900 Mauna Kai #F7 1,280 #F7 2/2.00
SOLD 8/8/2014 for $350,000 (CASH) DOM 385

273276 CND S 21 4-5-4-5-7-3 FS $469,000 Sealodge #A3 755 #A3 2/2.00
SOLD 8/5/2014 for $435,000 (CNV) DOM 21

273672 CND S 48 4-5-4-5-3-23 FS $498,800 Paniolo #210 1,058 #210 1/2.00
SOLD 8/5/2014 for $470,000 (CNV) DOM 48

WITHDRAWN

268472 CND W 254 4-5-4-11-3-15 FS $945,000 Hanalei Bay Resort #C25 1,705 #4204/​5/​6 3/3.00

PRICE CHANGES

218823 CND A 2053 4-5-4-12-5-8 LH $532,500- Pali Ke Kua #108A 717 # 08 1/1.00
270407 CND A 186 4-5-4-5-18-76 FS $535,900- Puamana #21B 1,426 #21B 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:

Villas on the Prince 6 is back as a new listing for $669,900. It was previously listed from 2/12 to 8/12 for $719K, again from 11/12 to 4/13, starting at $719K and reducing to $709K, and finally for $679K from 1/14 to 6/14. The last sale was for $725K in 3/05.

Hale Moi 117 is now listed for $439,750. It sold in 6/99 for $109K. Nihilani 10 hit the market this week at $699K, the first time it’s been listed since selling from the developer in 9/07 for $750K

Sales:

Mauna Kai F7 closed for $350K cash while listed for $350K. This condo was purchased as bank REO in 9/11 for $245K.

Sealodge A3 closed for $435K while listed for $469. The condo sold for $400K in 7/13.

Paniolo 210 sold for $470K while listed for $498,800. This condo was previously purchased for $112K as a leasehold in 6/01, converting to fee simple in 5/03 for $50K.

Withdrawn:

After 245 market days, Hanalei Bay Resort 4204/5/6/ was withdrawn with a list price of $945K. The seller paid $1.064M for this condo in 4/05.

Price Changes:

Leasehold Pali Ke Kua 108 decreased from $579K to $532,500 after 2048 market days. The prior sale was for $469Kin 3/02.
Puamana 21B went from $545,900 to $535,900. This condo sold as a leasehold for $70K in 4/99 and converted to fee simple in 7/00 for $35,700. Now on to your Princeville Kauai home update:

BACK ON THE MARKET

265720 RES A 361 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

CONTINGENT SALES

273943 RES C 74 4-5-4-24-8 FS $789,900 4222 Waileia Pl 8,943 sqft 1,960 2/2.01
274972 RES C 33 4-5-4-13-34 FS $1,500,000 3564 Kaweonui Rd 14,070 sqft 3,361 5/4.01

EXPIRED

236176 RES X 724 4-5-4-6-12 FS $550,000 4154 Lei O Papa Rd 11,369 sqft 1,544 2/2.00

WITHDRAWN

259959 RES W 578 4-5-4-17-18 FS $829,000 4944 Emmalani Dr 10,500 sqft 2,100 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.

Back on the Market:

3981 Aloali’i Drive, priced at $1.450M, is back on the market after expiring last week. The prior sale was for $1,729,632 in 7/08.

Contingent:

4222 Waileia Place found a buyer after 71 days priced at $789,900. This home last sold as land in 9/05 for $430K.
It only took 29 days for 3564 Kaweonui, priced at $1.5M, to go into escrow. The prior sale was for land in 3/98 for $160K.

Expired:

4154 Lei O Papa, priced at $550K, expired after 724 days. It was purchased for $645K in 2/07.

Withdrawn:

4944 Emmalani Drive has been on the market 578 days, priced at $829K when it was withdrawn this week. The prior purchase was for $315K in 8/99.

We’re off to a good start for August with 22 sales so far. Let’s hope it keeps up this way. Any questions, just send an email.

Aloha Elaine

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Hiked to these falls in Hallstatt, Austria.

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 July 2014 Market Statistics

Aloha,

July 14 was one of the few months that did not meet or surpass stats from the prior year, coming in with only 82 sales compared to 93 last July, a 12% decrease. Residential sales were down from 40 to 35 and condos 38 to 30. Still, even with only 82 sales, it is higher than 09 with 49 sales, 10 with 58, 11 with 59 and 12 with 72 sales.

Year to date, we are ahead by 6% with 624 sales to date, compared to 586 this time last year. Over the last 6 years, the low year was 09 with only 260 sales year to date.

Although the number of sales is down, sales volume is up by 26%, with $52M sold in July 14 compared to only $41M sold in July 13. Year to date we are ahead by 23% with $397M in sales compared to $321M in sales this time last July. To get an idea of how far we’ve come, consider that at the end of year to date July 09, there had only been $168M in sales.

Median sales prices are generally up, going from $432,500 for residential in July 13 to $495,000 in July 14. Condos went from $276,250 in July 13 to $378,500 this July. Land was slightly down, going from $270,000 July 13 to $260,000 for this July. Keep in mind these are median and not average pricing.

To see the full statistical report, please click here to go to my website where I post the full MLS report. Questions? Just send me an email.

Aloha Elaine

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A visit to the Lippizaner Stud Farm in Piper, Austria, where horses for the Spanish Riding School in Vienna are raised.

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 the week of Jul 27th to Aug 2nd

Aloha,

July 14 fell way short of 93 sales which was the record for July 13. This month recorded only 80 sales, although a few more could be posted the beginning of the week. Here is your activity for the week just past:

NEW LISTINGS

275836 CND A 3 4-5-4-5-23-6 FS $509,000 Plantation #212 1,153 #212 2/2.00
275792 CND A 5 4-5-4-5-16-7 FS $535,000 Alii Kai #1203 1,085 #1203 2/2.00
275767 CND A 4 4-5-4-5-23-63 FS $559,000 Plantation #1621 1,318 #1621 3/3.00
275790 CND A 5 4-5-4-6-1-33 FS $749,000 Villas Of Kamalii #33 1,825 #33 3/3.00
275439 CND S 0 4-5-4-15-21-20 FS $344,000 Sandpiper #120 1,042 #120 2/2.00
SOLD 7/29/2014 for $344,000 (CASH, CNV) DOM 0

BACK ON THE MARKET

272612 CND A 110 4-5-4-5-18-35 FS $425,000 Puamana #10A 1,510 #10A 2/2.00

SALES

275439 CND S 0 4-5-4-15-21-20 FS $344,000 Sandpiper #120 1,042 #120 2/2.00
SOLD 7/29/2014 for $344,000 (CASH, CNV) DOM 0

267179 CND S 284 4-5-4-5-17-34 FS $390,000 Alii Kai#12B 1,020 #12B 2/2.00
SOLD 7/28/2014 for $385,000 (CASH) DOM 284

271347 CND S 0 4-5-4-5-24-36 FS $671,727 Nihilani #12C 1,972 #12C 3/3.00
SOLD 7/31/2014 for $671,727 (CNV) DOM 0

PRICE CHANGES

267862 CND A 254 4-5-4-12-5-16 FS $719,000- Pali Ke Kua #116A 717 #116A 1/1.00
271347 CND S 0 4-5-4-5-24-36 FS $671,727+ Nihilani #12C 1,972 #12C 3/3.00
SOLD 7/31/2014 for $671,727 (CNV) DOM 0

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 212 makes it’s first appearance on the MLS since selling for $560K in 3/07. It is listed for $509K. Ali’i Kai 1203 is on the market for the first time since it was purchased in 10/80 for $135K. The list price if $535K.

Plantation 1612 is newly listed with a price of $599K after selling from the developer for $499K in 5/06.

Also new this week is Villas of Kamali’i 33 which sold recently in 10/13 for $640K. The current price is $749K. Sandpiper 120 came on the market priced at $344K showing as sold for the list price. The prior sale was for $439K in 2/05.

Back on the Market:

Puamana 10A went into escrow on 7/21 and unfortunately fell back out this week. It is still listed for the list price of $425 which is exactly what the seller paid for the unit in 11/13.

Sales:

As noted under new listings, Sandpiper 120 came on the MLS showing as sold for $344K. Ali’i Kai 12B sold for $385K cash while listed for $390K. The seller purchased this unit for $235K in 2/01.

The developer’s Nihilani 12C closed for the list price of $671,727. They only have one more unit to sell and then they’ll have completed the project. The price on this unit increased from $665K to the price noted above probably because of upgrades during construction.

Price Changes:

Pali Ke Kua 116 is now $719K down from $739K. The prior sale of this unit was in 3/01 for $415K. As previously noted, Nihilani 12C increased from $665K to $671,727 as closing.

Now on to your Princeville Kauai home update which was relatively brief:

NEW LISTINGS

275643 RES A 4 4-5-4-24-14 FS $769,000 4260 Waileia Pl 9, 529 sqft 1,632 3/2.00
275674 RES A 5 4-5-4-19-10 FS $1,599,000 5136 Napookala Cir 15,023 sqft 2,440 3/3.00

SALES

265031 RES S 290 4-5-4-13-13 FS $1,295,000 3647 Kaweonui Rd 10,836 sqft 2,879 4/3.00
SOLD 8/1/2014 for $1,100,000 (CASH) DOM 290

EXPIRED

265720 RES X 357 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

PRICE CHANGES

274595 MTF, RES A 46 4-5-4-6-14 FS $949,000- 4140 Lei O Papa Rd 18,861 sqft 1,634 2/3.00
268963 RES A 238 4-5-4-14-25 FS $1,195,000- 3933 Kamehameha Rd 20,414 sqft 2,720 4/3.00

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:

4260 Waileia Place is a new listing priced at $769K. It was purchased for $665K in 3/07. 5136 Napookala, which sold as land in 4/14 for $430K is now listed as a new home to be constructed by March 2015. The asking price is $1.599M.

Sales:

Ocean view 3647 Kaweonui sold for $1.1M cash while listed for $1.295M. The property sold previously for $730K in 12/02.

Expired:

After 357 market days, 3981 Aloali’i expired while priced at $1.450M. The prior sale was for $1,729,632 in 7/08.

Price Changes:

4140 Lei O Papa reduced from $1.150M to $949K. This property was purchased for $500K in 5/13 and extensively remodeled. There was a price reduction from $1.249M to $1.195M on 3933 Kamehameha which sold previously for $1.195M in 10/05.

Last August posted 87 sales and we’ve had 4 so far. We’ll just have to wait and see if August picks up some strength and surpasses last year. If you have any questions about these or any other Kauai properties, just drop me an email. I’m here to make sure you get the facts before buying or selling.

Aloha Elaine

graz
Graz, Austria

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
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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
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KauaiRealEstateNow.com

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

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