Princeville Kauai condo and house update for the week of Jul 20th to Jul 26th

Aloha,

There was quite a bit of activity across the board this past week, in both homes and condos. Nice to see something happening! Today, statistically, we are at 65 sales as we heard towards the target number of 95. Hopefully, all this activity will help us in beating that number. Take a look:

NEW LISTINGS

275487 CND A 2 4-5-3-6-22-72 FS $879,900 Kaiulani #72 1,892 #72 2/2.01
274793 CND A 5 4-5-4-12-9-1 FS $549,000 Pali Ke Kua #5 993 #5 2/2.00
275570 CND A 5 4-5-4-12-3-13 FS $750,000 Hanalei Bay Villas #13 1,244 #13 2/2.00

BACK ON THE MARKET

270140 CND A 186 4-5-4-11-3-29 FS $675,000 Hanalei Bay Resort #H23 1,324 #H-23 2/2.00

CONTINGENT SALES

272612 CND C 104 4-5-4-5-18-35 FS $425,000 Puamana #10A 1,510 #10A 2/2.00
275184 CND C 18 4-5-4-5-4-9 FS $439,000 Mauna Kai #9A 1,503 #9A 2/2.00

SALES

270858 CND S 111 4-5-4-5-13-29 FS $399,000 Kamahana #29 1,240 #29 2/2.00
SOLD 7/24/2014 for $372,000 (CNV) DOM 111

273282 CND S 24 4-5-4-12-5-9 FS $645,000 Pali Ke Kua Incr#109A 717 #109A 1/1.00
SOLD 7/24/2014 for $620,000 (CASH) DOM 24

272018 CND S 96 4-5-4-5-24-35 FS $675,000 Nihilani #12B 1,874 #12B 3/2.01
SOLD 7/21/2014 for $675,000 (CNV) DOM 96

PRICE CHANGES

265963 CND A 347 4-5-3-11-1-21 FS $697,500- Villas On The Prince #21 1,737 #21 3/3.00
267702 CND A 265 4-5-4-5-30-13 FS $450,000- Mauna Kai #F23 1,478 #F23 3/2.00
264548 CND A 396 4-5-4-5-23-64 FS $539,000+ Plantation #1622 1,318 #1622 3/3.00
275199 CND A 20 4-5-4-5-23-40 FS $589,000- 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.

New Listings:

Ka’iuani 72, which was listed before from 2/08 to 4/08 for $1.295M and again from 12/10 to 1/12 for $890K, is now back on the market priced at $879,900. The prior sale was from the developer in 4/07 for $857,270.

Pali Ke Kua 5 returns to the market this week priced at $549K. This two bedroom mountain view condo sold previously for $500K in 10/04. It was last listed for $525K from 6/13 to 9/13.

Also returning is Hanalei Bay View 13 with a list price of $750K. This free standing condo last sold for $235K in 5/99 and was listed previously from 9/08 to 5/09 for $895K after which it was withdrawn.

Back on the Market:

Hanalei Bay Resort 5207/08 returned to the market still priced at $685K after expiring this week. The condo sold as a bank REO in 7/10 for $483,280.

Contingent:

Puamana 10A was priced at $425K as it went into escrow this week after 99 market days. This is exactly what the seller paid for this unit in 11/13. Mauna Kai 9A took only 13 days to find a buyer with a list price of $439K. The prior sale was for $315K in 10/10.

Sales:

Kamahana 29, a successful vacation rental priced at $399K sold for $372K. It was previously purchased for $$78K in 7/05. Ocean view Pali Ke Kua 109 was listed for $645K and sold for $620K cash. It only took 24 days to find a buyer. This condo was bought for $621,400 in 12/03. One of the developer’s few remaining Nihilani units, 12B, sold for the asking price of $675K.

Price Changes:

Villas on the Prince 17 went from $715K to $697,500. The prior sale was for $575K in 1/03. Mauna Kai F23 reduced $45K, going from $495K to $450K. It sold for $570K in 12/06.

Plantation 1622 increased from $499K to $539K after 390 market days. It sold previously for $399,901 in 8/12 as a bank owned property. Plantation 1022 just sold in 6/14 for $589K. It reduced this week from $599K to $589K. No idea why it is back on the market having just sold. Now on to your Princeville Kauai home update:

NEW LISTINGS

275325 RES A 5 4-5-4-24-13 FS $888,000 4254 Waileia Pl 9,572 sqft 1,627 3/3.00
275483 RES A 2 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01

BACK ON THE MARKET

270000 RES A 187 4-5-4-16-87 FS $899,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00

CONTINGENT SALES

274612 RES C 29 4-5-4-15-9 FS $599,000 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
272397 RES C 117 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00

EXPIRED

265450 RES X 163 4-5-4-16-20 FS $1,150,000 4066 Kaahumanu Pl 11,857 sqft 2,961 3/3.01

TEMPORARILY WITHDRAWN

275001 RES T 17 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00

PRICE CHANGES

268192 RES A 143 4-5-4-10-43 FS $1,199,000- 5340 Honoiki Rd 10,181 sqft 2,257 4/3.00
268499 RES A 251 4-5-4-10-17 FS $870,000- 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01
274612 RES C 29 4-5-4-15-9 FS $599,000- 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
274184 RES A 53 4-5-4-13-80 FS $1,175,000- 3670 Albert Rd 12,314 sqft 3,060 3/2.01
271829 RES A 132 4-5-4-19-1 FS $1,199,500- 4165 Liholiho 25,212 sqft 3,235 4/2.01

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:

4254 Waileia Place is now listed for $888K after selling for $500K in 8/02. 4181 Kamalani Lane is a new listing priced at $1.095M. It was last purchased for $553K in 7/00. The home was built in 1987.

Back on the Market:

4120 Nalani returned to the market after expiring. This home was purchased for $700K in 8/08 and is priced at $899K.

Contingent:

Short sale 3821 Haulani Place had another price reduction to $599K down from $635K after which it went into escrow this week. It last sold for $800K in 5/06. 4266 Waileia Place is back in escrow priced at $859K. The last sales price for this home was $589K in 3/03.

Expired:

4066 Kaahumanu expired while priced at $1.150M. The prior sale was for land in 6/04 for $450K.

Temporarily Withdrawn:

4074 Nalani with a list price of $698K has been withdrawn after only 17 market days. The last sale of this property was in 1/86 for the land for a price of $38,500. The home was built in 87.

Price Changes:

5340 Honoiki went from $1.295K down to $1.199M. The prior sale price was $500K in 5/01. 5275 Honoiki has been on the market 246 days, and this week it made a price adjustment of $5K, going from $875K to $870K. This home was purchased for $385K in 7/98. As noted under contingent, 3821 Haulani reduced to $599K.

After 50 market days, 3670 Albert reduced from $1.2M to $1.175M. This home was purchased for $1.125M in 1/07. 4165 Liholiho reduced from $1.295K to $1.1995M. The last sale of this home was for $1.050M in 7/11.

Buyers keep hearing – as do I – about the many great loans that are out there. Recently, I was hoping to convert a condo tenant to a property owner and found 100% financing for them. While they qualified, the property, unfortunately, did not.

There are many ins and outs to obtaining financing for your intended purchase. When it comes to condos, many condo buyers don’t realize that to obtain the preferred interest rates and points, condos have to meet certain guidelines set by Fannie Mae, Freddie Mac, FHA, or VA. Even if you are an owner occupant your condo has to “qualify.” And if you’re an investor, it’s a whole different ballgame.

I’m not saying you can’t get a loan but I am saying you need to explore your financial options before jumping into the real estate game. If you’re thinking of a making a purchase and have not yet seen your lender, I strongly encourage you to do so. My second recommendation is that you contact a local lender. If you need help with finding a lender, please let me know as I can refer your to several.

Remember, preparation is half the battle. Don’t miss a good opportunity because your financing was not in order.

Aloha Elaine

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Flowers found in Chudleigh, Devon, UK

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 13th to Jul 19th

Aloha,

Princeville condos continue to perform at a good pace with three new escrows this week. Homes were less active with several new listing but only one went into escrow. Here is you update for this past week:

NEW LISTINGS

275375 CND A 3 4-5-4-5-18-70 FS $350,000 Puamana #19D 1,228 #19D 2/2.00
275380 CND A 61 4-5-4-5-24-34 FS $575,000 Nihilani #12A 1 #12A 2/2.00
275370 CND A 4 4-5-4-6-1-50 FS $759,000 Villas Of Kamalii #50 1,825 #50 3/3.00
275223 CND C 5 4-5-4-15-21-54 FS $325,000 Sandpiper #217 1,173 #217 2/2.01

CONTINGENT SALES

271694 CND C 131 4-5-3-11-1-35 FS $648,900 Villas On The Prince #35 1,732 #35 3/3.00
275223 CND C 5 4-5-4-15-21-54 FS $325,000 Sandpiper#217 1,173 #217 2/2.01
269191 CND C 200 4-5-4-6-1-28 FS $749,000 Villas Of Kamalii #28 1,825 #28 3/3.00

SALES

271542 CND S 0 4-5-4-5-7-36 FS $460,000 Sealodge #D7 746 #D7 2/2.00
SOLD 7/7/2014 for $485,000 (CASH) DOM 0

PRICE CHANGES

270107 CND A 166 4-5-4-5-7-9 FS $325,000- Sealodge #B1 566 #B1 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:

Puamana 19D is listed for $350K after selling for $465K in 5/05. The developer’s Nihilani 12A returned to the market priced down at $575K from $595K. Villas of Kamali’i 50 last sold for $620K in 4/04, and came on the market this week for $759K.

Sandpiper 217 is new on the market priced at $325K. The prior sale was for $350K in 2/10. It was only on the market for 3 days before going into escrow. You’ll see it listed under “contingent.”

Contingent:

Villas on the Prince 35 was on the market for 130 days when it went into escrow priced at $648,900. It sold from the developer in 5/03 for $562K.

As noted above, Sandpiper 217 quickly found a taker. Villas of Kamali’i 28 found a buyer after 197 market days priced at $749K. It last sold for $690K in 9/04.

Sales:

Sealodge D7 came on the market showing a list price of $460K with a sale price of $485K cash. The prior purchase was for $720K in 3/05.

Price Changes:

Sealodge B1 reduced from $340K to $325K and last sold for $110K in 5/00. Now on to your Princeville home update:

NEW LISTINGS

275499 RES A 2 4-5-4-16-72 FS $1,185,000 4436 Emmalani Dr 10,034 sqft 3,444 4/3.00
275355 RES A 5 4-5-4-20-3 FS $1,395,000 5121 Kapiolani Lp 30,742 sqft 1,989 3/3.00
275393 RES A 3 4-5-4-8-46 FS $1,550,000 5055 Kapiolani Lp 12,526 sqft 2,586 5/3.00

CONTINGENT SALES

271732 RES C 131 4-5-3-12-33 FS $1,195,000 3998 Aloalii Dr 9,823 sqft 3,800 4/4.01

UNDER CONTRACT

270294 RES U 100 4-5-4-16-84 FS $1,179,000 4100 Nalani Ln 10,542 sqft 2,643 3/2.02

WITHDRAWN

268856 RES W 221 4-5-4-16-46 FS $1,450,000 4133 Rooke Pl 11,036 sqft 3,368 4/4.00

PRICE CHANGES

266845 RES A 289 4-5-4-23-15 FS $675,000- 4839 Moli Pl 7,486 sqft 1,291 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:

4436 Emmalani returns to the market with a new lower price of $1.185M after selling for $990K in 10/03. The home, which was built in 03, was previously on the market from 3/08 to 11/08 starting at $1.788M and reducing to $1.588M and again from 4/13 to 2/14 during which time it was priced at $1.285M.

5121 Kapiolani Loop sold for $1.3M in 3/13 and came on the market this week priced at $1.395M. Also new on Kapiolani is the home at 5055 listed for $1.055M. Built in 72, this home last sold for $295K in 9/88.

Contingent:

After 128 market days, 3998 Aloali’i, priced at $1.195M went into escrow. The prior sale was for land in 8/05 for $660K. The home was built in 06.

Under Contract:

4100 Nalani went from contingent to under contract and should be closing soon. Listed for $1.179K the prior sale was of the land in 11/02 for $210K.

Withdrawn:

4133 Rooke Place was priced at $1.450M when it was withdrawn after 221 market days. The prior sale was for $323K in 6/03. The house was built in 04.

Price Changes:

A price change from $699K to $675K went into effect this week for 4839 Moli Place, which last sold for $500K in 10/10.

As of today, Sunday, there have been 43 transactions. The target number is 93. With 167 properties in escrow and another 40 under contract, I’ll go out on the limb and say I think we’ll meet or exceed that number. Stay tuned to find out!

If you have questions about these or any other Kauai properties, please do not hesitate to email or text. That’s why I’m here, so you get the facts before buying or selling. Hope your Sunday is filled with Sun – it’s pouring here today. Maybe the sun will show it’s face later today.

Aloha Elaine

Check out these two beauties:

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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………

Kauai faces limited growth – Thegardenisland.com: Local

Kauai faces limited growth – Thegardenisland.com: Local.

Princeville Kauai condo/house update for the week of Jul 6th to Jul 12th

Aloha,

Here we are on July 13th with 31 sales already, well on our way to the magic number of 93, which is how many properties traded hands last July. This was a very busy week with plenty of new listings, some new escrows, closings, price changes – well, a little bit of everything. Take a look:

NEW LISTINGS

275139 CND A 5 4-5-3-6-22-74 FS $849,000 Kaiulani #74 1,892 #74 2/2.01
275182 CND A 5 4-5-3-6-22-3 FS $1,479,000 Kaiulani #3 2,843 #3 3/3.01
275173 CND A 5 4-5-3-6-22-7 FS $1,549,000 Kaiulani #7 2,864 #7 3/3.01
275184 CND A 3 4-5-4-5-4-9 FS $439,000 Mauna Kai #9A 1,503 #9A 2/2.00
275155 CND A 3 4-5-4-5-7-34 FS $475,000 Sealodge #D5 570 #D5 1/1.00
275199 CND A 5 4-5-4-5-23-40 FS $599,000 Plantation #1022 1,318 #1022 3/3.00
275347 CND A 1 4-5-4-12-11-45 FS $1,750,000 Puu Poa #403 1,752 #403 2/2.00

CONTINGENT SALES

267179 CND C 288 4-5-4-5-17-34 FS $390,000 Alii Kai #12B 1,020 #12B 2/2.00
273672 CND C 57 4-5-4-5-3-23 FS $498,800 Paniolo #210 1,058 #210 1/2.00

SALES

268586 CND S 144 4-5-4-12-3-14 FS $679,000 Hanalei Bay Villas #14 1,244 #14 2/2.00
SOLD 7/11/2014 for $630,000 (CNV) DOM 144

265703 CND S 288 4-5-4-12-9-24 FS $699,000 Pali Ke Kua #234 1,135 #234 2/2.00
SOLD 7/7/2014 for $685,000 (CASH) DOM 288

272806 CND S 3 4-5-4-6-1-49 FS $735,000 Villas Of Kamalii #49 1,825 #49 3/3.00
SOLD 7/9/2014 for $728,000 (CNV) DOM 3

WITHDRAWN

271350 CND W 56 4-5-4-5-24-34 FS $595,000 Nihilani #12A 1,406 #12A 2/2.00

PRICE CHANGES

275199 CND A 5 4-5-4-5-23-40 FS $599,000+ 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.

New Listings:

Ka’iulani 74 returns to the market priced at $849K after selling from the developer for $898,250 in 4/07. It was previously listed from 7/09 to 12/09 for $979K, from 2/10 to12/10 starting at $879K and reducing to $799,950 again from 8/12 to 12/12 for $749K and most recently from 9/13 to 12/13 for $849K.

The developer’s Ka’iulani 3 returned to the market priced at $1.479M. This townhome has been listed 4 times before, starting in 12/06. The highest list price was $1.995M in 08 while the lowest was $1.350M in 2012. Returning with #3 is another of the developer’s units, Ka’iulani 7 priced at $1.549M. Like unit 3, this townhome has been listed 4 times before with a high of $1.995M in 08 to a low of $1.395M in 2011.

Mauna Kai 9A is listed for $439K after selling for $315K in 10/10. Sealodge D5 was recently purchased for $435K in 7/13 and is returning a year later priced slightly higher at $475K.

Plantation 1022 sold just last month for $589K on 6/5/14. It wasted no time coming back on the market priced first at $598K then correcting to $599K. Unknown why it is being re-sold so soon.

Top floor Pu’u Po’a 403 makes it’s first MLS appearance as a new listing priced at $1.750M since selling for $1.761M in 6/06.

Contingent:

Ali’i Kai 12B found a buyer while listed for $390K. The prior sale was for $235K in 2/01. Upstairs Paniolo 210 went into escrow with a list price of $498,800. The seller purchased this condo as a leasehold unit in 6/01 for $112K and converted it to fee simple in 5/03 for $50K.

Sales:

Hanalei Bay Villas 14 was purchased for $630K while listed for $679K. The prior sale was for $235K in 2/96.

Ocean view Pali Ke Kua 234 closed for $685K cash while listed for $699K. The prior purchase was for $160K in 11/95 as a leasehold and converted to fee simple for $43,800 in 12/99.

Villas of Kamali’i took only 3 days to find a buyer, and closed this week at $728K while listed for $735K. This town home was purchased from the developer in 10/03 for $509.400.

Withdrawn:

The developer’s sole remaining Nihilani, unit 12A, priced at $595K was withdrawn from the market after 56 market days.

Price Changes:

As noted under new listings, the price of Plantation 1022 was adjusted from $589K to $599K upon coming on the market. Now on to your Princeville Kauai home update:

NEW LISTINGS

275001 RES A 5 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
275028 RES A 4 4-5-4-10-42 FS $975,000 5332 Honoiki Rd 10,068 sqft 2,907 3/2.00
274972 RES A 5 4-5-4-13-34 FS $1,500,000 3564 Kaweonui Rd 14,070 sqft 3,361 5/4.01

BACK ON THE MARKET

272397 RES A 102 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00
269086 RES A 208 4-5-4-18-20 FS $999,000 4173 Kalani Pl 10,630 sqft 3,464 3/3.01
268963 RES A 217 4-5-4-14-25 FS $1,249,000 3933 Kamehameha Rd 20,414 sqft 2,720 4/3.00

SALES

265764 RES S 255 4-5-4-24-11 FS $790,000 4240 Waileia Pl 12,336 sqft 2,181 3/2.00
SOLD 7/10/2014 for $745,000 (CNV) DOM 255

267125 RES S 260 4-5-4-9-62 FS $1,095,000 5371 Honoiki Rd 16,710 sqft 0 3/3.00
SOLD 7/10/2014 for $1,055,000 (CASH) DOM 260

PRICE CHANGES

274612 RES A 14 4-5-4-15-9 FS $635,000- 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
268933 RES A 208 4-5-4-10-10 FS $739,000- 4115 Kekuanaoa Ln 9,969 sqft 1,228 3/2.00
273624 RES A 53 4-5-4-21-17 FS $825,000- 4910 Akai Pl 13,548 sqft 2,106 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:

We have three brand new, never before listed homes this week: 4074 Nalani makes it’s first appearance priced at $698K. The prior sale was for land in 3/86 for $38,500. The house was built the following year.

Also newly listed is 5332 Honoiki, priced at $975K for a golf course home with mountain and ocean views. This home is also within walking distance of the amenities at Hanalei Bay Resort and the beach. The prior sale was for the land back in 4/73 for $25,100. The home was built in 1974.

3564 Kaweonui offers some ocean and valley views for $1.5M. The prior sale was for land in 3/98 for $160K. The home was built later that year.

Back on the Market:

More homes fell out of escrow this week – 4266 Waileia Place went into escrow on 6/26 priced at $859K and came back on the market. 4172 Kalani went into escrow on 6/16 while priced at $999,000 and is also unfortunately, back on the market. After expiring last week, 3933 Kamahameha is back on the market at the same price of $1.249M.

Sales:

4240 Waileia Place was purchased as a short sale in 3/11 for $585K, and sold this week for $745K while priced at $790K. That was certainly a good buy for the seller!

5371 Honoiki also yielded a profit although it was owned quite a bit longer. This home sold for $375K in 4/02 and closed for $1.055M while priced at $1.095M.

Price Changes:

Short sale 3821 Haulani Place reduced from $699K to $674K after only 11 market days. It then reduced from $674K to $635K the following day. The seller purchased this 2 bedroom home in 5/06 for $800K.

4115 Kekuanaoa Lane reduced from $799K to $739K after 206 market days. It sold previously for $600,250 in 6/08. 4910 Akai Place made a $50K price reduction, going from $875K to $825K. The last sale of this property was for $460K in 10/02.

As you can see, there was activity on every front this past week. It looks like there are plenty of buyers out there looking and making offers, although not all of them are holding together. I’m surprised the house on Haulani hasn’t sold yet and I expect that the home on Nalani will go quickly. It’s also nice to see some totally new properties on the market instead of the same old ones cycling through again and again.

If you’re interested in any of these or any other Kauai properties, please let me know. I’m here to make sure you get the facts before buying or selling. Have a wonderful week!

Aloha Elaine

Below: Lunch by the pool at the Princeville Westin Resort.

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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 Jun 29th to Jul 5th

Aloha,

I hope everyone is enjoying this long Fourth of July weekend. We’ve had a mix of rain and sunshine but still managed to put in some time at Anini, which you’ll see in the pictures at the end. July is off to a great start with 11 sales already! The target for this month is 93, a number which has been steadily increasing since 2011 when there were only 59 sales. In 2012 there were 72 so we’re moving up for sure.

You’ll see from this week’s update that there was a fair amount of activity in both condos and homes with several new listings in both as well as some sales and contingent properties. Take a look:

NEW LISTINGS

274784 CND A 5 4-5-4-5-16-10 FS $460,000 Alii Kai #2102 1,086 #2102 2/2.00
274871 CND A 4 4-5-4-5-23-39 FS $619,000 Plantation #1021 1,318 #1021 3/3.00
274986 CND A 0 4-5-4-5-16-20 FS $650,000 Alii Kai#3104 1,085 #3104 2/2.00
274984 CND A 5 4-5-4-12-9-28 FS $699,000 Pali Ke Kua #238 993 #238 1/1.01

BACK ON THE MARKET

267179 CND A 281 4-5-4-5-17-34 FS $390,000 Alii Kai#12B 1,020 #12B 2/2.00

CONTINGENT SALES

269840 CND C 171 4-5-4-5-16-34 FS $685,000 Alii Kai #4302 1,086 #4302 2/2.00

SALES

271528 CND S 52 4-5-4-5-18-22 FS $340,000 Puamana #6C 1,298 #6C 2/2.00
SOLD 7/1/2014 for $320,000 (CNV) DOM 52

258893 CND S 503 4-5-4-5-16-53 FS $449,000 Alii Kai #7102 886 #7102 2/2.00
SOLD 5/20/2014 for $420,000 (CASH) DOM 503

EXPIRED

264911 CND X 118 4-5-4-5-16-1 FS $459,000 Alii Kai #1101 1,086 #1101 2/2.00
268071 CND X 228 4-5-4-5-39-186 LH $574,000 Cliffs #8306 1,186 #8306 1/2.00

WITHDRAWN

263014 CND W 434 4-5-4-5-23-39 FS $595,000 Plantation #1021 1,318 #1021 3/3.00

TEMPORARILY WITHDRAWN

269191 CND T 197 4-5-4-6-1-28 FS $749,000 Villas Of Kamalii #28 1,825 #28 3/3.00

PRICE CHANGES

267217 CND A 276 4-5-4-5-39-79 FS $480,000- Cliffs #3303 1,137 #3303 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 2102 is new on the market with a list price of $460K which is quite a bit less than the $599K it sold for in 8/05. Plantation 1021 was withdrawn after 434 market days with no takers while priced at $595K, and immediately relisted with a new price of $619K. The prior sale was from the developer in 12/05 for $533,993. Ali’i Kai 3104 wasted little time in coming back on the market after selling for $612K in 4/13. It is now priced at $650K. Ocean view Pali Ke Kua 238 came quickly back on the market after selling in 4/13 for $559K. It is now listed for $699K.

Back on the Market:

Ali’i Kai 12B went into escrow on 6/1 and unfortunately came back on the market priced at $390K. The unit was purchased for $235K in 2/01.

Contingent:

Ali’i Kai 4301 went into escrow after 168 days priced at $684K. The ocean view unit was purchased for $235K in 2/01.

Sales:

Puamana 6C closed for $320K while priced at $340K. The prior sale was as a leasehold unit in 8/97 for $62,300. It converted to fee simple in 8/00 for $35,700. Ali’i Kai 7102 closed back on 5/20/14 for $420K cash while listed for $449K. The last sale was for $652K in 5/05.

Expired:

Ali’i Kai 1101 was priced at $459K when it expired this week after 118 market days. This ground floor unit last sold for $365K in 12/03. Leasehold Cliffs 8306 expired while priced at $574K after 228 market days. The unit sold previously for $305K in 12/12.

Withdrawn:

As noted under new listings, Plantation 1021 has been withdrawn after 434 market days and relisted with a different agent.

Temporarily Withdrawn:

Villas of Kamali’i 28 was temporarily withdrawn. Priced at $749K, it was purchased for $690K in 9/04 and had been on the market for 197 days.

Price Changes:

Third floor Cliffs 3303 made a slight reduction from $495K to $480K. The previous sale was for a leasehold property in 10/04 in $315K. It converted to fee simple in 5/06 for $108,533. Now on to your Princeville homes update!

NEW LISTINGS

274208 RES A 4 4-5-3-12-9 FS $1,495,000 4001 Aloalii Drive 8,081 sqft 3,461 2/3.00
274904 RES A 4 4-5-4-15-13 FS $779,000 3841 Haulani Pl 10,409 sqft 2,016 3/2.00
273993 RES A 3 4-5-4-9-17 FS $949,000 4206 Liholiho Rd 10,407 sqft 2,263 3/2.01
274747 RES A 5 4-5-4-15-3 FS $1,395,000 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.00

BACK ON THE MARKET

274612 RES A 7 4-5-4-15-9 FS $699,000 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
273993 RES A 3 4-5-4-9-17 FS $949,000 4206 Liholiho Rd 10,407 sqft 2,263 3/2.01

UNDER CONTRACT

265031 RES U 290 4-5-4-13-13 FS $1,295,000 3647 Kaweonui Rd 10,836 sqft 2,879 4/3.00

EXPIRED

268963 RES X 212 4-5-4-14-25 FS $1,249,000 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:

4001 Aloali’i is new on the market priced at $1.495M since selling for $1.450M in 7/08. This QEB home has it’s own pool and opens onto the Prince golf course.

3841 Haulani Place is now on the market at $779K after selling for $775K in 2/07. This home was previously listed from 5/13 to 5/14 for $749K. It was withdrawn after 373 market days.

Due to a change in brokerage 4206 Liholiho shows as coming back on the market after being briefly withdrawn to facilitate the change. It is now on the market priced at $949. The prior sale was for $520K in 8/90. It was previously listed from 11/10 to 2/12, starting at $925K and reducing to $798,888 and again from 2/12 to 2/13 for $798,888.

3979 Kamehameha returns to the market priced at $1.395M. This golf course home last sold for $1,236,100 in 4/08 and has been listed almost continuously since that time. The first appearance was from 8/08 to 1/09 starting at $1.7M, reducing to $1.675M, then from 4/09 to 1/20 for $1.395M, then 1/10 to 4/10 for the same price and finally from 12/10 to 12/11 for $1.449M, during which time it was also offered as a fractional ownership, with all six fractionals available.

Back on the Market:

As noted above, 4206 Liholiho was briefly withdrawn then came back on the market as a new listings.

Short sale 3821 Haulani Place, priced very attractively at $699K came back on the market this week showing as in escrow after being temporarily withdrawn on 6/21. The prior sale was for $800K in 5/06. It then switched to back on the market a day later. No mater how you slice it, it looks like a great little house at a fabulous price.

Under Contract:

3647 Kaweonui went into escrow on 5/5 while priced at $1.295M, and moved to under contract this week. The prior sale of the home was for $730K in 12/02.

Expired:

3933 Kamehameha expired with a list price of $1.249M after selling for $1.195M in 10/05. It was listed for 212 days.

That’s it for this week. It’s another beautiful day in Paradise so if you’re here, head on out to enjoy the day. If you’re not here, and you’d like to be — well I can help you with that too. I’m here to make sure you have the facts before you buy or sell- so don’t hesitate to text or email.

Aloha Elaine

Anini
Peaceful Anini

Chillin in Anini
The best way I know to chill at Anini!

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

Princeville Kauai condo + house update for the week of Jun 22nd to Jun 28th

Aloha,

June 2014 made a valiant effort to meet or exceed June 2013 sales stats but so far, is falling short with 92 sales as of today, Sunday. The record from last June is 98. All we need is 6 closings on Monday!!! I had one scheduled for that day but it unfortunately got set over to July 1! Think we’ll see 6 closings on Monday? I don’t know, but what I do know is that I’m quite impressed with how June rallied. Hopefully the rally will continue into July. Here is what happened this past week:

NEW LISTINGS

274629 CND A 1 4-5-4-5-3-3 FS $380,000 Paniolo #103 1,058 #103 1/2.00

CONTINGENT SALES

264084 CND C 388 4-5-4-5-30-7 FS $399,900 Mauna Kai #F7 1,280 #F7 2/2.00

SALES

270538 CND S 13 4-5-4-5-27-19 FS $349,800 Hale Honu #10A 1,085 #10A 3/2.00
SOLD 6/25/2014 for $349,000 (CASH) DOM 13

268525 CND S 163 4-5-4-12-10-24 FS $499,999 Emmalani Court #412 1,192 #412 2/2.00
SOLD 6/23/2014 for $460,000 (PMM) DOM 163

WITHDRAWN

269883 CND W 163 4-5-3-11-1-6 FS $679,000 Villas On The Prince #6 1,737 #6 3/3.00
273204 CND W 56 4-5-4-6-1-22 FS $899,000 Villas Of Kamalii #22 1,825 #22 3/3.00

PRICE CHANGES

262824 CND A 432 4-5-4-6-1-59 FS $690,000- Villas Of Kamalii #59 1,766 #59 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:

Paniolo 103 is a new to the market since selling for $218,500 in 8/12. It is priced at $380K.

Contingent:

Mauna Kai F7 has been on the market for 385 days. It found a buyer this week while listed for $399,900. The prior sale was as a bank REO for $245K in 9/11.

Sales:

Hale Honu 10B sold for $349K while listed for $349,800. This townhome was purchased as a bank REO for $242K in 8/12. Emmalani Court 412 was purchased for $450K in 3/09 and sold this week for just $10K more for $460K, while listed for $499,999.

Withdrawn:

Villas on the Prince 6, priced at $679K was withdrawn after 163 market days. The last sale was for $725K in 3/05. Villas of Kamali’i 22, priced at $899K, was withdrawn after 56 days. The condo was purchased for $950K in 6/07.

Price Changes:

Villas of Kamali’i 59 reduced slightly from $695K to $690K. The prior sale was for $586K in 4/04. Now on to your Princeville home update which also saw a fair amount of action:

CONTINGENT SALES

272397 RES C 88 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00
267125 RES C 267 4-5-4-9-62 FS $1,095,000 5371 Honoiki Rd 16,710 sqft 0 3/3.00

SALES

272507 RES S 21 4-5-4-8-41 FS $829,000 5079 Kapiolani Lp 14,795 sqft 3,184 4/3.01
SOLD 6/27/2014 for $789,000 (CASH) DOM 21

268377 RES S 142 4-5-4-19-21 FS $899,000 5081 Napookala Cir 15,240 sqft 2,491 3/2.00
SOLD 6/24/2014 for $825,000 (CASH) DOM 142

WITHDRAWN

274244 RES W 23 4-5-4-13-72 FS $945,000 3661 Albert Rd 10,466 sqft 2,655 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.

Contingent:

It only took 87 days for 4266 Waileia Place to go into escrow with a list price of $859K. The home last sold for $589K in 3/03.
5371 Honoiki was priced at $1.095M when it went into escrow this week. The prior purchase price was $375K in 4/02.

Sales:

5079 Kapiolani Loop, which was listed at $829K, sold for $789K cash with only 21 days on the market. 5081 Napookala Circle closed for $825K cash while listed for $899K. This home was purchased for $400K in 1/97.

Withdrawn:
After only 23 market days, 3661 Albert Road priced at $945K was withdrawn from the market. The home was purchased for $850K in 3/13.

That’s it for this week. Hope you have a holiday week filled with warm breezes, sunny skies and most of all – an enjoyable Fourth of July.

Aloha Elaine

IMG_425712228
Last night’s sunset.

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

Princeville Kauai condo + house update for the week of Jun 15th to Jun 21st

Aloha,

It was a V-E-R-Y quiet week for condos with no new listings, no new escrow, no price changes — There was one closing and one unit withdrawn. Take a look for yourself:

SALES

272090 CND S 62 4-5-4-5-18-30 FS $385,000 Puamana #8C 1,298 #8C 2/2.00
SOLD 6/19/2014 for $360,000 (CASH) DOM 62

TEMPORARILY WITHDRAWN

270395 CND T 142 4-5-4-5-27-11 FS $349,000 Hale Honu #6A 1,085 #6A 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:

Puamana 8C last sold for $320K in 11/10. This week it changed ownership for $360K cash while listed with a price of $385K.

Temporarily Withdrawn:

Hale Hone 6A was temporarily withdrawn while listed for $349K. The prior purchase of this unit was for $355K in 2.04.

That’s it for this week. I don’t think I’ve ever seen such a slow condo week in all the years I’ve been doing this blog. Now on to your Princeville Kauai home update which, while not all that busy, easily surpassed the almost non-existent condo activity:

NEW LISTINGS

274595 MTF, RES A 4 4-5-4-6-14 FS $1,150,000 4140 Lei O Papa Rd 18,861 sqft 1,634 2/3.00
274612 RES A 2 4-5-4-15-9 FS $699,000 3821 Haulani Pl 11,253 sqft 1,493 2/2.00

CONTINGENT SALES

269086 RES C 187 4-5-4-18-20 FS $999,000 4173 Kalani Pl 10,630 sqft 3,464 3/3.01

SALES

257178 RES S 530 4-5-4-9-47 FS $1,099,000 5275 Poki’i Ln 13,893 sqft 2,652 3/3.00
SOLD 6/17/2014 for $950,000 (CNV) DOM 530

TEMPORARILY WITHDRAWN

274612 RES T 2 4-5-4-15-9 FS $699,000 3821 Haulani Pl 11,253 sqft 1,493 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:

4140 Lei O Papa sold for $500K in 5/13, and after some updating it is now on the market priced at $1.150M. The “feature” of this property is that it’s zoned R-15, which allows for the building of additional units. 3821 Haulani Place came on the market as a short sale priced at $699K then was withdrawn the next day. This home was purchased for $800K in 5/06.

Contingent:

4173 Kalani Place was listed for $999K when it found a buyer this week. The prior sale was for $800K in 10/10.

Sales:

5275 Pokii Lane sold for $950K while listed for $1.099M. The prior sale was for $460K in 9/89. This open floor plan home offers mountain views along with a peak of Hanelei Bay.

Temporarily Withdrawn:

As noted above, 3821 Haulani Place was withdrawn the day after it came on the market.

That’s it! As of Sunday there have been 64 completed transactions. I doubt we’ll catch up to the 98 posted last June although there are 184 properties currently in escrow and another 43 under contract.

If you have questions about these or any other property, please do not hesitate to ask. Need help with a savvy lender? I can help with that too. There are several excellent lenders / mortgage brokers on Island.

As always, I strongly recommend using a local lender due to their familiarity with the Island and experience with the specific properties and terminology, like CPR, ADU, VDA etc.

While interest rates are still favorable, securing a loan requires jumping through even more hoops. I recently had a lender call for a review of ALL the condo docs – which was a first for me. A good local lender makes the entire process easier.

Enjoy your week and remember to get the facts before buying or selling!

Aloha Elaine

IMG_0975

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 Jun 8th to Jun 14th

Aloha,

Happy Father’s Day on this glorious Sunday to all the fathers out there. If you are here on Island celebrating your day, then you are enjoying a bright, sunny day with white puffy clouds with a good dose of the trades to keep you cool. It’s been good beach weather all week which may be why we didn’t see all that much traffic in condos and homes. A new listing, a couple of sales….take a look for yourself:

NEW LISTINGS

274227 CND A 5 4-5-4-5-39-82 FS $497,000 Cliffs #3306 1,137 #3306 2/2.00

CONTINGENT SALES

270858 CND C 116 4-5-4-5-13-29 FS $399,000 Kamahana #29 1,240 #29 2/2.00

SALES

263326 CND S 303 4-5-3-6-22-25 FS $1,195,000 Kaiulani #25 2,864 #25 3/3.01
SOLD 6/14/2014 for $1,125,000 (CNV) DOM 303

272498 CND S 0 4-5-4-15-21-46 FS $279,000 Sandpiper #209 1,173 #209 2/2.01
SOLD 6/13/2014 for $265,000 (CASH) DOM 0

269669 CND S 99 4-5-4-12-10-34 FS $449,000 Emmalani Court #512 1,192 #512 2/2.00
SOLD 6/13/2014 for $425,000 (CNV) DOM 99

UNDER CONTRACT

268525 CND U 163 4-5-4-12-10-24 FS $499,999 Emmalani Court #412 1,192 #412 2/2.00

PRICE CHANGES

272612 CND A 61 4-5-4-5-18-35 FS $425,000- Puamana #10A 1,510 #10A 2/2.00
272073 CND A 84 4-5-4-5-39-138 FS $669,000- Cliffs At Princeville #5308 1,186 #5308 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:

Top floor, 1 bedroom plus loft Cliffs 3306 is on the market priced at $597K after selling for $412K in 11/04.

Contingent:

Kamahana 29 found a buyer after 111 market days priced at $399K. The prior sale was for $478K in 7/05.

Sales:

Ka’iulani 25 brought a nice profit for the seller, closing at $1.125M after being purchased previously for $995K in 10/10 as a short sale. The list price was $1.195M.

Sandpiper 209, which hit the market showing as a short sale in escrow, finally closed this week for $265K cash while listed for $279K. The unit was purchased for $450K in 2/05.

Emmalani Court 512 sold for $425K with a list price of $449K. The prior sale was for $700K in 5/07.

Under Contract:

Emmalani Court 412 moved from contingent to under contract. Priced at $499,999, this unit was purchased for $450K in 3/09.

Price Changes:

Puamana 10A was purchased for $425K in 11/13 and reduced in price from $438K to $425K. Ocean view Cliffs $5308 was priced at $684,500 and dropped to $669K. The prior sale price was $465,185 in 2/04.

That’s it for this week. Now on to your Princeville home update:

SALES

259659 RES S 497 4-5-4-22-17 FS $995,000 4030 Kaikioewa Pl 12,229 sqft 2,882 3/3.00
SOLD 6/10/2014 for $880,000 (CASH) DOM 497

WITHDRAWN

266994 RES W 255 4-5-4-13-37 FS $1,337,000 3584 Kaweonui Rd 14,685 sqft 2,782 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.

Sales:

4030 Kaikioewa Place closed for $880K while listed for $995K. The home was purchased by the seller for $835K in 9/11.

Withdrawn:

3584 Kaweonui was withdrawn after 255 days priced at $1.337M. The home was purchased for $493,500 in 2/03.

We are halfway through the month and only have 36 sales. Things will have to pick up dramatically if June 14 is going to surpass the 98 sales from last June. Do I think it will happen? I’m not so sure – but I do remain optimistic.

If you are heading towards Princeville today don’t forget there’s a free concern in the Park from 3 to 6 with live music and ono food. “Group Therapy” (we all need a little of that!) will be playing the second half of the afternoon. This is a great rock and roll band that shouldn’t be missed. The event is free – bring your chair and sit on the lawn and enjoy.

…And of course – if you have any questions about Kauai real estate, please do not hesitate to text or email. That’s why I’m here, so you get the facts before buying or selling. Enjoy your beautiful day.

Aloha Elaine

Photo (6)

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

KauaiRealEstateNow.com
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 2014 Market Statistics

Things really picked up this past May, posting 110 sales, which is the highest number for this month since May of 06 which had 165 transactions! Compared to last May, which only had 85 sales, May 14 showed a 29% increase. Good start for the hot summer selling season.

Year to date there have been 441 sales, which is only an 12% increase over this time last year with 395 sales. Vacant land had the biggest increase going from 12 sales last May to 28 this May, while homes and condos posted a 12% and 16% increase respectively.

Overall, it was a good month and huge improvement over what we’ve seen for the past 6 years, where May 09 only posted 37 sales and May 10 had 53. Hopefully, things will continue on with the upswing.

Sales volume is up by 34% with $71,966,957 in sales this past May compared to $53,592,707 last May. Year to date is up 22% with a total of $283,460,431 in sales so far. Last May at this time there were $232,160,345 in sales.

Looking at the actual sales, several land sales at Ku’kuiula contributed to the jump in sale volume for land. Take a look at the land that sold in May:

269520 Waha Road 5/16/2014 $200,000
270822 255 Kamokila Rd 5/14/2014 $230,000
264912 6510 Puupilo Rd 5/16/2014 $280,000
273514 Makanui Hillside 5/9/2014 $300,000
271122 261 Kamokila Rd 5/27/2014 $330,000
266730 Puuopae Rd 5/1/2014 $340,000
218198 Poipu Beach Est 5/29/2014 $355,000
270962 Pau A Laka St 5/16/2014 $375,000
273512 Pau A Laka St 5/9/2014 $395,000
271873 Pau A Laka St 5/29/2014 $395,000
256949 Pa’u A Laka St 5/2/2014 $400,000
268884 Hauiki Road #C 5/15/2014 $425,000
267830 4-1021 Kuhio Hy 5/16/2014 $475,000
273509 101 Melia St 5/14/2014 $530,000
249697 Poipu Aina Est 5/8/2014 $625,000
270021 3052 Lauae Pl 5/10/2014 $698,000
269418 Kukuiula Lot 69 5/13/2014 $775,000
268415 Kukuiula Lot 14 5/9/2014 $995,000
273031 Kukuiula Lot 10 5/30/2014 $1,410,000
272639 Kukuiula Lot 30 5/1/2014 $1,650,000

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

Year to date sales volume for May 12 was $200,238,865; May 11 was $190,691,019; May 10 was $146,724,895 and May 09 had a mere $107,555,106. Quite an improvement!

Median prices for homes only went up 2% from $519,500 in May 13 to $530,000 in May 14. Land went down to $397,500 from $417,500 (remember, this is median and not average pricing), and condos went up 5% from $364,750 to $385,000.

We’re all hopeful the market will continue to trend upwards as we go through the summer which means – if you’ve been sitting on the sidelines waiting to see what will happen, now might be a good time to jump in if you are considering a purchase.

If you have questions about these or any other Kauai listings, please text or email. I’m here so you get the facts. To see the full monthly statistical report as published by the MLS, please click here to go to my website where I post it every month.

Aloha Elaine

Photo (2)
It was an amazing sunrise this morning.

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 May 25th to May 31st

Aloha,

If you’re on Island and looking for something fun to do next Saturday, the 7th, the Hanalei Canoe Club is having it’s annual Haena to Hanalei Run/Walk and Pancake breakfast.

What’s so special about this event is the opportunity to traverse this spectacular 8 miles by foot so you can take in all the views. Plus, there are Pancakes waiting for you at the end.

If you’re interested, just Google “Haena to Hanelei Run” or find it on the Hanaeli Canoe Club website at Hanaleicanoeclub.org. You can still register online until Thursday and get a T-shirt or just show up the day of the race, although a T-shirt is not guaranteed when doing do.

As for real estate: Condos were flying off the shelves when buyers weren’t on the beach enjoying the sun. Only 1 new listing which was offset very nicely by the 5 – yes, count them, 5 units that found buyers. Read on to see which units scored:

NEW LISTINGS

273250 CND A 4 4-5-4-5-18-59 FS $549,000 Puamana #16C 1,298 #16C 2/2.00

CONTINGENT SALES

270538 CND C 18 4-5-4-5-27-19 FS $349,800 Hale Honu #10A 1,085 #10A 3/2.00
273276 CND C 25 4-5-4-5-7-3 FS $469,000 Sealodge #A3 755 #A3 2/2.00
269997 CND C 131 4-5-4-5-4-17 FS $499,888 Mauna Kai #7B 2,807 #7B 3/3.00
273282 CND C 26 4-5-4-12-5-9 FS $645,000 Pali Ke Kua #109A 717 #109A 1/1.00
265703 CND C 291 4-5-4-12-9-24 FS $699,000 Pali Ke Kua Iii #234 1,135 #234 2/2.00

SALES

271780 CND S 6 4-5-4-5-23-33 FS $499,000 Plantation #911 1,153 #911 2/2.00
SOLD 5/27/2014 for $495,000 (Veteran’s Administration (VA)) DOM 6

268922 CND S 107 4-5-4-5-7-27 FS $525,000 Sealodge #C7 748 #C7 2/2.00
SOLD 5/30/2014 for $500,000 (CNV) DOM 107

268103 CND S 91 4-5-4-5-39-175 FS $679,000 Cliffs #8201 963 #8201 1/2.00
SOLD 5/8/2014 for $625,000 (CASH, CNV) DOM 91

PRICE CHANGES

265963 CND A 290 4-5-3-11-1-21 FS $715,000- Villas On The Prince #21 1,737 #21 3/3.00
270407 CND A 116 4-5-4-5-18-76 FS $545,900- Puamana #21B 1,426 #21B 3/2.00
262824 CND A 404 4-5-4-6-1-59 FS $695,000+ Villas Of Kamalii #59 1,766 #59 3/3.00
267862 CND A 191 4-5-4-12-5-16 FS $739,000- Pali Ke Kua #116A 717 #116A 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:

Ocean and golf course view Puamana 16C hit the market priced at $549K. This townhome sold for $349K in 3/02.

Contingent:

3 bedroom Hale Honu 10A went into escrow while listed for $349,800. This unit was purchased as a bank REO for $242K in 8/12 and was then renovated. Ocean view, 2 bedroom Sealodge A3 went into escrow while listed for $469K after only 22 market days. The prior purchase price was for $400K in 7/13.

Mauna Kai 7B is in escrow while priced at $499,888. This 3 bedroom unit was purchased for $625K in 10/04. Pali Ke Kua 109A took only 25 days to go into escrow while priced at $645K. It was purchased by the seller for $621,400 in 12/03. Ocean view Pali Ke Kua 234 was on the market for 290 days when it found a buyer. Priced at $699K, this 2 bedroom unit sold for $160K as a leasehold in 11/95 and converted to fee simple in 12/99 for $43,800.

Sales:

Vacation rental Plantation 911 was listed for $499K and sold for just slightly less at $495K in on 6 days. This unit was purchased for $405K in 10/05 from the developer. Sealodge C7 which was priced at $525K sold for $500K. The previous sale was for $435K in 5/03.

Ocean view Cliffs 8201 closed for $625K while listed for $679K. This unit has one of the best, if not the best, ocean views in the complex. The prior sale was for $1.075M which is a record for the Cliffs.

Price Changes:

Villas of Kamali’i 59 increased in price from $650K to $695K. The last sale was for $586K in 4/04. Golf course and ocean view Puamana 21B which last sold as a leasehold for $70K in 4/99, converting to fee simple for $35,700 in 7/00, made a slight reduction from $549,900 to $545,900.

Villas on the Prince 21 was purchased for $575K in 1/03. This unit reduced from $798,500 to $779K. Ocean view Pali Ke Kua 116 was purchased for $415K in 3/01 and decreased in price from $759K to $739K.

Now on to your Princeville home update, which saw very minimal activity – just 3 new listings and 3 price reductions:

NEW LISTINGS

274096 RES A 1 4-5-3-11-32 FS $1,395,000 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
273943 RES A 4 4-5-4-24-8 FS $789,900 4222 Waileia Pl 8,943 sqft 1,960 2/2.01
273993 RES A 5 4-5-4-9-17 FS $949,000 4206 Liholiho Rd 10,407 sqft 2,263 3/2.01

PRICE CHANGES

274096 RES A 1 4-5-3-11-32 FS $1,395,000+ 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
268963 RES A 177 4-5-4-14-25 FS $1,249,000- 3933 Kamehameha Rd. 20,414 sqft 2,720 4/3.00
267688 RES A 226 4-5-4-9-55 FS $1,490,000- 5331 Honoiki Rd 10,689 sqft 2,554 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:

4066 Aloalii returns to the market priced at $1.395M after selling for $325K as land in 8/03. This home has been listed 4 times before starting in 3/09 to 5/09 for $1.450M, again from 11/09 to 11/10 starting at $1.349M, reducing to $1.095M then increasing to $1.250M, again from 4/11 to 2/12 for $1.250M, and finally from 2/12 to 5/12 for $1.195M. The home was built in 04.

4222 Waileia Place is listed for $789,900 after selling as land for $430K in 9/05. 4206 Lihiliho Road returns to the market at a new higher price of $949K. This home sold for $520K in 8/90 and was previously listed from 11/10 to 2/12 starting at $965K, reducing to $798,888 and again from 2/12 to 2/13 at the same price.

Price Changes:

After 223 market days, 5331 Honoiki reduced $10K from $1.5M to $1.490M. The view home last sold for $762,500 in 1/11. 3933 Kamehameha was purchased for $1.195M in 10/05, and reduced this week from $1.295M to $1.249M. 4066 Aloali’i made a price correction when listed which is why it shows in this section.

May 2014 scored the highest number of sales for the month since 06 which had 165 sales. This May had 103 sales, although there may be a few that haven’t yet been reported. This is a 21% increase over May 2013 which had 85 sales. Hopefully, this is foreshadowing what we can look forward to this Summer.

If you’re a seller, it’s a great time to think about putting your property on the market (especially if it’s a condo) and if you’re a buyer, it’s definitely time to get out and take a look for those well priced properties while you can. Any questions? You know who to ask – I’m here so you get the facts before buying or selling.

Aloha Elaine

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Ahhhh…goodnight Kauai!

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

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Elaine

Elaine Schaefer (R)
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