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

Aloha from Princeville Kauai,

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

NEW LISTINGS

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

BACK ON THE MARKET

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

CONTINGENT SALES

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

SALES

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

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

TEMPORARILY WITHDRAWN

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

PRICE CHANGES

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

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

New Listings:

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

Back on the Market:

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

Contingent:

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

Sales:

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

Temporarily Withdrawn:

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

Price Changes:

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

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

NEW LISTINGS

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

BACK ON THE MARKET

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

CONTINGENT SALES

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

WITHDRAWN

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

PRICE CHANGES

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

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

New Listings:

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

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

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

Back on the Market:

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

Contingent:

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

Withdrawn:

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

Price Changes:

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

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

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

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

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

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

Aloha Elaine

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Beautiful Hanalei

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

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

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

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

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

NEW LISTINGS

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

BACK ON THE MARKET

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

CONTINGENT SALES

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

SALES

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

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

EXPIRED

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

PRICE CHANGES

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

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

New Listings:

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

Back on the Market:

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

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

Contingent:

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

Sales:

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

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

Expired:

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

Price Changes:

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

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

NEW LISTINGS

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

SALES

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

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

UNDER CONTRACT

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

TEMPORARILY WITHDRAWN

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

PRICE CHANGES

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

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

New Listings:

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

Sales:

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

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

Under Contract:

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

Temporarily Withdrawn:

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

Price Changes:

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

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

Aloha Elaine

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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 Jun 7th to Jun 13th

Aloha from Sunny and Beautiful Princeville Kauai!

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

NEW LISTINGS

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

CONTINGENT SALES

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

SALES

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

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

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

New Listings:

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

Contingent:

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

Sales:

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

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

SALES

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

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

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

WITHDRAWN

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

PRICE CHANGES

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

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

Sales:

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

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

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

Withdrawn:

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

Price Changes:

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

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

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

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

Aloha Elaine

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Flowers found down in Hanalei at the shopping center.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

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

Aloha from Princeville Kauai!

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

NEW LISTINGS

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

BACK ON THE MARKET

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

CONTINGENT SALES

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

UNDER CONTRACT

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

PRICE CHANGES

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

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

New Listings:

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

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

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

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

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

Back on the Market:

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

Contingent:

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

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

Under Contract:

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

Price Changes:

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

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

NEW LISTINGS

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

BACK ON THE MARKET

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

SALES

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

PRICE CHANGES

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

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

New Listings:

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

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

Back on the Market:

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

Sales:

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

Price Changes:

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

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

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

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

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

Aloha Elaine

IMG_454652708
Beautiful Hanalei

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Kauai May 2015 Market Statistics

Aloha from Princeville Kauai,

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

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

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

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

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

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

Aloha Elaine

WP_20150525_16_53_13_Pro
An overcast day in Hanalei Valley.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Princeville Kauai condo / house update for May 24th to May 30th

Aloha from Princeville Kauai!

It was another glorious week with plenty of sunshine and some great beach days. We also had some rain but that’s just a part of Kauai living, especially on the North Shore.

As for real estate, once again condos were on fire while homes too, moved at a pretty good pace. The target number from last May was 112 sales and as of today, Sunday, we are at 98. Take a look at the past week’s activity below:

NEW LISTINGS

284723 CND A 4 4-5-4-12-8-25 FS $750,000 Pali Ke Kua #230 1,135 #230 2/2.00
283134 CND A 5 4-5-4-12-3-7 FS $835,000 Hanalei Bay Villas #7 1,364 #7 3/2.01
284675 CND A 4 4-5-4-12-11-14 FS $1,110,000 Puu Poa #114 2,065 #114 2/2.00

BACK ON THE MARKET

282893 CND A 8 4-5-4-5-4-14 FS $485,000 Mauna Kai #4B 1,498 #4B 2/2.00

CONTINGENT SALES

271175 CND C 450 4-5-4-5-39-72 FS $330,000 Cliffs #3204 917 #3204 1/2.00
279795 CND C 143 4-5-4-12-9-12 FS $520,000 Pali Ke Kua #16 993 #16 2/2.00
281845 CND C 88 4-5-4-12-10-7 FS $675,000 Emmalani Court #215 1,456 #215 2/2.00

SALES

275456 CND S 173 4-5-3-11-1-16 FS $710,000 Villas On The Prince #16 1,732 #16 3/2.01
SOLD 5/29/2015 for $683,000 (CASH) DOM 173

282871 CND S 11 4-5-4-5-24-34 FS $560,000 Nihilani #12A 1,406 #12A 2/2.00
SOLD 5/26/2015 for $547,500 (CASH) DOM 11

282961 CND S 32 4-5-4-5-24-29 FS $610,000 Nihilani #10B 1,567 #10B 2/2.01
SOLD 5/29/2015 for $597,500 (1031) DOM 32

UNDER CONTRACT

280825 CND U 84 4-5-3-6-22-65 FS $798,000 Kaiulani #65 1,900 #65 2/2.01
281630 CND U 74 4-5-4-12-8-1 LH $288,900 Pali Ke Kua #1 993 #1 1/1.01

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:

One owner Pali Ke Kua 230, listed for $750K, is new this week. The sellers purchased this unit for $80,700 as a leasehold unit in 10/74, converting to fee simple in 5/90 for $16,700. Ahhh…the good old days! Hanalei Bay Villas #7, which was purchased for $557K in 12/02, is newly listed for $835K.

Pua Poa 114 returns to the market with a new price of $1.110M since selling for $870K in 9/12. It was previously listed from 10/13 to 10/14, starting at $1.250M and reducing to $1.199M and again from 12/14 to 3/15, priced at $1.265M and reducing to $1.145M over the life of the listing.

Back on the Market:

Mauna Kai 4B, with a list price of $485K is back on the market after going into escrow on 3/31. The unit sold for $232K as a bank owned property in 11/10.

Contingent:

After 448 market days, Cliffs 3204, with a list price of $330K, now has a buyer. The condo sold for $380K in 1/08. Pali Ke Kua 16 is in escrow priced at $520K. The last sale was for $280K in 2/02.

Emmalani Court 215, priced at $675K fell out of escrow on 5/24 and went right back in on 5/30. The prior sale was $560K in 2/13.

Sales:

Villas on the Prince 16 sold for $683K cash while listed for $710K. The seller bought this townhome for $467,580 in 3/02 from the developer. FINALLY! The very last developer Nihilani unit, 12A, sold for $547,500 cash while listed for $560K. Nihilani 10B which was purchased from the developer in 2/10 for $380K, sold for $597,500 while priced at $610K.

Under Contract:

Kaiulani 65 with a list price of $798K, moved from contingent to under contract. The prior sale was for $730K in 4/13.
Leasehold Pali Ke Kua 1, which is being sold at auction, is now under contract with a list price of $288,900 since selling for $379K in 4/06. This bank owned property was foreclosed on in 1/14.

And that’s it for condos! This is one of the rare times where there were no price changes this week! Now on to your Princeville Kauai single family home update, which was fairly active:

NEW LISTINGS

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

CONTINGENT SALES

278317 RES C 211 4-5-4-16-85 FS $879,900 4108 Nalani Ln 11,693 sqft 2,666 2/2.01
282775 RES C 15 4-5-4-10-11 FS $1,190,000 4125 Kekuanaoa Ln 9,965 sqft 2,752 5/4.00
279646 RES C 166 4-5-4-16-84 FS $1,325,000 4100 Nalani Ln 10,542 sqft 2,643 3/2.02

SALES

277390 RES S 194 4-5-4-21-31 FS $775,000 3920 Kaweonui Rd 14,900 sqft 1,986 3/2.01
SOLD 5/28/2015 for $730,000 (CASH, CNV) DOM 194

283007 RES S 8 4-5-4-18-15 FS $789,900 4175 Mahina Pl 10,672 sqft 2,246 3/2.01
SOLD 5/26/2015 for $772,000 (CASH) DOM 8

279027 RES S 79 4-5-4-21-14 FS $1,250,000 4882 Akai Pl 12,484 sqft 2,466 4/3.00
SOLD 5/26/2015 for $1,150,000 (CNV) DOM 79

PRICE CHANGES

274096 RES A 365 4-5-3-11-32 FS $1,295,000- 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
278317 RES C 211 4-5-4-16-85 FS $879,900+ 4108 Nalani Ln 11,693 sqft 2,666 2/2.01

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

New Listings:

4050 Kaahumanu Place is newly listed for $1.295M since selling for $298K in 1/04 as land.

Contingent:

4200 Nalani Lane, which sold for $1.1M in 8/14 is now in escrow priced at $1.325M.

4125 Kekuana’oa which is priced at $1.180M found a buyer in only 10 days. The prior sale was for $1.190M in 9/05.

4108 Nalani Lane increased to $879,900 from $859,990 and then went into escrow. The prior sale was for land in 10/07 for $450K.

Sales:

3920 Kaweonui was listed for $775K and sold for $730K after 194 market days. The prior sale was for $355K in 5/90.

4175 Mahina Place, which was listed for $789,900 and sold via on-line auction, closed for $772K cash. The home’s previous sale price was $850K in 2/05.

4882 Akai Place, a successful vacation rental, closed at $1.075M while priced at $1.250M. This home was purchased for $875K in 12/08.

Price Changes:

4066 Aloalii reduced to $1.295M from $1.325M. The last sale was for land in 8/03 for $325K. The home was built in 2004. -And that is your update for this week!

If you’re looking for activities on the Island, there are plenty of places to check for what’s going on. The Garden Island newspaper, which can be accessed online at “thegardenisland” generally has articles on the more obvious events, such as the annual Taste of Kauai scheduled for June 7. They often have local entertainment also, like the band “From the Heart” that was at Trees lounge Saturday.

For activites specific to Princeville, you can always go to the Princevillecommunity.com website and click on Community Center where you’ll find the PHCA Event calendar. If music is your love, go to the “Garden Island Music Kauai” on Facebook and become a member. Several bands played throughout the Island this past weekend as posted on this page. For Islandwide activity, try “Kauai.com/calendar” and check out all the events posted there.

I’ve also found other website by way of Google or by searching around on Facebook. There’s really as much or as little to do here as you wish – if you just take the time to do some digging.

Questions? You know who to ask. Text or email me before buying or selling for the facts!

Have a wonderful sunny Sunday.

Aloha Elaine

IMG_454698881
My new view.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Princeville Kauai condo / house update for May 17th to May 23rd

Aloha from Princeville Kauai!

Here’s hoping you are enjoying a wonderful Memorial Day weekend in your Paradise, wherever it may be. Please take a moment to remember the real meaning of Memorial day and give thanks for all of those who have sacrificed their lives for our freedoms and safety.

The brave soldiers who now guard those ideals are in such grave danger due to the likes of ISIS militants who are willing and eager to kill anyone who does not subscribe to their ideology. I am personally in the deepest of gratitude for those men and women who serve and all of those who went before them.

Moving on to Real Estate: Condo activity was minimal this week, unless you want to count the seven price reductions. Other than that, there was one new listing, one escrow and two sales. Have a look:

NEW LISTINGS

284134 CND A 4 4-5-4-5-18-38 FS $435,000 Puamana #11A 1,312 #11A 2/2.00

CONTINGENT SALES

277253 CND C 195 4-5-4-5-3-5 FS $275,000 Paniolo #105 1,058 #105 1/2.00

SALES

278394 CND S 159 4-5-3-11-1-13 FS $739,000 Villas On The Prince #13 1,732 #13 3/3.00
SOLD 5/21/2015 for $729,000 (CASH, CNV) DOM 159

273250 CND S 291 4-5-4-5-18-59 FS $490,000 Puamana #16C 1,298 #16C 2/2.00
SOLD 5/20/2015 for $450,000 (CASH) DOM 291

PRICE CHANGES

279771 CND A 156 4-5-3-6-22-24 FS $1,395,000- Kaiulani #24 2,873 #24 3/3.01
281630 CND A 68 4-5-4-12-8-1 LH $288,900- Pali Ke Kua #1 993 #1 1/1.01
218823 CND A 2340 4-5-4-12-5-8 LH $399,000- Pali Ke Kua #108 717 #108 1/1.00
273350 CND A 370 4-5-4-5-39-137 FS $599,000- Cliffs #5307 1,137 #5307 2/2.00
272073 CND A 155 4-5-4-5-39-138 FS $635,000- Cliffs #5308 1,186 #5308 2/2.00
279774 CND A 156 4-5-4-5-16-43 FS $699,000- Alii Kai #5203 1,085 #5203 2/2.00
252022 CND A 1195 4-5-4-11-3-1 FS $1,499,000- Hanalei Bay Resort #A11 1,705 A11 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:

Priced at $435K, Puamana 11A last sold for $486,500 in 6/05. This single level condo was previously listed from 10/08 to 10/09 for $499,500 and again from 1/12 to 1/13, starting at $349K and reducing to $329K.

Contingent:

Paniolo 105, priced at $275K, is back in escrow for the fourth time. It came back on the market on 5/19 and was back in escrow by 5/23. Hopefully, this time it will have a successful closing. The prior sale was for $415K in 7/05.

Sales:

Villas on the Prince 13 sold for $729K cash while listed for $739K. The seller bought this townhome for $525K in 4/02. Puamana 16C sold for $450K while priced at $490K. The seller purchased this condo for $349K in 3/02.

Price Changes:

Kaiulani 24 was $1.495M and is now $1.395M after a $100K price reduction. The seller purchased this luxury townhome on 9/08 for $1.7M.

Pali Ke Kua 1, a leasehold property that is up for auction, reduced from $304,060 to $288,900. The condo last sold for $379K in 4/16 and was foreclosed on in 1/14. Pali Ke Kua 108 reduced from $450K to $399K. This leasehold property last sold for $469K in 3/02.

Cliffs 5307 is listed for $599K since reducing from $629K. The prior sale was for $470K in 7/04. Cliffs 5308 made a small price adjustment going from $639K to $635K. This unit sold as a leasehold in 2/04 for $347,375, converting to fee simple at the same time for $117,810.

Alii Kai 5203 is now $699K, down from $749K. The prior sale was for $874K in 8/05. Hanalei Bay Resort A11 is now priced at $1.499M, down from $1.899M after 1191 market days. This Bali Hai view unit last sold for $1.695M in 7/07.

Now on to your Princeville Kauai single family home update which was very slow this week:

NEW LISTINGS

284573 RES A 1 4-5-4-23-76 FS $775,000 3789 Mapuana Pl 6,398 sqft 1,535 3/2.00

SALES

274904 RES S 231 4-5-4-15-13 FS $719,500 3841 Haulani Pl 10,409 sqft 2,016 3/2.00
SOLD 5/21/2015 for $719,500 (CNV) DOM 231

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:

3789 Mapuana Place is listed for $775K since selling for $584,500 in 12/10.

Sales:

3841 Haulani Place sold for the asking price of $719,500. This home was purchased for $775K in 2/07.

Last May there were 112 sales. If we were on track, as of today, Sunday, we should have 87 sales but so far there are only 73. There is only one more week to catch up. Personally, I’ll be quite surprised if we make it.

That’s it for this week. Enjoy your Memorial Day.

Aloha Elaine

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Yes I do love those Hibiscus and find it hard to walk by without taking a picture!

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Princeville Kauai condo / house update for May 10th to May 16th

Aloha from Princeville Kauai!

Hope all the Mothers enjoyed their special day last Sunday. It was another busy condo week with several new listings and a couple of new escrows. Houses had a bit of activity also –

NEW LISTINGS

284309 CND A 4 4-5-4-5-39-12 FS $322,750 Cliffs #1202 917 #1202 1/2.00
284181 CND A 2 4-5-4-5-39-186 LH $499,007 Cliffs #8306 1,186 #8306 2/2.00
284239 CND S 0 4-5-4-15-21-39 FS $389,900 Sandpiper #202 1,173 #202 2/2.01
SOLD 5/11/2015 for $371,000 (CASH) DOM 0

BACK ON THE MARKET

274629 CND A 323 4-5-4-5-3-3 FS $299,000 Paniolo #103 1,058 #103 1/2.00

CONTINGENT SALES

274227 CND C 341 4-5-4-5-39-82 FS $497,000 Cliffs #3306 1,137 #3306 2/2.00
277240 CND C 235 4-5-4-5-16-34 FS $685,000 Alii Kai #4302 1,086 #4302 2/2.00

SALES

275487 CND S 252 4-5-3-6-22-72 FS $859,900 Kaiulani #72 1,892 #72 2/2.01
SOLD 5/14/2015 for $820,000 (CNV) DOM 252

284239 CND S 0 4-5-4-15-21-39 FS $389,900 Sandpiper #202 1,173 #202 2/2.01
SOLD 5/11/2015 for $371,000 (CASH) DOM 0

281119 CND S 78 4-5-4-5-18-71 FS $399,000 Puamana #20A 1,298 #20A 2/2.00
SOLD 5/15/2015 for $390,000 (CASH) DOM 78

PRICE CHANGES

273703 CND A 360 4-5-4-12-11-29 FS $1,595,000- Puu Poa #301 2,159 #301 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:

Cliffs 1202 is now listed for $322,750 since selling for $409K in 3/06. It was previously listed from 8/07 to 8/08 starting at $519K and reducing to $499K by the time the listing expired.

Ocean view leasehold Cliffs 8306 returns to the market priced at $499,007. The prior sale was in 12/12 for $305K. This top floor unit was previously listed for 11/13 to 6/14 starting at $657K, reducing to $574K by the time the listing expired. Sandpiper 202 came on the market showings as sold for $371K cash with a list price of $389,900. The prior sale was for $145K in 5/90.

Back on the Market:

Paniolo 103 is unfortunately back on the market priced at $299K after going into escrow on 2/24. The prior sale was for $218,500 in 8/12

Contingent:

Cliffs 3306 sold for $412K in 11/04 and is now in escrow priced at $497K. Ali Kai 4301 went into escrow priced at $684K. The previous sale was for $150K in 4/99.

Sales:

Kaiulani 72 sold for $820K while listed for $859,900. The previous sale was for $857,270 from the developer in 4/07. As noted above, Sandpiepr 202 sold for $371K. Puamana 20A sold for $390K cash with a list price of $399K. The seller purchased this townhome for $315K in 7/10.

Price Changes:

Pu’u Po’a 301 is now $1.292M, down from $1.675M. The seller bought this ocean view unit for an unbelievable $272,500 in 12/98. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

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

CONTINGENT SALES

273100 RES C 314 4-5-4-16-76 FS $748,000 4123 Kekaulike Ln 10,650 sqft 1,646 3/2.00

SALES

274595 RES S 185 4-5-4-6-14 FS $795,000 4140 Lei O Papa Rd 18,861 sqft 1,634 2/3.00
SOLD 5/8/2015 for $795,000 (CNV) DOM 185

270286 RES S 421 4-5-4-14-28 FS $824,000 3907 Kamehameha Rd 17,070 sqft 2,863 3/2.00
SOLD 5/11/2015 for $810,000 (CNV) DOM 421

273624 RES S 256 4-5-4-21-17 FS $825,000 4910 Akai Pl 13,548 sqft 2,106 3/2.00
SOLD 5/11/2015 for $777,500 (FHA) DOM 256

PRICE CHANGES

282326 RES A 47 4-5-4-17-36 FS $845,000- 4862 Victoria Lp 9,873 sqft 1,841 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:

4125 Kekuanaoa sold for $1.180M in 9/05 and is now listed for $1.190M.

Contingent:

After 313 days, 4123 Kekualike Lane, priced at $748K, went into escrow. The previous sale was for $260K in 1/98. The home was built in 86.

Sales:

Purchased in 5/13 for $500K, 4140 Lei O Papa sold for the list price of $795K after 185 market days. 3907 Kamehamena sold for $810K while priced at $824K. The previous sale was in 10/98 for $380K. 4910 Akai Place was listed for $825K and closed at $777,500. The seller purchased this home in 10/02 for $460K.

Price Changes:

4862 Victoria Loop is now $845K down from $875K. The prior sale of this single story home was $1.039K in 11/07.

Here we are, just slightly more than halfway through the month with a total of 51 sales on our way to matching or surpassing the 112 sales of last May. With 47 properties currently under contract Island wide, and another 211 showing as in escrow with contingencies, there’s a chance we can meet the challenge

Still haven’t found your piece of Paradise? Not to worry – there are 938 available properties to fit your location, style and pocketbook. If you’re looking for a business or commercial property, there are 21 to choose from. With 373 single family homes available there is certainly one just right for you. If you prefer condos, there are 307 to choose from and if you like to start from scratch and build your own Paradise, 253 parcels of land are waiting for you.

After some quick math you may have noticed that the numbers don’t add up. Yes, you’re right they don’t – the reason being that several properties are dual usage such as a business downstairs and a residence upstairs or land that is entered both as commercial and vacant land due to zoning. The bottom line is, there’s plenty of real estate here for everyone. Questions? You know who to ask for the facts before buying or selling.

Aloha Elaine

It was a very quiet afternoon at the Princeville Shopping Center.

IMG_453519149

IMG_453521124

IMG_453521130

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Princeville Kauai condo / house update for May 3rd to May 9th

Aloha from Princeville Kauai!

Happy Mother’s Day to all the Mom’s out there! Hope you are having a truly special day. This past week was a very busy one for condos with activity in just about every category while home activity was minimal, at best. Take a look for youself.

NEW LISTINGS

283975 CND A 6 4-5-4-5-23-61 FS $525,000 Plantation #1611 1,153 #1611 2/2.00
284081 CND A 4 4-5-4-12-5-30 FS $1,285,000 Pali Ke Kua Incr #212B 904 #212B 1/2.00

BACK ON THE MARKET

265147 CND A 667 4-5-4-5-24-95 FS $560,000 Nihilani A#32B 1,406 #32B 2/2.01

CONTINGENT SALES

283685 CND C 18 4-5-4-5-24-101 FS $549,500 Nihilani #34B 1,406 #34B 2/2.00
282961 CND C 38 4-5-4-5-24-29 FS $610,000 Nihilani #10B 1,567 #10B 2/2.01
281845 CND C 67 4-5-4-12-10-7 FS $675,000 Emmalani Court #215 1,456 #215 2/2.00

SALES

280755 CND S 26 4-5-4-12-2-23 FS $449,000 Hale Moi #203 1,033 #203 1/2.00
SOLD 5/7/2015 for $425,000 (CNV) DOM 26

UNDER CONTRACT

281640 CND U 46 4-5-4-5-17-32 FS $419,000 Alii Kai #11H 1,037 #11H 2/2.00

PRICE CHANGES

281273 CND A 87 4-5-3-6-22-15 FS $1,999,990- Kaiulani #15 2,843 #15 3/3.01
283011 CND A 37 4-5-4-5-27-20 FS $299,500- Hale Honu #10B 1,085 #10B 3/1.01
281526 CND A 75 4-5-4-5-15-7 FS $629,000- Paliuli #7 1,337 #7 2/2.00
275370 CND A 298 4-5-4-6-1-50 FS $749,000- Villas Of Kamalii #50 1,825 #50 3/3.00
279836 CND A 131 4-5-4-12-5-2 FS $779,000+ Pali Ke Kua #102A 717 #102A 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:

Purchased in 4/06 from the developer for $470K, Plantation 1611 us now listed for $525K. Pali Ke Kua 212, with a list price of $1.285M is newly listed since selling for $500K in 7/00.

Back on the Market:

Unfortunately, Nihilani 32B is back on the market, priced at $560K, after going into escrow on 4/18.

Contingent:

Nihilani 34B went into escrow with a list price of $549,500. The previous sale was for $450K in 4/14. Nihilani 10B is in escrow while priced at $610K. The prior sale was from the developer for $380K in 2/10.

Emmalani Court 215, priced at $675K, found a buyer. It last sold for $560K in 2/13.

Sales:

Hale Moi 203 was purchased for $133K in 8/00 and sold this week for $425K while listed for $449K.

Under Contract:

Alii Kai 11H moved from in escrow to under contract and should be closing soon.

Price Changes:

Kaiulani 15 is listed for $1,999,990 down from $2,399,990. The purchase price of this townhome was $1,856,930 in 12/07.

With a price reduction to $299,500 from $324,995, Hale Honu 10B is the second lowest priced condo in Princeville. It sold previously for $365K in in 9/07.

Free standing Paliuli 7 is now $629K, down from $649K. The sellers purchased this cottage for $670K in 3/07. Villas of Kamalii 50 reduced from $754K to $740K. This townhome sold for $620K in 4/04.

Pali Ke Kua 102 was priced at $749,900 and did a price increase to $779K. The last sale was for $795K in 4/05.

Now on to your Princeville single family home update which saw minimal activity compared to the condos!

NEW LISTINGS

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

BACK ON THE MARKET

278317 RES A 190 4-5-4-16-85 FS $859,990 4108 Nalani Ln 11,693 sqft 2,666 2/2.01

PRICE CHANGES

277784 RES C 208 4-5-4-16-19 FS $825,000+ 4064 Kaahumanu Pl 12,058 sqft 2,274 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:

4133 Rooke Place is once again listed with a price of $1.350M. This home sold for $323K in 6/03 as land. The home was built in 04. It was previously listed from 12/13 to 7/14 starting at $1.950M, reducing to $1.450M by the time it was withdrawn.

Back on the Market:

Unfortunately, 4108 Nalani fell out of escrow while priced at $859,990 and is now back on the market.

Price Changes:

4064 Kaahumanu had a price increase from $765K to $825K while still showing as in escrow. This home sold for $479,900 in 8/11.

That’s it for this week. Now go enjoy your very special Mother’s day in your own Paradise, wherever it may be. Questions? You know who to ask for the facts before buying or selling.

Aloha Elaine

IMG_8137

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 April 2015 Market Statistics

Aloha from Princeville Kauai!

Apr 15 dramatically underperformed when compared to Apr 14, coming in with 32% fewer sales at 65 compared to 95 last Apr. This is quite a drop, especially considering that there were 125 sales in Apr 13, 72 for Apr 12, even fewer in Apr 12 with 58 and an equal number of 65 for Apr 10.

The biggest drop was in land which went from 21 sales last Apr to only 7 this Apr. Houses were slightly down from 40 to 34 while condos had 33 sales last Apr and only 24 this past month.

Year to date we are at 278 sales Island wide, down from the 331 sales we had at this time last year. This represents a 16% decrease. Year to date Apr 13 there were 311 sales, 12 had 263, 11 – 255 and 10 had 219.

Sales volume is also off by 32%, decreasing from $73M in Apr 14 to only $50M this Apr. Still, this is much better than the 6 year low seen in Apr 11 which posted only $30M in sales.

Interestingly, year to date we are ahead of the game, slightly, with $241M in sales volume compared to $212M in volume this time last year. Once again, we are doing better than 2010 to 2013 which all posted sales volume is in the $100M’s range.

Median sales price is up for houses coming in at $564,250 compared to $542,500 for last Apr. Land is at $417,500 while last Apr it was at $399K. Condos stayed very steady posting a median of $370K this Apr compared to $378K last Apr.

For a look at the complete Statistical Report as published by the MLS, please click here to go to my website where I post it monthly.

Interest rates are low and with the market being so slow, buyers are in a good position for negotiations. Hopefully, with Summer coming up, sales should pick up. We’ll just have to wait and see.

Aloha Elaine

IMG_452308210
Yet another beautiful Hibiscus.

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………


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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
Web:
KauaiRealEstateNow.com

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

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