Kauai February 2015 Market Statistics

Aloha from Princeville Kauai,

February 15 posted 58 sales, which is 13% less than both the 67 sales posted for Feb 14 and Jan 15. This is the second lowest number of sales for a Feb within the last 6 years with Feb 10 having the lowest with only 40 sales.

Condominiums held steady with 22 sold in both Feb 14 and 15, while homes fell slightly from 31 sold in Feb 14 to 25 for Feb 15.

Year to date there have been 125 sales which is 16% less than the Feb 14 year to date sales of 149. Despite being less than last year at this time, it is still more than year to date Feb 13 with 111 sales, Feb 12 with 124 sales, 122 sales for Feb 11 year to date with Feb 10 year to date coming in last with only 94.

Sales volume is also down, with only $52M sold in Feb 15, while Feb 14 and Feb 13 both had $43M in sales. Feb 12 had only $37M in sales, $45M for Feb 11 with Feb 10th bringing up the rear with a mere $20M in sales.

Despite the decline in the number of sales and sales volume, year to date we are still at $89M, which is more than year to date Feb 14 with $82M, year to date Feb 13 was $76M, 2012 was $67M, year to date Feb 11 was $83M and year to date Feb 10 posted a mere $42M in sales.

The median sale price for residential for Feb 14 was $499K while Feb 15 is $730K. Keep in mind, $499K is just the midpoint of the 31 homes sold in Feb 14 and not the average; same goes for the Fed 15 midpoint of $730K. Condos stayed pretty steady posting a median for Feb 14 of $304,500 and a median of $353,600 for Feb 15. To see the full statistical report as compiled by the Hawaii Information System click here where you’ll find I post it each month on my website.

If you need the facts before buying or selling, please do not hesitate to call or email. That’s why I’m here!

Aloha Elaine

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If you are currently on Island, you know this picture was taken a couple of weeks ago. Cold and windy now! (Well, maybe not by East Coast standards!)

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 January 2015 Market Statistics

Aloha from Princeville Kauai,

Jan 15 failed to meet or exceed Jan 14 sales, posting only 67 sales which is an 18% decrease from the 82 posted for Jan 14. The news isn’t quite so bad though, when you look at where the decreased sales were.

In Jan 14 there were 20 home sold compared to 33 this past Jan, so that’s good news. Condos were down slightly from 33 last Jan to 26 this Jan but land really dropped going from 28 sales to only 6 for Jan 15. So, while we did have fewer sales this past Jan, it appears the housing market is still alive and well.

Even though there were only 67 sales is it still the second highest Jan within the last 6 years. Jan 10 posted 54 sales, Jan 11 58, Jan 12 had 63 and Jan 13 posted a lowly 49.

Along with fewer sales we also had decreased sales volume, down 6% from $39M in Jan 14 to $36M this past Jan. Jan 13 posted $33M in sales, Jan 12 had $31M, Jan 11 – $38M and Jan 10 could only manage $22M in sales.

Median sales price for residential for Jan 14 was $483,750 while Jan 15 was $497K. However, the average residential sale price for Jan 14 was $728,121 while Jan 15 was slightly less at $674,889. Within the Jan 14 sales, there was one $5M sale which brought up the entire average. Without this sale the average would be $519,450. For Jan 15, most sales were under $1M with only one or two within the million dollar price range, with the high being $2,590,000. Once again, taking this property out leaves an average of $615,042 for Jan 15.

Of course, this is the Island wide average. Considering the diversity of housing, a more realistic number could be found by determining the averages within your specific area(s) of interest.

If you want to see the entire MLS Statistical report from Hawaii Information, the listing service, please click here where I post it each month. Questions? Get them answered before buying or selling. That’s why I’m here – so you get the facts!

Aloha Elaine

These little guys were perched outside my window just begging for a picture.

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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 December 2014 Market Statistics

Aloha,

Happy New Year from Princeville Kauai! May 2015 bring you much peace, prosperity, health and happiness. 2014 Real Estate closed out the year with a downward trend, posting only 77 sales for Dec, down 9% from last Dec with 85. This is the second year there is a decrease in the number of sales as there were 94 sales in Dec 12. This of course, was a huge jump up from Dec 11 with only 49 sales. Dec 10 has 80 sales and even Dec 09, typically the lowest year, posted more sales than 2011 with 59.

The biggest drop in sales for Dec was residential which only had 35 sales compared to 42 in Dec 13. Land also saw a decrease, with 15 sales compared to 20 last Dec. Condos were up by 4, with 25 sales.

Year to date was also down by a very small margin: 999 sales in 2013 and 997 in 2014. As they say, close but….Even though the annual sales are slightly down, they are still much higher than the numbers posted for the last 6 years. Year end 2012 had 891 sales, 2011 – 782, 2010 – 719 and 2009 a mere 500. I keep wondering how we survived that year.

Sales volume is also slightly down for the month of Dec by 6%, going from $69M sold in Dec 13 to $65M in Dec 14. Dec 12 had $72M in sales while 11 had an unbelievable $20K. Even Dec 09 and 10 were higher with $53M and $67M in sales respectively.

For the year 2009, there were $340M in sales, 2010 saw $419M, 2011 $437M, 2012 $524M, 2013 had $578M while 2014 sales volume shows a hearty increase of 13% with $651M in sales. Slowly but surely….

Median sales price was up dramatically in residential for 2014, with a 92% increase, going from $454,500 in Dec 13 to $875K in Dec 2014. The annual median for residential in 2014 was up by 3% to $533K while the 2013 median was $527K. The annual residential median for 2012 was $458,750, for 2011 $455K, 2011 was $497,500 and 2009 posted $470,500.

As of today, Jan 12th we’ve had 20 sales, with our goal being to surpass the 82 sold in Jan 14. Days like today – not a cloud in the sky until afternoon, bright and sunny with a cool tinge to the wind – make for an easy sell. It was so beautiful – plus the whales are here. What’s not to like? If you’re thinking you’d like you’re own piece of paradise, please send me a text or email so we can get your search underway.

If you want to see the full MLS Statistical report, click here where I post it on my website each month.

Aloha Elaine

Today was especially beautiful – not a cloud in the sky!
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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

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………

Princeville Kauai condo / house update for the week of Dec 28th to Jan 3rd

Aloha,

…and a very Hauoli Makahiki Hou to you and yours. 2015 made a chilling entry, with nighttime temps down in the low 60′s and high 50′s. It was 57 this morning!

I know that doesn’t seen cold to some of you, but when the only heater available is in your car, you then realize how cold it can be stepping out of the shower or getting up and dressed to go out in the cooler morning temps. In addition, we’ve had quite a bit of heavy, blowing rain which has only added to the “freezing.”

Where are my UGGS? When I first saw women wearing them on Kauai I wondered if they were just doing so as a fashion statement. Now I am thinking how warm and cozy my feet would be wrapped in a pair. All I own is a bunch of sandals, running shoes and some Sketchers, none of which are warm or waterproof. Oh yes, there are the Crocs which, while freezing, at least allow the water to flow in AND out.

Anyhow, it’s always an adventure in Paradise. I”m just glad I have my blanket!

Here is your update for the past week:

NEW LISTINGS

280091 CND A 1 4-5-4-5-18-41 FS $495,000 Puamana #12A 1,532 #12A 2/2.00
279836 CND A 5 4-5-4-12-5-2 FS $749,900 Pali Ke Kua #102A 717 #102A 1/1.00

SALES

274986 CND S 89 4-5-4-5-16-20 FS $650,000 Alii Kai #3104 1,085 #3104 2/2.00
SOLD 12/30/2014 for $610,000 (CNV) DOM 89

EXPIRED

275139 CND X 154 4-5-3-6-22-74 FS $779,000 Kaiulani #74 1,892 #74 2/2.01
272057 CND X 279 4-5-4-5-16-37 FS $639,000 Alii Kai #5101 1,086 #5101 2/2.00

WITHDRAWN

271553 CND W 303 4-5-4-12-11-37 FS $1,799,500 Puu Poa #309 1,352 #309 2/3.01

PRICE CHANGES

272612 CND A 264 4-5-4-5-18-35 FS $435,000+ Puamana #10A 1,510 #10A 2/2.00
275790 CND A 159 4-5-4-6-1-33 FS $729,900- Villas Of Kamalii #33 1,825 #33 3/3.00

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

New Listings:

Golf course view Puamana 12A is newly listed at $495K. The prior sale was in 1/13 for $371K. Ocean and Bali Hai view Pali Ke Kua 102 returns to the market priced at $749,900 which is just slightly less than the purchase price of $795K in 4/05. It was most recently listed from 11/13 to 8/14 for $997,500.

Sales:

Ocean view Ali’i Kai 3104 was purchased for $612K in 4/13 and sold for $610K while priced at $650K.

Expired:

Kaiulani 74 expired after 154 market days priced at $779K. This townhome sold from the developer for $898,250 in 4/07. Ocean view Ali’i Kai 5101 also expired while listed for $639K. The seller purchased this unit in 5/04 for $595K.

Withdrawn:

Pu’u Po’a 309 was withdrawn after 303 market days priced at $1,799,500. The purchase price was $1,730,338 in 9/05.

Price Changes:

Puamana 10A sold for $425K in 11/13, and saw a price increase this week from $425K to $435K. Villas of Kamali’i 33 is now $729,900, down from $739K. This townhome sold for $640K in 10/13.

Now on to your Princeville Kauai single family home update which had one new escrow.

NEW LISTINGS

279410 RES A 1 4-5-3-12-30 FS $1,270,000 3982 Aloalii Dr 8,072 sqft 2,229 3/3.00
279955 RES A 3 4-5-4-23-15 FS $699,000 4839 Moli Pl 7,486 sqft 1,291 3/2.00

BACK ON THE MARKET

268028 RES A 412 4-5-4-18-46 FS $985,000 4161 Kamalani Ln 10,249 sqft 1,708 3/2.01

CONTINGENT SALES

276659 RES C 120 4-5-4-17-14 FS $1,295,000 4825 Emmalani Dr 12,290 sqft 2,942 4/3.01

PRICE CHANGES

277118 RES A 109 4-5-4-18-54 FS $945,000- 4537 Emmalani Dr 10,603 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.

New Listings:

3982 Aloalii makes its first MLS appearance priced very attractively at $1.270M since selling for $960,900 in 5/12.

4839 Moli Place returns to the market priced at $699K. This home sold previously for $500K in 10/10. It was listed from 10/13 to 9/14, starting at $725K and reducing to $675K when it was withdrawn.

Back on the Market:

4161 Kamalani Lane returned to the market still priced at $985K after expiring on 12/31. This seller purchased this home in 3/99 for $260K as a bank owned property.

Contingent:

The $100K price reduction on 4825 Emmalani, which brought it to $1.295M, found this golf course home (with a pool) a buyer. The last sale was for $318K in 5/03 for land. The home was built in 05.

Price Changes:

4537 Emmalani, a golf course home, reduced to $945K from $965K. This one owner home was built in 95. The last sale was for land in 6/93 for $165K.

That’s it for our first foray into 2015. We’ll just have to wait and see what the market gods bring us! If you need help buying or selling, you know who to text or email. I’m here so you get the facts all throughout the new year!

Aloha Elaine

These beautiful scenes were all taken before the storms.

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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 March 2015 Market Statistics

Aloha from Princeville Kauai!

Hope everyone had a wonderful Easter. Number of sales for Mar 15 slightly underperformed when compared to Mar 14, coming in with 80, 7 shy of the Mar 14 number. The main decrease was in residential which went from 46 sales in Mar 14 to 34 for Mar 15. Land increased from 15 to 20 sales as did condos, going from 22 to 24 sales. Looking back over the last 6 years, Mar 15 has the second highest number of sales – Mar 10 had 60, Mar 11 saw 75 sales, in Mar 12 there were 67 sales and in Mar 13 there were 74.

Year to date the numbers are only 30 sales off, with 236 sales posted this time last year compared to 206 end of Mar 15. When you look back over the last 6 years it look pretty darn good, as there were only 185 sales this time Mar 13, 191 for year to date Mar 12, 197 for Mar 11 and a mere 154 for year to date Mar 10.

If you’ve been reading the local papers lately, you know there have been numerous high end sales this past month which boosted our median price to somewhere in the million dollar range. So it shouldn’t be a surprise to see that sales volume is way up from $56M for Mar 14 to $101M for Mar 15. This is far and away the greatest sales volume for the last 6 years. Mar 13 and 12 both posted $38M, Mar 11 had $41M and Mar 10 once again was the low point with only $29M in sales.

It’s no surprise then that median prices are off the charts with Mar 15 residential coming in at $967,500 while Mar 14 posted a median of $562,500. Land stayed pretty steady with a median of $300K for Mar 15 and a median of $399K for Mar 14. Condo went from $417,500 for Mar 15 to $310K for Mar 14.

When newspapers start reporting a median of over a million for real estate on Kauai, I find that many buyers and sellers automatically think prices haves skyrocketed and that their list price should be raised. Kauai is a very diverse Island with few residential subdivisions with like kind homes. Although it may be nice to read that the median for the Island is over a million, such an all encompassing number is irrelevant. When looking at homes a buyer or seller is better served to take their specific area and determine the average and median if desired.

Just out of curiosity I have posted the sales for Mar 14. Since there were 47 sales, the median is an average of a $550K and a $575K sale:

MLS # Location Sold Date Sold Price
266685 245 Lauone Rd 3/24/2014 $285,000
259180 4540 Hana Road 3/27/2014 $300,000
269089 3406 Kai Lani 3/28/2014 $305,000
269289 6340 Kaahele St 3/28/2014 $307,500
269046 8335 Elepaio Rd 3/19/2014 $319,900
261950 2135 Kolo Rd 3/24/2014 $320,000
262484 4640-A Kolea Rd 3/6/2014 $325,000
265027 1955 Kaku St 3/28/2014 $350,000
267506 1558 Papau St 3/14/2014 $350,000
266195 195 Lihau St 3/19/2014 $385,000
270364 4669 Makeke Rd 3/28/2014 $390,000
270150 4482 Komohana 3/19/2014 $390,000
268948 #40 Kalaheo Makai3/17/2014 $395,000
269180 4734 Opu Rd 3/21/2014 $430,000
272092 Molokoa 34 #B 3/21/2014 $442,000
267205 3214 Hiraoka St 3/28/2014 $445,000
270674 255 Kamokila Rd 3/19/2014 $450,000
267690 5181 Hauoli Pl 3/12/2014 $457,500
267703 2903 Aukoi St 3/13/2014 $470,000
264519 3730 Kikiwi Rd 3/21/2014 $475,000
255853 5688 Olohena Rd 3/12/2014 $510,000
269074 5892 Ahakea St 3/7/2014 $520,000
269185 1471 Kualapa Pl 3/24/2014 $550,000
268878 2384 Hulemalu 3/19/2014 $575,000
269655 6737 Puu Pilo P 3/13/2014 $630,000
260668 4275 Waileia Pl 3/28/2014 $653,300
267247 4591 Iwi Rd 3/12/2014 $675,000
266669 2437 Kanio St 3/13/2014 $710,000
261099 Kalaheo Homestds3/7/2014 $735,500
259565 Puu Pane 9 C #2 3/4/2014 $755,000
265009 1753 Kelaukia 3/24/2014 $785,000
263982 141 Royal Dr 3/13/2014 $825,000
264708 1679 Kelaukia 3/12/2014 $845,000
268665 4210 Liholiho 3/20/2014 $890,000
266560 3583 Keoniana 3/18/2014 $1,000,000
262262 6058 Lokomaikai 3/26/2014 $1,100,000
258806 4360 Wailapa Rd 3/24/2014 $1,100,000
264435 8 Kalihiwai B 3/6/2014 $1,175,000
265133 Pali Vista #D 3/10/2014 $1,300,000
264557 3963 Aloalii Dr 3/17/2014 $1,325,000
262888 3679 Kaweonui 3/28/2014 $1,390,000
265620 Hoku Lele Estate3/19/2014 $1,500,000
261570 2999 Kaohe Rd 3/25/2014 $1,875,000
267629 2225 Walelia Pl 3/7/2014 $2,125,000
266870 Poipu Aina 2 #A 3/14/2014 $2,400,000
265083 Kukuiula Ph Iii 3/28/2014 $2,845,000

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

Two sales, one at $950K and another at $985K, make up the median. Here is everything that sold in Mar 15:

MLS # Location Sold Date Sold Price
279326 4893 Ea Rd 3/11/2015 $325,500
279997 3906 Palani St 3/16/2015 $355,000
282638 4256 Hoohana St 3/12/2015 $390,000
280552 5875 Ohe St 3/3/2015 $449,000
280311 1127 Moanakai 3/13/2015 $501,000
273198 2867 Iliahi St 3/13/2015 $525,000
279768 2374 Kamali’i 3/13/2015 $552,000
277932 3564 Horita Rd 3/13/2015 $579,000
278161 3914 Kilohana 3/23/2015 $605,000
274416 6680 Kipapa Rd 3/6/2015 $650,000
269592 353 Aina Lani 3/18/2015 $700,000
280012 3663 Ilima Pl 3/27/2015 $705,000
278046 5059 Panini Pl 3/13/2015 $725,000
280592 1321 Kiowai Pl 3/13/2015 $775,000
275964 11 E Waiakalua 3/17/2015 $780,000
277703 7297 Alealea Rd 3/17/2015 $875,000
274869 Lydgate Rise #4 3/31/2015 $950,000
276440 Turtle Cove 3/5/2015 $985,000
277335 5403 Kolepa Pl 3/27/2015 $1,070,000
280793 4036 Kaikioewa 3/10/2015 $1,070,000
276659 4825 Emmalani 3/11/2015 $1,250,000
262931 Hui O Hihimanu 3/17/2015 $1,300,000
276964 7561 Koolau Rd 3/3/2015 $1,475,000
251596 Hale Melelina 3/23/2015 $1,750,000
279423 5115 Papio Pl 3/11/2015 $1,900,000
278010 5335 Weke Rd 3/6/2015 $2,000,000
282066 Hanalei Lani #A 3/2/2015 $2,100,000
279197 5167 Weke Rd 3/13/2015 $2,500,000
275587 Kukuiula 3/23/2015 $2,950,000
276370 2231 Pane Rd 3/27/2015 $2,975,000
282642 5032 Weke Rd 3/19/2015 $9,500,000
282639 5042 Weke Rd 3/19/2015 $9,500,000
282643 5020 Weke Rd 3/19/2015 $11,000,000
282592 5050 Weke Rd 3/18/2015 $13,500,000

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

As you can see, there were still several lower end properties sold and there are still many lower end properties available. To see the MLS statistics in it’s entirety, please click here to go to my website where I post it every month.

Questions? You know who to ask to get the facts before buying or selling.

Aloha Elaine

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 Apr 26th to May 2nd

Aloha from Princeville Kauai!

It was a beautiful week here in Paradise and the buyers were out in full force in both condos and houses. There were several new listing, escrows and sales across the board. We’re off to a good start for May – with the target of 112 sales which is the number of sales for May 14.

NEW LISTINGS

283913 CND A 1 4-5-3-6-22-73 FS $835,000 Kaiulani #73 1,738 #73 2/2.01
283403 CND A 5 4-5-4-11-3-90 FS $539,000 Hanalei Bay Resort #1537/38 867 #1537/​38 1/2.00

CONTINGENT SALES

280825 CND C 89 4-5-3-6-22-65 FS $798,000 Kaiulani #65 1,900 #65 2/2.01
277253 CND C 173 4-5-4-5-3-5 FS $275,000 Paniolo #105 1,058 #105 1/2.00
283259 CND C 24 4-5-4-5-30-26 FS $485,000 Mauna Kai #T4 1,512 #T4 3/2.01
275836 CND C 276 4-5-4-5-23-6 FS $489,000 Plantation #212 1,153 #212 2/2.00

SALES

275375 CND S 238 4-5-4-5-18-70 FS $345,000 Puamana #19D 1,298 #19D 2/2.00
SOLD 4/28/2015 for $325,000 (CNV) DOM 238

275790 CND S 240 4-5-4-6-1-33 FS $729,900 Villas Of Kamalii #33 1,825 #33 3/3.00
SOLD 4/17/2015 for $705,000 (CNV) DOM 240

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:

Kaiulani 73 is newly listed for $835K since selling from the developer in 4/07 for $863,540. Hanalei Bay Resort 1537/38 is priced at $539K since selling for $430K in 8/04. This condo was previously listed from 5/07 to 11/07 starting at $789K and reducing to $788,500 and again from 10/08 to 10/09 for $695K.

Contingent:

Kaiulani 65 is now in escrow while listed for $798K. The seller purchased this townhome for $730K in 4/13.

Paniolo 105 wasted no time in going back into escrow since falling out on 4/24 while priced at $275K. The prior purchase was for $415K in 7/05.

Mauna Kai T4, priced at $485K, is now in escrow. It last sold for $310K from the bank in 8/11.

Plantation 212 had been on the market for 274 days when it found a buyer this week while priced at $489K. The prior sale was for $560K in 3/07.

Sales:

Puamana 19D sold for $325K while priced at $345K. The seller bought this condo for $465K in 5/05. Villas of Kamalii 33 was priced at $729,900 and closed at $690K. It sold previously for $640K in 10/13. Surprisingly, this is one of the few times that there are no price reductions.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

283822 RES A 2 4-5-4-18-44 FS $829,000 4171 Kamalani Ln 10,235 sqft 2,369 4/2.01
280146 RES A 1 4-5-4-18-9 FS $1,049,000 4182 Mahina Pl 11,533 sqft 1,675 2/2.00
283800 RES A 2 4-5-4-16-20 FS $1,199,000 4066 Kaahumanu Pl 11,857 sqft 2,961 3/3.01
283837 RES C 5 4-5-4-17-9 FS $1,500,000 4881 Emmalani Drive 10,852 sqft 3,494 3/4.00

CONTINGENT SALES

283046 RES C 26 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00
277784 RES C 201 4-5-4-16-19 FS $765,000 4064 Kaahumanu Pl 12,058 sqft 2,274 3/2.00
267688 RES C 559 4-5-4-9-55 FS $1,449,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00
283837 RES C 5 4-5-4-17-9 FS $1,500,000 4881 Emmalani Drive 10,852 sqft 3,494 3/4.00

SALES

276922 RES S 114 4-5-4-19-21 FS $925,000 5081 Napookala Cir 15,240 sqft 2,491 3/2.00
SOLD 4/30/2015 for $925,000 (CASH) DOM 114

280109 RES S 39 4-5-4-13-69 FS $1,024,000 3683 Albert Rd 10,454 sqft 1,896 2/2.01
SOLD 5/1/2015 for $990,000 (CNV) DOM 39

275393 RES S 244 4-5-4-8-46 FS $1,295,000 5055 Kapiolani Lp 12,526 sqft 3,072 5/3.00
SOLD 5/1/2015 for $1,250,000 (CASH) DOM 244

EXPIRED

277975 RES X 182 4-5-3-12-12 FS $1,295,000 3985 Aloalii Dr 8,554 sqft 3,340 2/3.00

WITHDRAWN

279464 RES W 139 4-5-4-17-35 FS $749,900 4870 Victoria Lp 10,008 sqft 1,637 3/2.01

PRICE CHANGES

282774 RES A 30 4-5-4-16-18 FS $869,000- 4060 Ka’ahumanu Pl 11,792 sqft 2,364 3/3.00
280005 RES A 116 4-5-4-21-27 FS $870,000- 4871 Akai Pl 11,486 sqft 1,772 3/2.00
282991 RES A 24 4-5-4-18-23 FS $949,000- 4691 Emmalani Dr 10,526 sqft 2,229 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:

4171 Kamalani Lane last sold for $925K in 6/05 and is now listed for $829K as a fixer. 4182 Mahina Place sold for $400K in 7/99 and is newly listed for $1.049M.

4066 Kaahumanu, which was built in 05, last sold as land in 6/04 for $450K. The home, which is now listed for $1.199M, was originally listed from 8/08 to 1/09 for $1.475M, again from 5/09 to 5/10 for $1.4M and finally from 7/12 to 7/14 for $1.150M. 4881 Emmalani came on the market showing as contingent with a list price of $1.5M. The previous sale was for $1.2M in 12/12.

Contingent:

3981 Aloalii Drive found a buyer while priced at $1.450M after 21 market days. The prior sale was for $1,729,632 in 7/08. 4064 Kaahumanu Place is now in escrow while priced at $765K. The seller purchased this home from the bank for $479,900 in 8/11.

5331 Honoiki, with a list price of $1.449M, is now in escrow since selling for $762,500 in 1/11. As noted under new listings, 4881 Emmalani priced at $1.5M came on the market showing as in escrow.

Sales:

5081 Napookala sold for the asking price of $925K cash. The prior sale was for $825K in 6/14. 3683 Albert was listed for $1.024M and sold for $990K. The prior purchase was as land for $325K in 8/09. 5055 Kapiolani Loop sold for $1.250M cash while listed for $1.295M. This last sale was in 9/88 for $295K.

Expired:

After 182 days, 3985 Aloalii priced at $1.295M expired.

Withdrawn:

After 139 market days, 4870 Victoria Loop, priced at $749,900 was withdrawn. This home was purchased for $835K in 7/07.

Price Changes:

4060 Kahumanu is now priced at $869K down from $880K. The sellers bought this home for $600K in 4/11. 4871 Akai Place made a tiny price change to $870K from $873K.This home sold for $860K in 10/05. 4691 Emmalani Drive reduced to $949K from $995K. The home sold for $667,500 in 6/03.

April 15 sales fell well short of April 14 with a 32% decrease, from 95 down to 65 sales this past month. We’ll see how it goes for May. Don’t forget, next Sunday is Mother’s Day.

Questions? You know who to ask – get the facts before buying or selling. Enjoy your week in Paradise wherever it is.

Aloha Elaine

IMG_452308222

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 Apr 19th to Apr 25th

Aloha from Princeville Kauai!

We saw some activity from condos this week with two new listings and two contingencies. Homes didn’t fare quite as well as there were no new listings and only one new escrow. As of today, Sunday, there have been 54 sales as we move to meet or exceed the 95 from last April.

There are 71 active Princeville condo listings ranging in price from $275K to $2,399,990. As for homes, the selection is somewhat limited with only 35 listings ranging in price from $699K to $3.995M. Definitely something for every price range. Here is last week’s activity:

NEW LISTINGS

283685 CND A 4 4-5-4-5-24-101 FS $549,500 Nihilani #34B 1,406 #34B 2/2.00
283185 CND A 3 4-5-4-11-3-72 FS $875,000 Hanalei Bay Resort #8133/34 1,324 #8133/​34 2/2.00

BACK ON THE MARKET

277253 CND A 166 4-5-4-5-3-5 FS $295,000 Paniolo #105 1,058 #105 1/2.00

CONTINGENT SALES

268158 CND C 533 4-5-4-5-18-4 FS $340,000 Puamana #1D 1,298 #1D 2/2.00
281119 CND C 80 4-5-4-5-18-71 FS $399,000 Puamana #20A 1,298 #20A 2/2.00

SALES

281500 CND S 13 4-5-4-11-3-14 FS $750,000 Hanalei Bay Resort #C16 1,705 #C16 3/3.00
SOLD 4/20/2015 for $740,000 (CASH) DOM 13

PRICE CHANGES

277253 CND A 166 4-5-4-5-3-5 FS $275,000- Paniolo #105 1,058 #105 1/2.00
282434 CND A 32 4-5-4-5-16-49 FS $749,000- Alii Kai #6101 1,088 #6101 2/2.00
275370 CND A 284 4-5-4-6-1-50 FS $754,000- Villas Of Kamalii #50 1,825 #50 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:

Nihilani 34B is now listed for $549,500 since selling for $450K in 4/14. Hanalei Bay Resort 8133/34 is new to the market priced at $875K. This one owner condo was purchased for $190K in 10/88.

Back on the Market:

Paniolo 105, priced at $295K is unfortunately back on the market after going into escrow on 4/13. The unit was purchased for $415K for 7/05. It also reduced from $295K to $275K.

Contingent:

After 529 days, Puamana 1D went into escrow priced at $340K. The sellers purchased this townhome for $345K in 8/03. Puamana 20A also found a buyer while listed for $399K. It was purchased for $315K in 7/10.

Sales:

Hanalei Bay Resort 4101/02/03 sold for $740K cash while listed for $750K. The previous sale was for $250K in 9/98.

Price Changes:

As noted above, Pamiolo 105 reduced as it came back on the market from $295K to $275K. Alii Kai 6101 made a huge reduction from $899K to $749K after 29 market days. This one owner unit was purchased for $108,500 in 5/86. Villas of Kamalii 50 made a minor change and is now listed for $754K, down from $749K. This condo last sold for $620K in 4/04.

Now on to your Princeville Kauai single family home update:

BACK ON THE MARKET

267688 RES A 552 4-5-4-9-55 FS $1,449,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00

CONTINGENT SALES

279760 RES C 129 4-5-4-16-67 FS $1,345,000 4421 Emmalani Dr 11,463 sqft 2,126 2/2.01

UNDER CONTRACT

270286 RES U 421 4-5-4-14-28 FS $824,000 3907 Kamehameha Rd 17,070 sqft 2,863 3/2.00
280109 RES U 39 4-5-4-13-69 FS $1,024,000 3683 Albert Rd 10,454 sqft 1,896 2/2.01

PRICE CHANGES

275795 RES A 220 4-5-4-18-52 FS $1,315,000- 4555 Emmalani Dr 10,371 sqft 3,482 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.

Back on the Market:

5331 Honoiki, priced at $1.449M is back on the market since expiring on 4/17. The prior sale was for $762,500 in 1/11.

Contingent:

4421 Emmalani Drive priced at $1.345M went into escrow. The prior sale was for $980K in 1/08.

Under Contract:

3907 Kamehameha is now under contract priced at $824K and will close shortly. 3683 Albert listed for $1.024M moved to under contract and should be closing soon.

Price Changes:

4555 Emmalani Drive is now $1.315M down from $1.35M. The prior sale was for $600K in 6/02.

Have you heard about the Zonta Club of Hanalei’s Spa Day which is scheduled for Saturday May 16th? With Mother’s Day the week before on May 10th, you may want to consider purchasing a ticket as a Mother’s Day gift and give your Mom a day of special pampering.

The “Luxury Ladies Spa Day” is held at an amazing Kauai estate in Kalihiwai Ridge from 9:30 to 4. Priced at $125, entrance entitles the lucky ticket holder to the opportunity to spend a relaxing day poolside, soaking in the hot tub, enjoying a massage or facial plus a gourmet lunch.

There are many interesting activities planned throughout the day like flower arranging, watercolor classes, water aerobics, yoga, zumba, beauty treatments and a silent auction. What a great gift! For more information, please go to their website, Zontaclubofhanalei.com.

The Zonta Club of Hanalei is just one of the many fine organizations available for you to join on Kauai’s North Shore. Along with the various organizations (Lions, Rotary) there are also many activity groups from quilting to hiking and everything in-between. All it takes is a bit of time and inquiry to discover all that’s available.

For events specifc to Princeville, you can go to Princevillecommunity.com, click on the drop down Community Center tab and choose PHCA event calandar. While many areas of this website are only available to Princeville property owners, this section does not require a login.

Any questions on Real Estate? You know who to ask. Get the facts before buying or selling.

Aloha Elaine

Photo1

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 Apr 12th to Apr 18th

Aloha from Princeville Kauai!

I hope your week was as beautiful wherever you are as it was here! The sunshine and trades apparently got the buyers out and about as several condos and homes went into escrow, along with several closings. Nice to see activity across the board. Take a look for yourself:

NEW LISTINGS

283313 CND A 4 4-5-3-6-22-75 FS $824,900 Kaiulani #75 1,892 #75 2/2.01
283296 CND A 5 4-5-3-6-22-55 FS $1,199,000 Kaiulani #55 2,479 #55 3/3.00

CONTINGENT SALES

269574 CND C 474 4-5-3-11-1-10 FS $749,000 Villas On The Prince #10 1,732 #10 3/3.00
283347 CND C 8 4-5-3-6-22-14 FS $1,450,000 Kaiulani #14 2,843 #14 3/3.01
277253 CND C 159 4-5-4-5-3-5 FS $295,000 Paniolo #105 1,058 #105 1/2.00
265147 CND C 646 4-5-4-5-24-95 FS $560,000 Nihilani #32B 1,406 #32B 2/2.01

SALES

279508 CND S 40 4-5-3-6-22-64 FS $845,000 Kaiulani #64 1,738 #64 2/2.01
SOLD 4/14/2015 for $775,000 (CASH) DOM 40

279363 CND S 13 4-5-4-12-9-13 FS $720,000 Pali Ke Kua #133/134 1,148 #133/​134 2/2.00
SOLD 4/13/2015 for $710,000 (CASH) DOM 13

PRICE CHANGES

282257 CND A 42 4-5-4-5-7-9 FS $298,000- Sealodge #B1 566 #B1 1/1.00
276782 CND A 221 4-5-4-5-17-2 FS $385,000- Alii Kai #8B 1,020 #8B 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:

Kaiulani 75 sold in 4/07 from the developer for $899,400. It was first listed from 1/11 to 1/12 starting at $994K and reducing to $899K, then from 10/13 to 4/14 for $875K and lastly from 9/14 to 3/15 starting at $895K and declining to $849K. It returned to the market this week priced at $824,900.

Kaiulani 55 sold from the developer in 4/13 for $999K and is now newly listed for $1.199M.

Contingent:

Villas on the Prince 10, which has been on the market for 471 days, is now in escrow while priced at $749K. The last sale was for $474,320 in 2/02.

Kaiulani 14 was only on the market for 4 days when it went into escrow with a list price of $1.450M. This townhome sold from the developer in 1/08 for $1,724,070.

Paniolo 105 found a buyer while priced at $295K. The prior sale was for $415K in 7/05.

Nihilani 32B finally went into escrow after 646 market days. The two bedroom unit was listed for $560K and sold previously for $679,295 from the developer in 1/06.

Sales:

Kaiulani 64 sold for $775K cash while priced at $845K. The prior sale was for $590K in 12/11.

Ocean view Pali Ke Kua 133/134 was purchased for $710K cash while listed for $720K after only 13 market days. The sellers bought this condo in 12/91 for $275K.

Price Changes:

Sealodge B1 reduced to $289K from $310K. The seller bought this condo in 5/11 for $110K. Alii Kai 8B is now $385K down from $399,990. The sale priced was $285K in 6/03.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

283502 RES A 3 4-5-4-18-61 FS $947,000 4178 Kamalani Lane 11,567 sqft 2,322 4/2.01

CONTINGENT SALES

277390 RES C 199 4-5-4-21-31 FS $775,000 3920 Kaweonui Rd 14,900 sqft 1,986 3/2.01
282884 RES C 17 4-5-4-23-71 FS $849,500 3784 Mapuana Pl 9,985 sqft 1,857 3/2.01

SALES

277702 RES S 124 4-5-4-15-10 FS $727,000 3829 Haulani Pl 11,502 sqft 1,873 3/2.00
SOLD 4/14/2015 for $700,000 (1031, CNV) DOM 124

275499 RES S 215 4-5-4-16-72 FS $1,185,000 4436 Emmalani Dr 10,034 sqft 3,444 4/3.00
SOLD 4/16/2015 for $1,085,000 (1031, CNV) DOM 215

EXPIRED

267688 RES X 547 4-5-4-9-55 FS $1,449,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00

PRICE CHANGES

282979 RES A 16 4-5-3-11-34 FS $1,695,000- 4080 Aloalii Dr 11,096 sqft 2,794 3/3.01
277784 RES A 187 4-5-4-16-19 FS $765,000- 4064 Kaahumanu Pl 12,058 sqft 2,274 3/2.00
281416 RES A 65 4-5-4-16-25 FS $1,245,000- 4989 Emmalani Dr 11,744 sqft 2,700 3/2.01
279646 RES A 124 4-5-4-16-84 FS $1,325,000- 4100 Nalani Ln 10,542 sqft 2,643 3/2.02

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

New Listings:

4178 Kamalani Lane is now priced to sell at $947K since being purchased by the sellers for $830K in 8/13.

Contingent:

3920 Kaweonui found a buyer while priced at $775K. This home last sold for $355K in 5/90.

3784 Mapuana Place is in escrow priced at $849,500 after 12 market days. The prior sale was for $405K in 4/06.

Sales:

38829 Haulani Place closed at $700K while listed for $727K. It was purchased for $257,951 in 2/98.

4436 Emmalani was priced at $1.185M and sold for $1.085M. The prior sale was for $990K in 10/03.

Price Changes:

4080 Aloalii reduced from $1.895M to $1.695M which is exactly what the seller paid for it in 3/07. 4064 Kaahumanu made a strong reduction to $765K, down from $890K. The seller bought this home for $479,900 in 8/11.

4989 Emmalani Drive made a minor price change from $1.250K to $1.245M. The prior sale was for land in 4/84 which sold for $78K. The home was built later in 84. 4100 Nalani Lane reduced from $1.395M to $1.325M since selling for $1.1M in 8/14.

People often ask if I get “rock fever” on Kauai or if I miss the big city. I love Kauai – I love the natural beauty, the pace of life, the climate, the culture – I could go on but I think you get the point. However, for those times when I want something more, a trip to Oahu is just a plane ride away. I enjoy finding a good fare on Island Air and spending a couple of days soaking up some Ala Moana Shopping Center vibes, or seeing a new movie in a state of the art Theatre at Ward Cinemas, experiencing a new restaurant…..

You don’t really need a car to get around if your goal is to experience Honolulu and Waikiki. Oahu has a fabulous and easy to learn bus system. The 19 or 20 takes you to and from the Airport to Waikiki and will drop you off within walking distance of many hotels. Certainly, it stops right in front of Ala Moana Shopping Center and from there you can easily walk to the Ward Center and / or the Ward Cinema. Along the way you’ll find TJMaxx, Nordstroms Rack, and Bed, Bath and Beyond.

Although these stores are commonplace on the mainland, none of them are on Kauai so it’s always fun to check out someplace new. So if you find yourself feeling restless on Kauai, a quick trip to Oahu could be just the fix you need.

As for real real estate, we’ve posted 43 sales as of today, Sunday, on the way to meeting or exceeding last April’s 95 sales. Questions? You know who to ask. Get the facts before buying or selling. Enjoy your Paradise, whereever it may be.

Aloha Elaine

IMG_450202559

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 Apr 5th to Apr 11th

Aloha from Princeville Kauai!

It’s a perfect Sunday in paradise with cooling breezes along with a good dose of sunshine and clouds. Gotta love it.

The magic number for April is ninety five sales and we are now at eleven. Four condos went into escrow but unless they are cash, they probably won’t contribute to the April Stats given that most escrows are forty five days or longer. As for single family homes, the auction property on Mahina found a buyer in eight days.

Although there were some new escrows, they were far outpaced by the four new condo listing, the two that came back on the market along with four new home listings. All in all, it was a pretty active week. Take a look for yourself:

NEW LISTINGS

283347 CND A 1 4-5-3-6-22-14 FS $1,450,000 Kaiulani #14 2,843 #14 3/3.01
283259 CND T 3 4-5-4-5-30-26 FS $485,000 Mauna Kai #T4 1,512 #T4 3/2.01
283177 CND A 4 4-5-4-12-10-22 FS $690,000 Emmalani Court #325 1,456 #325 2/2.00
282625 CND A 4 4-5-4-12-3-15 FS $699,000 Hanalei Bay Villas #15 1,244 #15 2/2.01

BACK ON THE MARKET

283259 CND A 3 4-5-4-5-30-26 FS $485,000 Mauna Kai #T4 1,512 #T4 3/2.01
273350 CND A 328 4-5-4-5-39-137 FS $629,000 Cliffs #5307 1,137 #5307 2/2.00
277962 CND A 176 4-5-4-6-1-6 FS $760,000 Villas Of Kamalii #6 1,761 #6 3/3.00

CONTINGENT SALES

278394 CND C 159 4-5-3-11-1-13 FS $739,000 Villas On The Prince #13 1,732 #13 3/3.00
275487 CND C 260 4-5-3-6-22-72 FS $859,900 Kaiulani #72 1,892 #72 2/2.01
281640 CND C 46 4-5-4-5-17-32 FS $419,000 Alii Kai #11H 1,037 #11H 2/2.00
282871 CND C 16 4-5-4-5-24-34 FS $560,000 Nihilani #12A 1,406 #12A 2/2.00

SALES

280458 CND S 7 4-5-4-15-21-28 FS $360,000 Sandpiper #128 1,042 #128 2/2.00
SOLD 4/9/2015 for $355,000 (CNV) DOM 7

TEMPORARILY WITHDRAWN

282683 CND T 11 4-5-4-15-21-7 FS $350,000 Sandpiper #107 1,042 #107 2/2.00
283259 CND T 3 4-5-4-5-30-26 FS $485,000 Mauna Kai #T4 1,512 #T4 3/2.01

PRICE CHANGES

276121 CND A 233 4-5-3-11-1-32 FS $649,000- Villas On The Prince #32 1,737 #32 3/3.00
281119 CND A 66 4-5-4-5-18-71 FS $399,000- Puamana #20A 1,298 #20A 2/2.00
281438 CND A 59 4-5-4-6-1-59 FS $659,000- Villas Of Kamalii #59 1,766 #59 3/3.00
277962 CND A 176 4-5-4-6-1-6 FS $760,000- Villas Of Kamalii #6 1,761 #6 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:

Kaiulani 14 came on the market for the first time since selling from the developer in 1/08 for $1,724,070 with a list price of $1.450M.

Mauna Kai T4 sold as a bank foreclosure in 8/11 for $310K and came on the market priced at $485K. It was briefly withdrawn, then put back on the market, all in one week.

Emmalani Court 325 is listed for $690K since last selling for $390K in 6/09.

Hanalei Bay Villas 15 is a one owner unit purchased for $127,500 in 2/88 and is now newly listed for $699K.

Back on the Market:

As noted under New Listings, Mauna Kai T4 was briefly withdrawn then put back on the market.

After expiring last week, ocean view third floor Cliffs 5307 is back on the market priced at $629K. It sold for $470Kin 7/04.

Villas of Kamalii 6 shows as back on the market priced at $760K. It last sold for $512,925 in 5/03.

Contingent:

Villas on the Prince 13 is now in escrow priced at $739K. The last sale was for $525K in 4/08.

Kaiulani 72 is priced at $859,900 and found a buyer this week. This beautifully upgraded townhome sold for $857,270 from the developer in 4/07.

Alii Kai 11H sold previously for $78K in 4/87, and is now in escrow with a list price of $419K. This is another one owner condo!

The developers last remaining unit in Nihilani, unit 12A finally went into escrow while priced at $560K.

Sales:

Sandpiper 128 sold for $355K while listed for $360K. The seller bought this unit in 7/11 as a bank owned property for $214,900.

Temporarily Withdrawn:

Sandpiper 107 was temporarily withdrawn after 11 market days priced at $350K. The previous sale was for $365K in 9/04. As noted above, Mauna Kai T4 was withdrawn after 3 market days.

Price Changes:

Villas on the Prince 32 is now priced at $649K, down from $669K. The prior purchase was for $545K in 2/03.

Puamana 20A reduced to $399K from $424,900 having last sold for $315K in 7/10.

Villas of Kamalii 59 reduced to $659K from $690K. It was purchased for $586K in 4/04. Villas of Kamalii 6 went from $780K to $760K. The last sale was for $512,925 in 5/03 from the developer.

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

NEW LISTINGS

283046 RES A 5 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00
274881 RES A 4 4-5-4-10-4 FS $749,000 4130 Liholiho Rd 9,969 sqft 1,736 3/2.00
282991 RES A 3 4-5-4-18-23 FS $995,000 4691 Emmalani Dr 10,526 sqft 2,229 3/2.01
280073 RES T 0 4-5-4-15-6 FS $649,000 3881 Albert Rd 11,515 sqft 1,272 3/2.00

BACK ON THE MARKET

283046 RES A 5 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

UNDER CONTRACT

283007 RES U 8 4-5-4-18-15 FS $789,900 4175 Mahina Pl 10,672 sqft 2,246 3/2.01

WITHDRAWN

282098 RES W 31 4-5-4-23-39 FS $749,000 3814 Iluna Pl 7,638 sqft 1,510 2/2.00
277118 RES W 202 4-5-4-18-54 FS $945,000 4537 Emmalani Dr 10,603 sqft 1,632 3/2.00
280447 RES W 81 4-5-4-18-23 FS $995,000 4691 Emmalani Dr 10,524 sqft 2,229 3/2.01

PRICE CHANGES

275643 RES A 256 4-5-4-24-14 FS $711,000- 4260 Waileia Pl 9,529 sqft 1,632 3/2.00
282326 RES A 12 4-5-4-17-36 FS $875,000- 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:

3981 Aloalii, priced at $1.450M appears to be on the market to stay this time. It came on the market last week, then was withdrawn and came back on this week. You’ll also see it under back on the market. This Queen Emma’s Bluffs home sold for $1,729,632 in 7/08.

4130 Lihiliho was purchased by the seller in 10/83 for $145K and this is the first time on the market since that time. It is priced at $749K.

4691 Emmalani Drive was withdrawn and immediately relisted still priced at $995K. This home last sold for $667,500 in 6/03. You’ll also see it under the withdrawn section of this update.

3881 Albert, priced at $649K, shows as temporarily off the market under new listings. I guess the MLS had to show it as active in order to then show it as temporarily withdrawn but whatever the case, the fact is that this home was off the market and that the agent changed brokerages, which is probably what accounted for the unusual entry. It last sold for $745K in 6/05.

Under Contract:

4175 Mahina Place, a bank owned property being sold at auction with a list price of $789,900 went under contract in the record time of only 8 days.

Withdrawn:

3814 Iluna Place priced at $749K was withdrawn after 31 market days. The sellers bought this home in 2/95 for $230K. 4537 Emmalani priced at $945K left the market after 202 days. The prior sale was for land in 6/93 for $165K. The home was built in 95. As noted above, 4691 Emmalani came off the market and right back on.

Price Changes:

4260 Waileia Place reduced to $711K from $729K and last sold for $665K in 3/07. 4862 Victoria Loop made a price adjustment after only 10 market days, going from $925K to $875. The prior sale price of this home was for $1.039M in 11/07.

This week we had the opportunity to learn more about the new “Hanalei Club” which is what they are calling the forthcoming Princeville development which will be managed by the Discovery Land Company. They already have “Communities” on the Big Island and Maui and Kauai is next in line. This development, which will start with 51 lots from 1 to 7 acres priced from $4M-$13M puts a whole new meaning to the word “exclusive” and “private.”

Their goal is to cater to every whim of their owners so that they can come and just enjoy the Island. They already have rights to a trail to the polo field, they own a house on Anini as well as one in Hanalei by Postcards, along with 800 acres behind it where they plan to create an organic farm. Of course, these properties will be either renovated or rebuilt to the standards expected by their clientele. The Discovery Land representatives stressed that all building would be low impact and would blend in with the environment.

“Outdoor Pursuit Employees” will drive members to whatever activity they wish to participate in – be it horseback riding (they will be privatizing the Princeville Ranch and building an all new stable) paddling, surfing, SUP whatever it is, they will take you, outfit you, teach you (if needed) and return you to your home. They are looking to hire the best in each of the various sports fields.

While this all sounds pretty magical, it’s only magical for a select few. It’s unfortunate that all this money will be put into the Island with great infrastructure, new restaurants, new stables, and so on — but the people of Kauai will have no access to it.

If you want to check them out, you can go to Discoverylandco.com to see their existing “communities.”

If you have questions about this or other Kauai real estate, please do not hesitate to ask. I’m here so you can get the facts before buying or selling.

Aloha Elaine

IMG_450030712
Amazing clouds made for an equally amazing sunrise.

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 Mar 29th to Apr 4th

Aloha from Princeville Hawaii!

Happy Easter everyone! This was one busy week, with seven new condo listings, three that found buyers and one that closed. Maybe it was the sunny weather that brought the buyers out, but whatever it was, it’s nice to see activity. Take a look:

NEW LISTINGS

283041 CND A 2 4-5-3-6-22-27 FS $1,459,000 Kaiulani #27 2,864 #27 3/3.01
283011 CND A 2 4-5-4-5-27-20 FS $324,995 Hale Honu #10B 1,085 #10B 3/1.01
283040 CND A 3 4-5-4-5-16-7 FS $425,000 Alii Kai #1203 1,085 #1203 2/2.00
282651 CND A 3 4-5-4-5-39-159 FS $525,000 Cliffs #7201 963 #7201 1/2.00
282961 CND A 3 4-5-4-5-24-29 FS $610,000 Nihilani #10B 1,567 #10B 2/2.01
282868 CND A 3 4-5-4-5-39-161 FS $695,000 Cliffs #7203 1,864 #7203 4/4.00
282872 CND A 2 4-5-4-6-1-2 FS $745,000 Villas Of Kamalii #2 1,766 #2 3/3.00

CONTINGENT SALES

275456 CND C 173 4-5-3-11-1-16 FS $710,000 Villas On The Prince #16 1,732 #16 3/2.01
279508 CND C 45 4-5-3-6-22-64 FS $845,000 Kaiulani # 64 1,738 #64 2/2.01
281500 CND C 17 4-5-4-11-3-14 FS $750,000 Hanalei Bay Resort #C16 1,705 #C16 3/3.00

SALES

277794 CND S 670 4-5-4-5-18-31 FS $330,000 Puamana #8D 1,298 #8D 2/2.00
SOLD 3/31/2015 for $325,000 (CNV) DOM 670

UNDER CONTRACT

280458 CND U 7 4-5-4-15-21-28 FS $360,000 Sandpiper #128 1,042 #128 2/2.00
282893 CND U 4 4-5-4-5-4-14 FS $485,000 Mauna Kai #4 1,498 #4B 2/2.00

EXPIRED

273350 CND X 327 4-5-4-5-39-137 FS $629,000 Cliffs #5307 1,137 #5307 2/2.00

WITHDRAWN

275792 CND W 231 4-5-4-5-16-7 FS $460,000 Alii Kai #1203 1,085 #1203 2/2.00

PRICE CHANGES

283040 CND A 3 4-5-4-5-16-7 FS $425,000- Alii Kai #1203 1,085 #1203 2/2.00
281663 CND A 38 4-5-4-5-24-61 FS $669,000- Nihilani #21A 1,874 #21A 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:

Kaiulani 27 sold from the developer in 8/07 for $1,652,100 and is now listed for $1.459M. It has been listed quite a bit since the initial purchase, first from 11/07 to 10/08 starting at $1.965M and reducing to $1.850M, from 11/08 to 11/09 starting at $1.850M and reducing to $1.795M, again from 11/09 to 11/10 starting at $1.695M and reducing to $1.6M and finally from 12/10 to 10/11 for $1.480M.

Hale Honu 10B is back on the market with a new lower price of $324,995, since being listed from 6/13 to 12/14, starting at $375K and dropping to $365K. This townhome style condo was purchased for $365K in 9/07 and is now the least expensive 3 bedroom unit in Princeville.

Alii Kai 1203 was withdrawn from the market after 231 days priced at $460K and immediately re-listed for $460K as a bank owned property then adjusted to $425K so you’ll see it under price changes as well as the withdrawn section. The unit sold for $136K in 10/80, and was foreclosed on by the bank in 2/15. The prior listing started in 7/14 priced at $535K, decreasing to $460K by the time it was withdrawn on 4/15.

Cliffs 7201, an end, ocean view condo is now listed for $525K. It sold for $655K in 8/05 and was listed before from 3/11 to 3/12 for $599K and again from 1/14 to 1/15 for $530K.

Nihilani 10B makes its first MLS appearance priced at $610K since selling for $380K from the developer in 2/10.

Returning to the market is Cliffs 7203, a four bedroom unit priced at $695K. The seller purchased this unit in 5/03 for $440K. It was previously listed from 3/14 to 3/15, starting at $758K and reducing to $695K.

Villas of Kamalii 2 is newly listed for $745K. The seller purchased this unit for the very nice price of $655K in 3/13.

Contingent:

Villas on the Prince 16, with a list price of $710K was on the market 173 days and found a buyer this week. The seller purchased this unit for $467,580 in 3/02 from the developer.

Kaiulani 64 found a buyer after only 41 days while priced at $845K. The prior sale was for $590K in 12/11.

Hanalei Bay Resort 4101/02/03 is now in escrow after 13 days priced at $750K. The seller purchased this condo for $250K in 9/98.

Sales:

Puamana 8D sold for $325K while listed for $330K. This condo sold for $80K in 8/87 as a leasehold unit, converting to fee simple in 10/00 for $35,700.

Under Contract:

Both Sandpiper 128, priced at $360K and Mauna Kai 4B, priced at $485K, moved from contingent to under contract and should be closing soon.

Expired:

Cliffs 5307 expired while priced at $629K after 327 market days. This unit last sold for $470K in 7/04.

Withdrawn:

As noted above, Alii Kai 1203 was withdrawn and relisted.

Price Changes:

Nihilani 21A was $675K and is now $669K. The last sale was a short sale for $450K in 6/12.

Now on to your Princeville Single family home update where you’ll see quite a few new listings and one new escrow:

NEW LISTINGS

282979 RES A 2 4-5-3-11-34 FS $1,895,000 4080 Aloalii Dr 11,096 sqft 2,794 3/3.01
283007 RES A 4 4-5-4-18-15 FS $789,900 4175 Mahina Pl 10,672 sqft 2,246 3/2.01
282884 RES A 3 4-5-4-23-71 FS $849,500 3784 Mapuana Pl 9,985 sqft 1,857 3/2.01
282774 RES A 2 4-5-4-16-18 FS $880,000 4060 Ka’ahumanu Pl 11,792 sqft 2,364 3/3.00
282326 RES A 5 4-5-4-17-36 FS $925,000 4862 Victoria Lp 9,873 sqft 1,841 3/3.00
283046 RES W 569 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

CONTINGENT SALES

274904 RES C 235 4-5-4-15-13 FS $719,500 3841 Haulani Pl 10,409 sqft 2,016 3/2.00

SALES

279766 RES S 46 4-5-4-16-87 FS $849,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00
SOLD 4/1/2015 for $811,000 (CASH) DOM 46

WITHDRAWN

283046 RES W 569 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

PRICE CHANGES

280005 RES A 88 4-5-4-21-27 FS $873,000- 4871 Akai Pl 11,486 sqft 1,772 3/2.00
279628 RES A 108 4-5-4-9-35 FS $2,195,000- 4231 Kekuanaoa Ln 13,014 sqft 3,177 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:

4080 Aloalii Drive is listed for $1.895. The last sale was for $1.695M in 3/07.

4175 Mahina Place, which shows a list price of $789,900, is being sold by a national auction house through online bidding. The home is being sold as is and no interior or exterior inspections are allowed. To bid, you must have your agent register you. This home was listed once before from 3/10 to 2/11 for $989K. The last sale was in 2/05 for $850K.

3784 Mapuana Place, priced at $849,500 is now listed since selling for $405K in 4/06. It was listed once before for $895K reducing to $849K from 12/08 to 9/09.

4060 Kaahumanu is a new listing priced at $880K. The prior sale was for $600K in 4/11.

Newly listed since being purchased for $1.039M in 11/07 is 4862 Victoria Loop. This single level home on a quiet side street with a private backyard is an existing vacation rental. It has vaulted ceilings throughout and an open floor plan, along with slate tile throughout, except for Berber carpet in the bedrooms. This home is in immaculate condition, and yes, it is my newest listing!

3981 Aloalii with a price of $1.450M was withdrawn after showing as a new listing for one day. It had been previously listed under a different MLS number which is why it shows with 569 market days. You will see it under the withdrawn portion of the update. The seller purchased this home for $1,729,632 in 7/08.

Contingent:

3841 Haulani Place, priced at $719,500 went into escrow this week. The prior sale was for $775K in 2/07. It had previously shown as withdrawn but apparently some buyer remembered the house and decided they wanted to purchase this home.

Sales:

4120 Nalani was purchased for $700K in 8/08 and sold for $811K cash while listed for $849K.

As noted under new listings, 3981 Aloalii was withdrawn as soon as it was listed.

Price Changes:

4871 Akai Place made an insignificant reduction, going from $875K to $873K. The purchase price was $860K in 10/05. 4231 Kekuanaoa is now $2.195M, down from $2.395M. The last sale was for $1.617M in 12/14.

March made a valiant effort to meet last year’s numbers, and closed out the month only 7 shy of the goal, posting 80 sales for Mar 15 compared to 87 in Mar 14. However, the Hanalei district numbers, which includess Princeville, saw increases across the board – going from 11 homes sold last Mar to 16 this Mar, from 1 vacant lot sold to 4 sold this Mar and from 2 condo sales up to 7 for Mar 15. Love the North Shore of Kauai!

Year to date we are slightly behind last year which had 230 at the end of Mar 14 while the current number is 206 at the end of Mar 15. Interest rates are still low and if you’re a bargain hunter, there are still short sales and foreclosures to be found (you just have to be patient.)

In addition, there are 37 homes and 72 condos to choose from, ranging in price, for homes, from $699K to $3.995M and for condos, from $295K to $2,399,990. Yes, that is quite a price range and if you need help understanding pricing or how to purchase on Kauai, you know who to ask. Enjoy the rest of your Easter in Paradise, wherever it is!

Aloha Elaine

Lilly

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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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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