Just how many Princeville condos are for sale right now???
I usually present weekly updates, or scan in the monthly stats- this time I thought it would be interesting to see how the Princeville condo market is faring overall. Right now, there are a total of 141 active listings, not counting fractional offerings of which there are 39 segments. From a quick glance it looks like just about every condo complex in Princeville is represented with the exception of Hanalei Bay Villas. There are only 37 of these two story free standing units in this complex. They’re quite popular as they’re more like a small house than a condo and they often move quickly when available. Overall, prices range from a low of $350K for a leasehold Pali Ke Kua with ocean views to a $2,675,000 top floor Pu’u Po’a which offers stunning ocean panoramas! Pu’u Po’a is the closest complex to the world famous Princeville Resort Hotel with a short 3 to 5 minute walk from the door of your palatial condo to one of the Hotel’s fine restaurants.
Although the MLS shows 48 condos in escrow, only 11 are resales. The others are the new Kai’ulanis that are developer pre-sales which show as “under contract.” Of the 11 true resales, one is under contract and the others are contingent. “Contingent” status means an acceptable offer has been received and the condo is in escrow with some contingencies remaining. The typical contingencies are the property inspection (section C-51 of the purchase contract), Seller’s Disclosure (C-44) Condo Association document review (C-64) and subdivision document review. (C-66.)
The final contingency is always financing. Agents always do their best to ensure clients are qualified but every now and again a property “falls out” due to financing. The problem is that buyers are usually not declined until all the loan paperwork and appraisal have been submitted, which is usually around day 35 of a 45 day escrow. Not a pleasant experience for anyone, especially the seller who has had their property off the market the entire time. The other contingencies are removed shortly after acceptance of the contract. For example, most property inspections can be completed within 10 or 14 days, condo docs and subdivision docs can be acquired within 10 days with review completed within 8 or 10 days. Once all the contingencies are removed, (which is usually just about when the condo is ready to close) the status is changed from “C” to “U” for under contract.
Since April 1, 2007 to September 26, 2007, there have been 43 sales. With 7 condos a month selling and 141 on the market that means we have enough inventory for the next 19+ months. And you were wondering if it’s a buyer’s or seller’s market! Usually when the inventory surpasses the 6 month mark, that means we are heading into “buyer’s market” territory.
By comparison, there are 53 Princeville homes on the market with 4 in escrow. This does not include any fractional offerings either in actives or those in escrow. Since April 1, 2007, 20 homes have sold which means we have enough inventory, at 3.33 sales per month, for the next 16 months. Seems homes are faring only slightly better than condos.
Here are all the condos currently on the market, excluding fractionals. If you are looking to buy, now is clearly a great time as everything is slanted in the buyer’s favor and the choices among the condos are exceptional:
Copyright 9/26/2007 by Hawaii Information Service
MLS DATA
MLS # Tp St DOM Taxkey Tnr Price Location Land area Details
174822 T A 482 4-5-4-12-9-28 LH $350,000 Pali Ke Kua Iii #238 993 #238 1/1.5
198541 T A 70 4-5-4-15-21-5 FS $395,500 Sandpiper Village I #105 1,042 #105 2/2.0
188646 T A 281 4-5-4-5-3-4 FS $412,000 Princeville Paniolo #104 1,058 #104 1/2.0
196403 T A 119 4-5-4-5-18-81 FS $425,000 Puamana #22C 1,790 #22C 2/2.0
196725 T A 110 4-5-4-5-3-19 FS $427,000 Princeville Paniolo #204 1,058 #204 1/2.0
198214 T A 59 4-5-4-15-21-15 FS $429,000 Sandpiper Village I #115 1,042 #115 2/2.0
199242 T A 56 4-5-4-15-21-8 FS $440,000 Sandpiper Village I #108 1,042 #108 2/2.0
199681 T A 47 4-5-4-15-21-12 FS $449,900 Sandpiper Village I #112 1,042 #112 2/2.0
192351 T A 206 4-5-4-5-3-3 FS $455,000 Princeville Paniolo #103 1,058 #103 1/2.0
189454 T A 246 4-5-4-5-3-24 FS $459,000 Princeville Paniolo #211 1,058 #211 1/2.0
163432 T A 691 4-5-4-15-21-41 FS $460,000 Sandpiper Village I #204 1,173 #204 3/2.5
197016 T A 91 4-5-4-15-21-7 FS $464,000 Sandpiper Village I #107 1,042 #107 2/2.0
195595 T A 139 4-5-4-5-27-8 FS $465,000 Hale Honu #4B 866 #4B 2/1.0
198740 T A 63 4-5-4-5-18-91 FS $470,000 Puamana #25B 1,532 #25B 2/2.0
183571 T A 357 4-5-4-5-3-7 FS $475,000 Princeville Paniolo #107 1,058 #107 1/2.0
197351 T A 99 4-5-4-15-21-54 FS $475,000 Sandpiper Village I #217 1,173 #217 3/2.5
198765 T A 48 4-5-4-15-21-32 FS $484,000 Sandpiper Village I #132 1,042 #132 2/2.0
201460 T A 1 4-5-4-5-3-25 FS $485,000 Princeville Paniolo #213 1,058 #213 1/2.0
199866 T A 37 4-5-4-5-27-1 FS $485,000 Hale Honu #1A 1,085 #1A 3/1.5
180682 T A 443 4-5-4-5-18-34 FS $497,500 Puamana #9C 1,532 #9C 2/2.0
199105 T A 61 4-5-4-5-18-95 FS $499,000 Puamana #26B 1,532 #26B 2/2.0
171233 T A 611 4-5-4-11-3-84 FS $499,000 Hanalei Bay Resort #N22 867 #1513 1/2.0
196998 T A 446 4-5-4-15-21-43 FS $499,900 Sandpiper Village I #206 1,173 #206 2/2.5
196532 T A 120 4-5-4-12-2-6 FS $515,000 Hale Moi #106 1,033 #106 2/2.0
201428 T A 6 4-5-4-5-3-16 FS $519,000 Princeville Paniolo #116 1,058 #116 1/2.0
196884 T A 110 4-5-4-5-18-68 FS $519,000 Puamana #19B 1,660 #19B 3/2.0
199692 T A 47 4-5-4-5-39-12 FS $519,000 Cliffs At Princeville #1202 917 #1202 1/2.0
190666 T A 238 4-5-4-11-3-95 FS $525,000 Hanalei Bay Resort #P13 867 #P13 1/2.0
200136 T A 36 4-5-4-12-9-26 LH $530,000 Pali Ke Kua Iii #236 1,135 #236 2/2.0
196786 T A 96 4-5-4-15-21-28 FS $535,000 Sandpiper Village I #128 1,042 #128 2/2.0
191060 T A 225 4-5-4-5-13-4 FS $549,000 Kamahana #4 1,145 #4 2/2.0
193495 T A 181 4-5-4-12-2-16 FS $549,000 Hale Moi #116 1,033 #116 1/2.0
193038 T A 90 4-5-4-12-2-34 FS $550,000 Hale Moi #214 1,033 #214 1/2.0
200231 T A 22 4-5-4-12-2-30 FS $555,000 Hale Moi #210 1,033 #210 1/2.0
193722 T A 170 4-5-4-12-2-35 FS $559,000 Hale Moi #215 1,033 #215 1/2.0
183228 T A 398 4-5-4-15-21-33 FS $559,000 Sandpiper Village I #133 1,042 #133 2/2.0
196541 T A 76 4-5-4-12-10-25 FS $565,000 Emmalani Court #413 952 #413 1/2.0
192528 T A 202 4-5-4-5-13-27 FS $569,000 Kamahana #27 1,265 #27 2/2.0
173568 T A 532 4-5-4-5-17-15 FS $570,000 Alii Kai Ii Hanalei #9G 1,037 #9G 2/2.0
199734 T A 41 4-5-4-12-2-40 FS $575,000 Hale Moi #220 1,033 #220 1/2.0
181966 T A 424 4-5-4-15-21-50 FS $575,000 Sandpiper Village I #213 1,173 #213 3/2.5
182792 T A 403 4-5-4-5-23-50 FS $578,000 Plantation At Princeville #1312 1,153 #1312 2/2.0
191813 T A 218 4-5-4-5-18-21 FS $579,000 Puamana #6B 1,732 #6B 3/2.0
183283 T A 408 4-5-4-5-23-66 FS $595,000 Plantation At Princeville #1712 1,153 #1712 2/2.0
196616 T A 100 4-5-4-12-2-21 FS $598,000 Hale Moi #201 1,033 #201 1/2.0
198438 T A 68 4-5-4-12-2-31 FS $599,000 Hale Moi #211 1,033 #211 1/2.0
190979 T A 233 4-5-4-5-39-100 FS $620,000 Cliffs At Princeville #4206 917 #4206 1/2.0
195533 T A 142 4-5-4-5-23-58 FS $623,000 Plantation At Princeville #1512 1,153 #1512 2/2.0
200357 T A 29 4-5-4-5-23-42 FS $629,000 Plantation At Princeville #1112 1,153 #1112 2/2.0
197158 T A 103 4-5-4-5-23-65 FS $629,000 Plantation At Princeville #1711 1,153 #1711 2/2.0
193209 T A 188 4-5-4-5-7-11 FS $629,900 Princeville Sealodge #B3 570 #B3 1/1.0
190750 T A 238 4-5-4-5-24-62 FS $630,000 Nihilani At Princeville Resort #21B 1,400 #21B 2/2.0
186493 T A 334 4-5-4-5-17-55 FS $635,000 Alii Kai Ii Hanalei #14G 1,037 #14G 2/2.0
200564 T A 27 4-5-4-5-16-2 FS $639,000 Alii Kai At Hanalei #1102 1,086 #1102 2/2.0
198318 T A 76 4-5-4-5-18-42 FS $649,000 Puamana #12B 1,532 #12B 2/2.0
197847 T A 89 4-5-4-12-8-24 LH $649,000 Pali Ke Kua Ii #130 1,100 #130 2/1.5
188728 T A 249 4-5-4-5-39-55 FS $649,500 Cliffs At Princeville #2305 1,137 #2305 2/2.0
194396 T A 77 4-5-4-5-4-17 FS $649,950 Ka’eo Kai Ph I #7B 2,603 #7B 3/3.0
193662 T A 181 4-5-4-5-4-9 FS $650,000 Ka’eo Kai Ph I #9A 1,503 #9A 2/2.0
189728 T A 243 4-5-4-5-12-19 FS $650,000 Sealodge Ii #H1 556 #H1 1/1.0
196814 T A 112 4-5-4-5-24-25 FS $657,500 Nihilani At Princeville Resort #9A 1,406 #9A 2/2.0
198466 T A 62 4-5-4-5-4-14 FS $667,000 Ka’eo Kai Ph I #4B 2,100 #4B 3/3.0
193699 T A 173 4-5-4-5-23-62 FS $667,900 Plantation At Princeville #1612 1,153 #1612 2/2.0
191680 T A 195 4-5-4-5-13-28 FS $669,000 Kamahana #28 1,145 #28 2/2.0
184581 T A 365 4-5-4-5-23-34 FS $679,000 Plantation At Princeville #912 1,153 #912 2/2.0
186761 T A 327 4-5-4-5-12-1 FS $683,000 Sealodge Ii #F1 556 #F1 1/1.0
201318 T A 8 4-5-4-5-18-32 FS $695,000 Puamana #9A 1,532 #9A 2/2.0
183699 T A 390 4-5-4-5-23-25 FS $695,000 Plantation At Princeville #711 1,153 #711 2/2.0
192740 T A 198 4-5-4-12-5-28 LH $695,000 Pali Ke Kua Incr I, ii, iii #210C 1,127 #210C 2/2.0
190646 T A 238 4-5-4-5-24-82 FS $697,000 Nihilani At Princeville Resort #28A 1,412 #28A 2/2.0
186746 T A 324 4-5-4-5-7-14 FS $699,000 Princeville Sealodge #B6 566 #B6 1/1.0
198320 T A 77 4-5-4-5-23-36 FS $699,000 Plantation At Princeville #922 1,318 #922 3/3.0
198758 T A 68 4-5-4-5-24-8 FS $699,000 Nihilani At Princeville Resort #3B 1,567 #3B 2/2.5
189654 T A 195 4-5-4-12-10-16 FS $699,000 Emmalani Court #314 1,192 #314 2/2.0
196762 T A 112 4-5-4-5-24-23 FS $699,200 Nihilani At Princeville Resort #8B 1,567 #8B 2/2.5
193631 T A 178 4-5-4-5-17-53 FS $710,000 Alii Kai Ii Hanalei #14E 1,037 #14E 2/2.0
200674 T A 25 4-5-4-5-24-4 FS $716,000 Nihilani At Princeville Resort #2A 1,406 #2A 2/2.0
196815 T A 112 4-5-4-5-24-29 FS $730,800 Nihilani At Princeville Resort #10B 1,567 #10B 2/2.5
185586 T A 352 4-5-4-12-10-24 FS $735,000 Emmalani Court #412 1,192 #412 2/2.0
199861 T A 42 4-5-4-5-23-60 FS $739,000 Plantation At Princeville #1522 1,318 #1522 3/3.0
188474 T A 288 4-5-4-5-7-8 FS $749,000 Princeville Sealodge #A8 571 #A8 1/1.0
196761 T A 112 4-5-4-5-24-1 FS $749,000 Nihilani At Princeville Resort #1A 1,406 #1A 2/2.0
194753 T A 156 4-5-4-5-23-27 FS $759,000 Plantation At Princeville #721 1,318 #721 3/3.0
188592 T A 294 4-5-4-5-24-63 FS $769,000 Nihilani At Princeville Resort #21C 1,972 #21C 2/3.0
194329 T A 162 4-5-4-5-12-24 FS $779,000 Sealodge Ii #H6 567 #H6 1/1.0
195525 T A 139 4-5-4-11-3-90 FS $788,500 Hanalei Bay Resort #N34 867 #1537-8 1/2.0
185484 T A 357 4-5-4-5-16-53 FS $789,500 Alii Kai At Hanalei #7102 886 #7102 2/2.0
193033 T A 194 4-5-4-5-23-3 FS $798,000 Plantation At Princeville #121 1,318 #121 3/3.0
200223 T A 34 4-5-4-5-24-40 FS $799,000 Nihilani At Princeville Resort #14A 1,874 #14A 3/2.5
183879 T A 391 4-5-4-5-39-163 FS $799,000 Cliffs At Princeville #7205 917 #7205 1/2.0
195558 T A 138 4-5-4-5-24-48 FS $809,000 Nihilani At Princeville Resort #16C 1,972 #16C 3/3.0
194971 T A 140 4-5-4-12-10-13 FS $815,000 Emmalani Court #311 1,456 #311 2/2.0
199987 T A 40 4-5-4-6-1-35 FS $825,000 Villas Of Kamalii #35 1,815 #35 3/3.0
200673 T A 25 4-5-4-5-24-21 FS $829,000 Nihilani At Princeville Resort #7C 1,972 #7C 2/3.0
194193 T A 168 4-5-4-5-24-39 FS $835,000 Nihilani At Princeville Resort #13C 1,874 #13C 3/2.5
195584 T A 141 4-5-4-6-1-44 FS $839,000 Villas Of Kamalii #44 1,825 #44 3/3.0
196825 T A 112 4-5-4-5-24-44 FS $839,600 Nihilani At Princeville Resort #15B 1,874 #15B 3/2.5
190834 T A 238 4-5-3-11-1-30 FS $849,000 Villas On The Prince #30 1,760 #30 3/3.0
198480 T A 65 4-5-4-5-24-13 FS $850,000 Nihilani At Princeville Resort #5A 1,874 #5A 3/2.5
195377 T A 1 4-5-4-5-24-16 FS $850,000 Nihilani At Princeville Resort #6A 1,874 #6A 3/2.5
201267 T A 9 4-5-4-5-24-87 FS $869,900 Nihilani At Princeville Resort #29C 1,874 #29C 3/2.5
176670 T A 520 4-5-4-5-16-57 FS $875,000 Alii Kai At Hanalei #7202 886 #7202 2/2.0
200484 T A 28 4-5-4-5-39-169 FS $875,000 Cliffs At Princeville #7305 1,137 #7305 2/2.0
200693 T A 22 4-5-4-5-16-37 FS $879,000 Alii Kai At Hanalei #5101 1,086 #5101 2/2.0
196828 T A 112 4-5-4-5-24-99 FS $879,400 Nihilani At Princeville Resort #33C 1,972 #33C 2/3.0
185798 T A 345 4-5-3-11-1-14 FS $885,000 Villas On The Prince #14 1,737 #14 3/3.0
186775 T A 313 4-5-4-5-24-58 FS $885,000 Nihilani At Princeville Resort #20A 1,874 #20A 3/2.5
184077 T A 358 4-5-3-11-1-36 FS $899,000 Villas On The Prince #36 1,760 #36 3/3.0
196893 T A 111 4-5-4-12-9-30 FS $899,000 Pali Ke Kua Iii #242 1,135 #242 2/2.0
195741 T A 107 4-5-4-5-39-188 FS $910,000 Cliffs At Princeville #9102 917 #9102 1/2.0
196816 T A 112 4-5-4-5-24-33 FS $919,400 Nihilani At Princeville Resort #11C 1,972 #11C 2/3.0
186819 T A 322 4-5-4-6-1-20 FS $930,000 Villas Of Kamalii #20 1,825 #20 3/3.0
174619 T A 553 4-5-4-5-16-26 FS $937,500 Alii Kai At Hanalei #4102 1,086 #4102 2/2.0
199811 T A 36 4-5-4-5-39-191 FS $939,000 Cliffs At Princeville #9201 963 #9201 1/2.0
180178 T A 456 4-5-4-5-12-33 FS $949,000 Sealodge Ii #J6 754 #J6 2/2.0
172114 T A 568 4-5-3-11-1-28 FS $949,900 Villas On The Prince #28 1,800 #11-28 3/3.0
192590 T A 177 4-5-4-5-16-41 FS $989,900 Alii Kai At Hanalei #5201 1,086 #5201 2/2.0
179830 T A 467 4-5-4-5-16-34 FS $995,000 Alii Kai At Hanalei #4302 1,086 #4302 2/2.0
201459 T A 1 4-5-4-6-1-9 FS $995,000 Villas Of Kamalii #9 1,761 #9 3/3.0
173096 T A 556 4-5-4-12-9-24 FS $995,000 Pali Ke Kua Iii #234 1,135 #234 2/2.0
193435 T A 180 4-5-4-6-1-1 FS $997,000 Villas Of Kamalii #1 1,761 #1 3/3.0
196201 T A 127 4-5-3-11-1-26 FS $998,000 Villas On The Prince #26 1,765 #26 3/3.0
197799 T A 89 4-5-3-11-1-10 FS $999,000 Villas On The Prince #10 1,732 #10 3/3.0
201278 T A 2 4-5-4-6-1-16 FS $1,095,000 Villas Of Kamalii #16 1,761 #16 3/3.0
196871 T A 99 4-5-4-12-8-20 FS $1,100,000 Pali Ke Kua Ii #227 993 #227 2/2.0
194640 T A 139 4-5-4-12-9-27 FS $1,100,000 Pali Ke Kua Iii #237 1,135 #237 2/2.0
196420 T A 86 4-5-4-11-3-49 FS $1,195,000 Hanalei Bay Resort #J11 1,324 #7101-2 (J11) 2/2.0
196784 T A 96 4-5-4-15-21-65 FS $1,195,000 Sandpiper Village I #228 1,173 #228 2/2.5
197466 T A 95 4-5-4-11-3-7 FS $1,224,000 Hanalei Bay Resort #B13 1,324 #9123/4 2/2.0
188034 T A 291 4-5-4-11-3-13 FS $1,399,000 Hanalei Bay Resort #C15 1,705 #C15 3/3.0
189708 T A 253 4-5-4-11-3-32 FS $1,400,000 Hanalei Bay Resort #H26 1,324 #H26 2/2.0
197083 T A 105 4-5-4-11-3-24 FS $1,560,000 Hanalei Bay Resort #G32 1,324 #G32 2/2.0
185316 T A 355 4-5-4-12-11-5 FS $1,789,000 Puu Poa #105 2,065 #105 2/2.0
200456 T A 27 4-5-4-12-11-14 FS $1,849,000 Puu Poa #114 2,065 #114 2/2.0
179527 T A 473 4-5-4-12-11-33 FS $1,895,000 Puu Poa #305 1,352 #305 2/2.0
172688 T A 562 4-5-4-12-11-54 FS $2,675,000 Puu Poa #412 1,359 #412 2/2.0
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
If you’d like further information on any of these units, please call or email or research them on my website, where you’ll find the entire Kauai MLS. My next blog will be about the least expensive Princeville condo, which is Pali Ke Kua #238 for $350K. Enjoy.
Aloha,
Elaine Schaefer (R, GRI, ABR)
Broker in Charge – Princeville Resort Office
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Top Producer 100% Club
RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.kauairealestatenow.com
blog: www.blogs.alohaliving.com/princeville-condo-sales
……you can have your own piece of paradise
ask me how!
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