Princeville Kauai condo / house update for May 28 to Jun 3.

Aloha from Princeville Kauai!

May really kicked it into high gear, ending the month with a total of 122 transactions, which represents a 44% increase over the 85 sales from May 16. Great way to head into the active Summer market. For June, the number to beat is 99, and here we are on day 4 with 12 sales already! For this week, we’re off to a good start as far as new condos to choose from, with 7 new listings, but only one new escrow. Single family homes did nowhere near as well. Here is your update:

NEW LISTINGS

607060 CND A 3 $395,000 4-5-4-5-18-22 FS PUAMANA #6C 1,298 sqft 2 2.00
606789 CND A 1 $449,000 4-5-4-12-2-8 FS HALE MOI #108 1,033 sqft 2 2.00
607394 CND A 5 $560,000 4-5-4-11-3-85 FS HANALEI BAY RESORT #N23 867 sqft 1 2.00
607290 CND A 1 $629,000 4-5-4-5-7-8 FS SEALODGE #A8 571 sqft 1 1.00
607140 CND A 2 $649,000 4-5-4-5-23-47 FS PLANTATION #1221 1,318 sqft 3 3.00
607398 CND A 4 $749,000 4-5-4-12-9-30 FS PALI KE KUA #242 1,135 sqft 2 2.00
607144 CND A 4 $1,299,000 4-5-4-12-5-26 FS PALI KE KUA #208C 1,127 sqft 2 2.00

Contingent Sales

602533 CND C 162 $699,000 4-5-4-12-9-28 FS PALI KE KUA #238 993 sqft 2 2.00

Sales

292678 CND S 376 $425,000 4-5-4-5-4-6 FS Mauna Kai #6A 1,503 sqft 2 2.00
SOLD 6/2/2017 for $405,000 (CNV) DOM 376
298880 CND S 227 $579,000 4-5-4-5-24-77 FS Nihilai 26B 1,406 sqft 2 2.00
SOLD 5/30/2017 for $575,000 (CASH) DOM 227

Price Changes

297340 CND U 242 $152,700- 4-5-4-12-8-1 LH Pali Ke Kua Ii #1 993 sqft 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:

Puamana 6C is listed for $395K. The seller paid $320K in 7/14. Hale Moi 108 is priced at $449K. The unit sold for $220K in 1/11. Hanalei Bay Resort 1525/26 was purchased for $525K in 4/06 and is available for $560K.

Sealodge A8 was purchased by the seller for $150K in 1/94. It is on the market for $629K. It was listed before from 12/06 to 1/07 for $749K. Plantation 1221 is on the MLS for $699K and sold the last time for $523,993 in 1/06.

Pali Ke Kua 242 has a price of $749K and was purchased by the seller for $555K in 5/04. It was previously listed from 10/05 to 12/05 for $975K, from 12/05 to 11/06 starting at $975K and ending at $925K, from 6/07 to 12/08 during which time it went from $899K to $800K and finally from 3/14 to 9/15, starting at $749K and ending at $719K.

Pali Ke Kua 208 was listed back in 05/06 for $1.450M and is now listed for $1.299M. It sold for $245K in 12/88.

Contingent:

Pali Ke Kua 238 is in escrow priced at $699K. The most recent prior sale was for $559K in 4/13.

Sales:

Mauna Kai 6A closed at $405K while listed for $425K. The seller paid $180K in 4/82.

Nihilani 26B sold for $575K cash while listed for $579K. The seller paid $679K from the developer in 12/06.

Price Changes:

Leasehold Pali Ke Kua 1 reduced by $10K to arrive at a new price of $152,700. The condo is currently under contract so maybe they are reducing to match the online offer.

Now on to your virtually non-existent Princeville Kauai single family home update:

Sales

605731 RES S 19 $699,000 4-5-4-23-8 FS 4838 OU PL 8,104 sqft 1,085 sqft 3 1.01
SOLD 5/30/2017 for $699,000 (CNV) DOM 19

298742 RES S 211 $825,000 4-5-4-18-38 FS 4187 KAMALANI LN 9,526 sqft 1,634 sqft 3 2.01
SOLD 6/2/2017 for $807,000 (CASH) DOM 211

Expired

293419 RES X 454 $699,000 4-5-4-23-43 FS 3807 Iluna Pl 8,900 sqft 1,535 sqft 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:

4838 Ou Place was listed for $699K and sold for the list price. The seller had paid $612K for the home in 10/06.

4187 Kamalani Lane sold for $807K cash while listed for $825K. The seller purchased this home for $845K in 11/04.

Expired:

After 454 days, with a list price of $699K, 3807 Iluna Place is expired. The last sale was in 2/02 for $360K.

That’s it! Like I said, not much happening in the way of single family homes this past week.

The big event today is the Rotary’s annual fundraiser, The Taste of Hawaii. If you don’t have a ticket, you can still get one at the gate starting at 10AM for $100. If you’ve never been to this fabulous event, don’t deny yourself any longer.

If you are looking to buy or sell, put my experience to work for you. Call, text or email me for the facts before making a move. Until then, enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

Beautiful Rainbow Eucalyptus.

Beautiful Rainbow Eucalyptus.

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

Blog: Activerain.com/blogs/soldonkauai
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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

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

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