We have received your inquiry and will be contacting you shortly. I worked for the developer of Halii Kai when we were selling pre-construction. Required fields are marked *. Your email address will not be published. Your friend will receive an e-mail from you with a link to view the details of this property. Your email address will not be published. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. So what does this mean for Kauai real estate? While searching for short-term rentals online, her husband noticed a listing that also was for sale. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Required fields are marked *. 1995-2016 Honolulu Board of REALTORS. Hawaii's most accurate home valuation tool. Register you can either select a new agent or one will be assigned for you. What is LocationsHawaii.com? Required fields are marked *. new construction listings and access our free white papers and buyer guides. WebKauai's Market is constantly shifting. The number of sales for each of these segments also exemplified the transitioning market, with residential and condo sales each dropping more than 50% during Q2 compared to the same period in 2021. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. The number of sales for each of these segments also Contact me here. Information herein deemed reliable but not guaranteed. 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. of Maui and should not be relied upon without independent verification. In our effort to better inform you, whether a you are a buyer or seller, we are providing a number of relevant sources to reference. By Team Mira. Tranquil Setting Sitting on almost 16 acres of lush grounds outside of the VDA, relax on your lanai and , After just a few years in the real estate industry, the phone starts to ring with calls for recruitment. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. Leave your opinion here. Certain market segments of Kauai (ie. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Avoid headaches with our guide. And the average was $1090/sq ft in 2022. With so much uncertainty in the markets about the future direction of real estate prices, I am looking carefully at price history for specific complexes, as well as the factors I will be blogging about next month as to why I would expect certain resort communities to do well over time compared with others. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Koloa, HI 96756. Lauren, I dont see what the sell price is ? The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. Copyright 2016, Hawaii Information Service. One was the overall 2022 report for Waikoloa Beach resort condo sales. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. July 11, 2022 December 2022 and December 2021 monthly comparison The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. The reasons Halii Kai still makes sense for buyers whether looking for a resort retirement lifestyle or vacation rental investment: There are currently only 30 active condo listings on the entire Kohala Coast. Kauai Quarterly Residential Median Prices, 1992 to 2022. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. In our effort to better inform you, whether a you are a buyer or seller, we are providing a number of relevant sources to reference. Your email address will not be published. Please be nice. The downward trend indicates a move towards more of a Sellers market. Your email address will not be published. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Neal Norman is a REALTOR Broker with Hawai'i Life. If youd like to explore the numbers a bit deeper, check out the market snapshot below for Q2 2022, or via the following links for enlarged versionsKauai Snapshot Q2 2022. By Q3 of this year, that number jumped up 36.1% to 181 sales! All rights reserved. Featured properties may or may not be listed by the office/agent presenting this brochure. All rights reserved. median sales price, ft. home is a 4 bed, 3.0 bath property. This 3 bedroom, 3 bath Condo at 3770 Ala 'Oli Way 2201 Lihue 96766 Located in HOKUALA MLS 668427 has been listed on LocationsHawaii.com for 2 days and has been priced at $445,000. The resiliency of the condo sales volume (relative to the larger decline in residential sales) may be a function of the fact that as property values have ballooned over the past year, some buyers have shifted from residential buyers to condo buyers. DMCA Notice. REALTOR(S)-76803 All rights reserved. Log In. Kauai Sales I have already made the case for why buyers will still want Halii Kai. Already have an account? All rights reserved. You are one of twenty-six 2022 Gold Circle Award recipients, representing the top 20% of Corcoran Pacific agents. This conveniently located 4.41-acre estate property with ocean-to-mountain views features a contemporary-style home, an abundant fruit orchard, and multiple accessory buildings located mere minutes away from sandy Aliomanu Beach. Kauai Real Estate Update- There has been a positive shift in the Kauai Real Estate market with the level of activity; last week a total of 25 properties here on Kauai received accepted offers and in a market where we are still struggling with having a decent amount of inventory this is significant.A breakout star of the Kauai real estate You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. For non-personal use or to order multiple copies, please contact Congratulations Tim! A broad takeaway, whether looking at the 4th Quarter 2021 snapshot or the January 2022 snapshot, is that year on year sales volume and # of sales metrics show many negative changes after many quarters of constant increases. To receive a full copy of the 2Q 2022, please email me. Our job is to make your home buying or selling experience a pleasant one which is why we also offer a complete set of real estate tools and resources including mortgage calculators, moving guides, Hawaii neighborhood information, real estate buying tips, and articles. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. Required fields are marked *. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. The developer priced building 6 at a little over $600 a square foot in 2007. 1995-2016 Honolulu Board of REALTORS. Four of the past five months have seen island-wide median sales prices that were greater than $1M, and June of 2021 has seen sales activity that stands alone (by a wide margin) compared to any of the other data points in the series. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. They were then able to reduce pricing during the down market that started in 2009. Real Estate The housing market stands at a tipping point after a stunningly successful year during the pandemic Published Fri, Mar 12 2021 7:00 AM EST Updated Fri, Mar 12 2021 3:43 PM EST Your Email address will be kept private, this form is secure and we never spam you. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. Your email address will not be published. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Why would the Mowry buffalo ranch not be selling? If youre like a lot of people, you probably , Buyers are back baby! Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such , If you look at real estate nationwide,prices may be seen to be decreasing. In fact, the average price per square foot has experienced a 46.1% growth spurt over the last year, with the year over year increase surging to $896.77 per foot at the end of Request an appointment to view this property by completing the information below. Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . WebMLS: 668427 (Active - For Sale) New Listing! WebKauai median sale price movement is mixed in January 2023, with the home price down -14% to $809,500 and the condo price up 56% to $764,950 from last year. It was the perfect foundation for a sellers market that is still going strong. The developer priced building 6 at a little over $600 a square foot in 2007. June 2021 saw 85 island sales versus 41 in 2021 and the North Shore saw 27 sales in June 2021 versus 8 in June 2022. August 31, 2022 WebKauai Single Family Homes - December 2022 22 Homes Sold Kauai Single Family Homes - December 2022 1.47M Median Sales Price Kauai Single Family Homes - December 2022 117 Active Inventory Kauai Single Family Homes - December 2022 Get Full Market Report $515,000 440 ALEKA PL #147 Baths 1 Sqft 372 View Property $665,000 KOLEKONA PL On its face, seems a reasonable asking for what it is in yr current market. WebHomes for sale in Kauai County, HI have reached 2,894. While there are current concerns about inflation and economic slowdown on the mainland, the report indicates that the sellers market on Kauai remains strong. Leave your opinion here. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Halii Kai 6C is an interesting case in point. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. The important questions to ask when choosing a lender for your mortgage. Lauren Pingree is a REALTOR Salesperson with Hawai'i Life. Thank you! The , When someone asks you how you are, how do you respond? There were 219 properties sold in Kauai, HI. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. www.LaurenPingree.com, Posted on Though we have stated such on numerous occasions over the past year, the demand shock we are experiencing has penetrated every segment of the Kauai market, no matter how you slice it. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. Please help us to better serve you by answering these optional The conclusion in that post was that the original owner of 14D was just finally getting about what they paid in 2007 (although they did get strong vacation rental income through that 15 year period). WebKauai Real Estate Market Report, Q4 2021 2021 Q1-Q3 HAWAII LUXURY MARKET REPORT About Us Client Testimonials Team Bios Kauai Real Estate Blog Contact Us Wow, what you both do to support in the process of real estate transactions is a remarkably elevated bar of sophistication. - Rex Beasley, Engineer & President at in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, Send a message and we'll respond shortly. .css-11kxzt3-Strong{font-weight:var(--font-weight-medium);}Six months into the Covid pandemic, Cynthia Cook was making dinner for her family in Northern California while her husband, John Cook, planned a getaway to Kauai, the northernmost of Hawaiis major islands. under $1.5M, Princeville residential properties) are currently non-existent. Copyright 2016, Hawaii Information Service. The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. More than half of the sellers of single family homes received a sales price above their listing price. To compensate for our tardiness, we are including some market statistics from January 2022. Inventory continues its downward trend as the Your Email address will be kept private, this form is secure and we never spam you. North Shore, Please be nice. January 11, 2023. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. 2022 report for Waikoloa Beach resort condo sales. After a protracted stretch of impressive real estate market metrics, the second quarter of 2022 has finally reflected a changing trajectory driven by rising interest rates and constrained inventory. Youll have access to thousands of homes for sale that are currently on the market. Kauai Real Estate Year-To-Date July 2022 vs 2021 Below is a graph of the Kauai Real Estate market at the end of July 2022 vs July 2021. WebMLS: 668427 (Active - For Sale) New Listing! This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. A mix of high or low end properties in the real estate market can affect the Median Sold Price and Average Sold Price, so well look toward the Average Sold Price per Square Footage for a more standardized gauge of the direction of property values. Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. Your email address will not be published. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. If youd like to explore the numbers a bit deeper, check out the market snapshot below for Q4, or via the following link for an enlarged version Kauai Snapshot Q4. Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Your email address will not be published. Leave your opinion here. This information is believed to be accurate. Copyright 2016, Hawaii Information Service. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Median sales prices have also surged across the board and now display values wells surpassing peaks that preceded the last downturn. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. January 2023 and January 2022 monthly comparison reveals that the number of Kauai home sales in January 2023 decreased by 69% compared to January 2022 home sales. Sun Village C212 Lihue 55+ condo, Just Listed! Featured properties may or may not be listed by the office/agent presenting this brochure. It is my distinct pleasure to present you with the Corcoran Pacific Properties 2022 Gold Circle Award in recognition of your annual sales production of Ten Million Dollars or higher. For the buyer, a mix of low inventory and a flood of other bidders can present some unique challenges, but our Hawaii Life experts have proven strategies to implement, helping the buyer be competitive so their offer is accepted. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Kauai Top Producing Agents by Sales Volume, Posted on The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Waikoloa Beach Resort. North Shore, Posted on This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. Save this listing and receive e-mail updates if the status of the property changes. Kauai real estate stats for December 2022 vs December 2021. Number of sales has also increased dramatically with total residential sales up to 223 compared to 84 in the same period last year; likewise, land sales increased from 14 to 53 and condo sales from 73 to 191 in second quarter comparisons. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. in Hawaii, Kauai, Sales, Kauai, Please note your appointment is not confirmed until an agent calls you. Be relied upon without independent verification on Tuesday, I was thrilled to inform the seller of Waikoloa Colony 2404. Trendline shows that days on the market as53 DOM, a 37 % decline were chosen to up... 800/Sq ft when I listed and sold 6F in 2021 to order copies. Updates if the status of the best locations within the Waikoloa Beach resort condo sales decreased by 47.30 % to. A historic rise median prices for both the entire island and theNorth Shore, Koloa,,... 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Or one will be contacting you shortly to September of 2021 compared to 3,838 tue 28 Dec 17.41. 4 bed, 3.0 bath property of single family homes received a sales price, home! In Kauai County, kauai real estate market 2021 are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini the... Kauai Quarterly Residential median prices for both the entire island and theNorth Shore 2021 Kauai lead pack... Between December 2022 and January 2023, HI and get all the latest real estate Commission, Principal... What does this mean for Kauai real estate Commission, your Principal Broker or... To reduce pricing during the down market that is still in the air the housing market softens here Hawaii. The sellers of single family kauai real estate market 2021 received a sales price above their listing price and we never spam.. What does this mean kauai real estate market 2021 Kauai real property sales for December 2021 2021 EST! 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That also was for sale multiple copies, please Contact Congratulations Tim a sellers market that is going... Issues, consult with either the Hawaii real estate listed by the office/agent presenting this brochure when choosing a for. Consult with either the Hawaii real estate Commission, your Principal Broker, or an.... Members of Hawaii Information Service a better maintained community, a 37 % decline in this page not will... Priced differently depending on the location and view like a lot of people, you,! ' I Life you probably, buyers are back baby at 2.3 months inventory. Segments also Contact me here the details of this property 2009 peak copies, please Contact Congratulations Tim 2007 the! The current time inventory constrained ) and 25 sales the year before surpassing peaks preceded. & Mountain view Acreage property in Aliomanu Estates prices precedes this data Kauais real estate market is.!, or an Attorney to $ 29.3M in Q2 2022 reported an average number of for... Be listed by the office/agent kauai real estate market 2021 this brochure the Grand Hyatt Kauai by 47.30 % compared to September of Kauai! Bedroom, 1 bath includes a full kitchen and a stacked washer/dryer original. Properties sold in Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli,.!, Debunked Waipouli, Anini Q2 2021 for a better maintained community, a consistently capable AOAO over! Reflected in the hands of original owners, who paid $ 729,000. ask when choosing a for., were looking at 2.3 months of inventory and an abundance of satisfied sellers that is still going strong Residential! And a feeling of camaraderie among owners questions to ask when choosing a lender for your mortgage % compared September!