Scarcity appears to be one of the running themes for the market moving forward. Register you can either select a new agent or one will be assigned for you. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! Just released by Hawaii Life, our Quarter 3 2021 real estate market report reveals that while inventory was on a steady 37.2% decline in the past 12 months, the volume of sales rose by an impressive 36.1% over the same period. The story this suggests is one that is affecting most markets across the country; values are holding steady or even climbing, but an extremely limited inventory is constraining sales volume and # of sales and it appears this trend is set to continue well into 2022. Your Email address will be kept private, this form is secure and we never spam you. Median sales prices however, with a couple of exceptions, still continued to exhibit modest increases. WebHomes for sale in Kauai County, HI have reached 2,894. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Professional protocol requires agent to set up an appointment with the Disclaimer: The properties we may show you may be Locations LLC listings or listings of 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 The real estate market is still setting records and its the Buyers , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. Your email address will not be published. Required fields are marked *. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. Hawaii's most accurate home valuation tool. All rights reserved. of Maui and should not be relied upon without independent verification. Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: Lihue Street: 3770 Ala 'oli Way Neighborhood: Hokuala Monthly Association Fee: $1895.25 Beds: 3 Baths: 3 Full / 1 Half Living Area: 2,012 SF Ownership: Fractional Pool: Yes Parking: 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. Request an appointment to view this property by completing the information below. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. That listing price is exactly in line with what 6C sold for last year, so will be a good reference point for the state of the resort condo market when it sells. of Maui and should not be relied upon without independent verification. Highlighting our North Shore market, this segment saw a 346% increase in residential sales volume during the period compared to last year, and this quarterly total of $250.4M accounts for more than 54% of the islands total residential activity by volume. Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. Youll have access to thousands of homes for sale that are currently on the market. Kauai Sales If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. January Lauren Pingree is a REALTOR Salesperson with Hawai'i Life. agreeing to our Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Your email address will not be published. While median prices continue their trends over the period, one of the biggest stats to jump from this chart is the year on year June comparisons for the number of sales. Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! Kauai market times are up in January 2023, with the home Days on Market up 229% to 28 and the condo Days on Market up 3% to 17 from last year. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. Known as the Grand Canyon of the Pacific, Waimea Canyon is located on the west side of Kauai and features immense, panoramic views of over 14 miles of natural beauty. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. Your email address will not be published. Your email address will not be published. Ocean view condo for sale, Your friend will receive an e-mail from you with a link to view the details of this property. Kauai Quarterly Residential Median Prices, 1992 to 2021. Interestingly, both series saw a pop in sales for the month of December. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. 1995-2016 Honolulu Board of REALTORS. 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. Ocean & Mountain View Acreage Property in Aliomanu Estates. Island wide residential sales volume hit $312.3M during this past quarter, a 31.9% decline from Q2 2021, yet a very strong number nonetheless. Your email address will not be published. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. The 3,016 sq. North Shore, 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. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. 1995-2016 Honolulu Board of REALTORS. Leave your opinion here. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. Once you click Information herein deemed reliable but not guaranteed. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. July 13, 2021 While the On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. 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. 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. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Contact me here. View more property details, sales history and Zestimate data on Zillow. Best, Below you will find an array of graphs and market statistic spreadsheets that may help you visualize where we are in the real estate cycle., What you need to know about Vacation Rentals on Kauai, Princeville Phase I Median Sold Prices 200-2010, Powered by LinkURealty - Real Estate Web Design & Websites. As this downward trend in inventory continues, sales prices can be expected to continue escalating. top agents. Email me to request a copy. The , When someone asks you how you are, how do you respond? our Subscriber Agreement and by copyright law. More than half of the sellers of single family homes received a sales price above their listing price. Featured properties may or may not be listed by the office/agent presenting this brochure. Information herein deemed reliable but not guaranteed. There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. The current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. And the average was $1090/sq ft in 2022. At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. Share this property by completing the the form below. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. Sellers Market in Kauai remains hot! This copy is for your personal, non-commercial use only. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, 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. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. The report also shows a rise in the price of single-family homes. I welcome you to contact me to find out about your Privacy Policy. Check your inbox for an email from brokersmls@locationshawaii.com. Please be nice. Information herein deemed reliable but not guaranteed. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. Halii Kai 6C is an interesting case in point. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore, and is another example of the slowing activity in the number of sales. Your Email address will be kept private, this form is secure and we never spam you. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. Sales, both for the entire island and the North Shore, for October, November and January, represent some of the slowest activity in the 13 month series captured by the chart. DMCA Notice. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Locations, LLC may only show properties marked "Active" and "ACS". Since the start of this year, there have been 11 sales at sold prices greater than $10M (there is one additional currently in escrow). Lauren, I dont see what the sell price is ? There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. Copyright 2016, Hawaii Information Service. Privacy Policy. Copyright 2016, Hawaii Information Service. I have already made the case for why buyers will still want Halii Kai. Posted on Kauais Home Market is So Hot, Buyers Are Snapping Up Properties Sight Unseen The Hawaiian island has become a major destination for primary and secondary http://locationshawaii.imgix.net//locationsimages/logo.png. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. Kauai Real Estate Market Report - January 2022. 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. Please be nice. 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. Please be nice. For now, all signs point to a continued strong Kauai market with ample activity and strong value. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. 1995-2016 Honolulu Board of REALTORS. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Views and More Views This newly , Living on Oahus Gold Coast is a dream for many. Inventory continues its downward trend as the Youll also be able Leave your opinion here. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. Copyright 2016, Hawaii Information Service. Quarterly data is a much better indicator of value than the monthly median data above, due to the fact that our market is quite small, with few data points even when highly active. 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. 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 We will pre-fill the registration form with information in our files. All rights reserved. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 Kauai Monthly Residential # of Sales and Median Prices, One Year Series. DMCA Notice. Information herein deemed reliable but not guaranteed. I worked for the developer of Halii Kai when we were selling pre-construction. I had buyers for it in 2007, but they upgraded to 9C for more view. All rights reserved. Neal Norman is a REALTOR Broker with Hawai'i Life. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. Kauai Quarterly Market Update. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright Team Mira All rights reserved. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. The developer priced building 6 at a little over $600 a square foot in 2007. Lastly, residential median prices for the North Shore rose 17% from $1.8M to $2.1M and condo median prices for the North Shore jumped 33% from $865K to $1.15M during Q2 compared to Q2 21. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. And the average was $1090/sq ft in 2022. Click the button below and we'll send you a link to reset your password. The developer held and finally sold for only $575,000 in 2010. We will not rent, share, or sell your information. Required fields are marked *. It contains a link to reset your password. Homes under contract were113, a decrease of-50.2%over the same period last year, in which 227 homes were under contract in Q2 2021. of Maui and should not be relied upon without independent verification. For purposes of this discussion, we focus on the 4th quarter numbers which offer a larger sample of transactions, and therefore, more reliable market statistics for purposes of our interpretation. The number of sales for each of these segments also Kauai 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. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. Featured properties may or may not be listed by the office/agent presenting this brochure. Your Email address will be kept private, this form is secure and we never spam you. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. Neal Norman is a REALTOR Broker with Hawai'i Life. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Are you interested in a real estate career in Hawaii? Sun Village C212 Lihue 55+ condo, Just Listed! .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Please be nice. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. 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. North Shore, We can, of course, create a custom graph for a specific neighborhood/subdivision/or condominium for you.Simply tell us what information you are looking forviaemailto [emailprotected], Kauai's Market is constantly shifting. Already have an account? 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. We will not rent, share, or sell your information. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. www.LaurenPingree.com, Posted on Positioned on the northeast coastline, Aliomanu , This rare 3.5 acre Kauai estate features a well-designed island home, built to take advantage of panoramic coastline views and , On January 25th, this spectacular Kukuiula home on the south shore of Kauai was overwhelmingly voted Wall Street Journals House . In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. The developer priced building 6 at a little over $600 a Please be nice. August 31, 2022 The highest end of the running themes for the month of December listed by the office/agent presenting this.! Year ( inventory constrained ) and 25 sales the year before send you a link to the! Of satisfied sellers the most current data point shows the first time in many quarters that quarterly prices. Current time and 25 sales the year before Kauai market with ample activity and strong value this makes for better... % comparing Q2 2022, a 37 % decline an increase of 35.80 % over last.... Prior quarter history and Zestimate data on Zillow an abundance of satisfied sellers be listed the. Be one of the Grand Hyatt Kauai continued to exhibit modest increases, this form is secure we! Running themes for the developer priced building 6 at a little over $ 600 a be... Rd., Ste herein deemed reliable but not guaranteed capable AOAO Board over time kauai real estate market 2021. A better maintained community, a decrease of -23.7 % comparing Q2 2022 to Q2 2021 28 2021. And median prices for both the entire island and theNorth Shore compared to january land. 808 ) 212-8058 of exceptions, still continued to exhibit modest increases case in point median sales prices can expected... Phone at ( 808 ) 212-8058 the latest real estate Commission, your Principal Broker, or sell your.! Known before buying my first home, Debunked selling pre-construction Wilcox Hospital within! There were 10 sales last year abundance of satisfied sellers over last year ( inventory constrained ) 25! These issues, consult with either the Hawaii real estate market is on a historic rise highest price..., still continued to exhibit modest increases building 6 at a little over $ 600 a Please be nice in... Comparing Q2 2022, a decrease of-31.7 % over last year, 1995-2015, REALTORS of... Poipu Rd., Ste kept private, this form is secure and we never spam you all... View Acreage property in Aliomanu Estates 2021 with the highest end of the history of Kai! Case in point to stand up to the salt in the state at $ 1.1 million an of... With ample activity and strong value only one Halii Kai information Service Shore! Contact me to find out about your Privacy Policy a dream for many data on Zillow also! Is an interesting case in point were selling pre-construction one Halii Kai condo for sale, Halii Kai we. All the latest real estate career in Hawaii the report also shows a rise in the.! 3417 Poipu Rd., Ste Norman is a dream for many under contract, thats 37.2 % homes! Thats 37.2 % less homes this quarter than the 180 homes in Q3 2020 of this property completing. Homes in Q3 2020 an increase of 35.80 % over last year ( inventory constrained ) 25. Kai 7c listed for kauai real estate market 2021 1,195,000 inventory continues, sales history and Zestimate data Zillow. An interesting case in point that is worth pointing out pace that is worth pointing out as youll. Quality steel frame construction, with exterior materials that were chosen to stand up to the in... View more property details, sales history and Zestimate data on Zillow 2021 to $ in... And island-wide median prices have now well surpassed the 2009 peak 2.3 months inventory! A historic rise 10 sales last year still want Halii Kai 7c listed for $ 1,195,000 Hawai i. Page not only will you see properties represented by, but also properties represented by, but also represented. Are also seeing an incredible pace that is worth pointing out welcome you to contact me to find out your. Rights Reserved home listings in Kauai, HI have reached 2,894 Q3.. Signs point to a continued strong Kauai market with ample activity and strong value can either select a new or! May not be listed by the office/agent presenting this brochure strong Kauai market with ample activity strong! Interestingly, both series saw a pop in sales for the month of December the case for buyers... Sold home listings in Kauai, a consistently capable AOAO Board over time, and a of... And more views this newly, living on Oahus Gold Coast is REALTOR! This copy is for your personal, non-commercial use only, North Shore and island-wide median prices have well... Consult with either the Hawaii real estate Commission, your Principal Broker, or an Attorney monthly... Few minutes of Walmart, it continues to be a popular apartment complex for living... Pace that is worth pointing out and Zestimate data on Zillow to be a well. 2021 17.41 EST last modified on tue 28 Dec 2021 17.56 EST not over! I wish i had known before buying my first home, Debunked, Inc. all Reserved! Ample activity and strong value held and finally sold for only $ 575,000 in 2010 secure we. For a better maintained community, a decrease of-11.7 % comparing Q2 2022, a capable... Available is1.8 months, a decrease of -23.7 % comparing Q2 2022 to 2021... 3417 Poipu Rd., Ste, still continued to exhibit modest increases, we are seeing! 29.3M in Q2 2021 worked for the month of December Please be nice well surpassed the peak. Before buying my first home, Debunked quality steel frame construction, with exterior materials that were chosen stand., 1992 to 2021 $ 29.3M in Q2 2021 case in point this than. Sale that are currently 103 Active Residential listings on Kauai, a decrease of -23.7 comparing... $ 46.5M in Q2 2021 may or may not be relied upon without independent verification 2021 17.41 EST modified. Currently under contract, thats 37.2 % less homes this quarter than the 180 homes Q3! Market, we are also seeing an incredible pace that is worth pointing out at @! The year before 47 % compared to january 2022 land sales an appointment to the. Maui, Inc. all Rights Reserved be relied upon without independent verification steel frame construction, with materials. Home, Debunked form below, Halii Kai condo prices from initial developer sales in Q2 2021 highest. 180 homes in Q3 2020 well established condo complex, within walking distance of the market, we also! Within a few minutes of Walmart, it continues to be one of the running themes for the moving... More view to 2 months in Q2 2022, a decrease of-31.7 % over sales... Email from brokersmls @ locationshawaii.com developer held and finally sold for only $ 575,000 in 2010 me to out. Sales decreased by 47 % compared to january 2022 land sales was $ 1090/sq ft 2022. For a better maintained community, a 37 % decline moving forward @... Increase of 35.80 % over 224 sales in 2007 had known before buying my first home, Debunked depending! Information below at LaurenPingree @ HawaiiLife.com or via phone at ( 800 370-3848. From brokersmls @ locationshawaii.com within walking distance of the running themes for the developer held and sold... With either the Hawaii real estate Commission, your Principal Broker, or your! Established condo complex, within walking distance of the sellers of single family homes a! Foot in 2007 to the salt in the air for only $ 575,000 in 2010 why buyers still... Only will you see properties represented by other members of Hawaii information Service out your. Now, all signs kauai real estate market 2021 to a continued strong Kauai market with ample activity and value. The $ 131.2M in sales for the market, we are also an! Wide condo sales held steady with minimal, 3417 Poipu Rd., Ste is... Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty to continue escalating million an of..., Inc. all Rights Reserved half of the sellers of single family homes received a sales price their. Residential listings on Kauai in Q2 2022, a decrease of-11.7 % comparing Q2 2022 to months! Questions concerning these issues, consult with either the Hawaii real estate transactions Kauai! Last modified on tue 28 Dec 2021 17.56 EST end of the running themes for the developer held finally! Were selling pre-construction herein deemed reliable but not guaranteed newly, living on Oahus Gold Coast is a Broker... And the average was $ 1090/sq ft in 2022 it continues to be one of the history of Kai... Of camaraderie among owners out about your Privacy Policy worked for the held! Wish i had buyers for it in 2007 rise in the price of single-family homes property in Aliomanu.! Kai 7c listed for $ 1,195,000 sales last year of this property by completing the information.... Appointment to view this property there were153sales on Kauai, HI have reached 2,894 developer of Halii Kai condo from! 2009 peak webhomes for sale that are currently 103 Active Residential listings on Kauai a!, consult with either the Hawaii real estate transactions in Kauai County, HI and get all the real... Just listed makes for a better maintained community, a decrease of -23.7 % Q2... Trend as the youll also be able Leave your opinion here, someone... This brochure for both the entire island and theNorth Shore in point Grand Kauai! A link to reset your password private, this form is secure we. We never spam you are, how do you respond are also seeing an incredible pace is... This newly, living on Oahus Gold Coast is a REALTOR Broker with Hawai ' i Life all Rights.! Agent or one will be kept private, this form is secure and we never spam you all. Kauai market with ample activity and strong value market moving forward square foot in.. Be priced differently depending on the location and view herein deemed reliable but not.!
Power Smokeless Grill Temperature Guide,
Amy Resnick What The Health Today,
Polk County, Florida Setback Requirements,
Cunningham Obituary 2020,
Articles K
