Aloha,
It's been another great week in paradise. Lots of high surf and sunny days. Doesn't get any better than that. Although January started out with a great deal of activity, we haven't seen the results in terms of closings....yet. That should be evident in the next couple of months. Nevertheless, Jan 2011 did slightly outperform Jan 2010 by 4 additional sales, going from 54 in Jan 2010 to 58 in Jan 2011. Hopefully this trend will continue to increase month by month. Now on to your weekly update:
Copyright 2/6/2011 by Hawaii Information Service
NEW LISTINGS
242417 CND AT CPR A 5 4-5-4-5-16-35 FS $386,500 Alii Kai At Hanalei #4303 1,086 #4303 2/2.00
242383 CND AT CPR A 5 4-5-4-5-7-23 FS $399,000 Princeville Sealodge #C3 564 #C3 1/1.00
BACK ON THE MARKET
236160 CND AT CPR A 228 4-5-4-5-3-24 FS $335,000 Princeville Paniolo #211 1,058 #211 1/2.00
CONTINGENT SALES
241469 CND DT CPR C 46 4-5-4-12-3-8 FS $489,900 Hanalei Bay Villas #8 1,244 #8 2/1.02
SALES
241732 CND AT CPR S 9 4-5-4-5-30-19 FS $281,000 Princeville Mauna Kai #D301 1,488 #D301 3/2.00
SOLD 2/4/2011 for $281,000 (CASH) DOM 9
EXPIRED
230011 CND AT CPR X 406 4-5-4-5-18-34 FS $297,585 Puamana #9C 1,532 #9C 2/2.00
WITHDRAWN
225703 CND CPR W 575 4-5-4-15-21-34 FS $209,000 Sandpiper Village I #134 1,042 #134 2/2.00
PRICE CHANGES
227552 CND AT CPR A 481 4-5-3-6-22-70 FS $845,000- Kaiulani Of Princeville #70 18.00 ac 1,781 #70 2/2.01
238211 CND AT CPR A 117 4-5-4-5-39-55 FS $324,000- Cliffs At Princeville #2305 1,137 #2305 2/2.00
241100 CND AT CPR A 57 4-5-4-5-16-52 FS $389,900- Alii Kai At Hanalei #7101 886 #7101 2/2.00
241206 CND AT CPR A 55 4-5-4-12-9-9 FS $459,000- Pali Ke Kua Iii #13 1,135 #13 2/2.00
230032 CND AT CPR A 425 4-5-4-12-9-17 FS $649,000- Pali Ke Kua Iii #139 993 #139 2/2.00
234176 CND AT CPR A 790 4-5-4-11-3-1 FS $1,695,000- Hanalei Bay Resort #A11 1,705 #Bamboo A11 3/3.00
235875 CND,MTF AT CPR A 239 4-5-3-6-22-56 FS $1,195,000- Kaiulani Of Princeville #56 18.00 ac 2,443 #56 3/3.01
235814 CND,MTF 2U,AT CPR A 239 4-5-3-6-22-1 FS $1,395,000- Kaiulani Of Princeville #1 18.00 ac 2,843 #1 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.
The first new listing is Ali'i Kai 4303 which is now a bank REO priced at $386,500 after being previously listed from 5/08 to 12/09 starting at $1.165M and reducing to $795K and again from 12/09 to 11/10 during which time it went from $795K to $725K. This unit sold for $490K in 12/03 and became the bank's property in 10/10. It's a great ocean view upper floor unit for this price. Also listed this week is Sealodge C3 priced at $399K after selling for $365K in 5/03. This unit was listed from 4/09 to 3/10 at $679K and again from 5/10 to 10/10 for $549K.
Paniolo 211 expired last week and is back on the market this week at the same price of $335K. It sold for $300K in 11/09.
Finally, Hanalei Bay Villa 8 went into escrow priced at $489,900. This unit sold for $730K in 6/05 and was foreclosed on by the bank in 5/10. It's been listed before and unsucessfully went to auction the end of 2010.
Bank REO Mauna Kai D301 sold for the list price of $281K after only nine days on the market. This unit sold previously for $525K in 10/06 and was foreclosed on by the bank in 9/10. This was a big 3 bedroom unit for the price!
Puamana 9C expired while listed at $297,585. This unit sold for $175K in 4/02.
Sandpiper 134 was withdrawn after a long 575 days on the market. Purchased for $484K in 7/05, this unit was priced at $209K, having reduced down from $275K.
As for price changes: the developer's Ka'iulani unit 70 reduced this week from $895K to $845K. Cliffs 2305, currently a short sale which last sold for $680K in 6/06, reduced a minimal amount from $326,500 to $324K. Ali'i Kai 7101, a bank owned property, went from $399,900 to $389,900 and last sold for $625K in 4/07. The bank took it over in 9/10. Pali Ke Kua 13 went from $469K to $459K and was last purchased for $116,500 in 3/96. Pali Ke Kua 131 reduced to $649K from $699K and sold for $499K in 6/02. Hanalei Bay Resort A11 was purchased for $1.695M in 7/07 and reduced from $1.895M to $1.695M. Two of the developer's Ka'iulani units reduced - unit 56 went from $1.395M to $1.195M and unit 1 went from $1.495M to $1.395M
Now on to your Princeville home update -Surprisingly, there are no new residential listing this week:
Copyright 2/6/2011 by Hawaii Information Service
BACK ON THE MARKET
236140 RES DT FL A 225 4-5-4-14-26 FS $1,570,000 3925 Kamehameha Rd 20,093 sqft 3,925 4/3.01
EXPIRED
220820 RES DT FL X 688 4-5-4-13-40 FS $929,900 3618 Keoniana Rd 12,013 sqft 3,081 4/3.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Pretty short update compared to the usual! Remember, if you have questions about any property on Kauai, and want the facts, please call or email. That's why I'm here.
Aloha Elaine
The waves just kept rolling in.......
Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge - Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor's Institute
Accredited Buyer's Representative
Short Sale and Foreclosure Resource Certification
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: http://blogs.alohaliving.com/princeville-condo-sales/
......Making your real estate dreams
my business.........
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