Princeville Kauai condo (and house) + short sale update for the week of Aug 14th to Aug 20th

Aloha,

It was a very slow week, both in condos and single family residences as you’ll see from the updates below. It’s not uncommon for things to slow to a crawl this time of the year as the focus shifts to getting kids back into school. Take a look below:

NEW LISTINGS
247507 CND A 6 4-5-4-11-3-133 FS $795,000 Hanalei Bay Resort #R37 867 #R37 1/2.00
247750 CND A 2 4-5-4-5-52-2 FS $932,000 Orchid Point #B 1,435 #B 2/2.01
247748 CND A 2 4-5-4-5-52-1 FS $969,000 Orchid Point #A 1,477 #A 2/2.01

PRICE CHANGES
236149 CND A 88 4-5-4-12-10-29 FS $427,000- Emmalani Court #422 1,192 #422 2/2.00
243770 CND A 51 4-5-4-12-3-29 FS $699,000- Hanalei Bay Villas #29 1,364 #29 2/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/21/2011

New Listings:
Hanalei Bay Resort 3306/06 is new on the market priced at $795K. This Bali Hai view unit sold back in 8/87 for $157,500. We have two listing returning to the market: Orchid Point B and A, priced at $932K and $969K respectively. For those of you who know Princeville pretty well, and can’t figure where these two condos are, they’re the ones that were built between Sealodge and the Shearwater timeshare units on Kamehamaha. Unit B was previously listed from 10 to 12 of 08 starting at $1.650M and was reduced to $1.525M by the time it expired. Unit A started at $1.675K in 10/08 and reduced to $1.495M when it expired in 12/08. On to price changes as there was no other activity.

Price Changes:
Emmalani Court 422, which sold as a bank foreclosure in 9/09 for $365K, reduced from $442K to $427K. Hanalei Bay Villas sold for $320K in 7/00 and reduced from $799K to $699K this week. It started out listed for $825K. That’s it!

Here’s your Princeville home update – No new listings, just a few back on the market after expiring, one that is withdrawn and one price change:

BACK ON THE MARKET
244171 RES A 50 4-5-3-11-32 FS $1,250,000 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
236140 RES A 34 4-5-4-14-26 FS $1,570,000 3925 Kamehameha Rd 20,093 sqft 3,925 4/3.01

WITHDRAWN
243376 RES W 160 4-5-4-8-23 FS $829,000 5070 Kamamalu Loop 11,067 sqft 1,755 3/3.01

PRICE CHANGES
240019 RES A 268 4-5-4-22-23 FS $848,000- 4137 Nalani Ln 10,720 sqft 2,499 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. Copyright ©8/21/2011

I’m keeping it short and sweet this week. Any questions, you know who to ask. Need the facts? That’s why I’m here. See you next week.

Aloha Elaine

Hanalei Bay

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………