Aloha,
This is my favorite time of the year – we have beautiful sunny days but the winds take on a nice cooling feel as we head into winter. What a great time to be on Island. More and more we’re experiencing refreshing trades, plus, the arrival of the whales in on the horizon. If you’ve never been to Kauai in the “fall” you might give it a try. It’s not quite as busy as during the summer either.
As far as real estate goes, fall is usually our slowest time. We only have one new condo listing, two contingent offers and one sale. So far this month there were 54 sales compared to 59 for last October. Year to date we are ahead with 614 sales compared to 577 for last year at this time. We’ll see what the end of the month brings. Now on to your weekly update:
NEW LISTINGS
246392 CND A 6 4-5-3-6-22-40 FS $1,449,000 Kaiulani Of Princeville #40 2,430 #40 3/3.01
CONTINGENT SALES
246309 CND C 131 4-5-4-5-16-22 FS $450,000 Alii Kai At Hanalei #3202 1,086 #3202 2/2.00
246524 CND C 125 4-5-4-12-11-10 FS $1,250,000 Puu Poa #110 2,065 #110 2/2.00
SALES
233081 CND S 563 4-5-4-5-23-41 FS $439,000 Plantation At Princeville #1111 1,153 #1111 2/2.00
SOLD 10/28/2011 for $399,000 (CASH) DOM 563
TEMPORARILY WITHDRAWN
248953 CND T 23 4-5-4-5-18-53 FS $549,000 Puamana #15A 1,419 #15A 3/3.00
PRICE CHANGES
232853 CND A 598 4-5-4-15-21-8 FS $190,000- Sandpiper Village I #108 1,042 #108 2/2.00
245563 CND A 163 4-5-4-5-17-55 FS $270,000- Alii Kai Ii Hanalei #14G 1,037 #14G 2/2.00
228849 CND A 726 4-5-4-5-23-25 FS $465,000- Plantation At Princeville #711 1,153 #711 2/2.00
240671 CND A 335 4-5-4-12-11-2 FS $1,100,000+ Puu Poa #102 1,352 #102 2/2.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©10/30/2011
New Listings:
Ka’iulani 40 is back on the market priced at $1.449M after selling from the developer for $1,772,090 in 2/07. It was previously listed for $1,825M from 6/09 to 1/10 and again for $1.595M from 12/10 to 1/11. Both times it was withdrawn.
Contingent:
Short sale ocean view Ali’i Kai 3202 found a buyer this week while priced at $450K. This condo was purchased for $770K in 3/05 and reduced from $595K to $450K on 10/9. Pu’u Po’a 110 went into escrow after 119 market days listed at $1.250M. This Bali Hai view condo last sold for $1,637,500 in 7/05 and was previously listed from 6/10 to 3/11 for $1.4M.
Sales:
Plantation 1111 sold for $399K cash (there’s a lot of that around these days) while listed for $439K. It was previously purchased for $598,401 in 11/05.
Temporarily Withdrawn:
Puamana 15A, a three bedroom unit priced at $549K was temporarily withdrawn from the market. It was purchased for $395K as a short sale in 3/11.
Price Changes:
Sandpiper 108 went to a new low for Sandpiper by reducing to $190K from $205K. This short sale was purchased for $485K in 6/05. FNMA REO Ali’i Kai 14G which sold for $583K in 8/05 and was foreclosed on in 5/11, reduced from $274,900 to $270K. Plantation 711 went from $485K to $465K and was purchased for $455,401 in 9/05. Pu’u Po’a 102 is the only unit to experience a price increase, going from $999K to $1.1M having been purchased for $1.4M in 5/05. It is a vacation rental but does not show as a short sale. Now on to your Princeville home update:
NEW LISTINGS
249347 RES A 6 4-5-4-16-68 FS $1,095,000 4401 Emmalani Dr 12,937 sqft 2,137 3/2.00
CONTINGENT SALES
248874 RES C 27 4-5-4-9-16 FS $699,000 42-010 Liholiho Rd 10,255 sqft 1,980 3/2.01
SALES
246924 RES S 68 4-5-4-19-16 FS $749,000 5112 Napo’okala Cir 15,320 sqft 2,196 3/2.01
SOLD 10/25/2011 for $725,000 (CASH) DOM 68
PRICE CHANGES
240019 RES A 338 4-5-4-22-23 FS $799,000- 4137 Nalani Ln 10,720 sqft 2,499 3/3.01
221726 RES A 971 4-5-4-13-13 FS $1,395,000- 3647 Kaweonui Rd 10,836 sqft 2,879 4/3.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©10/30/2011
The new owner of Napo’okala Circle got a very nice golf course house with lots of privacy for $725K cash. I showed this property while it was listed at $749K and thought it offered quite a bit of value for the dollar even at that price. It last sold in 5/02 for $625K. Nice house!
Please don’t hesitate to email or call if you have questions or if you want the facts before buying or selling. That’s why I’m here.
Aloha Elaine
Here’s a few more pictures from the Big Island:
This tree is big!
How big is big?
Riding in Waipio Valley, Big Island
Rainbow Falls in Hilo, Big Island
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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