Princeville Kauai condo (and house) + short sale update for the week of Dec 4th to Dec 10th

Aloha,

We’ve had some crazy weather this past week, going from bright and sunny to pouring rain in the blink of an eye. This weekend, the weather seems to be coming from the Kona side, and as of last night, areas of Oahu were under flash flood watches and/or warnings. I hope it settled down today since the Honolulu Marathon is today, Sunday. Here on Kauai it’s pretty windy with whitecaps and periods of driving rain. Here’s your update for this week just past:

NEW LISTINGS
250243 CND A 4 4-5-4-5-7-30 FS $489,000 Princeville Sealodge #D1 746 #D1 2/2.00
250482 CND A 6 4-5-4-6-1-2 FS $699,000 Villas Of Kamalii #2 1,766 #2 3/3.00

BACK ON THE MARKET
232853 CND A 638 4-5-4-15-21-8 FS $190,000 Sandpiper Village I #108 1,042 #108 2/2.00
249056 CND A 54 4-5-4-5-23-5 FS $399,000 Plantation At Princeville #211 1,153 #211 2/2.00

CONTINGENT SALES
232843 CND C 1361 4-5-4-12-11-14 FS $774,000 Puu Poa #114 2,065 #114 2/2.00

WITHDRAWN
241823 CND W 330 4-5-4-12-2-6 FS $250,000 Hale Moi #106 1,033 #106 2/2.00
233890 CND W 1029 4-5-4-5-23-66 FS $409,999 Plantation At Princeville #1712 1,153 #1712 2/2.00
244989 CND W 220 4-5-4-5-7-38 FS $897,000 Princeville Sealodge #D9 570 #D9 1/1.00

PRICE CHANGES
243884 CND A 255 4-5-3-6-22-76 FS $675,000- Kaiulani Of Princeville #76 1,738 #76 2/2.01
246031 CND A 90 4-5-3-11-1-19 FS $698,600- Villas On The Prince #19 1,732 #19 3/3.00
230147 CND A 729 4-5-3-6-22-9 FS $1,450,000- Kaiulani Of Princeville #9 2,864 #9 3/3.01
246638 CND A 143 4-5-4-15-21-40 FS $188,000- Sandpiper Village I #203 1,173 #203 2/2.01
247837 CND A 110 4-5-4-5-24-51 FS $575,000- Nihilani At Princeville Resort #17C 1,874 #17C 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©12/11/2011

New Listings:
Sealodge D1 is new on the market at $489K having last sold for $325K in 10/02. No short sale here! Villas of Kamali’i 2 is priced at $699K after selling for $640K in 5/04.

Back on the Market:
Short sale Sandpiper 108, which sold in 6/05 for $485K, is back on the market priced at $190K after expiring last week. Another short sale is back on the market – Plantation 211 which was purchased for $595K in 6/07 and went into escrow on 11/2, unfortunately came back on the market on 12/5 still priced at $399K.

Contingent:
Pu’u Po’a 114 is in escrow for what I think might be the fourth time while priced at $774K. I’m keeping my fingers crossed for a successful close of escrow on this try. This ocean view condo was purchased for $1.4M in 3/05.

Withdrawn:
Short sale Hale Moi 106 was withdrawn from the market this week while priced at $250K after 330 market days. It sold for $485K in 10/05. Plantation 1712 last sold for $515K in 2/08 as a short sale and has now been withdrawn after 1029 market days with a list price of $409,999. Sealodge D9 came off the market with a list price of $897K which is well above recent sales. This ocean view condo was purchased for $595,500 in 9/04.

Price Changes:
Ka’iulani 76, which sold from the developer in 4/07 for $900,570 reduced from $729,999 to $675,000. Villas on the Prince 19 made another tiny reduction this week going from $698,900 to $698,600. It last sold for $520K in 6/01. Ka’iulani 9 reduced from $1.750M to $1.450M and sold for $2,008,270 from the developer in 2/08. Short sale Sandpiper 203 was last purchased for $370,500 in 7/04 and reduced from $198,900 to $188K. Nihilani 17C, a Makani unit which sold for $822,870 in 8/06, reduced from $599K to $575K.

Now on to your Princeville home update, which is pretty sparse this week:

NEW LISTINGS
250356 RES A 5 4-5-4-19-15 FS $1,187,100 5111 Kuhina Pl 17,755 sqft 3,488 3/4.00

EXPIRED
235661 RES X 540 4-5-4-13-30 FS $2,900,000 3559 Kaweonui Rd 11,372 sqft 1,946 #0 3/2.01

PRICE CHANGES
238236 RES A 472 4-5-3-11-38 FS $895,000- 4104 Aloalii Dr 8,970 sqft 2,024 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©12/11/2011

That’s it for this week. Hope you are well on your way to completing your Christmas shopping. Just two weeks left. If you want a house or condo in your stocking for Christmas, give me a call and I’ll do what I can to help Santa. If you have any questions about this report or any other condos, please send an email. That’s why I’m here – so you have the facts before you buy or sell. Happy Christmas shopping!

Aloha Elaine

The sky has been beautiful lately, I wanted to share some sunrise and sunsets:

Sunrise.

More of sunrise.

Sunset.

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………