Aloha,
It was another busy week – and based on all the activity and various market reports, it seems we are seeing some recovery. More and more buyers are getting off the fence and taking advantage of the great opportunities seen throughout the Island. Take a look at what took place in Princeville condos this week:
Copyright ©6/3/2012 by Hawaii Information Service
NEW LISTINGS
254938 CND A 5 4-5-4-12-9-3 FS $369,900 Pali Ke Kua #7 1,135 #7 2/2.00
254962 CND A 4 4-5-4-5-12-3 FS $429,000 Sealodg #F3 556 #F3 1/1.00
253709 CND A 4 4-5-4-12-11-9 FS $1,200,000 Puu Poa #109 1,646 #109 2/2.00
CONTINGENT SALES
254573 CND C 19 4-5-4-15-21-44 FS $230,000 Sandpiper #207 1,173 #207 3/2.01
SALES
243730 CND S 409 4-5-3-6-22-48 FS $985,000 Kaiulani #48 2,479 #48 3/3.00
SOLD 6/1/2012 for $950,000 (CASH) DOM 409
251903 CND S 39 4-5-4-5-17-14 FS $219,000 Alii Kai #9F 1,037 #9F 2/2.00
SOLD 6/1/2012 for $202,800 (CASH) DOM 39
246073 CND S 47 4-5-4-6-1-19 FS $629,000 Villas Of Kamalii #19 1,815 #19 3/3.00
SOLD 6/1/2012 for $620,000 (CASH) DOM 47
UNDER CONTRACT
250276 CND U 53 4-5-4-5-24-61 FS $469,000 Nihilani #21A 1,874 #21A 3/2.01
254185 CND U 9 4-5-4-6-1-27 FS $685,000 Villas Of Kamalii #27 1,815 #27 3/3.00
EXPIRED
248810 CND X 202 4-5-3-11-1-4 FS $795,000 Villas On The Prince #4 1,732 #4 3/3.00
PRICE CHANGES
251607 CND A 135 4-5-4-5-18-17 FS $295,500- Puamana #5A 1,214 #5A 2/2.00
253318 CND A 68 4-5-4-5-23-10 FS $339,500- Plantation #312 1,153 #312 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 ©6/3/2012 by Hawaii Information Service
New Listings:
Pali Ke Kua 7, a bank owned property, is listed for $369,900 after selling for $685K in 5/06. Sealodge F3 is on the market priced at $429K with a prior purchase price of $125K in 5/99. Ground floor Pu’u Po’a 109 has a list price of $1.2M. This ocean view condo sold for $949K in 8/04.
Contingent:
Sandpiper 207 wasted no time at all going into escrow in only 14 days. This is a former vacation rental which is painted in bright tropical colors. It last sold for $299K in 1/03 and was listed for $230K.
Sales:
Ka’iulani 48 was purchased from the developer for $1,502,610 in 9/07 and sold this week for $950K cash while listed for $985K. Not a short sale – perhaps tax write off. Bank owned Ali’i Kai 9F sold for $202,800 cash with a list price of $219K. It last sold for $560K in 9/05 and was foreclosed on it 1/12. Another cash sale is Villas of Kamali’i 19 which closed at $620K while listed for $629K. This townhome, which was purchased from the developer in 9/03 for $458K may even have yielded a gain!
Under Contract:
Short sale Nihilani 21A went from contingent to under contract while priced at $469K. Villas of Kamali’i 27 also went under contract with a list price of $685K.
Price Changes:
Puamana 5A was purchased for $325K in 1/04 and reduced this week from $299K to $295,500. Plantation 312, a short sale that sold for $565K in 8/06, reduced to a bank approved price of $339,500 from $395K.
Looking at the activity for this past week, you can easily see the great buys that were (and still are) available. Houses are not seeing the same level of activity but will probably pick up over the summer as families come to visit and find their tropical paradise home. Just two new listings and one price reduction – take a look:
Copyright ©6/3/2012 by Hawaii Information Service
NEW LISTINGS
254705 RES A 6 4-5-3-12-14 FS $1,395,000 3975 Aloalii Dr 7,525 sqft 3,471 3/2.01
254734 RES A 7 4-5-4-24-5 FS $649,000 4200 Waileia Pl 9,639 sqft 1,928 3/2.01
PRICE CHANGES
244030 RES A 24 4-5-4-8-19 FS $795,000- 5056 Kamamalu Loop 11,472 sqft 1,907 3/2.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Copyright ©6/3/2012 by Hawaii Information Service
I mentioned in the beginning of this blog that buyers are taking advantage of the many opportunities seen throughout the Island. Although my update only addresses Princeville properties, I can also point out “good buys” in Kapaa, Lihue, Puhi and many other places. If you’d like to know what’s available in other areas of Kauai or you’d need to know what it takes to sell your property, please don’t hesitate to send an email. That’s why I’m here – so you have the facts and guidance you need when buying or selling. Have a great week!
Aloha Elaine
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: www.activerain.com/blogs/soldonkauai
……Making your real estate dreams
my business………
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