Aloha,
This was a very busy week for both condos and houses. As you know, condos have been fairly active but this week we saw two homes go quickly into escrow. One is a very nice short sale on Kaweonui while the other is a large home which still needs some work to bring it to completion. Ocean view and well priced condos continue to lead the way. For the second week in a row there were no price reductions in either category. With properties flying off the shelves as they are now, it appears there’s no need! Take a look:
NEW LISTINGS
263480 CND A 2 4-5-3-11-1-27 FS $749,000 Villas On The Prince #27 1,732 #27 3/3.00
263531 CND A 3 4-5-4-5-7-38 FS $787,000 Sealodge #D9 570 #D9 1/1.00
263237 CND A 4 4-5-4-12-11-19 FS $995,000 Puu Poa #205 1,352 #205 2/2.00
263599 CND U 4 4-5-4-12-2-19 FS $275,000 Hale Moi #119 1,033 #119 2/2.00
CONTINGENT SALES
261347 CND C 78 4-5-4-5-12-6 FS $399,000 Sealodge #F6 567 #F6 1/1.00
SALES
253361 CND S 312 4-5-3-6-22-8 FS $1,225,000 Kaiulani #8 2,864 #8 3/3.01
SOLD 5/17/2013 for $1,225,000 (CNV) DOM 312
260480 CND S 6 4-5-4-5-7-47 FS $395,000 Sealodge #E9 566 #E9 1/1.00
SOLD 2/28/2013 for $360,000 (CASH) DOM 6
UNDER CONTRACT
263599 CND U 4 4-5-4-12-2-19 FS $275,000 Hale Moi #119 1,033 #119 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.
New Listings:
Villas on the Prince was purchased for $700K in 6/09 and is now on the market at $749K. Sealodge D9 is priced at $787K, having last sold for $595,500 in 9/04. This ocean view unit was first on the market from 4/09 to 5/09, during which time it went from $1.077M to $997K and again from 5/11 to 12/11, with a start price of $997K, ending at $897K. Second floor Pu’u Po’a 205 is a “one owner” purchased in 2/85 for $225K. It is listed for $995K. It was listed once before from 11/02 to 10/04 for $689,900. Downstairs Hale Moi 119 is new this week priced at $275K after selling for $150K in 11/00. It went quickly under contract.
Contingent:
Sealodge F6, with a list price of $399K, went into escrow. It was purchased for $565K in 12/05 and is not a short sale.
Sales:
Ka’iulani 8 closed for the list price of $1.225M after selling from the developer in 3/08 for $1,939,420. Sealodge E9 sold for $360K cash while listed for $395K. The previous purchase was in 12/00 for $285K.
Under Contract:
As noted under new listings, Hale Moi 119 went under contract in a matter of days. Now on to your Princeville Kauai home sales:
NEW LISTINGS
263603 RES A 5 4-5-4-13-6 FS $999,999 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00
246921 RES C 3 4-5-4-21-8 FS $534,800 3790 Kaweonui Rd 9,276 sqft 2,213 3/2.01
CONTINGENT SALES
246921 RES C 3 4-5-4-21-8 FS $534,800 3790 Kaweonui Rd 9,276 sqft 2,213 3/2.01
262742 RES C 760 4-5-4-13-59 FS $759,000 3682 Keoniana Rd 10,247 sqft 1,676 3/2.00
263419 RES C 8 4-5-4-15-18 FS $869,000 3820 Haulani Pl 10,560 sqft 3,363 5/4.01
SALES
261163 RES S 6 4-5-4-9-6 FS $799,999 4197 Liholiho Rd 10,657 sqft 1,852 3/2.00
SOLD 5/17/2013 for $797,999 (CNV) DOM 6
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Last May there were a total of 88 sales. As of today, Sunday, 47 sale have been reported. There are currently 280 properties Island wide either in escrow or under contract – and we are just past the halfway mark for May. The inventory is definitely diminishing, with only 58 condos listed in Princeville, ranging in price from $293K for Sandpiper up to $2.2M for a Ka’iulani townhome. Only 33 homes are on the Princeville market, going from a low of $674K for home on O’u Place to $14M for a retreat on Hanalei Plantation Road. If you are interested in any of these properties, or any others on Kauai, please do not hesitate to ask. That’s why I’m here – so you have the facts before buying or selling.
Aloha Elaine
The Paradise Bar and Grill in the Princeville center is being remodeled and will soon open as Todd and Michele Rundgren’s Tiki Iniki. This must be one of the on site supervisors. I’ll let you know when it opens so you can check it out.
Elaine Schaefer (R)
Broker in Charge
CRS, GRI, ABR, SFR
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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