Princeville condo (and house) update for the week of July 6th to 12th

Let's get right to your update this week:

Copyright 7/13/2008 by Hawaii Information Service

NEW LISTINGS
211523 O A 6 4-5-4-5-18-9 FS $599,000 Puamana #3A 1,532 #3A 2/2
213369 T A 7 4-5-4-5-24-94 FS $999,000 Nihilani At Princeville Resort #32A 1,874 #32A 3/2.5

BACK ON THE MARKET
210700 T A 68 4-5-4-5-24-98 FS $664,200 Nihilani At Princeville Resort #33B 1,406 #33B 2/2
210596 T A 69 4-5-4-5-24-23 FS $665,200 Nihilani At Princeville Resort #8B 1,567 #8B 2/2.5
210699 T A 68 4-5-4-5-24-31 FS $679,200 Nihilani At Princeville Resort #11A 1,406 #11A 2/2
210598 T A 62 4-5-4-5-24-8 FS $686,200 Nihilani At Princeville Resort #3B 1,567 #3B 2/2.5
212717 T A 25 4-5-4-5-24-13 FS $699,000 Nihilani At Princeville Resort #5A 1,874 #5A 3/2.5
207651 T A 137 4-5-4-5-24-29 FS $699,200 Nihilani At Princeville Resort #10B 1,567 #10B 2/2.5
210620 T A 69 4-5-4-5-24-97 FS $731,500 Nihilani At Princeville Resort #33A 1,874 #33A 3/2.5
210613 T A 69 4-5-4-5-24-100 FS $731,500 Nihilani At Princeville Resort #34A 1,874 #34A 3/2.5
210691 T A 130 4-5-4-5-24-44 FS $751,500 Nihilani At Princeville Resort #15B 1,874 #15B 3/2.5
210695 T A 68 4-5-4-5-24-24 FS $761,500 Nihilani At Princeville Resort #8C 1,874 #8C 3/2.5
210693 T A 68 4-5-4-5-24-28 FS $761,500 Nihilani At Princeville Resort #10A 1,874 #10A 3/2.5
210696 T A 68 4-5-4-5-24-32 FS $761,500 Nihilani At Princeville Resort #11B 1,874 #11B 3/2.5
206852 T A 114 4-5-4-6-1-29 FS $899,950 Villas Of Kamalii #29 1,825 #29 3/3

SALES
206958 T S 107 4-5-4-5-23-17 FS $549,000 Plantation At Princeville #511 1,153 #511 2/2
SOLD 7/3/2008 for $525,000 (CASH) DOM 107

210701 T S 0 4-5-4-5-24-4 FS $675,000 Nihilani At Princeville Resort #2A 1,406 #2A 2/2
SOLD 6/30/2008 for $670,000 (CNV) DOM 0

210612 T S 2 4-5-4-5-24-27 FS $799,200 Nihilani At Princeville Resort #9C 1,972 #9C 2/3
SOLD 6/27/2008 for $750,000 (CNV) DOM 2

EXPIRED
210822 T X 14 4-5-4-5-13-28 FS $504,617 Kamahana #28 1,145 #28 2/2
195741 T X 392 4-5-4-5-39-188 FS $895,000 Cliffs At Princeville #9102 917 #9102 1/2

WITHDRAWN
209673 T W 94 4-5-4-5-3-4 FS $365,000 Princeville Paniolo #104 1,058 #104 1/2
196884 T W 395 4-5-4-5-18-68 FS $499,000 Puamana #19B 1,660 #19B 3/2
203728 T W 231 4-5-4-12-5-20 FS $1,395,000 Pali Ke Kua Incr I, ii, iii #202C 1,127 #202C 2/2
202670 T W 263 4-5-4-12-11-53 FS $1,995,000 Puu Poa #411 1,777 #411 2/2

PRICE CHANGES
211984 T A 26 4-5-3-6-22-71 FS $899,000- Kaiulani Of Princeville #71 1,901 #71 2/2.5
209209 T A 104 4-5-4-15-21-32 FS $379,000- Sandpiper Village I #132 1,042 #132 2/2
211781 T A 41 4-5-4-5-3-24 FS $409,000- Princeville Paniolo #211 1,058 #211 1/2
207661 T A 141 4-5-4-5-4-5 FS $449,000- Ka'eo Kai Ph I #5A 1,503 #5A 2/2
196541 T A 333 4-5-4-12-10-25 FS $550,000- Emmalani Court #413 952 #413 1/2
188728 T A 540 4-5-4-5-39-55 FS $589,000- Cliffs At Princeville #2305 1,137 #2305 2/2
213365 T A 8 4-5-4-5-24-80 FS $669,000- Nihilani At Princeville Resort #27B 1,567 #27B 3/2.5
213369 T A 7 4-5-4-5-24-94 FS $999,000+ Nihilani At Princeville Resort #32A 1,874 #32A 3/2.5
210701 T S 0 4-5-4-5-24-4 FS $675,000+ Nihilani At Princeville Resort #2A 1,406 #2A 2/2
SOLD 6/30/2008 for $670,000 (CNV) DOM 0

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

First up is Puamana 3A, listed for $599K, having last sold for $640K (yes, that's right - for $640K) in 7/06. This is the first time this owner/agent unit has been listed since that purchase. Also new to the market is Nihilani 32A, listed at a phenomenal $985K by its owner / agent. This unit was purchased in 3/06 for $985K and is a 3 bedroom 2 bath Makani unit. Right now in Nihilani there are four Makani units listed in the high $600K's.

Back on the market this week after expiring from the MLS this are 11 developer's Nihilani units, and one resale, unit 5A, which is very attractively priced at $699K. This is a Makani unit with apprx. $100K worth of upgrades which apparently went quickly into escrow but just as quickly came back on the market. Villas of Kamali'i #29 is also back after having been withdrawn for several months.

Nihilani had two sales this week, both developer's units. Apparently, the push to sell in June and July paid off. Also selling is Plantation #511, which closed at $525K, having sold for $405K in 8/05.

Two units expired from the MLS, one of which is Kamahana 28 which was only listed for 14 days $504,617. This unit was purchased in 4/06 for $599K - maybe it was a 14 day fire sale. I really don't know but keep your eyes open to see if this unit comes back on at a higher price. Also expiring is Cliffs 9102 which last sold for $450K in 2/04.

Several units were withdrawn: Paniolo 104 was listed for $365K and had a purchase price of $240K in 9/03. Puamana 19B also came off the market, having last sold in 10/03 for $325K. It was listed for $499K. Pali Ke Kua 202, which was listed for an exceptionally high price of $1.395 M, finally withdrew after 231 days on the market. It sold for $682,500 in 10/03. And finally we have Pu'u Po'a 411 which sold for $320K in 6/97 but received no offers at the recent list price of $1.995M.

As usual, price changes make up the largest category. Ka'iulani #71 went from $925K to $899K and is slowly approaching the original purchase price of $825,990 from 6/08. Sandpiper 132, which sold for $330K in 8/04, went from $399K to $479K. Paniolo #211 went from $422K to $409K, Ka'eo Kai #5A from $479K to $449K, and Emmalani Court 413 dropped from $595K to $550K. This unit last sold in 7/05 for $565K. Cliffs 2305, purchased in 6/06 for $680K went from $629,500 to $589K while Nihilani 27B went from $675K to $669K. 27B sold for $682,180 in 10/06. This unit is owned by the same owner/agent who just listed Nihilani 32A. Although 32A shows as having a price increase, the listing history does not indicate any changes. Prior to selling Nihilani 2A, the developer increased the price from $630K to $675K on 7/8/08. Maybe some people just like the pay more....

Here is your Princeville home update for this past week:

Copyright 7/13/2008 by Hawaii Information Service

NEW LISTINGS
213380 RS A 6 4-5-4-24-18 FS $895,000 4275 Waileia Pl 10,390 sqft 2,044 3/2
213293 RS A 6 4-5-4-21-27 FS $985,000 4871 Akai Pl 11,486 sqft 1,772 3/2

BACK ON THE MARKET
205193 RS A 200 4-5-4-14-31 FS $1,275,000 3885 Kamehameha Rd 12,127 sqft 2,372 4/3

CONTINGENT SALES
212113 RS C 31 4-5-3-12-31 FS $1,450,000 3988 Aloalii Dr 8,137 sqft 2,483 3/3.5
207210 RS C 151 4-5-4-16-87 FS $739,000 4120 Nalani Ln 11,740 sqft 1,725 3/2
198759 RS C 359 4-5-4-15-16 FS $769,900 3834 Haulani Pl 11,020 sqft 2,048 3/3
200647 RS C 253 4-5-4-14-8 FS $2,385,000 3762 Keli'i Pl 21,627 sqft 3,850 5/4.5

WITHDRAWN
210804 RS W 97 4-5-4-13-6 FS $1,160,000 3695 Kaweonui Rd 11,121 sqft 2,492 4/3

PRICE CHANGES
200685 RS A 311 4-5-4-15-6 FS $769,000- 3881 Albert Rd 11,515 sqft 1,732 3/2.25
205193 RS A 200 4-5-4-14-31 FS $1,275,000- 3885 Kamehameha Rd 12,127 sqft 2,372 4/3

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Any questions or in need of analysis on a home or condo you're planning to buy or sell, just call or email. Until next week, enjoy the warmth of the summer!

Aloha, Elaine

Elaine Schaefer (R, GRI, ABR)
Broker in Charge - Princeville Resort Office
Graduate, Realtor's Institute
Accredited Buyer's Representative
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

......you can have your own piece of paradise
ask me how!