Real estate blog entries tagged with hawaii condos by Elaine Schaefer, R, CRS, GRI, ABR, SFR (Sold on Kauai Realty)

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hawaii condos: June 2008 Market Statistics - 07/16/08 10:02 AM

Aloha,
Here we are in July already, in fact, it feels like July is almost over and we're heading into August! Before we get too far into July, I wanted to get your market statistics for June out to you. Starting with the Number of Sales: For June, Island wide residential saw a 39% decrease with a drop from 46 to 28 sales for June 07 compared to 08, and the same percentage decline year to date, going from 245 to 148 this time this year. Condos, Island wide were down 12% comparing June 07 to 08, with 24 sold in … (0 comments)

hawaii condos: The buy of the day is a Nihilani at $589K! - 07/15/08 01:00 PM

Aloha,
If you've been reading my blog for any time now, you know I am always talking about sellers who need to come to terms with the buyer's market and price accordingly. Well guess what, the owner / agent of Nihilani 27B has done just that, reducing today from $669K to $589K after only 10 days on the market. This unit sold for $682,180 in 10/06 and is now a short sale, subject to lender approval.
This is the Hoku floor plan, which is what I have. The original consisted of 1 bed / 1 bath and a family room downstairs, … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of June 29th to July 5th - 07/06/08 06:57 PM

Aloha,
...... and Happy 4th of July. I hope everyone enjoyed the weekend and got your fill of fireworks. They had 3 events here on Island. One was on Thursday at PMRF where the base was open to the entire Island for an evening fireworks / crafts / food event. There were approximately 2,500 who attended. Also, this year there was a day long 4th of July celebration at the Kekaha Community Center. There were games for the kids, food, crafts and of course Fireworks in the evening. The big event on the 4th of July is the Kauai Hospice Fundraiser, … (0 comments)

hawaii condos: May 08 Market Statistics - 06/11/08 05:24 PM

Aloha and welcome to June (already.) It's time to take a look back at the month of May to see how it compares to May 07 and to look at year to date last year compared to this year. First up is the number of sales: overall, residential is down 51% comparing May 07 to 08 and shows a 40% decline comparing year to date 07 to 08. What this means is that last May there were 41 residential sales while there were only 20 this May, and 199 sales at this time last year compared to 119 this year to … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 27th to May 3rd - 05/05/08 06:06 AM

Aloha,
It looks like we've got many new listings but when you get into it, you'll see they are all "repeats." Here is your condo listing update for this past week:
Copyright 5/3/2008 by Hawaii Information Service
NEW LISTINGS210770 T A 1 4-5-3-11-1-30 FS $815,000 Villas On The Prince #30 1,732 #30 3/3210605 T A 5 4-5-3-6-22-22 FS $2,395,000 Kaiulani Of Princeville #22 2,864 #22 3/3.5210590 T A 5 4-5-4-5-7-9 FS $499,000 Princeville Sealodge #B1 566 #B1 1/1208790 T A 4 4-5-4-5-7-11 FS $499,999 Princeville Sealodge #B3 570 #B3 1/1210822 T A 1 4-5-4-5-13-28 FS $570,000 Kamahana #28 1,145 #28 2/2210596 T A 5 … (0 comments)

hawaii condos: April 08 Princeville Condo Overview - 05/03/08 10:36 AM

Aloha,
Everyone always wants to know "How's the market? Is it doing better than the mainland? Are properties selling? Do you think that it is starting to pick up?" and on and on. While I enjoy giving my professional opinion (bear in mind, we all have opinions) and / or speculating about what I think will happen next, I think a great visual explanation of the market is to pull up and print out what we in the business call a "listing update" which spans the last month, and look at it as a whole.
A listing update is nothing more than what … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 20th to 26th - 04/29/08 11:20 AM

Aloha,
Let's get right to it. Here is your update for last week:
Copyright 4/27/2008 by Hawaii Information Service
NEW LISTINGS210071 T A 4 4-5-4-12-2-34 FS $490,000 Hale Moi #214 1,033 #214 1/2210522 T A 2 4-5-4-12-2-16 FS $499,500 Hale Moi #116 1,033 #116 1/2210504 T A 2 4-5-4-15-21-59 FS $529,900 Sandpiper Village I #222 1,173 #222 3/2.5
BACK ON THE MARKET176670 T A 733 4-5-4-5-16-57 FS $799,000 Alii Kai At Hanalei #7202 886 #7202 2/2
CONTINGENT SALES200357 T C 243 4-5-4-5-23-42 FS $525,000 Plantation At Princeville #1112 1,153 #1112 2/2206801 T C 78 4-5-4-5-7-48 FS $759,000 Princeville Sealodge #E10 633 #E-10 1/1
SALES152081 … (0 comments)

hawaii condos: I really do hate cockroaches..... - 04/23/08 06:18 PM

I really do hate cockroaches, centipedes too! If you saw my reaction to finding one of these critters in my condo, you'd of thought the world was coming to an end. My boyfriend watched with amusement the other day as I confronted a cockroach in the hallway, armed with a can of Raid designed to prevent this creature from taking even one more living step. He was eventually called to duty to dispose of the dead cockroach body because I don't even like getting close to them. There's just something about them, and centipedes too, that I truly don't like. For … (0 comments)

hawaii condos: March 08 Market Statistics - 04/22/08 07:30 AM

Aloha,
I wanted to get caught up with market statistics before May gets here. It's always interesting to see how we're doing this year as it compares to last year. Since I did not post the February Statistics, and the March Statistics are the most current, I'm posting the Febuary Statistics here 2008-february.pdf for those of you who like to review the numbers month by month.
As for the March numbers: Islandwide home sales are off by 18% compared to March 07 and are off by 37% year to date. The biggest decline for the month of March is in the Waimea … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 13th to 19th - 04/22/08 06:37 AM

Aloha,
I think I've finally caught up! Last week was exceptionally busy after coming back from being on Oahu from Wed, the 9th to Sunday the 13th. This week I'm back on track, even if the weather is so beautiful that it just begs for one to go to the beach - to swim, body surf, lay in the sun - for anything. Oh well. Even if I can't partake in all that Kauai has to offer it's still great just being in Paradise. On to your weekly condo update:
Copyright 4/20/2008 by Hawaii Information Service
NEW LISTINGS207502 T A 3 4-5-4-5-3-17 FS $399,000 … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of April 13th to 19th - 04/22/08 06:37 AM

hawaii condos: Princeville condo (and house) update for the week of April 6th to 12th - 04/15/08 03:23 PM

Aloha,
If you read my previous blog you know I just returned from Oahu where I attended a class geared towards obtaining my Certified Residential Specialist designation. All of the CRS classes I have taken are well worth the time and money, and this class was no exception. Let me get on with the update from last week:
Copyright 4/14/2008 by Hawaii Information Service
NEW LISTINGS209673 T A 6 4-5-4-5-3-4 FS $385,000 Princeville Paniolo #104 1,058 #104 1/2209599 T A 7 4-5-4-15-21-31 FS $475,000 Sandpiper Village I #131 1,042 #131 2/2209956 T A 3 4-5-4-11-3-42 FS $1,298,000 Hanalei Bay Resort #L38 1,324 #L38 2/2209676 … (0 comments)

hawaii condos: Fun facts and figures - 04/11/08 06:16 PM

If you've wondered what happenned to my blogging this week the answer is simple: I'm on Oahu taking a 2 day class geared towards earning my Certified Residential Specialist designation. Without going into a lot of detail, let me just say that the CRS designation is one held by only 4% of real estate agents globally. It's basically the equivalent of getting a PhD in real estate, as the number of classes and actual production required for the desigation is much more comprehensive than most other designations. Our instructor, Robert Morris is an active realtor, a Senior CRS instructor and holds … (2 comments)

hawaii condos: Princeville house update for the week of March 30th to April 6th - 04/06/08 10:17 AM

Aloha,
Here is your house update for this past week:
Copyright 4/6/2008 by Hawaii Information Service
NEW LISTINGS209485 SH A 2 4-5-4-15-3 FS $395,000 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5209478 RS A 5 4-5-4-16-40 FS $799,000 4130 Kekaulike Ln 10,500 sqft 1,625 3/2209601 RS A 2 4-5-4-23-55 FS $825,000 3781 Milimakani Pl 7,187 sqft 1,295 3/2208360 RS A 3 4-5-4-25-4 FS $4,200,000 5174 Hanalei Plantation 16,307 sqft 4,215 2/3
CONTINGENT SALES192103 RS C 398 4-5-4-24-5 FS $760,000 4200 Waileia Pl 9,639 sqft 1,928 3/2.5
SALES189932 RS S 393 4-5-4-18-17 FS $679,000 4725 Emmalani Dr 10,248 sqft 1,388 2/2SOLD 3/31/2008 for $620,000 (CNV) DOM … (0 comments)

hawaii condos: Princeville condo update for the week of March 30th to April 6th - 04/06/08 10:14 AM

Aloha,
Finally, this week there are a few new low listing prices along with some good price reductions, leading me to believe there are some motivated sellers still out there that are not clinging to the mantra of "I know this is a buyer's market...but"... (which is a topic for a later blog.) Here is your condo up date for this week:
Copyright 4/6/2008 by Hawaii Information Service
NEW LISTINGS209244 T A 6 4-5-3-6-22-63 FS $1,089,000 Kaiulani Of Princeville #63 1,901 #63 2/2.5209209 T A 6 4-5-4-15-21-32 FS $399,000 Sandpiper Village I #132 1,042 #132 2/2
BACK ON THE MARKET202473 T A 165 4-5-3-6-22-27 … (0 comments)

hawaii condos: Aloha Airlines Ends Passenger Service - 03/31/08 10:48 AM

Yesterday, Aloha Airlines announced that their last day of operations will be Monday, March 31, 2008. An announcement on their website states, "This is an incredibly dark day for Hawaii," said David A. Banmiller, Aloha's president and chief executive officer. "Despite the groundswell of support from the community and our elected officials, we simply ran out of time to find a qualified buyer or secure continued financing for our passenger business. We had no choice but to take this action.
We deeply regret the impact this will have on our dedicated employees who have made Aloha one of the best operating … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of March 23rd to 29th - 03/30/08 08:11 AM

Aloha,
We've had another week of spectacular weather just to my liking. Not too hot with bright blue skies. If you've been wondering about our temperatures during the winter months, this winter has been very mild. In the past, on occasion the temps have gone down into the low 60's at night. I can even recall a few times when it went as low as 59! This is not the norm and when it happens, you will find me in my seldom used sweatpants and sweatshirt. During the day the temps are in the high 70's to low 80's. Perfect for hinking, … (0 comments)

hawaii condos: And the buy of the day is.... - 03/27/08 02:25 PM

Sandpiper 216 just came on the market at $399! This is an upstairs interior unit which faces the courtyard and the pool. Although you do get a little bit of pool noise, the on-site management at Sandpiper is excellent and they do an great job of keeping things quiet after hours. This unit was previously listed for 545 days from 9/05 to 3/07, starting at $589K and gradually reducing to $489K over the life of the listing. Today's list price tells me this seller really wants to sell. Here are the other units on the market:
Copyright 3/27/2008 by Hawaii Information Service
209158 … (0 comments)

hawaii condos: Princeville condo (and house) update for the week of March 16th to 22nd - 03/24/08 07:42 AM

Happy Easter,
....and what a glorious day it is! To me, the perfect day is one with bright blue skies, a few puffy white clouds, and cooling trades- and that is just what we have today. The combination of warm sun and cool tradewinds keeps your body temperature just perfect. I hope all of you are enjoying your Easter Sunday in a similarily enjoyable fashion. Here is your weekly update:
Copyright 3/23/2008 by Hawaii Information Service
NEW LISTINGS208656 T A 3 4-5-4-5-39-7 LH $475,000 Cliffs At Princeville #1107 917 #1107 1/2208333 T A 5 4-5-4-5-30-6 FS $499,000 Princeville Mauna Kai #F6 1,400 ##5 3/2209061 … (0 comments)

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