kauai condos: Kauai 2011 April Market Statistics - 05/04/11 03:25 PM
Aloha,
Well, this April didn't quite outperform last year's April, as we were hoping, coming in with only 54 sales compared to 66 for Apr 10 for an 18% decrease. Booo! I seriously doubt we'll see that happening again as I'm seeing more and more properties going into escrow, especially short sales and foreclosures.
Of the 54 sales, 27 were single family, 7 land, 1 commercial and 19 condos. Take a look at what sold for condos:
Copyright 5/3/2011 by Hawaii Information ServiceLocation Sold Date Price Sold PriceKauai Beach Resort #2427 4/5/2011 $25,000 $22,500Kauai Beach Resort #1223 4/11/2011 $32,500 $35,000Kauai Beach … (2 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Apr 24th to Apr 30th - 05/01/11 12:38 PM
Aloha,
April 2011 ending up falling short of April 2010 sales, with only 54 posted compared to 66 in April 2010. There still may be a few more sales recordings over the next few days so we'll see how things end up. Here is your update for this past week:
Copyright 5/1/2011 by Hawaii Information Service
NEW LISTINGS243816 CND AT CPR A 4 4-5-4-15-21-44 FS $270,000 Sandpiper Village I #207 1,173 #207 2/2.01244839 CND DT CPR A 4 4-5-4-5-39-96 FS $349,000 Cliffs At Princeville #4202 917 #4202 1/2.00
CONTINGENT SALES238674 CND AT CPR C 226 4-5-3-6-22-43 FS $1,350,000 Kaiulani Of Princeville … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Mar 13th to Mar 19th - 03/20/11 08:39 AM
Aloha,
In March 2010 we had 60 sales. So far this year, per the MLS statistics, there have been 42 sales, 15 of which were condos. Do you think we'll surpass last year's number? Take a look at the update and see what you think.
Copyright 3/20/2011 by Hawaii Information Service
NEW LISTINGS243730 CND AT CPR A 3 4-5-3-6-22-48 FS $1,150,000 Kaiulani Of Princeville #48 2,479 #48 3/3.00234084 CND AT CPR A 2 4-5-3-6-22-5 FS $1,575,000 Kaiulani Of Princeville #5 2,843 #5 3/3.01243654 CND AT CPR A 5 4-5-4-5-12-1 FS $319,000 Sealodge Ii #F1 556 1/1.00243597 CND AT CPR A 5 … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Mar 6th to Mar 12th - 03/13/11 02:46 PM
Aloha,
As I'm sure you know, there was a tsunami warning on Kauai this week, which fortunately turned out to be a ‘non-event' here in Princeville. Unfortunately, the Big Island and Maui did not fare as well - but really it is clearly Japan that needs all our prayers and attention in the aftermatch of their disaster.
Princeville is considered "high ground" - we went out on the bluff about 3 AM, armed with a powerful spotlight, and watched the water for about 15 minutes, finally concluding that we were in no danger. All we lost was some sleep as we … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Feb 20th to Feb 26th - 02/27/11 07:24 AM
Aloha,
I'm back home in sunny Kauai - Scottsdale did eventually warm up but I could still feel the 40 degree chill in my bones long after. Tropical living spoils you for anything much below 60 degrees!
Today is what I would call a "brochure day." I first heard this term while vacationing in Australia many years ago. I didn't understand what the guide meant the first time he said it, as it sounded more like "broach' - sha" when said with his Austrailian accent, but it is applied to days so stunningly beautiful they are certainly fit for the front … (2 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Jan 9th to Jan 15th - 01/16/11 09:24 AM
Aloha,
We've had some beautiful weather the last few days-the kind of weather that makes you want to pack up and move here immediately if you don't already live here. And for those of us that do, we just soak it all in and say to ourselves "lucky we live Kauai." Now on to your weekly update:
Copyright 1/16/2011 by Hawaii Information Service
NEW LISTINGS242008 CND AT CPR A 3 4-5-4-5-18-89 FS $295,000 Puamana #24D 1,500 #24D 2/2.00241801 CND AT CPR A 6 4-5-4-5-24-94 FS $449,000 Nihilani At Princeville Resort #32A 1,857 #32A 3/2.01241959 CND AT CPR A 2 4-5-4-5-17-8 FS … (1 comments)

kauai condos: Kauai, Hawaii 2010 December Market Statistics - 01/04/11 11:00 AM
Aloha,
Hau'ole Makahiki Hou. 2010 didn't materialize like many of us would have preferred but the month of December did see a 30% increase in sales over Dec 09 - going from 60 to 78 sales. Of the 78 sales that took place in Dec 10, 46 were residential, 10 land, with 22 condos sold. Year to date is a hearty 43% over last year, with 720 sales this year compared to 504 last year. Should I be so bold as to say the market is picking up? I think so...
For Year to date 2008 there were a mere 588 … (0 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Dec 26th to Jan 1st - 01/02/11 10:00 AM
Aloha,
Hau'ole Makahiki Hou. 2010 was a difficult year for many, what with all the foreclosures, short sales and long, drawn out transactions. We all hoping for a better market in 2011 - one that brings smiles to the faces of buyers, sellers and agents. Here is your update for the week just past:
Copyright 1/2/2011 by Hawaii Information Service
NEW LISTINGS241602 CND AT CPR A 2 4-5-4-5-24-84 FS $499,000 Nihilani At Princeville Resort #28C 1,972 #28C 2/3.00241464 CND AT CPR A 6 4-5-4-12-9-20 FS $599,000 Pali Ke Kua Iii #143 1,100 #143 2/1.01
BACK ON THE MARKET233833 CND AT CPR … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Dec 19th to Dec 25th - 12/26/10 06:24 AM
Aloha,
I hope everyone had a very Mele Kalikimaka! We certainly enjoyed our time down in Puhi and actually went shopping Christmas eve just because we were so darn close, we could easily do so. I might even run over to Macy's for their "after Christmas" specials before heading North this afternoon. As far as real estate goes, there were quite a few showings and I see that a few properties went into escrow but overall - it was pretty quiet with few status changes. Here is your update:
Copyright 12/26/2010 by Hawaii Information Service
NEW LISTINGS241469 CND DT CPR A … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Dec 12th to Dec 18th - 12/19/10 09:07 AM
Aloha,
Happy Holidays - or is that Holidaze!? We're down in Puhi this week "cat sitting" for friends while they embark on an adventure to Australia for their Christmas present. While I always miss the North Shore "green" and "ocean vistas" after about a week or so in "town," I am thoroughly enjoying - once again - the location here at the Villas of Puali.
I've seen several North Shore friends in stores the last few days and I can only say that I recognize that "I just drove an hour to get here and now I'm too tired to shop" … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Dec 5th to Dec 11th - 12/12/10 03:51 AM
Aloha,
We have several units returning as new listings but only one that went into escrow. Here is your update for this week:
Copyright 12/11/2010 by Hawaii Information Service
NEW LISTINGS241073 CND AT CPR A 2 4-5-3-6-22-40 FS $1,595,000 Kaiulani Of Princeville #40 2,430 #40 3/3.01240516 CND AT CPR A 0 4-5-4-5-16-3 FS $298,000 Alii Kai At Hanalei #1103 1,085 #1103 2/2.00241100 CND AT CPR A 1 4-5-4-5-16-52 FS $399,900 Alii Kai At Hanalei #7101 886 #7101 2/2.00240871 CND AT CPR A 3 4-5-4-15-21-55 FS $299,000 Sandpiper Village I #218 1,173 #218 2/2.01241116 CND AT CPR A 1 4-5-4-5-39-198 FS $691,000 … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Nov 28th to Dec 4th - 12/05/10 10:46 AM
Aloha,
We're seeing more people coming back to the Island as we head into the holidays. This week 10 condos came on the market Island wide and 6 came back on the market. On the negative side, 3 sold, 3 went into escrow, 2 expired, 4 were withdrawn and 1 was temporarily withdrawn for a gain of 3 additional units. As for houses, there was a lot of activity, with 17 new listings and 9 that came back on the market. The activity, however, was on the other side with 9 going into escrow, 16 sold, 6 moved to under contract … (0 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Nov 21st to Nov 27th - 11/28/10 03:48 PM
Aloha,
Happy Thanksgiving to all. I hope everyone enjoyed the day with friends, family and plenty of good food. Although it was a relatively quiet week, we still had 16 new residential listings Island wide, with 6 that came back on the market for a total of 22. At the same time, 8 homes went into escrow, 9 sold, 2 went under contract and 4 were withdrawn for a net loss of 1. Of the homes that closed this week was one that was auctioned off on Oct 14th. Listed for $8.372M, which was down from the original price of $8.4M, … (3 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Nov 7th to Nov 13th - 11/14/10 04:38 PM
Princeville condo (and house) + short sale update for the week of Nov 7th to Nov 13th
Aloha,
Andy Irons' paddle out memorial was today. I understand in excess of anywhere from 4,000 to 10,000 people were expected at the memorial. I'm not a surfer but that doesn't lessen the impact of Andy's untimely death. It serves as a sad reminder how precious and fleeting our time on earth is and how much we should value the time we have with our loved ones and friends. May God bless the Irons' Ohana.
As for real estate, there were 10 new residential … (0 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Oct 31st to Nov 6th - 11/07/10 06:38 AM
Aloha,
It was a busy week for condos with 13 new listings Islandwide and 8 which came back on the market. On the other side of the balance scale, 4 went into escrow, 7 sold, 6 expired and 5 were withdrawn leaving us with almost a break even situation - As of today there are 426 active condo listings with 203 sales year to date. Here is your Princeville condo update for this past week:
Copyright 11/7/2010 by Hawaii Information Service
NEW LISTINGS238210 CND AT CPR A 2 4-5-4-5-17-13 FS $288,888 Alii Kai Ii Hanalei #9E 1,037 #9E 2/2.00240062 CND AT … (0 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Oct 17th to Oct 23rd - 10/24/10 10:30 AM
Aloha,
It was a busy week with 5 new condo listings Islandwide, 2 came back on the market, there were 5 sales, 2 units went under contract and 9 were withdrawn. Residential had 15 new listings Islandwide, 4 came back on the market, 12 went into escrow, there were 7 sales and 4 properties were withdrawn. Good to see some sales. Seems there are a few buyers that are realizing the golden opportunity and are taking advantage of it. Here is your update for Princeville:
Copyright 10/24/2010 by Hawaii Information Service
NEW LISTINGS239707 CND AT CPR A 3 4-5-4-5-18-14 FS $279,000 … (0 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Oct 10th to 16th - 10/17/10 05:34 PM
Aloha,
This week, Island wide - there were 10 new condo listings, 9 came back on the market while only 6 went into escrow and 4 sold. As of today, there are 442 active condo listings with 7 condo sales for the month. Now on to your weekly update:
Copyright 10/17/2010 by Hawaii Information Service
NEW LISTINGS239545 CND AT CPR A 3 4-5-4-12-2-35 FS $295,000 Hale Moi #215 1,033 #215 1/2.00238211 CND AT CPR A 5 4-5-4-5-39-55 FS $339,000 Cliffs At Princeville #2305 1,137 #2305 2/2.00
BACK ON THE MARKET229667 CND AT CPR A 284 4-5-4-5-3-18 FS $285,000 Princeville Paniolo #203 … (2 comments)

kauai condos: Princeville Kauai condo (and house) + short sale update for the week of Oct 3rd to 9th - 10/10/10 10:57 AM
Aloha,
It seems everyone was busy this week with showings, but it hasn't yet translated into properties going into escrow- yet. Island wide, only 4 condos went into escrow: one Wailua Bay View short sale priced at $270K, a Plantation Hale at $139K, an Islander for $165K and Kauai Kalani condo complex for $7.5M which is probably the best buy of all. As for sales, there were two - a Lai Nani short sale which was listed for $299K and sold for $300K after having been purchased in 6/05 for $618,750 and an ocean view Waipouli Beach Resort which was listed … (2 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Sep 26th to Oct 2nd - 10/04/10 04:43 PM
Aloha,
As in the past 8 months, September just flew by with a total of 49 sales for the month, up from 40 in Sep 2009. Year to date we have a substantial increase with 346 sales as of this time last year compared to 519 at close of Sep 2010. October is off to a relatively slow start with just one new listing (which is good - we have plenty of listings - just need more sales) however, no units went into escrow and there was only one sale. Here is your update:
Copyright 10/3/2010 by Hawaii Information Service
NEW … (2 comments)

kauai condos: Princeville condo (and house) + short sale update for the week of Sep 19th to 25th - 09/26/10 10:49 AM
Aloha,
Someone recently asked me about the rate of sales to amount of inventory, otherwise known as the absorption rate. For quite awhile now, the absorption rate for Princeville has been about 2 years. For example, right now in Princeville there are 123 condos listed for sale. This does not include fractional offerings. From 1/1/2010 to 6/30/2010 there have been 34 sales or 5.67 sales per month, which means it will take 22 months to deplete the current inventory. However, at present, there are 19 condos in escrow, all but five of which are a short sale, one of which is … (0 comments)

 
Elaine Schaefer, R, CRS, GRI, ABR, SFR (Sold on Kauai Realty) Rainmaker large

Elaine Schaefer

R, CRS, GRI, ABR, SFR

Princeville, HI

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Sold on Kauai Realty

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