Princeville, Kauai - Princeville Condos for sale - Princeville Sales Statistics- First Half 2012

By
Real Estate Agent with HomeSmart Island Homes RB 20260

Wow!  Princeville condo sales statistics show that the real estate market improved in the first half of 2012! Here are the sales statistics for the Hanalei District on Kauai for the first half of 2012. Hanalei District includes the North Shore of Kauai from Kilauea to Haena. Nearly all of the North Shore condos are located in Princeville.  The only condos on the North Shore outside of Princeville are those located at Hanalei Colony Resort in Haena.


The Median Sales Price for the first half of 2012 for Princeville condo sales increased 27% over the first half of the year in 2011.  And the number of sales increased from 33 in the first half of 2011 to 53 in the first half of 2012 - up 62%. Six (6) of the condos sold were Bank-owned foreclosures (REOs).  The least expensive Princeville condo sale was a Princeville Paniolo REO that sold for $138,000.  I bet we don't see a price like that again.  

There were eleven (11) Princeville condos that sold as short sales.  

The most expensive Princeville Condo Sale was Puu Poa 404.  The Buyer paid $1,356,000.  This was not a short sale or REO.  The Seller purchased the renovated condo in February 2010 for $900,000. It seems that there was a nice profit for that savvy Seller.  Currently there are three (3) condos at Puu Poa that are offered for sale priced from $1,100,000 to $1,200,000. 

Hanalei District Condo Sales Statistics

Hanalei District Condo Sales Statistics Number of Sales

Hanalei District Kauai Condo Median Sales Price

 If you have been dreaming of a Princeville condo, don't wait any longer.  The market has changed. 

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Carol L Skon, Realtor Broker, GRI, e-Pro  

HomeSmart Island Homes Kauai, Hawaii

Main office: 1888 Kalakaua Avenue Suite C312, Honolulu, HI 96815  

808.634.2945         www.carolskon.com    

Kauaihawaiirealestateblog.com

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