Princeville, Hawaii - Condo Sales Statistics
The Princeville condo sales statistics show us that the market continues to improve. The median sales price of $372,500 for 2012 Princeville condo sales exceeds the median sales prices for 2011 and 2010. In 2012, the market surpassed the number of condo sales for the previous four (4) years of 2011, 2010, 2009 and 2008 with 100 Princeville condo sales.The charts below show the sales for Hanalei District. 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.There was just one sale at Hanalei Colony Resort in 2012.
The least expensive condo sold in Princeville in 2012 was an REO - Bank owned foreclosure. Princeville Paniolo #107 sold for $138,000.
Ten (10) of the Princeville condos sold in 2012 were bank owned (REO) properties. Currently there are no REO Bank owned condos on the market in Princeville.
There have been only four (4) condos sold at or above $1,000,000. Three (3) of those were Puu Poa condominiums (units 107, 404 & 405) and one (1) was a short sale - Ka'iulani of Princeville #30. All were cash sales. All had great ocean views.
The market is picking up. It was a busy holdiay season forr me at my Open Houses and several showings. If you are thinking about buying, don't wait any longer. Call me or email me with your interests.