Princeville, Kauai -Condo Sales Statistics -Condo sales thru Sept 2013.
The Princeville Condo Sales Statistics reveal that the prices continued to rise year-to-date thru September 2013. The median sales price for a Princeville condo sold was $517,000 - up 38% from the full year median sales price for 2012. However, the number of sales for the first three quarters (68) is down slightly from the number of sale for the first three quarters of 2012 (75). It looks like that the full year 2013 number of sales of Princeville condos will be down from the 2012 full year number of 102. Currently there are 15 contingent (pending) condo sales in Princeville.
Kaiulani of Princeville tops off the list with 15 sales year-to-date and a median sale price of $1,025,000. Ka'iulani of Princeville Condo Sales Statistics show that #20 was the most expensive Princeville condo sale year so far this year with a sales price of $1,900,000. The attached home has fabulous views of the Pacific Ocean. The listing price on Kaiulani of Princeville #20 was $2,200,000. The Seller paid $1,985,000 in November 2007 and added furniture and furnishings.
Eight (8) condo sales year-to-date were short sales and only two (2) were REOs (Bank-owned Foreclosures). Last year (2012) the Princeville Condo Sales Statistics show that there were 19 short sales and 9 REOs sold in that same period.
As of today, October 9, 2013, there are 63 condos offered for sale in Princeville. Although the prices have risen, they are still a long way from the peak in 2008. And interest rates continue to be low. So, call me or email me if it is time for you to buy your Princeville condo.