Princeville, Kauai - Condo Sales Statistics- Princeville Condos for Sale 2013-Princeville Condos Sales Statistics
As I predicted ealier this year, the number of Princeville condo sales in 2013 was down 20% from the number sold in 2012. But prices were up 30%. The median sales price for a Princeville condo was $487,000 - up from the median sales price of $373,750 in 2012 but a long way from the peak in 2008.
The least expensive condo for sale sold for $180,000 Cash. It was a short sale of Sandpiper Village #108. It is a 2 bedroom/2 bath condo of 1042 sq ft. The Sellers paid $485,000 for the property in June 2005 so the sales price was 37% of the previous sale! WOW! There were 4 Sandpiper Village condos that sold in 2013 - all of them were short sales.
The most expensive Princeville condo for sale was Ka'iulani of Princeville #20 that sold for $1,900,000 in Sept 2013 and was fully furnished with designer furnishings. Ka'iualani of Princeville #20 was purchased by the Seller from the Developer in November 2007 for $1,985,000 and then the Seller furnished the 2864 sq ft 3 bedroom/3.5 bath attached home. The property has been off and on the market since 2008 when it was listed for $2,650,000. I wonder what concessions were made on this sale as the market comps certainly did not support the sales price. Or was it just a Buyer who fell in love with the views and just had to have it! There were 16 properties sold at Kaiulani of Princeville in 2013. If you are interested in owning one of these beautiful attached homes, contact me or visit my website to view Ka'iulani of Princeville #29 : www.carolskon.com/4100-Queen-Emma-Drive-Apt-29
For more information on Princeville condos or homes, contact me.