Princeville Kauai condo / house update for May 22nd to May 28th

By
Real Estate Broker/Owner with Sold on Kauai Realty RB-18142

Aloha from Princeville Kauai,

It’s Memorial Weekend already! Hope you’re enjoying the extended weekend wherever you are. During this time, take a moment to reflect on the true meaning of this holiday and to remember the brave men and women who gave their lives while serving in the country’s armed forces to preserve and protect our precious freedom. Freedom is definitely not free.

As for real estate, there were three new escrows in both condos and houses. Here is your update:

NEW LISTINGS

295892 CND A 5 $509,000 4-5-4-5-18-21 FS Puamana #6B 1,298 #6B 2/2.00

CONTINGENT SALES

295582 CND C 16 $699,000 4-5-3-11-1-12 FS Villas On The Prince #12 1,732 #12 3/3.00
288023 CND C 257 $659,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00
295916 CND C 11 $674,950 4-5-4-5-24-24 FS Nihilani #8C 1,874 #8C 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Puamana 6B is newly listed for $542K since selling for $413,500 in 9/05. It was listed before from 2/07 to 4/10, starting at $595K and reducing to $539K.

Contingent:

Villas on the Prince 12 only took 11 days to find a buyer while priced at $699K. The last sale was for $650K in 3/04. Alii Kai 3102, which is listed for $659K, went into escrow after 257 days. The seller bought this unit for $940K in 9/06. Nihilani 8C was purchased for $600K in 3/09 and went into escrow in only 6 days priced at $674,950.

That’s it for Princeville Kauai condos! –No price changes for a change. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

293110 RES A 1 $745,000 4-5-4-20-22 FS 5127 Iolani Pl 10,421 sqft 1,354 2/2.00
296136 RES A 1 $775,000 4-5-4-23-70 FS 3788 MaPuana Pl 7,022 sqft 1,270 3/2.00

CONTINGENT SALES

293732 RES C 79 $639,000 4-5-4-23-29 FS 3814 Makani Kai Pl 6,641 sqft 1,098 2/2.00
295186 RES C 26 $679,000 4-5-4-23-55 FS 3781 Milimakani Pl 7,187 sqft 1,295 3/2.00
291851 RES C 130 $998,000 4-5-4-21-11 FS 3856 Kaweonui Rd 10,796 sqft 2,442 3/2.01

SALES

291847 RES S 97 $1,199,000 4-5-3-12-36 FS 4020 Aloalii Dr 9,161 sqft 2,702 3/3.00
SOLD 5/26/2016 for $1,190,000 (CASH) DOM 97

WITHDRAWN

286968 RES W 288 $988,000 4-5-4-14-26 FS 3925 Kamehameha Rd 20,093 sqft 3,925 4/3.01

PRICE CHANGES

281849 RES A 442 $699,999- 4-5-4-16-79 FS 4105 Kekaulike Ln 10,408 sqft 1,735 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

5127 Iolani Place is now listed for $775K. The prior sale was for $810K in 2/07.

3788 Mapuana Place is newly listed for $775K. The seller bought this home for $608K in 3/13.
.
Contingent:

3814 Makani Kai, priced at $639K is in escrow after 75 days. The seller bought this home for $750K in 7/07. Also going into escrow is 3781 Milimakani Place priced at $679K. The last sale was in 7/10 for $550K.

3856 Kaweonui sold for $675K in 3/11 and went into escrow while priced at $998K.

Sales:

Listed for $1.199M, 4020 Aloalii sold for $1.190M cash. The last sale was for $1.250M in 12/153.

Withdrawn:

Priced at $988K, 3925 Kamehameha was withdrawn after 288 market days. The prior purchase was in 7/05 for $1.585M.

Price Changes:

4105 Kekukalike reduced $759,500 to $699,999. The sellers bought this home for $707,500 in 6/07.

That’s it for this week. As of today, Sunday, we’re off about 25% with only 77 sales compared to 102 for last May. Who knows, maybe it will be an explosive week with closings. Enjoy your Memorial Day.

Aloha from Princeville Kauai,

Elaine

IMG_486178842

IMG_486178855
Brightly colored Plumeria!

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Comments (2)

Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Thank you for sharing the market report from paradise. Enjoy your weekend and take a moment to remember the true HEROES who have given their time and some the ultimate sacrifice to keep our country safe and free.

 

May 29, 2016 04:46 AM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Elaine Schaefer Thank you for taking the time to prepare and share this report.  Well done! The information you shared is perfect for buyers and sellers alike.  Very informative!

May 29, 2016 11:32 PM