Princeville Kauai condo / house update for Jun 19th to Jun 25th

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

Aloha from Princeville Kauai,

Condos, as usual, were fairly consistent this week, with 2 new listings, 3 new escrows and 3 sales. Take a look for yourself:

NEW LISTINGS

296374 CND A 2 $1,233,000 4-5-3-6-22-1 FS Kaiulani #1 2,843 #1 3/3.01
296922 CND A 1 $549,000 4-5-4-5-16-12 FS Alii Kai #2104 1,085 #2104 2/2.00

CONTINGENT SALES

292413 CND C 151 $1,345,000 4-5-3-6-22-4 FS Kaiulani #4 2,843 #4 3/3.01
294376 CND C 83 $369,000 4-5-4-5-17-14 FS Alii Kai #9F 1,037 #9F 2/2.00
294951 CND C 72 $379,000 4-5-4-15-21-1 FS Sandpiper #101 1,042 #101 2/2.00

SALES

289623 CND S 185 $1,149,000 4-5-3-6-22-55 FS Kaiulani #55 2,479 #55 3/3.00
SOLD 6/24/2016 for $1,100,000 (CASH, CNV) DOM 185

290945 CND S 125 $1,299,000 4-5-3-6-22-45 FS Kaiulani #45 2,443 #45 3/3.01
SOLD 6/20/2016 for $1,250,000 (CASH, PMM) DOM 125

288476 CND S 136 $320,000 4-5-4-5-18-79 FS Puamana #22A 1,298 #22A 2/2.00
SOLD 6/24/2016 for $318,000 (CNV) DOM 136

New Listings:

Kaiulani 1 is newly listed for $1.233M since selling for $1.195M from the developer in 3/13.

Alii Kai 2104 came on the market priced at $549K, after selling for $440K in 3/14.

Contingent:

Kaiulani 4 is in escrow priced at $1.345M after 145 market days. This is one of the last remaining developer units!

After 76 days, while priced at $369K, Alii Kai 9F went into escrow. It sold for $202,800 in 6/12.

Sandpiper 101 last sold for $106K in 9/03. It was priced at $379K when it went into escrow after 70 days on the market.

Sales:

Kaiulani 55, which was priced at $1.149M, sold for $1.1M. The seller paid $1.125M for this unit in 10/15.

Kaiulani 45 sold for $1.250M cash while priced at $1.299M after 125 market days. The prior sale was in 3/07 from the developer for $1,804,340.

Puamana 22A closed at $318K while listed for $320K. The last sale was for $185K in 3/02.

Now on to your Princeville Kauai single family home update, which did not fare was well as condos, with only 2 new listings and 1 sale:

NEW LISTINGS

296750 RES A 2 $679,000 4-5-4-8-23 FS 5070 Kamamalu Lp 11,067 sqft 1,755 3/3.01
297056 RES A 1 $895,000 4-5-4-24-13 FS 4254 Waileia Pl 9,572 sqft 1,627 3/3.00

BACK ON THE MARKET

296209 RES A 13 $1,350,000 4-5-4-18-11 FS 4183 Mahina Pl 12,636 sqft 2,100 3/3.00

SALES

286945 RES S 269 $899,000 4-5-4-18-18 FS 4160 Kalani Pl 12,371 sqft 2,251 #0 3/3.00
SOLD 6/22/2016 for $860,000 (CNV) DOM 269

New Listings:

5070 Kamamalu Loop sold for $850K in 5/08 and came on the market this week priced at $679K. It was listed previously from 3/11 to 8/11 starting at $849K and reducing to $829K.

Priced at $895K, 5254 Waileia Place was purchased in 8/02 for $500K. It was listed before from 7/14 to 2/15 for $888K.

Back on the Market:

After going into escrow last week, 4183 Mahina Place is unfortunately back on the market still priced at $1.350M. The seller paid $1.6M in 6/606 for this home

Sales:

4160 Kalani sold for $860K. The property was listed for $899k and has sold previously for $885K in 11/04.

That’s it for this week. What is surprising, and rare, is the absence of any price reductions. Maybe sellers think they have hit the “sweet spot!” We’re at 73 sales as of today Sunday – the goal is to meet or exceed the 104 sales from June 15. Will we make it?

Fourth of July weekend is coming up. If you’re looking for something extra special this 4th, may I suggest the 27th Annual Concert in the Sky at Vidinha Stadium on the 4th from 4PM to 9:30PM. Not only do you have a fabulous time but your entry fee goes towards helping Kauai Hospice, as this event is their major annual fundraiser. Details are here.

Enjoy your week, wherever you are. If you are ready to buy or sell your Kauai property, text or email me to get the facts first!

Aloha Elaine

Attachment-3
The Alhambra, Granada, Spain

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
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Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

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

Comments (3)

Esther Preston
Heartland Realty - Redmond, OR

Looks like a great market!  

Jun 26, 2016 06:36 AM
Elaine Schaefer
Sold on Kauai Realty - Princeville, HI
R, CRS, GRI, ABR, SFR

It's gaining some momentum!  Hope you have a great summer.

Jun 26, 2016 06:48 AM
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Home buyers looking for condos in Princeville Kauai should get in touch with you soon. Make it an awesome day!

Jun 30, 2016 01:24 AM