Princeville Kauai Real Estate update for July 7 to July 14

By
Managing Real Estate Broker with RE/MAX Kauai Princeville Resort Branch RB-18142

Aloha from Princeville Kauai!

This was one busy week. Condos outdid themselves as 6 new units hit the market while 5 others went into escrow. Houses were nowhere near as active, and really only managed to post a contingency. Here is your update:

NEW LISTINGS

619509 CND A 2 $570,000 4-5-4-5-18-94 FS PUAMANA #26A 1,214 sqft 2 2.00
618122 CND A 4 $597,000 4-5-4-12-10-41 FS EMMALANI COURT #524 1,192 sqft 2 2.00
619359 CND A 5 $599,000 4-5-4-5-23-53 FS PLANTATION #1411 1,153 sqft 2 2.00
618816 CND A 0 $629,000 4-5-4-5-30-3 FS MAUNA KAI #F3 1,280 sqft 2 2.00
618658 CND A 3 $650,000 4-5-4-12-10-6 FS EMMALANI COURT #214 1,192 sqft 2 2.00
619444 CND A 5 $915,000 4-5-4-12-3-14 FS HANALEI BAY VILLAS #14 1,244 sqft 2 2.01

Contingent Sales

615307 CND C 146 $699,000 4-5-3-11-1-7 FS VILLAS ON THE PRINCE #7 1,732 sqft 3 3.00
613757 CND C 170 $865,000 4-5-3-6-22-69 FS Kaiulani #69 1,892 sqft 2 2.01
218823 CND C 3488 $275,000 4-5-4-12-5-8 LH Pali Ke Kua #108 717 sqft 1 1.00
617002 CND C 94 $474,999 4-5-4-5-7-9 FS SEALODGE #B1 566 sqft 1 1.00
617718 CND C 60 $619,000 4-5-4-5-23-49 FS PLANTATION #1311 1,140 sqft 2 2.00

Sales

617909 CND S 0 $330,000 4-5-4-5-39-42 FS CLIFFS #2202 917 sqft 1 2.00
SOLD 7/5/2018 for $330,000 (CASH) DOM 0
606292 CND S 214 $459,000 4-5-4-5-4-20 FS Mauna Kai #10B 1,498 sqft 2 2.00
SOLD 7/13/2018 for $450,000 (CNV) DOM 214
617049 CND S 27 $619,000 4-5-4-5-39-107 FS CLIFFS #4303 1,137 sqft 2 2.00
SOLD 7/12/2018 for $600,000 (CASH, CNV) DOM 27
617112 CND S 24 $825,000 4-5-4-5-24-87 FS NIHILANI #29C 1,874 sqft 3 2.01
SOLD 7/13/2018 for $815,000 (CNV) DOM 24

Price Changes

618122 CND A 4 $597,000- 4-5-4-12-10-41 FS EMMALANI COURT #524 1,192 sqft 2 2.00
617002 CND C 94 $474,999- 4-5-4-5-7-9 FS SEALODGE #B1 566 sqft 1 1.00

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:

Puamana 26A is available for $570K. The unit sold for $328,500 in 6/13.

Emmalani Court 524 came on the market on 6/19 priced at $612K. It shows as a new listing because the agent changed brokerages. The seller purchased this condo for $510K in 10/16.

Priced at $599K, Plantation 1411 sold for $482,500 in 1/14. Mauna Kai F3, which is on the market for $629K, sold for $450K in 9/06.

Emmalani Court 214 is priced at $650K since selling in 12/17for $550K.

Hanalei Bay Villas 14 is priced at $915K. The previous sale was in 7/14 for $630K.

Contingent:

Villas on the Prince 7 returned to the market after going into escrow on 6/25. Priced at $699K, it sold previously for $625K in 6/03. It then went back into escrow the next day.

Kaiulani 69 found a buyer while priced at $865K. The condo sold from the developer in 6/08 for $830,380.

After 3488 days, lease hold Pali Ke Kua, with a price of $275K, went into escrow. It sold for $469K in 3/02.

Sealodge B1 is in escrow $280K in 10/15.while priced at $474,999. The seller paid $280K in 10/15.

Plantation 1311 went into escrow with a list price of $619K. The unit sold for $535K in 11/05.

Sales:

Cliffs 2202 came on the market showing as sold for $330K cash. The condo was purchased in 5/88 for $107K as a leasehold, converting to fee simple in 11/91 for $20,500.

Mauna Kai 10B was listed for $459K and sold for $450K. Thesale before this one was in 11/04 for $575K.

After 27 market days, Cliffs 4303 sold for $600K while listed for $619K. The prior sale was for $598K in 9/07.

Nihilani 29C sold for $815K while priced at $825K. The previous sale was in 2/09 for $565K.

Price Changes:

Emmalani Court 524 reduced to $597K from $612K. It sold in 10/16 for $510K. Sealodge B1 is now $474,999, down from $489K. It sold in 10/15 for $280K.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

619446 RES W 1 $870,000 4-5-4-16-78 FS 4111 KEKAULIKE LN 10,478 sqft 1,345 sqft 2 2.00

Contingent Sales

615970 RES C 121 $1,395,000 4-5-4-7-7 FS 3930 NAMAKEHA LP 10,127 sqft 1,772 sqft 3 2.01

Withdrawn

619446 RES W 1 $870,000 4-5-4-16-78 FS 4111 KEKAULIKE LN 10,478 sqft 1,345 sqft 2 2.00

Price Changes

618017 RES A 39 $795,000- 4-5-4-20-22 FS 5127 IOLANI PL 10,421 sqft 1,354 sqft 3 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:

4111 Kekaulike was listed for $870K for one day then it was withdrawn. . The seller bought this home in 3/06 for $770K.

Contingent:

3930 Namakeha Loop is in escrow after 116 days priced at $1.395M. The seller bought this home in 4/10 for $905K.

Withdrawn:

As noted above, 4111 Kekaulike came on the market and was immediately withdrawn.

Price Changes:

5127 Iolani Place is now $795K after a reduction from $840K. The seller obtained this home in 1/17 for $725K.

We closed out June with a total of 133 sales, which is a 7% increase over the 124 sale from last June. This month we are aiming at surpassing the 103 sales from last July. To date, there have been 43 closed transactions. We’re off to a good start. If you decide you’re ready to buy or sell your piece of paradise, let me put my experience to work for you.

Until next time, enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

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

Activerain.com/blogs/soldonkauai
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……Making your real estate dreams
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Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is good information for home buyers and sellers in your area. Thank you for sharing.

Jul 15, 2018 03:52 AM #1
Ambassador
1,481,198
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Excellent! Thank you for taking the time to prepare and share this information.  Buyers and seller need information like this to make informed decisions.  

Jul 15, 2018 07:06 AM #2
Rainmaker
653,871
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Sounds like a balanced market with this months condo activities in Princeville!

Such a beautiful island!!!!  Many fond memories of visiting!

Jul 15, 2018 07:24 AM #3
Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable information for home buyers and sellers in your part of Heaven on Earth, Elaine.

Jul 15, 2018 03:22 PM #4
Rainmaker
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Joyce Marsh, Daytona Beach Florida Real Estate
JOYCE MARSH REAL ESTATE LLC - Daytona Beach, FL
Daytona Beach Area Coastal Homes and Lifestyles

Your local reports and updates are very helpful for those looking to buy or sell real estate and are always filled with lots of valuable info. Thanks for the update. 

Jul 16, 2018 03:02 AM #5
Rainmaker
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Elaine Schaefer
RE/MAX Kauai Princeville Resort Branch - Princeville, HI
R, BIC, CRS, GRI, ABR, SFR

Have a wonderful summer market in Daytona Beach.  Hope to get to your neck of the woods one of these days.

Jul 16, 2018 06:46 PM #6
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Rainmaker
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Elaine Schaefer

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