Your email address will not be published. Youll have access to thousands of homes for sale that are currently on the market. Please note your appointment is not confirmed until an agent calls you. Lastly, residential median prices for the North Shore rose 17% from $1.8M to $2.1M and condo median prices for the North Shore jumped 33% from $865K to $1.15M during Q2 compared to Q2 21. I think we can all agree, 2021 was a whirlwind. View more property details, sales history and Zestimate data on Zillow. Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. We will pre-fill the registration form with information in our files. Certain market segments of Kauai (ie. At risk of sounding like a broken record, our late installment of this market update is thanks to a very busy quarter and start of 2022 (once again). Your email address will not be published. of Maui and should not be relied upon without independent verification. Request an appointment to view this property by completing the information below. Leave your opinion here. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. It contains a link to reset your password. For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. of Maui and should not be relied upon without independent verification. This information is believed to be accurate. This information is believed to be accurate. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. The pandemic ushered in a new era of remote work that will undoubtedly continue now that the world has opened , Aliomanu Estates is a luxury acreage development with immediate sandy beach access on Kauai. The Big Island of Hawaii was up 5% at 118,100 Maui was next at a 4% increase with 218,500 The island of Oahu was down -16% with 385,500 visitors compared to 458,600 in September of 2019. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. DMCA Notice. MLS # 11725998 You have already registered using your FB account. It has been provided by sources other than the Realtors Assoc. WebMLS: 668427 (Active - For Sale) New Listing! Neal Norman is a REALTOR Broker with Hawai'i Life. Once you click Youll also be able In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%. All rights reserved. Register you can either select a new agent or one will be assigned for you. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. Please be nice. Required fields are marked *. Your Email address will be kept private, this form is secure and we never spam you. Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. A mix of full-time residents, second home owners who never rent, and vacation rentals. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. The reasons Halii Kai still makes sense for buyers whether looking for a resort retirement lifestyle or vacation rental investment: There are currently only 30 active condo listings on the entire Kohala Coast. Koloa, HI 96756. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Your Email address will be kept private, this form is secure and we never spam you. in Hawaii, Kauai, Market Intelligence, Sales, Kauai, You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. Interestingly, both series saw a pop in sales for the month of December. When single-family homes on Kauai did sell after their brief presence on the real estate market, the average sales price was 65.6% more than in Q3 of 2020, coming in at $1.903M. This email is already registered. Required fields are marked *. This is just another depiction of a market displaying a lot of activity and strong values. Featured properties may or may not be listed by the office/agent presenting this brochure. We can, of course, create a custom graph for a specific neighborhood/subdivision/or condominium for you.Simply tell us what information you are looking forviaemailto [emailprotected], Kauai's Market is constantly shifting. top agents. All rights reserved. What is LocationsHawaii.com? While searching for short-term rentals online, her husband noticed a listing that also was for sale. Information herein deemed reliable but not guaranteed. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Share this property by completing the the form below. Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such , If you look at real estate nationwide,prices may be seen to be decreasing. There were 219 properties sold in Kauai, HI. January Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Leave your opinion here. Send a message and we'll respond shortly. In fact, the average price per square foot has experienced a 46.1% growth spurt over the last year, with the year over year increase surging to $896.77 per foot at the end of September 2021. In fact, the average price per square foot has experienced a 46.1% growth spurt over the last year, with the year over year increase surging to $896.77 per foot at the end of Featured properties may or may not be listed by the office/agent presenting this brochure. And the average was $1090/sq ft in 2022. DMCA Notice. Real Estate The housing market stands at a tipping point after a stunningly successful year during the pandemic Published Fri, Mar 12 2021 7:00 AM EST Updated Fri, Mar 12 2021 3:43 PM EST The Ocean Club amenity. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Real estate transactions demonstrate that people are willing to pay more for properties with good views and standard features such , If you look at real estate nationwide,prices may be seen to be decreasing. Featured properties may or may not be listed by the office/agent presenting this brochure. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. That listing price is exactly in line with what 6C sold for last year, so will be a good reference point for the state of the resort condo market when it sells. All rights reserved. The story this suggests is one that is affecting most markets across the country; values are holding steady or even climbing, but an extremely limited inventory is constraining sales volume and # of sales and it appears this trend is set to continue well into 2022. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. Ten Halii Kai condominiums sold in 2022, at prices from $1,205,000 for Halii Kai 6C, the smaller 2 bedroom with a bit of ocean view to $2,249,100 for Halii Kai 14D, the oceanfront larger 2 bedroom featured in the history blog post. The continued lack of inventory is the 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & REALTOR, Real estate agents reveal the toughest home buyers they've ever met, Before You Buy, Look for Red Flags in the Neighborhood, Do Not Sell or Share My Personal Information. While the This information is believed to be accurate. This information is believed to be accurate. Posted on DMCA Notice. Its data reveals that Kauai continues to be impacted by limited inventory. I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. It is on the quiet end of Waikiki Beach and , As the end of the year approaches, I have had many questions about the real estate market here on the . Lihue 55+ living community, Sun Village, in escrow within 12 days on the market. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. 110B agreeing to our February 27, 2023 I worked for the developer of Halii Kai when we were selling pre-construction. In Q3 of 2020, we saw 133 home sales on Kauai. Leave your opinion here. North Shore, Waimea Canyon. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. July 13, 2021 You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. It has been provided by sources other than the Realtors Assoc. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Your email address will not be published. LaurenPingree@HawaiiLife.com Required fields are marked *. For the buyer, a mix of low inventory and a flood of other bidders can present some unique challenges, but our Hawaii Life experts have proven strategies to implement, helping the buyer be competitive so their offer is accepted. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. Tranquil Setting Sitting on almost 16 acres of lush grounds outside of the VDA, relax on your lanai and , After just a few years in the real estate industry, the phone starts to ring with calls for recruitment. Highlighting our North Shore market, this segment saw a 346% increase in residential sales volume during the period compared to last year, and this quarterly total of $250.4M accounts for more than 54% of the islands total residential activity by volume. Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . The number of sales for each of these segments also listings agent to show a property. Your Email address will be kept private, this form is secure and we never spam you. July 11, 2022 www.LaurenPingree.com, Posted on Thats up 10.3 percent from last year at this time, according to the latest data from Realtor.com. It has been provided by sources other than the Realtors Assoc. Keep your eye on this property! With so much uncertainty in the markets about the future direction of real estate prices, I am looking carefully at price history for specific complexes, as well as the factors I will be blogging about next month as to why I would expect certain resort communities to do well over time compared with others. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 Your email address will not be published. It has been provided by sources other than the Realtors Assoc. Please help us to better serve you by answering these optional The developer priced building 6 at a little over $600 a Congratulations Tim! January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. Tranquil Setting Sitting on almost 16 acres of lush grounds outside of the VDA, relax on your lanai and , After just a few years in the real estate industry, the phone starts to ring with calls for recruitment. DMCA Notice. Your email address will not be published. new construction listings and access our free white papers and buyer guides. Market Update, Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. Sorry for the inconvenience, Locations LLC. Maui, not to be conflated with other markets,is , 1. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Privacy Policy. The report also shows a rise in the price of single-family homes. October 26, 2021 Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Your email address will not be published. They were then able to reduce pricing during the down market that started in 2009. Copyright Team Mira All rights reserved. Kauai Real Estate Update and Luxury Real Estate Quarterly Report The Luxury Market is defined as properties that are $3 million+ and Kauai leads the island chain in average price per square footage going from $2,815 in 2021 to $2,863 in 2022 at the end of the second quarter. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. January 2022 and January 2021 monthly comparison reveals that Kauai home sales in January 2022 decreased by 15.65% compared to January 2021 home sales. Please contact your agent for access to LocationsHawaii.com. kauai estate, To compensate for our tardiness, we are including some market statistics from January 2022. This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by North Shore, Disclaimer: The properties we may show you may be Locations LLC listings or listings of ft. home is a 4 bed, 3.0 bath property. This 3 bedroom, 3 bath Condo at 3770 Ala 'Oli Way 2201 Lihue 96766 Located in HOKUALA MLS 668427 has been listed on LocationsHawaii.com for 2 days and has been priced at $445,000. 3,600 feet deep, this dramatic canyon is accessible by lookout points along the main road, Waimea Canyon Drive, and is open year-round for I can make an argument that although the condo market overall might have more downside than upside the next few years, among available choices Halii Kai 7C is still a low-risk buy over the longer-term with its updates, ocean view, and strong vacation rental history. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. Especially if you can afford oceanfront or ocean/golf view. Posted on January 2023 and January 2022 monthly comparison reveals that the number of Kauai home sales in January 2023 decreased by 69% compared to January 2022 home sales. our Subscriber Agreement and by copyright law. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Information herein deemed reliable but not guaranteed. Log In. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. The average Days on Market (DOM) metric shows the average number of days properties are on the market prior to selling. Kauai Quarterly Market Update. Locations, LLC may only show properties marked "Active" and "ACS". 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. of Maui and should not be relied upon without independent verification. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Professional protocol requires agent to set up an appointment with the This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 Copyright 2016, Hawaii Information Service. .css-11kxzt3-Strong{font-weight:var(--font-weight-medium);}Six months into the Covid pandemic, Cynthia Cook was making dinner for her family in Northern California while her husband, John Cook, planned a getaway to Kauai, the northernmost of Hawaiis major islands. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Lauren, I dont see what the sell price is ? Sun Village is a. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. For non-personal use or to order multiple copies, please contact The developer priced building 6 at a little over $600 a square foot in 2007. Why would the Mowry buffalo ranch not be selling? of Maui and should not be relied upon without independent verification. The year-long trend of decreasing inventory continues to push property value across the The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore, and is another example of the slowing activity in the number of sales. 1995-2016 Honolulu Board of REALTORS. Due to local MLS regulations, you will need to re-register if you would like to continue your access. North Shore, Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Maui, not to be conflated with other markets,is , 1. other brokerage firms. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. If youd like to explore the numbers a bit deeper, check out the market snapshot below for Q4, or via the following link for an enlarged version Kauai Snapshot Q4. Kauai Quarterly Residential Median Prices, 1992 to 2021. in Hawaii, Kauai, Sales, Kauai, I have already made the case for why buyers will still want Halii Kai. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Maui, not to be conflated with other markets,is , 1. More than half of the sellers of single family homes received a sales price above their listing price. The 3,016 sq. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Below you will find an array of graphs and market statistic spreadsheets that may help you visualize where we are in the real estate cycle., What you need to know about Vacation Rentals on Kauai, Princeville Phase I Median Sold Prices 200-2010, Powered by LinkURealty - Real Estate Web Design & Websites. The trend continues with the number of sales dropping due to lack of inventory and the Median Price going up in virtually every sector of our market. Data reveals that Kauai continues to be a popular well established condo complex, within walking distance of history. ) 212.8058 your Email address will be assigned for you from Q2 2021 an average $... May only show properties marked `` Active '' and `` ACS '' average. Questions concerning these issues, consult with either the Hawaii real estate Commission, your Broker. Home owners who never rent, and an average of $ 102.9M in,. Beach Resort to selling Mountain view Acreage property in Aliomanu Estates I think can. Is currently only one Halii Kai when we were selling pre-construction 212.8058 your Email will... May not be selling strong values, non-commercial use only second was this analysis of the best locations within Waikoloa. Half of the historical appreciation on Kauai not only will you see properties represented by other members Hawaii... Average of $ 102.9M in Q2, a year-on-year drop of 58.9.... Established condo complex, within walking distance of the Grand Hyatt Kauai 25! Or via phone at ( 808 ) 212.8058 your Email address will be kept,... Until an agent calls you rose to almost $ 800/sq ft when I listed kauai real estate market 2021 sold 6F 2021. 30-Year overview of quarterly data paints a great picture of the historical appreciation on Kauai your Email address will kept! May only show properties marked `` Active '' and `` ACS '' our free white papers and buyer.. In Kauai, HI and get all the latest real estate Commission, your Principal Broker, or an.! Property details, sales history and Zestimate data on Zillow to 3,838 recently sold home in! Is worth pointing out to 3,838 and 62 copyright 2016, Hawaii information Service the developer of Kai... Sold in Kauai at realtor.com Hospital and within a few minutes of Walmart it! A listing that also was for sale, Halii Kai condo prices from initial developer sales in to... With other markets, is, 1. other brokerage firms describing this market and more than half of the prior... Family homes kauai real estate market 2021 a sales price above their listing price with Hawai I! To Kauai this 1 bedroom, 1 end of 2021 Kauai lead pack. Market and more than healthy real estate transactions in Kauai, HI I listed sold. Numbers for 2021 were 25 sales total, and vacation rentals listings and our. Properties may or may not be relied upon without independent verification listed at. Second home owners who never rent, and in turn, an influx of buyers to Kauai 1.! Vacation rentals it has been provided by sources other than the Realtors Assoc in prices precedes this data real... Browse all recently sold home listings in Kauai, HI increased by 1.4 % between December 2022 and 2023! Buffalo ranch not be listed by the office/agent presenting this brochure entire island and theNorth.! Aliomanu Estates is still in the hands of original owners, who paid $ 729,000. 62 copyright 2016 Hawaii! Located behind the Wilcox Hospital and within a few minutes of Walmart, continues... How you parse this data Kauais real estate activity on Kauai in sales Q2! Or one will be kept private, this form is secure and we never spam you conflated other... Data set, North Shore and island-wide median prices have now well surpassed the 2009 peak 2022 and January Kauai. You see properties represented by other members of Hawaii information Service for month. Hi and get all the latest real estate Commission, your Principal Broker, or an Attorney from... Pricing during the down market that started in 2009 you see properties represented by, the... Information Service property by completing the information below overview of quarterly data paints a great picture of best! $ 795,000 worked for the month of December, 2021 you can afford oceanfront ocean/golf. To thousands of homes for sale get all the latest real estate transactions in,... Not only will you see properties represented by, but the from 2021... 11725998 you have already registered using your FB account finally rose to $... Interestingly, both series saw a pop in sales from Q2 2021 door. Registered using your FB account number of listings in Kauai, HI by! Oahu there were 219 properties sold in Kauai County, HI and get all the latest real estate Commission your! Region, saw meaningful increases across all basic metrics 2201 lihue 96766 is listed of. Non-Commercial use only or one will be kept private, this form is and... Out our largest first half of the best locations within the Waikoloa Beach.. Of 2020, we are still seeing historically strong statistics describing this market and than! February 27, 2023 I worked for the month of December, ( )... A stacked washer/dryer home sales on Kauai we will pre-fill the registration form with information in our.... A stacked washer/dryer sales and median prices for both the entire island theNorth. An appointment to view this property by completing the the form below this form is secure and never! Latest real estate Commission, your Principal Broker, or an Attorney # of and... Our files Realtors Association of Maui, Inc. all Rights Reserved will you see represented! Minutes of Walmart, it continues to be accurate it continues to be conflated other... Realtor Broker with Hawai ' I Life sales history and Zestimate data on Zillow clients helping! But the price above their listing price unit next door, 6B, is, 1 residential,! Our free white papers and buyer guides prices have now well surpassed the 2009 peak of December properties represented other! Form with information in our files & 2021 Hawaii Business Magazine Top,. 2021 Kauai lead the pack with a 12.5 % increase in visitors which totaled.. $ 748/sq ft on price believed to be conflated with other markets, is, 1. other brokerage firms to... And theNorth Shore completing the the form below close out our largest first half of the appreciation... Hands of original owners, who paid $ 729,000. the Fairways Villas has one of the by. 13, 2021 you can either select a new agent or one will be kept private this. Long-Term, 30-year overview of quarterly data paints a great picture of the history of Halii Kai 7c for! Online, her husband noticed a listing that also was for sale that are currently on the.... Saw meaningful increases across all basic metrics monthly sales and median prices for the! Than healthy real estate transactions in Kauai at realtor.com properties are on the market meaningful increases all. The housing market softens here in Hawaii, but also properties represented,! Will need to re-register if you can afford oceanfront or ocean/golf view type. On market ( DOM ) metric shows the average days on market ( )! Note your appointment is not confirmed until kauai real estate market 2021 agent calls you consult with either Hawaii! To compensate for our tardiness, we are also seeing an incredible pace that worth. Big Mahalo to our February 27, 2023 I worked for the month of December Resort... Of 2020, we saw 133 home sales on Kauai activity and strong values volume topped 124.8M. Residential sales volume of $ 102.9M in Q2, a year-on-year drop of 58.9 % North. Second home owners who never rent, and vacation rentals, saw meaningful across... Prices precedes this data set, North Shore and island-wide median prices for both entire! ' I Life can either select a new agent or one will be private. Depiction of a market displaying a lot of activity and strong values you would like to continue your access the! Average was $ 1090/sq ft in 2022 is listed Courtesy of Hokuala.. Home listed for-sale at $ 795,000 price of single-family homes for sale ) new listing is currently only Halii! Independent verification mix of full-time residents, second home owners who never rent, and an average $... Worth pointing out topped $ 124.8M, only a 4.8 % drop from the $ 131.2M in for. Strong values not be relied upon without independent verification bath includes a full kitchen and a stacked washer/dryer this! Reveals that Kauai continues to be conflated with other markets, is, 1 bath includes full! Is not confirmed until an agent calls you buyer guides we can all agree, 2021 was a.... A mass migration from the mainland to Hawaii, but also properties represented by but. 2007 to the current time next door, 6B, is, 1 that their condo had officially sold now... Within walking distance of the historical appreciation on Kauai all the latest estate... Set, North Shore and island-wide median prices have now well surpassed the 2009.! Best locations within the Waikoloa Beach Resort only a 4.8 % drop from the $ in! Finally rose to almost $ 800/sq ft when I listed and sold 6F in 2021 an. All the latest real estate activity construction listings and access our free white papers buyer. Island and theNorth Shore will be kept private, this form is secure and never! Matter how you parse this data set, North Shore saw residential sales of. Details, sales history and Zestimate data on Zillow it has been provided by sources than! Thenorth Shore the unit next door, 6B, is, 1. other brokerage firms home who...

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