Princeville, HI Real Estate News

By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, I hope everyone is enjoying this long Fourth of July weekend. We’ve had a mix of rain and sunshine but still managed to put in some time at Anini, which you’ll see in the pictures at the end. July is off to a great start with 11 sales already! The target for this month is 93, a number which has been steadily increasing since 2011 when there were only 59 sales. In 2012 there were 72 so we’re moving up for sure. You’ll see from this week’s update that there was a fair amount of activity in both condos and homes with several new listings in both as well as some sales and contingent properties. Take a look: NEW LISTINGS 274784 CND A 5 4-5-4-5-16-10 FS $460,000 Alii Kai #2102 1,086 #2102 2/2.00 274871 CND A 4 4-5-4-5-23-39 FS $619,000 Plantation #1021 1,318 #1021 3/3.00 274986 CND A 0...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Hawaii condo sales statistics- First Half 2014 The Princeville condo sales statistics for the First Half of 2014 show the median sales price for Princeville condos declined slightly this year-to-date thru June.  For the full year of 2013, the Median Sales Price for a Princeville condo was $495,000.  Year-to-date thru June 2014, the Median Sales Price is $460,000 (down 7%).     The Princeville condo sales statistics show that the least expensive condo sold (year-to-date thru June 2014) was Hale Honu 5A that sold for $252,000 in February. It was an REO (bank owned) condo that was listed for $201,500 and was on the market for 63 days.  The previous owner (who was foreclosed upon) paid $380,000 in February 2007.  Currently, the least expensive condo offered for sale is a Sealod...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, June 2014 made a valiant effort to meet or exceed June 2013 sales stats but so far, is falling short with 92 sales as of today, Sunday. The record from last June is 98. All we need is 6 closings on Monday!!! I had one scheduled for that day but it unfortunately got set over to July 1! Think we’ll see 6 closings on Monday? I don’t know, but what I do know is that I’m quite impressed with how June rallied. Hopefully the rally will continue into July. Here is what happened this past week: NEW LISTINGS 274629 CND A 1 4-5-4-5-3-3 FS $380,000 Paniolo #103 1,058 #103 1/2.00 CONTINGENT SALES 264084 CND C 388 4-5-4-5-30-7 FS $399,900 Mauna Kai #F7 1,280 #F7 2/2.00 SALES 270538 CND S 13 4-5-4-5-27-19 FS $349,800 Hale Honu #10A 1,085 #10A 3/2.00 SOLD 6/25/2014 for $349,000 (CASH) DOM 13 268...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It was a V-E-R-Y quiet week for condos with no new listings, no new escrow, no price changes — There was one closing and one unit withdrawn. Take a look for yourself: SALES 272090 CND S 62 4-5-4-5-18-30 FS $385,000 Puamana #8C 1,298 #8C 2/2.00 SOLD 6/19/2014 for $360,000 (CASH) DOM 62 TEMPORARILY WITHDRAWN 270395 CND T 142 4-5-4-5-27-11 FS $349,000 Hale Honu #6A 1,085 #6A 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. Sales: Puamana 8C last sold for $320K in 11/10. This week it changed ownership for $360K cash while listed with a price of $385K. Temporarily Withdrawn: Hale Hone 6A was temporarily withdrawn while listed for $349K. The prior purchase of this unit was...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Happy Father’s Day on this glorious Sunday to all the fathers out there. If you are here on Island celebrating your day, then you are enjoying a bright, sunny day with white puffy clouds with a good dose of the trades to keep you cool. It’s been good beach weather all week which may be why we didn’t see all that much traffic in condos and homes. A new listing, a couple of sales….take a look for yourself: NEW LISTINGS 274227 CND A 5 4-5-4-5-39-82 FS $497,000 Cliffs #3306 1,137 #3306 2/2.00 CONTINGENT SALES 270858 CND C 116 4-5-4-5-13-29 FS $399,000 Kamahana #29 1,240 #29 2/2.00 SALES 263326 CND S 303 4-5-3-6-22-25 FS $1,195,000 Kaiulani #25 2,864 #25 3/3.01 SOLD 6/14/2014 for $1,125,000 (CNV) DOM 303 272498 CND S 0 4-5-4-15-21-46 FS $279,000 Sandpiper #209 1,173 #209 2/2.01 SOLD 6...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This past week provided plenty of excellent beach time – if you didn’t take time to enjoy just relaxing by the water, today is presenting you with yet another opportunity. Apparently the buyers were at the beach also as only one condo went into escrow, although three others closed. As for houses, there was minimal activity, with three new listings, one that returned to the market and an expiration. Take a look: NEW LISTINGS 274181 CND A 2 4-5-4-5-17-44 FS $425,000 Alii Kai #13D 1,020 #13D 2/2.00 271129 CND A 5 4-5-4-6-1-17 FS $770,000 Villas Of Kamalii #17 1,761 #17 3/3.00 271147 CND S 0 4-5-4-5-24-63 FS $604,900 Nihilani #21C 1,972 #21C 2/3.00 SOLD 6/4/2014 for $585,000 (CNV) DOM 0 274086 RES A 4 4-5-3-6-22-8 FS $1,599,750 Kaiulani #8 2,864 #8 3/3.01 CONTINGENT SALES 267179 CND ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, If you’re on Island and looking for something fun to do next Saturday, the 7th, the Hanalei Canoe Club is having it’s annual Haena to Hanalei Run/Walk and Pancake breakfast. What’s so special about this event is the opportunity to traverse this spectacular 8 miles by foot so you can take in all the views. Plus, there are Pancakes waiting for you at the end. If you’re interested, just Google “Haena to Hanelei Run” or find it on the Hanaeli Canoe Club website at Hanaleicanoeclub.org. You can still register online until Thursday and get a T-shirt or just show up the day of the race, although a T-shirt is not guaranteed when doing do. As for real estate: Condos were flying off the shelves when buyers weren’t on the beach enjoying the sun. Only 1 new listing which was offset very nice...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Hope you are enjoying your Memorial Day weekend, and even more importantly, that you have taken time to remember and give thanks to all of those who gave their lives in defense of our freedoms. It was a fairly busy real estate week with action in both condos and single family homes. We ended this week with 68 active condo listings ranging in price from $340K for a Sealodge up to $2.5M for a Ka’iulani. Take a look at what changed for condos this week: NEW LISTINGS 273703 CND A 3 4-5-4-12-11-29 FS $1,675,000 Puu Poa #301 2,159 #301 2/2.00 272806 CND U 3 4-5-4-6-1-49 FS $735,000 Villas Of Kamalii #49 1,825 #49 3/3.00 CONTINGENT SALES 272090 CND C 64 4-5-4-5-18-30 FS $385,000 Puamana #8C 1,298 #8C 2/2.00 UNDER CONTRACT 272806 CND U 3 4-5-4-6-1-49 FS $735,000 Villas Of Kamalii #49 1,8...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It was a very busy week for condos, with no fewer than 7 closings and 2 new escrows. Those closings, along with the 1 residential closing this week, brings the monthly total to 62. As of today, Sunday, there are 69 condo listings ranging in price from $340K for a Sealodge up to $2.250M for a Ka’iulani townhouse. There are currently 21 condos in escrow, all of which but one are $699K or less. The one remaining condo is priced at $1.195M. So far for 2014 there have been 34 condo sales. Take a look for yourself at last week’s condo activity: NEW LISTINGS 270538 CND A 4 4-5-4-5-27-19 FS $349,800 Hale Honu #10A 1,085 #10A 3/2.00 273672 CND A 1 4-5-4-5-3-23 FS $498,800 Paniolo #210 1,058 #210 1/2.00 271350 CND A 1 4-5-4-5-24-34 FS $595,000 Nihilani #12A 1,406 #12A 2/2.00 CONTINGENT SAL...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville Hawaii - condo for sale- Villas of Kamalii 46 Just Sold      Villas of Kamali'i 46 Just Sold for $674,000 (May 2014). I represented the Seller of this condo for sale at Villas of Kamalii in Princeville, Hawaii. The Buyers purchased this popular split-level floor plan with a vaulted ceiling foyer and a bedroom and 3/4 bath along with the garage access. Just a few steps you find yourself in the great room, kitchen, dining and an upper lanai. Tile flooring in the entry and great room/kitchen. Kitchen has beautiful wood cabinets, granite counter tops and GE appliances. You will also find one of the two master bedroom/bathroom suites with its own private lanai on this level. The large master bathroom has a glass block walk-in shower and dual sinks. The lower level master suite al...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Happy Mother’s Day! Hope each and every one of you are having an extra special day. We’ve had hot and sunny, although quite muggy and humid, weather this week along with a good dose of VOG. If you are unfamiliar with the term, it is basically “volcanic air pollution.” Wikipedia gives the following detailed definition: “Vog is a form of air pollution that results when sulfur dioxide and other gases and particles emitted by an erupting volcano react with oxygen and moisture in the presence of sunlight. The word is a portmanteau of the words “volcanic”, “smog”, and “fog”. The term is in common use in the Hawaiian islands, where the Kīlauea volcano, on the Island of Hawaiʻi (aka “The Big Island”), has been erupting continuously since 1983. Based on June 2008 measurements, Kīlauea emi...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, The general feeling is there’s been a bit of a market slowdown, an opinion supported by April stats which ended up with 93 sales compared to 124 last April. For May, the goal is 85 and already there are 10 sales, which gets us off to a good start. Activity for condos was across the board with a little bit of everything. Take a look for yourself: NEW LISTINGS 273117 CND A 3 4-5-4-12-3-4 FS $699,000 Hanalei Bay Villas #4 1,248 #4 2/2.01 273204 CND A 0 4-5-4-6-1-22 FS $899,000 Villas Of Kamalii #22 1,825 #22 3/3.00 CONTINGENT SALES 268525 CND C 163 4-5-4-12-10-24 FS $499,999 Emmalani Court #412 1,192 #412 2/2.00 SALES 268786 CND S 58 4-5-4-5-18-8 FS $365,000 Puamana #2D 1,298 #2D 2/2.00 SOLD 4/28/2014 for $355,000 (CNV) DOM 58 UNDER CONTRACT 272870 CND U 9 4-5-4-5-12-35 FS $489,000 ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Finally, sunshine today! There was activity in both houses and condos this week but with only 75 sales as of today, it’s doubtful this April will surpass the 125 sales posted in April 13. There are 43 properties that are “under contract” and all of these, plus some of the properties still showing as “in escrow” would have to quickly close to achieve the goal. As for Princeville condos, there are 69 active listings ranging in price from $340K for a 1 bed / 1 bath Sealodge up to $2.250M for a newly listed Ka’iulani. The breakdown is as follows: 15 units priced in the $300K’s, 9 in the $400K’s, 11 being sold in the $500K’s, 12 selling in the $600K’s, 9 in the $700K’s, none are listed in the $800K’s, 1 in the $900K’s and 12 listed for $1M or more. Pretty easy to see why those two San...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, There were 125 sales last April and we’re currently at 54. Do you think we’ll make it? As of this time (the 20th) last year, there were already 77 sales. Hmmmm…I have some doubts. There are 47 listings that are “under contract” which means contingencies have been removed. There are an additional 205 that are in escrow with contingencies which would have to move quickly to under contract and closing if we’re to surpass 125 sales. Since every other month has surpassed stats for the prior year, we only need 21 sales to meet the 310 sales for year to date 2013. I think we’ll succeed in passing that stat but am doubtful about the overall April performance. There was a flurry of activity this week, in both condos and homes. Take a look: NEW LISTINGS 272811 CND A 3 4-5-4-15-21-39 FS $31...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, There are so many things I love about Princeville, one of which are the great restaurants at the Princeville Center. My absolute favorite is Federico’s which creates delectable and healthy mexican cuisine for a very affordable price. I know I’ve mentioned this establishment before, but it remains an on-going favorite. The food is always good and oftentimes you’ll find entertainment included. Also at the Princeville center is Le Petite Bakery which is where I get my coffee. They also offer scones, breakfast and much more. Lotus Garden Chinese and Thai Cuisine is another favorite. I haven’t eaten there yet, simply because I can’t tear myself away from Federico’s but I’m clearly the exception as Lotus Garden also has a strong followings. Newly opened in the old Paradise Grill locati...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, The saying for March of “In like a lion out like a lamb” dates back to the 17th century and is meant to convey that March signifies the end of the harsh Winter weather and the beginning of calmer Summer weather. That may be the saying but it is anything but springlike today with strong gusty winds and temperature of only 68 degrees (it’s almost 9AM!) with showers threatening. If you are on Island you are probably asking, “What happened?” as yesterday was one of the most picture perfect days I’ve seen in a long while. Cooling (not cold) breezes along with a blue sky punctuated by a few puffy clouds set the scene, in other words, it was a perfect beach day. Of course, the visitors aren’t aware of how cold it is as they are walking around in tank tops and shorts while I’m digging ou...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This was a fairly active week despite weather that couldn’t decide if it wanted to rain, be cool, get muggy, be sunny, pour cats and dogs or do all of the aforementioned in a random sequence. The weather was completely unpredictable – even the Weather Channel couldn’t get it right as it showed us as as under flash flood warnings yesterday even while the sun was high in the sky. Right now the sun is out, it’s fairly cool and gusty, but wait, I see raindrops on the window! Oh well….. Back to real estate – it was a busy week with 3 condos and 4 houses going into escrow. That’s good for everyone. This month of March blew past last March statistically speaking with 84 sales compared to 74 and we still have a couple of days to record a few more. Here is your update: NEW LISTINGS 271897...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We spent a few days over on Maui in Lahaina this past week. Each Island is so unique and different from the other. If you are thinking of moving to “Hawaii” make sure to visit all the Islands as I’m sure you’ll find an area just perfect for your lifestyle. Some areas are more laid back and remote, while others bustle with all the energy of a big city – whatever your way of being or your interest, you truly can find “your own piece of paradise” on one of the Islands. We stayed right on the water within walking distance of downtown Lahaina. Since Maui is protected by Lanai and Molokai, construction is much, much closer to the shoreline than here on Kauai. It almost felt like you could jump from the lanai into the ocean, it was so close. Also, the water is much calmer which is quite...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, The weather is so much fun around here. We have been enjoying an exceptionally windy Sunday with average wind speeds of 31 mps and gusts up to 40. At least the sun is peeking through now and again today instead of subjecting us to the totally overcast skies we had yesterday. Judging from the weather forecast, we’re in for more of the same (along with the possibility of rain) as the week goes on. I know parts of the mainland are having some weird weather too – ours is just warmer. Palm fronds blowin’ in the wind. Don’t know if you can see it or not, but there are whitecaps everywhere. There was quite a bit of activity this past week with a couple of new condo listings, three condos that went into escrow as well as a home that found a buyer. Take a look: NEW LISTINGS 271694 CND A 5...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville Kauai - condo for sale - Emmalani Court 311 Just Sold for $570,000       I represented the Seller of this Princeville condo for sale that just sold for $570,000. The Buyers will enjoy golf course views from this first floor condominium with no steps or stairs to climb. This two bedroom/two bathroom condo for sale sold fully furnished. The condo has 1456 square feet plus a covered lanai. The tiled entry has a large storage closet and washer/dryer. A spacious kitchen with a counter top bar opens up to the dining/living room with large windows looking out to the Makai Golf Course holes 6,7 & 8 of the Makai Golf Course.  Crown Molding adds a finished touch.   The private lanai is located just off the living room. The master bedroom also has sliding doors out to the lanai. A larg...
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