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Princeville, HI Real Estate News

By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Happy St. Patrick’s day to you! It’s been a mixed bag this week when it comes to the weather with everything from bright warm sunshine the beginning of the week to huge raindrops and a cold front at the end. It’s beautiful today but only 61 degrees at the moment which is cold for those of us with ‘thin blood.” Standy by, however as low 80′s are forecast mid afternoon with more rain coming by day’s end. Despite the changing weather, we had quite a bit of condo activity this week with 5 condos going into escrow, 3 of which are Ka’iulani units. We’ve had 39 sales so far this year, which is over halfway to last March’s total of 67 sales. Take a look at the activity this week: NEW LISTINGS 261939 CND A 4 4-5-3-6-22-7 FS $1,549,000 Kaiulani #7 2,864 #7 3/3.01 262011 CND A 2 4-5-4-5-24-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It was another busy condo week, (not so much so for houses) with the developer finally reducing pricing on the remaining Ka’iulani inventory so that it seems to be flying off the shelves. You’ll see several new Ka’iulani listing, as well as two that went into escrow along with miscellaneous activity throughout the resort. Plantation 412 is back on the market priced in the $300K’s so if you missed it the first time you have another chance at this downstairs unit. Here is your Princeville Kauai condo update for this past week: NEW LISTINGS 261403 CND A 6 4-5-3-6-22-65 FS $759,000 Kaiulani 65 1,892 #65 2/2.01 261240 CND A 2 4-5-3-11-1-19 FS $775,000 Villas On The Prince #19 1,732 #19 3/3.00 261735 CND A 2 4-5-3-6-22-54 FS $1,099,000 Kaiulani 54 2,479 #54 3/3.00 261657 CND A 3 4-5-4-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Although it doesn’t look like a lot of activity this week, we do have two new listing, two new escrows and two sales. There’s an interesting shortage of price reductions; only one this week, perhaps indicative of the rising market. Feb 13 matched Feb 12 with 61 sales but the sales volume increased by 17% from $36M to $42M. Here’s your update for this week: NEW LISTINGS 261347 CND A 1 4-5-4-5-12-6 FS $399,000 Sealodge #F6 567 #F6 1/1.00 261551 CND A 1 4-5-4-5-18-51 FS $430,000 Puamana #14C 1,298 #14C 2/2.00 CONTINGENT SALES 259066 CND C 95 4-5-4-6-1-34 FS $625,000 Villas Of Kamalii #34 1,825 #34 3/3.00 261337 CND C 11 4-5-4-12-5-29 FS $899,000 Pali Ke Kua #211C 1,127 #211C 2/2.00 SALES 244035 CND S 642 4-5-3-6-22-5 FS $1,295,000 Kaiulani #5 2,843 #5 3/3.01 SOLD 3/1/2013 for $1,200...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Kauai Condos for Sale Kaiulani of Princeville If you have been thinking of buying a luxury side-by-side townhome at Ka'iulani of Princeville perhaps you should act soon.  The inventory is diminishing. Currently there are only 7 (seven) condos for sale at K'aiulani of Princeville. At Ka'iulani of Princeville you can enjoy one of three swimming pools.Take a few laps in the lap pool. Some of the condos for sale have views of the Prince Golf Course (Visit Prince Golf Course) and some have ocean views.    They all are beautiful luxury homes. Below are the current condos for sale at Ka'iulani of Princeville. There have been 3 sales this year (January/February 2013) with a median sales price of $1,200,000.   MLS # Tp St DOM Taxkey Tnr Price   Location Lnd area Details     254197 C...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We’ve continued to have a mixed bag of weather this week, at least up on the North Shore. My hubby was on the westside early in the week and he reported blue skies and sunshine. However, on this end it’s been a sun out, sun in, clouds, rain, blowing horizontal rain then sun out, sun in, etc throughout the day. Definitely cold too by Kauai standards. No, I don’t expect any sympathy given what is going on in the mainland but still – all the locals are bundled up in sweatshirts and jeans. I’m not sure if it’s because of the weather or despite the weather, but the buyers and sellers have certainly been out there. Islandwide, 12 new homes and 10 new condos came onto the market; 17 homes and 11 condos either went into escrow or under contract and 7 homes and 15 condos sold this week. T...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
  Just Sold 5250 Ka Haku Road Emmalani Court 215   Princeville, Kauai, Hawaii Sold for $560,000 This Princeville, Kauai condo for sale just sold for $560,000. The end unit condominium has ocean and golf course views and offers 1456 square feet plus a covered lanai. New upgrades throughout including bamboo flooring, crown molding, granitecounter tops, and upgraded kitchen cabinets. New bathroom cabinets, counter tops and sinks. The tiled entry invites you into this spacious condominium. A large storage closet and laundry with a washer/dryer are conveniently located off the entry. A roomy kitchen with a counter top bar opens up to the dining/living room with large windows. This condo has a very private covered lanai is located just off the living room. The master bedroom also has sliding...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Hope everyone enjoyed Valentine’s Day. We certainly did- but more on that later. Take a look at all the activity this past week! Seven new escrows in one week is more than we’ve seen in awhile – and take a look at the price point. If things keep going this way, the era of Princeville condos priced in the $200K’s and $300K’s will be but a memory come summer. Even the single family homes are moving; of the three that came on the market this week two are already in escrow. Here is your update: NEW LISTINGS 261197 CND A 3 4-5-4-11-3-29 FS $719,000 Hanalei Bay Resort #H23 1,324 #H23 2/2.00 CONTINGENT SALES 246638 CND C 577 4-5-4-15-21-40 FS $220,000 Sandpiper #203 1,173 #203 2/2.01 256825 CND C 181 4-5-4-5-7-12 FS $235,000 Sealodge #B4 564 #B4 1/1.00 260766 CND C 18 4-5-4-12-2-6 FS $2...
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Aloha, Valentines day is near and if you’re lucky enough to be on Kauai, there are many, many romantic/exciting things to do. First choice is often a nice restaurant. You have quite an assortment from the Dolphin Restaurant or Postcards in Hanalei, to Duke’s at Kalapaki Bay or Roy’s or the Beach House in the Poipu area. There are many great restaurants here but they book up quickly so don’t wait too long. If you like something more active, contact one of the activity desks and schedule a paddle/hike up the Wailua River which includes lunch at a beautiful waterfall, or go ziplining at Princeville ranch where you can also ride horseback then hike down to a waterfall for a refreshing dip and lunch. ATV tours are also great fun. They even have a combo tour which includes ATV’ing and a horse...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Jan 13 got off to a bit of a slow start with only 48 sales, which is a 24% decrease from Jan 12 with 63. The only Jan with fewer sales in the last 6 years was Jan 09 with a mere 20. Of these 48 sales, 28 were residential, 5 land, 1 commercial and 14 were condos. The Kawaihau zone had the greatest number of residential sales at 12, followed by 6 in the Koloa zone, 5 in Hanalei zone, 4 in Lihue and 1 for Waimea. Despite the lower number of sales, it is clear price is moving up as the sales volume posted a 5% increase, going from $31M in Jan 12 to $33M in Jan 13. The “low”with $22M in volume is Jan 10. Jan 09 followed closely behind with $24M in sales volume while the high point within the last 6 years was Jan 08 with $46M in volume. Median sales price stayed pretty consistent. In J...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
 Princeville, Hawaii condos for sale Ka'iulani of Princeville   Just Sold Ka'iulani of Princeville #6 Princeville, Kauai, HI Sold for  $1,200,000    The fortunate Buyers will enjoy incredible views across the lush greenery to the Prince Golf Course and the majestic mountains from this townhome located in Princeville, Kauai, Hawaii.   Three bedrooms (two are master suites) and three and one half bathrooms. Soaring ceilings in the main living area, of thie condo for sale with upscale details and finishes throughout and a two-story family room that opens up to a private lanai. Exquisite tiger wood floors, a stone fireplace, soffits with upper lighting in the main living area, surround sound audio system, designer furniture and window coverings.  The home has a gourmet kitchen with a Sub-ze...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Although activity has really picked up in recent weeks, the month of Jan 2013 underperformed compared to Jan 2012 by 23% with only 48 sales compared to 63. Based on the number of showings and the buyers that seem to be on the hunt, I’m expecting a good Feb and Mar. Right now there are 68 condos and 128 homes in escrow Islandwide, 21 of which are Princeville condos and 7 are Princeville homes. Take a look at the Princeville condo activity this past week: NEW LISTINGS 260722 CND A 3 4-5-3-6-22-51 FS $1,238,000 Kaiulani #51 2,443 #51 3/3.01 260766 CND A 3 4-5-4-12-2-6 FS $269,000 Hale Moi #106 1,033 #106 2/2.00 259607 CND A 1 4-5-4-5-18-97 FS $449,999 Puamana #26D 1,298 #26D 2/2.00 259961 CND C 4 4-5-4-12-2-30 FS $335,000 Hale Moi #210 1,033 #210 1/2.00 CONTINGENT SALES 260606 CND C...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, The year is getting off to a good start with 43 sales so far. Although there were 63 sales in Jan 2012, with 197 properties in escrow and 26 under contract, there’s a good possibility Jan 2013 will surpass that number. This week two condos and two homes went into escrow. Of even greater interest is the speed with which the homes went under contract – take a look below for all the activity: NEW LISTINGS 260606 CND A 2 4-5-3-6-22-2 FS $1,350,000 Kaiulani 2 2,843 #2 3/3.01 257008 CND A 3 4-5-4-15-21-19 FS $199,000 Sandpiper #119 1,042 #119 2/2.00 260307 CND A 3 4-5-4-11-3-84 FS $379,000 Hanalei Bay Resort #N22 867 #1513/​14 1/2.00 260480 CND A 5 4-5-4-5-7-47 FS $395,000 Sealodge #E9 566 #E9 1/1.00 260258 CND A 2 4-5-4-11-3-37 FS $925,000 Hanalei Bay Resort #L17 1,324 ## 6101/​2 2/2....
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Kauai- Ka'iulani of Princeville condos for sale There has been some recent activity at Ka'iulani of Princeville with five homes that are now contingent  (offer has been accepted and the sale is pending). Ka'iulani 5,6,8 & 10 and 50 are contingent condos for sale with a median listing price of $1,225,000.  I doubt that the homes will sell for the list price but the median sales price will certainly be above $1 million once they are sold.  So, the median sales price should  trend back up. Ka'iulani 5,6,8 &10 are the larger three bedroom Valley homes. Ka'iulani 50 is a Fairway home. Ka'iulani 10 is a short sale and has a scheduled foreclosure date of February 28, 2013. The Sellers have accepted a short sale offer and they are waiting for approval from the lien holder.  Hopeful...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We’re experiencing our own form of winter weather this past week, with “chilling” temps in the 60′s along with gusty downpours. Our North Shore beaches were closed for a few days (not sure if they are closed today or not) due to the high surf, although the high surf warning remains in effect. I love to see the whitewater from my condo. Even more fun is seeing the whales, which have been somewhat sparse so far this year. My first sighting was Friday where it appeared there were two whales having a tail slapping contest. They both slammed their tails or “flukes” into the water several times before diving. What a sight. As for real estate, it’s remained steady with plenty of buyers out looking with a few taking the leap to home ownership. Take a look at what went on this past week: ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This was a good week for Princeville Kauai condos with three going into escrow, including one that came on the market and went almost immediately into contingent status. Take a look for yourself: NEW LISTINGS 260071 CND C 6 4-5-4-5-4-10 FS $325,000 Mauna Kai #10A 1,503 #10A 2/2.00 CONTINGENT SALES 259801 CND C 23 4-5-3-6-22-50 FS $1,099,000 Kaiulani 50 2,443 #50 3/3.01 250490 CND C 318 4-5-3-6-22-6 FS $1,395,000 Kaiulani 6 2,843 #6 3/3.01 260071 CND C 6 4-5-4-5-4-10 FS $325,000 Mauna Kai #10A 1,503 #10A 2/2.00 EXPIRED 251364 CND X 363 4-5-4-5-18-38 FS $329,000 Puamana #11A 1,312 #11A 2/2.00 241959 CND X 729 4-5-4-5-17-8 FS $679,000 Alii Kai 8H 1,037 #8H 2/2.00 PRICE CHANGES 258194 CND A 73 4-5-3-11-1-6 FS $709,000- Villas On The Prince #6 1,737 #6 3/3.00 256825 CND A 146 4-5-4-5-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, And Hau’oli Makahiki Hou once again! 2012 went out with a bang with a total of 884 sales for the year which is a 16% increase over 2011 with 761 sales. The month of December really picked up steam posting an 81% increase over Dec 2011 – with 89 sales compared to 49 in 2011. Judging from the number of condos that went into escrow as well as the number of showings this past week, I’m looking forward to a very active and successful real estate market this year. Here is what took place this past week – no new listings or price reductions but a lot of good activity: CONTINGENT SALES 244035 CND C 647 4-5-3-6-22-5 FS $1,295,000 Kaiulani #5 2,843 #5 3/3.01 256134 CND C 171 4-5-4-5-23-1 FS $365,000 Plantation 111 1,153 #111 2/2.00 257991 CND C 92 4-5-4-5-23-14 FS $389,000 Plantation 412 1...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Hawaii - Condo Sales Statistics The Princeville condo sales statistics show us that the market continues to improve.   The median sales price of $372,500  for 2012 Princeville condo sales exceeds the median sales prices for 2011 and 2010. In 2012, the market surpassed the number of condo sales for the previous four (4) years of 2011, 2010, 2009 and 2008 with 100 Princeville condo sales.The charts below show the sales for Hanalei District.  Hanalei District includes the North Shore of Kauai from Kilauea to Haena. Nearly all of the North Shore condos are located in Princeville. The only condos on the North Shore outside of Princeville are those located at Hanalei Colony Resort in Haena.There was just one sale at Hanalei Colony Resort in 2012.   The least expensive condo sold ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
 Aloha, Welcome to the last Princeville, Kauai Condo and Princeville, Kauai Home blog of 2012. It’s been a good year with plenty of buyers acquiring their Kauai dream home. We raced right through the sales stats for Dec 11 which had 49 sales, posting a 57% increase with 77 sales this Dec, and we may still have one more day for recordation. (Not sure if the Bureau of Conveyances is open New Years Eve or not.) Year to date is also higher, with 872 sales for the year compared to 761 for 2011. Here is your update for this past week: NEW LISTINGS 258670 CND A 6 4-5-4-12-11-6 FS $1,250,000 Puu Poa #106 2,079 #106 2/2.00 BACK ON THE MARKET 218823 CND A 465 4-5-4-12-5-8 LH $547,000 Pali Ke Kua #108A 717 #108 1/1.00 CONTINGENT SALES 250433 CND C 367 4-5-3-6-22-10 FS $1,120,000 Kaiulani #10 2,864...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We’ve had a pretty chilly week, one where you can definitely tell visitors from “locals.” What is “cold” you ask? When it gets into the low to mid 60′s at night, now that’s Kauai cold. It’s only 75 now with hazy skies and a cool wind. After a very dry summer we’ve had quite a bit of rain this past week which adds an additional chill to the weather. But back to visitors and locals. When it gets cold on Kauai, the visitors are still happy in short shorts and tank tops while locals get to break out their jeans and sweatshirts. The contrast is almost comical….and no, I don’t expect any sympathy for our cold snap. I’ve been listening to friends dealing with bone-chilling cold weather in the 30′s and below and I’m so grateful to live Kauai no matter what the weather. Now on to your Pri...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha Hard to believe but here were are again, less than 10 days away from Christmas. So far this year we’ve had 29 sales, compared to 49 last December. We are well ahead in the annual count however, with 824 posted so far compared to 761 for 2011. Read on to see what happened this past week:  NEW LISTINGS 256338 CND A 3 4-5-4-5-15-1 FS $429,000 Paliuli #1 1,337 #1 2/2.00 259592 CND A 2 4-5-4-5-23-27 FS $629,000 Plantation #721 1,318 #721 3/3.00  BACK ON THE MARKET  252436 CND A 279 4-5-3-11-1-35 FS $692,900 Villas On The Prince #35 1,732 #35 3/3.00  CONTINGENT SALES 259353 CND C 9 4-5-4-5-23-65 FS $339,000 Plantation #1711 1,153 #1711 2/2.00 257109 CND C 95 4-5-4-12-10-7 FS $575,000 Emmalani Court #215 1,456 #215 2/2.00 SALES 254821 CND S 83 4-5-4-5-39-96 FS $299,000 Cliffs 4202 917 #4...
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