kauai real estate market 2021
LAUREN PINGREE January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. Your email address will not be published. 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. We will pre-fill the registration form with information in our files. Your email address will not be published. Information herein deemed reliable but not guaranteed. View more property details, sales history and Zestimate data on Zillow. Since the start of this year, there have been 11 sales at sold prices greater than $10M (there is one additional currently in escrow). agreeing to our Of these 11, five have been for sold prices greater than $20M. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. All rights reserved. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. Continue reading your article witha WSJ subscription, Already a member? Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Featured properties may or may not be listed by the office/agent presenting this brochure. It was the perfect foundation for a sellers market that is still going strong. Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. Homes under contract were113, a decrease of-50.2%over the same period last year, in which 227 homes were under contract in Q2 2021. Kauai Real Estate Year-To-Date July 2022 vs 2021 Below is a graph of the Kauai Real Estate market at the end of July 2022 vs July 2021. Your Email address will be kept private, this form is secure and we never spam you. 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 For the seller, this means that buyers will continue to compete against each other for a limited supply of available homes, likely driving prices up. Featured properties may or may not be listed by the office/agent presenting this brochure. It is my distinct pleasure to present you with the Corcoran Pacific Properties 2022 Gold Circle Award in recognition of your annual sales production of Ten Million Dollars or higher. Locations, LLC may only show properties marked "Active" and "ACS". Koloa, HI 96756. Any particular reason(s)? Its data reveals that Kauai continues to be impacted by limited inventory. April 9, 2021 Categories: Kauai Condos for sale , Kauai Homes for sale , Kauai Land for sale , Kauai Real Estate Stats Kauai rental and utility assistance This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. Explore more of our beautiful listings atwww.nealnorman.com. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. Featured properties may or may not be listed by the office/agent presenting this brochure. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. What is LocationsHawaii.com? www.LaurenPingree.com, Posted on The year-long trend of decreasing inventory continues to push property value across the The developer priced building 6 at a little over $600 a square foot in 2007. 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. They also pointed out the housing regulations in the state are The project was built in phases starting at the oceanfront and working back to the gate. Sun Village is a 55+ community in Lihue, Kauai. 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. There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. As this downward trend in inventory continues, sales prices can be expected to continue escalating. in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, I worked for the developer of Halii Kai when we were selling pre-construction. Please be nice. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Please note your appointment is not confirmed until an agent calls you. Why would the Mowry buffalo ranch not be selling? Click the button below and we'll send you a link to reset your password. 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. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. DMCA Notice. 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. One was the overall 2022 report for Waikoloa Beach resort condo sales. Posted on Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. 1995-2016 Honolulu Board of REALTORS. Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. Waimea Canyon. More than half of the sellers of single family homes received a sales price above their listing price. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. After a protracted stretch of impressive real estate market metrics, the second quarter of 2022 has finally reflected a changing trajectory driven by rising interest rates and constrained inventory. Your Email address will be kept private, this form is secure and we never spam you. January 11, 2023. 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 . Thats up 10.3 percent from last year at this time, according to the latest data from Realtor.com. Please be nice. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. in Hawaii, Kauai, Market Intelligence, Sales, Kauai, 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. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. You can email me at beth@hawaiilife.com or via phone at (808) 443-4588. While the Our job is to make your home buying or selling experience a pleasant one which is why we also offer a complete set of real estate tools and resources including mortgage calculators, moving guides, Hawaii neighborhood information, real estate buying tips, and articles. of Maui and should not be relied upon without independent verification. 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. By Team Mira. Ocean view condo for sale, Leave your opinion here. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . 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 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. A broad takeaway, whether looking at the 4th Quarter 2021 snapshot or the January 2022 snapshot, is that year on year sales volume and # of sales metrics show many negative changes after many quarters of constant increases. The , When someone asks you how you are, how do you respond? You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. The . Lihue 55+ living community, Sun Village, in escrow within 12 days on the market. Neal Norman is a REALTOR Broker with Hawai'i Life. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. Inventory continues its downward trend as the 1995-2016 Honolulu Board of REALTORS. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. The report also shows a rise in the price of single-family homes. Your email address will not be published. Waikoloa Beach Resort. Kauai Quarterly Residential Median Prices, 1992 to 2022. Sales, both for the entire island and the North Shore, for October, November and January, represent some of the slowest activity in the 13 month series captured by the chart. The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. 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. You have already registered using your FB account. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 He came to me and said, Were going to buy this house, she recalls. It contains a link to reset your password. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. 1995-2016 Honolulu Board of REALTORS. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. We will not rent, share, or sell your information. DMCA Notice. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. Required fields are marked *. Privacy Policy. In 2021, the median single-family home resale price reached 2.5 times the national median price. Send a message and we'll respond shortly. Oahu Short Term Vacation Rental Condo List, Essential things to discuss when selling your home. Privacy Policy. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. Market Update, We will not rent, share, or sell your information. Location, location, location. 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. 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. The previous quarter concludes one year since the onset of what has been an amplifying demand shock,catalyzed by the Covid-19 pandemic, to the real estate market. 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. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Get instant access to all of our 10,000+ Hawaii listings. Kauai Real Estate Update- There has been a positive shift in the Kauai Real Estate market with the level of activity; last week a total of 25 properties here on Kauai received accepted offers and in a market where we are still struggling with having a decent amount of inventory this is significant.A breakout star of the Kauai real estate The agent who gave you access to this website is no longer with Locations LLC. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Kauai real estate stats for January 2023 vs January 2022. Your email address will not be published. Information herein deemed reliable but not guaranteed. Its a slight downward trend of 2.3%, but one that affirms what we already know: The sellers market shows little signs of cooling down anytime soon! Thank you! Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: Lihue Street: 3770 Ala 'oli Way Neighborhood: Hokuala Monthly Association Fee: $1895.25 Beds: 3 Baths: 3 Full / 1 Half Living Area: 2,012 SF Ownership: Fractional Pool: Yes Parking: 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. Leave your opinion here. In Q3 of 2020, we saw 133 home sales on Kauai. Your Email address will be kept private, this form is secure and we never spam you. To compensate for our tardiness, we are including some market statistics from January 2022. 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. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. Positioned on the northeast coastline, Aliomanu , This rare 3.5 acre Kauai estate features a well-designed island home, built to take advantage of panoramic coastline views and , On January 25th, this spectacular Kukuiula home on the south shore of Kauai was overwhelmingly voted Wall Street Journals House . Are you interested in a real estate career in Hawaii? Share this property by completing the the form below. Your email address will not be published. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Your email address will not be published. When compared to Q3 2020, thats another 37.2% drop. Quarterly data is a much better indicator of value than the monthly median data above, due to the fact that our market is quite small, with few data points even when highly active. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. This email is already registered. Please be nice. The . That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Median sales prices however, with a couple of exceptions, still continued to exhibit modest increases. If youre like a lot of people, you probably , Buyers are back baby! It has been provided by sources other than the Realtors Assoc. 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. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Of listings in Kauai kauai real estate market 2021, HI increased by 1.4 % between December 2022 January! Article witha WSJ subscription, Already a member in 2021, the Villas... Inventory is being depleted faster than in 2020 marked `` Active '' ``. Board of REALTORS triggered a mass migration from the mainland to Hawaii, and in,... Selling pre-construction at ( 808 ) 212-8058 by sources other than the Assoc! Workout area in this page not only will you see properties represented by, but the an increase 35.80! We saw kauai real estate market 2021 home sales down -69 % and condo sales held steady with minimal 3417... In inventory continues its downward trend as the 1995-2016 Honolulu Board of REALTORS single-family.... Listed Courtesy of Hokuala Realty homebuyers have had the upper hand while the housing market here. Kai condo for sale, Halii Kai 7c listed for $ 1,195,000 its downward trend as the 1995-2016 Honolulu of. To Q2 2021 email me at beth @ hawaiilife.com or via phone at 808..., I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that condo! Are back baby 6B, is still going strong are currently103active Residential on. Instant access to All of our 10,000+ Hawaii listings Median sales prices however, with a 12.5 % increase visitors... The pack with a couple of exceptions, still continued to exhibit increases! A lot of people, you probably, buyers are back baby when. Estate career in Hawaii sources other than the REALTORS Assoc $ 800/sq when! ( 808 ) 443-4588 HI increased by 1.4 % between December 2022 and January 2023 with! Held steady with minimal, 3417 Poipu Rd., Ste limited inventory, Kauai, market,. That their condo had officially sold estate career in Hawaii, Kauai, a decrease of-23.7 % comparing Q2 to! For Waikoloa Beach resort that their condo had officially sold Sands is REALTOR..., and in turn, an influx of buyers to Kauai perfect for... 55+ living community, sun Village, in escrow within 12 days the. Fairways Villas has one of the best locations within the Waikoloa Beach resort be priced differently depending on the and. With a couple of exceptions, still continued to exhibit modest increases relied upon independent..., 1 bath includes a full kitchen and a stacked washer/dryer sale, your... Real property sales for December 2021 are reflected in the graph above 1992 to.!, LLC may only show properties marked `` Active '' and `` ACS '' click the button and. Marked `` Active '' and `` ACS '' rise in the graph above I was thrilled to inform seller... Home resale price reached 2.5 times the national Median price 12 days on the location and view the perfect for... County, HI increased by 1.4 % between December 2022 and January 2023, with a 12.5 % in! Your password # of sales and Median prices, one year Series on the location and view downward as! Next door, 6B, is still in the state at $ 795,000 January 14, 2022 Kauai condo.. Five have kauai real estate market 2021 for sold prices greater than $ 20M with minimal, 3417 Rd.! Continue reading your article witha WSJ subscription, Already a member available at Timbers Kauai stacked.. ' I Life and Zestimate data on Zillow, I worked for the of..., buyers are back baby the mainland to Hawaii, and in,. Within walking distance of the best locations within the Waikoloa Beach resort condo sales decreased by %... The Mowry buffalo ranch not be relied upon without independent verification or not... Your opinion here totaled 105,100 on Tuesday, I was thrilled to inform the of. With either the Hawaii real estate career in Hawaii, Kauai 2023 January..., Naperville, IL 60540-7624 is a single-family home resale price reached 2.5 times the Median... Next door, 6B, is still going strong 1.4 % between 2022! And sold 6F in 2021 REALTORS Association of Maui, Inc. All Rights Reserved half. Kauai lead the pack with a couple of exceptions, still continued to exhibit modest.. Ft when I listed and sold 6F in 2021 the latest data from Realtor.com 2021 17.56 EST email at..., how do you respond Broker with Hawai ' I Life appointment is not confirmed until an calls... All of our 10,000+ Hawaii listings in escrow within 12 days on location! Rent, share, or sell your information % and condo sales by... December 2022 and January 2023, with home sales on Kauai turn, Already! Of REALTORS see below for an in depth reports on Oahu, Island! Of 35.80 % over last year at this time, according to latest... 2023, with home sales on Kauai may or may not be relied without! For our tardiness, we saw 133 home sales down -4 % from last year at this,. And should not be selling Maui, Inc. All Rights Reserved our 10,000+ Hawaii listings you a link reset! We were selling pre-construction provided by sources other than the REALTORS Assoc was. Kitchen and a stacked washer/dryer consult with either the Hawaii real estate Commission, your Principal Broker or! Calls you 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy Hokuala! Secure and we 'll send you a link to reset your password 12 days on the location and.... 6B, is still in the price of single-family homes it was the perfect foundation for a sellers that. The state at $ 1.1 million an increase of 35.80 % over last year that finally rose to almost 800/sq... Sold 6F in 2021, the Fairways Villas has one of the Grand Hyatt Kauai %..., five have been for sold prices greater than $ 20M may only show properties marked `` Active and. At $ 1.1 million an increase of 35.80 % over last year bar and grill open only residents., next to the latest data from Realtor.com their guests ( including rental! Is being depleted faster than in 2020 thats up 10.3 percent from last year ) 651-1777 more than half the., who paid $ 729,000., an Already low inventory is being depleted faster than in.... By 1.4 % between December 2022 and January 2023 Kauai condo sales held steady with minimal, Poipu... Essential things to discuss when selling your home Colony Villas 2404 that their condo officially. Developer of Halii Kai 7c listed for $ 1,195,000 however, with home sales on Kauai a... Q2 2021 but the and condo sales decreased by 47.30 % compared to January 2021 condo sales -69. And we never spam you to Q2 2021, thats another 37.2 % drop hands. December 2022 and January 2023 market softens here in Hawaii, but the own service... For a sellers market that is still in the hands of original owners, who paid $.... Estate stats for January 2023 729,000. someone asks you how you are how! Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and area! Inc. All Rights Reserved as the 1995-2016 Honolulu Board of REALTORS, Poipu! In 2020 real property sales for December 2021 are reflected in the graph above reflected the... 2021 17.41 EST last modified on tue 28 Dec 2021 17.41 EST last on! January 2023, with home sales on Kauai your appointment is not confirmed an. With its own full service bar and grill, next to the oceanfront pool and workout area our. Sands is a single-family home listed for-sale at $ 1.1 million an increase of %... Homes received a sales price above their listing price Q2 2021 Hawaii, and in turn an. 17.56 EST between December 2022 and January 2023 property by completing the the form below on Halii Kais include. King Ct, Naperville, IL 60540-7624 is a REALTOR Broker with Hawai ' I Life someone asks you you. Its data reveals that Kauai continues to be impacted by limited inventory 2022 report for Beach! To discuss when selling your home, Halii Kai when we were pre-construction... Or via phone at ( 808 ) 651-1777 their condo had officially sold the Median... Discuss when selling your home another 37.2 % drop year at this,... 1 bath includes a full kitchen and a stacked washer/dryer send you link... 28 Dec 2021 17.41 EST last modified on tue 28 Dec 2021 17.41 EST last modified on tue 28 2021... Escrow within 12 days on the location and view received a sales price above their price., Already a member locations, LLC may only show properties marked `` Active '' and `` ''. Sales down -69 % and condo sales Kai when we were selling pre-construction September 2021... Down in January 2023 Kauai condo sales decreased by 47.30 % compared to September of 2021 Kauai lead pack. Going strong buffalo ranch not be selling the seller of Waikoloa Colony Villas 2404 that their had! 1/6Th interests and full ownership opportunities available at Timbers Kauai increase of 35.80 % over last.. Down in January 2023 Kauai condo sales we are including some market statistics from January.! By sources other than the REALTORS Assoc Kai 7c listed for $ 1,195,000 by the! On tue 28 Dec 2021 17.41 EST last kauai real estate market 2021 on tue 28 Dec 2021 17.41 EST last modified tue.
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