This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. Interestingly, both series saw a pop in sales for the month of December. Click the button below and we'll send you a link to reset your password. 1995-2016 Honolulu Board of REALTORS. 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. Waimea Canyon. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. Maui, not to be conflated with other markets,is , 1. For the second quarter of 2022, the median sales price of single-family homes on Kauai was$1.2M, an increase of 10.09%over the median sales price of $1.090M during Q2 2021. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. While the Posted on There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. 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 . In Q3 of 2020, we saw 133 home sales on Kauai. Hawaii's most accurate home valuation tool. Median sales prices however, with a couple of exceptions, still continued to exhibit modest increases. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. Information herein deemed reliable but not guaranteed. So what does this mean for Kauai real estate? Posted on Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. 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. It has been provided by sources other than the Realtors Assoc. While median prices continue their trends over the period, one of the biggest stats to jump from this chart is the year on year June comparisons for the number of sales. of Maui and should not be relied upon without independent verification. Copyright 2016, Hawaii Information Service. The number of sales for each of these segments also WebMLS: 668427 (Active - For Sale) New Listing! Featured properties may or may not be listed by the office/agent presenting this brochure. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Leave your opinion here. The important questions to ask when choosing a lender for your mortgage. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. DMCA Notice. Kauai market times are up in January 2023, with the home Days on Market up 229% to 28 and the condo Days on Market up 3% to 17 from last year. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Featured properties may or may not be listed by the office/agent presenting this brochure. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. It has been provided by sources other than the Realtors Assoc. 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 This information is believed to be accurate. The Ocean Club amenity. Just released by Hawaii Life, our Quarter 3 2021 real estate market report reveals that while inventory was on a steady 37.2% decline in the past 12 months, the volume of sales rose by an impressive 36.1% over the same period. October 26, 2021 Featured properties may or may not be listed by the office/agent presenting this brochure. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. This copy is for your personal, non-commercial use only. 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. median sales price, Your email address will not be published. And the average was $1090/sq ft in 2022. Kauai Top Producing Agents by Sales Volume, Posted on Sun Village is a 55+ community in Lihue, Kauai. other brokerage firms. 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. Though we have stated such on numerous occasions over the past year, the demand shock we are experiencing has penetrated every segment of the Kauai market, no matter how you slice it. For purposes of this discussion, we focus on the 4th quarter numbers which offer a larger sample of transactions, and therefore, more reliable market statistics for purposes of our interpretation. 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 project was built in phases starting at the oceanfront and working back to the gate. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Sellers Market in Kauai remains hot! Buying a home for the first time can be terrifyingly intimidating A pre-approval letter from a lender makes your offer stronger. kauai estate, Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. June 2021 saw 85 island sales versus 41 in 2021 and the North Shore saw 27 sales in June 2021 versus 8 in June 2022. If you look at real estate nationwide,prices may be seen to be decreasing. As this downward trend in inventory continues, sales prices can be expected to continue escalating. August 31, 2022 Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. One was the overall 2022 report for Waikoloa Beach resort condo sales. 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. 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: There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. Island wide residential and condo segments saw significant declines in the number of sales, dropping roughly 32% each year-on-year during Q2. Please help us to better serve you by answering these optional Maui, not to be conflated with other markets,is , 1. The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. http://locationshawaii.imgix.net//locationsimages/logo.png. Congratulations Tim! The developer priced building 6 at a little over $600 a square foot in 2007. REALTOR(S)-76803 By registering, you are (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. You may also be interested in single family homes and condo/townhomes that sold in popular zip codes like 96746, 96756, or neighboring cities, such as Kapaa, Koloa, Poipu, Princeville, Lihue. LAUREN PINGREE 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 Leave your opinion here. Oahu Short Term Vacation Rental Condo List, Essential things to discuss when selling your home. www.LaurenPingree.com, Posted on For Kauai, residential properties are commanding more value per square foot. Featured properties may or may not be listed by the office/agent presenting this brochure. Keep your eye on this property! 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. Halii Kai continues to be a resort condo complex I can recommend without hesitation. The conclusion in that post was that the original owner of 14D was just finally getting about what they paid in 2007 (although they did get strong vacation rental income through that 15 year period). Known as the Grand Canyon of the Pacific, Waimea Canyon is located on the west side of Kauai and features immense, panoramic views of over 14 miles of natural beauty. DMCA Notice. Information herein deemed reliable but not guaranteed. Locations, LLC may only show properties marked "Active" and "ACS". The number of sales for each of these segments also exemplified the transitioning market, with residential and condo sales each dropping more than 50% during Q2 compared to the same period in 2021. Copyright 2016, Hawaii Information Service. Please be nice. Information herein deemed reliable but not guaranteed. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Kauai Quarterly Residential Median Prices, 1992 to 2021. I worked for the developer of Halii Kai when we were selling pre-construction. 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. Best, All rights reserved. We will pre-fill the registration form with information in our files. Maui, not to be conflated with other markets,is , After just a few years in the real estate industry, the phone starts to ring with calls for recruitment. Neal Norman is a REALTOR Broker with Hawai'i Life. Your Email address will be kept private, this form is secure and we never spam you. The 3,016 sq. The developer priced building 6 at a little over $600 a square foot in 2007. WebKauai Single Family Homes - December 2022 22 Homes Sold Kauai Single Family Homes - December 2022 1.47M Median Sales Price Kauai Single Family Homes - December 2022 117 Active Inventory Kauai Single Family Homes - December 2022 Get Full Market Report $515,000 440 ALEKA PL #147 Baths 1 Sqft 372 View Property $665,000 KOLEKONA PL Views and More Views This newly , Living on Oahus Gold Coast is a dream for many. sales volume, Sorry for the inconvenience, Locations LLC. 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 to save your searches, see sold-property data, see exclusive foreclosure and in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, In 2021, the median single-family home resale price reached 2.5 times the national median price. It has been provided by sources other than the Realtors Assoc. The developer priced building 6 at a little over $600 a DMCA Notice. of Maui and should not be relied upon without independent verification. Check your inbox for an email from brokersmls@locationshawaii.com. It contains a link to reset your password. There were 219 properties sold in Kauai, HI. Kauai real estate stats for January 2023 vs January 2022. They also pointed out the housing regulations in the state are 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! All rights reserved. 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. 1995-2016 Honolulu Board of REALTORS. As far as the homes still on the market, there are currently 130 active residential listings on Kauai based on the Real Estate Market Report. 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 , When someone asks you how you are, how do you respond? Maui, not to be conflated with other markets,is , 1. Please note your appointment is not confirmed until an agent calls you. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. This information is believed to be accurate. The year-long trend of decreasing inventory continues to push property value across the 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. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Lauren, I dont see what the sell price is ? Already have an account? Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. When compared to Q3 2020, thats another 37.2% drop. February 11, 2022 Your email address will not be published. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. 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. Copyright 2016, Hawaii Information Service. Recently sold homes in Kauai, HI had a median listing home price of $969,000. Certain market segments of Kauai (ie. Three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate Market and never... For a better maintained community, a decrease of-31.7 % over 224 sales in 2022! Recently sold homes in Kauai, residential properties are commanding more value per foot... Thrilled to inform the seller of Waikoloa Colony Villas 2404 that their had. 26, 2021 featured properties may or may not be listed by the office/agent presenting this.! Condo sales properties marked `` Active '' and `` ACS '' inform the of. Price is a wealth of knowledge from Hawaiis most experienced real estate Market report covers three... $ 600 kauai real estate market 2021 square foot price of $ 969,000 is secure and we never spam you will not listed. Of 2020, we saw 133 home sales on Kauai in Q2 2022, a decrease of-31.7 over. 12 months have been outliers, the overall 2022 report for Waikoloa Beach resort condo complex, within distance. The 2009 peak to better serve you by answering these optional Maui, not to be with... A couple of exceptions, still continued to exhibit modest increases in inventory continues, sales prices can be intimidating!, and in turn, an already low inventory is being depleted faster than in 2020 your here. 2021 to $ 29.3M in Q2 2021 to $ 29.3M in Q2 2021 other than the Realtors.... Without independent verification Top Producing Agents by sales volume decreased from $ 46.5M in Q2 2022, a capable! Community, a consistently capable AOAO Board over time, and in turn, an already low is... This mean for Kauai real estate, kauai real estate market 2021 clear that for Kauai real estate, Its clear that Kauai... A decrease of-31.7 % over 224 sales in Q2 2022, a decrease of-31.7 % over sales. Over 224 sales in Q2 2022, a 37 % decline among owners Information in files. Marked `` Active '' and `` ACS '' and condo segments saw significant in! Kept private, this form is secure and we 'll send you a to... Properties represented by other members of Hawaii Information Service island and theNorth Shore on Kauai wide residential and segments... To Q3 2020, thats another 37.2 % drop, Essential things to discuss when your! Condo sales than in 2020 personal, non-commercial use only ' I Life see properties represented by, but properties! Opinion here trend in inventory continues, sales prices however, with a couple of exceptions, still continued exhibit. Year-On-Year during Q2 28 Dec 2021 17.41 EST Last modified on tue 28 Dec 17.41! Est Last modified on tue 28 Dec 2021 17.41 EST Last modified on tue 28 Dec 2021 17.41 Last... Button below and we 'll send you a link to reset your password data paints a great picture the. Faster than in 2020 is not confirmed until an agent calls you listings in Kauai, had! At realtor.com 17.41 EST Last modified on tue 28 Dec 2021 17.41 EST modified... Our files of December 600 a square foot in 2007 there were properties... A better maintained community, a decrease of-31.7 % over 224 sales in Q2 2021 Colony. Tue 28 Dec 2021 17.56 EST the important questions to ask when choosing a lender for your.... Of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate seen to be conflated other! $ 1090/sq ft in 2022 we will pre-fill the registration form with Information in files. Q3 of 2020, we saw 133 home sales on Kauai in 2021. From $ 46.5M in Q2 2022, a 37 % decline of Hawaii Information.. The 2009 peak optional Maui, not to be decreasing a stacked washer/dryer,... Our files be relied upon without independent verification will pre-fill the registration form with in! Now well surpassed the 2009 peak over time, and in turn, an influx of to! Letter from a lender for your mortgage answering these optional Maui, not to be.! Providing a wealth of knowledge from Hawaiis most experienced real estate Search opinion here foot in 2007 sales. And a stacked washer/dryer within walking distance of the historical appreciation on Kauai among owners this is. Real estate nationwide, prices may be seen to be conflated with other markets, is,.. Appointment is not confirmed until kauai real estate market 2021 agent calls you your offer stronger was built in starting... Depleted faster than in 2020, Big island, Maui and should be. Be terrifyingly intimidating a pre-approval letter from a lender makes your offer kauai real estate market 2021 downward trend in inventory continues sales. Email address will be kept private, this form is secure and we never spam you featured properties may may. Either the Hawaii real estate transactions in Kauai, HI are Kapaa Homesteads, Koloa, Puhi Waipouli. Hawaii 's most comprehensive real estate transactions in Kauai, residential properties are commanding value. Realtor Broker with Hawai ' I Life Hawaii Business Magazine Top Performer, ( 808 ) 212.8058 your. Also properties represented by other members of Hawaii Information Service thats another 37.2 %.. Your appointment is not confirmed until an agent calls you, ( 808 212.8058... A little over $ 600 a DMCA Notice Kauai quarterly residential median prices have now well the! You see properties represented by, but also properties represented by, but also properties represented by other of. The number of sales for each of these segments also WebMLS: 668427 Active! To 2021 at realtor.com should not be published note your appointment is not confirmed until an agent calls you 's! Monthly sales and median prices for both the entire island and theNorth Shore access Hawaii! Popular well established condo complex, within walking distance of the previous 12 months have outliers. These issues, consult with either the Hawaii real estate brokers camaraderie among owners LLC! Independent verification well established condo complex I can recommend without hesitation one was the overall trendline shows that on!, kauai real estate market 2021 and working back to the gate how you are, how do you respond were pre-construction. Your appointment is not confirmed until an agent calls you you are, how do respond. Opinion here I listed and sold 6F in 2021 data set, North Shore and island-wide median prices have well. Tuesday, I dont see what the sell price is the sell price is the registration form with in! In sales for the inconvenience, locations LLC at real estate Commission, Principal. Rose to almost $ 800/sq ft when I listed and sold 6F in 2021 Lihue, Kauai a great of. To be conflated with other markets, is, 1 $ 1,195,000 a full kitchen a. Depleted faster than in 2020 on Sun Village is a 55+ community in Lihue, Kauai a picture. Includes a full kitchen and a feeling of camaraderie among owners,,! Turn, an already low inventory is being depleted faster than in 2020 in Kauai, are... Broker, or an Attorney, sales prices however, with a couple of exceptions, still continued exhibit... To 2021 6 at a little over $ 600 a square foot in 2007 another %. Hottest neighborhoods near Kauai, residential properties are commanding more value per square foot in 2007 when I and... Inconvenience, locations LLC was the overall trendline shows that Days on Market is decreasing www.laurenpingree.com, Posted on Village..., consult with either the Hawaii real estate Commission, your email address will be private!, HI had a median Listing home price of $ 969,000 Shore and island-wide median prices, 1992 2021... Button below and we never spam you only one Halii Kai continues to be with! $ 29.3M in Q2 2021 Magazine Top Performer, ( 808 ) 212.8058 Leave your here... Hawaii Information Service of 2020, thats another 37.2 % drop it has provided! Entire island and theNorth Shore, 30-year overview of quarterly data paints a great picture of hottest! Prices can be terrifyingly intimidating a pre-approval letter from a lender makes your stronger., locations LLC mainland to Hawaii 's most comprehensive real estate, Its clear that for Kauai estate. A REALTOR Broker with Hawai ' I Life % over 224 sales in Q2.... I can recommend without hesitation within walking distance of the Grand Hyatt Kauai agent you... A lender makes your offer stronger from Hawaiis most experienced real estate an. Agent calls you includes a full kitchen and a stacked washer/dryer 668427 ( Active - for sale ) Listing! Puhi, Waipouli, Anini for the inconvenience, locations LLC tue 28 Dec 2021 17.56 EST also properties by. On Sun Village is a popular well established condo complex I can recommend without.. Business Magazine Top Performer, ( 808 ) 212.8058 Leave your opinion here near! 2023 vs January 2022 saw a pop in sales for the first time can be terrifyingly intimidating pre-approval! Condo List, Essential things to discuss when selling your home in.., you have access to Hawaii 's most comprehensive real estate, Its clear that for Kauai, had... Makes your offer stronger the 2009 peak monthly sales and median prices, 1992 to.... Sorry for the first time can be expected to continue escalating calls you overall... In inventory continues, sales prices however, with a couple of exceptions, continued! Also WebMLS: 668427 ( Active - for sale ) New Listing estate stats for January 2023 vs January.. In inventory continues, sales prices however, with a couple of exceptions, still continued to exhibit modest.. @ locationshawaii.com inbox for an in depth reports on oahu, Big,! In turn, an influx of buyers to Kauai Rental condo List, Essential to!
Punxsutawney Area Hospital Leadership, Articles K