Princeville Kauai Real Estate Update for Oct 21 to Oct 27

Aloha from Princeville Kauai!

Cannot believe it is almost Halloween. Besides the fact that I can’t believe we’re at the end of October already, the presence of Christmas decorations in the stores makes it hard to keep track of holidays. Seems they just blew through Thanksgiving without giving it a thought and plowed right on to Christmas.

I hope you are ready for the end of 2018 because it is just right around the corner. If you were planning to buy or sell this year, you’re running out of time. Here is your update:

New Listings

622520 CND A 1 $465,000 4-5-4-5-4-6 FS MAUNA KAI #6A 1,503 sqft 2 2.00
622553 CND A 3 $1,295,000 4-5-4-11-3-13 FS Hanalei Bay Resort #4104/5/6 1,705 sqft 3 3.00

Contingent Sales

619482 CND C 96 $689,000 4-5-4-5-15-7 FS PALIULI #7 1,337 sqft 2 2.00

Sales

619407 CND S 26 $450,000 4-5-4-15-21-16 FS SANDPIPER #116 1,042 sqft 2 2.00
SOLD 10/22/2018 for $450,000 (CNV) DOM 26

619509 CND S 60 $570,000 4-5-4-5-18-94 FS PUAMANA #26A 1,214 sqft 2 2.00
SOLD 10/25/2018 for $520,000 (CNV) DOM 60

Temporarily Withdrawn

618787 CND T 119 $578,000 4-5-4-5-30-7 FS MAUNA KAI #F7 1,280 sqft 2 2.00

Price Changes

617002 CND A 199 $449,000- 4-5-4-5-7-9 FS SEALODGE #B1 566 sqft 1 1.00
620249 CND A 75 $609,000- 4-5-4-5-23-57 FS PLANTATION #1511 1,153 sqft 2 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.

New Listings:

Mauna Kai 6A is available for $465K. It was purchased for $405K in 6/17. Hanalei Bay Resort 4104/5/6 is priced at $1.295M since last selling for $950K in 6/08.

Contingent:

After 93 days, Paliuli 7 is in escrow while listed for $689K. The last sale was for $615K in 12/15.

Sales:

Sandpiper 116 sold for the list price of $450K. The only other sale was from the developer in 7/85 for $88K. Puamana 26A sold for $520K while listed for $570K. It sold before for $328,500 in 6/13.

Temporarily Withdrawn:

After only 119 days, Mauna Kai F7, which is priced at $578K, was temporarily withdrawn. The last sale was for $350K in 8/14.

Price Changes:

Sealodge B1 sold for $280K in 10/15. This week it reduced from $459K to $449K. Plantation 1511 is now $609K after reducing from $619,900. The last sale was for $644K in 4/06.

Now on to your Princeville Kauai single family home update, which is sparse, to say the least!

New Listings

622183 RES A 5 $1,200,000 4-5-4-23-66 FS 3783 Makani O Kalani Pl 8,319 sqft 1,709 sqft 3 2.00

Price Changes

618191 RES A 159 $674,900- 4-5-4-13-68 FS 3691 ALBERT RD 10,129 sqft 1,608 sqft 3 3.00
618844 RES A 129 $2,675,000- 4-5-4-8-62 FS 3812 PUNAHELE RD 14,573 sqft 3,100 sqft 3 2.01

New Listings:

3783 Makani O Kalani sold for $667K in 10/13. It comes on the market at a new high for a Mili Makani home at $1.2M.

Price Changes:

3691 Albert went from $699K to $674,900. This is an REO, foreclosed on by the bank in 2/18. 3812 Punahele is now priced at $2.675M, down from $2.7M. The seller paid $2.2M in 3/17.

With only 69 sales as of today, Sunday, we’re a long way away from the 132 sales from last October. Interestingly, number of year to date sales are at 1059 which is 9 more sales than this time last year. As for sales volume, $949,060,816 has been spent on real estate so far this year, which is well above the $752,622,886 spent at this time last year.

If you are looking to buy or sell, put my experience and the RE/MAX name recognition to work for you. Get the facts, first! In the meantime, enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

Beautiful mountain backdrop with colorful surfboards lined up looking to mountain

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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