Waimea Canyon. Kauai real estate stats for December 2022 vs December 2021. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Of these 11, five have been for sold prices greater than $20M. Kauai Quarterly Residential Median Prices, 1992 to 2021. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Leave your opinion here. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Privacy Policy. Halii Kai continues to be a resort condo complex I can recommend without hesitation. All rights reserved. October 26, 2021 Explore more of our beautiful listings at www.nealnorman.com. Featured properties may or may not be listed by the office/agent presenting this brochure. sales volume. All rights reserved. Kauai Quarterly Residential Median Prices, 1992 to 2021. Email me to request a copy. LAUREN PINGREE I worked for the developer of Halii Kai when we were selling pre-construction. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. It was the perfect foundation for a sellers market that is still going strong. January If youd like to explore the numbers a bit deeper, check out the market snapshot below for Q2 2022, or via the following links for enlarged versionsKauai Snapshot Q2 2022. 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. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. Four of the past five months have seen island-wide median sales prices that were greater than $1M, and June of 2021 has seen sales activity that stands alone (by a wide margin) compared to any of the other data points in the series. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. Share this property by completing the the form below. It has been provided by sources other than the Realtors Assoc. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. Sorry for the inconvenience, Locations LLC. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Professional protocol requires agent to set up an appointment with the
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, Aliomanu Estates, Your email address will not be published. Kauai real property sales for November 2021 are reflected in the graph above. The report also shows a rise in the price of single-family homes. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, The year-long trend of decreasing inventory continues to push property value across the of Maui and should not be relied upon without independent verification. Featured properties may or may not be listed by the office/agent presenting this brochure. Explore more of our beautiful listings atwww.nealnorman.com. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Neal Norman is a REALTOR Broker with Hawai'i Life. 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! Register you can either select a new agent or one will be assigned for you. Posted on The project was built in phases starting at the oceanfront and working back to the gate. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. I had buyers for it in 2007, but they upgraded to 9C for more view. DMCA Notice. This information is believed to be accurate. You are one of twenty-six 2022 Gold Circle Award recipients, representing the top 20% of Corcoran Pacific agents. Please be nice. This information is believed to be accurate. By Team Mira. Leave your opinion here. 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. Halii Kai is an oceanfront condominium complex in Waikoloa Beach Resort on the Kohala Coast. 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. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. 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. Youll have access to thousands of homes for sale that are currently on the market. If you look at real estate nationwide,prices may be seen to be decreasing. August 31, 2022 This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Send a message and we'll respond shortly. Required fields are marked *. 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: Please note your appointment is not confirmed until an agent calls you. 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. There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. Your Email address will be kept private, this form is secure and we never spam you. Your Email address will be kept private, this form is secure and we never spam you. We greatly appreciate your trust in us with your real estate business which propelled us to being #1 in Sales Volume in the State of Hawaii in 2021 and to #29 overall nationwide, according to Real Trends. Beth Thoma Robinson is a REALTOR Broker, Director, Conservation and Legacy Lands , BIC with Hawai'i Life. 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. Your email address will not be published. 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. This conveniently located 4.41-acre estate property with ocean-to-mountain views features a contemporary-style home, an abundant fruit orchard, and multiple accessory buildings located mere minutes away from sandy Aliomanu Beach. Hawaii's most accurate home valuation tool. While there are current concerns about inflation and economic slowdown on the mainland, the report indicates that the sellers market on Kauai remains strong. To compensate for our tardiness, we are including some market statistics from January 2022. Market Update, Posted on Your email address will not be published. Information herein deemed reliable but not guaranteed. They were then able to reduce pricing during the down market that started in 2009. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 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. WebKauai Real Estate Market Report, Q4 2021 2021 Q1-Q3 HAWAII LUXURY MARKET REPORT About Us Client Testimonials Team Bios Kauai Real Estate Blog Contact Us Wow, what you both do to support in the process of real estate transactions is a remarkably elevated bar of sophistication. - Rex Beasley, Engineer & President at Avoid headaches with our guide. 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. Sun Village is a 55+ community in Lihue, Kauai. Check your inbox for an email from brokersmls@locationshawaii.com. While searching for short-term rentals online, her husband noticed a listing that also was for sale. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. View more property details, sales history and Zestimate data on Zillow. Leave your opinion here. This information is believed to be accurate. Nationally, U.S. median home prices held steady from June to July at $385,000. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. 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. Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! Keep your eye on this property! The , When someone asks you how you are, how do you respond? top agents. While this covid effect has carried weight across the broader US real estate market and many international real estate markets, the structural features of Kauais surge, such as long term supply constraints and demand side demographics, suggest that some of Kauais market segments may be resilient to the inevitable market contraction that will happen down the road. 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. 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. Sun Village is a. According to Q3 reports, the average Days on Market (DOM) was 84 versus 86 in Q3 of 2020. In our effort to better inform you, whether a you are a buyer or seller, we are providing a number of relevant sources to reference. The . Please be nice. 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. Youll also be able
110B 1995-2016 Honolulu Board of REALTORS. Halii Kai 6C is an interesting case in point. 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. Kauai Top Producing Agents by Sales Volume, Posted on On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. Your email address will not be published. in Hawaii, Kauai, Market Intelligence, Sales, Kauai, When compared to Q3 2020, thats another 37.2% drop. February 11, 2022 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. It has been provided by sources other than the Realtors Assoc. Recently sold homes in Kauai, HI had a median listing home price of $969,000. 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. Any particular reason(s)? The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. And the average was $1090/sq ft in 2022. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Featured properties may or may not be listed by the office/agent presenting this brochure. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. Your Email address will be kept private, this form is secure and we never spam you. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. 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. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 47 Kauai residential homes, 18 vacant Kauai land properties, and 52 Kauai condos were This is just another depiction of a market displaying a lot of activity and strong values. 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. 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. Kauai Market Report, In our effort to better inform you, whether a you are a buyer or seller, we are providing a number of relevant sources to reference. kauai estate, Congratulations Tim! 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. Explore more of our beautiful listings atwww.nealnorman.com. The current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. Locations, LLC may only show properties marked "Active" and "ACS". Please be nice. Privacy Policy. Your Email address will be kept private, this form is secure and we never spam you. What is LocationsHawaii.com? Sellers Market in Kauai remains hot! 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 Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Contact me here. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore, and is another example of the slowing activity in the number of sales. Quarter on quarter to last year, we have witnessed a more than 300% increase in island-wide residential sales volume sales volume hit $457.9M in Q2 2021 compared to $113.6M in Q2 2020. Inventory continues its downward trend as the Inventory continues its downward trend as the number of homes available for sale contracts steadily. Since the start of this year, there have been 11 sales at sold prices greater than $10M (there is one additional currently in escrow). Kauais Home Market is So Hot, Buyers Are Snapping Up Properties Sight Unseen The Hawaiian island has become a major destination for primary and secondary One was the overall 2022 report for Waikoloa Beach resort condo sales. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. 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 downward trend indicates a move towards more of a Sellers market. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. Koloa, HI 96756. WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. We will not rent, share, or sell your information. 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. January 11, 2023. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Thank you! The 3,016 sq. Best, You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. 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. It contains a link to reset your password. Thats up 10.3 percent from last year at this time, according to the latest data from Realtor.com. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. Required fields are marked *. Posted on Posted on I wrote two blog posts that taken together pretty much explain the real estate market for Halii Kai at Waikoloa Beach Resort during 2022. 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. This copy is for your personal, non-commercial use only. 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. 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. of Maui and should not be relied upon without independent verification. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. in Hawaii, Kauai, Sales, Kauai, Market Update. The real estate market inventory on Kauai continues to be whittled down. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. Request an appointment to view this property by completing the information below. Waikoloa Beach Resort. DMCA Notice. Kauai Living, At risk of sounding like a broken record, our late installment of this market update is thanks to a very busy quarter and start of 2022 (once again). 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. Your email address will not be published. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. So what does this mean for Kauai real estate? The developer held and finally sold for only $575,000 in 2010. sales volume, Copyright 2016, Hawaii Information Service. Required fields are marked *. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. 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. Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. Interested to know more? This 3 bedroom, 3 bath Condo at 3770 Ala 'Oli Way 2201 Lihue 96766 Located in HOKUALA MLS 668427 has been listed on LocationsHawaii.com for 2 days and has been priced at $445,000. Lauren, I dont see what the sell price is ? Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). The developer priced building 6 at a little over $600 a square foot in 2007. WebSee previous blog post for prior months statistics. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Location, location, location. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Island wide residential sales volume hit $312.3M during this past quarter, a 31.9% decline from Q2 2021, yet a very strong number nonetheless. Click the button below and we'll send you a link to reset your password. Log In. It has been provided by sources other than the Realtors Assoc. Leave your opinion here. Please contact your agent for access to LocationsHawaii.com. 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 When single-family homes on Kauai did sell after their brief presence on the real estate market, the average sales price was 65.6% more than in Q3 of 2020, coming in at $1.903M. In Q3 of 2020, we saw 133 home sales on Kauai. The same descriptive statistics are even more pronounced for the North Shore residential and condo markets with larger declines in sales volume and number of sales but larger increases in median sales prices. Your Email address will be kept private, this form is secure and we never spam you. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. The . Ten Halii Kai condominiums sold in 2022, at prices from $1,205,000 for Halii Kai 6C, the smaller 2 bedroom with a bit of ocean view to $2,249,100 for Halii Kai 14D, the oceanfront larger 2 bedroom featured in the history blog post. Lastly, residential median prices for the North Shore rose 17% from $1.8M to $2.1M and condo median prices for the North Shore jumped 33% from $865K to $1.15M during Q2 compared to Q2 21. This information is believed to be accurate. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. listings agent to show a property. July 13, 2021 It has been provided by sources other than the Realtors Assoc. Hawaii Lifes 2022 Midyear Luxury Market Report is also available now. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. 1995-2016 Honolulu Board of REALTORS. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Your friend will receive an e-mail from you with a link to view the details of this property. 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 WebMLS: 668427 (Active - For Sale) New Listing! sales. There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%.