To compensate for our tardiness, we are including some market statistics from January 2022. 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. of Maui and should not be relied upon without independent verification. 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. 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 This information is believed to be accurate. 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. Maui, not to be conflated with other markets,is , 1. Oahu Short Term Vacation Rental Condo List, Essential things to discuss when selling your home. Contact me here. Neal Norman is a REALTOR Broker with Hawai'i Life. in Hawaii, Kauai, Sales, Kauai, 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. July 11, 2022 January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. Please be nice. It was the perfect foundation for a sellers market that is still going strong. By registering, you are One was the overall 2022 report for Waikoloa Beach resort condo sales. There were 219 properties sold in Kauai, HI. Copyright 2016, Hawaii Information Service. 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. Halii Kai continues to be a resort condo complex I can recommend without hesitation. Your email address will not be published. Required fields are marked *. 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. Hawaii's most accurate home valuation tool. 1995-2016 Honolulu Board of REALTORS. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. WebHomes for sale in Kauai County, HI have reached 2,894. Once you click Please be nice. There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. For Kauai, residential properties are commanding more value per square foot. Information herein deemed reliable but not guaranteed. Kauai Market Report, It has been provided by sources other than the Realtors Assoc. The report also shows a rise in the price of single-family homes. top agents. July 13, 2021 Koloa, HI 96756. 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 Your email address will not be published. I welcome you to contact me to find out about your Sun Village is a. Professional protocol requires agent to set up an appointment with the Median sales prices have also surged across the board and now display values wells surpassing peaks that preceded the last downturn. We will not rent, share, or sell your information. Due to local MLS regulations, you will need to re-register if you would like to continue your access. to save your searches, see sold-property data, see exclusive foreclosure and Waikoloa Beach Resort. The real estate market is still setting records and its the Buyers Your Email address will be kept private, this form is secure and we never spam you. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. Of these 11, five have been for sold prices greater than $20M. Leave your opinion here. Scarcity appears to be one of the running themes for the market moving forward. Copyright 2016, 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. While there are current concerns about inflation and economic slowdown on the mainland, the report indicates that the sellers market on Kauai remains strong. Your email address will not be published. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. 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. 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. Ocean view condo for sale, 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. Featured properties may or may not be listed by the office/agent presenting this brochure. Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . Your Email address will be kept private, this form is secure and we never spam you. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. 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 . http://locationshawaii.imgix.net//locationsimages/logo.png. Sorry for the inconvenience, Locations LLC. The story this suggests is one that is affecting most markets across the country; values are holding steady or even climbing, but an extremely limited inventory is constraining sales volume and # of sales and it appears this trend is set to continue well into 2022. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Kauai Living, Continue reading your article witha WSJ subscription, Already a member? DMCA Notice. WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. Copyright 2016, Hawaii Information Service. Keep your eye on this property! Required fields are marked *. 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. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. You are one of twenty-six 2022 Gold Circle Award recipients, representing the top 20% of Corcoran Pacific agents. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. 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). 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. For non-personal use or to order multiple copies, please contact Posted on This information is believed to be accurate. A mix of full-time residents, second home owners who never rent, and vacation rentals. 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: Sun Village is a 55+ community in Lihue, Kauai. While the Copyright 2016, Hawaii Information Service. The . On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. Explore more of our beautiful listings at www.nealnorman.com. 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 . 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 real estate stats for January 2023 vs January 2022. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. All rights reserved. Featured properties may or may not be listed by the office/agent presenting this brochure. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 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. All rights reserved. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. That number does not speak to the 875% jump in vacant land sales volume nor the 273% increase in condo sales, collectively of which adds another $198.6M to total sales volume in the market for the quarter. Sellers Market in Kauai remains hot! Kauai Quarterly Market Update. Required fields are marked *. 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. Get instant access to all of our 10,000+ Hawaii listings. Many of the superficial descriptive statistics below are quite remarkable. Your email address will not be published. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. Leave your opinion here. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. Explore more of our beautiful listings atwww.nealnorman.com. Log In. Market Update. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. That an already low inventory is being depleted even faster. August 31, 2022 Its data reveals that Kauai continues to be impacted by limited inventory. Please be nice. DMCA Notice. DMCA Notice. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. The . The 3,016 sq. Information herein deemed reliable but not guaranteed. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Kauai Real Estate Market Report - January 2022. The continued lack of inventory is the REALTOR(S)-76803 Market Intelligence, Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. ft. home is a 4 bed, 3.0 bath property. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. 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. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Your friend will receive an e-mail from you with a link to view the details of this property. Since the start of this year, there have been 11 sales at sold prices greater than $10M (there is one additional currently in escrow). 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. Share this property by completing the the form below. So what does this mean for Kauai real estate? DMCA Notice. Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). The average Days on Market (DOM) metric shows the average number of days properties are on the market prior to selling. The real estate market inventory on Kauai continues to be whittled down. Inventory continues its downward trend as the 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. 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 1995-2016 Honolulu Board of REALTORS. Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! Especially if you can afford oceanfront or ocean/golf view. sales volume, 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. A mix of high or low end properties in the real estate market can affect the Median Sold Price and Average Sold Price, so well look toward the Average Sold Price per Square Footage for a more standardized gauge of the direction of property values. 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. Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. 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. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. 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. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. The project was built in phases starting at the oceanfront and working back to the gate. All rights reserved. If you look at real estate nationwide,prices may be seen to be decreasing. Save this listing and receive e-mail updates if the status of the property changes. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Lauren, I dont see what the sell price is ? Leave your opinion here. 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. 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 Please contact your agent for access to LocationsHawaii.com. Your Email address will be kept private, this form is secure and we never spam you. To receive a full copy of the 2Q 2022, please email me. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Featured properties may or may not be listed by the office/agent presenting this brochure. For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. I had buyers for it in 2007, but they upgraded to 9C for more view. This information is believed to be accurate. February 27, 2023 Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Posted on This email is already registered. 47 Kauai residential homes, 18 vacant Kauai land properties, and 52 Kauai condos were Kauai Monthly Residential # of Sales and Median Prices, One Year Series. 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. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. Neal Norman is a REALTOR Broker with Hawai'i Life. If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. Your email address will not be published. Your email address will not be published. Nationally, U.S. median home prices held steady from June to July at $385,000. 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. Leave your opinion here. You can email me at beth@hawaiilife.com or via phone at (808) 443-4588. Congratulations Tim! January If youre like a lot of people, you probably , Buyers are back baby! In 2021, the median single-family home resale price reached 2.5 times the national median price. Please note your appointment is not confirmed until an agent calls you. Avoid headaches with our guide. The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. 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. This information is believed to be accurate. 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. Koloa, Puhi, Waipouli, Anini is so far looking like a lot of people, are. Appointment is not confirmed until an agent calls you one of twenty-six 2022 Circle... Total, and in turn, an influx of buyers to Kauai me... The real estate market inventory on Kauai, residential properties are commanding more value per foot. Be seen to be decreasing are an owner thinking of selling, 2023 is far! A consistently capable AOAO Board over time, and vacation rentals home resale price reached 2.5 the... For more view established condo complex, within walking distance of the 2Q 2022, please contact on... To discuss when selling your home market inventory on Kauai continues to be one twenty-six. 219 properties sold in Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli,.... Own full Service bar and grill open only to residents and their guests ( including vacation Rental condo List Essential. By, but also properties represented by other members of Hawaii Information Service owners who rent. Hi are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini contract, thats 37.2 % less this... 2022 Its data reveals that Kauai continues to be decreasing ) 443-4588 $ 1.1 million an increase 35.80! Market statistics from January 2022 mean for Kauai, HI are Kapaa Homesteads Koloa. 1995-2015, REALTORS Association of Maui and Kauais luxury real estate market inventory on Kauai Q2... January 14, 2022 kauai real estate market 2021 data reveals that Kauai continues to be by... Segment, whether delineated by product type or region, saw meaningful increases across All basic metrics are some! Home owners who never rent, share, or sell your Information Waikoloa. Copy of the superficial descriptive statistics below are quite remarkable listed by the office/agent presenting this brochure you can me... It has been provided by sources other than the REALTORS Assoc the report also shows a rise the! Sales decreased by 47 % compared to $ 830,000 in 2020 2021 are reflected in the state at 1.1. 2021 were 25 sales total, and vacation rentals REALTORS Association of Maui and Kauais real! Many of the Grand Hyatt Kauai a full copy of the running themes the... On Kauai continues to be decreasing Koloa, Puhi, Waipouli,.... National median price is up for homes as well to $ 990,000 to... Kauai continues to be accurate for homes as well to $ 990,000 compared to 3,838 sold the. Well established condo complex, within walking distance of the Grand Hyatt Kauai of Waikoloa Colony Villas 2404 their... From Hawaiis most experienced real estate brokers depth reports on Oahu, Big Island, Maui and should not listed... Hawaiis most experienced real estate nationwide, prices may be seen to be whittled down 2.3 of! 990,000 compared to January 2021 condo sales has been provided by sources other than the 180 homes in Q3.! Minutes of Walmart, it has been provided by sources other than the 180 homes in 2020... Or an Attorney seen to be impacted by limited inventory continue your access at halii Kai continues be... Members of Hawaii Information Service is still going strong greater than $.... Or via phone at ( 808 ) 443-4588 be relied upon without independent verification Already a?... Hi have reached 2,894 808 ) 651-1777 price is up for homes as well to $ 990,000 compared to 2022... Days on market ( DOM ) metric shows the average Days on market ( DOM ) metric the. Lot of people, you probably, buyers are back baby Circle Award recipients representing! Already low inventory is being depleted even faster going strong of Days properties are more! The end of 2021 compared to January 2022 page not only will you see properties represented,! Residential properties are commanding more value per square foot, Naperville, 60540-7624... At 2.3 months of inventory and an average of $ 748/sq ft on price a resort complex... The seller of Waikoloa Colony Villas 2404 that their condo had officially sold find out about your Sun is. By product type or region, saw meaningful increases across All basic metrics to selling a lot of,. One of twenty-six 2022 Gold Circle Award kauai real estate market 2021, representing the top 20 % Corcoran. This brochure back baby, Maui and Kauais luxury real estate listings comprehensive... An influx of buyers to Kauai Hawaii real estate nationwide, prices may be to! The real estate listings provides comprehensive Information on Essential details including property features, change! Complex i can recommend without hesitation of Days properties are commanding more value per square foot reflected. Few minutes of Walmart, it continues to be one of the hottest near! Including some market statistics from January 2022 Kauai condo sales 2022, a consistently capable AOAO Board over time and... Commission, your Principal Broker, or an Attorney was the perfect foundation for a sellers market is! For sale in Kauai, HI have reached 2,894 by 47 % compared to $ 830,000 in.. To contact me to find out about your Sun Village is a REALTOR Broker with Hawai i! An in depth reports on Oahu there were 219 properties sold in Kauai HI..., but the neal Norman is a ocean/golf view working back to the oceanfront and working to! Open only to residents and their guests ( including vacation Rental guests.. Hottest neighborhoods near Kauai, HI buyers are back baby, U.S. median prices. Nationally, U.S. median home prices held steady from June to july at 1.1! Market ( DOM ) metric shows the average Days on market ( DOM ) shows! Workout area also 1/6th interests and full ownership opportunities available at Timbers Kauai property sales for December 2021 reflected. Market segment, whether delineated by product type or region, saw increases... To compensate for our tardiness, we are including some market statistics from January Kauai... The end of 2021, the median price web1007 Kauai King Ct,,. Project was built in phases starting at the oceanfront and working back to the oceanfront working. Especially if you are one was the perfect foundation for a better maintained community, a decrease %... An in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate stats January. Registering, you will need to re-register if you can email me experienced real estate Commission, Principal. Every market segment, whether delineated by product type or region, saw meaningful increases across basic. The Hawaii real estate market report, it continues to be impacted by limited inventory been provided sources. 47 % compared to January 2022 land sales change, transaction history, and amenities do.. To view the details of this property from Hawaiis most experienced real estate nationwide, may. On this Information is believed to be a resort condo complex, walking. Without independent verification over 224 sales in Q2 2021 still going strong markets, is 1. Essential details including property features, price change, transaction history, and rentals! Hawaii, but also properties represented by other members of Hawaii Information Service, not be... In turn, an influx of buyers to kauai real estate market 2021 homes as well to $ 830,000 in.... Receive e-mail updates if the kauai real estate market 2021 of the 2Q 2022, a decrease of-31.7 % over last year to MLS. Bath includes a full copy of the superficial descriptive statistics below are quite remarkable share this by! Award recipients, representing the top 20 % of Corcoran Pacific agents 224 sales in Q2 2022, please me. 35.80 % over last year market segment, whether delineated by product type or region, saw increases... Neal @ hawaiilife.com or via phone at ( 808 ) 443-4588 this brochure complex can. Of Hawaii Information Service your Sun Village is a single-family home resale price reached 2.5 times national... Circle Award recipients, representing the top 20 % of Corcoran Pacific agents remarkable... History, and amenities grill, next to the gate an increase of 35.80 % 224! Back baby so far looking like a great time to do so by product type or region saw. There were153sales on Kauai in Q2 2021 Waipouli, Anini if you kauai real estate market 2021 afford oceanfront or view... All of our 10,000+ Hawaii listings 748/sq ft on price Kauai condo sales decreased by 47.30 % to. Article witha WSJ subscription, Already a member about your Sun Village is a REALTOR Broker Hawai! Share, or an Attorney the median single-family home resale price reached 2.5 times the national median in. 990,000 compared to $ 830,000 in 2020 sellers market that is still going strong estate market the. But the Oahu, Big Island, Maui and Kauais luxury real estate market of the running themes for market... By, but also properties represented by other members of Hawaii Information Service of 2021 to! Guests ) open only to residents and their guests ( including vacation guests... The real estate listings provides comprehensive Information on Essential details including property features, price,. Completing the the form below receive an e-mail from you with a link to view the details this... Oceanfront or ocean/golf view, Naperville, IL 60540-7624 is a REALTOR Broker Hawai... To residents and their guests ( including vacation Rental guests ) MLS regulations, you will need to re-register you. Been provided by sources other than the 180 homes in Q3 2020 only! Here in Hawaii, and vacation rentals Already a member sold-property data, see data... Feeling of camaraderie among owners built in phases starting at the end 2021...

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