Required fields are marked *. Information herein deemed reliable but not guaranteed. .css-11kxzt3-Strong{font-weight:var(--font-weight-medium);}Six months into the Covid pandemic, Cynthia Cook was making dinner for her family in Northern California while her husband, John Cook, planned a getaway to Kauai, the northernmost of Hawaiis major islands. 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. Halii Kai 6C is an interesting case in point. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Your email address will not be published. Request an appointment to view this property by completing the information below. Sun Village is a 55+ community in Lihue, Kauai. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. 1995-2016 Honolulu Board of REALTORS. January 11, 2023. If youd like to explore the numbers a bit deeper, check out the market snapshots below for January 2022 and Q4 2021, or via the following links for an enlarge versionsKauai Snapshot January 2022+Kauai Snapshot Q4 2021. Copyright 2016, Hawaii Information Service. sales volume. 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. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM 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. WebMLS: 668427 (Active - For Sale) New Listing! There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. This email is already registered. 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. Views and More Views This newly , Living on Oahus Gold Coast is a dream for many. Please be nice. Recently sold homes in Kauai, HI had a median listing home price of $969,000. Copyright 2016, Hawaii Information Service. 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. Contact me here. The report also shows a rise in the price of single-family homes. 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. 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 number of sales for each of these segments also Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. July 13, 2021 The project was built in phases starting at the oceanfront and working back to the gate. 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. View more property details, sales history and Zestimate data on Zillow. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. 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. listings agent to show a property. Certain market segments of Kauai (ie. The developer held and finally sold for only $575,000 in 2010. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. Leave your opinion here. 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 That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Since the start of 2021, the Kauai real estate market has remained active. The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. One was the overall 2022 report for Waikoloa Beach resort condo sales. Kauai Monthly Residential Sales & Median Sales Prices. Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Your email address will not be published. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Your email address will not be published. Thats up 10.3 percent from last year at this time, according to the latest data from Realtor.com. 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & REALTOR, Real estate agents reveal the toughest home buyers they've ever met, Before You Buy, Look for Red Flags in the Neighborhood, Do Not Sell or Share My Personal Information. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! All rights reserved. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. In 2021, the median single-family home resale price reached 2.5 times the national median price. Inventory continues its downward trend as the number of homes available for sale contracts steadily. Kauai median sale price movement is mixed in January 2023, with the home price down -14% to $809,500 and the condo price up 56% to $764,950 from last year. Lihue 55+ living community, Sun Village, in escrow within 12 days on the market. 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. 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. 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. North Shore, Leave your opinion here. This is just another depiction of a market displaying a lot of activity and strong values. It has been provided by sources other than the Realtors Assoc. Ocean & Mountain View Acreage Property in Aliomanu Estates. Privacy Policy. Your email address will not be published. Locations, LLC may only show properties marked "Active" and "ACS". This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. Halii Kai is an oceanfront condominium complex in Waikoloa Beach Resort on the Kohala Coast. Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. 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. There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. Please note your appointment is not confirmed until an agent calls you. The developer priced building 6 at a little over $600 a They were then able to reduce pricing during the down market that started in 2009. Explore more of our beautiful listings at www.nealnorman.com. Buying a home for the first time can be terrifyingly intimidating A pre-approval letter from a lender makes your offer stronger. 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. Required fields are marked *. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. For the buyer, a mix of low inventory and a flood of other bidders can present some unique challenges, but our Hawaii Life experts have proven strategies to implement, helping the buyer be competitive so their offer is accepted. Check your inbox for an email from brokersmls@locationshawaii.com. WebSee previous blog post for prior months statistics. Many of the superficial descriptive statistics below are quite remarkable. in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, This information is believed to be accurate. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) DMCA Notice. 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 . The agent who gave you access to this website is no longer with Locations LLC. 1995-2016 Honolulu Board of REALTORS. 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. Information herein deemed reliable but not guaranteed. 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 3,016 sq. Market Update. Due to local MLS regulations, you will need to re-register if you would like to continue your access. Kauai Quarterly Residential Median Prices, 1992 to 2020. This information is believed to be accurate. We will pre-fill the registration form with information in our files. of Maui and should not be relied upon without independent verification. The , When someone asks you how you are, how do you respond? Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. Copyright 2016, Hawaii Information Service. Market Update, Your email address will not be published. Congratulations Tim! Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. 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. Explore more of our beautiful listings atwww.nealnorman.com. The year-long trend of decreasing inventory continues to push property value across the Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! 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. 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. Kauai Quarterly Residential Median Prices, 1992 to 2021. 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. Copyright 2016, Hawaii Information Service. This information is believed to be accurate. Neal Norman is a REALTOR Broker with Hawai'i Life. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. There were 219 properties sold in Kauai, HI. Your Email address will be kept private, this form is secure and we never spam you. I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Please be nice. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. This information is believed to be accurate. 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. 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. WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. North Shore, Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. median sales price, Posted on MLS # 11725998 Island wide residential and condo segments saw significant declines in the number of sales, dropping roughly 32% each year-on-year during Q2. 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. DMCA Notice. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. All rights reserved. There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. 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. 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. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. Kauai Real Estate Market Report - January 2022. 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. To compensate for our tardiness, we are including some market statistics from January 2022. North Shore, Maui, not to be conflated with other markets,is , 1. Your email address will not be published. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on 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. 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. Lauren, I dont see what the sell price is ? This oceanview Poipu condo, 1 bedroom, 1 bath ground floor unit sold for $995,000 with only 9 days on the market. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. This information is believed to be accurate. The Ocean Club amenity. Sun Village C212 Lihue 55+ condo, Just Listed! It contains a link to reset your password. Explore more of our beautiful listings atwww.nealnorman.com. of Maui and should not be relied upon without independent verification. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. other brokerage firms. Scarcity appears to be one of the running themes for the market moving forward. Hawaii Oceanfront Condo, Please contact your agent for access to LocationsHawaii.com. The developer priced building 6 at a little over $600 a square foot in 2007. If you look at real estate nationwide,prices may be seen to be decreasing. According to Q3 reports, the average Days on Market (DOM) was 84 versus 86 in Q3 of 2020. Your Email address will be kept private, this form is secure and we never spam you. Your email address will not be published. The downward trend indicates a move towards more of a Sellers market. LAUREN PINGREE 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. DMCA Notice. Of these 11, five have been for sold prices greater than $20M. 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. It has been provided by sources other than the Realtors Assoc. in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, For now, all signs point to a continued strong Kauai market with ample activity and strong value. 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. It was the perfect foundation for a sellers market that is still going strong. Waikoloa Beach Resort. DMCA Notice. Maui, not to be conflated with other markets,is , 1. Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: Please be nice. While the Market Intelligence, Leave your opinion here. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. It has been provided by sources other than the Realtors Assoc. Share this property by completing the the form below. Sun Village is a. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. While there are current concerns about inflation and economic slowdown on the mainland, the report indicates that the sellers market on Kauai remains strong. Youll also be able
Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. The real estate market is still setting records and its the Buyers If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. Professional protocol requires agent to set up an appointment with the
We will not rent, share, or sell your information. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Your Email address will be kept private, this form is secure and we never spam you. 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. LaurenPingree@HawaiiLife.com To start your real estate search, simply enter your property type whether a home, condo, townhouse, or vacant land and then your specific location. Explore more of our beautiful listings atwww.nealnorman.com. Required fields are marked *. The current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. Posted on our Subscriber Agreement and by copyright law. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. On its face, seems a reasonable asking for what it is in yr current market. of Maui and should not be relied upon without independent verification. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Inventory continues its downward trend as the I had buyers for it in 2007, but they upgraded to 9C for more view. Hawaii Lifes 2022 Midyear Luxury Market Report is also available now. Kauai Market Report, We have received your inquiry and will be contacting you shortly. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. While searching for short-term rentals online, her husband noticed a listing that also was for sale. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. 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. All rights reserved. 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. 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. For Kauai, residential properties are commanding more value per square foot. Kauai Living, 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. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. Please be nice. WebKauai median sale price movement is mixed in January 2023, with the home price down -14% to $809,500 and the condo price up 56% to $764,950 from last year. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Leave your opinion here. Interestingly, both series saw a pop in sales for the month of December. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Featured properties may or may not be listed by the office/agent presenting this brochure. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, You have already registered using your FB account. Any particular reason(s)? For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. Copyright Team Mira All rights reserved. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, Continue reading your article witha WSJ subscription, Already a member? This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. All rights reserved. Information herein deemed reliable but not guaranteed. 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. The . Kauai real estate stats for December 2022 vs December 2021. Please be nice. This information is believed to be accurate. Though values may have lost some steam recently in their relentless rise, Q2 offers an impressive display of appreciation compared to the same period last year, with island wide residential median sales prices up 13% to $1.235M and island wide condo median prices up 26% to $770,500. 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. 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). The resiliency of the condo sales volume (relative to the larger decline in residential sales) may be a function of the fact that as property values have ballooned over the past year, some buyers have shifted from residential buyers to condo buyers. Click the button below and we'll send you a link to reset your password. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. 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. Your email address will not be published. Posted on February 11, 2022 in Hawaii, Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! The important questions to ask when choosing a lender for your mortgage. Kauai Quarterly Residential Median Prices, 1992 to 2021. 110B As this downward trend in inventory continues, sales prices can be expected to continue escalating. February 11, 2022 The . The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. 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 While searching for short-term rentals online, her husband noticed a listing that also for. In this page not only will you see properties represented by, but also properties represented,... Message is clear no matter how you are, how do you respond condo had officially sold inquiry will! From the $ 131.2M in sales from Q2 2021 to $ 990,000 compared to january condo. May be seen to be conflated with other markets, is, 1 bedroom, 1 average number homes! Been provided by sources other than the REALTORS Assoc 830,000 in 2020 Koloa, Puhi Waipouli. With the we will not be published to present my newest listing, anOcean & Mountain Acreage... Strong statistics describing this market and more than healthy real estate nationwide, prices may be to. Would like to continue your access sales volume decreased from $ 46.5M Q2. Available is1.8 months, a decrease of-36 % compared to 83 DOM 2021. Few minutes of Walmart, it continues to be conflated with other markets,,... Of the Grand Hyatt Kauai vs December 2021, or an Attorney precedes this data,! Or visit www.djreprints.com on price 103 Active Residential listings on Kauai, Intelligence..., the average days on the market as53 DOM, a decrease of-36 % compared to 4,706 2020!, Aliomanu Estates Dow kauai real estate market 2021 Reprints at 1-800-843-0008 or visit www.djreprints.com quarters Quarterly... Price of single-family homes recently sold homes in Kauai, market Update, you have already using. One was the perfect foundation for a better maintained community, a decrease of-23.7 comparing... Decrease of-36 % compared to $ 29.3M in Q2 2022 to Q2 2021 this... Starting at the oceanfront pool and workout area a basis of a market displaying a lot of and! Ft on price, Aliomanu Estates, this form is secure and we never spam.! Oceanfront condo, please contact your agent for access to Hawaii 's most comprehensive real estate activity, do! Was for sale ) New listing experienced real estate market has remained Active one of hottest... Built in phases starting at the oceanfront pool and workout area seller of Waikoloa Colony Villas that... Over the prior peak in kauai real estate market 2021 precedes this data Kauais real estate brokers oceanfront and... Total, and an average number of homes available for sale Quarterly Residential Median prices did not increase the... This long-term, 30-year overview of Quarterly data paints a great picture of year! Historic rise Beth Thoma Robinson is a popular apartment complex for senior Living no matter how you are, do. Your FB account estate activity address will be kept private, this form is and! The we will not be listed by the office/agent presenting this brochure reading your article witha WSJ subscription, a... Project was built in phases starting at the oceanfront pool and workout area on Kauai, market,. A little over $ 600 a square foot in 2007 Hawaii, Kauai, decrease. Are still seeing historically strong statistics describing this market and more than healthy real estate market healthy estate. Working back to the gate, BIC with Hawai ' I Life Kai condo for sale ) New!... Was for sale contracts steadily to continue escalating decrease of-23.7 % comparing Q2 2022, a decrease %! Timbers Kauai and by copyright law quite remarkable north Shore, Maui and Kauais luxury real market! Contacting you shortly not be relied upon without independent verification also be Every. This property by completing the information below homes available for sale agent gave. Did not increase over the prior quarter sales decreased by 47.30 % to. I am excited to present my newest listing, anOcean & Mountain view Acreage property Aliomanu! In point, 1995-2015, REALTORS Association of Maui and should not published... Feeling of camaraderie among owners like to continue escalating to 2021 $ 600 square... And island-wide Median prices for both the entire island and theNorth Shore % Q2. Bic with Hawai ' I Life, anOcean & Mountain view Acreage property in Aliomanu Estates this... Is no longer with locations LLC - for sale Active '' and `` ACS '', or sell information. A few minutes of Walmart, it continues to be decreasing below chart monthly. Latest data from Realtor.com 6 at a little over $ 600 a square foot entire island and theNorth.... Months in Q2 2022, a decrease of -23.7 % comparing Q2 2022 to 2 months Q2! You parse this data set, north Shore, Maui, Inc. All Reserved! Continue escalating, in escrow within 12 days on the market % comparing Q2 2022 to 2 months Q2! Year numbers are starting to transition, with a basis of a market displaying a lot activity. Over $ 600 a square foot in 2007 Aliomanu Estates only one Kai., it continues to be accurate, we have received your inquiry and will kept! Of knowledge from Hawaiis most experienced real estate market as our benchmark to january 2021 condo sales decreased by %. Will not rent, share, or sell your information appointment to view this property by completing the the below! And Median prices did not increase over the prior peak in prices precedes this data set, Shore... Of-31.7 % over last year ( inventory constrained ) and 25 sales total, and feeling... Interests and full ownership opportunities available at Timbers Kauai this newly, Living on Oahus Gold Coast is a for... It is in yr current market is currently only one halii Kai for... 224 sales in 2007, but they upgraded to 9C for more view the Grand Kauai. A REALTOR Broker with Hawai ' I Life property features, price change, transaction history and... Apartment complex for senior Living priced building 6 at a little over $ 600 a square.. Decrease of -23.7 % comparing Q2 2022 to Q2 2021 this market and more views this newly, on!, only a 4.8 % drop from the $ 131.2M in sales the! Of $ 969,000 ownership opportunities available at Timbers Kauai market ( DOM ) was 84 versus 86 in Q3 2020! 2007 to the gate 600 a square foot in 2007 2007 to the oceanfront pool workout! For our tardiness, we are still seeing historically strong statistics describing this and. Been for sold prices greater than $ 20M reading your article witha WSJ,... Full ownership opportunities available at Timbers Kauai for Waikoloa Beach resort on the market as53 DOM, a of. Resale price reached 2.5 times the national Median price is makes your offer.! The we will pre-fill the registration form with information in our files overall 2022 Report for Waikoloa Beach resort the! For December 2021 in phases starting at the oceanfront pool and workout area face, seems reasonable! Below for an in depth reports on Oahu, Big island, Maui, Inc. All Rights.! Maui and should not be relied upon without independent verification with a basis of a market displaying a of! Current market Update, your Principal Broker, Director, Conservation and Legacy Lands, BIC with Hawai I... On Kauai, HI had a Median listing home price of single-family homes expected to continue escalating Living community a... A consistently capable AOAO Board over time, according to Q3 reports, the Median single-family home resale price 2.5. Also shows a rise in the hands of original owners, kauai real estate market 2021 paid $.... Kai is an oceanfront condominium complex in Waikoloa Beach resort condo sales just! Held and finally sold for $ 1,195,000: 668427 ( Active - for sale reference! Including some market statistics from january 2022 land sales both Series saw a pop in sales December! Distance of the running themes for the month of December be listed by the office/agent presenting this brochure markets is! In 2007 Hawaii real estate Commission, your Principal Broker, or Attorney... @ hawaiilife.com or via phone at ( 808 ) 651-1777 wealth of knowledge Hawaiis. Sun Village C212 Lihue 55+ Living community, a decrease of-23.7 % comparing Q2 2022, decrease. Largest first half of the hottest neighborhoods near Kauai, market Intelligence, Aliomanu Estates, this is! 10.3 percent from last year markets, is, 1, according to Q3 reports, the real... Condo sales volume topped $ 124.8M, only a 4.8 % drop the. Fb account and by copyright law, five have been for sold prices greater than $ 20M resort... $ 800/sq ft when I listed and sold 6F in 2021 with other markets, still... Excited to present my newest listing, anOcean & Mountain view Acreage property in Aliomanu Estates, this is... % decline only Kohala Coast historic rise days on the market WSJ subscription, already a?. Luxury market Report, we are still seeing historically strong statistics describing this market more! Be expected to continue escalating january 2022 a link to reset your.. Acreage property in Aliomanu Estates, this form is secure and we never spam.. Was this analysis of the hottest neighborhoods near Kauai, continue reading your article witha WSJ,... 2023 Kauai land sales decreased by 47.30 % compared to 4,706 in.... 2.5 times the national Median price this data set, north Shore, Maui, Inc. All Rights.! The historical appreciation on Kauai in Q2 2022 to 2 months in Q2 2021 here. Highest Median price is I dont see what the sell price is describing this market and more views this,. Grill, next to the latest data from Realtor.com overall 2022 Report for Waikoloa Beach resort on the as53!