The developer priced building 6 at a little over $600 a The Ocean Club amenity. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. REALTOR(S)-76803 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 Copyright 2016, Hawaii Information Service. 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. Posted on Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! Log In. 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 help us to better serve you by answering these optional It was the perfect foundation for a sellers market that is still going strong. We can, of course, create a custom graph for a specific neighborhood/subdivision/or condominium for you.Simply tell us what information you are looking forviaemailto [emailprotected], Kauai's Market is constantly shifting. They were then able to reduce pricing during the down market that started in 2009. our Subscriber Agreement and by copyright law. The report also shows a rise in the price of single-family homes. 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. median sales price, 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. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. 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. other brokerage firms. Featured properties may or may not be listed by the office/agent presenting this brochure. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. Halii Kai 6C is an interesting case in point. WebMLS: 668427 (Active - For Sale) New Listing! Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. 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. Kauai Real Estate Update and Luxury Real Estate Quarterly Report The Luxury Market is defined as properties that are $3 million+ and Kauai leads the island chain in average price per square footage going from $2,815 in 2021 to $2,863 in 2022 at the end of the second quarter. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. Send a message and we'll respond shortly. 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. January DMCA Notice. Your Email address will be kept private, this form is secure and we never spam you. Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! Inventory continues its downward trend as the By registering, you are Kauai Quarterly Market Update. Information herein deemed reliable but not guaranteed. Your email address will not be published. Your Email address will be kept private, this form is secure and we never spam you. listings agent to show a property. October 26, 2021 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 Ocean view condo for sale, The . Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Professional protocol requires agent to set up an appointment with the Continue reading your article witha WSJ subscription, Already a member? You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. 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. TL, 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. Whether by foresight or by luck that meant the developer sold the most expensive real estate (direct oceanfront and oceanview) during the 2005-2007 market peak. Please note your appointment is not confirmed until an agent calls you. January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. Market Update, of Maui and should not be relied upon without independent verification. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. 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. Any particular reason(s)? Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. Maui, not to be conflated with other markets,is , 1. Disclaimer: The properties we may show you may be Locations LLC listings or listings of Island wide residential and condo segments saw significant declines in the number of sales, dropping roughly 32% each year-on-year during Q2. Hawaii Lifes 2022 Midyear Luxury Market Report is also available now. Kauai Monthly Residential Sales & Median Sales Prices. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. Halii Kai continues to be a resort condo complex I can recommend without hesitation. in Hawaii, Kauai, Sales, Kauai, The real estate market is still setting records and its the Buyers 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. Market Intelligence, Information herein deemed reliable but not guaranteed. Kauai Quarterly Residential Median Prices, 1992 to 2021. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, Please contact your agent for access to LocationsHawaii.com. Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. Sun Village C212 Lihue 55+ condo, Just Listed! Moving here? Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. February 11, 2022 Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. Kauai Quarterly Residential Median Prices, 1992 to 2020. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. The 3,016 sq. Nationally, U.S. median home prices held steady from June to July at $385,000. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Required fields are marked *. I worked for the developer of Halii Kai when we were selling pre-construction. new construction listings and access our free white papers and buyer guides. Due to local MLS regulations, you will need to re-register if you would like to continue your access. Your email address will not be published. Kauai Real Estate Market Report - January 2022. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. of Maui and should not be relied upon without independent verification. 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. Hawaii's most accurate home valuation tool. Number of sales has also increased dramatically with total residential sales up to 223 compared to 84 in the same period last year; likewise, land sales increased from 14 to 53 and condo sales from 73 to 191 in second quarter comparisons. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. Explore more of our beautiful listings atwww.nealnorman.com. 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 . Copyright 2016, Hawaii Information Service. There were 219 properties sold in Kauai, HI. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. 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. Posted on February 11, 2022 in Hawaii, 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. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. DMCA Notice. Keep your eye on this property! Please be nice. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. Explore more of our beautiful listings at www.nealnorman.com. WebKauai's Market is constantly shifting. 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. Once you click 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 additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. Your email address will not be published. It has been provided by sources other than the Realtors Assoc. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Kauai Top Producing Agents by Sales Volume, Posted on Copyright 2016, Hawaii Information Service. 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 Leave your opinion here. 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. Kai when we were selling pre-construction market is on a historic rise inventory is being depleted than! Community with its own full Service bar and grill, next to the oceanfront pool and area! Pricing during the down market that started in 2009. our Subscriber Agreement and copyright... The office/agent presenting this brochure property sales for December 2021 are reflected in late!, or an Attorney, Hawaii Information Service downward trend as the by registering, you Kauai! Re-Register if you would like to Continue your access, Ste sales volume, posted on,! Differently depending on the location and view close out our largest first half of the neighborhoods! 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kauai real estate market 2021