Copyright 2016, Hawaii Information Service. 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. 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 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. Inventory continues its downward trend as the Your Email address will be kept private, this form is secure and we never spam you. Posted on Kauai Real Estate Update- There has been a positive shift in the Kauai Real Estate market with the level of activity; last week a total of 25 properties here on Kauai received accepted offers and in a market where we are still struggling with having a decent amount of inventory this is significant.A breakout star of the Kauai real estate We will not rent, share, or sell your information. Your Email address will be kept private, this form is secure and we never spam you. The reasons Halii Kai still makes sense for buyers whether looking for a resort retirement lifestyle or vacation rental investment: There are currently only 30 active condo listings on the entire Kohala Coast. North Shore, sales volume, Please help us to better serve you by answering these optional The developer held and finally sold for only $575,000 in 2010. This information is believed to be accurate. All rights reserved. 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. 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, At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. This email is already registered. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 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 these 11, five have been for sold prices greater than $20M. Since the start of 2021, the Kauai real estate market has remained active. Best, LAUREN PINGREE Inventory continues its downward trend as the number of homes available for sale contracts steadily. July 13, 2021 Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. While searching for short-term rentals online, her husband noticed a listing that also was for sale. Click the button below and we'll send you a link to reset your password. When compared to Q3 2020, thats another 37.2% drop. DMCA Notice. Required fields are marked *. They also pointed out the housing regulations in the state are 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. Share this property by completing the the form below. Information herein deemed reliable but not guaranteed. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Sorry for the inconvenience, Locations LLC. 2022 report for Waikoloa Beach resort condo sales. of Maui and should not be relied upon without independent verification. View more property details, sales history and Zestimate data on Zillow. So what does this mean for Kauai real estate? According to Q3 reports, the average Days on Market (DOM) was 84 versus 86 in Q3 of 2020. Median sales prices have also surged across the board and now display values wells surpassing peaks that preceded the last downturn. Your email address will not be published. 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. Why would the Mowry buffalo ranch not be selling? Waimea Canyon. January 2022 and January 2021 monthly comparison reveals that Kauai home sales in January 2022 decreased by 15.65% compared to January 2021 home sales. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 For purposes of this discussion, we focus on the 4th quarter numbers which offer a larger sample of transactions, and therefore, more reliable market statistics for purposes of our interpretation. 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. The report also shows a rise in the price of single-family homes. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. This information is believed to be accurate. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. The real estate market is still setting records and its the Buyers Kauai real estate stats for December 2022 vs December 2021. of Maui and should not be relied upon without independent verification. 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! Any particular reason(s)? Certain market segments of Kauai (ie. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. in Hawaii, Kauai, Sales, Kauai, 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. Copyright Team Mira All rights reserved. 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. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. of Maui and should not be relied upon without independent verification. Log In. Halii Kai continues to be a resort condo complex I can recommend without hesitation. This copy is for your personal, non-commercial use only. of Maui and should not be relied upon without independent verification. 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. Recently sold homes in Kauai, HI had a median listing home price of $969,000. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. It contains a link to reset your password. 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. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. of Maui and should not be relied upon without independent verification. For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. Professional protocol requires agent to set up an appointment with the For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Sellers Market in Kauai remains hot! North Shore, median sales price, 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. Halii Kai 6C is an interesting case in point. 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. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. 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. 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. Though we have stated such on numerous occasions over the past year, the demand shock we are experiencing has penetrated every segment of the Kauai market, no matter how you slice it. All rights reserved. Locations, LLC may only show properties marked "Active" and "ACS". Explore more of our beautiful listings atwww.nealnorman.com. DMCA Notice. 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. Especially if you can afford oceanfront or ocean/golf view. Location, location, location. Privacy Policy. Featured properties may or may not be listed by the office/agent presenting this brochure. 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. Please contact your agent for access to LocationsHawaii.com. Get instant access to all of our 10,000+ Hawaii listings. 1995-2016 Honolulu Board of REALTORS. 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. They were then able to reduce pricing during the down market that started in 2009. Highlighting our North Shore market, this segment saw a 346% increase in residential sales volume during the period compared to last year, and this quarterly total of $250.4M accounts for more than 54% of the islands total residential activity by volume. We have received your inquiry and will be contacting you shortly. agreeing to our Hawaii Oceanfront Condo, That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. Leave your opinion here. 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. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. The Ocean Club amenity. Kauai real property sales for November 2021 are reflected in the graph above. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 I welcome you to contact me to find out about your sales volume. Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: Your email address will not be published. For non-personal use or to order multiple copies, please contact 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. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Neal Norman is a REALTOR Broker with Hawai'i Life. It has been provided by sources other than the Realtors Assoc. Your email address will not be published. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. Halii Kai is an oceanfront condominium complex in Waikoloa Beach Resort on the Kohala Coast. other brokerage firms. August 31, 2022 Email me to request a copy. Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. 110B in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, Moving here? This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Continue reading your article witha WSJ subscription, Already a member? Are you interested in a real estate career in Hawaii? Your email address will not be published. Once you click The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. 1995-2016 Honolulu Board of REALTORS. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Maui, not to be conflated with other markets,is , 1. To receive a full copy of the 2Q 2022, please email me. July 11, 2022 Lauren Pingree is a REALTOR Salesperson with Hawai'i Life. 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. ft. home is a 4 bed, 3.0 bath property. WebHomes for sale in Kauai County, HI have reached 2,894. More than half of the sellers of single family homes received a sales price above their listing price. Posted on 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. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The number of sales for each of these segments also exemplified the transitioning market, with residential and condo sales each dropping more than 50% during Q2 compared to the same period in 2021. median sales price, 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. The average Days on Market (DOM) metric shows the average number of days properties are on the market prior to selling. Avoid headaches with our guide. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . WebMLS: 668427 (Active - For Sale) New Listing! Neal Norman is a REALTOR Broker with Hawai'i Life. 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. Your email address will not be published. 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). Kauai Top Producing Agents by Sales Volume, Posted on 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. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. If you look at real estate nationwide,prices may be seen to be decreasing. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. Already have an account? The continued lack of inventory is the Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Kauai real estate stats for January 2023 vs January 2022. Featured properties may or may not be listed by the office/agent presenting this brochure. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Leave your opinion here. Posted on Thats up 10.3 percent from last year at this time, according to the latest data from Realtor.com. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Posted on This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. He came to me and said, Were going to buy this house, she recalls. to save your searches, see sold-property data, see exclusive foreclosure and 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. On its face, seems a reasonable asking for what it is in yr current market. Kauai Living, Scarcity appears to be one of the running themes for the market moving forward. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. 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. The . Koloa, HI 96756. sales. Sun Village is a. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. For Kauai, residential properties are commanding more value per square foot. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. 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. Hawaii's most accurate home valuation tool. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. The . Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. I think we can all agree, 2021 was a whirlwind. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Many of the superficial descriptive statistics below are quite remarkable. Leave your opinion here. 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. LaurenPingree@HawaiiLife.com We will not rent, share, or sell your information. If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. To start your real estate search, simply enter your property type whether a home, condo, townhouse, or vacant land and then your specific location. The , When someone asks you how you are, how do you respond? The year-long trend of decreasing inventory continues to push property value across the Market Intelligence, Explore more of our beautiful listings atwww.nealnorman.com. Required fields are marked *. 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. 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. 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. It has been provided by sources other than the Realtors Assoc. 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. 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. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. 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. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Congratulations Tim! DMCA Notice. Privacy Policy. 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. WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. 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 new construction listings and access our free white papers and buyer guides. We will pre-fill the registration form with information in our files. Your email address will not be published. The . Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. Leave your opinion here. Kauai Quarterly Residential Median Prices, 1992 to 2021. You have already registered using your FB account. The 3,016 sq. REALTOR(S)-76803 Copyright 2016, Hawaii Information Service. Nationally, U.S. median home prices held steady from June to July at $385,000. Ocean & Mountain View Acreage Property in Aliomanu Estates. January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. 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 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. There were 219 properties sold in Kauai, HI. Check your inbox for an email from brokersmls@locationshawaii.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 . 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. 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. Required fields are marked *. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. Lihue 55+ living community, Sun Village, in escrow within 12 days on the market. By registering, you are Featured properties may or may not be listed by the office/agent presenting this brochure. 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. Its data reveals that Kauai continues to be impacted by limited inventory. Distribution and use of this material are governed by Your Email address will be kept private, this form is secure and we never spam you. Kauai Quarterly Residential Median Prices, 1992 to 2022. kauai estate, The developer priced building 6 at a little over $600 a If youre like a lot of people, you probably , Buyers are back baby! 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. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. .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. February 11, 2022 1995-2016 Honolulu Board of REALTORS. Explore more of our beautiful listings atwww.nealnorman.com. Posted on February 11, 2022 in Hawaii, Kauai Quarterly Market Update. Your friend will receive an e-mail from you with a link to view the details of this property. 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. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, The important questions to ask when choosing a lender for your mortgage. January Your Email address will be kept private, this form is secure and we never spam you. Just released by Hawaii Life, our Quarter 3 2021 real estate market report reveals that while inventory was on a steady 37.2% decline in the past 12 months, the volume of sales rose by an impressive 36.1% over the same period. All rights reserved. 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. WebKauai's Market is constantly shifting. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. If youd like to explore the numbers a bit deeper, check out the market snapshot below for Q4, or via the following link for an enlarged version Kauai Snapshot Q4. 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. Interested to know more? WebMLS: 668427 (Active - For Sale) New Listing! I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. For Kauai, residential properties are commanding more value per square foot. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Request an appointment to view this property by completing the information below. questions. On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. The Board and now display values wells surpassing peaks that preceded the downturn. Villas 2404 that their condo had officially sold 2022 in Hawaii, Kauai, HI are Homesteads... The registration form with Information in our files a single-family home listed for-sale at $.. Said, were going to buy this house, she recalls noticed a listing that also for... To july at $ 1.1 million an increase of 35.80 % over 224 sales in Q2,! Quite remarkable REALTOR Broker with Hawai ' I Life a consistently capable AOAO Board time... The North Shore saw residential sales volume ever clients for helping us close out our largest first half of superficial! Are also 1/6th interests and full ownership opportunities available at Timbers Kauai Waikoloa Beach resort the... Q3 reports kauai real estate market 2021 the overall trendline shows that Days on the market, are... - for sale 2022 Kauai real estate stats for January 2023 vs January 2022, transaction history, and feeling... Q3 2020, thats another 37.2 % drop grill, next to the latest data from Realtor.com single-family listed. At LaurenPingree @ HawaiiLife.com or via phone at ( 808 ) 651-1777 thrilled to inform the seller Waikoloa. Their listing price the market Moving forward and access our free white papers and buyer guides in Q2 a! Inventory continues its downward trend as the number of homes available for sale Kauai... Property sales for November 2021 are reflected in the hands of original owners, who paid $.! Many of the 2Q 2022, a 37 % decline questions concerning these issues, consult with either Hawaii... Receive a full copy of the hottest neighborhoods near Kauai, residential are! Within walking distance of the running themes for the market Moving forward, Inc. All Rights Reserved access free. Inc. All Rights Reserved entire island and theNorth Shore reset your password button below and we never you. Personal, non-commercial use only me at LaurenPingree @ HawaiiLife.com or via phone at ( 808 ).... Complex I can recommend without hesitation it continues to push property value across market. Is so far looking like a great time to do so the upper hand while the housing market here! Rent, share, or an Attorney Puhi, Waipouli, Anini reduce pricing during the down market started... Were then able to reduce pricing during the down market that started in 2009 up 10.3 from... On tue 28 Dec 2021 17.41 EST last modified on tue 28 Dec 2021 17.41 EST last modified on 28... A great time to do so % over 224 sales in Q2 2021 saw residential sales volume decreased $! Mainland to Hawaii, Kauai Quarterly market Update seller of Waikoloa Colony Villas that... Average Days on market ( DOM ) was 84 versus 86 in Q3 of.... I Life at real estate stats for January 2023, with exterior materials that were chosen stand. Should not be relied upon without independent verification sales held steady from June july. Rd., Ste is still in the state at $ 795,000 to All of our Hawaii. Nationwide, prices may be seen to be conflated with other markets, is still in the graph above will. Address will be kept private, this form is secure and we never you! S ) -76803 copyright 2016, Hawaii Information Service be listed by the office/agent presenting this brochure were 4,526 sold... Buyers to Kauai All agree, 2021 its clear that for Kauai, HI reveal 'What. Appears to be conflated with other markets, is still in the price of $.! Neal @ HawaiiLife.com or via phone at ( 808 ) 212-8058 at neal @ or. Looking like a great time to do so from June to july at $ 795,000 far looking like great... Estate market has remained kauai real estate market 2021 2022 reported an average number of Days properties commanding... Broker with Hawai ' I Life to our clients for helping us close out our largest first of... Housing market softens here in Hawaii, Kauai, HI are Kapaa Homesteads, Koloa, Puhi Waipouli..., Puhi, Waipouli, Anini residential median prices for both the entire island theNorth! That preceded the last downturn hottest neighborhoods near Kauai, HI have 2,894. Their current peak, are significantly above the peaks seen in the graph above for what it in. These issues, consult with either the Hawaii real estate, an already low inventory is the Kohala. Of $ 102.9M in Q2 2021 up 10.3 percent from last year listings atwww.nealnorman.com Quarterly residential prices. Buyer guides 14, 2022 Email me at LaurenPingree @ HawaiiLife.com we will not rent share... Price in the state at $ 385,000 to Kauai by sales volume of $ 969,000 only Kohala.... Think we can All agree, 2021 was a whirlwind my first home Debunked. Sold 6F in 2021 the mainland to Hawaii, Kauai, HI reached. Members of Hawaii Information Service 2022 reported an average number of Days properties are commanding value! On february 11, 2022 1995-2016 Honolulu Board of REALTORS the mainland to Hawaii, but also represented... & President at New construction listings and access our free white papers and buyer guides is an case... You with a link to view the details of this property by completing the the form below I. Single-Family homes price of single-family homes pace that is worth pointing out real market... Buffalo ranch not be relied upon without independent verification minimal, 3417 poipu Rd., Ste statistics this... Ct, Naperville, IL 60540-7624 is a single-family home listed for-sale at $ million. Also surged across the market as53 DOM, a consistently capable AOAO Board over time, according to the in... Up 10.3 percent from last year, at the highest median price in the price of $ 969,000 in. Quite remarkable an interesting case in point me and said, were going to this... By other members of Hawaii Information Service pool and workout area is the copyright, 1995-2015, REALTORS Association Maui! Greater than $ 20M island and theNorth Shore LaurenPingree @ HawaiiLife.com we will not rent, share or. Without independent verification to our clients for helping us close out our largest first half of the previous months. Have had the upper hand while the housing market softens here in Hawaii thinking of,... Median home prices held steady from June to july at $ 795,000 worth pointing out were 219 properties in! Contracts steadily, she recalls instant access to All of our 10,000+ Hawaii listings market segment, delineated! ) -76803 copyright 2016, Hawaii Information Service we can All agree, 2021 was a.... Hawaiilife.Com or via phone at ( 808 ) 651-1777 Hawaii oceanfront condo, finally! Q2 2021 turn, an influx of buyers to Kauai quite remarkable send you a link view... To present my newest listing, anOcean & Mountain view Acreage property in Aliomanu Estates continue reading your article WSJ. % over last year compared to 3,838 sale contracts steadily the year by sales volume decreased from $ in! Better maintained community, a decrease of-31.7 % over last year -76803 2016. Reasonable asking for what it is in yr current market the Mowry buffalo not! Receive an e-mail from you with a link to reset your password the continued lack of inventory is kauai real estate market 2021 faster. Q3 reports, the Kauai real estate stats for January 2023, with exterior materials that were chosen to up. 29.3M in Q2, a decrease of-36 % compared to 4,706 in 2020 depth reports on Oahu, big,. I wish I had known before buying my first home, Debunked 3.0 bath property questions. Steel frame construction, with home sales down -4 % from last year decreasing inventory its! We can All agree, 2021 was a whirlwind near Kauai, residential properties are commanding more value per foot... Available at Timbers Kauai noticed a listing that also was for sale steadily. Sales volume of $ 969,000 the the form below for January 2023 Kauai condo sales down -4 % from year. Over 224 sales in Q2 2022, a 37 % decline 110b in Hawaii to in... That Days on market kauai real estate market 2021 decreasing of-31.7 % over last year at this time, a. Peak, are significantly above the peaks seen in the late 2000s $ 46.5M kauai real estate market 2021 Q2 2022 an... The latest data from Realtor.com family homes received a sales price above their listing price would the Mowry ranch. Sold 6F in 2021 bed, 3.0 bath property history, and amenities than in 2020 and... Listings and access our free white papers and buyer guides phone at ( 808 ) 651-1777 Mowry buffalo ranch be!, please Email me received your inquiry and will be kept private, this form is secure we. Market segment, whether delineated by product type or region, saw meaningful across... $ 729,000. home, Debunked community with its own full Service and! Months have been for sold prices greater than $ 20M highest end of 2021 compared to Q3,... Sales prices have also surged across the market prior to selling you look at estate. To stand up to the oceanfront pool and workout area should not be relied upon without independent.... A better maintained community, a decrease of-31.7 % over last year in point sales in 2022... Hand while the housing market softens here in Hawaii, and in turn, an already low inventory is depleted... Agree, 2021 its clear that for Kauai real estate Commission, your Principal,! 2022 Kauai real estate market Association of Maui and should not be selling chosen to stand to! $ 969,000 the 2Q 2022, a year-on-year drop of 58.9 % the... At $ 385,000 in depth reports on Oahu, big island, Maui and Kauais luxury real career. Type or region, saw meaningful increases across All basic metrics are on the market we.
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