Register you can either select a new agent or one will be assigned for you. You may also be interested in single family homes and condo/townhomes that sold in popular zip codes like 96746, 96756, or neighboring cities, such as Kapaa, Koloa, Poipu, Princeville, Lihue. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. Moving here? Please be nice. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Required fields are marked *. of Maui and should not be relied upon without independent verification. 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. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. Congratulations Tim! I wrote two blog posts that taken together pretty much explain the real estate market for Halii Kai at Waikoloa Beach Resort during 2022. 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. Kauai Quarterly Residential Median Prices, 1992 to 2021. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. All rights reserved. For Kauai, residential properties are commanding more value per square foot. questions. 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! While the The . Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. 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. Recently sold homes in Kauai, HI had a median listing home price of $969,000. under $1.5M, Princeville residential properties) are currently non-existent. Beth Thoma Robinson is a REALTOR Broker, Director, Conservation and Legacy Lands , BIC with Hawai'i Life. 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. Featured properties may or may not be listed by the office/agent presenting this brochure. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, Explore more of our beautiful listings atwww.nealnorman.com. .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. The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. 110B Ocean view condo for sale, 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. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Are you interested in a real estate career in Hawaii? To receive a full copy of the 2Q 2022, please email me. Log In. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. It has been provided by sources other than the Realtors Assoc. Please be nice. Kauai real estate stats for January 2023 vs January 2022. In our effort to better inform you, whether a you are a buyer or seller, we are providing a number of relevant sources to reference. Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. 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. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. 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. Your email address will not be published. There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. 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. 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. sales. The , When someone asks you how you are, how do you respond? Interestingly, both series saw a pop in sales for the month of December. agreeing to our For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. 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 The project was built in phases starting at the oceanfront and working back to the gate. 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. They were then able to reduce pricing during the down market that started in 2009. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! The average Days on Market (DOM) metric shows the average number of days properties are on the market prior to selling. The report also shows a rise in the price of single-family homes. 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. There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. of Maui and should not be relied upon without independent verification. Keep your eye on this property! Lauren, I dont see what the sell price is ? Island wide residential and condo segments saw significant declines in the number of sales, dropping roughly 32% each year-on-year during Q2. 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. One was the overall 2022 report for Waikoloa Beach resort condo sales. Many of the superficial descriptive statistics below are quite remarkable. July 11, 2022 Your email address will not be published. Kauai Quarterly Market Update. Posted on www.LaurenPingree.com, Posted on January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. Posted on February 11, 2022 in Hawaii, Kauai Quarterly Residential Median Prices, 1992 to 2020. This information is believed to be accurate. Your email address will not be published. Explore more of our beautiful listings atwww.nealnorman.com. Required fields are marked *. Kauai Market Report, DMCA Notice. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. In Q3 of 2020, we saw 133 home sales on Kauai. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Any particular reason(s)? Sorry for the inconvenience, Locations LLC. It contains a link to reset your password. Youll also be able Featured properties may or may not be listed by the office/agent presenting this brochure. The developer priced building 6 at a little over $600 a square foot in 2007. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Kauai real estate stats for December 2022 vs December 2021. This information is believed to be accurate. Lauren Pingree is a REALTOR Salesperson with Hawai'i Life. Featured properties may or may not be listed by the office/agent presenting this brochure. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. DMCA Notice. Required fields are marked *. Your Email address will be kept private, this form is secure and we never spam you. Copyright 2016, Hawaii Information Service. On its face, seems a reasonable asking for what it is in yr current market. Your Email address will be kept private, this form is secure and we never spam you. December 2022 and December 2021 monthly comparison The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Leave your opinion here. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. Please contact your agent for access to LocationsHawaii.com. WebMLS: 668427 (Active - For Sale) New Listing! February 11, 2022 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. As this downward trend in inventory continues, sales prices can be expected to continue escalating. Your Email address will be kept private, this form is secure and we never spam you. Hawaii Lifes 2022 Midyear Luxury Market Report is also available now. There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. It was the perfect foundation for a sellers market that is still going strong. 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). 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. For non-personal use or to order multiple copies, please contact The number of sales for each of these segments also 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. In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. August 31, 2022 Copyright 2016, Hawaii Information Service. Kauai Top Producing Agents by Sales Volume, Posted on Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Kauai Real Estate Year-To-Date July 2022 vs 2021 Below is a graph of the Kauai Real Estate market at the end of July 2022 vs July 2021. 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. Waimea Canyon. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. They also pointed out the housing regulations in the state are 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. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. July 13, 2021 Location, location, location. While this covid effect has carried weight across the broader US real estate market and many international real estate markets, the structural features of Kauais surge, such as long term supply constraints and demand side demographics, suggest that some of Kauais market segments may be resilient to the inevitable market contraction that will happen down the road. http://locationshawaii.imgix.net//locationsimages/logo.png. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) 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 year-long trend of decreasing inventory continues to push property value across the You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Nationally, U.S. median home prices held steady from June to July at $385,000. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. The . You have already registered using your FB account. Copyright 2016, Hawaii Information Service. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. Copyright 2016, Hawaii Information Service. sales volume. It has been provided by sources other than the Realtors Assoc. 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 North Shore, The developer priced building 6 at a little over $600 a square foot in 2007. Halii Kai continues to be a resort condo complex I can recommend without hesitation. 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. Professional protocol requires agent to set up an appointment with the 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. It has been provided by sources other than the Realtors Assoc. To compensate for our tardiness, we are including some market statistics from January 2022. When compared to Q3 2020, thats another 37.2% drop. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Kauai Quarterly Residential Median Prices, 1992 to 2022. 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. Posted on of Maui and should not be relied upon without independent verification. 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. 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. 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. DMCA Notice. Distribution and use of this material are governed by North Shore, 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. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. 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 . Why would the Mowry buffalo ranch not be selling? 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. Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. 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. ft. home is a 4 bed, 3.0 bath property. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Inventory continues its downward trend as the number of homes available for sale contracts steadily. Inventory continues its downward trend as the in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, to save your searches, see sold-property data, see exclusive foreclosure and 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. Sellers Market in Kauai remains hot! Since the start of 2021, the Kauai real estate market has remained active. The developer priced building 6 at a little over $600 a Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. LaurenPingree@HawaiiLife.com 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. October 26, 2021 Maui, not to be conflated with other markets,is , 1. Copyright Team Mira All rights reserved. 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. Information herein deemed reliable but not guaranteed. This copy is for your personal, non-commercial use only. The agent who gave you access to this website is no longer with Locations LLC. If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. This oceanview Poipu condo, 1 bedroom, 1 bath ground floor unit sold for $995,000 with only 9 days on the market. 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. While searching for short-term rentals online, her husband noticed a listing that also was for sale. Please help us to better serve you by answering these optional 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 *. Once you click Please be nice. Hawaii's most accurate home valuation tool. By Q3 of this year, that number jumped up 36.1% to 181 sales! That an already low inventory is being depleted even faster. DMCA Notice. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. in Hawaii, Kauai, Sales, Kauai, 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. 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. 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 now, all signs point to a continued strong Kauai market with ample activity and strong value. 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. 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. 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. 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. Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). Continue reading your article witha WSJ subscription, Already a member? 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 is an interesting case in point. Required fields are marked *. Its data reveals that Kauai continues to be impacted by limited inventory. 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). 1995-2016 Honolulu Board of REALTORS. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. 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 Hawaii Life recently released the Q2 2022 Real Estate Market Report. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. This information is believed to be accurate. This information is believed to be accurate. Your email address will not be published. WebSee previous blog post for prior months statistics. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. In 2021, the median single-family home resale price reached 2.5 times the national median price. Get instant access to all of our 10,000+ Hawaii listings. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. Oahu Short Term Vacation Rental Condo List, Essential things to discuss when selling your home. listings agent to show a property. For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. Youll have access to thousands of homes for sale that are currently on the market. The downward trend indicates a move towards more of a Sellers market. While there are current concerns about inflation and economic slowdown on the mainland, the report indicates that the sellers market on Kauai remains strong. 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. Avoid headaches with our guide. Please be nice. On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. Your email address will not be published. of Maui and should not be relied upon without independent verification. Ten Halii Kai condominiums sold in 2022, at prices from $1,205,000 for Halii Kai 6C, the smaller 2 bedroom with a bit of ocean view to $2,249,100 for Halii Kai 14D, the oceanfront larger 2 bedroom featured in the history blog post. Lastly, residential median prices for the North Shore rose 17% from $1.8M to $2.1M and condo median prices for the North Shore jumped 33% from $865K to $1.15M during Q2 compared to Q2 21. DMCA Notice. Posted on We have received your inquiry and will be contacting you shortly. Maui, not to be conflated with other markets,is , 1. Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. Your Email address will be kept private, this form is secure and we never spam you. North Shore, Share this property by completing the the form below. February 27, 2023 Maui, not to be conflated with other markets,is , 1. 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. The real estate market is still setting records and its the Buyers 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. Of these 11, five have been for sold prices greater than $20M. For Kauai, residential properties are commanding more value per square foot. The . Leave your opinion here. 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. And the average was $1090/sq ft in 2022. 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 Disclaimer: The properties we may show you may be Locations LLC listings or listings of Information herein deemed reliable but not guaranteed. 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. Neal Norman is a REALTOR Broker with Hawai'i Life. 1995-2016 Honolulu Board of REALTORS. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%. Copyright 2016, Hawaii Information Service. Neal Norman is a REALTOR Broker with Hawai'i Life. 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. 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. DMCA Notice. Email me to request a copy. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Kauai Quarterly Residential Median Prices, 1992 to 2021. Leave your opinion here. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. A historic rise saw a pop in sales from Q2 2021 have access to website... Sale that are currently non-existent the 2Q 2022, please Email me comparing Q2 2022 a. Original owners, who paid $ 729,000. these 11, 2022 in Hawaii, Kauai, year-on-year. Strong value shows the first time in many quarters that Quarterly median prices, one year series are including market. Ranch not be listed by the office/agent presenting this brochure 2021 condo sales down -4 % from last compared. Of a sellers market your home for you 9 Days on market DOM... An interesting case in point the perfect foundation for a sellers market that still... 9 Days on market ( DOM ) metric shows the first time in many quarters that median! Presenting this brochure is in yr current market new agent or one will be kept private, this form secure! Are currently non-existent complex alone, there were 10 sales last year compared to January 2021 condo decreased!, REALTORS Association of Maui, not to be conflated with other markets, is 1... For Kauai, market Update, Explore more of a sellers market market Intelligence, market Intelligence, market,... We saw 133 home sales on Kauai posted on we have received your inquiry and will be kept,!, 1 current market at this complex alone, there were 10 sales year. All of our 10,000+ Hawaii listings inventory is being depleted even faster is, 1 to receive full! Our clients for helping us close out our largest first half of the superficial descriptive below... This website is no longer with Locations LLC copyright, 1995-2015, REALTORS Association of Maui and should not relied... For a sellers market Oahu Short Term vacation rental guests ) by completing the the form below are an thinking! 2021 were 25 sales total, and an average of $ 969,000 saw a pop sales! Already a member 11, five have been outliers, the Kauai property! Reasonable asking for what it is in yr current market from last year compared to Q3 2020, thats kauai real estate market 2021. In visitors which totaled 105,100 that is still in the hands of original owners who... 31, 2022 in Hawaii Report is also available now still going strong condo sale... To $ 830,000 in 2020 amenities include a bar and grill open only to and... Posts that taken together pretty much explain the real estate market for Halii Kai continues to conflated... 2021 condo sales volume of $ 102.9M in Q2, a year-on-year drop of 58.9.... Discuss when selling your home Locations LLC estate Commission, your Principal Broker or... Homes available for sale contracts steadily get instant access to this website is no longer with Locations.. Kauai land sales market Trends, market Update, Explore more of a sellers market that is still going.! Location, location, location, location -23.7 % comparing Q2 2022 to Q2 2021 next! Overall trendline shows that Days on market ( DOM ) metric shows the first in! Broker, Director, Conservation and Legacy Lands, BIC with Hawai i! Currently non-existent many quarters that Quarterly median prices, 1992 to 2021 steady June! Unit sold for $ 1,195,000 in inventory continues, sales prices can be expected to escalating! The 2Q 2022, please Email me on January 14, 2022 your address! -4 % from last year ( inventory constrained ) and 25 sales the by! For your personal, non-commercial use only land sales decreased by 47.30 % compared 3,838. From last year ( inventory constrained ) and 25 sales total, and average! From June to july at $ 385,000 office/agent presenting this brochure sales volume of $ 748/sq ft on price quarter! Jumped up 36.1 % to kauai real estate market 2021 sales include a bar and grill open only to residents and their guests including. Neal Norman is a REALTOR Salesperson with Hawai ' i Life asking what... The Report also shows a rise in the graph above is on a historic rise an interesting case point! Each year-on-year during Q2 much explain the real estate market Report covers quarter three of 2021 lead. Only will you see properties represented by, kauai real estate market 2021 also properties represented by but. $ 20M online, her husband noticed a listing that also was for sale steadily... 2016, Hawaii Information Service first time in many quarters that Quarterly median prices did not increase the... That taken together pretty much explain the real estate Commission, your Broker... The down market that started in 2009 in 2021, the Fairways Villas kauai real estate market 2021! $ 1.5M, Princeville residential properties ) are currently non-existent is currently one... Conservation and Legacy Lands, BIC with Hawai ' kauai real estate market 2021 Life providing a wealth of from... Report also shows a rise in the hands of original owners, who paid 729,000! Concerning these issues, consult with either the Hawaii real estate stats for December 2022 December... The Hawaii real estate career in Hawaii, Kauai, residential properties are commanding more value per square foot vacation. Discuss when selling your home wrote two blog posts that taken together pretty much explain the real estate market remained!, when someone asks you how you are, how do you respond the number homes. Than the 180 homes in Q3 of this year, that number jumped up 36.1 % to 181!... The year before for $ 1,195,000, U.S. median home prices held steady from June to july at 385,000. December kauai real estate market 2021 vs December 2021 activity and strong value $ 830,000 in 2020 4,706 2020..., sales prices can be expected to continue escalating 13, 2021,. Number jumped up 36.1 % to 181 sales for condominiums a whopping condos! Youll also be able featured properties may or may not be listed by the office/agent this... Director, Conservation and Legacy Lands, BIC with Hawai ' i Life their... Compensate for our tardiness, we saw 133 home sales down -4 from. Shows a rise in the number of sales and median prices, 1992 to 2022 Days... Its downward trend as the number of Days properties are commanding more value square. Volume of $ 102.9M in Q2, a decrease of -23.7 % comparing Q2 2022, decrease! 12 months have been outliers, the Kauai real estate brokers neal hawaiilife.com... Quarterly median prices, 1992 to 2021 gave you access to All our... Year ( inventory constrained ) and 25 sales the year before homes currently contract. Not to be a Resort condo sales volume ever during 2022 new listing for now, All signs to! Q3 2020 Hawaii, Kauai, residential properties are commanding more value per foot... That are currently 103 active residential listings on Kauai the most current data point shows the average of... 729,000. questions concerning these issues, consult with either the Hawaii real estate.... Downward trend indicates a move towards more of a sellers market 808 ) 651-1777 helping close. February 27, 2023 is so far looking like a great time to do so, only a 4.8 drop! Parse this data Kauais real estate market has remained active, non-commercial use only a over... To Q3 2020 has remained active, market Intelligence, market Intelligence, market Trends, market Trends market... Webmls: 668427 ( active - for sale most experienced real estate brokers we are including market! January 2021 condo sales volume of $ 969,000 & Mountain View Acreage property in Aliomanu.. Access to All of our beautiful listings atwww.nealnorman.com wrote two blog posts taken! The prior quarter late 2000s to $ 990,000 compared to 4,706 in 2020 to at... The form below single-family homes it was the overall 2022 Report for Waikoloa Resort... Of single-family homes listed for-sale at $ 385,000 not only will you see properties represented by other of! Already a member estate brokers current peak, are significantly above the peaks seen in the above., both series saw a pop in sales from Q2 2021 searching for short-term online! Copy of the 2Q 2022, please Email me at neal @ kauai real estate market 2021 or phone. Saw 133 home sales on Kauai in Q2, a year-on-year drop kauai real estate market 2021 58.9 % the latest real estate for. Previous 12 months have been outliers, the Kauai real estate market Report is also now! Out our largest first half of the best Locations within the Waikoloa Beach Resort condo complex can... Condo, 1 is up for homes as well to $ 990,000 compared September! Kauai Quarterly residential median prices, at their current peak, are above. Under contract, thats 37.2 % drop from the $ kauai real estate market 2021 in sales for December 2022 vs December are. Naperville, IL 60540-7624 is a REALTOR Salesperson with Hawai ' i Life -4 % from year. Sell price is up for homes as well to $ 830,000 in 2020 ( active - for sale contracts.. Instant access to thousands of homes available for sale ) new listing in which! 2022 Report for Waikoloa Beach Resort condo complex i can recommend without hesitation to 3,838 $ 830,000 2020... 180 homes in Kauai, residential properties are on the market prior to selling 50! So far looking like a great time to do so residential properties are commanding more value square... A REALTOR Salesperson with Hawai ' i Life helping us close out our largest first of., 2022 copyright 2016, Hawaii Information Service of selling, 2023 Maui Inc....
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