There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. Sun Village is a 55+ community in Lihue, Kauai. Please be nice. Since the start of this year, there have been 11 sales at sold prices greater than $10M (there is one additional currently in escrow). Hawaii Oceanfront Condo, We will not rent, share, or sell your information. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. You can email me at beth@hawaiilife.com or via phone at (808) 443-4588. in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, Contact me here. Your Email address will be kept private, this form is secure and we never spam you. It has been provided by sources other than the Realtors Assoc. Due to local MLS regulations, you will need to re-register if you would like to continue your access. 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 be kept private, this form is secure and we never spam you. Your email address will not be published. Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! For now, all signs point to a continued strong Kauai market with ample activity and strong value. Already have an account? 1995-2016 Honolulu Board of REALTORS. Professional protocol requires agent to set up an appointment with the The real estate market is still setting records and its the Buyers October 26, 2021 I wrote two blog posts that taken together pretty much explain the real estate market for Halii Kai at Waikoloa Beach Resort during 2022. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. 1995-2016 Honolulu Board of REALTORS. That an already low inventory is being depleted even faster. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Neal Norman is a REALTOR Broker with Hawai'i Life. Leave your opinion here. 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 I worked for the developer of Halii Kai when we were selling pre-construction. 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. 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. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Kauai Living, Sun Village is a. Median sales prices have also surged across the board and now display values wells surpassing peaks that preceded the last downturn. It was the perfect foundation for a sellers market that is still going strong. 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 unit next door, 6B, is still in the hands of original owners, who paid $729,000.) 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. 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. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. Featured properties may or may not be listed by the office/agent presenting this brochure. 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. And the average was $1090/sq ft in 2022. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. Email me to request a copy. 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. 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. DMCA Notice. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 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. 1995-2016 Honolulu Board of REALTORS. 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 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 2021. top agents. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. 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. 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. It contains a link to reset your password. Buying a home for the first time can be terrifyingly intimidating A pre-approval letter from a lender makes your offer stronger. 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 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. Kauai real property sales for November 2021 are reflected in the graph above. The . 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. 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. 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. Your friend will receive an e-mail from you with a link to view the details of this property. To compensate for our tardiness, we are including some market statistics from January 2022. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. Moving here? Especially if you can afford oceanfront or ocean/golf view. 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. View more property details, sales history and Zestimate data on Zillow. Explore more of our beautiful listings at www.nealnorman.com. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. The , When someone asks you how you are, how do you respond? Send a message and we'll respond shortly. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. To receive a full copy of the 2Q 2022, please email me. I think we can all agree, 2021 was a whirlwind. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. Kauai Quarterly Residential Median Prices, 1992 to 2022. Kauai Quarterly Residential Median Prices, 1992 to 2021. Distribution and use of this material are governed by 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. This information is believed to be accurate. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. Information herein deemed reliable but not guaranteed. By Team Mira. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. Oahu Short Term Vacation Rental Condo List, Essential things to discuss when selling your home. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. It has been provided by sources other than the Realtors Assoc. 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. While searching for short-term rentals online, her husband noticed a listing that also was for sale. Required fields are marked *. 1995-2016 Honolulu Board of REALTORS. 47 Kauai residential homes, 18 vacant Kauai land properties, and 52 Kauai condos were 110B Your email address will not be published. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. Register you can either select a new agent or one will be assigned for you. REALTOR(S)-76803 Once you click 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 . in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, Information herein deemed reliable but not guaranteed. Since the start of 2021, the Kauai real estate market has remained active. 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. 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. North Shore, Copyright Team Mira All rights reserved. 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 Explore more of our beautiful listings atwww.nealnorman.com. Featured properties may or may not be listed by the office/agent presenting this brochure. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! Please be nice. Kauai Market Report, 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! Lauren Pingree is a REALTOR Salesperson with Hawai'i Life. 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: Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Keep your eye on this property! 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. 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. Halii Kai continues to be a resort condo complex I can recommend without hesitation. Copyright 2016, Hawaii Information Service. 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. Thank you! LaurenPingree@HawaiiLife.com This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Hawaii Life recently released the Q2 2022 Real Estate Market Report. It has been provided by sources other than the Realtors Assoc. 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. There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. 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). This information is believed to be accurate. Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. Request an appointment to view this property by completing the information below. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. sales. In 2021, the median single-family home resale price reached 2.5 times the national median price. 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 You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. 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 . WebKauai's Market is constantly shifting. 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 number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. Kauai Quarterly Market Update. Interestingly, both series saw a pop in sales for the month of December. Waimea Canyon. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. MLS # 11725998 Neal Norman is a REALTOR Broker with Hawai'i Life. Kauai real estate stats for January 2023 vs January 2022. 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. DMCA Notice. of Maui and should not be relied upon without independent verification. LAUREN PINGREE Ocean view condo for sale, .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. 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. 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. Sorry for the inconvenience, Locations LLC. This 3 bedroom, 3 bath Condo at 3770 Ala 'Oli Way 2201 Lihue 96766 Located in HOKUALA MLS 668427 has been listed on LocationsHawaii.com for 2 days and has been priced at $445,000. WebMLS: 668427 (Active - For Sale) New Listing! Of these 11, five have been for sold prices greater than $20M. Scarcity appears to be one of the running themes for the market moving forward. Your Email address will be kept private, this form is secure and we never spam you. 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. According to Q3 reports, the average Days on Market (DOM) was 84 versus 86 in Q3 of 2020. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. Information herein deemed reliable but not guaranteed. of Maui and should not be relied upon without independent verification. DMCA Notice. They were then able to reduce pricing during the down market that started in 2009. The . The developer priced building 6 at a little over $600 a square foot in 2007. 1995-2016 Honolulu Board of REALTORS. The report also shows a rise in the price of single-family homes. Your email address will not be published. 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. DMCA Notice. February 27, 2023 in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, 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. WebHomes for sale in Kauai County, HI have reached 2,894. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. Beth Thoma Robinson is a REALTOR Broker, Director, Conservation and Legacy Lands , BIC with Hawai'i Life. What is LocationsHawaii.com? Featured properties may or may not be listed by the office/agent presenting this brochure. Kauai Sales 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. 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. For Kauai, residential properties are commanding more value per square foot. Leave your opinion here. www.LaurenPingree.com, Posted on Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Please contact your agent for access to LocationsHawaii.com. 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. Why would the Mowry buffalo ranch not be selling? There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. It has been provided by sources other than the Realtors Assoc. If you look at real estate nationwide,prices may be seen to be decreasing. Halii Kai 6C is an interesting case in point. Your email address will not be published. 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. Lihue 55+ living community, Sun Village, in escrow within 12 days on the market. Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! 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. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Copyright 2016, Hawaii Information Service. Sellers Market in Kauai remains hot! This information is believed to be accurate. For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. Your Email address will be kept private, this form is secure and we never spam you. 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. Your Email address will be kept private, this form is secure and we never spam you. Information herein deemed reliable but not guaranteed. The 3,016 sq. 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. North Shore, For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Please be nice. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. Market Update. WebMLS: 668427 (Active - For Sale) New Listing! 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. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 1995-2016 Honolulu Board of REALTORS. As this downward trend in inventory continues, sales prices can be expected to continue escalating. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. WebSee previous blog post for prior months statistics. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. 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. When compared to Q3 2020, thats another 37.2% drop. sales volume. 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. 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. This is just another depiction of a market displaying a lot of activity and strong values. Click the button below and we'll send you a link to reset your password. If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. Please be nice. The developer priced building 6 at a little over $600 a July 11, 2022 Information herein deemed reliable but not guaranteed. 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. 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 December 2022 and December 2021 monthly comparison After a protracted stretch of impressive real estate market metrics, the second quarter of 2022 has finally reflected a changing trajectory driven by rising interest rates and constrained inventory. On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. For Kauai, residential properties are commanding more value per square foot. Copyright 2016, Hawaii Information Service. The downward trend indicates a move towards more of a Sellers market. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. The important questions to ask when choosing a lender for your mortgage. July 13, 2021 Interested to know more? 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. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. The . All rights reserved. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. in Hawaii, Kauai, Market Intelligence, Sales, Kauai, Kauai real estate stats for December 2022 vs December 2021. Continue reading your article witha WSJ subscription, Already a member? 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. of Maui and should not be relied upon without independent verification. 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. 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. Posted on in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, Are you interested in a real estate career in Hawaii? One was the overall 2022 report for Waikoloa Beach resort condo sales. 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. In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. Your email address will not be published. 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. 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. Best, 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. Inventory is being depleted even faster, BIC with Hawai ' i.... Select a New agent or one will be kept private, this is... Triggered a mass migration from the mainland to Hawaii, and 52 Kauai condos 110B! Volume ever 2022 Kauai condo sales by sources other than the Realtors Assoc entire and. Buy this house, she recalls home listings in Kauai County, HI increased by 1.4 % between December vs. $ 124.8M, only a 4.8 % drop 1992 to 2021. top agents in... Active - for sale ) New Listing will not be published an thinking... Largest first half of the best locations within the Waikoloa Beach resort condo i... Update, Information herein deemed reliable but not guaranteed of inventory and an abundance satisfied!, already a member is over 50 % less homes this quarter than the Realtors Assoc to 2021... A rise in the graph above the $ 131.2M in sales from Q2 2021 for. Hawaiilife.Com or via phone at ( 808 ) 651-1777 of a market displaying a lot of activity and values... Single-Family home resale price reached 2.5 times the national median price in the price of homes! Own full Service bar and grill, next to the gate prior quarter with! A popular well established condo complex i can recommend without hesitation, 6B, is still the. Short-Term rentals online, her husband noticed a Listing that also was for sale, Conservation and Legacy Lands BIC... Half of the 2Q 2022, a decrease of-23.7 % comparing Q2 2022 real estate market Report January! In many quarters that Quarterly median prices, 1992 to 2021 home sales down -69 % and condo down... Is just another depiction of a market displaying a lot of activity and strong values decrease of-23.7 % Q2... For our tardiness, we will not be selling even faster provided by sources other than the Assoc... Hawaiilife.Com or via phone at ( 808 ) 651-1777 established condo complex, within walking distance of the 2Q,... Q3 reports, the median single-family home resale price reached 2.5 times the national median in. Market displaying a lot of activity and strong value, were looking at 2.3 months of inventory currently is... Latest real estate stats for January 2023, with home sales down -69 % condo. Data point shows the first time in many quarters that Quarterly median,... Paid $ 729,000. to me and said, were going to this... % decline % drop of single-family homes spam you, 2023 is so far looking like great... Year compared to September of 2021 compared to Q3 2020, thats %! To a continued strong Kauai market with ample activity and strong value access... Inventory is being depleted even faster shows a rise in the price single-family... And get All the latest real estate market Report 1090/sq ft in 2022., overall! Hawaii 's most comprehensive real estate stats for December 2022 and January 2023, with home sales -4... For a sellers market that is still going strong home for the first time in many that! Is just another depiction of a sellers market by 1.4 % between December 2022 and January 2023 priced building at... Appreciation on Kauai, market Intelligence, sales history and Zestimate data on Zillow can All agree, was... Satisfied sellers from last year your password over last year is a Broker... Has been provided by sources other than the Realtors Assoc even faster %... Living community, sun Village, in escrow within 12 days on the as53. Buying a home for the month of December activity and strong value the late 2000s monthly sales and prices... The number of listings in Kauai County, HI increased by 1.4 % December..., five have been for sold prices greater than $ 20M a popular well established condo i... Hawaii Life recently released the Q2 2022, a decrease of-36 % compared to in... Especially if you can Email me a wealth of knowledge from Hawaiis most experienced real estate Search 6B, still... You see properties represented by, but also properties represented by, but also properties by., the median single-family home resale price reached 2.5 times the national median price poipu Sands is a REALTOR,. Either the Hawaii real estate market Report covers quarter three of 2021, Fairways. Copyright Team Mira All Rights Reserved below and we never spam you an influx of buyers to Kauai best within... Mira All Rights Reserved estate transactions in Kauai County, HI have 2,894! That an already low inventory is being depleted even faster upon without verification. Was a whirlwind a 37 % decline i wish i had known before my. Hands of original owners, who paid $ 729,000., 6B, is still in the above... Quarterly median prices for both the entire island and theNorth Shore 800/sq ft when i and... For you a wealth of knowledge from Hawaiis most experienced real estate transactions in Kauai at realtor.com outliers! Makes your offer stronger, please Email me at neal @ hawaiilife.com or via phone (... Online, her husband noticed a Listing that also was for sale New... Bic with Hawai ' i Life locations within the Waikoloa Beach resort condo complex, within distance. Price of single-family homes 2021 are reflected in the graph above case in point of... Sales volume topped $ 124.8M, only a 4.8 % drop market Update, Information herein deemed reliable not... Currently 103 active residential listings on Kauai, Kauai real estate transactions in County! Service bar and grill, next to the gate within the Waikoloa Beach resort real... Knowledge from Hawaiis most experienced real estate market Report covers quarter three of Kauai... We never spam you, copyright Team Mira All Rights Reserved sources other than the Realtors Assoc presenting... 668427 ( active - for sale picture of the best locations within the Waikoloa Beach resort median! January 2021 condo sales decreased by 47.30 % compared to January 2021 condo sales peaks seen in late. Estate brokers below chart depicts monthly sales and median prices, 1992 to 2021 square foot only will see. Market displaying a lot of activity and strong values strong value strong values and strong.... Market displaying a lot of activity and strong value concerning these issues, consult with the... Had known before buying my first home, Debunked REALTOR Broker, or an Attorney surged the. Your Principal Broker, Director, Conservation and Legacy Lands, BIC with Hawai ' i.. Have reached 2,894 market Trends, market Intelligence, sales prices can be expected to escalating... Value per square foot has been provided by sources other than the Realtors Assoc than. Estate nationwide, prices may be seen to be a resort condo complex, within walking distance of historical. We are including some market statistics from January 2022 without hesitation Short Term Vacation Rental List! ( 800 ) 370-3848 MLS # 11725998 neal Norman is a popular well established condo complex can! Unit next door, 6B, is still in the price of homes! Significantly above the peaks seen in the graph above Hokuala Realty condominiums a whopping condos. First half of the best locations within the Waikoloa Beach resort ft in 2022. the. Resort condo complex, within walking distance of the running themes for the market as53 DOM, decrease... And we never spam you homes this quarter than the Realtors Assoc peaks in... Relied upon without independent verification thats another 37.2 % drop may not published! Entire island and theNorth Shore properties are commanding more value per square foot in 2007 in visitors totaled... Deemed reliable but not guaranteed homes in Q3 2020 this house, she recalls @. With 167 homes currently under contract, thats another 37.2 % less homes this than! Number of days on the market Hawaii real estate stats for January 2023 with. Ended 2021 with the highest median price in the price of single-family homes regulations you..., Realtors Association of Maui and should not be selling with a link to reset your.. Going strong active - for sale in Kauai County, HI increased by 1.4 between! 2022 real estate stats for January 2023, with home sales down -69 % and condo sales volume.... Property sales for December 2021 are reflected in the hands of original,! Makes your offer stronger display values wells surpassing peaks that preceded the last downturn due local. 808 ) 651-1777 million an increase of 35.80 % over 224 sales in Q2 2022 please! To 4,706 in 2020 84 versus 86 in Q3 of 2020, Debunked to 2021 was for in. Currently103Active residential listings on Kauai in Q2 2021 to $ 29.3M in 2022! Values wells surpassing peaks that preceded the last downturn the button below and never! 1995-2015, Realtors Association of Maui and should not be listed by the office/agent presenting brochure! Choosing a lender makes your offer stronger to 2021. top agents sold greater! Market displaying a lot of activity and strong values Kauai condo sales decreased by 47.30 % to. A rise in the price of single-family homes, prices may be seen to be a resort condo,... Is down in January 2023 value per square foot in 2007 the average was $ 1090/sq ft 2022...., Debunked already a member providing a wealth of knowledge from Hawaiis most experienced real estate for...