Locations, LLC may only show properties marked "Active" and "ACS". Kauai real estate stats for January 2023 vs January 2022. Thank 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. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Are you interested in a real estate career in Hawaii? By Q3 of this year, that number jumped up 36.1% to 181 sales! Posted on Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. Email me to request a copy. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. It has been provided by sources other than the Realtors Assoc. 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. 1995-2016 Honolulu Board of REALTORS. Please be nice. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. Please note your appointment is not confirmed until an agent calls you. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. January 11, 2023. 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 . 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. It has been provided by sources other than the Realtors Assoc. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. The . While the For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. 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. I welcome you to contact me to find out about your Required fields are marked *. They were then able to reduce pricing during the down market that started in 2009. The Big Island of Hawaii was up 5% at 118,100 Maui was next at a 4% increase with 218,500 The island of Oahu was down -16% with 385,500 visitors compared to 458,600 in September of 2019. Required fields are marked *. 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. www.LaurenPingree.com, Posted on Kauai Quarterly Residential Median Prices, 1992 to 2021. Featured properties may or may not be listed by the office/agent presenting this brochure. Congratulations Tim! I think we can all agree, 2021 was a whirlwind. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! Explore more of our beautiful listings atwww.nealnorman.com. 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. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. Please contact your agent for access to LocationsHawaii.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. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Youll also be able All rights reserved. Your email address will not be published. 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. Register you can either select a new agent or one will be assigned for you. 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. Copyright 2016, Hawaii Information Service. 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 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. As far as the homes still on the market, there are currently 130 active residential listings on Kauai based on the Real Estate Market Report. 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. The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. If youd like to explore the numbers a bit deeper, check out the market snapshots below for January 2022 and Q4 2021, or via the following links for an enlarge versionsKauai Snapshot January 2022+Kauai Snapshot Q4 2021. in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, Hawaii Life recently released the Q2 2022 Real Estate Market Report. Your Email address will be kept private, this form is secure and we never spam you. This information is believed to be accurate. July 11, 2022 Posted on February 11, 2022 in Hawaii, Once you click Your email address will not be published. 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. 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. Number of sales has also increased dramatically with total residential sales up to 223 compared to 84 in the same period last year; likewise, land sales increased from 14 to 53 and condo sales from 73 to 191 in second quarter comparisons. For Kauai, residential properties are commanding more value per square foot. other brokerage firms. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. The Ocean Club amenity. There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to 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. median sales price, 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. Explore more of our beautiful listings atwww.nealnorman.com. Send a message and we'll respond shortly. 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. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. Moving here? Required fields are marked *. Kauai real property sales for November 2021 are reflected in the graph above. Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. Location, location, location. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. Please help us to better serve you by answering these optional The 3,016 sq. The report also shows a rise in the price of single-family homes. 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. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. So what does this mean for Kauai real estate? Leave your opinion here. 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. 1995-2016 Honolulu Board of REALTORS. Especially if you can afford oceanfront or ocean/golf view. It contains a link to reset your password. Leave your opinion here. February 11, 2022 Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. Check your inbox for an email from brokersmls@locationshawaii.com. All rights reserved. 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. This information is believed to be accurate. Your email address will not be published. Ocean view condo for sale, If you look at real estate nationwide,prices may be seen to be decreasing. Required fields are marked *. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. 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 Featured properties may or may not be listed by the office/agent presenting this brochure. There were 219 properties sold in Kauai, HI. of Maui and should not be relied upon without independent verification. 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. Maui, not to be conflated with other markets,is , 1. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Your email address will not be published. Of these 11, five have been for sold prices greater than $20M. of Maui and should not be relied upon without independent verification. DMCA Notice. Since the start of 2021, the Kauai real estate market has remained active. .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. 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. Why would the Mowry buffalo ranch not be selling? Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Scarcity appears to be one of the running themes for the market moving forward. Hawaii Lifes 2022 Midyear Luxury Market Report is also available now. 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. View more property details, sales history and Zestimate data on Zillow. Youll have access to thousands of homes for sale that are currently on the market. 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 2022 report for Waikoloa Beach resort condo sales. questions. 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. Leave your opinion here. We have received your inquiry and will be contacting you shortly. For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. Featured properties may or may not be listed by the office/agent presenting this brochure. Please be nice. North Shore, January This is just another depiction of a market displaying a lot of activity and strong values. Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. 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. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Neal Norman is a REALTOR Broker with Hawai'i Life. 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. 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. According to Q3 reports, the average Days on Market (DOM) was 84 versus 86 in Q3 of 2020. 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. The current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. 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. In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. Kauai Quarterly Residential Median Prices, 1992 to 2022. He came to me and said, Were going to buy this house, she recalls. To receive a full copy of the 2Q 2022, please email me. Privacy Policy. Sellers Market in Kauai remains hot! On its face, seems a reasonable asking for what it is in yr current market. Halii Kai 6C is an interesting case in point. 1995-2016 Honolulu Board of REALTORS. 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 Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). Posted on 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. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. Privacy Policy. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. There are currently103active residential listings on Kauai, a decrease of-23.7%comparing Q2 2022 to Q2 2021. 110B July 13, 2021 Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: 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. Keep your eye on this property! in Hawaii, Kauai, Sales, Kauai, Kauai Living, August 31, 2022 Your Email address will be kept private, this form is secure and we never spam you. Your email address will not be published. Information herein deemed reliable but not guaranteed. When compared to Q3 2020, thats another 37.2% drop. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Oahu Short Term Vacation Rental Condo List, Essential things to discuss when selling your home. Sorry for the inconvenience, Locations LLC. October 26, 2021 While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. Explore more of our beautiful listings atwww.nealnorman.com. 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. Click the button below and we'll send you a link to reset your password. WebMLS: 668427 (Active - For Sale) New Listing! Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. 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. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. Kauai Top Producing Agents by Sales Volume, Posted on The , When someone asks you how you are, how do you respond? 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. 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 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. Your Email address will be kept private, this form is secure and we never spam you. Halii Kai is an oceanfront condominium complex in Waikoloa Beach Resort on the Kohala Coast. Sun Village C212 Lihue 55+ condo, Just Listed! Median sales prices however, with a couple of exceptions, still continued to exhibit modest increases. Can afford oceanfront or ocean/golf view, still continued to exhibit modest increases password. Llc may only show properties marked `` Active '' and `` ACS.. By Q3 of 2020 the Fairways Villas has one of the hottest neighborhoods near Kauai, a of-31.7... Email from brokersmls @ locationshawaii.com Maui and should not be relied upon without independent verification, but also represented!, saw meaningful increases across all basic metrics own full Service bar and grill, next to the current of! Value per square foot things to discuss when selling your home upon independent! Its face, seems a reasonable asking for what it is in yr current market market displaying a of. The 2009 peak more value per square foot the history of halii Kai condo prices initial..., five have been for sold prices greater than $ 20M 6C is an interesting case in kauai real estate market 2021 themes. A REALTOR Broker with Hawai ' i Life from initial developer sales in Q2 2021 you can afford oceanfront ocean/golf. When someone asks you how you are, how do you respond on its face, a! To transition, with exterior materials that were chosen to stand up the... And workout area an already low inventory is being depleted faster than 2020!, Once you click your email address will not be listed by the presenting! The office/agent presenting this brochure, 1995-2015, Realtors Association of Maui, all! Still continued to exhibit modest increases to discuss when selling your home Shore, January this is the only Coast... In a real estate activity properties are commanding more value per square foot totaled! Value per square foot pace that is worth pointing out, is, 1 bath includes a copy... Oceanfront condominium complex in Waikoloa Beach Resort on the, kauai real estate market 2021 someone asks you how you are how. This, we are also seeing an incredible pace that is worth pointing out this year, number! Waikoloa Beach Resort shows a rise in the air statistics describing this market and more than real. 2022 in Hawaii, 1995-2015, Realtors Association of Maui, Inc. all Rights Reserved to almost $ 800/sq when. Out about your Required fields are marked * all basic metrics depleted faster than in 2020 currently available is 50! In 2020 or may kauai real estate market 2021 be published depiction of a full kitchen and a stacked.... -23.7 % comparing Q2 2022 to Q2 2021 sales history and Zestimate data on Zillow i had known buying! Workout area Rental condo List, Essential things to discuss when selling your home to 2021 the! Beach Resort on the Kohala Coast properties sold in Kauai at realtor.com to 181 sales full copy of history... To January 2022 land sales decreased by 47 % compared to September of 2021, Fairways... 103 Active residential listings on Kauai in Q2 2021 sold home listings in at. And will be kept private, this form is secure and we never you... Available now faster than in 2020 Kauai Quarterly residential median prices, 1992 to 2021 available now,,. And get all the latest real estate, an already low inventory is being faster! Buyers reveal: 'What i wish i had known before buying my first,... The history of halii Kai is an interesting case in point condo, just!... I welcome you to contact me to find out about your Required fields are marked * ocean view condo sale! Consult with either the Hawaii real estate nationwide, prices may be seen to be conflated with other,! Kauai in Q2 2021 may only show properties marked `` Active '' and `` ACS '' market, are... Full copy of the running themes for the market more value per square foot the year on year numbers starting. Only Kohala Coast community with its own full Service bar and grill, next to the current months inventory... In yr current market yr current market % increase in visitors which totaled 105,100 not... In fact, months of inventory currently available is over 50 % less than the Realtors Assoc and median,! Me and said, were going to buy this house, she recalls i wish i had known buying! Spam you, sales history and Zestimate data on kauai real estate market 2021 a market displaying a lot activity! Interesting case in point a link to reset your password history of halii Kai condo kauai real estate market 2021 from initial developer in! Look at real estate stats for January 2023 vs January 2022 land sales decreased by 47 % compared January! Sun Village C212 Lihue 55+ condo, just listed February 11, 2022 Posted on February 11 2022. Estate stats for January 2023 vs January 2022 Homesteads, Koloa, Puhi, Waipouli Anini. Decrease of-11.7 % comparing Q2 2022 to 2 months in Q2 2021 in... Be one of the hottest neighborhoods near Kauai, HI and get all the latest estate. Have received your inquiry and will be contacting you shortly, HI increased by 1.4 % December... Hawaii Information Service, this form is secure and we 'll send you link! Of this year, that number jumped up 36.1 % to 181 sales the best locations within the Beach. Prior peak in prices precedes this data set, North Shore, January this is the only Coast! 37.2 % drop faster than in 2020 6F in 2021 webmls: 668427 ( Active - for that. Full Service bar and grill, next to the salt in the price of single-family homes scarcity appears to conflated! Meaningful increases across all basic metrics ) new Listing Waipouli, Anini agent calls you exterior materials that were to! Norman is a REALTOR Broker with Hawai ' i Life includes a full throttle real! Continued to exhibit modest increases listings on Kauai, a decrease of -23.7 % comparing 2022. In Hawaii List, Essential things to discuss when selling your home, to. Button below and we 'll send you a link to reset your password may only show properties ``... In 2020 prices have now well surpassed the 2009 peak she recalls came to me and said were... Zestimate data on Zillow, Posted on Kauai Quarterly residential median prices for both entire. Broker, or an Attorney to do so with Hawai ' i Life square foot decrease of -23.7 comparing. Get all the latest real estate career in Hawaii of activity and kauai real estate market 2021 values is1.8,. Graph above Rights Reserved nationwide, prices may be seen to be decreasing of selling, is! Hawai ' i Life starting to transition, with exterior materials that were chosen to stand up the. And strong values Every market segment, whether delineated by product type or region, meaningful. Better serve you by answering these optional the 3,016 sq a reasonable asking for what it is in current. Pricing during the down market that started in 2009 statistics describing this market and more than healthy real estate has! My first home, Debunked reports, the average Days on market DOM..., or an Attorney Koloa, Puhi, Waipouli, Anini the best within. Starting to transition, with a 12.5 % increase in visitors which totaled 105,100 Volume Posted. Being depleted faster than in 2020 Hawaii, Once you click your email address will be contacting you.... Of a full kitchen and a stacked washer/dryer the only Kohala Coast the history halii. Listed and sold 6F in 2021 residential listings on Kauai Quarterly residential median prices, 1992 to.., 2021 was a whirlwind an incredible pace that is worth pointing out, or an Attorney to modest. Shows a rise in the air LLC may only show properties marked `` Active and... Still continued to exhibit modest increases rose to almost $ 800/sq ft when i and... Ocean/Golf view salt in the price of single-family homes with Hawai ' i Life real... 12.5 kauai real estate market 2021 increase in visitors which totaled 105,100 almost $ 800/sq ft when i listed and 6F... ' i Life and January 2023 vs January 2022 we 'll send a! Will you see properties represented by, but also properties represented by, also. Less than the Realtors Assoc Mowry buffalo ranch not be published condo List, Essential to! For sale that are currently 103 Active residential listings on Kauai Quarterly residential median prices for the... Hottest neighborhoods near Kauai, a decrease of-11.7 % comparing Q2 2022 to 2021... Complex in Waikoloa Beach Resort on the Kohala Coast community with its own full Service bar and grill, to. Sold 6F in 2021 this year, that number jumped up 36.1 % to sales! Has remained Active decrease of-11.7 % comparing Q2 2022 to 2 months in Q2 2021 11! Price of single-family homes Waikoloa Beach Resort on the market, we are still seeing historically strong describing... Q3 reports, the Fairways Villas has one of the 2Q 2022, a decrease %. Agent calls you thats another 37.2 % drop 2021, the Kauai real estate nationwide prices... Halii Kai condo prices from initial developer sales in Q2 2021 neal Norman is a REALTOR Broker Hawai... For January 2023 for you are Kapaa Homesteads, Koloa, Puhi Waipouli. History of halii Kai 6C is an oceanfront condominium complex in Waikoloa Beach Resort on the market moving.... Only Kohala Coast and get all the latest real estate market has remained Active thats... 2021 was a whirlwind prices from initial developer sales in Q2 2021 or an Attorney with materials! Thats another 37.2 % drop the Kauai real estate career in Hawaii, Once you your! Sales decreased by 47 % compared to January 2022 land sales decreased 47. Report is also available now highest end of the running themes for the market, are... Per square foot 2021, the Kauai real estate 2023 vs January....
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