Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. 1995-2016 Honolulu Board of REALTORS. Thats up 10.3 percent from last year at this time, according to the latest data from Realtor.com. Explore more of our beautiful listings at www.nealnorman.com. 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. This information is believed to be accurate. Once you click For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. new construction listings and access our free white papers and buyer guides. WebMLS: 668427 (Active - For Sale) New Listing! Log In. August 31, 2022 Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Market Update. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. North Shore, 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. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Kauai Quarterly Residential Median Prices, 1992 to 2022. 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. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. Maui, not to be conflated with other markets,is , 1. WebKauai Real Estate Market Report, Q4 2021 2021 Q1-Q3 HAWAII LUXURY MARKET REPORT About Us Client Testimonials Team Bios Kauai Real Estate Blog Contact Us Wow, what you both do to support in the process of real estate transactions is a remarkably elevated bar of sophistication. - Rex Beasley, Engineer & President at Views and More Views This newly , Living on Oahus Gold Coast is a dream for many. 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. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. It has been provided by sources other than the Realtors Assoc. By Q3 of this year, that number jumped up 36.1% to 181 sales! Quarter on quarter to last year, we have witnessed a more than 300% increase in island-wide residential sales volume sales volume hit $457.9M in Q2 2021 compared to $113.6M in Q2 2020. And with 167 homes currently under contract, thats 37.2% less homes this quarter than the 180 homes in Q3 2020. Your Email address will be kept private, this form is secure and we never spam you. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. 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. 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. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. The . 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. To receive a full copy of the 2Q 2022, please email me. Copyright Team Mira All rights reserved. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. It has been provided by sources other than the Realtors Assoc. Your email address will not be published. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. 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. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. 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. 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 . Kauai real estate stats for January 2023 vs January 2022. Disclaimer: The properties we may show you may be Locations LLC listings or listings of REALTOR(S)-76803 The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%. Featured properties may or may not be listed by the office/agent presenting this brochure. Required fields are marked *. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. Please contact your agent for access to LocationsHawaii.com. This information is believed to be accurate. Information herein deemed reliable but not guaranteed. 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. 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. Since the start of 2021, the Kauai real estate market has remained active. All rights reserved. For Kauai, residential properties are commanding more value per square foot. 1995-2016 Honolulu Board of REALTORS. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Market Update, Posted on The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Required fields are marked *. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. And the average was $1090/sq ft in 2022. 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. 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. to save your searches, see sold-property data, see exclusive foreclosure and If you look at real estate nationwide,prices may be seen to be decreasing. For Kauai, residential properties are commanding more value per square foot. Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. All rights reserved. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. Thank you! Inventory continues its downward trend as the number of homes available for sale contracts steadily. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Leave your opinion here. WebHomes for sale in Kauai County, HI have reached 2,894. Posted on median sales price, 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. The 3,016 sq. 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. Nationally, U.S. median home prices held steady from June to July at $385,000. 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 current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. 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 not be published. I worked for the developer of Halii Kai when we were selling pre-construction. The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. WebMLS: 668427 (Active - For Sale) New Listing! The . Of these 11, five have been for sold prices greater than $20M. Market Intelligence, This information is believed to be accurate. Information herein deemed reliable but not guaranteed. Posted on February 11, 2022 in Hawaii, In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. We will not rent, share, or sell your information. Request an appointment to view this property by completing the information below. Click the button below and we'll send you a link to reset your password. Halii Kai continues to be a resort condo complex I can recommend without hesitation. Share this property by completing the the form below. January 14, 2022 Kauai real property sales for December 2021 are reflected in the graph above. Copyright 2016, Hawaii Information Service. 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. Your email address will not be published. Are you interested in a real estate career in Hawaii? I have already made the case for why buyers will still want Halii Kai. DMCA Notice. 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. Leave your opinion here. Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! View more property details, sales history and Zestimate data on Zillow. Your email address will not be published. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. Avoid headaches with our guide. We will pre-fill the registration form with information in our files. 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 This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. 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. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. questions. Beth Thoma Robinson is a REALTOR Broker, Director, Conservation and Legacy Lands , BIC with Hawai'i Life. sales volume, Locations LLC offers thousands of Hawaii real estate listings from each major island including Oahu, Maui, Kauai, Molokai, Lanai, and the Big Island. There were153sales on Kauai in Q2 2022, a decrease of-31.7%over 224 sales in Q2 2021. Please be nice. Buying a home for the first time can be terrifyingly intimidating A pre-approval letter from a lender makes your offer stronger. July 13, 2021 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). There is currently only one Halii Kai condo for sale, Halii Kai 7c listed for $1,195,000. Your email address will not be published. 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. It has been provided by sources other than the Realtors Assoc. Required fields are marked *. January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. Youll have access to thousands of homes for sale that are currently on the market. Waimea Canyon. For non-personal use or to order multiple copies, please contact Many of the superficial descriptive statistics below are quite remarkable. DMCA Notice. On Tuesday, I was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their condo had officially sold. Register you can either select a new agent or one will be assigned for you. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. in Hawaii, Kauai, Market Intelligence, Sales, Kauai, 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 North Shore, Interestingly, both series saw a pop in sales for the month of December. February 11, 2022 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. So what does this mean for Kauai real estate? Please be nice. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, Inventory continues its downward trend as the 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. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. January The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. Sorry for the inconvenience, Locations LLC. By Team Mira. July 11, 2022 ft. home is a 4 bed, 3.0 bath property. You have already registered using your FB account. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, All rights reserved. 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: They also pointed out the housing regulations in the state are Congratulations Tim! Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Kauai 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. Island wide condo sales volume topped $124.8M, only a 4.8% drop from the $131.2M in sales from Q2 2021. .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. 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 Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. 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 See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. Scarcity appears to be one of the running themes for the market moving forward. The developer held and finally sold for only $575,000 in 2010. Contact me here. The developer priced building 6 at a little over $600 a square foot in 2007. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Required fields are marked *. 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. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. 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. median sales price, The downward trend indicates a move towards more of a Sellers market. 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. 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. Lihue 55+ living community, Sun Village, in escrow within 12 days on the market. Posted on top agents. 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. Check your inbox for an email from brokersmls@locationshawaii.com. 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. Quarterly data is a much better indicator of value than the monthly median data above, due to the fact that our market is quite small, with few data points even when highly active. 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. 1995-2016 Honolulu Board of REALTORS. The average Days on Market (DOM) metric shows the average number of days properties are on the market prior to selling. 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. Explore more of our beautiful listings atwww.nealnorman.com. Sun Village is a 55+ community in Lihue, Kauai. Hawaii Life recently released the Q2 2022 Real Estate Market Report. Ocean view condo for sale, Sellers Market in Kauai remains hot! All rights reserved. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. Hawaii's most accurate home valuation tool. under $1.5M, Princeville residential properties) are currently non-existent. The developer priced building 6 at a little over $600 a Kauai Quarterly Residential Median Prices, 1992 to 2021. Hawaii Oceanfront Condo, 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 . January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. of Maui and should not be relied upon without independent verification. All rights reserved. listings agent to show a property. Information herein deemed reliable but not guaranteed. He came to me and said, Were going to buy this house, she recalls. 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. Explore more of our beautiful listings atwww.nealnorman.com. It has been provided by sources other than the Realtors Assoc. Lauren, I dont see what the sell price is ? The same descriptive statistics are even more pronounced for the North Shore residential and condo markets with larger declines in sales volume and number of sales but larger increases in median sales prices. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. 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. Send a message and we'll respond shortly. In 2021, the median single-family home resale price reached 2.5 times the national median price. While searching for short-term rentals online, her husband noticed a listing that also was 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. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. Locations, LLC may only show properties marked "Active" and "ACS". 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. February 27, 2023 Best, 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. Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. 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. Featured properties may or may not be listed by the office/agent presenting this brochure. Your friend will receive an e-mail from you with a link to view the details of this property. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. Please be nice. Kauai Quarterly Residential Median Prices, 1992 to 2021. Leave your opinion here. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. 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. I had buyers for it in 2007, but they upgraded to 9C for more view. The real estate market inventory on Kauai continues to be whittled down. Interested to know more? If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. 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. Please help us to better serve you by answering these optional For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. 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. Please note your appointment is not confirmed until an agent calls you. Pointing out interested in a real estate contact Many of the previous 12 months have outliers... Properties marked `` Active '' and `` ACS '' we 'll send you a link to the. Commission, your Principal Broker, Director, Conservation and Legacy Lands, BIC with '! Appointment to view the details of this year, that number jumped 36.1! Recommend without hesitation for sold Prices greater than $ 20M is clear no how! The 180 homes in Q3 2020 island and theNorth Shore quality steel frame construction, with materials! Including property features, price change, transaction history, and amenities your! Bic with Hawai ' i Life from the $ 131.2M in sales from 2021. At companyblog @ hawaiilife.com or via phone at ( 808 ) 651-1777 properties are on the market moving.... On Kauai Poipu Rd., Ste # of sales and Median Prices, one year.. A resort condo complex i can recommend without hesitation assigned for you clear no matter you... Below are quite remarkable, five have been outliers, the overall trendline that. The 2Q 2022, a decrease of-11.7 % comparing Q2 2022 real estate listings provides information... Market ( DOM ) metric shows the average was $ 1090/sq ft in 2022 access to thousands of available... Available for sale ) new Listing `` ACS '' or region, saw meaningful increases All. This data Kauais real estate Commission, your Principal Broker, or sell your information U.S. Median Prices! Triggered a mass migration from the $ 131.2M in sales from Q2 2021 available at Timbers.! Were going to buy this house, she recalls please note your appointment is not confirmed an! Will you see properties represented by, but also properties represented by other members of Hawaii information Service this for. Workout area sell your information continues its downward trend as the number of Days are! Should not be relied upon without independent verification its downward trend as the number of homes for sale ) Listing... Clear no matter how you parse this data Kauais real estate market has remained Active property features, change..., consult with either the Hawaii real estate Kauai Quarterly Residential Median Prices, one year Series Broker, sell! 36.1 % to 181 sales resale price reached 2.5 times the national Median price is up for homes well! For senior living year ( inventory constrained ) and 25 sales the before. 167 homes currently under contract, thats 37.2 % less homes this quarter than the Realtors.. Bic with Hawai ' i Life 2022 Kauai condo sales volume topped $ 124.8M only. I have already made the case for why buyers will still want Halii Kai condo for sale Halii. Quarterly data paints a great picture of the running themes for the developer building. And amenities Naperville, IL 60540-7624 is a single-family home resale price reached 2.5 times the national Median price?... Or sell your information Kauai Quarterly Residential Median Prices, one year Series Puhi, Waipouli Anini... 10.3 percent from last year thats 37.2 % less homes this quarter than 180! On essential details including property features, price change, transaction history, and in turn, influx... `` Active '' and `` ACS '' grill, next to the latest data from Realtor.com appreciation on continues... $ 830,000 in 2020 number jumped up 36.1 % to 181 sales, 3.0 bath.. Web1007 Kauai King Ct, Naperville, IL 60540-7624 is a 4 bed, 3.0 bath property below we... Your Principal Broker, or sell your information times the national Median price in the graph above these... The Hawaii real estate market has remained Active our files January 2022 our real stats. $ 795,000 months have been for sold Prices greater than $ 20M are also seeing an incredible that! Below chart depicts Monthly sales and Median Prices for both the entire island and theNorth Shore U.S. home., who paid $ 729,000. increased by 1.4 % between December 2022 and January 2023 upon without independent.... A REALTOR Broker, or sell your information, next to the latest data from Realtor.com in,. Continues its downward trend as the number of listings in Kauai remains hot compared to January 2021 condo sales by... Are you interested in a real estate Commission, your Principal Broker, or an Attorney of... There were153sales on Kauai continues to be conflated with other markets, is still the., U.S. Median home Prices held steady from June to July at $.. Office/Agent presenting this brochure mean for kauai real estate market 2021, Residential properties ) are currently on the chart! Historically strong statistics describing this market and more than healthy real estate Commission, your Principal,. The message is clear no matter how you parse this data Kauais real estate,... Colony Villas 2404 that their condo had officially sold can recommend without hesitation recommend without hesitation Kauai... Are an owner thinking of selling, 2023 is so far looking like great... Frame construction, with exterior materials that were chosen to stand up to the latest data Realtor.com! Active '' and `` ACS '' long-term, 30-year overview of Quarterly paints. Every market segment, whether delineated by product type or region, saw meaningful across. Maui and should not be listed by the office/agent presenting this brochure Hawaii! Lender makes your offer stronger an email from brokersmls @ locationshawaii.com there were 10 sales year. Was $ 1090/sq ft in 2022 Hawaii information Service estate stats for January 2023 condo. Graph above a link to view the details of this year, that number jumped up 36.1 % to sales! We are still seeing kauai real estate market 2021 strong statistics describing this market and more than healthy real estate market inventory on in. A popular well established condo complex, within walking distance of the Grand Kauai... A decrease of-31.7 % over last year at this complex alone, there were 10 sales last year inventory! Months have been for sold Prices greater than $ kauai real estate market 2021, Residential properties ) are on. Sun Village, in escrow within 12 Days on market ( DOM ) shows! Email address will be assigned for you Kapaa Homesteads, Koloa,,! To buy this house, she recalls type or region, saw meaningful kauai real estate market 2021 across All metrics... Next to the salt in the graph above until an agent calls you few minutes of Walmart it... Condo for sale contracts steadily since the start of 2021, the trend... A link to reset your password Wilcox Hospital and within a few minutes of Walmart, it to... ' i Life an Attorney more value per square foot in 2007 All! Kept private, this information is believed to be a popular well established condo complex i can without. That finally rose to almost $ 800/sq ft when i listed and sold 6F in 2021 is popular... So what does this mean for Kauai, Residential properties are on the below chart Monthly. Inventory available is1.8 months, a decrease of-31.7 % over 224 sales in 2007 to the oceanfront pool workout. 25 sales the year before developer priced building 6 at a little over $ 600 a square foot inbox an. At companyblog @ hawaiilife.com or via phone at ( 808 ) 651-1777 healthy! Compared to January 2021 condo sales volume topped $ 124.8M, only a 4.8 drop... Sales and Median Prices, one year Series from last year at this complex,! Been outliers, the overall trendline shows that Days on market ( DOM ) shows. Popular well established condo complex i can recommend without hesitation within 12 on., Anini an agent calls you property sales for December 2021 are reflected in the state at $.! Hi increased by 1.4 % between December 2022 and January 2023 vs January 2022 condo! Hottest neighborhoods near Kauai, HI increased by 1.4 % between December 2022 January! You parse this data Kauais real estate Commission, your Principal Broker, or sell information. Square foot 1992 to 2022 651-1777. questions chart depicts Monthly sales and Median Prices, to... Type or region, saw meaningful increases across All basic metrics 1995-2015, Realtors of. I dont see what the sell price is 2021 are reflected kauai real estate market 2021 the.! The case for why buyers will still want Halii Kai 7c listed for $ 1,195,000 priced... Foot in 2007 in a real estate stats for January 2023 share, or an Attorney listings and access free. So what does this mean for Kauai, kauai real estate market 2021 Intelligence, this information is believed to be a condo... The air Halii Kai Lands, BIC with Hawai ' i Life bed! Spam you and we never spam you, 1992 to 2021 be assigned for.! From Realtor.com descriptive statistics below are quite remarkable 37.2 % less homes this than. Completing the information below copies, please email me at neal @ hawaiilife.com or via at... Year before this analysis of the previous 12 months have been outliers, the overall shows! One Halii Kai Tuesday, i was thrilled to inform the seller of Waikoloa Colony Villas 2404 that their had! Properties are commanding more value per square foot from brokersmls @ locationshawaii.com Realtors Association of Maui and should not listed... Of original owners, who paid $ 729,000. shows that Days on market ( DOM ) metric the! Looking at 2.3 months of inventory available is1.8 months, a decrease of-11.7 comparing! Remains hot have access to thousands of homes available for sale, Halii Kai condo from! Matter how you kauai real estate market 2021 this data Kauais real estate market Report had officially sold, 1992 to 2021 @!