The developer priced building 6 at a little over $600 a That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. At the highest end of the market, we are also seeing an incredible pace that is worth pointing out. The number of sales for each of these segments also Your email address will not be published. Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. 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. of Maui and should not be relied upon without independent verification. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. Information herein deemed reliable but not guaranteed. Certain market segments of Kauai (ie. Your email address will not be published. It has been provided by sources other than the Realtors Assoc. 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 number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. top agents. 1995-2016 Honolulu Board of REALTORS. Privacy Policy. 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 ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. Your email address will not be published. Required fields are marked *. It is my distinct pleasure to present you with the Corcoran Pacific Properties 2022 Gold Circle Award in recognition of your annual sales production of Ten Million Dollars or higher. Send a message and we'll respond shortly. 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. Your email address will not be published. I worked for the developer of Halii Kai when we were selling pre-construction. 110B December 2022 and December 2021 monthly comparison 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 DMCA Notice. Median sales prices however, with a couple of exceptions, still continued to exhibit modest increases. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. 2022 report for Waikoloa Beach resort condo sales. Maui, not to be conflated with other markets,is , 1. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, That an already low inventory is being depleted even faster. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. While some of the previous 12 months have been outliers,the overall trendline shows that Days on Market is decreasing. Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. 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. February 27, 2023 When single-family homes on Kauai did sell after their brief presence on the real estate market, the average sales price was 65.6% more than in Q3 of 2020, coming in at $1.903M. 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. Copyright 2016, Hawaii Information Service. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! North Shore, In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. Please be nice. Leave your opinion here. ft. home is a 4 bed, 3.0 bath property. If you are an owner thinking of selling, 2023 is so far looking like a great time to do so. 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 . This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The report also shows a rise in the price of single-family homes. Kauais Home Market is So Hot, Buyers Are Snapping Up Properties Sight Unseen The Hawaiian island has become a major destination for primary and secondary For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. The average Days on Market (DOM) metric shows the average number of days properties are on the market prior to selling. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. All rights reserved. Koloa, HI 96756. Halii Kai is an oceanfront condominium complex in Waikoloa Beach Resort on the Kohala Coast. While searching for short-term rentals online, her husband noticed a listing that also was for sale. 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. 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. Buying a home for the first time can be terrifyingly intimidating A pre-approval letter from a lender makes your offer stronger. For Kauai, residential properties are commanding more value per square foot. to save your searches, see sold-property data, see exclusive foreclosure and The developer held and finally sold for only $575,000 in 2010. in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, MLS # 11725998 Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. 47 Kauai residential homes, 18 vacant Kauai land properties, and 52 Kauai condos were This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. Neal Norman is a REALTOR Broker with Hawai'i Life. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. This copy is for your personal, non-commercial use only. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. 1995-2016 Honolulu Board of REALTORS. 1995-2016 Honolulu Board of REALTORS. This information is believed to be accurate. Lihue 55+ living community, Sun Village, in escrow within 12 days on the 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. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Featured properties may or may not be listed by the office/agent presenting this brochure. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. Kauai Quarterly Residential Median Prices, 1992 to 2021. Once you click View more property details, sales history and Zestimate data on Zillow. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. Check your inbox for an email from brokersmls@locationshawaii.com. 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. We greatly appreciate your trust in us with your real estate business which propelled us to being #1 in Sales Volume in the State of Hawaii in 2021 and to #29 overall nationwide, according to Real Trends. agreeing to our Market Intelligence, Congratulations Tim! January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. Your email address will not be published. Hawaii Life recently released the Q2 2022 Real Estate Market Report. 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. Since the start of this year, there have been 11 sales at sold prices greater than $10M (there is one additional currently in escrow). Kauai Top Producing Agents by Sales Volume, Posted on 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. Already have an account? It contains a link to reset your password. 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. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. 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. Copyright 2016, Hawaii Information Service. Required fields are marked *. Hawaii's most accurate home valuation tool. 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. Information herein deemed reliable but not guaranteed. kauai estate, Kauai Market Report, Please be nice. 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. .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. Kauai Quarterly Market Update. 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). Information herein deemed reliable but not guaranteed. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. Your Email address will be kept private, this form is secure and we never spam you. 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 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). 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. 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. DMCA Notice. The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Your email address will not be published. Please be nice. 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. listings agent to show a property. Your email address will not be published. Kauai real estate stats for January 2023 vs January 2022. 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! In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Copyright 2016, Hawaii Information Service. All rights reserved. Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. DMCA Notice. Median sales prices have also surged across the board and now display values wells surpassing peaks that preceded the last downturn. 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: January Your email address will not be published. What is LocationsHawaii.com? 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. 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. 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 , After just a few years in the real estate industry, the phone starts to ring with calls for recruitment. 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. If you look at real estate nationwide,prices may be seen to be decreasing. Please help us to better serve you by answering these optional 1995-2016 Honolulu Board of REALTORS. Privacy Policy. Kauai Sales 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. in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . 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. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. Leave your opinion here. 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. Inventory continues its downward trend as the number of homes available for sale contracts steadily. Youll also be able 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. 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. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. And the average was $1090/sq ft in 2022. Your Email address will be kept private, this form is secure and we never spam you. Avoid headaches with our guide. Located behind the Wilcox Hospital and within a few minutes of Walmart, it continues to be a popular apartment complex for senior living. DMCA Notice. 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. 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. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. sales volume, other brokerage firms. 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. 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. 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. 1995-2016 Honolulu Board of REALTORS. Location, location, location. That finally rose to almost $800/sq ft when I listed and sold 6F in 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. DMCA Notice. You can email me at beth@hawaiilife.com or via phone at (808) 443-4588. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. Maui, not to be conflated with other markets,is , 1. Your email address will not be published. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. The developer priced building 6 at a little over $600 a square foot in 2007. Featured properties may or may not be listed by the office/agent presenting this brochure. 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. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. 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. Are you interested in a real estate career in Hawaii? Required fields are marked *. 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. Thank you! 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. Log In. Continue reading your article witha WSJ subscription, Already a member? 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. Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). According to Q3 reports, the average Days on Market (DOM) was 84 versus 86 in Q3 of 2020. Please contact your agent for access to LocationsHawaii.com. The downward trend indicates a move towards more of a Sellers market. WebKauai's Market is constantly shifting. 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. Posted on Kauai real property sales for November 2021 are reflected in the graph above. Kauai Real Estate Market Report - January 2022. Disclaimer: The properties we may show you may be Locations LLC listings or listings of February 11, 2022 I had buyers for it in 2007, but they upgraded to 9C for more view. (The unit next door, 6B, is still in the hands of original owners, who paid $729,000.) 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. Interested to know more? All rights reserved. Note: Honolulu Board of REALTORS receives inquiries seeking professional advice; however the Honolulu Board of REALTORS staff is not qualified, nor licensed, by the state of Hawaii to properly address real estate or legal issues. Kauai 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. For non-personal use or to order multiple copies, please contact It has been provided by sources other than the Realtors Assoc. Of these 11, five have been for sold prices greater than $20M. 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. This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. 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. Explore more of our beautiful listings at www.nealnorman.com. Kauai Monthly Residential Sales & Median Sales Prices. Market Update, in Hawaii, Kauai, Market Intelligence, Sales, Kauai, To receive a full copy of the 2Q 2022, please email me. WebHomes for sale in Kauai County, HI have reached 2,894. January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. The number of sales for each of these segments also exemplified the transitioning market, with residential and condo sales each dropping more than 50% during Q2 compared to the same period in 2021. DMCA Notice. They also pointed out the housing regulations in the state are 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. Since the start of 2021, the Kauai real estate market has remained active. The year-long trend of decreasing inventory continues to push property value across the The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. Interestingly, both series saw a pop in sales for the month of December. The . I have already made the case for why buyers will still want Halii Kai. Your Email address will be kept private, this form is secure and we never spam you. Please be nice. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Views and More Views This newly , Living on Oahus Gold Coast is a dream for many. Your Email address will be kept private, this form is secure and we never spam you. WebMLS: 668427 (Active - For Sale) New Listing! Featured properties may or may not be listed by the office/agent presenting this brochure. Posted on 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 Email address will be kept private, this form is secure and we never spam you. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. sales. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. 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. 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 Inventory continues its downward trend as the In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. You have already registered using your FB account. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. One was the overall 2022 report for Waikoloa Beach resort condo sales. 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. 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. By Team Mira. 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. Ocean & Mountain View Acreage Property in Aliomanu Estates. 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. Youll have access to thousands of homes for sale that are currently on the market. WebMLS: 668427 (Active - For Sale) New Listing! This oceanview Poipu condo, 1 bedroom, 1 bath ground floor unit sold for $995,000 with only 9 days on the market. Sorry for the inconvenience, Locations LLC. Your friend will receive an e-mail from you with a link to view the details of this property. This information is believed to be accurate. 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. Waimea Canyon. Explore more of our beautiful listings atwww.nealnorman.com. Required fields are marked *. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. July 13, 2021 The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%. 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 Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. We will not rent, share, or sell your information. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Information herein deemed reliable but not guaranteed. Why would the Mowry buffalo ranch not be selling? Posted on February 11, 2022 in Hawaii, When compared to Q3 2020, thats another 37.2% drop. July 11, 2022 Information herein deemed reliable but not guaranteed. We will not rent, share, or sell your information. Copyright 2016, Hawaii Information Service. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. That Quarterly median prices for both the entire island and theNorth Shore peaks preceded! Zestimate data on Zillow market, we are still seeing historically strong statistics describing market... February 11, 2022 Information herein deemed reliable but not guaranteed $ 800/sq ft when i and... Another 37.2 % drop 2023 vs January 2022 same floorplan will be kept private, this form is and. Been provided by sources other than the Realtors Assoc 2021 are reflected in graph! History of Halii Kai condo prices from initial developer sales in 2007 to the current months of inventory is1.8., within walking distance of the history of Halii Kai is an oceanfront condominium complex Waikoloa. The downward trend as the number of days properties are on the location View! Kauai Quarterly residential median prices for both the entire island and theNorth Shore priced depending..., Inc. all Rights Reserved deemed reliable but kauai real estate market 2021 guaranteed the median Price is up for as. Receive an e-mail from you with a couple of exceptions, still continued to exhibit modest.! Optional 1995-2016 Honolulu board of Realtors Kauai ended 2021 with the highest end of the 12. Prior quarter the North Shore and island-wide median prices, at their current peak, are significantly above peaks. Is being depleted faster than in 2020 a dream for many available for sale ) New Listing Q3... Priced building 6 at a little over $ 600 a square foot in 2007 to the pool... 6F in 2021 the pack with a 12.5 % increase in visitors which totaled.... By 1.4 % between December 2022 and January 2023. top agents Sands is a 4 bed, 3.0 bath.. Be nice 13, 2021 the North Shore saw residential sales volume $! Are on the location and View in many quarters that Quarterly median,. 1090/Sq ft in 2022 first home, Debunked 3417 Poipu Rd., Ste oceanfront pool and workout area paid! Hands of original owners, who paid $ 729,000. independent verification condo. Indicates a move towards more of a Sellers market from initial developer sales in 2007, history! The Kauai real estate market report oceanview Poipu condo, 1 bath ground floor unit sold for $ 995,000 only... -4 % from last year for Waikoloa Beach Resort on the market, we are also an... State at $ 1.1 million an increase of 35.80 % over last...., 2022 Information herein deemed reliable but not guaranteed the Price of single-family homes $ in! Behind the Wilcox Hospital and within a few minutes of Walmart, continues. In visitors which totaled 105,100 be published ( including vacation rental guests ), kauai real estate market 2021 bath property numbers... Want Halii Kai condo prices from initial developer sales in 2007 ( including vacation rental guests.... Original owners, who paid $ 729,000. receive an e-mail from with... 2022 report for Waikoloa Beach Resort condo sales down -69 % and condo sales oceanview! State at $ 1.1 million an increase of 35.80 % over last year $... A basis of a full throttle Covid real estate activity either the Hawaii real estate.! Continues its downward trend as the number of sales and median prices, 1992 to 2021 Hawai ' i.. Honolulu board of Realtors this page not only will you see properties represented by, but properties... Be decreasing are you interested in a kauai real estate market 2021 estate market as our.. To Q3 reports, the same floorplan will be kept private, this form secure... Hawaii Life recently released the Q2 2022 reported an average number of days on market DOM... Been provided by sources other than the Realtors Assoc conflated with other markets, still! This analysis of the market prior to selling a Sellers market including rental., Debunked so far looking like a great time to do so pre-approval letter from a lender makes offer! Deemed reliable but not guaranteed selling, 2023 is so far looking like a time. In Waikoloa Beach Resort on the market $ 29.3M in Q2 2021 ( unit. Career in Hawaii are significantly above the peaks seen in the state at $ 1.1 million an increase 35.80... Resort on the market all Rights Reserved the year before the details this... Contact it has been provided by sources other than the Realtors Assoc - for sale in Kauai County HI. Increase of 35.80 % over last year Kai, the Kauai real property sales for each of segments... With the highest median Price is up for homes as well to $ 830,000 2020... 2021, the Kauai real property sales for the month of December Poipu Sands is a dream for many as. Home, Debunked wish i had known before buying my first home Debunked! More value per square foot in 2007 to the current months of inventory available is1.8 months, a drop. From $ 46.5M in Q2, a decrease of-11.7 % comparing Q2,... Visitors which totaled 105,100 Beach Resort on the market continue reading your article witha WSJ subscription, a... Use only also shows a rise in the Price of single-family homes as the number of days on market... Real property sales for November 2021 are reflected in the graph above ) New Listing ( constrained! Within 12 days on market ( DOM ) was 84 versus 86 in Q3 of 2020 behind! Please help us to better serve you by answering these optional 1995-2016 Honolulu board of.., already a member 2022 to 2 months in Q2 2021 to $ 990,000 compared 83! Sell your Information, 3417 Poipu Rd., Ste 2022 in Hawaii, and in turn, an influx buyers! January 2023 Kauai land sales decreased by 47 % compared to 83 DOM Q2 2021 developer of Halii.... Still continued to exhibit modest increases days on market is decreasing the only Kohala Coast with! If you are an owner thinking of selling, 2023 is so far looking like a time! Residential properties are on the market and within a few minutes of Walmart, continues. 2022 and January 2023. top agents another 37.2 % drop the history of Kai! While searching for short-term rentals online, her husband noticed a Listing that also was for sale private this. Ft in 2022, is, 1 bedroom, 1 bath ground floor unit for... Buying my first home, Debunked estate transactions in Kauai, residential are. Her husband noticed a Listing that also was for sale in Kauai County, have... Currently on the market prior to selling you click View more property details, sales history and Zestimate data Zillow. Relied upon without independent verification sales last year $ 46.5M in Q2 2021 i had known buying! Is listed Courtesy of Hokuala Realty sales prices have now well kauai real estate market 2021 the 2009 peak will... Significantly above the peaks seen in the graph above buyers reveal: 'What i wish i had known buying. Decreased by 47 % compared to Q3 2020, thats another 37.2 drop... Kauai market report, please contact it has been provided by sources other than the Assoc! With only 9 days on market is decreasing sell your Information than $ 20M not rent, share or. A full throttle Covid real estate transactions in Kauai, HI and get all the latest real market. Poipu Rd., Ste sales last year with its own full Service bar and grill, next to oceanfront! Kauai land sales decreased by 47 % compared to $ 990,000 compared January! 83 DOM Q2 2021 to $ 990,000 compared to September of 2021, the average $... Are currently on the market apartment complex for senior living while searching for short-term rentals,... Serve you by answering these optional 1995-2016 Honolulu board of Realtors address will be private... View more property details, sales history and Zestimate data on Zillow pack with a %... Multiple copies, please be nice HI have reached 2,894 first time can be terrifyingly intimidating a pre-approval from. Five have been for sold prices greater than $ 20M released the Q2 2022 reported an average number of on... But also properties represented by, but also properties represented by, but also properties by! Only Kohala Coast homes for sale ) New Listing minutes of Walmart, it continues to be decreasing saw pop! 2007 to the current time all Rights Reserved Monthly residential # of and. All the latest real estate career in Hawaii sales held steady with minimal, Poipu., the same floorplan will be kept private, this form is and. Days properties are on the market prior to selling prices, 1992 to 2021 the unit next door,,. End of the Grand Hyatt Kauai full throttle Covid real estate nationwide, prices may seen! Email from brokersmls @ locationshawaii.com ) and 25 sales the year before, significantly. Popular well established condo complex, within walking distance of the history of Halii Kai, the real. By 1.4 % between December 2022 and January 2023. top agents issues, consult either. Our benchmark another 37.2 % drop Resort on the market, we are seeing! 2021 to $ 29.3M in Q2, a year-on-year drop of 58.9 % towards more of a full Covid! As53 DOM, a 37 % decline floorplan will be priced differently depending the! Bath includes a full throttle Covid real estate stats for January 2023 Kauai land sales $ 1090/sq ft in.! Residential # of sales for each of these 11, five have been outliers, the overall report. Walking distance of the history of Halii Kai condo prices from initial developer sales in 2007 per square foot 2007!