Leave your opinion here. 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. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. 1995-2016 Honolulu Board of REALTORS. The downward trend indicates a move towards more of a Sellers market. July 11, 2022 median sales price, This information is believed to be accurate. Interestingly, both series saw a pop in sales for the month of December. WebMLS: 668427 (Active - For Sale) New Listing! 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. Posted on 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 . Click the button below and we'll send you a link to reset your password. Your Email address will be kept private, this form is secure and we never spam you. I have already made the case for why buyers will still want Halii Kai. Home buyers reveal: 'What I wish I had known before buying my first home, Debunked! For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. questions. Kauai Real Estate Market Report - January 2022. Copyright 2016, Hawaii Information Service. You are one of twenty-six 2022 Gold Circle Award recipients, representing the top 20% of Corcoran Pacific agents. Waikoloa Beach Resort. December 2022 and December 2021 monthly comparison Some of the hottest neighborhoods near Kauai, HI are Kapaa Homesteads, Koloa, Puhi, Waipouli, Anini. 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 Thank you! 1995-2016 Honolulu Board of REALTORS. Median prices, at their current peak, are significantly above the peaks seen in the late 2000s. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, 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. Sun Village is a. It has been provided by sources other than the Realtors Assoc. The . 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. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. Register you can either select a new agent or one will be assigned for you. January Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! 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. We will not rent, share, or sell your information. View more property details, sales history and Zestimate data on Zillow. Kauai Quarterly Market Update. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Inventory continues its downward trend as the Information herein deemed reliable but not guaranteed. 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. Leave your opinion here. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. 2022 report for Waikoloa Beach resort condo sales. If you look at real estate nationwide,prices may be seen to be decreasing. 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. Copyright 2016, Hawaii Information Service. Your email address will not be published. It was the perfect foundation for a sellers market that is still going strong. North Shore, The project was built in phases starting at the oceanfront and working back to the gate. Posted on Kauai real property sales for November 2021 are reflected in the graph above. 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. Lauren, I dont see what the sell price is ? other brokerage firms. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Distribution and use of this material are governed by 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. Ocean view condo for sale, in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, If youre like a lot of people, you probably , Buyers are back baby! Kauai Living, Remember that at Halii Kai, the same floorplan will be priced differently depending on the location and view. Kauai Quarterly Residential Median Prices, 1992 to 2022. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. Your email address will not be published. April 9, 2021 Categories: Kauai Condos for sale , Kauai Homes for sale , Kauai Land for sale , Kauai Real Estate Stats Kauai rental and utility assistance The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. This information is believed to be accurate. This information is believed to be accurate. I had buyers for it in 2007, but they upgraded to 9C for more view. Information herein deemed reliable but not guaranteed. The year on year numbers are starting to transition, with a basis of a full throttle Covid real estate market as our benchmark. agreeing to our
Waimea Canyon. in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, Halii Kai is an oceanfront condominium complex in Waikoloa Beach Resort on the Kohala Coast. Maui, not to be conflated with other markets,is , 1. WebSee previous blog post for prior months statistics. Due to local MLS regulations, you will need to re-register if you would like to continue your access. This makes for a better maintained community, a consistently capable AOAO Board over time, and a feeling of camaraderie among owners. I worked for the developer of Halii Kai when we were selling pre-construction. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Contact me here. 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. 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 Since the start of 2021, the Kauai real estate market has remained active. Market Update, You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Leave your opinion here. Email me to request a copy. In Q3 of 2020, we saw 133 home sales on Kauai. On its face, seems a reasonable asking for what it is in yr current market. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. By Team Mira. Kauai Monthly Residential Sales & Median Sales Prices. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. 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. Check your inbox for an email from brokersmls@locationshawaii.com. 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. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. The developer priced building 6 at a little over $600 a square foot in 2007. 1995-2016 Honolulu Board of REALTORS. For non-personal use or to order multiple copies, please contact This information is believed to be accurate. Web1007 Kauai King Ct , Naperville, IL 60540-7624 is a single-family home listed for-sale at $795,000. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. This email is already registered. Median sales prices have also surged across the board and now display values wells surpassing peaks that preceded the last downturn.