Aloha,
It was another glorious week here in Paradise, so much so that we even went for a motorcycle ride Saturday down to Lihue to take in a movie. It was equally beautiful Sunday so we went down to the beach in Kapaa (for a change of venue) and soaked up some sun.
January 2010 closed out the month well above January 2009 with 54 transactions compared to only 20 in ‘09. This is almost as much as December 2009 which ended up with 59 total. Let's hope February follows in January's footsteps. It won't be hard to outdo the number of sales in Feb 09 as there were only 26. Now on to your update:
Copyright 2/7/2010 by Hawaii Information Service
NEW LISTINGS
231596 T A 4 4-5-4-12-2-35 FS $329,000 Hale Moi #215 1,033 #215 1/2
231884 T A 1 4-5-4-6-1-29 FS $749,000 Villas Of Kamalii #29 1,825 #29 3/3
BACK ON THE MARKET
206436 T A 729 4-5-4-15-21-7 FS $265,000 Sandpiper Village I #107 1,042 #107 2/2
CONTINGENT SALES
229454 T C 48 4-5-4-5-24-76 FS $539,000 Nihilani At Princeville Resort #26A 1,874 #26A 3/2.5
WITHDRAWN
218650 T W 427 4-5-3-6-22-52 FS $1,749,000 Kaiulani Of Princeville #52 2,479 #52 3/3
218644 T W 427 4-5-3-6-22-11 FS $1,995,000 Kaiulani Of Princeville #11 2,864 #11 3/3.5
206918 T W 925 4-5-4-5-18-91 FS $385,000 Puamana #25B 1,532 #25B 2/2
228792 T W 85 4-5-4-5-24-72 FS $798,000 Nihilani At Princeville Resort #24C 1,972 #24C 3/3
PRICE CHANGES
229521 T A 80 4-5-4-15-21-15 FS $214,900- Sandpiper Village I #115 1,042 #115 2/2
230720 T A 34 4-5-4-5-27-18 FS $310,000- Hale Honu #9B 1,085 #9B 3/2
231100 T A 24 4-5-4-5-16-50 FS $486,900- Alii Kai At Hanalei #6102 1,088 #6102 2/2
229660 T A 69 4-5-4-5-24-44 FS $565,000- Nihilani At Princeville Resort #15B 1,874 #15B 3/2.5
226784 T A 170 4-5-4-6-1-12 FS $730,000- Villas Of Kamalii #12 1,825 #12 3/3
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Hale Moi 215 returns to active status, having previously been listed from 4/06 to 3/07 starting at $629,900 and ending at $560K when it was withdrawn. It was listed again from 4/07 to 4/09 during which time it went from $559K to $529K when it expired with 729 market days. This time unit 215, which sold for $425K in 8/04, is newly listed at $329K as a short sale. Also back on the market is Villas of Kamali'i 29 which sold for $750K in 6/05. This unit was listed from 2/08 to 2/09 starting at $925K and reducing to $855K when it was withdrawn. It was relisted in 6/09 to 1/2010 for $839K. It is now listed for $749K.
Sandpiper 107 is back on the market after expiring listed at $265K which is still the list price. This unit sold for $365K in 9/04 and started out with a price of $419K. This is not a short sale.
Nihilani 26A went quickly into escrow this week with only 46 market days, having reduced to $539K from the original start price of $589K. 26A sold from the developer on 12/06 for $805K.
Two developer's Ka'iulani units were withdrawn this week, unit 52 listed for $1.749M and unit 11 listed for $1.995M. Puamana 25B, listed at $385K and purchased for $380K in 9/04 was also withdrawn from the market. Nihlani 24C, a resale listed for $798K withdrew from the market. This unit sold from the developer in 12/06 for $876,145.
As for price changes: Sandpiper 115, which sold for $180K in 12/01 and was foreclosed on in 7/09 reduced from $224,900 to $214,900. I looked at this unit and other day and it is surprisingly clean and tidy for a foreclosure although it could use some updating. Hale Honu 9B which sold for $355K in 4/04 reduced from $324K to $310K. Ali'i Kai 6102 went from $499,900 to $486,900 and last sold for $140K in 8/98. The developer's Nihilani unit 15B went from $585K to $565K while Villas of Kamali'i made a token reduction from $735K to $730K. This unit last sold for $750K in 6/05.
Now on to your Princeville home update:
Copyright 2/7/2010 by Hawaii Information Service
NEW LISTINGS
231558 RS A 5 4-5-3-12-4 FS $1,895,000 4035 Aloalii Dr 9,415 sqft 3,232 3/3
UNDER CONTRACT
224805 RS U 197 4-5-4-23-46 FS $549,000 3785 Moae Pl 6,894 sqft 1,199 2/2
EXPIRED
220820 RS X 352 4-5-4-13-40 FS $995,000 3618 Keoniana Rd 12,013 sqft 3,081 4/3.5
220890 RS X 364 4-5-4-18-56 FS $1,450,000 4158 Kamalani Ln 16,029 sqft 2,834 3/2.5
WITHDRAWN
226182 RS W 190 4-5-4-16-7 FS $795,000 5029 Emmalani Dr 10,500 sqft 3,304 4/3
TEMPORARILY WITHDRAWN
230076 RS T 60 4-5-4-14-4 FS $895,000 3792 Keli'i Pl 10,481 sqft 2,523 3/2.5
PRICE CHANGES
229317 RS A 83 4-5-3-11-32 FS $1,349,000- 4066 Aloalii Dr 13,511 sqft 2,784 3/2.5
227009 RS A 110 4-5-3-12-3 FS $1,888,000- 4043 Aloalii Dr 8,972 sqft 3,588 3/3.5
227993 RS A 130 4-5-4-18-24 FS $597,000- 4679 Emmalani Dr 11,128 sqft 1,861 3/3
210765 RS A 642 4-5-4-23-24 FS $629,000- 3807 Makani Kai Pl 10,386 sqft 1,535 3/2
229218 RS A 87 4-5-4-24-11 FS $649,000- 4240 Waileia Pl 12,336 sqft 2,074 3/2
227771 RS A 142 4-5-4-13-72 FS $998,000- 3661 Albert Rd 10,466 sqft 2,655 3/3.5
226733 RS A 177 4-5-4-18-10 FS $2,950,000- 4184 Mahina Pl 12,200 sqft 3,927 3/3.5
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
I've been seeing more buyers coming into the office and agents out showing property which I hope will translate into sales. As of today (2/8/10) there are 132 condo listings and 63 residential listings in Princeville which includes Queen Emma's Bluffs. If you've been out to look lately, you know those numbers are deceiving because there's only a few that will catch your attention. Now is the time to look though, while the choices are there. If you are thinking of buying or selling don't forget to call or email for the facts. That's it for this week.
Aloha Elaine
Late in the day at a Kapaa Beach.
Afternoon sun behind the swaying palms.
Elaine Schaefer (R, CRS, GRI, ABR)
Broker in Charge - Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor's Institute
Accredited Buyer's Representative
Top Producer 100% Club
RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/
......you can have your own piece of paradise
ask me how!
