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About Koloa's Poipu

Recent Poipu Land Sales

James G. Pycha (R), Kauai Estate Broker: Real Estate Brokerage in Princeville, HI
poipu
Land Area Location Price Price per sq. ft. Taxkey Sold Date
12,333 Kukuiula Ph I Lot #:9 $830,475 $67.00 4-2-6-16-9 6/13/2008
9,105 Kukuiula Ph I Lot #:7 $1,125,000 $124.00 4-2-6-16-7 9/17/2008
13,530 Kukuiula Ph I Lot #:51 $1,315,000 $97.00 4-2-6-16-51 7/25/2008
21,474 Kukuiula Ph Iib Lot #:23 $1,680,000 $78.00 4-2-6-18-23 6/13/2008
26,944 Kukuiula Ph Iib Lot #:24 $1,736,000 $64.00 4-2-6-18-24 6/13/2008
20,751 Kukuiula Ph Iib Lot #:22 $1,760,000 $85.00 4-2-6-18-22 6/13/2008
13,482 Poipu Beach Estate Lot #:163 $625,000 $42.00 4-2-8-31-163 9/23/2008
15,744 Poipu Beach Estate Lot #:155 $657,000 $42.00 4-2-8-31-155 9/19/2008
16,208 Poipu Beach Estate Lot #:158 $675,000 $42.00 4-2-8-31-158 9/16/2008
15,824 Poipu Beach Estate Lot #:154 $685,000 $43.00 4-2-8-31-154 9/5/2008
16,540 <<< Averages >>> $1,108,848 $68.40

Poipu Area Home Sales (From June 5, 2008)

James G. Pycha (R), Kauai Estate Broker: Real Estate Brokerage in Princeville, HI
Subdivision Location Price Bed rooms Bath rooms Living Area Sold Price Sold Date Price per square foot
Koloa Estates Subdivision 2963 Pua Alani Pl $1,695,000 6 4.5 4,019 $1,350,000 6/26/2008 $336.00
Koloa 4432 Lawai Beach Rd $5,900,000 3 2 2,341 $5,650,000 7/7/2008 $2,414.00
Weliweli Houselots 2418 Kipuka St $799,000 3 2 980 $750,000 6/24/2008 $765.00
Lanai Villas @ Poipu Kai 1691 Kelaukia St $1,450,000 4 3 2,135 $1,338,000 7/16/2008 $627.00
WAINANI AT POIPU Wainani #:41(27) $1,795,000 3 3.5 2,026 $1,650,000 7/3/2008 $814.00
Bayview @ Poipu Kai 2228 Iukika Pl $1,900,000 5 4 2,950 $1,750,000 6/16/2008 $593.00
Kiahuna Golf Village 5347 Puuone Pl $1,995,000 3 3 3,124 $1,862,500 6/5/2008 $596.00
Kiahuna Golf Village 2868 Milo Hae Loop $1,995,000 4 4 3,261 $1,780,000 6/10/2008 $546.00
Kiahuna Golf Village 5314 Opua Pl $2,100,000 3 3 2,161 $1,700,000 9/5/2008 $787.00
$2,181,000 2,555 $1,981,167 $830.89

Kauai Properties in escrow Last Seven Days

James G. Pycha (R), Kauai Estate Broker: Real Estate Brokerage in Princeville, HI

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Taxkey Location Price Days on Market
4-3-3-3-28-36 Halelani Village #D104 $200,000 33
4-5-3-6-22-71 Kaiulani Of Princeville #71 $835,000 130
4-3-3-17-127 Pikake Subd Lot #:1732 $267,500 43
4-2-1-9-40 819 Laulea St $459,000 33
4-4-6-17-66-1 4928 Laipo Rd $299,900 156
4-4-6-15-13-5 4896 Nunu Rd #5 $339,000 74
4-5-2-20-98 4362 Ulua St $595,000 123

HOTLINKS

Kauai Tourism Numbers & Recessions

James G. Pycha (R), Kauai Estate Broker: Real Estate Brokerage in Princeville, HI

Start of Recession Worst two quarters Change peak-to-trough Change in unemployment rate* Quarters in recession Quarters of slow growth
1948 -3.5 -1.7 3.3 4 0
1953 -4.3 -2.6 3.4 4 5
1957 -7.4 -3.2 3.4 3 8
1960 -2.3 -0.5 1.9 3 4
1969 -1.3 -0.2 2.6 4 10
1973 -3.1 -3.1 4.1 5 8
1980 -4.3 -2.2 2 2 7
1981 -5.6 -2.6 3.3 5 7
1990 -2.5 -1.3 2.4 2 11
2001 -0.1 0.3 2.2 3 11
2008 (Projected) -3 -1.6 3.1 3 12

HOTLINKS

Poipu's Largest Development Project Announces Layoffs

Richard T Dolbeare (RA), ABR, CRS, RSPS, BS/MS - Engineering Hawaii Dreams Today: Real Estate Agent in Koloa, HI

According to today's Garden Island newspaper, Poipu's largest project, Kukui'ula is laying off about 20% of it's staff because of market conditions. The president is reported to have said he hoped no additional cuts would be necessary which leaves open the possibility that there could be more later. It is reported that timelines for the homes, golf course, and shopping center are unaffected by this.

The Garden Island photo Photo in The Garden Island newspaper

Kukui'ula is the largest ongoing development project on Kauai's South Shore. The develoepr, Kukui'ula Development Company is comprised of a partnership between A&B Properties, Inc and DMB Associates, Inc. A&B is a Hawaii company with extensive land holdings and DMB is an Arizone company with extensive experience in luxury home communities.

Kukui'ula is still marketing their homes and home sites. I have information on the project including pricing and availability for those who are interested.

Aloha

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Richard Dolbeare (RA)

Engineering Hawaii Dreams Today--Helping Buyers Find Dream Homes & Sellers Find Buyers

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