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James G. Pycha (R), REMAX Kauai Broker

Princeville Kauai Condominium Mean Sales Price

PV Mean

Unlike Poipu Condominiums that experienced a 35% spike from 2004 to 2006, Princeville's Mean Sales Price increase has been more gradual. Consequently, the back-pedaling of equity values in the Princeville condominium market, therefore, shows statistically a much less less-dramatic contraction. This phenomenon may also be attributed to the consistently higher number of condominiums on the market in Princeville over Poipu that moderates such market fluctuations.

Poipu Beach Kauai Condominium Mean Sales Prices

The National Association of Realtors projects that as the US economy continues to back-pedal, Real Estate prices nationally will soon contract to 2004 levels. Based on current figures as shown on the graph below, Poipu Beach condo prices have already returned to those levels. This suggests that Poipu Condominium prices may contract even further (2003 levels) since they are essentially second home investment properties.

Kauai Real Estate - Sold Last TEN Days

Taxkey MLS# Sold Price Sold Date Type Days on Market Subdivision
4-2-8-17-10-47 199947 $200,000 11/20/2008 Condo 410 Koloa Beach
4-2-8-17-26-129 207507 $700,000 11/26/2008 Condo 224 Koloa Beach
4-5-4-5-18-97 211709 $386,000 11/21/2008 Condo 75 Princeville
4-2-3-24-54 206283 $250,000 11/21/2008 Land 237 Kakela Makai
4-3-3-17-76 202750 $230,000 11/26/2008 Land 346 Pikake Subdivision
4-3-3-17-127 215908 $253,000 11/25/2008 Land 38 Pikake Ph II Subd
4-2-1-9-40 215159 $435,000 11/21/2008 Res 15 Eleele Nani Subd
4-3-6-20-26 203163 $615,000 11/25/2008 Res 269 Molokoa Subd
4-4-1-11-9 213848 $520,000 11/20/2008 Res 72 Wailua House Lots
4-4-6-15-13-5 214851 $305,000 11/20/2008 Res 71 Kapaa House Lots
4-4-6-17-127 214848 $422,000 11/20/2008 Res 1 Ilima Gardens
4-5-3-11-46 197400 $1,350,000 11/28/2008 Res 509 Queen Emma Bluffs
4-5-5-3-15 216570 $10,500,000 11/26/2008 Res 33 Hanalei
4-5-6-4-26 202631 $2,740,000 11/26/2008 Res 364 Hanalei
Total $18,906,000 190 << Average

Kauai Real Estate Sales - In Escrow Last 10 Days

Subdivision Taxkey Location Price MLS#
Weliweli Heights 4-2-8-20-4-7 Poipu Makai #B2 $800,000 206435
Princeville 4-5-4-5-24-42 Nihilani - Princeville #14C $619,900 212856
POIPU BEACH ESTATES 4-2-8-31-168 Poipu Beach Est Lot #:168 $500,000 218198
4-4-5-16-11-1 4841 Lani Rd #A $129,000 207597
Wailua Homesteads 4-4-2-3-50-1 Kamalu Rd #A $388,000 215796
Kai Ikena Subdivision 4-2-3-21-53 4063 Oni Pl $550,000 213599
N & S Olohena 4-4-4-15-3-3 N & S Olohena Lot #: $1,350,000 216496
Hulu Manu Subd 4-4-6-24-45 5325 Luana St $395,000 181040
Anini 4-5-3-4-26-1 3591 Anini Rd #A $999,500 212775
Lihue 4-3-6-10-83-2 2933 Pikake St #2 $309,999 204927
Nonaka Subdivision 4-4-2-22-62 Puupilo Rd $525,000 210368
Kapaa Meadows Subd 4-4-6-38-75 1605 Kuahale St $349,000 207429
Kahuna/Waiakea/Kawaihau 4-4-6-6-89-2 1720-B Makalemha Pl #B $950,000 215846
TOTAL $7,865,399

KAUAI Real Estate Market: CLOSED SALES - Last Ten Days

Location

Type Price Sold Price List to Sale Land Area Living Area Days on Market Sold Date
1440 Kanepoohui Rd #2 Land $265,000 $255,000 96.2% 30,492 57 11/12/2008
7144-N Kahuna Rd #1 Land $509,000 $480,000 94.3% 99,316 258 11/14/2008
4826-B Alii Rd Res $435,000 $435,000 100.0% 14,513 940 0 11/14/2008
3754 Kakela Makai Dr Res $779,000 $688,000 88.3% 10,369 1,650 288 11/7/2008
6359 Kipapa Rd Res $399,000 $375,000 94.0% 10,672 500 74 11/13/2008
6165 Waipouli Rd #2 Res $998,000 $879,000 88.1% 87,120 2,630 349 11/13/2008
4362 Ulua St Res $595,000 $520,000 87.4% 6,080 1,448 123 11/14/2008
MORE INFO HERE TOTAL >> $3,632,000 92.6% Average >>> 164