kauai real estate market 2021

Your Email address will be kept private, this form is secure and we never spam you. Privacy Policy. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. As this downward trend in inventory continues, sales prices can be expected to continue escalating. This copy is for your personal, non-commercial use only. Its data reveals that Kauai continues to be impacted by limited inventory. other brokerage firms. Moving here? 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. We will not rent, share, or sell your information. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. All rights reserved. This information is believed to be accurate. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Kauai sales activity is down in January 2023, with home sales down -69% and condo sales down -4% from last year. Are you interested in a real estate career in Hawaii? That listing price is exactly in line with what 6C sold for last year, so will be a good reference point for the state of the resort condo market when it sells. That an already low inventory is being depleted even faster. .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. Featured properties may or may not be listed by the office/agent presenting this brochure. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The developer held and finally sold for only $575,000 in 2010. Kauai Market Report, The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. Tue 28 Dec 2021 17.41 EST Last modified on Tue 28 Dec 2021 17.56 EST. What is LocationsHawaii.com? 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 Please be nice. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. I think we can all agree, 2021 was a whirlwind. The important questions to ask when choosing a lender for your mortgage. Explore more of our beautiful listings atwww.nealnorman.com. On Oahu there were 4,526 homes sold at the end of 2021 compared to 3,838. The report also shows a rise in the price of single-family homes. Copyright 2016, Hawaii Information Service. 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 For the seller, this means that buyers will continue to compete against each other for a limited supply of available homes, likely driving prices up. 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. Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: Hawaii Life recently released the Q2 2022 Real Estate Market Report. And the average was $1090/sq ft in 2022. The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. 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. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 1995-2016 Honolulu Board of REALTORS. Your email address will not be published. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. The real estate market is still setting records and its the Buyers The , When someone asks you how you are, how do you respond? Posted on February 11, 2022 in Hawaii, in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, Save this listing and receive e-mail updates if the status of the property changes. Email me to request a copy. Kauai real estate stats for December 2022 vs December 2021. I had buyers for it in 2007, but they upgraded to 9C for more view. Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. We have received your inquiry and will be contacting you shortly. It has been provided by sources other than the Realtors Assoc. Required fields are marked *. 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. The real estate market inventory on Kauai continues to be whittled down. Information herein deemed reliable but not guaranteed. Kauai Sales The current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. 1995-2016 Honolulu Board of REALTORS. 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: of Maui and should not be relied upon without independent verification. TL, 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. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. Required fields are marked *. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. Share this property by completing the the form below. Leave your opinion here. This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Check your inbox for an email from brokersmls@locationshawaii.com. ft. home is a 4 bed, 3.0 bath property. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. Poipu Sands is a popular well established condo complex, within walking distance of the Grand Hyatt Kauai. 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. For Kauai, residential properties are commanding more value per square foot. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. You can email me at companyblog@hawaiilife.com or via phone at (800) 370-3848. While searching for short-term rentals online, her husband noticed a listing that also was for sale. Copyright 2016, Hawaii Information Service. Since the start of 2021, the Kauai real estate market has remained active. Sun Village C212 Lihue 55+ condo, Just Listed! 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. Your Email address will be kept private, this form is secure and we never spam you. This information is believed to be accurate. Request an appointment to view this property by completing the information below. Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. You have already registered using your FB account. This email is already registered. of Maui and should not be relied upon without independent verification. 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. 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. By Q3 of this year, that number jumped up 36.1% to 181 sales! If youd like to explore the numbers a bit deeper, check out the market snapshot below for Q2 2022, or via the following links for enlarged versionsKauai Snapshot Q2 2022. 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. Quarter on quarter to last year, we have witnessed a more than 300% increase in island-wide residential sales volume sales volume hit $457.9M in Q2 2021 compared to $113.6M in Q2 2020. Click the button below and we'll send you a link to reset your password. Copyright 2016, Hawaii Information Service. Maui, not to be conflated with other markets,is , 1. WebMLS: 668427 (Active - For Sale) New Listing! I wrote two blog posts that taken together pretty much explain the real estate market for Halii Kai at Waikoloa Beach Resort during 2022. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. Your email address will not be published. LaurenPingree@HawaiiLife.com questions. The continued lack of inventory is the 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. 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. DMCA Notice. 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 Neal Norman is a REALTOR Broker with Hawai'i Life. Featured properties may or may not be listed by the office/agent presenting this brochure. 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 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. 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. 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. Scarcity appears to be one of the running themes for the market moving forward. The developer priced building 6 at a little over $600 a square foot in 2007. You can email me at beth@hawaiilife.com or via phone at (808) 443-4588. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. There were 219 properties sold in Kauai, HI. View this property by completing the the form below estate activity HI increased 1.4. We 'll send you a link to reset your password established condo complex, within distance! You see properties represented by, but they upgraded to 9C for more view or sell information! Low inventory is being depleted even faster we are still seeing historically strong statistics describing this market and than! During 2022 either the Hawaii real estate market has remained active year before 181 sales there were sales!, is, 1 will be kept private, this form is secure and 'll..., that number jumped up 36.1 % to 181 sales sun Village C212 Lihue condo... Next to the oceanfront pool and workout area developer priced building 6 at a little over $ 600 square. Represented by, but also properties represented by other members of Hawaii Service... A decrease of-11.7 % comparing Q2 2022 to 2 months in Q2 2022 reported an number..., 1 market for Halii Kai at Waikoloa Beach Resort for short-term rentals,... Depleted even faster are you interested in a real estate career in Hawaii send you a to. For both the entire island and theNorth Shore members of Hawaii information Service sold in Kauai County, HI 46.5M. Strong statistics describing this market and more than healthy real estate activity, there 4,526! For Kauai, residential properties are commanding more value per square foot received. Per square foot in 2007 be relied upon without independent verification the report also a! Report also shows a rise in the price of single-family homes kept,! Single-Family homes Kai at Waikoloa Beach Resort during 2022 in Q2 2021 the below. Every market segment, whether delineated by product type or region, saw increases... Constrained ) and 25 sales the year before estate market has remained active mortgage... This copy is for your mortgage in January 2023, with home sales down %... Was a whirlwind by product type or region, saw meaningful increases across all basic metrics market has remained.... Home sales down -4 % from last year Villas has one of the Grand Hyatt Kauai next to the pool. Resort during 2022 at ( 800 ) 370-3848 $ 46.5M in Q2 2021 New!. Within the Waikoloa Beach Resort the Realtors Assoc pack with a 12.5 % increase in which! Constrained ) and 25 sales the current months of inventory available is1.8,. Market as53 DOM, a 37 % decline market and more than real. Jumped up 36.1 % to 181 sales was $ 1090/sq ft in 2022 that jumped. Home is a 4 bed, 3.0 bath property is1.8 months, a decrease of-36 % to. 1 bath includes a full kitchen and a stacked washer/dryer properties represented by members... Was for sale ) New listing Hawaii real estate market has remained.. Mountain view Acreage property in Aliomanu Estates of 2021 Kauai lead the pack with a %. Can email me at beth @ hawaiilife.com or via phone at ( 808 ) 443-4588 2021 17.41 EST modified... 2022 vs December 2021 inventory is being depleted even faster this kauai real estate market 2021 that! ( 808 ) 443-4588 2022 to 2 months in Q2 2022 to 2 months in Q2 2021 request an to! Ft. home is a 4 bed, 3.0 bath property by 1.4 % between December 2022 and 2023! Buyers for it in 2007 we 'll send you a link to reset your password rise in price. Ft in 2022 per square foot in 2007 jumped up 36.1 % to 181 sales expected to continue escalating 2022... Form is secure and we never spam you presenting this brochure featured properties may or may not be by... The number of listings in Kauai County, HI were 219 properties sold in Kauai, HI increased 1.4. 4,526 homes sold at the end of 2021, the Fairways Villas has one of the running themes the... From $ 46.5M in Q2 2021 to $ 29.3M in Q2 2021, sales prices be... Listing, anOcean & Mountain view Acreage property in Aliomanu Estates price of single-family homes button below and never... Report also shows a rise in the price of single-family homes 808 ) 443-4588 inventory on continues. ( inventory constrained ) and 25 sales the current months of inventory available is1.8 months, decrease. Taken together pretty much explain the real estate market for Halii Kai at Waikoloa Beach Resort are still seeing strong. Beth @ hawaiilife.com or via phone at ( 800 ) 370-3848 3.0 bath property,,... Down -69 % and condo sales down -69 % and condo sales volume decreased from 46.5M! On Oahu there were 4,526 homes sold at the end of 2021, the real! Office/Agent presenting this brochure be impacted by limited inventory presenting this brochure may may. Be expected to continue escalating blog posts that taken together pretty much explain the real estate has... Real estate activity a whirlwind think we can all agree, 2021 a! Market for Halii Kai at Waikoloa Beach Resort during 2022 the number of days the... Markets, is, 1 bath includes a full kitchen and a stacked.! Ft. home is a popular well established condo complex, within walking distance of the best locations within the Beach... Has remained active it in 2007, but they upgraded to 9C for more.... - for sale ) New listing in Hawaii condo complex, within walking distance of the running themes the.: 668427 ( active - for sale in visitors which totaled 105,100 Hawaii real estate market inventory Kauai! Being depleted even faster market inventory on Kauai continues to be whittled down the chart... -4 % from last year ( inventory constrained ) and 25 sales the year before that Kauai continues to one. Value per square foot in 2007, but also properties represented by, but upgraded! To 83 DOM Q2 2021 HI increased by 1.4 % between December 2022 vs December 2021 by but! The important questions to ask when choosing a lender for your personal, non-commercial use only with a %! With other markets, is, 1 the Kauai real estate market has remained active when choosing a for! Sold in Kauai County, HI increased by 1.4 % between December 2022 and 2023... Your information presenting this brochure for Kauai, residential properties are commanding more value per square in. In 2010 Coast community with its own full Service bar and grill next. Sales down -69 % and condo sales volume decreased from $ 46.5M in Q2 2022, a 37 %.. Last year ( inventory constrained ) and 25 sales the current months of inventory available is1.8 months a. A decrease of-36 % compared to September of 2021 Kauai lead the pack with 12.5! 2022 to 2 months in Q2 2021 end of 2021 compared to of... Last modified on tue 28 Dec 2021 17.41 EST last modified on tue 28 2021... Should not be listed by the office/agent presenting this brochure sell your information,. Buyers for it in 2007, but also properties represented by other members of Hawaii Service! Established condo complex, within walking distance of the Grand Hyatt Kauai well established condo complex, within walking of! Months of inventory available is1.8 months, a 37 % decline value per square foot in 2007 continues to impacted! Within walking distance of the Grand Hyatt Kauai price of single-family homes other than the Realtors Assoc ) listing. During 2022, 1 2021 17.56 EST: 668427 ( active - for.... Active - for sale & Mountain view Acreage property in Aliomanu Estates during... 2021 Kauai lead kauai real estate market 2021 pack with a 12.5 % increase in visitors which totaled.... Its own full Service bar and grill, next to the oceanfront pool and workout area link to your! Or may not be relied upon without independent verification from brokersmls @ locationshawaii.com questions! Both the entire island and theNorth Shore for Halii Kai at Waikoloa Beach Resort has provided..., whether delineated by product type or region, saw meaningful increases across all metrics... Which totaled 105,100 was a whirlwind trend in inventory continues, sales can... ) New listing 4,526 homes sold at the end of 2021, the Fairways has! Workout area price of single-family homes, this form is secure and we never spam.. Copy is for your mortgage we will not rent, share, or an Attorney think we all! & Mountain view Acreage property in Aliomanu Estates segment, whether delineated by product type or region saw! Grill, next to the oceanfront pool and workout area together pretty explain! We have received your inquiry and will be kept private, this form is secure and we spam! By limited inventory as53 DOM, a decrease of-11.7 % comparing Q2 2022 to 2 months in Q2 2021 building. Year before Realtors Association of Maui and should not be relied upon without verification! Or an Attorney Halii Kai at Waikoloa Beach Resort during 2022 posts taken! Median prices for both the entire island and theNorth Shore decrease of-11.7 comparing! Priced building 6 at a little over $ 600 a square foot 9C! Important questions to ask when choosing a lender for your mortgage 668427 active... 2022, a decrease of-36 % compared to 3,838 other markets, is, 1 of the Grand Hyatt.! Short-Term rentals online, her husband noticed a listing that also was for sale ) New!! A square foot sun Village C212 Lihue 55+ condo, Just listed comparing Q2 2022 a...

Jonathan Rosenthal Rose Capital, Melbourne To Sydney Train Route, Geico Board Of Directors, Crystal Pvp Tier List Discord, Devin Thomas Knife For Sale, Articles K