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Princeville, HI Real Estate News

By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai!We’re off to a good start for April with 6 sales already posted as we work towards exceeding the 68 sales from April 2015. March closed out the month showing no signs of weakness with 105 sales, a 20% increase over last March and the first time for triple digit numbers this year. Here is your update for this week:NEW LISTINGS294563 CND A 0 $350,000 4-5-4-12-2-10 FS Hale Moi #110 1,033 #110 1/2.00292678 CND A 5 $449,000 4-5-4-5-4-6 FS Mauna Kai #6A 1,503 #6A 2/2.00294521 CND A 1 $579,900 4-5-4-12-10-24 FS Emmalani Ct #412 1,192 #412 2/2.00BACK ON THE MARKET288023 CND A 200 $659,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00CONTINGENT SALES286638 CND C 183 $359,000 4-5-4-15-21-3 FS Sandpiper #103 1,042 #103 2/2.00293090 CND C 45 $1,100,000 4-5-4-12-11-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai,Happy Easter! After a major storm Thursday night which resulted in a flash flood warning part of Friday, we now have had one of the most beautiful weekends ever, perfect for an Easter Sunday and all the associated Easter egg hunt activities.It was also a great week for Real Estate with both Condos and Houses showing some signs of life. Take a look:NEW LISTINGS293875 CND A 5 $569,000 4-5-4-11-3-119 FS Hanalei Bay Resort #T33 867 #T33 1/2.00293154 CND A 4 $675,000 4-5-4-5-24-96 FS Nihilani #32C 1,972 #32C 2/3.00CONTINGENT SALES288023 CND C 193 $699,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00SALES285115 CND S 227 $425,000 4-5-4-12-2-7 FS Hale Moi #107 1,033 #107 1/2.00SOLD 3/21/2016 for $400,000 (CNV) DOM 227291752 CND S 45 $575,000 4-5-4-5-18-50 FS ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai,It’s been somewhat dreary, overcast and cool this past week – with occasional warm periods. If you’ve been here, you know the weather changes in a heartbeat. It’s the time of year when it’s easiest to tell locals from visitors. You’ll see some people with sweaters zipped up, wearing Uggs with their jeans while those right next to them are in tank tops, shorts and slippers. The contrast is amusing.Of course, I’m the group with the jeans and Uggs. Having been here since ’91 my blood is thinner than most, and as one of my friends who has been here since 2013 mentioned, it doesn’t take long for that to happen – as she sat bundled up in jacket, jeans and Uggs, sipping hot coco.As for real estate, we are at 68 sales as of today Sunday, as we head towards the goal ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai!If you are in Princeville today, Sunday, there is a “Second Sunday Princeville Night Market” from 4 to 8 PM. On Maui they have similar events around the Island on Fridays. Depending on what Friday it is, you can go to one of five different towns for a party. Mauifridays.com.It’s nice to see this type of event taking hold on Kauai. The first Saturday of each month you can enjoy “First Saturday of the Month Art Walk” in Kapaa. “Kilauea Art Night” is a monthly affair held the last Saturday of the month between 4PM – 8PM. There’s also the Art Night in Hanapepe which is a weekly affair as well as various other events throughout the Island.This is the first time I’ve seen this event in Princeville. Do your part to ensure it continues by attending! “Princeville Nig...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai,Condos were flying off the shelves this week with one new listing, five new escrows and three sales. We’ll need all these sales and more to meet or exceed the 88 sales from Mar 15. As of today, Sunday, there have been 12 sales.With interest rates remaining low and a good inventory, we can look forward to continued movement in the market. Here is your update for this week:NEW LISTINGS293543 CND A 2 $639,000 4-5-4-5-23-56 FS Plantation #1422 1,318 #1422 3/3.00CONTINGENT SALES286355 CND C 226 $387,000 4-5-4-5-18-91 FS Puamana #25B 1,298 #25B 2/2.00291474 CND C 46 $469,000 4-5-4-12-2-12 FS Hale Moi #112 1,033 #112 1/2.00288341 CND C 165 $529,000 4-5-4-5-23-34 FS Plantation #912 1,153 #912 2/2.00293284 CND C 10 $679,000 4-5-4-12-10-7 FS Emmalani Court #215 1,456 ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai,February held steady, posting 65 sales, which is an 8% increase over the 60 sales from last Feb., but no match for the 75 properties sold Jan 16. Within the last 6 years, only Feb 14 outperformed with 67 sales. The low was Feb 12 with 61 sales.Year to date we are ahead by 13 sales, with 127 sales this time last year compared to 140 at the end of this Feb. The only higher “year to date” was Feb 14 with 149 transactions. Overall, the real estate activity seems brisk, interest rates are good, and it’s easy to see from the traffic on the roads, that visitors are definitely on Island.Sales volume is down slightly from $53M in Feb 15 to $51M this past Feb. Feb 13 and 14 had $43M in sales, Feb 12 a mere $38M and Feb posted $45M. Year to date we are way up with $107...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai,It was an exciting week here in the Islands, with huge surf coming in just in time for the Eddie Aikau Big Wave Invitational held in Waimea Bay on Oahu’s North Shore. The event was last held in 2009 as the event has the requirement that open-ocean swells reach a minimum height of 20 feet, which translates to 30′-40′ faces. This year’s event, the first since 2009, set records as having the largest waves in the history of the event, 60′, which has been taking place since 1984.If you have never heard of Eddie Aikau or the event, do yourself a favor and Google it. He was quite a waterman, athlete, family man….He was quite amazing.As for Real Estate, condo activity remained robust with 2 new listings, 2 escrows and 2 sales. Apparently, not everyone was glued to t...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai!Here we are with 7 more days to go in Feb and there have been 41 sales as we head towards the number to beat, which is 60. Although things were a bit slower this week, there were still three condos and two homes that went into escrow.NEW LISTINGS293080 CND A 5 $599,900 4-5-4-5-15-5 FS Paliuli #5 1,337 #5 2/2.00293090 CND A 3 $1,100,000 4-5-4-12-11-14 FS Puu Poa #114 2,079 #114 2/2.00CONTINGENT SALES291281 CND C 7 $469,000 4-5-4-5-16-55 FS Alii Kai #7104 886 #7104 2/2.00290446 CND C 72 $595,000 4-5-4-5-39-149 FS Cliffs #6301 1,186 #6301 2/2.00UNDER CONTRACT292260 CND U 7 $634,500 4-5-4-5-23-39 FS Plantation #1021 1,318 #10213/3.00EXPIRED287363 CND X 115 $375,999 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00PRICE CHANGES285390 CND A 243 $679,000- 4-5-3-11-1-31...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai,And Happy Valentine’s Day! Valentine’s Day is one of my favorite days as it celebrates what the world needs most- Love Sweet Love – as Dione Warwick once sang. If there were more love and less of everything else what a wonderful world it would be!It looks like many happy couples celebrated with a new Kauai condo this past week, as no fewer than 17 condos found buyers, 8 of which were in Princeville. Here is your Valentine’s update:NEW LISTINGS292895 CND A 4 $2,190,000 4-5-3-6-22-16 FS Kaiulani #16 2,843 #16 3/3.01291281 CND A 1 $469,000 4-5-4-5-16-55 FS Alii Kai #7104 886 #7104 2/2.00292981 CND C 2 $449,000 4-5-4-5-4-19 FS Mauna Kai #9B 1,498 #9B 2/2.00292430 CND W 1 $2,199,000 4-5-3-6-22-16 FS Kaiulani #16 2,843 #16 3/3.01BACK ON THE MARKET292413 CND A 17 $...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai!Happy Superbowl Sunday. We closed out January on an upswing with a 12% increase in sales going from 67 in Jan 15 to 75 this past Jan. With the new escrow and sales reported below, we’re off to a good start for Feb. Take a look for yourself:NEW LISTINGS292690 CND A 1 $1,295,000 4-5-3-6-22-24 FS Kaiulani #24 2,873 #24 3/3.01292489 CND A 4 $429,000 4-5-4-5-4-16 FS Mauna Kai #6B 1,498 #6B 2/2.00292682 CND C 3 $595,000 4-5-4-5-16-43 FS Alii Kai #5203 1,085 #5203 2/2.00CONTINGENT SALES289644 CND C 87 $1,295,000 4-5-3-6-22-27 FS Kaiulani 27 2,864 #27 3/3.01292682 CND C 3 $595,000 4-5-4-5-16-43 FS Alii Kai #5203 1,085 #5203 2/2.00292260 CND C 12 $634,500 4-5-4-5-23-39 FS Plantation #1021 1,318 #1021 3/3.00SALES282683 CND S 37 $360,000 4-5-4-15-21-7 FS Sandpiper #107...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai!Jan 16 is off to a good start, easily surpassing the 67 sales from Jan 15 by 9% – with 73 sales as of today, Sunday. There may still be a few that haven’t reported yet so I’ll update you on the final total next week.Overall, there was quite a bit of activity, especially in condos, with 3 new listings, 4 escrow and 2 sales. Interest rates are still good and there are still good opportunities to purchase. Take a look:NEW LISTINGS292406 CND A 0 $329,900 4-5-4-5-39-39 FS Cliffs #2109 917 #2109 1/2.00292260 CND A 5 $634,500 4-5-4-5-23-39 FS Plantation #1021 1,318 #1021 3/3.00292413 CND C 3 $1,345,000 4-5-3-6-22-4 FS Kaiulani #4 2,843 #4 3/3.01CONTINGENT SALES292413 CND C 3 $1,345,000 4-5-3-6-22-4 FS Kaiulani #4 2,843 #4 3/3.01285115 CND C 237 $425,000 4-5-4-12-2-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha from Princeville Kauai!This was a busy week for condos, but not so much for houses. Overall, the months is going strong with 54 sales, trying to surpass the 67 from Jan 15. We have one week to go. With 37 properties Islanwide currently under contract and another 172 in escrow, there’s a good chance we’ll make it. Now on to your update:NEW LISTINGS291474 CND A 4 $469,000 4-5-4-12-2-12 FS Hale Moi #112 1,033 #112 1/2.00BACK ON THE MARKET291744 CND A 7 $679,000 4-5-4-5-24-21 FS Nihilani #7C 1,972 #7C 3/3.00CONTINGENT SALES288518 CND C 89 $635,000 4-5-3-11-1-2 FS Villas On The Prince #2 1,737 #2 3/3.00282683 CND C 43 $360,000 4-5-4-15-21-7 FS Sandpiper Village #107 1,042 #107 2/2.00SALES289783 CND S 192 $729,000 4-5-4-6-1-50 FS Villas Of Kamalii #50 1,825 #50 3/3.00SOLD 1/22/2016 for ...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Kauai, Hawaii Pali Ke Kua Condo Sales 1999 thru 2015.  Pali Ke Kua is a development of 99 condos in Princeville, Kauai HI.  that were built in 1972 - 1974 but most where rebuilt after hurricane Iniki in 1992.  The development offers a swimming pool and spa, a paved path to the beach and an on-site restaurant, Hideaways. In 2015 there were five (5) condos that sold with a median sales price of  $512,500.  The least expensive Pali Ke Kua condo that sold in 2015 was #3 with a sales price of $435,000 in January.  The most expensive Pali Ke Kua condo that sold in 2015 closed for $732, 500 in August. The peak in the median sales price at Pali Ke Kua was in 2009 when the median sales price was $912,500.   The most expensive sale of a Pali Ke Kua condo was in Januaray 2006 when Pal...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha with news from Princeville Kauai!It was a very busy week, especially for condos. Let’s get right to it!NEW LISTINGS291166 CND A 1 $419,000 4-5-4-12-9-26 LH Pali Ke Kua #236 #236 /0.00290997 CND A 2 $495,000 4-5-4-5-18-63 FS Puamana 17D 1,298 #17D 2/2.00291760 CND A 5 $699,000 4-5-4-11-3-122 FS Hanalei Bay Resort #2311 867 #2311/​12 1/2.00291869 CND A 3 $890,000 4-5-4-11-3-35 FS Hanalei Bay Resort #5303 1,324 ##5303/​4 2/2.00291763 CND A 5 $995,000 4-5-4-12-5-20 FS Pali Ke Kua #202 1,127 #202C 2/2.00291744 CND X 1 $679,000 4-5-4-5-24-21 FS Nihilani #7C 1,972 #7C 3/3.00CONTINGENT SALES265147 CND C 919 $539,000 4-5-4-5-24-95 FS Nihilani #32B 1,406 #32B 2/2.01SALES285610 CND S 53 $399,000 4-5-4-5-4-9 FS Mauna Kai #9A 1,503 #9A 2/2.00SOLD 1/11/2016 for $370,000 (CNV) DOM 53285252 CND S...
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Princeville Kauai Homeowners Fees. HOA | AOAO | Condo Association Info Aloha friends! One of the most common questions we have here in Princeville is “Why are the HOA dues so high?”. Great question. To better understand what the owners are up against here on this little island in the middle of the pacific ocean, let’s break it down. Here’s what most monthly HOA feels include on the Garden Island of Kauai: The expenses us Realtors will usually trumpet about being covered Water Sewer Garbage Then some of the expenses that get swept under the rug Building repair and maintenance Plumbing | Grounds | Pool Common area electric Pest Control Property Management Amenities: Pool | Tennis Courts | Gym Landscaping | Tree and Coconut removal (so they don’t fall and injure anyone or your car) Insuran...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Kauai, Hawaii Emmalani Court Condo Sales 1999 thru 2015.  Emmalani Court is a development of 42 condos that were built in 1992 - 1994.  The development offers a swimming pool and spa, "clubhouse", covered parking and an on-site resident manager. The development is located on hole number 7 of the Makai Golf Cours.In 2015 there were two (2) condos that sold with a median sales price of  $593,750.   Both are two bedroom units.  Emmalani Court 421 sold for $562,500 in July and Emmalani Court 215 sold for $625,000 in October. The peak in the median sales price at Emmalani Court was in 2006 when the median sales price was $750,000.   The most expensive sale of an Emmalani Court was in 2007 when # 211 sold for $900,000.      Currently (January 2015) there are four (4) Emmalani Cou...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha with news of Princeville Kauai,It was a fairly busy week for new condo listings, with 5 new ones. The 3 others show as new due to the agent moving to a different brokeage. Take a look below:NEW LISTINGS284345 CND A 5 $479,000 4-5-4-5-17-26 FS Alii Kai #11B 1,020 #11B 2/2.00291752 CND A 1 $575,000 4-5-4-5-18-50 FS Puamana #14B 1,298 #14B 2/2.00291606 CND A 1 $575,000 4-5-4-12-9-9 FS PALI KE KUA #13 1,135 #13 2/2.00291701 CND A 2 $619,000 4-5-4-12-10-16 FS Emmalani Court #314 1,192 #314 2/2.00284343 CND A 5 $665,000 4-5-4-5-39-198 FS Cliffs #9302 1,137 #9302 2/2.00291749 CND A 1 $749,900 4-5-4-6-1-54 FS Villas Of Kamalii #54 1,767 #54 3/3.00291660 CND A 1 $989,000 4-5-4-12-8-5 FS Pali Ke Kua #119 763 #119 1/1.00291201 CND A 5 $1,895,000 4-5-4-12-11-43 FS Puu Poa #401 1,359 #401 2/2....
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Hawaii Single Family Home Sales for 2015. Hau'oli Makahiki Hou! Recently I posted the Princeville Condo Market Statistics for 1997 thru 2015. Here is the sales information for single family residence sales for that same period. The number of Princeville single family residences that sold in 2015 (45) was up 12.5% from the previous year (2014) when there were 40 Princeville single family residences that sold.  Twenty (20) of those homes sold for over $1 million.  Thirteen (13) of those that sold for over $1 million sold in the first half of the year. Seven (7) of those sales of over $1 million closed in the second half of 2015. The 2015 median sales price ($927,000) was a decrease from 2014 when the median sales price was $962,500. There were no REO (Bank owned) sales in 201...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Hawaii Condo Sales Market Sales for 2015. Hau'oli Makahiki Hou! Are you ready for the Princeville Condo Market Statistics for 2015? Well, here they are.  The number of Princeville condos that sold in 2015 (91) was up 8% from the previous year (2014) when there were 84 Princeville condos that sold.  The 2015 median sales price ($562,500) showed an increase of 8.5% over 2014 when the median sales price was $477,000 - an increase of $85,5000. Three (3) Princeville condos that sold in 2015 were REO (Bank owned) sales.   Ali'i Kai 1203 sold for $375,00; Sandpiper Village #220 sold for $350,000 and Princeville Mauna Kai sold for $319,900. The least expensive condo that sold year-to-date 2015 in Princeville was Princeville Paniolo that sold for $265,000 and was in need of updates....
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha with news of Princeville Kauai!First of all – I’d like to wish you a very Hau’oli Makahiki Hou – filled with love, health, peace and prosperity —- and your own piece of paradise, wherever it may be. Dec 15 closed with rush, posting 82 sales which barely surpassed the 80 sales of Dec 14. Year to date we ended up with 992 sales compared to 1002 for last year.Sales seem to be holding steady – and we are all looking forward to a great 2016. If you find yourself interested in buying or selling, get the facts before making a move. That’s why I’m here! It was not a busy week, as you might expect, but there was one new escrow in condos and two homes found a buyer. Here is your update:NEW LISTINGS291364 CND A 1 $639,999 4-5-4-5-16-51 FS Alii Kai #6103 1,088 #6103 2/2.00CONTINGENT SALES2796...
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