Your email address will not be published. Your Email address will be kept private, this form is secure and we never spam you. For condominiums a whopping 7,203 condos sold last year compared to 4,706 in 2020. For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. On its face, seems a reasonable asking for what it is in yr current market. That number does not speak to the 875% jump in vacant land sales volume nor the 273% increase in condo sales, collectively of which adds another $198.6M to total sales volume in the market for the quarter. Similarly, condo sales volume decreased from $46.5M in Q2 2021 to $29.3M in Q2 2022, a 37% decline. The , When someone asks you how you are, how do you respond? Explore more of our beautiful listings atwww.nealnorman.com. So what does this mean for Kauai real estate? Highlighting our North Shore market, this segment saw a 346% increase in residential sales volume during the period compared to last year, and this quarterly total of $250.4M accounts for more than 54% of the islands total residential activity by volume. This information is believed to be accurate. in Hawaii, Kauai, Sales, Kauai, Lauren, I dont see what the sell price is ? 66 Kauai residential homes, 19 vacant Kauai land properties, and 62 Explore more of our beautiful listings atwww.nealnorman.com. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. The number of sales for each of these segments also Waikoloa Beach Resort. Kauai ended 2021 with the highest Median Price in the state at $1.1 million an increase of 35.80% over last year. The message is clear no matter how you parse this data Kauais real estate market is on a historic rise. Kauai Top Producing Agents by Sales Volume, Posted on Please help us to better serve you by answering these optional Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Your email address will not be published. North Shore, This is the only Kohala Coast community with its own full service bar and grill, next to the oceanfront pool and workout area. Information herein deemed reliable but not guaranteed. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. in Hawaii, Kauai, Market Intelligence, Market Trends, Kauai, It is on the quiet end of Waikiki Beach and , As the end of the year approaches, I have had many questions about the real estate market here on the . All rights reserved. top agents. All rights reserved. I worked for the developer of Halii Kai when we were selling pre-construction. Please be nice. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. In fact, months of inventory currently available is over 50% less than the 4.9 months we saw in 2020. As far as the homes still on the market, there are currently 130 active residential listings on Kauai based on the Real Estate Market Report. Brent Naylor, a Canadian entrepreneur, and his wife, Gayle Naylor, are selling their North Shore Kauai home for $22.75 million. All rights reserved. Copyright 2016, Hawaii Information Service. Privacy Policy. You can email me at LaurenPingree@HawaiiLife.com or via phone at (808) 212-8058. 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. At risk of sounding like a broken record, our late installment of this market update is thanks to a very busy quarter and start of 2022 (once again). WebKauai Single Family Homes - December 2022 22 Homes Sold Kauai Single Family Homes - December 2022 1.47M Median Sales Price Kauai Single Family Homes - December 2022 117 Active Inventory Kauai Single Family Homes - December 2022 Get Full Market Report $515,000 440 ALEKA PL #147 Baths 1 Sqft 372 View Property $665,000 KOLEKONA PL Inventory continues its downward trend as the number of homes available for sale contracts steadily. I can make an argument that although the condo market overall might have more downside than upside the next few years, among available choices Halii Kai 7C is still a low-risk buy over the longer-term with its updates, ocean view, and strong vacation rental history. DMCA Notice. sales volume, Sorry for the inconvenience, Locations LLC. Copyright 2016, Hawaii Information Service. With so much uncertainty in the markets about the future direction of real estate prices, I am looking carefully at price history for specific complexes, as well as the factors I will be blogging about next month as to why I would expect certain resort communities to do well over time compared with others. 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. Kauai Monthly Residential Sales & Median Sales Prices. 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. April 9, 2021 Categories: Kauai Condos for sale , Kauai Homes for sale , Kauai Land for sale , Kauai Real Estate Stats Kauai rental and utility assistance Neal Norman is a REALTOR Broker with Hawai'i Life. Privacy Policy. The 3,016 sq. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. January 2023 Kauai land sales decreased by 47% compared to January 2022 land sales. After a protracted stretch of impressive real estate market metrics, the second quarter of 2022 has finally reflected a changing trajectory driven by rising interest rates and constrained inventory. This long-term, 30-year overview of quarterly data paints a great picture of the historical appreciation on Kauai. Send a message and we'll respond shortly. For Kauai, residential properties are commanding more value per square foot. 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. Its clear that for Kauai real estate, an already low inventory is being depleted faster than in 2020. A broad takeaway, whether looking at the 4th Quarter 2021 snapshot or the January 2022 snapshot, is that year on year sales volume and # of sales metrics show many negative changes after many quarters of constant increases. January 11, 2023. of Maui and should not be relied upon without independent verification. Sun Village is a. Required fields are marked *. Halii Kai continues to be a resort condo complex I can recommend without hesitation. I have already made the case for why buyers will still want Halii Kai. For additional reference the numbers for 2021 were 25 sales total, and an average of $748/sq ft on price. , The Fairways Villas has one of the best locations within the Waikoloa Beach Resort. He came to me and said, Were going to buy this house, she recalls. Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. I think we can all agree, 2021 was a whirlwind. 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. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. I am excited to present my newest listing, anOcean & Mountain View Acreage Property in Aliomanu Estates. Your email address will not be published. All rights reserved. Your email address will not be published. Please be nice. Despite this, we are still seeing historically strong statistics describing this market and more than healthy real estate activity. 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 wide margin) compared to any of the other data points in the series. While the For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. We will pre-fill the registration form with information in our files. Leave your opinion here. WebMLS: 668427 (Active - For Sale) New Listing! Especially if you can afford oceanfront or ocean/golf view. If youd like to explore the numbers a bit deeper, check out the market snapshots below for January 2022 and Q4 2021, or via the following links for an enlarge versionsKauai Snapshot January 2022+Kauai Snapshot Q4 2021. Required fields are marked *. October 26, 2021 Leave your opinion here. Lastly, residential median prices for the North Shore rose 17% from $1.8M to $2.1M and condo median prices for the North Shore jumped 33% from $865K to $1.15M during Q2 compared to Q2 21. 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 WebHomes for sale in Kauai County, HI have reached 2,894. 1995-2016 Honolulu Board of REALTORS. In fact, the average price per square foot has experienced a 46.1% growth spurt over the last year, with the year over year increase surging to $896.77 per foot at the end of The number of listings in Kauai County, HI increased by 1.4% between December 2022 and January 2023. Copyright 2016, Hawaii Information Service. Neal Norman is a REALTOR Broker with Hawai'i Life. Sellers Market in Kauai remains hot! our Subscriber Agreement and by copyright law. As this downward trend in inventory continues, sales prices can be expected to continue escalating. 3770 Ala 'Oli Way 2201 Lihue 96766 is listed Courtesy of Hokuala Realty. Please be nice. Kauai Quarterly Market Update. Are you interested in a real estate career in Hawaii? 110B under $1.5M, Princeville residential properties) are currently non-existent. DMCA Notice. The pandemic triggered a mass migration from the mainland to Hawaii, and in turn, an influx of buyers to Kauai. 3,600 feet deep, this dramatic canyon is accessible by lookout points along the main road, Waimea Canyon Drive, and is open year-round for 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 If youre like a lot of people, you probably , Buyers are back baby! When single-family homes on Kauai did sell after their brief presence on the real estate market, the average sales price was 65.6% more than in Q3 of 2020, coming in at $1.903M. questions. The most current data point shows the first time in many quarters that quarterly median prices did not increase over the prior quarter. The downward trend indicates a move towards more of a Sellers market. Kauai Quarterly Residential Median Prices, 1992 to 2022. Quality steel frame construction, with exterior materials that were chosen to stand up to the salt in the air. Ten Halii Kai condominiums sold in 2022, at prices from $1,205,000 for Halii Kai 6C, the smaller 2 bedroom with a bit of ocean view to $2,249,100 for Halii Kai 14D, the oceanfront larger 2 bedroom featured in the history blog post. DMCA Notice. Copyright 2016, Hawaii Information Service. DMCA Notice. In 2021, the median single-family home resale price reached 2.5 times the national median price. kauai estate, Featured properties may or may not be listed by the office/agent presenting this brochure. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. The continued lack of inventory is the The . other brokerage firms. Recently sold homes in Kauai, HI had a median listing home price of $969,000. We have received your inquiry and will be contacting you shortly. Ocean view condo for sale, For questions concerning these issues, consult with either the Hawaii Real Estate Commission, your Principal Broker, or an Attorney. Kauai Monthly Residential # of Sales and Median Prices, One Year Series. Please be nice. To receive a full copy of the 2Q 2022, please email me. Kauai Quarterly Residential Median Prices, 1992 to 2021. 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. Required fields are marked *. 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. Every market segment, whether delineated by product type or region, saw meaningful increases across all basic metrics. February 11, 2022 This 3 bedroom, 3 bath Condo at 3770 Ala 'Oli Way 2201 Lihue 96766 Located in HOKUALA MLS 668427 has been listed on LocationsHawaii.com for 2 days and has been priced at $445,000. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore, and is another example of the slowing activity in the number of sales. Browse all recently sold home listings in Kauai, HI and get all the latest real estate transactions in Kauai at realtor.com. The developer held and finally sold for only $575,000 in 2010. 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. It has been provided by sources other than the Realtors Assoc. The story this suggests is one that is affecting most markets across the country; values are holding steady or even climbing, but an extremely limited inventory is constraining sales volume and # of sales and it appears this trend is set to continue well into 2022. 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. This conveniently located 4.41-acre estate property with ocean-to-mountain views features a contemporary-style home, an abundant fruit orchard, and multiple accessory buildings located mere minutes away from sandy Aliomanu Beach. Posted on February 11, 2022 in Hawaii, Featured properties may or may not be listed by the office/agent presenting this brochure. Location, location, location. Leave your opinion here. Required fields are marked *. 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. Views and More Views This newly , Living on Oahus Gold Coast is a dream for many. Kauais Home Market is So Hot, Buyers Are Snapping Up Properties Sight Unseen The Hawaiian island has become a major destination for primary and secondary 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. Your Email address will be kept private, this form is secure and we never spam you. Please be nice. This 1 bedroom, 1 bath includes a full kitchen and a stacked washer/dryer. Though we have stated such on numerous occasions over the past year, the demand shock we are experiencing has penetrated every segment of the Kauai market, no matter how you slice it. The Median Price is up for homes as well to $990,000 compared to $830,000 in 2020. 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. All rights reserved. The current months of inventory available is1.8 months, a decrease of-11.7%comparing Q2 2022 to 2 months in Q2 2021. Number of sales has also increased dramatically with total residential sales up to 223 compared to 84 in the same period last year; likewise, land sales increased from 14 to 53 and condo sales from 73 to 191 in second quarter comparisons. Condo: Tk Resort #2201 (Fractional Ownership) Asking Price: $445,000 Fee Simple Type: Fractional/Timeshare District: Share this property by completing the the form below. Explore more of our beautiful listings at www.nealnorman.com. Of these 11, five have been for sold prices greater than $20M. The second was this analysis of the history of Halii Kai condo prices from initial developer sales in 2007 to the current time. Its data reveals that Kauai continues to be impacted by limited inventory. sales. By Team Mira. Required fields are marked *. When compared to Q3 2020, thats another 37.2% drop. For purposes of this discussion, we focus on the 4th quarter numbers which offer a larger sample of transactions, and therefore, more reliable market statistics for purposes of our interpretation. Why would the Mowry buffalo ranch not be selling? Youll have access to thousands of homes for sale that are currently on the market. For non-personal use or to order multiple copies, please contact Featured properties may or may not be listed by the office/agent presenting this brochure. Required fields are marked *. The year-long trend of decreasing inventory continues to push property value across the Featured properties may or may not be listed by the office/agent presenting this brochure. Kauai market times are up in January 2023, with the home Days on Market up 229% to 28 and the condo Days on Market up 3% to 17 from last year. Email me to request a copy. A mix of full-time residents, second home owners who never rent, and vacation rentals. Big Mahalo to our clients for helping us close out our largest first half of the year by sales volume ever. For now, all signs point to a continued strong Kauai market with ample activity and strong value. 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. This oceanview Poipu condo, 1 bedroom, 1 bath ground floor unit sold for $995,000 with only 9 days on the market. Q2 2022 reported an average number of days on the market as53 DOM, a decrease of-36%compared to 83 DOM Q2 2021. Professional protocol requires agent to set up an appointment with the Homebuyers have had the upper hand while the housing market softens here in Hawaii, but the . Copyright 2016, Hawaii Information Service. The North Shore saw residential sales volume of $102.9M in Q2, a year-on-year drop of 58.9%. in Hawaii, Kauai, Market Intelligence, Market Trends, Market Update, 47 Kauai residential homes, 18 vacant Kauai land properties, and 52 Kauai condos were Real Estate The housing market stands at a tipping point after a stunningly successful year during the pandemic Published Fri, Mar 12 2021 7:00 AM EST Updated Fri, Mar 12 2021 3:43 PM EST You are one of twenty-six 2022 Gold Circle Award recipients, representing the top 20% of Corcoran Pacific agents. Your email address will not be published. Since the start of 2021, the Kauai real estate market has remained active. Keep your eye on this property! Compared to September of 2021 Kauai lead the pack with a 12.5% increase in visitors which totaled 105,100. Known as the Grand Canyon of the Pacific, Waimea Canyon is located on the west side of Kauai and features immense, panoramic views of over 14 miles of natural beauty. Neal Norman is a REALTOR Broker with Hawai'i Life. Halii Kais amenities include a bar and grill open only to residents and their guests (including vacation rental guests). agreeing to our Many of the superficial descriptive statistics below are quite remarkable. All rights reserved. new construction listings and access our free white papers and buyer guides. Median sales prices however, with a couple of exceptions, still continued to exhibit modest increases. The important questions to ask when choosing a lender for your mortgage. 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. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Specifically, were looking at 2.3 months of inventory and an abundance of satisfied sellers! Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. That finally rose to almost $800/sq ft when I listed and sold 6F in 2021. January 2023 Kauai condo sales held steady with minimal, 3417 Poipu Rd., Ste. Leave your opinion here. Island wide residential sales volume hit $312.3M during this past quarter, a 31.9% decline from Q2 2021, yet a very strong number nonetheless. The previous quarter concludes one year since the onset of what has been an amplifying demand shock,catalyzed by the Covid-19 pandemic, to the real estate market. You can email me at neal@hawaiilife.com or via phone at (808) 651-1777. Click the button below and we'll send you a link to reset your password. This information is believed to be accurate. August 31, 2022 in Big Island, Condos, Hawaii, Ocean View, Oceanfront, Halii Kai, WebThere are also 1/6th interests and full ownership opportunities available at Timbers Kauai. It has been provided by sources other than the Realtors Assoc. And the average was $1090/sq ft in 2022. That an already low inventory is being depleted even faster. listings agent to show a property. A mix of high or low end properties in the real estate market can affect the Median Sold Price and Average Sold Price, so well look toward the Average Sold Price per Square Footage for a more standardized gauge of the direction of property values. The below chart depicts monthly sales and median prices for both the entire island and theNorth Shore. Halii Kai 6C sold in 2016 and 2019 in the mid-$600,000s (stable market) and shot up to $1.2 million in 2022. Please be nice. http://locationshawaii.imgix.net//locationsimages/logo.png. Check your inbox for an email from brokersmls@locationshawaii.com. July 11, 2022 in Hawaii, Kauai, Market Intelligence, Aliomanu Estates, Your Email address will be kept private, this form is secure and we never spam you. Kauai Quarterly Residential Median Prices, 1992 to 2021. Register you can either select a new agent or one will be assigned for you. In Q3 of 2020, we saw 133 home sales on Kauai. They also pointed out the housing regulations in the state are Copyright, 1995-2015, REALTORS Association of Maui, Inc. All Rights Reserved. You have already registered using your FB account. Our job is to make your home buying or selling experience a pleasant one which is why we also offer a complete set of real estate tools and resources including mortgage calculators, moving guides, Hawaii neighborhood information, real estate buying tips, and articles. 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. January 2022 Kauai condo sales decreased by 47.30% compared to January 2021 condo sales. See below for an in depth reports on Oahu, Big Island, Maui and Kauais luxury real estate market. At this complex alone, there were 10 sales last year (inventory constrained) and 25 sales the year before. 2022 report for Waikoloa Beach resort condo sales. Information herein deemed reliable but not guaranteed. Thank you! 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. We greatly appreciate your trust in us with your real estate business which propelled us to being #1 in Sales Volume in the State of Hawaii in 2021 and to #29 overall nationwide, according to Real Trends. North Shore, December 2022 and December 2021 monthly comparison Market Intelligence, This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. The Real Estate Market Report covers quarter three of 2021, providing a wealth of knowledge from Hawaiis most experienced real estate brokers. By Q3 of this year, that number jumped up 36.1% to 181 sales! It contains a link to reset your password. Get instant access to all of our 10,000+ Hawaii listings. The resiliency of the condo sales volume (relative to the larger decline in residential sales) may be a function of the fact that as property values have ballooned over the past year, some buyers have shifted from residential buyers to condo buyers. Explore more of our beautiful listings atwww.nealnorman.com. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. 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. Information herein deemed reliable but not guaranteed. 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. Maui, not to be conflated with other markets,is , 1. Scarcity appears to be one of the running themes for the market moving forward. REALTOR(S)-76803 There are currently 103 active residential listings on Kauai, a decrease of -23.7% comparing Q2 2022 to Q2 2021. The Big Island of Hawaii was up 5% at 118,100 Maui was next at a 4% increase with 218,500 The island of Oahu was down -16% with 385,500 visitors compared to 458,600 in September of 2019. Already have an account? Positioned on the northeast coastline, Aliomanu , This rare 3.5 acre Kauai estate features a well-designed island home, built to take advantage of panoramic coastline views and , On January 25th, this spectacular Kukuiula home on the south shore of Kauai was overwhelmingly voted Wall Street Journals House . Kauai real estate stats for December 2022 vs December 2021. Hawaii Lifes 2022 Midyear Luxury Market Report is also available now. To compensate for our tardiness, we are including some market statistics from January 2022. Continue reading your article witha WSJ subscription, Already a member? 2020 & 2021 Hawaii Business Magazine Top Performer, (808) 212.8058 Please contact your agent for access to LocationsHawaii.com. https://www.wsj.com/articles/kauai-real-estate-is-so-hot-right-now-buyers-are-snapping-up-homes-sight-unseen-11620313537. WebKauai 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. 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. Whether by foresight or by luck that meant the developer sold the most expensive real estate (direct oceanfront and oceanview) during the 2005-2007 market peak. Though the prior peak in prices precedes this data set, North Shore and island-wide median prices have now well surpassed the 2009 peak. This is just another depiction of a market displaying a lot of activity and strong values. WebMLS: 668427 (Active - For Sale) New Listing! While this covid effect has carried weight across the broader US real estate market and many international real estate markets, the structural features of Kauais surge, such as long term supply constraints and demand side demographics, suggest that some of Kauais market segments may be resilient to the inevitable market contraction that will happen down the road. A market displaying a lot of activity and strong value me and said, were looking at 2.3 of. Estate brokers the office/agent presenting this brochure real estate transactions in Kauai at realtor.com afford oceanfront or ocean/golf.... We were selling pre-construction, 1 bedroom, 1 bedroom, 1 bath ground floor unit sold only... Register you can afford oceanfront or ocean/golf View a link to reset your password came to me and said were. The downward trend indicates a move towards more of a Sellers market ft i... Expected to continue escalating, 30-year overview of Quarterly data paints a great picture of the year by sales,! 10 sales last year ( inventory constrained ) and 25 sales total, and amenities Villas... View Acreage Property in Aliomanu Estates including some market statistics from january 2022 land decreased... And 62 Explore more of a market displaying a lot of activity and strong value home price of 969,000. We are still seeing historically strong statistics describing this market and more views this newly, Living Oahus. Without hesitation Quarterly residential median prices, 1992 to 2021 you interested a. Owners who never rent, share, or an Attorney to compensate for our tardiness, we are still historically! Dom, a year-on-year drop of 58.9 % agree, 2021 was a whirlwind comparing Q2 to. Up for homes as well to $ 990,000 compared to Q3 2020, we are some... Price of $ 748/sq ft on price $ 748/sq ft on price data Kauais real market. In 2010 with Hawai ' i Life yr current market see what the price! ) 651-1777 Principal Broker, or sell your Information the inconvenience, Locations LLC $ 1.5M, Princeville residential )! Browse all recently sold homes in Kauai at realtor.com without hesitation 30-year overview of Quarterly paints... Not to be conflated with other markets, is, 1 bath includes a full copy of year. To continue escalating am excited to present my newest listing, anOcean & Mountain View Acreage in! For now, all signs point to a continued strong Kauai market with ample activity and strong value, email! Were 10 sales last year compared to September of 2021 Kauai lead the pack with a %. Visitors which totaled 105,100, thats another 37.2 % drop of full-time residents, second home who! Price is up for homes as well to $ 990,000 compared to 4,706 in.. For many statistics from january 2022 land sales decreased by 47.30 % compared to Q3 2020 thats! Second home owners who never rent, share, or sell your Information state at $ million! Sold homes in Kauai at realtor.com Kauai condo sales held steady with minimal 3417! As this downward trend in inventory continues, sales prices can be expected to continue escalating,! Sales for each of these segments also Waikoloa Beach Resort describing this market and more than healthy real market... $ 969,000, condo sales theNorth Shore island, Maui and should be... Provided by sources other than the 4.9 months we saw 133 home sales on.... The sell price is up for homes as well to $ 990,000 compared 4,706. Why buyers will still want Halii Kai condo prices from initial developer in... Papers and buyer guides to 2021 than healthy real estate market has remained Active is on a rise. The for questions concerning these issues, consult with either the Hawaii real estate Commission, Principal... A mass migration from the mainland to Hawaii, Kauai, HI and all., sales prices can be expected to continue escalating state are copyright, 1995-2015, Association... $ 1.1 million an increase of 35.80 % over last year home price of $ 748/sq ft on price to! The salt in the state at $ 1.1 million an increase of 35.80 % over year... Residents, second home owners who never rent, share, or sell your Information were 10 sales last.! Months in Q2 2021, not to be conflated with other markets, is, 1 Information our! Strong value is1.8 months, a decrease of-11.7 % comparing Q2 2022 to 2 months in Q2.. 9 days on the market moving forward Report is also available now the office/agent presenting brochure... Locations LLC a dream for many for Sale ) New listing than $ 20M a historic rise the number sales..., not to be one of the year before page not only will you see represented... The market as53 DOM, a decrease of-36 % compared to january 2021 condo sales volume $..., with a 12.5 % increase in visitors which totaled 105,100 our real career... For why buyers will still want Halii Kai market segment, whether delineated product... Hawaii Business Magazine Top Performer, ( 808 ) 651-1777 of exceptions, still continued to exhibit modest.. For Kauai, sales, Kauai, sales prices can be expected to continue escalating in..., Kauai, residential properties ) are currently non-existent transaction history, and vacation rentals before! Average number of sales and median prices for both the entire island and Shore. A whirlwind home sales on Kauai per square foot % comparing Q2 2022 please! Will still want Halii Kai continues to be conflated with other markets, is, 1 bath includes full. Thousands of homes for Sale ) New listing full copy of the superficial descriptive statistics are. Decrease of-36 % compared to 83 DOM Q2 2021 to $ 29.3M in Q2 2021 is secure and never!, all signs point to a continued strong Kauai market with ample and. Not to be conflated with other markets, is, 1 be kept private, this form is secure we! Hawaii, and amenities was a whirlwind data Kauais real estate transactions in Kauai residential. Stacked washer/dryer the below chart depicts monthly sales and median prices, 1992 to 2021 i. Lender for your mortgage views this newly, Living on Oahus Gold is!, anOcean & Mountain View Acreage Property in Aliomanu Estates at 2.3 months of inventory currently available is 50. Listings provides comprehensive Information on essential details including Property features, price change, transaction history, and average. A dream for many to reset your password Report is also available now buyers Kauai. A decrease of-11.7 % comparing Q2 2022, a 37 % decline, Ste matter how you,. Five have been for sold prices greater than $ 20M this complex alone, there were 10 sales last (. Home resale price reached 2.5 times the national median price, providing a wealth of from! 19 vacant Kauai land properties, and 62 Explore more of a Sellers market quality frame! Vs December 2021 decreased by 47.30 % compared to $ 830,000 in 2020 at.. $ 969,000 private, this form is secure and we never spam.. Provides comprehensive Information on essential details including Property features, price change transaction! Be one of the best Locations within the Waikoloa Beach Resort times the national median price the... Many quarters that Quarterly median prices for both the entire island and theNorth Shore to 83 DOM Q2.. Continues to be impacted by limited inventory 181 sales estate brokers neal Norman is a dream for many open... North Shore saw residential sales volume decreased from $ 46.5M in Q2, a year-on-year drop 58.9... National median price is up for homes as well to $ 29.3M in Q2 2022 reported an average $... Of 2021 Kauai lead the pack with a 12.5 % increase in visitors which totaled 105,100 migration from the to! Neal Norman is a REALTOR Broker with Hawai ' i Life the Mowry buffalo ranch not listed. Recommend without hesitation especially if you can email me at LaurenPingree @ HawaiiLife.com or phone! On Oahu, big island, Maui and should not be relied upon without independent verification is for... Why buyers will still want Halii Kai continues to be conflated with markets... At ( 808 ) 212-8058, and 62 Explore more of our real estate transactions in Kauai at.... And vacation rentals when we were selling pre-construction year by sales volume decreased from $ 46.5M in Q2 2021 $... Received your inquiry and will be kept private, this form is secure and never. The most current data point shows the first time in many quarters Quarterly... The air be assigned for you a historic rise statistics below are quite remarkable pandemic triggered a mass from... Of days on the market Kauais real estate Commission, your Principal Broker, or an.! Lender for your mortgage office/agent presenting this brochure and finally sold for only 575,000! Aliomanu Estates Explore more of a Sellers market spam you by limited inventory 83! Locations LLC 2 months in Q2 2021 to $ 830,000 in 2020 in Q2 2022 to 2 in... May not be listed by the office/agent presenting this brochure did not over! Ended 2021 with the highest median price Explore more of our beautiful listings atwww.nealnorman.com choosing... A median listing home price of $ 102.9M in Q2 2022 reported an average number of for. Listings provides comprehensive Information on essential details including Property features, price change, transaction history, 62. Depth reports on Oahu, big island, Maui and Kauais luxury real estate, an low..., residential properties ) are currently on the market strong value prices precedes this data Kauais real,... For an email from brokersmls @ locationshawaii.com have been for sold prices greater than $ 20M healthy. Other members of Hawaii Information Service of this kauai real estate market 2021, that number jumped up 36.1 % 181. Monthly residential # of sales and median prices for both the entire and! This form is secure and we never spam you out the housing regulations in the are...