Spring is almost over and Summer will be here before you know it.   We are seeing a huge shift in the market over here on Kauai.  The real estate market here is really heating up.  We are seeing huge decreases in the inventory, and pending sales, and sale are growing every month.  One of the biggest changes I am seeing is inventory in certain condo complexes or price points are getting low or disappearing all together.  For example the development I live in, in Princeville,  6 months there were 11,  2 bedroom units for sale,  now there are 0 (zero) for sale.   There were 6 homes for sale in Princeville below $600,000 now there are 0 (zero).  Another big change I am seeing is that the new listings that are coming on the market are coming on at a higher price point.  As we have worked through the majority of the distressed inventory the next set of Sellers are not willing to sell at the distressed level prices.   There are still some really good deals out there you just have to look a little harder to find them.  As always I am here to help let me know when is a good time for you to start looking for your own little slice of paradise.

Below are a couple good articles about the current trends and moods about Real Estate in America right now.

MLS #

Type

Sub

Own

Status

Taxkey

Tnr

Price

Land Area

Location

Lv. Area

Bd/Ba

Unit

254153

CND

AT

CPR

Active DOM:10

4-2-8-20-3-39

FS

$250,000

Makahuena #IIA307

1,113

2/2.01

#IIA307

MLS #

Type

Sub

Own

Status

Taxkey

Tnr

Price

Land Area

Location

Lv. Area

Bd/Ba

Unit

246638

CND

AT

CPR

Active DOM:290

4-5-4-15-21-40

FS

$185,000

Sandpiper Village I #203

1,173

2/2.01

#203

MLS #

Type

Sub

Own

Status

Taxkey

Tnr

Price

Land Area

Location

Lv. Area

Bd/Ba

251002

RES

DT

FL

Active DOM:132

4-2-8-28-36

FS

$797,000

6,477 sqft

1753 Kelaukia St

1,283

2/2.00

MLS #

Type

Sub

Own

Status

Taxkey

Tnr

Price

Land Area

Location

Lv. Area

Bd/Ba

252390

RES

DT

FL

Active DOM:59

4-5-4-21-10

FS

$649,000

10,018 sqft

3836 Kaweonui Rd

2,016

3/3.00

MLS #

Type

Sub

Own

Status

Taxkey

Tnr

Price

Land Area

Location

Lv. Area

Bd/Ba

254180

RES

DT

FL

Active DOM:6

4-5-5-2-116

FS

$1,795,000

7,178 sqft

5283 Malolo Pl

2,939

5/4.01

 

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

 

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