Larry Barton
REALTOR ® (S), SFR
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Princeville Forecast
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Princeville Forecast
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in Hawaii?
Current local time:
10:04 pm HST
(Hawaii Standard Time)
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World Time Zones »
10:04 pm HST
(Hawaii Standard Time)
Hawaii does not observe Daylight Savings Time. Therefore, Hawaii is either 2 or 3 hours earlier than California, depending on whether Daylight Savings Time is in effect.
World Time Zones »
Kauai Real Estate
Princeville September 2010 Real Estate Activity Update
Jump to:| New Listings: | Single Family Homes | Condos |
| Sold: | Single Family Homes | Condos |
| In Escrow: | Single Family Homes | Condos |
Aloha everyone,
The summer is over but activity is still reasonably good. We are starting to see more single family home (SFR) properties priced over $1M now that we have experienced 5 sales this year of $1M+. 2 condos at Ka'iulnai have sold for over $1M year to date as prices have been reduced considerably in that project. New listings for both homes and condos in September were about the same as August. As you can see below, three of the 7 new SFR listings are over $1M while all but 3 of the 13 new condo listings are under $550,000. The one Sandpiper unit #223 was under contract before being listed on the MLS which is why it shows as 0 DOM (Days on Market). The other REO (bank owned) Plantation condo was under contract in 6 days and was a quick all cash close. Only 1 SFR and 4 condos closed escrow last month which is down from 3 and 8 respectively in August. Expect closings to pick up next month as there are currently 17 condos and 13 SFR's currently in escrow in Princeville.
There are currently 67 SFR's listed for sale in Princeville which is 4 more than we had last month at this time. Listing prices range from $439,000 to $6.5M. Inventory for condos is up by 4 to 123 units ranging in price from $185,000 for a unit at Paniolo to $2,595,000 for a Ka'iulani ocean view unit. There are currently 23 units listed for sale in Ka'iulani. Financing is typically more difficult to obtain for condos since lenders look at things like 1) % of owner occupants, 2) Is there a front desk for check ins? 3) Are there vacation rentals or fractionals in the project? 4) % of delinquent home owner dues and 5) # of units for sale in the project. As far as vacant land, there was 1 new listing last month and 2 opened escrows. 2 vacant lots have sold in 2010 for $375,000 and $600,000. Expect land sales to pick up next year.
Foreclosures and short sales continue to dominate the overall market but to a slightly lesser degree in Princeville as many of the SFR's and condos are second homes or investments. Expect inventory to remain high for a while due largely to a myriad of foreclosures expected to continue to hit the market. Below is the activity for Princeville during the month of September. Call me if you have questions or are thinking about buying or selling in this very intersting market. Interest rates for a 15 year fixed rate loan are as low as 3.25%!
New Single Family Home Listings |
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| MLS # | Tp | Sub | Own | St | DOM | Taxkey | Tnr | Price | Display | Location | Land area | Details | |
     |
238795 | RES | DT | FL | A | 11 |  4-5-3-12-30 |
FS | $1,195,000 | 3982 Aloalii Drive | 3982 Aloalii Dr | 8,072 sqft | 2,229 3/3.00 |
|
237287 | RES | DT | FL | A | 18 | 4-5-3-12-12 |
FS | $1,395,000 | 3985 Aloalii Drive | 3985 Aloalii Dr | 8,554 sqft | 3,340 2/3.00 |
|
232876 | RES | DT | FL | A | 0 | 4-5-4-8-29 |
FS | $599,000 | Immaculate Princeville Home! | 5112 Kapi'olani Loop | 10,656 sqft | 1,454 2/2.00 |
|
239211 | RES | DT | FL | A | 1 | 4-5-4-14-17 |
FS | $674,900 | 3835 Albert Road- Gorgeous Bank REO | 3835 Albert Rd | 10,579 sqft | 2,708 3/3.02 |
|
238655 | RES | DT | FL | A | 18 | 4-5-4-16-40 |
FS | $697,500 | FRESHLY REMODELED PRINCEVILLE HOME | 4130 Kekaulike Ln | 10,500 sqft | 1,625 3/2.00 |
|
238970 | RES | DT | FL | A | 8 | 4-5-4-21-3 |
FS | $699,000 | Best deal in Princeville, not a short sale. | 3706 Albert Rd | 13,456 sqft | 1,950 3/2.01 |
|
238430 | RES | DT | FL | A | 4 | 4-5-4-16-67 |
FS | $1,395,000 | Incredible Custom Golf Course home | 4421 Emmalani Dr | 11,463 sqft | 1,957 2/2.01 |
| MLS # | Tp | Sub | Own | St | DOM | Taxkey | Tnr | Price | Display | Location | Land area | Details | |
 |
238812 | CND | AT | CPR | A | 15 | 4-5-3-11-1-26 |
FS | $878,000 | Villas On The Prince #26 | 6,000 sqft |
1,765 #26 3/3.00 | |
|
238674 | CND | AT | CPR | A | 14 | 4-5-3-6-22-43 |
FS | $1,695,000 | Kaiulani, #43 | Kaiulani Of Princeville #43 | 2,443 #43 3/3.01 | |
| |
238615 | CND | AT | CPR | A | 23 | 4-5-4-5-4-14 |
FS | $239,900 | Spacious Princeville REO condo - great expansion potential | Princeville Mauna Kai #4B | 1,498 #4B 2/2.00 | |
| |
238633 | CND | AT | CPR | A | 17 | 4-5-4-12-2-8 |
FS | $275,000 | Hale Moi #108 | 1,033 #108 1/2.00 | ||
| |
238953 | CND | AT | CPR | A | 3 | 4-5-4-5-17-41 |
FS | $350,000 | Alii Kai Ii Hanalei #13A | 1,032 #13A 2/2.00 | ||
| |
238596 | CND | AT | CPR | A | 20 | 4-5-4-5-13-13 |
FS | $449,000 | 3 Bedroom 2 Bath End Unit | Kamahana #13 | 1,635 #13 3/2.00 | |
| |
234973 | CND | AT | CPR | A | 8 | 4-5-4-5-23-62 |
FS | $450,000 | Luxury Plantation Condo | Plantation At Princeville #1612 | 1,153 #1612 2/2.00 | |
| |
238695 | CND | AT | CPR | A | 17 | 4-5-4-12-10-21 |
FS | $469,000 | Partial ocean view with golf course view. | Emmalani Court #324 | 1,192 #324 2/2.00 | |
| |
238771 | CND | AT | CPR | A | 17 | 4-5-4-5-23-12 |
FS | $547,500 | The Plantations at Princeville #322 | Plantation At Princeville #322 | 1,318 #322 3/3.00 | |
| |
237172 | CND | AT | CPR | A | 24 | 4-5-4-11-3-51 |
FS | $879,000 | Hanalei Bay Resort #J13 | 1,324 #7105 2/2.00 | ||
| |
237663 | CND | AT | CPR | C | 24 | 4-5-4-5-12-19 |
FS | $269,900 | 3700 Kamehameha Rd, Sealodge #H1, Princeville Resort, Kauai | Sealodge Ii #H1 | 556 #H1 1/1.00 | |
| |
238902 | CND | AT | CPR | S | 0 | 4-5-4-15-21-60 |
FS | $265,000 | Sandpiper End Unit | Sandpiper Village I #223 | 1,173 #223 2/2.01 | |
| SOLD 9/24/2010 for $265,000 (CNV) DOM 0 | |||||||||||||
| |
237662 | CND | AT | CPR | S | 6 | 4-5-4-5-23-11 |
FS | $384,900 | 4771 Pepelani Loop, Plantation at Princeville 321, Princeville, Kauai | Plantation At Princeville #321 | 1,318 #321 3/3.00 | |
| SOLD 9/24/2010 for $385,000 (CASH) DOM 6 | |||||||||||||
| MLS # | Tp | Sub | Own | St | DOM | Taxkey | Tnr | Price | Display | Location | Land area | Details | |
|
234881 | RES | DT | FL | S | 75 | 4-5-4-18-2 |
FS | $895,000 | 4775 Emmalani Drive, Princeville | 4775 Emmalani Dr | 11,217 sqft | 2,016 #0 3/3.00 |
| SOLD 9/24/2010 for $840,000 (1031, CASH, CNV) DOM 75 | |||||||||||||
| MLS # | Tp | Sub | Own | St | DOM | Taxkey | Tnr | Price | Display | Location | Land area | Details | |
| |
230737 | CND | AT | CPR | S | 200 | 4-5-3-11-1-9 |
FS | $799,000 | Villas On The Prince #9 | 1,737 #9 3/3.00 | ||
| SOLD 9/22/2010 for $740,000 (CNV) DOM 200 | |||||||||||||
| |
238902 | CND | AT | CPR | S | 0 | 4-5-4-15-21-60 |
FS | $265,000 | Sandpiper End Unit | Sandpiper Village I #223 | 1,173 #223 2/2.01 | |
| SOLD 9/24/2010 for $265,000 (CNV) DOM 0 | |||||||||||||
| |
225976 | CND | CPR | S | 156 | 4-5-4-12-2-15 |
FS | $288,000 | Hale Moi #115 | 1,033 #115 1/2.00 | |||
| SOLD 9/24/2010 for $255,000 (CNV) DOM 156 | |||||||||||||
| |
237662 | CND | AT | CPR | S | 6 | 4-5-4-5-23-11 |
FS | $384,900 | 4771 Pepelani Loop, Plantation at Princeville 321, Princeville, Kauai | Plantation At Princeville #321 | 1,318 #321 3/3.00 | |
| SOLD 9/24/2010 for $385,000 (CASH) DOM 6 | |||||||||||||
| MLS # | Tp | Sub | Own | St | DOM | Taxkey | Tnr | Price | Display | Location | Land area | Details | |
|
234352 | RES | DT | FL | C | 157 | 4-5-4-15-12 |
FS | $436,900 | Bank owned and priced to sell in beautiful Princeville! | 3837 Haulani Pl | 11,421 sqft | 1,510 #0 3/2.00 |
|
232420 | RES | DT | FL | C | 216 | 4-5-4-23-15 |
FS | $539,000 | 4839 Moli Pl. | 4839 Moli Pl | 7,486 sqft | 1,291 3/2.00 |
|
209942 | RES | AT | FL | C | 877 | 4-5-4-8-9 |
FS | $699,000 | Large Immaculate Punahele View Estate | 3887 Punahele Rd | 11,139 sqft | 3,246 4/3.00 |
|
232164 | RES | DT | FL | C | 221 | 4-5-4-18-56 |
FS | $800,000 | Custom remodel, private location, large lot! | 4158 Kamalani Ln | 16,029 sqft | 2,834 3/2.01 |
 |
233592 | RES | DT | FL | C | 172 | 4-5-4-13-66 |
FS | $825,000 | 3705 Albert Road | 3705 Albert Rd | 10,586 sqft | 2,410 4/3.00 |
|
214254 | RES | DT | FL | C | 793 | 4-5-4-18-20 |
FS | $839,000 | Executive Princeville home w Golf Course, Lake & Mountain views | 4173 Kalani Pl | 10,630 sqft | 3,464 4/3.01 |
| MLS # | Tp | Sub | Own | St | DOM | Taxkey | Tnr | Price | Display | Location | Land area | Details | |
| |
237663 | CND | AT | CPR | C | 24 | 4-5-4-5-12-19 |
FS | $269,900 | 3700 Kamehameha Rd, Sealodge #H1, Princeville Resort, Kauai | Sealodge Ii #H1 | 556 #H1 1/1.00 | |
| |
236890 | CND | AT | CPR | C | 80 | 4-5-4-5-13-3 |
FS | $279,000 | Kamahana #3 | 1,240 #3 2/2.00 | ||
| |
233255 | CND | AT | CPR | C | 191 | 4-5-4-5-23-24 |
FS | $415,000 | Excellent interior location & gorgeous inside! | Plantation At Princeville #622 | 1,366 #622 3/3.00 | |
| |
236696 | CND | AT | CPR | C | 77 | 4-5-4-5-24-15 |
FS | $529,000 | $150,000 Developer Design Upgrade Package. Stunning Views 1,972 SF 1 Level | Nihilani At Princeville Resort #5C | 1,986 #5C 3/3.00 | |
I look forward to hearing from you.
Aloha,
Larry
September 2010
Larry Barton, REALTOR ® (S), SFR, CENTURY 21 All Islands Kauai
P.O. Box 223700, Princeville, HI 96722
(808) 639-7532 Cell / (808) 826-9884 Fax / Email Larry
P.O. Box 223700, Princeville, HI 96722
(808) 639-7532 Cell / (808) 826-9884 Fax / Email Larry