Wednesday Report Nov. 5, 2014

05 Nov Wednesday Report Nov. 5, 2014

04_pool_01

While a hammock with your name on it sways gently next to the ocean
Trades are 15-20 mph under partly cloudy skies in Poipu.  Air temp 79, water temp 81. Surf running 2-4 feet.
Kiahuna Golf Course Greens running 10-11 on the stimp meter.

3rd Quarter Statistics for the South Side of Kauai-

Residential:
Number of Sales up 37.50% – 2013 w/ 24 sales – 2014 w/ 33 sales
Sales Volume up 122.90 % – 2013 w/ $20,449,500 – 2014 w/ $45,582,000
Median Sales Price down <-10.04%> – 2013 w/ $667,000 – 2014 w/ $600,000

Condo:
Number of Sales down <-17.65%> – 2013 w/ 17 – 2014 w/ 14
Sales Volume up 0.94% – 2013 w/ $7,111,475 – 2014 w/ $7,178,507
Median Sales Price up 12.88% – 2013 w/ $330,000 – 2014 w/ $372,500

Vacant Land:
Number of Sales down <-44.44%> – 2013 w/ 27 – 2014 w/ 15
Sales Volume down <-34.96%> – 2013 w/ $12,402,400 – 2014 w/ $8,067,000
Median Sales Price down <-4.53%> – 2013 w/ $309,000 – 2014 w/ $295,000

Sales and Listings for the week of Oct. 29 to Nov. 5, 2014- 

New Listings:

LND $310,000 1116 Lani Nuu St 12,754 sqft
LND $419,000 Kaena St 10,064 sqft
CND $465,000 Regency At Poipu Kai #910 1,263 #910 2/2.00
LND $499,000 Kukuiula Residential Subdivision Ph I Lot #:84 13,207 sqft
RES $599,000 3192/3196 Hikina #B 5,155 sqft 1,144  3/2.00
RES $1,189,000 5401 Kolepa Pl 8,000 sqft 1,733 3/2.00
RES $2,895,000 5167 Hoona Rd 10,623 sqft 4,294 5/4.02
RES $3,500,000 1722 Pee Rd 10,503 sqft 3,683 3/2.02

Sales:

CND $75,000 Kiahuna Ph Iii-b #237 640  1/1
SOLD 10/30/2014 for $70,000  DOM 239

LND $289,000 Nohea St
SOLD 10/23/2014 for $255,000  DOM 80

CND $395,000 Makahuena #I303 1,172  2/2
SOLD 10/29/2014 for $390,000  DOM 10

RES $450,000 3390 Poipu Rd 12,331 sqft 1,182 2/1
SOLD 10/30/2014 for $430,000  DOM 9