Lynda Gill’s Poipu, Kauai, Hawaii Real Estate at Pacific Ocean Properties

Kauai Market Review Year To Date

At the beginning of every month we do a market review of where we are at Year To Date with real estate sales.  The focus is on Homes and Condos in the Poipu/Lawai/Omao/Kalaheo, Puhi/Lihue and Hanalei/Princeville areas.  The number of sales island wide is up 7.11% and the median price is also up 8.72%.  So lets drill down by the three areas to see how they contributed to these numbers.

Number Of Home Sales Island Wide Up 6.52%

Poipu/Lawai/Omao/Kalaheo had a increase of 3.17% in homes sales, Puhi/Lihue had a negative -9.09% and Hanalei/Princeville area had and increase of 13.04% in their number of sales.

Number Of Condos Sold Island Wide Up 16.50%

Poipu/Lawai/Omao/Kalaheo had in increase of 8.57%, Puhi/Lihue had a whopping 32.81% increase and Hanalei/Princeville had a 16.36% increase!

Median Sales Price For Homes Down -10.00%

Poipu/Lawai/Omao/Kalaheo saw an increase of +11.37 in the Median Price, Puhi/Lihue decrease of -18.74% and Hanalei/Princeville also had an increase of 4.61%

Condo Median Sales Price Down -19.27%

Poipu/Lawai/Omao/Kalaheo saw a massive increase in Median price by +31.69%, Puhi/Lihue had a massive decrease -49.49% and Hanalei/Princeville down slightly by -4.73%.

Last week on Kauai saw a lot of inventory come one the market.  For an excel spreadsheet for all of the activity on Kauai last week CLICK HERE FOR SPREADSHEET
Weather On Kauai

A nearby upper level low has been keeping our weather unsettled from the middle of last week through this Monday morning, the weather has been less than ideal here on Kauai.  Flash flood warnings and sudden furious downpours have been the daily fair instead of our usual sunshiny weather we usually have this time of year.  The weather made the decision for my husband and I to go to the Saturday matinee showing of Tower Heist at the Kukui Grove Cinema (along with the rest of Kauai!) an easy one.  The theatre was packed for the 2 pm showing.

By the forecast it looks ( hopefully ) to be clearing the first part of this week.

Smile!!!  Your On Google!!!

If you see a little bitty car with a really big camera on the top of it cruising around Kauai streets smile because your on Google.  Eric Morse has been cruising every Kauai street we have (weather permitting) video taping for Googles “Street View” which allows internet users to take a 360 degree street level tour.  Eric said it took him four months to film Oahu, six weeks to do Maui and three weeks for Kauai.  Given our weather he might be here a little longer as he can’t record in the rain.  Then he’ll be off to Molokai and Lanai.

Alaska Airlines Adding Bay Cities to Honolulu Flights

Last week Alaska Airlines announced they will launch two direct flights from Honolulu and two Bay Area cities and this service will start in April.  The two flights will be between Honolulu to Oakland and San Jose.

It was also reported that Alaska Airlines recently hired a Honolulu marketing executive in their quest to expand into the Hawaii marketplace.  Alaska has several flights from Lihue to the mainland.

Hawaiian Airlines Adds Flights To Sydney, Australia

Hawaiian Airlines entered into a codeshare agreement with Virgin Australian international airline “V Australia”, they are also bumping up the number off flights that they have to Sydney.  Starting on December 14, 2011 Hawaiian will go from 5 flights a week to Sydney to daily flights.

An agreement is in the works now to allow Hawaiian Airlines frequent flyer mileage program to earn miles on Virgin Australia.