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

Kauai Real Estate

The Hawaii Association of Realtors provided some very interesting statewide data.  You might not know this but we do not have a statewide MLS system.  The system that Kauai has is the same as the Big Island of Hawaii, Maui has their own as does Oahu.  So this statewide data was very interesting and I’ll include some of it in my blog.

For the year 2011 the Median Price by island was collected for condominiums and houses.  Median Price means half of the prices are higher and half of the prices are lower than the given price.  Island by island it’s a surprise to see that Kauai is number one in Median Price for Condominiums and number two on Median Price for homes.

The we have the charts for the single family home sales and condominium sales for the entire state.  As I had reported in Kauai year end real estate data showed that 2011 showed the buying trend established in 2010 continued and strengthened.  Statewide we see the same trend.

Here on Kauai we had another even week for properties that went into escrow, sold and came on the market.  For a complete list  CLICK HERE FOR SPREADSHEET

Hawaii Condominium Sales 2008 to 2011

Hawaii Statewide Housing Sales 2008 to 2011

Oahu Developer Offers Hope For Koloa Camp Residents

An Oahu developer, with a history of community service work, is stepping in with a solution for the Koloa Camp controversy. Grove Farm sent eviction notices last November to residents of Koloa Camp (see my blog posting Koloa Camp ) so they could start development on a 50 modular homes. Grove Farm did offer the residents first rights to purchase their property but it was at a price that most residents, like 82-year-old Catherine Fernandez, can’t afford.

Peter Savio, president of Hawaiian Island Homes talked to residents on Thursday night offering a “win-win” solution. Mirroring what he did for residents of Poamoho Camp on Oahu when they were faced with an eviction from Del Monte, Savio proposed the same approach at a local meeting. Poamoho was “something really different,” he said. His company bought the land, he said, did the condo conversion (to subdivide), then sold parcels to the renters at cost. His vision for Koloa Camp is the same.
If his company were to purchase the 12 acres at Koloa Camp, he said he would likely do a 33-lot condo conversion. New home development would be possible on vacant parcels, but only plantation-style homes would be allowed to ensure preservation of the historic community.
“We should be willing to buy the land from the owner at appraised value,” he said. “It’s not fair to expect a company to give up value to fulfill a special project.” Savio also reported the Grove Farm is “willing to talk”.

The next meeting is January 26th and in attendance will be Mayor Bernard Carvalho.

U.S. Post Office Issues Aloha Shirt Stamps

Last Thursday the iconic Aloha Shirt was immortalized by the U.S. Postal service at the issuance of their new stamp.

Being set at the postcard rate the stamps depicted five classic shirts; surfers on their boards, fossil fish, shells and sea starts, Kilauea Volcano and Bird of Paradise. Carl Herrman designed the stamps using photos by Ric No