Kauai Real Estate, Governor Issues State Mask Mandate, Kauai Still At Tier 4 With Tier 3 On The Horizon

Kauai Real Estate SOLD and NEW listings Island Wide! Add comments

Kauai Real Estate Update  Another busy week on Kauai for real estate, for a list of the properties that were Just Listed, were Sold or went into Escrow last week on the island of Kauai click here:  Kauai Real Estate Update November 9 to 15, 2020

Poipu Beach Real Estate Update– My Poipu Beach real estate page has been updated to bring you the latest news on the fee simple real estate activity.  To access that click here:  Poipu Beach Current Market Analysis

<img src=”image.gif” alt="kiahunaplantation“/>Kiahuna Plantation Real Estate Update– I just listed Kiahuna Plantation unit #324 which is a ground floor corner unit located in building 39.  This unit has tiled floors with a carpeted bedroom.  Great airflow and nicely decorated, listing price is $89,000 (LH).  For a complete list of all the real estate activity at Kiahuna click here:  Kiahuna Plantation Current Market Analysis

Hawaii’s Governor Ige Issues Mask State Mandate
Yesterday Governor Ige issued an emergency proclamation that everyone in Hawaii “shall wear a face covering over their nose and mouth when in public.”  Businesses shall “refuse admission” to anyone not following the rules.
The exception is if you are in public or at work you don’t need to wear a mask if you are 6 feet away from others.
Previously the mandate had been for whatever island you are on, you follow their guidelines.  But with trans pacific travel opening up, and the COVID cases on the rise, the public and officials pushed to have this statewide mandate.
Those that don’t?  Pretty hefty fine of facing a misdemeanor charge with up to a year in jail and fines up to $5,000.
To read the full version of the Mask Mandate click here:  Hawaii State Mask Mandate Emergency Proclamation

Kauai COVID Cases Up, Still At Tier 4 <img src=”image.gif” alt="kauaicovid“/>
The number of COVID cases on Kauai are on the rise.  At this time we are averaging 1 new case a day which keeps us at Tier 4, the least restrictive of our four tier system.  It’s at Tier 2 that the bypassing of the 14 day quarantine with a negative COVID test would be stopped.  Our cumulative case total is 74 with 13 active cases.
With Thanksgiving just around the corner our local TV shows and Nightly News has been peppered with public service ads to social distance for the Holiday and to perhaps skip the family gathering all together and to for sure not have people over that are not a part of your immediate family.
The news on a possible vaccine has been all over our news as I’m sure it’s been for you.  I’m hoping the talk of the new vaccine will be of help.  To read about the vaccine go to:  CDC Vaccine Website
Below is a chart which outlines the definitions of the Tiers.  You won’t see on here that the pre-covid testing goes away at Tier 2 but that is the case.  For more information on that click here:  Trans Pacific Pre Travel COVID Testing’s Stops At Tier 2   

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Kauai Looks To Grow Food Supply
“Common Ground Kauai” was formally the Guava Kai Plantation which is located on the North Shore of Kauai, it’s an 83 acre parcel of agricultural land that will be used to incentivize local food entrepreneurs to help Kauai to diversify their food source.  This will be a vertically integrated hub, the Food Innovation Center features farming, along with accelerator, incubator and distribution programs for farmers and food entrepreneurs.
This plan was envisioned back in 2007 when Guava Kai Plantation shut down operations.

Farming is to start this fall and there are 10 participants so far and they include participants that are going to produce organic chicken, canned ahi, coffee, honey and more — all locally made.  An e-commerce site is going to launch soon for distribution.  This is a public and private partnership with funding from the Kauai Government Federal Credit Union, the Ulupono Initiative and funds from the CARES act.

Oahu, Maui and Big Island Real Estate 2019 vs 2020
Previously we had compared 2019 Kauai real estate sales to this year.  Now we have the data for Oahu and the Big Island (Maui is a bit behind on their stats but I’ll be posting when they are available).

The President of the Honolulu Board of Realtors is bullish on their market.  In a statement she said:  “The Oahu real estate market has remained competitive even amid the pandemic as the lack of inventory, paired with low interest rates, continues to drive demand.  While virtual home tours, scheduled showings and enhanced health and safety protocols have allowed us to continue serving buyers and sellers, the stats clearly indicate the ongoing need for more housing inventory.”
Their numbers back this up too.  On Oahu the Median Price of a residential home was $818,500 which is higher than the median price in October 2019 which was $785,000.  October Year to date number of homes sold is 3,080 which is slightly less than the same time in 2019 when it was 3,121.
Condominiums followed the same pattern with a slight decline in the number of sale which was 3,785 compared to 4,546 this same time last year.  However the condo prices rose 1.1% to $432,750 compared to the October 2019 price of $428,000.

On the Big Island of Hawaii year to date sales were 4.16% higher than this same time in 2019.  There were 2,104 sold homes compared to this same time in 2019 where there were 2019 sold homes year to date.  The Median Price rose also to $398,500 from $375,000 a year ago.
Year to date sales of condos were down by 22.52% from the first 10 months of 2019, but the median price for that period rose 7.29% to $390,000, from $363,500 last year.

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