Kauai Real Estate, Island Air Shuts Down, Kuhio Shores Unit 403 Sold

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

Kauai Real Estate

<img src=”image.gif” alt="kuhioshoresrealestate“/>

SOLD before hitting the market! This 1 bedroom 1 bath top floor unit in Kuhio Shores has views that go on forever. Sold Price: $625,000 (FS) Lynda Gill CRS, RS 808-346-0056

Brydeswood Ranch was recently sold for $8.1 million and the new owner has no plans to develop the 272 acres of land which is located in the hills across from the Kauai Coffee Company on the south shore. There is only one home on the property and it was built in 1860 and used to belong to Walter McBryde. The property was subdivided into enough lots to accommodate 84 home sites but the current owner is in the process of dissolving the subdivision back to it’s original 2 lots. I’m happy to see such a large amount of land stay open, click here for more information; Brydeswood Ranch Sale Information
For up to date information on everything that has come on the market, sold and went into escrow for all of last week click on this link: Kauai Real Estate Update November 6 to 12, 2017

Poipu Beach Real Estate News  Sold before going to the market! I was working with some buyers that were very specific about the location of the unit that they wanted to purchase at the Kuhio Shores. My coconut tree shaking paid off and I found a Seller that wanted to sell to my Buyers that wanted to buy! All parties are happy with the deal and with views like this unit has it’s easy to see why. Days on Market- Zero! List and Sold Price on this one bedroom one bath: $625,000 (FS). For all the information on all things fee simple in the Poipu Beach real estate market click here; Poipu Beach Current Market Analysis

<img src=”image.gif” alt="kiahunaplantationrealestate“/>

I Just Listed Kiahuna Plantation #175 for $385,000 (LH). Click on this photo to take a fabulous video tour. Lynda Gill CRS, RS 808-346-0056

Kiahuna Plantation Real Estate  I just listed unit #175 which is an updated super gorgeous ground floor unit in building #27 at the Kiahuna Plantation. The ocean is just steps away from this ground floor 1 bedroom 1 bath, this unit has direct rentals that will pass along with the sale, contact me for more details. For a complete market analysis on the Kiahuna Plantation click here; Kiahuna Plantation Current Market Analysis

Island Air Is No More

In a surprise move Island Air shut it’s operation down last week leaving a whole lot of people wondering what they are going to do with their tickets. After exhausting all their options to stay in business they gave the public 1 day notice that they were shutting down operations.  They employed 400 people that were out of a job overnight.

And if you have a ticket to fly on Island Air? Island Air stated that those people should contact their credit card company and/or travel agent to inquire about their refund policies. If you paid by check or cash then you need to file a claim with the bankruptcy court.

Oahu-Maui-Big Island Real Estate Update

Last week I blogged about the Kauai Real Estate Market and this week I have an update on Oahu, Maui and the Big Island.

On Oahu In October 2017, the number of single-family houses sold increased by 6.0% compared to October 2016. The median price for single-family houses was $752,000, a 1.3 percent increase from the same period last year. The number of condominiums sold increased by 14.3% in October over the previous year, while the median price for condominiums increased by just 0.4% to $397,500. According to the Days on Market indicator, single-family houses sold at a slightly faster pace closing at an average of 15 days, four days less than in 2016. Sales of condos closed at about the same rate from October 2017, closing at an average of 21 days on the market, compared to 20 days in October 2016.

Condos on Maui gained the most in sales and prices last month, with the median price rising 12.9% in October to $519,500, from $460,000 in October 2016. That was based on sales of 134 condo units in October, which was 38.1% more than the 97 units sold in the same month a year ago.
Single-family home sales increased by 35.4% in October to 111 homes sold, from 82 homes sold during the same month last year. The median price of a single-family home in October was $667,350, which was 5.5% more than $632,500 in October 2016.

There were 228 single-family homes sold on the Big Island last month, an increase of 40.7% from 162 homes sold in October 2016. The median price of those homes sold was $385,000, an increase of 1.3% from $380,000 in October of last year.
The median price of a condo dropped 26.6% to $265,100 in October, from $361,250 in October 2016. The number of condos sold on the Big Island in October rose 25.8% to 73 units sold, from 58 units sold during the same month a year ago.

Comments are closed.

Site by Thinkingman.com
News Feed Comment Feed Log in