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May Newsletter |
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Plumeria flowers are often associated with Hawaii because of the traditional leis and beautiful flower decorations. The colors vary from white to yellow and pink (as shown above). They typically bloom in the summer months and make wonderful, fragrant leis for May Day celebrations around the state. Plumerias grow well in drier climates like the southshore and westside of Kauai. . . . . In this month's newsletter, you will find April 2022 Kauai real estate stats, current local and state news, curated interest articles, and more - prepared especially for you! |
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Current Kauai Real Estate News |
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Compass Kilauea Office Now Open |
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On Friday, May 13th, Compass held a private blessing for our newest Hawaii location on Kauai. Located on the North Shore in historic Kīlauea Town, ʻĀhuimanu is a social center not just to shop, eat and grab groceries, it’s a place where friends and families gather, and is now home to our incredible Compass Kauai Ohana. If you're on Kauai, stop by and say hello! |
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April 2022 Real Estate Market Report |
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Home prices on Kauai continued to climb in April to a median price of $1.2M, according to April's real estate statistics. Even with rising interest rates we are still experiencing low inventory and high buyer demand. Read the market report for April and Year to Date statistics with YOY comparisons. |
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Heather's Sales Activity |
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Pili Mai 1L Just Sold Represented buyers on the purchase of this upstairs 3 bdrm/3ba Pili Mai condo in Poipu. List Price: $1,495,000 Sold Price: $1,470,000 |
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3657 Kaweonui Road Just Sold Represented the seller on this beautiful oceanview lot in Princeville. Multiple offers. Sold for $120,000 over asking. List Price: 1,150,000 Sold Price: $1,270,000 |
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Nihilani 4B Just Sold Sold for $132,755 over asking! I sold this 3bdrm/2.5ba Nihilani townhome in Princeville for my Seller clients. They received 9 offers. List Price: $975,000 Sales Price: $1,107,755 |
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4224B Kanikele St Just Listed - In Escrow This is a cute new 3bdrm/2ba located home in Kilauea Town on the northshore of Kauai. Charming, Private, Quiet & Close to Shops. Least expensive home on the northshore. Multiple offers. |
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Nihilani 32B Just Listed Highly upgraded furnished 2bdrm/ba single story, first floor townhome with large lanai and tropical garden views. List price: $1,050,000 |
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Curated Local News & Events |
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Lihue airport The state received $3.9M towards the relocation of the Lihue airport runway. The work will begin in May 2023. Read more details in the article below. |
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TV Producer Sells Kilauea Ranch John Wells executive producer for the TV show ER sold his Kilauea property for $22.5 this month. Our brokerage represented the buyer on this transaction. |
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Beach House Restaurant Expansion One of the best oceanfront sunset cocktail locations on Kauai in Poipu is seeking County approval to continue their outdoor dining venue. Read on for the community's position on this proposal and what the Planning Commission ultimately decided. |
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KIUC Lowest Energy Increase in the State Because of Kauai's power generation mix our electric bills only went up 5% between March 2021 and March 2022, during which time oil prices increased by 75%. Read on to find out what Kauai is doing to keep our energy prices lower than the other counties around the state. |
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Hawaii News |
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Hawaiian Airlines to Offer Wi-Fi on Transpacific Flights In partnership with Elon Musk's SpaceX's Starlink, Hawaiian Airlines will be the first major carrier to offer this product aboard its aircraft. Read the article to find out what Starlink is exactly and when the airline will start offering this service. |
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Real Estate Transactions Now Require a Sea Level Rise Disclosure As of May 1, sellers in Hawaii must disclose if their property is in the sea level rise area. Check out the article below and the link to the official State of Hawaii Sea Level Rise Viewer (PacIOOS) to see if your property is in this area. |
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Contact me for a complimentary market analysis on what your property is worth or if you would like assistance finding your Kauai dream home. |
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