Princeville, HI Condo Market Report thru 2016. Here's a look at Princeville condo sales in 2016.
The year showed that the number of sales decreased for Princeville condos with 87 sales in 2016 versus 92 in 2015. The peak year for the number of sales of Princeville condos was 2015 when there were 225 sales.
The median sales price was $604,000 in 2016 for Princeville condos. That was a increase of nearly 8% over 2015. But it is still well-below the peak of 2008.
The least expensive condo sold in Princeville in 2016 was Hale Honu 1B. That 3 bedroom/1,5 bath condo sold for $260,000. The Seller paid $60,000 in 1984.
The most expensive Princeville condo that sold was Ka'iulani of Princeville #16. It sold for $1,975,000 in August. Even though it was the most expensive Princeville condo that sold in 2016, the Seller still took a loss when selling it . The Seller paid $2,127,240 in April 2008.
There were 13 Princeville condos that sold for over $1 million. Eight (8) of those were sold at Ka'iulani of Princeville.
Please contact me if you want more specific information on the Princeville market - or the island of Kauai.
Carol L Skon, Realtor Broker, GRI, e-Pro
Green Realty Group Kauai, Hawaii
Main office: 1888 Kalakaua Avenue Suite C312, Honolulu, HI 96815