Steven Nickens Maui Real Estate Blog: KAUAI HOLIDAY

Thursday, August 30, 2007

KAUAI HOLIDAY

Holiday in Kauai

Okay everyone needs a holiday right, I sure do. So Kauai is always a great place to visit. We had a chance to stay in this beautiful plantation cottage in Hanalei Kauai. located across from Ainni beach in a surreal setting. Don’t get me wrong Maui is a special place. A visit to Hanalei kind of reminds me of Tahiti which my son Micah just came back from after a two weeks visit. So I am going to chill out, surf, walk some beaches and pick some shells and enjoy a few beautiful sunsets. If you are looking for a beautiful get away we have a gorgeous condo for sale in Waipoli in Kapa. This brand new unit offers oceanfront living with all the comforts of quality oceanfront condo. Well for now Aloha from the Coconut cottage in Kauai. Check out our new Kihei condo page.Kihei Maui Condos For Sale

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Maui Market

RELATED NEWS FROM THE WEB

The median price of existing single-family homes sold on Maui continued to hover around $650,000 in May, after spending most of last year in the $700,000s.
The May median was $650,150, compared with $729,000 in the same month last year, according to the latest statistics from the Realtors Association of Maui.
Sales were higher in May at 96 compared with 87 a year earlier.
The association reported that condominiums in May sold for a median $531,325, down from $600,000 a year earlier. There were 109 condo sales, down from 137 in the same comparable period.
Terry Tolman, the association's chief executive, said the market is a healthy one providing opportunities for both buyers and sellers.
"Expanded inventory and continued low interest rates provide plenty of options for buyers," he said. "Realistic sellers can beat competing properties with better property condition, careful pricing, good marketing and flexible terms. Unrealistic sellers will be left on the bench."
Because Maui's housing market is a small one with relatively few sales, a few high or low sales can have a greater effect on statistics without necessarily indicating a big market swing one way or another.
The Realtors Association of Maui last month also reclassified two large projects in Wailea as condos after previously counting them as single-family homes.
Tolman said the change was made to better categorize new hybrid types of residential projects that have elements of single-family and condo living. As a rule, homes with shared land ownership will be classified by the association as condos when they are on property zoned for resort or apartment use. Such condo property regime projects on land zoned for residential, rural or agriculture use will be included in the single-family home count.
Reach Andrew Gomes at agomes@honoluluadvertiser.com.
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Steven Nickens Maui Real Estate Blog

Thursday, August 30, 2007

KAUAI HOLIDAY

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