Residential Market Snapshot

Kauai had a lift in inventory and sales in the first quarter while median sold price is down year over year.

The luxury market saw a 41.7% rise in median sold price over last year. Similar to the broader residential market, luxury sellers are holding onto properties and shooting for the top with pricing. This has led to a lift in inventory and months of inventory over last year. Looking forward, luxury sellers are anticipating a busy high season around Q1 and beyond. 

3500 Anini Road is a contemporary, beachfront estate on Kaua’i’s serene North Shore consisting of two licensed vacation rental homes on over 1-acre of land. The 4-bedroom, 3.5-bath main residence and 1-bedroom, 1-bath guest house were completely refurbished. Walls of glass frame the crystal blue waves, creating a constant connection to the majestic ocean.

This newly constructed, turn-key, contemporary home offers the perfect blend of comfort, style and functionality. Situated on an extra large lot within the Princeville community and bordering upon the Makai Woods Golf Course, this single-level 3-bedroom, 2.5-bath residence has an open concept floor plan, which feels very spacious.

The $3M+ real estate market saw a massive jump in sales year over year for Q1 2024. Sales increased 850% from this time last year, indicating a strong start to the year in this market. The median sold price was also up from $3,563,000 in Q1 2023 to $5,000,000 in Q1 2024, an increase of 40.3%. Consistent with the overall residential market, homes are selling close to asking price.