Kalaheo Sold Home Prices on Kauai. May 2016

    Aloha Kauai Real Estate Group Ohana, its JP your local Kalaheo resident and Realtor. I did some digging to see how homes are selling in Kalaheo and I put together a little spreadsheet to share with you. Below you will see the homes that sold in the 96741 zip code also known as Kalaheo here on Kauai.

    As a Realtor I feel it is important to know Sales vs. List Price to get an idea of how the market is doing.  When you look at the figure figure below you will see a direct correlation to pricing of homes and their time on market.

    Kalaheo May 2016

    As you can see the higher a home is priced relative to market value the longer it sits on the market.  This seems to be a common issue right now.   There are a lot of overpriced homes on the market, not just in Kalaheo.  Which would explain why a lot of homes are sitting and not getting Sold.  I thought the whole point of putting your home on the market was to get it sold.

    In Kalaheo there are 38 active listings.   If 4-5 homes sell every month and no new homes come on the market, than we have 8-9 months inventory which clearly makes it a buyers market.  Plus looking at the original list vs sale price figures you can see that buyers are getting the homes at value.

    From my point of view, owners and their agents are either overpricing their listings, or they aren’t really motivated to sell.

    If you or anyone you know is looking for a home or wants to sell a home than contact me.

    JP Bolwahnn

    808-482-4605

    jp@kauaireg.com

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    JP Bolwahnn

    JP is a Navy Veteran. In total JP had 13 years in the U.S. Navy, 12 of those as a Navy S.E.A.L. He traveled overseas during peacetime was deployed during wartime. He left the military to pursue other interests in Real Estate, Education, and CrossFit. JP is married to Mary who is born and raised on the south side of Kauai. She found a job in 2015 working with the state and they quickly knew that they would be moving from San Diego to Kauai. “Happy wife, happy life!” He met his beautiful wife at the University of San Diego where they both went to College. Since being on Kauai he can see how living on this island is truly living in paradise. With the beautiful landscape and ocean views, non-stop activities, and the sense of Ohana within the community, he can see what makes Kauai so special. Because of his military background he is no stranger to attention to detail, hard work, determination, and professionalism. Which is exactly what you need with such and important transaction as buying or selling property in Hawaii. He attended the University of San Diego and finished a Bachelors in Business Administration and has a current California Real Estate license (CA BRE #01743713) and current Hawaii Real Estate License (RS-77692). During JP’s free time he enjoys coaching at local CrossFit Gyms, at Swim Kauai Aquatics as their strength and conditioning coach, coaching athletes in Olympic Weightlifting. He also enjoys surfing, and golfing at the the amazing courses Kauai has to offer. JP has been featured on ESPN “From War Zone to End Zone” and also in the Jim Rome show, San Diego Union Tribune, and LA Times. Look him up! You will quickly get an idea of JP’s work ethic and his ability to set goals and pursue them. He's got an infectious laugh and spirit that makes everyone around him want to do better and be better. JP Bolwahnn 808-482-4605 jp@kauaireg.com
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