Past records for home sales prices in Poipu are being shattered this year as the luxury home market continues to pick up steam.
Coldwell Banker Makai Properties recently closed record high sales in Poipu of luxury homes in the Kukui’ula community at $7.2 million and an oceanfront home next to the Marriott’s Waiohai Beach Club at $6.95 million, respectively.
Other luxury homes which have been placed under contract recently include a one bedroom Club Bungalow as well as an additional custom built luxury residence in the Mauka Collection with buyers represented by Coldwell Banker Makai Properties.
There have been 18 sales of homes over $1 million on the south shore of Kauai since January, which is 50% increase over the same time period last year.
This follows the island-wide trend of a 23% increase in the sales volume (the total of all closed home sales prices added together) over that of 2013 to $194,246,765 as of the end of June.