If you're asking about land specifically in Hanalei town, there has been one sale in the last 6 months. The property was approx. 3976SF in the Hanalei Palms subdivision. It sold for $855,00 after being on the market 311 days (asking price was $995,000)
Then, there's the Hanalei zone (Kauai is divided into 5 zones) which includes Kilauea, Princeville, Hanalei, Haena, etc. When you look at that (for the last 3 months) you'll find 2.24 acres of vacant land that sold for $600,000 (asking price was $688K, days on market=610) in the Kilauea Farms subdivision and 17,451 SF oceanfront lot in Haena that sold for $1,850,000 (asking price was $2,190,000 days on market =103). So you can see, there's quite a difference depending on which area you're interested in.
As of today, there are approx. 125 land listings on market on the north shore (between Kilauea & Haena) with asking prices going from $300,000 (6964 SF) to $15,000,000 (116 acres which has been on the market for 1015 days). About 6 land listings are on the market in Hanalei town.
With regard to single family (fee simple) homes, there are 11 homes on the market in Hanalei, priced from $1,000,000 to $3,950,000. In the last 3 months, 2 homes sold in Hanalei town. One sold for $2,600,000 (asking price was $2,695,000 days on market = 290) and had approx.2852 SF of living space. The other home sold for $1,738,000 (asking price was $1,779,000 days on market = 361) and had approx.2872 SF of living space.
If you'd like a complete list of what is currently on the market in Hanalei or along the north shore, I'd be happy to send you that information.
Debra A. Jason, RA, ABR
Vision Realty All Islands Kauai