Condos

Poipu Beach Oceanfront Condo Sells Off-Market for $1.255M | Why Some Listings Sit While Others Sell 

 A Poipu Beach oceanfront vacation rental condominium just sold for $1.255 million—and it never even hit the market.

Meanwhile, other condos in the same area and price point are sitting unsold, leaving some sellers asking: “Is something wrong with my property, my price, or my agent?”

The answer isn’t always that simple.

The Traditional Rule of Thumb

In real estate, the “30-60-90” guideline often applies:

  • If a property doesn’t sell within 30 days, it could be priced too high.
  • If it still doesn’t move after 60–90 days, another price drop may be in order.
  • Eventually, buyers may start to assume that something must be wrong with the property.

That can be true in many markets—but in a second-home market like Poipu, the dynamics are different.

Why Some Properties Sell (and Others Don’t)

Here’s the twist: buyers don’t always purchase the “best” option on paper.

In the case of my clients, they toured several perfectly nice condos. But at the end of the day, they only wanted a unit in one specific complex. Looking at alternatives only reinforced that preference. So when I found them an off-market condo in that community, they jumped at the chance.

That’s why some listings sit, even when they’re priced fairly and marketed well—sometimes it comes down to buyer psychology and loyalty to a specific location or complex.

The Takeaway for Sellers

Imagine if you own a condo that buyers love, but they walk away because they’re holding out for something else—maybe even something that isn’t listed! Frustrating, right?

The good news is: there are steps sellers can take to improve their odds in these situations. I’ll be sharing those in my next post.

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Aloha

Lynda Gill RS Lic. 63088

Hawai’i Life Real Estate Brokers 808.346.0056

LyndaGill@HawaiiLife.com

About the Author

Lynda Gill

Lynda Gill is a Realtor Salesperson with Hawai'i Life. I have over 21 years of experience as a top-producing real estate agent on Kauai, where I’ve lived since 2004. I specialize in residential, relocation, and resort property sales in Poipu Beach, Lawai, Omao and Kalaheo, on the island’s South Side. Over the course of my career, I’m proud to have earned accolades and designations, including being recognized as a top performer by Hawaii Business Magazine. But what really drives me is helping my clients with one of the most significant events in their lives. There is nothing quite as satisfying as helping clients achieve their financial goals or seeing their eyes light up when the right property comes along. You can email me at lyndagill@hawaiilife.com or via phone at (808) 346-0056.

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