Bank owned homes on Maui - what's for sale in December 2017?

By
Real Estate Agent with Hawai'i Life Real Estate Brokers HRE# 58089 - RS

Bank owned homes on Maui - what's for sale now?

I think we're experiencing another wave of REO listings here on Maui.  In Haiku alone there have been 2 new listings entering the market just this week, priced at $609,900 and $1,200,000.  So I ran a quick search to see how many, and was quite surprised at the distressed housing inventory. 

Here's a brief summary:

  • 36 REO listings in Maui County priced from $78,900 to $1,200,000
  • twice as many as when I last reported in May 2017
  • 17 are Active while 19 are already Pending and priced up to $849,900
  • average Days on Market is 76 days
  • none are CPR properties
  • the lowest price is on Molokai for a small 1 bedroom house on a 6,094 sf lot
  • the highest price is in Haiku for large 6 bedroom home on 1.45 acres
  • search the Maui MLS for bank owned homes here

20 Kahope Place, Haiku Maui HI

20 Kahope Place, Haiku Maui HI - listed for $402,200 by Fine Island Properties LLC

Breakdown by location:

  • Haiku - 6 homes for sale priced from $342,000 to $1,200,000
  • Kahului - 7 homes for salepriced from $477,00 to $667,500
  • Kihei - 6 homes for sale priced from $469,900 to $849,900
  • West Maui - 3 homes for sale priced from $386,900 to $809,000
  • Makawao - 4 homes for sale priced from $461,100 to $713,500
  • Wailuku - 5 homes for sale priced from $264,900 to $774,900
  • Molokai island - 4 homes for sale priced from $78,900 to $202,000
  • Lanai island - 1 home for sale priced at $449,900

 

Thanks for reading my Maui blog...

Buying or selling real estate on Maui?  That's what I do.  Let me help YOU.

Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
127 Hana Hwy. #G, Paia HI 96779
E-mail or call/text: 808 283-0635

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Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Georgie,

I am amazed that there are still bank owned sales in your area.  Thank you for letting us know in detail.  A

Dec 06, 2017 04:12 PM #1
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

I would never imagine bank owned properties in your market either. What a surprise. Hope you help buyers get these off the market quickly. D 

Dec 07, 2017 08:30 AM #2
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Those are some good sales for 2017 and let’s hope the equally interesting ones pop up for 2018!

Dec 07, 2017 11:04 PM #3
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I’ve seen bank owned properties pretty much everywhere on this blog. Nothing really s surprises me too much. Debb Janes EcoBroker and Bernie Stea JD

Dec 07, 2017 11:05 PM #4
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Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Georgie and there are some great deals on your post!

Dec 10, 2017 11:41 AM #5
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Georgie Hunter R(S) 58089

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