Kula Maui HI 96790 - residential sales 2016 year end update

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

Kula Maui HI 96790 - residential sales 2016 year end update  

Wrapping it up for 2016, here's a quick look at the residential sales in Kula Maui last year, based on our MLS stats. What sold in 2016?  Plenty of Kula homes - homes with cottages, homes with acreage, beautiful estates and simple old fixer-uppers too. 

In a nutshell, the simple take away... nunber of sales are down, but pricing is pretty stable for Kula homes compared to 2015.

Total sales:

  • 64 closings priced from $340,000 to $6,550,000
  • Average sale price was $1,133,309 and median sale price was $848,750
  • Days on Market (DOM) ranged from 23 to 607
  • Total dollar volume was $72,531,804
  • 14 properties came with house and detached cottage
  • 7 were CPR, residential condo homes with deeded land
  • 2 were bank owned, and none were short sale

The view from 109 Waimele Pl, Kula Maui

The view from 109 Waimele Pl, Kula Maui - SOLD for $829,900

Land size:

  • 17 homes were on less than .5 acre, 22 were on .5 - 1 acre
  • 10 properties had land between 2 -3 acres
  • 10 properties came with 3 -10 acres
  • 5 properties were on lots of 18-25 acres

Highs and lows:

  • 3 listings closed under $500,000
  • $340,000 was paid for a small home built in 1953, on a .25 acre lot
  • $356,000 was paid for a leasehold home on about an acre, in Hawaiian Homelands
  • $435,000 was paid for a small 2Bd/1Ba remodeled CPR home on a small lot
  • 2 listings sold for over $5M, each with 19 or 23 acres of land, and a main house with over 6,000 sf of living space.  One also had a detached cottage with 2,700 sf.
  • Search the Maui MLS for Kula homes for sale

Lovely landscaping in Kula Maui HI

Lovely landscaping in Kula Maui HI

Of course you have to keep in mind that there are many factors that contribute to each sale.  Due to the diversity of listings in the Kula area, and the relatively low volume, the stats can be quite different from month to month, and year to year.  That's when you need the advice of a local Realtor to help make sense of it all.  You can find a good Maui Realtor right here... 

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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Show All Comments
Rainmaker
1,202,750
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Aloha Georgie Hunter R(S) 58089 - Kula Maui HI is in a temperate climatic zone that is a wonderful place to set up residence. Buyers will be well served with your knowledge and experience in the area. 

Jan 27, 2017 06:16 PM #1
Rainmaker
149,570
Eva B. Liland with Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service

I am interested how you got those stats? Did you do it manually or is there a software for it Georgie Hunter?

Jan 27, 2017 06:40 PM #2
Rainmaker
489,082
Alexander- Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Hi Georgie, sounds like Kula Maui did reasonably well.  Your stats and photos tell a great story.  Best of success in this area in 2017!  John and Kat

Jan 27, 2017 07:51 PM #3
Ambassador
3,081,745
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Boy that is a ton of data from one of my favorite Island, Maui, and agent, Georgie Hunter R(S) 58089 

Jan 27, 2017 08:12 PM #4
Rainmaker
1,387,593
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Georgie, you gotta love the fact that all the short sales seem to be going away. They made my job so much harder!

Jan 28, 2017 09:30 AM #5
Rainmaker
925,749
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

What a great photo...oh, to be in Hawaii right now.  I can almost smell it.  Thanks for the market update, too!

Jan 28, 2017 11:57 AM #6
Ambassador
1,485,851
Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to share this information.  This is exactly what buyers and sellers need to make informed market decisions!

Jan 28, 2017 01:01 PM #7
Rainmaker
1,315,908
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Hello Georgina, it sounds like your Kula Maui, HI real estate market was fairly active in 2016...congrats to all those lucky buyers in paradise!

Jan 28, 2017 03:42 PM #8
Rainmaker
4,066,666
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Georgie, great market update for Kula, and hope your year is starting off great!

Jan 29, 2017 11:55 AM #9
Rainmaker
1,477,334
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Eva B. Liland with Century 21 Doug Anderson  These stats are from our MLS provider, Paragon.  I just have to bring up all the sales during the year 2016 in that area.  Since we have generally small sales numbers it's easy enough to do, otherwise I would break it down into smaller areas.

Jan 29, 2017 04:12 PM #10
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Rainmaker
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Georgie Hunter R(S) 58089

Maui Real Estate sales and lifestyle info
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