Maui Hawaii - residential oceanfront market update April 2017

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

Maui residential oceanfront market report

What's been selling and what's for sale on the island of Maui, in the residential oceanfront department?  In this report I'm only focusing on the island of Maui, and will not bring in sales or listings from Lanai or Molokai.

Sold in the past 12 months:

  • 26 closed sales across the island: Kihei/Wailea - 9; West Maui - 6; Paia/Spreckelsville - 5; Hana - 4; Haiku - 1; Maalaea - 1
  • Prices ranged from $1,2000,000 in Hana to $18,000,000 in Spreckelsville
  • Median sale price was $4,059,000 - average sale price was $6,681,919
  • Land size varied from about 7,600 sf in Paia to 6.5 acres in Kapalua
  • Living space varied from 875 sf in Lahaina to 7,384 sf in Kuau, Paia
  • 13 were a single home; 11 were house and detached cottage; 2 had attached ohana
  • Days on market was between 18 - 403, with average and median around 202 days
  • 2 were residential condo or CPR properties - 1 in Hana, 1 in Wailea
  • None were short sales or bank owned
  • 18 of the sales were cash, for a total spent of $140,267,900

 63 Loio Pl, Paia Maui sold for $4M

63 Loio Pl, Paia Maui sold for $4M

What's pending right now:

  • 7 listings are under contract: Kihei - 3; Paia/Spreckelsville - 3; Hana - 1
  • Prices range from $2,995,000 in Hana to $22,800,000 in Kihei
  • Land size is between .37 acres in Kihei to 2.28 acres in Hana
  • Living space is between 1,568 sf in Kuau and 8,628 sf in Kihei
  • 4 are a single home; 3 are house and detached cottage
  • DOM varies from 44 to 497 days
  • None are CPR, bank owned, or short sales

3190 S. Kihei Rd when it was under construction

3190 S. Kihei Rd when it was under construction - now pending

What's for sale right now:

  • 41 active listings priced from $710,000 in Wailuku to $28,000,000 in Kihei
  • West Maui - 11; Kihei/Wailea - 10; Haiku - 7; Paia/Spreckelsville - 6; Maalaea - 4; Wailuku - 1; Hana - 1; Kahakuloa - 1
  • Land size is between .13 acres in Wailuku to 35.3 acres in Kahakuloa
  • Living space is between 524 sf in Maalaea and 13,422 on Keawakapu Beach in Kihei4 are a single home; 3 are house and detached cottage
  • 26 are a single home; 11 are house and detached cottage; 4 come with attached ohana
  • DOM is between 5 (Hana) and 884 (Paia)
  • None are short sales or REO
  • 3 Wailea properties are CPR homes with deeded land

 The view at 528 Ho'olawa Rd, Haiku Maui

The view at 528 Ho'olawa Rd, Haiku Maui - currently the lowest priced oceanfront home in Haiku

Search Maui oceanfront listings for sale

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

Save

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Hawaii Maui County
Groups:
Vacation and Second homes
Luxury • Waterfront • Estates
Market Reports
Million Dollar Homes
THE LANGUAGE OF LUXURY
Tags:
market update
residential
sold
oceanfront
report
maui
pending
april
active listings
hawaii
west maui
paia
hana
kihei and wailea
search maui oceanfront homes and land for sale
past year

Spam prevention
Show All Comments
Rainmaker
3,204,954
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Georgie, loved a couple of the pictures ,my guess is they were views from the $18m property:)Endre

Apr 27, 2017 11:19 PM #1
Rainmaker
1,485,362
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Endre Barath, Jr. The construction pic is the $22.8M beachfront house, under contract.  The botton one is only asking $1.2M and that one is my listing... I'll add the link to it.

Apr 28, 2017 02:08 PM #2
Rainmaker
1,485,362
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Site down... will have to get back to that later.  MLS#372212

Apr 28, 2017 02:15 PM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,485,362

Georgie Hunter R(S) 58089

Maui Real Estate sales and lifestyle info
How can I help you?
*
*
*
*
Spam prevention