Pukalani Maui Hawaii Listings- Pukalani Market Report

By
Real Estate Agent with Wailea Realty R(S)54097

Pukalani Maui Hawaii New Listings in Pukalani Maui

 homes in pukalani maui

I was on real estate caravan looking at properties today in Pukalani Maui.  I really like this home listed for sale at 295 Liliuokalani St in Pukalani. Three bedroom home with 1,968 sq. ft. in impeccable condition.

 homes in pukalani maui

Single level home in perfect condition, ready to move into. I really liked their use of hardwood floors through out the home, very clean look and the house was staged beautifully.

home sin pukalani maui

The kitchen was very clean, with granite counter tops. This Pukalani home also has air-conditioning and photo voltaic system, very appealing.

homes in maui

the master suite was very clean, with a nice walk in closet. So if you're looking for a home to buy in Pukalani Maui, this might be your next home.  Priced at $685,000, home is in perfect condition. Mls #374992 you can view all homes for sale in Pukalani Maui.

Below I attached a Market Report for Pukalani Home Sales in Upcountry Maui.

Steve Nickens

Pukalani Market Report

Published: July 2017*

Property Types: All Residential Properties - All Properties - All Properties - All Properties


Price Range: $400,000 - $4,499,999 SQFT Range: 500 - No Limit


Bedrooms: 2 - No Limit Bathrooms: 1 - 7


Year Built: 0 - No Limit


June 2017 is a Neutral market! The number of for sale listings was up 25% from one year earlier and up 42.9% from the previous month. The number of sold listings increased 200% year over year and increased 200% month over month. The number of under contract listings is 3 and down 40% compared to the previous year. The Months of Inventory based on Closed Sales is 3.3, down 58.7% from the previous year.

The Average Sold Price per Square Footage was down 19.1% compared to the previous month and up 77.4% compared to last year. The Median Sold Price increased by 1.4% from last month. The Average Sold Price also decreased by 1% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a neutral trend, a decrease of 64.5% compared to the previous year. The ratio of Sold Price vs. Original List Price is 100%, an increase of 11.1% compared to the previous year.

It is a Neutral Market

Property Sales (Sold)

June property sales were 3, up 200% from 1 in June of 2016 and 200% higher than the 1 sales last month.

Current Inventory (For Sale)

Versus last year, the total number of properties available this month is higher by 2 units of 25%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory is up 42.9% compared to the previous month.

Property Under Contract (Pended)

The total number of homes pended in month was 3. This month's pended property sales were 40% lower than at this time last year.

All reports are published July 2017, based on data available at the end of June 2017, except for the today stats. All reports presented are based on data supplied by the HiCentral, RAMaui, and Hawaii Information Services MLS. Neither the Association nor its MLSs guarantee or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS's may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.


Steve Nickens


The Average Sold Price per Square Footage is Neutral*

The Average Sold Price per Square Footage is a great indicator for the direction of property values. Since Median Sold Price and Average Sold Price can be impacted by the 'mix' of high or low end properties in the market, the Average Sold Price per Square Footage is a more normalized indicator on the direction of property values. The June 2017 Average Sold Price per Square Footage of $415 was down 19.1% from $513 last month and up 77.4% from $234 in June of last year.

* Based on 6 month trend – Appreciating/Depreciating/Neutral


The Days on Market Shows Neutral Trend*

The average Days on Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM trends to indicate a move towards more of a Buyer’s market, a downward trend indicates a move towards more of a Seller’s market. The DOM for June 2017 was 27.

The Sold/Original List Price Ratio is Rising**

The Sold Price vs. Original List Price reveals the average amount that sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. This month Sold Price vs. Original List Price of 100% is the same as last month and up from 11.1% % in June of last year.

* Based on 6 month trend – Upward/Downward/Neutral
** Based on 6 month trend – Rising/Falling/Remains Steady


All reports are published July 2017, based on data available at the end of June 2017, except for the today stats. All reports presented are based on data supplied by the HiCentral, RAMaui, and Hawaii Information Services MLS. Neither the Association nor its MLSs guarantee or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS's may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Pukalani


Published: July 2017*
Property Types: All Residential Properties - All Properties - All Properties - All Properties


Price Range: $400,000 - $4,499,999 SQFT Range: 500 - No Limit


Bedrooms: 2 - No Limit Bathrooms: 1 - 7


Year Built: 0 - No Limit


Steve Nickens

 

Published: July 2017*
Property Types: All Residential Properties - All Properties - All Properties - All Properties


Price Range: $400,000 - $4,499,999 SQFT Range: 500 - No Limit


Bedrooms: 2 - No Limit Bathrooms: 1 - 7


Year Built: 0 - No Limit


The Average For Sale Price is Appreciating*

The Average For Sale Price in June was $1,289,000, up 37.7% from $936,000 in June of 2016 and up 5.4% from $1,223,000 last month.

The Average Sold Price is Neutral*
The Average Sold Price in June was $693,000, down 18% from $845,000 in June of 2016 and down 1% from $700,000 last month.

The Median Sold Price is Appreciating*
The Median Sold Price in June was $710,000, down 16% from $845,000 in June of 2016 and up 1.4% from $700,000 last month.

* Based on 6 month trend – Appreciating/Depreciating/Neutral


All reports are published July 2017, based on data available at the end of June 2017, except for the today stats. All reports presented are based on data supplied by the HiCentral, RAMaui, and Hawaii Information Services MLS. Neither the Association nor its MLSs guarantee or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS's may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

Pukalani

It is a Neutral Market*

A comparatively lower Months of Inventory is more beneficial for sellers while a higher months of inventory is better for buyers.

*Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory

Months of Inventory based on Closed Sales

The June 2017 Months of Inventory based on Closed Sales of 3.3 was decreased by 58.7% compared to last year and down 52.9% compared to last month. June 2017 is Neutral market.

Months of Inventory based on Pended Sales

The June 2017 Months of Inventory based on Pended Sales of 3.3 was increased by 106.3% compared to last year and down 52.9% compared to last month. June 2017 is Neutral market.


Steve Nickens

Pukalani


Published: July 2017*
Property Types: All Residential Properties - All Properties - All Properties - All Properties


Price Range: $400,000 - $4,499,999 SQFT Range: 500 - No Limit


Bedrooms: 2 - No Limit Bathrooms: 1 - 7


Year Built: 0 - No Limit


It is a Neutral Market*

Absorption Rate measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed each month.

*Buyer’s market: 16.67% and below Seller’s market: 33.33% and above Neutral market: 16.67% - 33.33%

Absorption Rate based on Closed Sales

The June 2017 Absorption Rate based on Closed Sales of 30 was increased by 140% compared to last year and up 109.9% compared to last month.

Absorption Rate based on Pended Sales

The June 2017 Absorption Rate based on Pended Sales of 30 was decreased by 52% compared to last year and the same compared to last month.

All reports are published July 2017, based on data available at the end of June 2017, except for the today stats. All reports presented are based on data supplied by the HiCentral, RAMaui, and Hawaii Information Services MLS. Neither the Association nor its MLSs guarantee or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS's may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. 

You can search all homes for sale in Upcountry Maui.

 

I work for Elite Pacific Properties, #1 in luxury home sales in Hawaii. I have been selling real estate on Maui for 23 years, so if you are buying or selling real estate on Maui give me a call. Learn more about working with Elite and Steven.

 maui realtor

Steven Nickens RS-54097 GRI ABR'

Elite Pacific Properties

Cell: 808-280-2208

Email: nickens@maui.net

 

Posted by

 Wailea Realty

Steven C. Nickens RS-54097  GRI ABR

Wailea Realty-Windermere

3750 Wailea Alanui, Suite B-16

Wailea, Maui, Hi 96753

Offices in Wailea and Kihei

www.nickensmaui.com

Cell: 808-280-2208

Email:nickensmaui@gmail.com

25 Years Selling Maui Real Estate

Comments (3)

ActiveRain City and State Listing Group
Christiansted, VI

You might consider also sending your listings and market reports to this ActiveRain Group:

City and State: Listings and Market Reports

 

There are currently 747 members and almost 50,000 posts. Be sure to read the guidelines as they are enforced to protect the integrity of the group. Good luck.

Jul 20, 2017 07:20 PM
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Steven Nickens You are right in your opinion; that home certainly was inviting and I felt the warth of the wood floors really were rich.

Jul 21, 2017 04:24 AM
Steven Nickens
Wailea Realty - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Aloha Sandy and Norm, thanks for stopping by.  Pukalani home is really a lovely home.

Jul 21, 2017 10:46 AM