Kula Maui HI residential year end market report 2017

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

Kula Maui HI 96790 - Residential market report for year end, December 2017

This market report includes the area of Kula, Ulupalakua and Kanaio in Upcountry Maui

What Kula homes sold in 2017?

  • 79 residential sales in the past 12 months priced from $405,000 to $4,700,000
  • average sale price was $1,013,717 and median sale price was $849,000
  • Days on Market ranged from 28 to 832
  • 2 were bank owned and 2 were short sales
  • 9 were CPR homes or residential condos priced between $585,000 and $1,100,000
  • lot size varied from about 8,000 sf up to 52 acres
  • over half were on 1 acre or less, and only 5 came with 10 acres or more
  • 57 were one house on a lot, while 4 listings had an attached ohana
  • 18 sales were house and cottage, priced between $630,000 and $1,950,000
  • year built ranged from 1928 to 2017
  • 19 sales were all cash for a total of just under $26,000,000
  • lowest price: a leasehold 3BD/2BA home on 1 acre in Hawaiian Homelands
  • median price: 2 acres with a 3BD/2BA home built in 1941 with bi-coastal views
  • highest price: 52 acres with a small cottage, garage, workshop, well and infrastructure
  • the chart below shows monthly sales numbers for 2016 and 2017

What homes are for sale in Kula Maui Hawaii?

  • 33 active listings ranging in price from $625,000 to $4,195,000
  • average asking price is $1,902,753 - median asking price is $1,795,000
  • 18 listings are a single home, 1 comes with attached ohana, 14 are house and cottage
  • DOM ranges from 9 to 834 days
  • land size ranging from 1/4 acre to 24 acres
  • search for Kula homes for sale in the Maui MLS

4074 Lower Kula Road is listed for $1,295,000

4074 Lower Kula Road is listed for $1,295,000 by Kokua Realty LLC

What homes are under contract right now in Kula?

  • 14 listings are showing as pending, priced from $330,000 to $1,315,000
  • size of lots goes from 1/4 acre to 4.4 acres, but most are 1 acre or less
  • average price is $902,500 - median price is $903,500
  • 10 listings are single home, 4 listings are house and cottage
  • 3 homes are leasehold properties in Hawaiian Homelands with buyer restrictions
  • DOM ranges from 15 days to 378 days
  • none are bank owned or short sale, none are CPR listings

With a total of 47 active and pending listings, you can see we'll run out of Kula homes for sale if we don't get some more inventory soon.  Now is a great time to be selling your Kula home... let's talk about getting your home on the market with Hawaii Life.

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

Comments (5)

Gary & Melynda Wolter, Since 2001, 480-269-1164
ProSmart Realty - Mesa, AZ
Reliable, Premier Personal Service since 2001

Great report! We just spent our 7th time on Maui! Have a wonderful 2018!

Dec 30, 2017 04:02 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Gary & Melynda Wolter (CRS) 480-269-1164 Thanks for dropping by - are you missing the islands yet?

Dec 30, 2017 06:06 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Hi there Georgie, as my body fights some nasty virus, I'm thinking time laying in the sun would be a great cure. Ha. Happy Maui Saturday - enjoy the day. D 

Jan 06, 2018 06:30 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Georgie.  Thanks for keeping us informed about the real estate market in Kula Maui.

 

Jan 08, 2018 04:36 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Georgie, thanks for the market update for the Kula Maui area. Those needing more information about the local market should definitely contact you with any of their questions. Hope you'll have a great 2018!

Jan 08, 2018 05:01 PM