Hawaii

2020 Mid-Summer Puamana Activity | Selection Wide, Inventory High

As part of my commitment to keeping the community informed about West Maui’s dynamic, micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of Puamana, Lahaina’s gold coast oceanfront gated community.

The Famed Puamana Pool – West Maui’s 8th Wonder of the World

What You’ll Find  

  • Actual Sales Prices: learn exactly how much specific properties sold for
  • Sales Volume: see the strength of the market in terms of how many properties sold
  • Days on Market: understand how long it takes the average property to sell
  • List Price vs. Sold Price: see how the final sales price compares to the listing price
  • Price Per Square Foot: which is critical in calculating real estate values
  • Asset % Growth: what is the year over year appreciation of my property
  • Current Inventory: what is actively for sale and currently under contract

Before we dig into the numbers, make sure you subscribe to my newsletter if you want to be notified of future market reports as they come available.

Puamana 2019/2020 | Market Headlines

  • 6 Puamana sales so far in 2020
  • Avg Sales Price = $1.44M
  • 1 Bedroom Non-Oceanfront unit avg sales price = $825/K
  • Despite the unprecedented times and effects of the pandemic, 2020 sales prices are up significantly from 2019.
  • 14 active listings and one is under contract. Selection is wide and inventory is high!

 

Historical Sales Analysis

2020 sales prices are up from 2019. 

Puamana Historical Sales Detail

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2020 $1,472,500 1,445,917 98% 50% $1,187 109 6 20%
2019 $1,007,600 $962,600 96% -41% $1,095 201 5 86%
2018 $1,678,125 $1,626,667 97% 55% $1,201 108 12 18%
2017 $1,093,364 $1,052,545 96% 19% $862 134 11 -19%
2016 $911,463 $881,650 97% -22% $1,009 102 8 -37%
2015 $1,230,864 $1,125,400 91% 20% $914 164 11 -29%

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2020 $830,000  $825,000 99% -0.7% $1,157 40 2 -33%
2019 $856,000 $831,000 97% -12.6% $1,214 279 3 -50%
2018 $981,125 $951,250 97% 5.7% $1,088 102 4 300%
2017 $825,000 $900,000 109% 19.8% $1,402 338 1 -75%
2016 $772,375 $751,250 97% 21.7% $1,049 92 4 0%
2015 $611,875 $617,500 101% -51.0% $703 97 4 100%

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2019 $1,415,000 $1,362,750 96% 17.5% $1,180 121 2 0%
2019 $1,235,000 $1,160,000 94% -0.4% $916 85 2 0%
2018 $1,240,000 $1,165,000 94% 22.6% $1,007 174 2 -71%
2017 $1,021,714 $950,429 93% -6.1% $825 126 7 75%
2016 $1,050,550 $1,012,050 96% 32.8% $1,049 112 4 100%
2015 $814,000 $762,000 94% 21.0% $455 362 2 -71%

 

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2019 $2,172,500 $2,150,000 99% 2% $1,226 167 2 -66%
2019
2018 $2,163,167 $2,105,000 97% 57% $1,384 85 6 100%
2017 $1,350,000 $1,341,667 99% -21% $950 85 3 -40%
2016
2015 $1,892,800 $1,705,000 90% -32% $1,178 139 5 67%

Want to Know More?

If you are in the market for buying or selling Puamana real estate or have any questions about the area or the market in general, please feel free to contact me. I welcome the opportunity to give you information on my previous sales performance and marketing strategies. Or if you’re curious about what your property is worth in today’s market, it would be my pleasure to provide you with property information and a value assessment free of any sales pitch.

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