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May 2017 West Maui Real Estate Report – As Told In Headlines

I am pleased to present this May 2017 West Maui Sales report in its original raw format, free of any scripted beginning, middle, or end. And free of any storyline, plot, or main central character. Because honestly, let’s face it… well-versed words, paragraphs, and statistics just do not go together.

Hence, the reason why baseball cards, product ingredient labels, and other summarizing quick-reference cheat sheets were invented. So for those that subscribe to this same mantra and prefer it delivered straightforward in a glance and easy to come back to… here you go.

By the Numbers

62 total transactions/ May Up 8% Over Same Time Last Year

12 residential home sales / Launiupoko Dominates Residential Sales OR another could be Kapalua Shut Out in May: One Sale in 2017

4 land sales  /  Large Estate Coffee Farm LOTS Selling Very Well

Highest condo sale $3.35M  /  Oceanfront Kaanapali Alii Dwarfs the Condo Competition

Lowest condo sale $225K  /  Maui Lani Terraces: First Time Home Buyer Affordable

Most units in a condo building sold 4  /  Vacation Rental Gem Honua Kai, Keeps A Rollin

2017 vs 2016 total sales units =  -16%   /  Sales Volume Down Prices Remain Strong

2016 vs 2015 total sales units = +17%  / For Reference About the Statement Above

 

Pricing / That Studio Condo is How Much?

May 2017 Residential $
Under $1M avg $656,250
Over $1M avg $2,221,844
Low $425,000
High $4,465,000
Area Avg Sales  Price
Kaanapali $1,200,000.00
Lahaina $633,333.33
Launiupoko $2,633,950.00
Kahana $725,000.00
Napili $1,655,000

 

May 2017 Land $
Under $1M avg $751,500
Over $1M avg $1,750,000
Low $349,000
High $1,750,000
Area Avg Sales Price
Kaanapali $952,750.00
Lahaina $349,000.00
Launiupoko $1,750,000.00

 

May 2017 Condo $
Under $1M avg $513,951
Over $1M avg $2,107,188
Low $255,000
High $3,350,000
Area Avg Sales Price
Kaanapali $1,257,056.25
Kapalua $902,499.50
Lahaina $430,250.00
Napili/Kahana/Honokowai $551,387.45

Next month: …with a hint of sensationalism and delivered 10 days earlier 🙂 Aloha!

Wanna Know More?

For resourceful, one of a kind statistics, information, and updates relevant to the West Maui real estate market, visit Jeff.HawaiiLife.com – representing the areas of Lahaina, Kaanapali, and Kapalua.

If you are in the market for buying or selling West Maui real estate, or have any questions about the area, island life, or real estate 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 pitches.

About the Author

Jeff Onderko R(B)

Jeff Onderko R(B) is a Realtor-Broker, 2017-19 Christie's International Luxury Real Estate Specialist with Hawai'i Life. West Maui Real Estate Broker, and ultra enthusiastic advocate of Maui's Lahaina, Kaanapali and Kapalua areas. I truly believe it's an honor & privilege to call Hawaii home. For 17 years now, West Maui is where I live, work and play. My team and I specialize in resort market home and condominium sales striving to deliver the highest level of professional service possible. With $50M+ sold, a panache for extensive statistical research and 100+ published real estate articles since 2015. I'm relevant, information driven and responsive. I bring a passionate energy, an entrepreneurial understanding and a client-first approach to my real estate business. Prior to becoming a Realtor, I was an independent publisher, starting and operating Maui, Kauai and Hawaii Real Estate Weeklies, Maui Time Weekly (partner), and in 2005, I was a Mayors Small Business Award finalist. In 2009, after seeing the demand and living in an under serviced pet market, alongside my Mom, Susan we opened West Maui Pet Supply. I started my career after college as an account executive with Orlando Weekly ultimately becoming their Advertising Director. Then I moved on to Advertising Sales Manager at Orange County Weekly, in Southern California. I am native of Detroit, Michigan, but grew up in Florida splitting time between Miami, Orlando and Cocoa Beach, Fl. I was a scholarship soccer player at the University of Central Florida and graduated with a BA from their School of Communication. Always attracted to healthy lifestyle, adventure, great weather, water sports and the outdoors, I moved to Maui in the summer of 2002. When the Realtor hat comes off, I'm active in the community coaching U-14 Boys Soccer (AYSO - West Side Pride) and I still play in the West Maui open division. I'm involved along with other fellow Hawaii Life comrades volunteering regularly at the Ka Hale A Ke Ola Shelter in West Maui and I'm on the Board of the Hawaii Life Charitable Fund. Through the outlet of the WM Pet Supply, I was heavily involved with the Maui Humane Society & ASCPA getting animals adopted & spayed/neutered. When I have free time you'll find me surfing, golfing, at the gym, a regular at yoga class, hanging at home with my animals or working in the backyard on my organic micro-farm (aka: food garden). You can email me at JeffOnderko@HawaiiLife.com or via phone at (808) 280-4881.

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