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Pineapple Hill Market Update – August Remains Fairly Quiet

After another sluggish month in Pineapple Hill, there are just a few changes to talk about for the month of August. Below are the changes and details I wanted to bring to your attention.

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New Listings

218 Crestview Rd. (MLS# 370500) came to the market on 8/10/2016. It is listed at $3,695,000.

Price Reductions

228 Crestview Rd. was originally priced at $4,150,000. It was reduced to $3,995,000 on 8/25/2016 after 542 days on the market.

Cancelled

118 Pulelehua St. (MLS# 370429) was cancelled on 8/28/2016 after being on the market for 25 days. It had been priced at $3,775,000. This property was previously listed for 12 days from 5/11/2016 – 5/22/2016 at $3,775,000 and earlier this year it was listed for 9 days from 1/16/2016 – 1/25/2016 at the same price.

After 340 days on the market, 116 Pulelehua St. (MLS# 366486) was cancelled on 8/28/2016. It was originally priced at $2,999,000 on 2/7/2015 was raised to a high of $3,695,000 on 12/21/2015 and reduced to $3,395,000 where it remained until being cancelled on 8/28/2016 after 340 days on the market.

404 Monarch Pl. (MLS# 363799) has also been cancelled. After first being listed on 1/30/2015 at a price of $2,495,000, it remained at that price for 571 days until it was cancelled on 8/23/2016.

Market Activity

Here’s a look at the current active listings as of August 31:

Screen Shot 2016-08-30 at 7.29.27 AM

Source: Realtor Association of Maui data (click image to enlarge)

Current Sold Activity (Jan. 1 – Aug. 31, 2016)

Screen Shot 2016-07-01 at 8.26.30 AM

Source: Realtor Association of Maui data (click image to enlarge)

Want to Know More?

If you have any questions, or would like to know more about the Pineapple Hill area, please contact me.

 

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