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Hot Tamale! Puamana in Lahaina on Sizzling Streak of Sales Activity

In an oceanfront townhome community that averages just 12 sales transactions per year, Puamana has gotten off the starting blocks to 2017 in explosive fashion, with 5 closings and 3 pending units already going under contract within the first 3 months of the year.

Puamana Pools Calm

Summer swells will start rolling through this time of year – What a place to sit and stare

What Happened?

Blame it on the presidential election. Blame it on the failed coupe attempt in Turkey. Blame it on Tom Brady’s 4-game suspension or the Cubs’ World Series post celebratory hangover. Whatever it is, if we took a snapshot of just 2 months ago, it was a complete reverse of the current state of momentum.

Only 8 units had sold in all of 2016. None had sold since July, and only 1 had gone under contract in that same time. With 11 units active, and the winter season approaching, some of us that specialize in Puamana were looking at each other with the facial expressions kinda resembling the Monopoly man after an unlucky “Chance or Community Chest” draw card. Lots of activity in a sense of showings, but Buyers wanting to hold, wait, and see. Uh, wait and see?

Puamana 15-3 Front Exterior

Puamana 15-3 (2 Bed/2 Bath) Sold for $750K: Jeff Onderko & Hawaii Life represented the Buyer

So if 2017 is a by-product of wait and see, it looks like it was well worth the wait as the volume train is back on track. For the record, 4 out of the 5 sales for 2017 went under contract after December 21, 2016, all closed by mid-March, and all 3 pending deals currently in escrow went binding between February 2 and February 26, 2017. Now that’s some action!

Puamana CMA March 30th 2017

2017 Puamana Sold & Pending Units – January thru March

Again, for 30 years now Puamana has had an average of 12 deals per year. 5 sold and 3 under contract prior to March 31, 2017.

What’s Active For Sale?

We are back to a normally tight inventory market in Puamana with 4 units available for sale (this changes daily).

Puamana 177 Building Oceanview Aerial

A look from above the 177 building towards the middle to southern end of the neighborhood

Why is Puamana So Hot Right Now?

Because you buy it for the love. You know those VISA commercials that refer to moments as “priceless?” Puamana could be the poster child for one of those. With 30 acres of vacation rental friendly oceanfront property, read further at Puamana: 12 Reasons Why It’s Best.

Birds eye view of the Puamana ocean pool , club house and the scenic West Maui Mountains

Bird’s eye view of the Puamana ocean pool, club house, and the scenic West Maui Mountains

More Information

If you are in the market for buying or selling Puamana real estate, or have any questions about the neighborhood or West Maui in general, please feel free to contact me. I welcome the opportunity to give you information about my previous sales performance and marketing strategies. At Hawaii Life, we are connecting buyers and sellers from around the world.

Thanks for reading – JTO

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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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