Upcountry Maui Real Estate Update
It’s no surprise that the real estate market has slowed down in Maui. Higher interest rates have sidelined many buyers. The latest Fidelity National Title Market Update showed a 33% decrease in Pukalani residential sales compared to 2021. Median sales price has increased 23% to $1,105,000 to date. Inventory remains low. At the time of writing this blog there are eight active residential listings in Pukalani.
249 Kaulani Dr – Vaulted Ceilings and Views, Photo and Video Credit: Just Pended Hawaii
What’s to Like About Pukalani?
Here are many reasons to consider Pukalani when looking for a home in Maui. The climate is milder than other parts of the Maui with an average temperature ranging from 69.8 – 79 degrees Fahrenheit. Active lifestyle? Many options include the Upcountry Pool, Pukalani Country Club, Haleakala National Park, and Pukalani Skate Park. Convenience: grocery stores and restaurants are nearby. The higher elevation offers the potential for properties to take advantage of spectacular views. Check out 249 Kaualani Dr. for amazing ocean and golf course views. The stunning wood work is impressive and sets the tone for a cozy Upcountry home!
How Can I Assist You?
Let’s talk if you are looking to buy or sell your property. I’d be happy to help you and discuss how to navigate this current market. I can be reached at 808.796.6956 or richwu@hawaiilife.com.
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