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West Maui Property Stats: December 2015 Pending & Sold

December 2015 in West Maui real estate represented so much more than the words and pictures in this article could ever convey. I’m serious. Let’s face it, in a very sexy place (aka interesting and beautiful) like Maui, statistical real estate reporting is not the sexiest topic (interesting and beautiful) to ever write about. Heck for most, it’s not even a conversational public topic.

West Side is the Best Side

My kind of island fever 🙂 A Lahaina winter sunset

Yet for others, like your Sunday armchair quarterback, where any person from the peanut gallery with a Zillow account and saved property searches can claim expert greatness. Real estate conversation (depending on the market) is like the weather…you talk about it when you’re bored, disinterested, or after you’ve exhausted politics and religion. OR?…you just really dig it 🙂

Good News

For you on the surface type of people, I have included some CliffNote points to wet your whistle; quick and easy allowing you to converse in most social circles the recent hot points of this West Maui real estate market. You can feel confident that none of this is speculative. It’s fact…it happened.

And for you roll up your sleeves, I’ve gotta have it all types, I have included complete details on every West Maui property sale and pending contract that went official in December (also fact), not to mention a sales volume report on 2015 not yet found anywhere else (or at least presented this way).

A reason why Front Street in Lahaina is a popular address. Sharkpit Beach.

Where the locals hang – a reason why Front Street in Lahaina is a popular address

The December Headlines

39 properties were sold and 34 went pending in West Maui. Of the sold transactions, 8 were homes and 31 were condos. There were no land sales.

39 properties sold is one less than the previous month (November), however, 9 less than the last 12 months’ per/month average of 48. This was the lowest monthly total of the year besides January, which had 35.

The lowest sale of the month was $70K, while the highest was $4.6M (both were condos). There were 4 condo sales over $2M, and yet only 2 homes. Kaanapali had the most condo sales with 12, with Kapalua next in line with 5.

Of the 8 homes that sold, Lahaina dominated the volume scene with 5, 3 of which had a Front Street address resulting in an average sale price of $1.87M. No homes sold in Kaanapali or Kapalua. The other 3 were Launiupoko, Kahana, and Napili.

The Fine Print

It’s all in the links below…Everything you need!

 
Thanks for reading! While numbers may not be that sexy (interesting and beautiful), from a real estate standpoint, I believe they “tell a story,” “paint a picture” and allow us to see “where we are.” If you would like to be included in my West Maui monthly newsletter, which contains all West Maui monthly sales and pending activity…please feel free to contact me.

Aloha!
– JTO

About the Author

Jeff Onderko

Jeff Onderko is a REALTOR Broker 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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