COVID19 UPDATE
Hawaii

2020 Mid-Summer Puamana Activity | Selection Wide, Inventory High

As part of my commitment to keeping the community informed about West Maui’s dynamic, micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of Puamana, Lahaina’s gold coast oceanfront gated community.

The Famed Puamana Pool – West Maui’s 8th Wonder of the World

What You’ll Find  

  • Actual Sales Prices: learn exactly how much specific properties sold for
  • Sales Volume: see the strength of the market in terms of how many properties sold
  • Days on Market: understand how long it takes the average property to sell
  • List Price vs. Sold Price: see how the final sales price compares to the listing price
  • Price Per Square Foot: which is critical in calculating real estate values
  • Asset % Growth: what is the year over year appreciation of my property
  • Current Inventory: what is actively for sale and currently under contract

Before we dig into the numbers, make sure you subscribe to my blog if you want to be notified of future market reports as they come available.

Puamana 2019/2020 | Market Headlines

  • 6 Puamana sales so far in 2020
  • Avg Sales Price = $1.44M
  • 1 Bedroom Non-Oceanfront unit avg sales price = $825/K
  • Despite the unprecedented times and effects of the pandemic, 2020 sales prices are up significantly from 2019.
  • 14 active listings and one is under contract. Selection is wide and inventory is high!

 

Historical Sales Analysis

2020 sales prices are up from 2019. 

Puamana Historical Sales Detail

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2020 $1,472,500 1,445,917 98% 50% $1,187 109 6 20%
2019 $1,007,600 $962,600 96% -41% $1,095 201 5 86%
2018 $1,678,125 $1,626,667 97% 55% $1,201 108 12 18%
2017 $1,093,364 $1,052,545 96% 19% $862 134 11 -19%
2016 $911,463 $881,650 97% -22% $1,009 102 8 -37%
2015 $1,230,864 $1,125,400 91% 20% $914 164 11 -29%

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2020 $830,000  $825,000 99% -0.7% $1,157 40 2 -33%
2019 $856,000 $831,000 97% -12.6% $1,214 279 3 -50%
2018 $981,125 $951,250 97% 5.7% $1,088 102 4 300%
2017 $825,000 $900,000 109% 19.8% $1,402 338 1 -75%
2016 $772,375 $751,250 97% 21.7% $1,049 92 4 0%
2015 $611,875 $617,500 101% -51.0% $703 97 4 100%

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2019 $1,415,000 $1,362,750 96% 17.5% $1,180 121 2 0%
2019 $1,235,000 $1,160,000 94% -0.4% $916 85 2 0%
2018 $1,240,000 $1,165,000 94% 22.6% $1,007 174 2 -71%
2017 $1,021,714 $950,429 93% -6.1% $825 126 7 75%
2016 $1,050,550 $1,012,050 96% 32.8% $1,049 112 4 100%
2015 $814,000 $762,000 94% 21.0% $455 362 2 -71%

 

YEAR Avg List Price Avg Sale Price % of List Price % Yr Gr Pr/Liv Sq ft Avg – DOM # Sold % Yr Gr
2019 $2,172,500 $2,150,000 99% 2% $1,226 167 2 -66%
2019
2018 $2,163,167 $2,105,000 97% 57% $1,384 85 6 100%
2017 $1,350,000 $1,341,667 99% -21% $950 85 3 -40%
2016
2015 $1,892,800 $1,705,000 90% -32% $1,178 139 5 67%

Want to Know More?

If you are in the market for buying or selling Puamana real estate or have any questions about the area or the market 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 pitch.

Related Articles

Puamana: 12 Reasons Why it’s The Best

Front Street: One of America’s Greatest Streets

COPYRIGHT WARNING: By posting in this space you are agreeing that the content being entered here is owned by you, created by you, or you have permissions for use and that you accept full liability under Copyright Law. According to Company Policy, agents affiliated with Hawaii Life cannot copy or post any information which is copyrighted without giving appropriate credit. This applies to both copy (text) and image (photo) content.

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.

Comments (0) Show CommentsHide Comments (Remember)

Cool. Add your comment...

Your email address will not be published. Required fields are marked *

Leave your opinion here. Please be nice. Your Email address will be kept private, this form is secure and we never spam you.

More Articles from Hawaii Life