This large 4 bed/3 bath home at 771 Aukai Street with over 3700 s.f. under roof is now for sale for $550,000! This is a smoking deal with a price per square foot of $195 for interior living area. There is 2,821 interior s.f. of living area, + a 420 s.f. covered lanai, + a 482 s.f. garage.
– New automatic garage door installed August 2014
– New garage closet doors
– New mailbox
– Fumigated by Insight on September 2014 with a 2-year warranty.
Ocean views from this home in Waiehu Heights, a convenient neighborhood near Central Maui shopping, schools, government & medical facilities.
Call Kimberly Delmore R(B) for showing at 808-298-6655.
The August 2014 Maui Real Estate Statistics revealed a big drop in volume of homes sold. Only 68 transactions of homes closed in August, compared to 100 the month earlier, and compared to 81 in August 2013. The August 2014 median home price of $570k was similar to July’s median price and a little less than August 2013 ($585,000).
For condos, things weren’t as dramatic, with a median price of $410k in August 2014 on 94 units sold, compared to a median in August 2013 of $420k with 81 units sold.
I do see a trend of inventory increasing in the market. The active/pending-continue to show homes as of August 6, 2014 showed 674 in that cateogry, a big jump from only 582 at the same time a year ago. Same for condos, where 871 units were active or pending-continue to show on August 6, 2014, an increase from 756 in August a year earlier.
The July 2014 Realtors Association of Maui statistics showed a median home price of $573,750 for the month with 98 homes sold, which was up dramatically compared to the same month in the year prior. (In July 2013, 93 homes sold for a median price of $475,000).
For condo sales, the median price in July 2014 of $387,500 was up a lot from July 2013’s $357,625. But # of sales were down. July 2014 had 82 condo closings, compared to 112 in July 2013.
Year to date as of July 2014, the median home price was up 7% to $574,500 (v. $535k at same YTD of 2013).