Opukea at Lahaina Continues Hot Trend

Opukea at Lahaina Continues Hot Trend

As part of my commitment to keeping the community informed about West Maui’s resort laden, micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of Opukea, Lahaina Town’s premier local condo community.

Apartment building surrounding a landscaped courtyard with balconies, a curved walkway, and picnic tables.

 

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 if 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 Opukea market reports as they come available.

Opukea entrance sign beside a stone wall, palms, and landscaped grounds.

2019 Market Snapshot

  • Opukea sales have been moderately hot this year. In summary — volume is steady, avg sales prices are up  17%, and days on market well under the West Maui average for comparable property. This marks the 6th year in a row that Opukea has seen positive price growth.
  • Days on Market from time of listing to closing is averaging 139 days (West Maui average = 220 days). The comparative is from other West Maui condos communities that do not permit or allow vacation rentals.
  • Currently, there are 3 actively listed units for sale and 1 pending.

Historical Sales Summary (click on the images/links for interactive)

Opukea at Lahaina average list and sold prices, 2009–2019; both rise overall after 2011, especially in 2019.

Bar chart of Opukea at Lahaina sales by year, peaking at 37 in 2009 and 36 in 2015.

Opukea at Lahaina sales table comparing prices and market statistics from 2014 to 2019.

 

Bedroom Bathroom Breakdown

Chart of Opukea at Lahaina two-bedroom average prices, with list and sold prices rising from 2009 to 2019.

Opukea at Lahaina 2-bedroom sales table, showing average prices and sales statistics from 2014 to 2019.

Chart of Opukea at Lahaina three-bedroom average list and sold prices, 2009–2019, rising overall after 2011.

Three-bedroom Opukea at Lahaina sales table with prices and market statistics for 2014–2019.

2019 Opukea at Lahaina: Actives & Solds

CMA summary report showing condominium statistics and three active Opukea at Lahaina listings.

Opukea at Lahaina condominium pending and sold listings with prices and property statistics.
 
 

Work With Jeff

Have questions about the area(s) or the real estate market? From his work and life experience, Jeff has an expertise and love for Resort markets and Resort marketing. Get honest, professional assistance in determining current property value, differentiating available inventory, crafting a competitive offer, writing and negotiating & more. Feel free to contact him today.

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