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, one of West Maui most sought after residential local communities.
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 market reports as they come available.
Neighborhood Snapshot
- In the last year to date, there have been nine units sold in Opukea. This compares to just six at this point last year, due to the hot start in 2021. There have been 13 units sold in the last four of five years, so we can expect an uptick in sales this year, as there has only been one sold so far.
- Most units have been selling fast with an average of 106 days on market; however 31 days is the current low and this tells a more accurate storyline for this market. The lone sale for this year so far, sold in 81 days.
- Currently there are two active listings in Opukea right now; MLS: 394899-3/2 $848,000 & MLS: 393782-4/3 $1,195,000
Opukea Sales Summary (click on the images/links for interactive)
| Year | Avg List Price | Avg Sold Price | % List Sell | % Yr Gr | $/Sq Ft | DOM | # Sold |
| 2021 | $649,769 | $648,654 | 100% | -5% | $492 | 124 | 13 |
| 2020 | $690,667 | $681,000 | 99% | 5% | $496 | 162 | 3 |
| 2019 | $670,578 | $646,684 | 96% | 14% | $458 | 123 | 13 |
| 2018 | $583,685 | $567,262 | 97% | 4% | $432 | 92 | 13 |
| 2017 | $559,122 | $545,462 | 98% | 2% | $417 | 100 | 13 |
Want to Know More?
If you are in the market for buying or selling Opukea 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.
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