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Kahului is the top Maui market for pending home sales

Right now the Maui real estate market is moving very fast, driven in part by a buying spree from investors who are snapping up available homes to offer as rentals. There are also plenty of first time home buyers who want to take advantage of the low borrowing rates but find that many of the hot market areas have very few active listings.

Top 3 hot housing markets on Maui

Which are the hot markets on Maui right now and how do you measure it? One great indicator is the ratio of pending versus active listings in a neighborhood. If an area has very few available properties for sale and a disproportionately high number of pending sales, then that market shows high demand and short supply – a strong sign of a hot market. Below are the only 3 markets for Maui homes for sale where the number of pending sales outnumbers the active listings…

#1 – Kahului

kahului pending home sales chart

The Kahului area tops the list with 38 pending home sales compared to only 14 active listings – that means that 78% of the Kahului residential market is under contract! One Kahului neighborhood stands out: The Islands at Maui Lani has 4 pending home sales where the lowest list price is $639,000. There are also pending sales in other Maui Lani neighborhoods like The Legends at Maui Lani and the New Traditions at Maui Lani. You can see our special page devoted to the Maui Lani community which includes a great subdivision map.

Out of the 38 pending home sales in Kahului, 23 home sales are outside of the Maui Lani development where the average asking price is $396,365.

Great available homes in Kahului

24 LOIHI PL

24 LOIHI PL
Price: $1,785,000
Beds: 4
Baths Total: 3
Sqft: 2160
Acres: 0.1621
City: Kahului
State: HI
Zip: 96732

23 MEHEU CIR MEHEU CIR

23 MEHEU CIR MEHEU CIR
Price: $895,000
Beds: 3
Baths Total: 2.5
Sqft: 1298
Acres: 0.0781
City: Kahului
State: HI
Zip: 96732

117 KEONELOA ST

117 KEONELOA ST
Price: $1,275,000
Beds: 4
Baths Total: 4.5
Sqft: 2991
Acres: 0.2357
City: Wailuku
State: HI
Zip: 96793

159 OLINA ST

159 OLINA ST
Price: $1,185,000
Beds: 3
Baths Total: 2.5
Sqft: 1998
Acres: 0.1909
City: Kahului
State: HI
Zip: 96732

32 KUUHALE PL

32 KUUHALE PL
Price: $1,150,000
Beds: 3
Baths Total: 2.5
Sqft: 1814
Acres: 0.1296
City: Kahului
State: HI
Zip: 96732

152 HULUHULU ST

152 HULUHULU ST
Price: $1,249,000
Beds: 5
Baths Total: 3.5
Sqft: 2362
Acres: 0.2287
City: Kahului
State: HI
Zip: 96732

189 KUENA LN

189 KUENA LN
Price: $1,289,000
Beds: 3
Baths Total: 2.5
Sqft: 2227
Acres: 0.1443
City: Kahului
State: HI
Zip: 96732

22 MELEINOA PL

22 MELEINOA PL
Price: $1,590,000
Beds: 4
Baths Total: 3
Sqft: 2053
Acres: 0.1663
City: Kahului
State: HI
Zip: 96732

263 KAMALEI CIR

263 KAMALEI CIR
Price: $2,100,000
Beds: 5
Baths Total: 5
Sqft: 4564
Acres: 0.2633
City: Kahului
State: HI
Zip: 96732

See our complete list of Maui Lani homes for sale.

#2 Pukalani

chart showing the pending home sales in pukalani

Properties are selling very fast when it comes to Pukalani homes for sale. Right now there are 15 pending home sales in Pukalani compared to only 8 active listings – so 65% of the Pukalani real estate market is under contract. The pending home sales in Pukalani range in price from $274,000 up to $725,000, the average list price for pending sales is $545,143.

Pukalani homes are going under contract faster than many other markets, in fact the average days to contract is only 59 days.

Recently listed Pukalani homes for sale

256 HAULANI ST

256 HAULANI ST
Price: $695,000
Beds: 1
Baths Total: 1
Sqft: 500
Acres: 0.5237
City: Pukalani
State: HI
Zip: 96768

215 HOLOLANI ST

215 HOLOLANI ST
Price: $1,449,000
Beds: 3
Baths Total: 3
Sqft: 1950
Acres: 0.3414
City: Pukalani
State: HI
Zip: 96768

2811 LIHOLANI ST

2811 LIHOLANI ST
Price: $1,150,000
Beds: 3
Baths Total: 2.5
Sqft: 1734
Acres: 0.4408
City: Makawao
State: HI
Zip: 97868

256 HAULANI ST

256 HAULANI ST
Price: $1,200,000
Beds: 3
Baths Total: 2
Sqft: 1134
Acres: 0.5237
City: Makawao
State: HI
Zip: 96768-8606

3305 LAULIMA LN

3305 LAULIMA LN
Price: $785,000
Beds: 2
Baths Total: 2
Sqft: 864
Acres: 0.9988
City: Makawao
State: HI
Zip: 96768-8823

2884 IWALANI ST

2884 IWALANI ST
Price: $1,070,000
Beds: 3
Baths Total: 2
Sqft: 1240
Acres: 0.1726
City: Pukalani
State: HI
Zip: 96768

268 KAUALANI DR

268 KAUALANI DR
Price: $1,190,000
Beds: 3
Baths Total: 2
Sqft: 1560
Acres: 0.222
City: Makawao
State: HI
Zip: 96768

85 ALEA PL

85 ALEA PL
Price: $1,395,000
Beds: 3
Baths Total: 1
Sqft: 1040
Acres: 0.3831
City: Pukalani
State: HI
Zip: 96768

3029 AINA LANI DR

3029 AINA LANI DR
Price: $1,695,000
Beds: 3
Baths Total: 3
Sqft: 2654
Acres: 0.2305
City: Pukalani
State: HI
Zip: 96768

See our complete list of Pukalani homes for sale.

#3 – Kahana & Napili

kahana pending home sales chart

The Kahana and Napili areas of West Maui stand out in this list with the highest average asking price of $754,260. There are 15 pending home sales in Kahana and only 12 available home listings which means the 56% of the Kahana real estate market is under contract! Kahana Ridge is the star of the show with 6 pending home sales ranging in price from $625,000 to $1,249,000.

Recently listed Kahana homes for sale

12 CORAL PL

12 CORAL PL
Price: $1,975,000
Beds: 4
Baths Total: 3
Sqft: 2298
Acres: 0.1613
City: Lahaina
State: HI
Zip: 96761

4067 S PAUA WAY

4067 S PAUA WAY
Price: $2,174,500
Beds: 3
Baths Total: 2
Sqft: 1492
Acres: 0.197
City: Lahaina
State: HI
Zip: 96761

5157 LOWER HONOAPIILANI RD

5157 LOWER HONOAPIILANI RD
Price: $6,900,000
Beds: 2
Baths Total: 2
Sqft: 2348
Acres: 0.377
City: Lahaina
State: HI
Zip: 96761

85 HUI F RD

85 HUI F RD
Price: $1,888,000
Beds: 3
Baths Total: 2.5
Sqft: 2022
Acres: 0.1149
City: Lahaina
State: HI
Zip: 96761

6 ORCHID PL

6 ORCHID PL
Price: $1,645,000
Beds: 3
Baths Total: 2
Sqft: 1468
Acres: 0.1687
City: Lahaina
State: HI
Zip: 96761

11 HUA NUI WAY

11 HUA NUI WAY
Price: $1,795,000
Beds: 3
Baths Total: 3
Sqft: 2088
Acres: 0.144
City: Lahaina
State: HI
Zip: 96761

9 KILI NAHE ST

9 KILI NAHE ST
Price: $2,345,000
Beds: 3
Baths Total: 2.5
Sqft: 1869
Acres: 0.1722
City: Lahaina
State: HI
Zip: 96761

4885 LOWER HONOAPIILANI RD

4885 LOWER HONOAPIILANI RD
Price: $7,888,000
Beds: 2
Baths Total: 2
Sqft: 1381
Acres: 0.3617
City: Lahaina
State: HI
Zip: 96761

4077 LOWER HONOAPIILANI RD

4077 LOWER HONOAPIILANI RD
Price: $16,900,000
Beds: 5
Baths Total: 7.5
Sqft: 10151
Acres: 0.876
City: Lahaina
State: HI
Zip: 96761

112 OLEANDER PL

112 OLEANDER PL
Price: $1,695,000
Beds: 3
Baths Total: 3
Sqft: 2430
Acres: 0.1587
City: Lahaina
State: HI
Zip: 96761

See the full list of Kahana and Napili homes for sale.

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