We were excited to list 181 Kapuai Road in the middle of October at a great price point in the $700k range. The home itself is a custom Lindal Cedar home in the heart of Haiku. Sitting on more than 1 acre of land, it is mostly flat and grassy with lush greenery in a cultivated fenced-in landscape. A separate fenced vegetable garden area keeps your garden safe and prime for the picking.
Totaling just under 1500 sqft, vaulted ceilings, and a two story layout, the home is picturesque Haiku retreat. The large picture windows and open beam ceilings invite a spacious feeling throughout the home. This particular home is the main home portion of a CPR’d property with shared driveway and water meter.
We were happy to close at $705,000.
Haiku Homes Market Update 2019
Through 2019, the Haiku market saw 89 homes sold for a total sales volume of just over $89 million. Sales were been evenly dispersed throughout the year with February and December being the slight exception at 2 and 3 homes sold. Homes in Haiku sold quite fast with 45% of homes sold within 3 months of coming to market. Meanwhile on the opposite end of the market, 10% homes needed longer than 1 year to find a buyer.
In terms of sold prices, 12 homes have been sold for $550,000 or less. Haiku is known for its attractive prices with close to 66% of homes being sold for less than $1 million. It’s rare for the Haiku market to get into the $2.5+ million range with only 2 homes being sold above that price range.
- Haiku Homes sold: 89
- Average sold price: $1,002,863
- Median sold price: $813,000
- Highest priced home sold: $3.4 million
- Lowest priced listing sold: $275,000
Buying into Haiku isn’t as cheap as it once was, but there are still plenty of listings out there to go after. The best and easiest way to stay up to date with the Haiku market is by subscribing to our Haiku home new listing email alerts.
- Haiku Homes for sale: 49
- Average asking price: $1,982,550
- Median list price: $1.3 million
- Highest priced home for sale: $10.95 million
- Lowest priced listing: $429,000
Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.
Anthony Sayles R(S)