Upcountry Maui Real Estate - August Home Sales

Here are the residential sales that occurred during the month of August for Upcountry Maui real estate:

Kula - 3
The big surprise was the home at 300 Inu Place that closed at $1,650,000. This home sold back in 2005 for $2,550,000. This sale will wreak some damage on the comps for Kula real estate sales over the next several months.

Pukalani - 5
Two of the five sales within Pukalani were bank owned properties. One of the homes sold was a short-sale. Of the two remaining sales, one was a project sale, residential condominium at The Cottages at Kulamalu.

Makawao - 2
As far as Makawao homes for sale, there were two closings in the month of August. The sale at 2190 Piiholo Road was a residential condo. The sale financing was by way of an Agreement of Sale. With the difficulty of obtaining conventional financing today, more Sellers are viewing Seller financing by way of an Agreement of Sale, or Purchase Money Mortgage as a viable way to sell and move on in their lives.

Have questions about Upcountry Maui homes for sale, please feel free to contact me or call me directly at: 808.280.2625.