Pineapple Hill December Market Update: 2016 Sees Action

As 2016 came to a close, the month of December brought two more sales to Pineapple Hill, bringing the total sales for the year to 9. That is up from 7 sales in 2015 and is the most sales in one year since tying 2010 (9) & 2005 (9), and second only to 2004 & 2000, which both had 11 sales. There were also some new additions this month as well.

View from 1206 Summer Rd. (MLS# 367720)

Below are the changes and details I would like to bring to your attention.

New

After being taken off the market last April, 800 Jacaranda Way (MLS# 372105) came back to the market on 12/9/2016. It is priced at $2,310,000.

610 Silversword Dr. (MLS# 372299) is new to the market as of 12/22/2016 at a listing price of $2,650,000.

Price Reduction

342 Cookpine Dr. (MLS# 369994) had a price reduction of $100,000 and is now priced at $3,295,000.

Sold

233 Crestview Rd. (MLS# 370861) was originally listed on 4/23/15 at a price of $3,290,000. After two price reductions that brought the listing price down to $2,750,000, it closed on 12/15/2016 with a sales price of $2,600,000.

404 Monarch (MLS# 370748) Closed on 12/22/2016 after being on the market for 112 days.the sales price was $2,050,000 down $100,000 from the most recent listing price and down $445,000 from its previous listing price when it was on the market for 511 days.

Cancelled

228 Crestview Rd (MLS# 364241) is now off the market. It was cancelled on 12/8/2016 after 643 Days on the market; it had been priced at $3,995,000.

Market Activity

Here’s a look at the current active listings as of December 31:

Source: Realtor Association of Maui data (click image to enlarge)

Here’s a look at the current sold listings year to date as of December 31:

Source: Realtor Association of Maui data (click image to enlarge)

Source: Realtor Association of Maui data (click image to enlarge)

Want to Know More?

If you have any questions, or would like to know more about the Pineapple Hill area, please contact me.