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3 things to know about

aina nalu 2009 Sales Statistics

How did 2009 look for sales at aina nalu in Lahaina?

 1/1/09 - 12/31/09
 STUDIO  1 BD/ 1 BA
 2 BD/ 1 BA
 2 BD/ 2 BA
    upstairs  downstairs  upstairs
downstairs
 upstairs
downstairs
  upstairs  downstairs
 Units For Sale 1 0  4  3  3 2
 17 14
Units Sold 1  0  0  0   0   0  0  0
 Asking Price High $239,000  n/a $ 460,000   $399,000
 $589,000
 $455,000
$625,000
$609,000
 Asking Price Low $239,000   n/a  $275,000 $329,000  $275,000
$225,000
 $299,000
 $259,000
 Median Asking Price $239,000   n/a $378,500 $375,000
$489,000
 $340,000
$399,000
 $429,000
 Average Asking Price $239,000   n/a $373,000
$367,667
$451,000
$340,000 $432,559
$415,557
 Median Sold Price $195,000  n/a  n/a  n/a  n/a  n/a   n/a  n/a
 Average Sold Price  $195,000  n/a  n/a   n/a   n/a  n/a  n/a  n/a
Median List Price of Units for Sale at Years End   n/a  n/a $329,000
$352,000
$432,000
  n/a $398.500
$325,000
AverageList Price of Units for Sale at Years End   n/a  n/a $329,000 $352,000 $432,000  n/a $402,278
$380, 533

Throughout 2009, there were 44 listings (10 of which were short sale) and 6 partial ownerships listed. At the end of 2009, there were 19 active listings (7 short sale) for whole units and 5 active partial ownership units listed. Out of 44 listings, 20 were taken off the market by the end of the year and 1 became a partial ownership listing. Sellers reduced their asking price by an average of 12% from their original asking price. There were 2 sales in all of 2009 (1 upstairs studio unit and 1 partial ownership downstairs 2/1 unit).

Here’s a comparison of average asking prices—2009 to 2008:

· Studio—$239,000 (2009) to $253,500 (2008) -6%

· 1/1 upstairs—$373,000 (2009) to $397,400 (2008) -6%

· 1/1 downstairs—$367,667 (2009) to $408,000 (2008) -10%

· 2/1 upstairs—$451,000 (2009) to $544,000 (2008) -17%

· 2/1 downstairs—$340,000 (2009), no units in 2008

· 2/2 upstairs—$432,559 (2009) to $500,347 (2008) -14%

· 2/2 downstairs—$415,557 (2009) to $504,438 (2008) -18%

 

For further information on properties at aina nalu or anywhere on Maui, contact Lee or Barbara at lee@alohapotts.com or barb@alohapotts.com, or call 808.276.8776. 

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