Maui Blog - Georgie Hunter R(S): Bank owned homes on Maui - what's for sale in December 2017?

Bank owned homes on Maui - what's for sale in December 2017?

Bank owned homes on Maui - what's for sale now?

I think we're experiencing another wave of REO listings here on Maui.  In Haiku alone there have been 2 new listings entering the market just this week, priced at $609,900 and $1,200,000.  So I ran a quick search to see how many, and was quite surprised at the distressed housing inventory. 

Here's a brief summary:

  • 36 REO listings in Maui County priced from $78,900 to $1,200,000
  • twice as many as when I last reported in May 2017
  • 17 are Active while 19 are already Pending and priced up to $849,900
  • average Days on Market is 76 days
  • none are CPR properties
  • the lowest price is on Molokai for a small 1 bedroom house on a 6,094 sf lot
  • the highest price is in Haiku for large 6 bedroom home on 1.45 acres
  • search the Maui MLS for bank owned homes here

20 Kahope Place, Haiku Maui HI

20 Kahope Place, Haiku Maui HI - listed for $402,200 by Fine Island Properties LLC

Breakdown by location:

  • Haiku - 6 homes for sale priced from $342,000 to $1,200,000
  • Kahului - 7 homes for salepriced from $477,00 to $667,500
  • Kihei - 6 homes for sale priced from $469,900 to $849,900
  • West Maui - 3 homes for sale priced from $386,900 to $809,000
  • Makawao - 4 homes for sale priced from $461,100 to $713,500
  • Wailuku - 5 homes for sale priced from $264,900 to $774,900
  • Molokai island - 4 homes for sale priced from $78,900 to $202,000
  • Lanai island - 1 home for sale priced at $449,900

 

Thanks for reading my Maui blog...

Buying or selling real estate on Maui?  That's what I do.  Let me help YOU.

Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
127 Hana Hwy. #G, Paia HI 96779
E-mail or call/text: 808 283-0635

Save

Comment balloon 5 commentsGeorgie Hunter R(S) 58089 • December 06 2017 10:59PM

Comments

Georgie,

I am amazed that there are still bank owned sales in your area.  Thank you for letting us know in detail.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding and Marketing (Napa Consultants) 8 days ago

I would never imagine bank owned properties in your market either. What a surprise. Hope you help buyers get these off the market quickly. D 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) 7 days ago

Those are some good sales for 2017 and let’s hope the equally interesting ones pop up for 2018!

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) 7 days ago

I’ve seen bank owned properties pretty much everywhere on this blog. Nothing really s surprises me too much. Debb Janes EcoBroker and Bernie Stea JD

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) 7 days ago

Hello Georgie and there are some great deals on your post!

Posted by Robert Vegas Bob Swetz, Las Vegas Henderson Homes for Sale (Realty ONE Group) 4 days ago

This blog does not allow anonymous comments