Maui Real Estate Market Report

Kula, HI

Single-Family Homes

Presented by The Maui Property Team



Kula, HI

Sun Jan 29 2023
This week the median list price for Kula, HI is $1,938,500 with the market action index hovering around 31. This is less than last month's market action index of 36. Inventory has increased to 14. Click here to stay informed with the Kula market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Kula, HI

Sun Jan 29 2023
This week the median list price for Kula, HI is $1,938,500 with the market action index hovering around 31. This is less than last month's market action index of 36. Inventory has increased to 14. Click here to stay informed with the Kula market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Kula market.
Median List Price $1,938,500
Median Price of New Listings $2,199,000
Per Square Foot $1,088
Average Days on Market 186
Median Days on Market 109
Price Decreased 43%
Price Increased 7%
Relisted 7%
Inventory 14
Median Rent
Market Action 31
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,500,000 2,900 2.5 - 5 acres 4 4 1 0 0 42
$2,475,000 2,824 0.5 - 1 acre 4 3 34 0 0 70
$1,436,500 1,218 1 - 2.5 acres 3 2 39 1 1 129
$820,000 1,572 0.5 - 1 acre 3 2.3 32 0 0 364