Kihei

Welcome to the fantastic area of Kihei! As of the latest US census, around 18,764 call this area home and around 64% are homeowners. With an average age of 44, the residents of Kihei are well established, with many growing families of all ages. However, during weekends and holidays, you can see a lot more activity and excitement. Over the past 90 days roughly 22 homes have been sold with an average sold price of $906,873. That is a decrease of $148,061 from the previous period.

Kihei Listings

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Population Growth

Household Income

Average:

Cost Index

VS National AVG

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Average Sale Price (180 days)
$0
+ $0 from the previous 180 day period.
Recent Sales
In the past 180 days there have been 0 home sales in the area.

Average Percentage of List Price

This graph details the average percent of the sold price compared to the list price on the property.  This is an excellent tool for both Buyers and Sellers.

Buyers can use this tool to determine an offer price.  For example, if you were going to offer on a property listed for $1m and the statistics show that the Average Percent of List Price is 97%, chances are you'll end up paying around $970,000 for that unit.  If the average is 101%, you may want to consider offering full price or perhaps a little over.  

Sellers can use this tool to determine a list price to increase their chances of realizing what they want out of the property.  For example, if you want to realize $970,000 and the current Average Percent of List Price is 97%, you may want to consider listing your property around $1m, knowing that Buyers in this market will most likely expect a little negotiating room.

Average Days on Market (DOM)

This graph details the Average Days on Market.  This is an excellent tool for both Buyers and Sellers.

Buyers can use this tool in conjunction with the Average Percent of List Price Tool to determine an offer amount and how much time they may have for negotiations.  If the days on market are high, you will most likely have some time for negotiating.  However, if the days on market are low, chances are another offer may come in during negotiations, creating competition and lessening your leverage.  If they are really low, you may want to consider coming in with your best offer.

Sellers can use this tool to determine how long it may take to sell their home and when they should be expecting offers.  It can also indicate when price reductions may be necessary.  If the days on the market are low and you're not receiving any offers, you may want to consider lowering your price.  It is important to listen to the market and respond quickly to get your price where it should be.  In a hot market, days on are a red flag to many buyers.

Average Sold Price

Number of Active Listings

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Kihei
Market Report

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