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Aloha ,
Market Update
A new study, for the first time ever compiles figures on the residency of Hawaii home buyers. It's long been suspected that international and mainland buyers have a heavy impact on the Hawaii housing market. The study found that statewide they've bought 28% of homes sold since 2008.
Over half the homes (52%) sold on Maui between 2008 and present were purchased by mainland or foriegn buyers. People love to invest in Hawaii, out of state buyers generally are interested in higher-end homes. On average homes bought by foriegners sold for $785,604 and sold to mainlanders for $630,390.
Of the statewide 24% of homes sold to people from the continental U.S. 38% of those buyers are from California, our closest neighbor. Among international buyer's 44% were Canadian and 38% Japanese.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The holiday season is here, the Kula Botanical Garden annual Christmas tree sale begins this weekend. They are one of the largest growers of Monterey Pine trees in the state. Trees range from 3ft to 18ft in size.
Melissa Smith R (B), Ken Smith R (S)
Market Watch
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Active
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Pending
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Sold
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Change
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Homes
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540 (297)
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237 (24)
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1058 (186)
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+9 |
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Condos
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756 (185)
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194 (21)
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1222 (162)
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+8
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Land
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352 (125)
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33 (4)
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151 (25)
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+7 |
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Total
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1648 (607)
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284 (49)
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2431 (373)
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+24 |
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1. The numbers in parentheses reflect the number of listings over $1M
2. Sold listings are for the previous 12 months.
3. Change is the increase or decrease in number of active listings from the previous week.
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Homes Over $1M
55 Ala Apapa Place
Pukalani
$1.297M (FS) |
Stunning single level home in The Residences at Kulamalu. Situated on the 6th fairway of Pukalani Golf Course, this is a beautifully designed open floor plan. The design is open with lots of light and entertainment in mind. The kitchen is open to both the great room and spacious family room.
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2420 Nehe Place
Haiku
$1.395M (FS) |
Perfect Haiku location off of Kokomo Road! As soon as you enter through the electric gate, you will be delighted with beautiful ocean views, privacy and fully fenced 4.12 acres of all usable agricultural land. A lovely feeling of open space with fresh trade wind breezes to keep you cool.
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 913 Hogback Road
Haiku
$2.1M (FS) |
An amazing 3 bedroom. 4 bath home situated on 5.81 usable acres in a gated secure compound has underground utilities. wrap around decks and beautiful Haleakala Crater views are a feature of this Hans Riecke designed home built to take maximum advantage of the trade winds and the Haiku climate.
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917 Hogback Road
Haiku
$2.1M (FS) |
The home was built reflecting Maui's lifestyle of outdoor living by using gracious overhangs on the large covered lanais and orienting the design to benefit from the natural trade winds. You will enter from a private road through the gated entry and find high open beam ceilings, beautiful custom designed Koa cabinetry, a hot tub area with outdoor shower and beautiful rolling lawns
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241 Waiama Way
Haiku
$2.275M (FS) |
Big time ocean views at Haiku Hill, the premier agricultural subdivision on the North Shore. This home was custom crafted by one of Maui's finest builders and has been fabulously maintained. It is situated on two usable landscaped acres bordering Maliko gulch.
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3862 Waakaula Place
Wailea
$3.5M (FS) |
Wonderful Wailea Golf Estates, one level home. Spacious, gracious rooms with high ceilings. Marvelous ocean views from almost every room and a huge pool! A resort within a resort. The home sits on almost a half an acre of land and fronts the tenth hole of the Wailea Blue Course.
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3980 Wailea Ekolu Place
Wailea
$6.7M (FS) |
Perhaps one of the most exquisite homes ever to be offered in Wailea Golf Estates, this spacious, custom-built home is surrounded by two lush greenbelt acres & boasts astonishing ocean views from each of its rooms. Upon entering, double waterfalls cascade into a stone pool.
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Homes Under $1M
2829 West Lelehuna Place
Haiku
$439K (FS) |
Short Sale - Located at the end of W. Lelehuna Place you will find this 9,019 sq.ft. spacious lot. The lawn is well kept and there's ample room to expand the existing home. The property overlooks the Haiku Elementary School and the Haiku Community Center. This 4 bedroom, 2 bath house is in need of some repairs.
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15950 B Haleakala Highway
Kula
$545K (FS) |
Great upper Kula location. This is a Bankruptcy sale. Very good potential, being sold as is. 3 bedrooms, 2 baths and a fireplace in the living room.
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1574 North Alaniu Street
Kihei
$695,005 (FS) |
Adorable home in a great neighborhood just a half block to the beach! Walk to everything-restaurants, grocery stores, dining, gyms, beaches, park, skate park and surf spots. Three bedroom, 2 bath home currently configured with a separate ohana.
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Vacation Condos Over $1M
Wailea Elua #2204
Wailea
$2.495M (FS) |
Nestled within the quiet & pristine oceanfront complex of Wailea Elua, encompassed by the World Class Destination Resort of Wailea is this 'Crown Jewel' that boasts a 'Total Makeover' whereby the owners invested over 1/2 million dollars. Panoramic Ocean & Outer Island Views abound from this Prime & Pristine location within this revered, guard-gated oceanfront complex.
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Wailea Beach Villas #310
Wailea
$2.995M (FS) |
Upon entering this elegant 2-bedroom, 2-bath penthouse, you immediately take in the stunning ocean & mountain vistas that include Molokini. With a dedicated elevator entry key, you are assured full privacy & security. The spectacular penthouse residence includes stylish, luxurious & soothing contemporary furnishings along with upgraded wood paneling & trim.
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Montage Residences #1201
Kapalua
$8.75M (FS) |
Introducing Montage Residences Kapalua Bay. A truly one-of-a-kind opportunity to own along the West Maui shoreline, overlooking the white sandy crescent of Kapalua Bay, with panoramic ocean views framed by the neighboring islands of Molokai and Lanai. Located within the renowned Kapalua Resort, home to two championship golf courses.
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Vacation Condos Under $1M
Royal Kahana #916
Kahana
$339K (FS) |
Exceptional higher floor Studio in the Sunset stack closest to the Ocean. Great Ocean views from this completely remodeled and upgraded Unit. Unit is being sold furnished and turnkey and currently in an Active Rental program with strong Rental performance. The Kitchen and Bathroom have been remodeled.
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Maui Vista #2404
Kihei
$454,999K (FS) |
Fantastic ovean views. This expansive ocean view will allow you to actually watch the whales and view Makena and Molokini right from your own condo! Maui Vista Unit 2404 is fabulously located across the street from renowned Charley Young Beach in popular building 2, which is away from the traffic of South Kihei Road.
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Palms at Wailea #601
Wialea
$715K (FS) |
Palms at Wailea I is the gateway to Wailea living and this unit is the lowest priced 2bed/2bath unit available! Located on the west end of Building #6 this unit is open to the expanse of greenbelt and open air for a feeling of your own large yard and has a peek-a-boo ocean view too!
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Residential Condos
Kihei Villages #4-201
Kihei
$250K (FS) |
Your Best Bet is condo unit 4-201 at Kihei Villages with two bedrooms and one and a half baths, and 750 square foot interior. Built in 1988, this fee simple condominium for sale in Kihei, Maui is updated and move-in ready. This upstairs, corner apartment has a 70 square feet covered deck that faces the parking area and a view of West Maui Mountains.
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Keonekai Villages #13-102
Kihei
$278K (FS) |
Enjoy this remodeled 2 bedroom 1 bath ground floor unit in Keonekai Villages with 2 parking spaces (one is covered). Keonekai Villages is one of the most sought after residential condominium complexes in South Maui for this price point. Enjoy lawns & BBQ areas for outdoor living in this pet friendly complex.
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Keonekai Villages #1-202
Kihei
$280K (FS) |
Bank Owned - Great location near park and entrance to Keonekai Villages. Short distance from Kamaole III Beach, shopping and restaurants of South Kihei and Wailea. Two tandem parking stalls 119/120.
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Kai Makani #U201
Kihei
$519K (FS) |
Bank Owned - Awesome ocean views abound from this second floor, 2 bedroom, 2 bath light filled corner unit. Open kitchen and living room makes this unit great for entertaining. Newer complex in original, clean, condition. Dual paned windows, central A/C and solar water heating are some of the units features. Large patio is perfect for watching the spectacular sunsets that the island has to offer.
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Vacant Land
647 Anapuni Loop
Kaanapali
$429K (FS) |
Short Sale - Here is the opportunity to purchase your piece of paradise under the warm skies of West Maui. Join this special neighborhood of custom homes & enjoy all the amenities the Ka'anapali area has to offer. Lanikeha owners can use the exclusive clubhouse.
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