| Well, it never hurts to have free publicity and that is just what we got when Associated Press ran a feature on the Maui Real Estate market. Headline read "Median Single-Family Resale Price $620,000". The article further goes on to state that the median price was up 66.4% over May 2003. As we have so often stated, you have to be very careful with statistics because you can make almost any argument you want depending on what statistics you choose and how you use them. More important than the median price, in our opinion, is looking at the number of listings and days on the market. If the inventories are low relative to sales and the Days on Market for sold listings is also low, then you have a market that favors Sellers and the likelihood is that prices at the very least will remain stable and may likely increase. Such is the situation we are presently facing; however, it appears to me that this bias favoring Sellers is slowly changing. Please read article written by Steve Kerch of CBSMarketWatch.com and provided courtesy of Jacob Hoag of City Bank titled, "Home Prices Cool But Not By Much".Lastly, we would encourage you to review the data provided by our MLS which compares sales in May, with previous month and last year as well as gives information on Year to Date sales and days on market for all categories.After your thorough analysis of all of the data, please let us know what the real estate market on Maui is going to do over the next 12 months. Just kidding. We realise that neither you nor anyone else for that matter has a crystal ball, but we still feel it is best to base your decisions on having as much information as possible rather than reacting blindly. Have a wonderful week. Mahalo Nui Loa, The Smith Team (Greg, Ken, & Dawn)   P.S. Summer is just around the corner and we know that many of you will be visiting the Islands soon. Please give us a heads up at least a week before you arrive so that we can get prepared to help you find the property you've been looking for. |
0 Ulumalu Road
Haiku
$1.15M (FS) |
| This single level 3 bd., 3 ba. home plus studio on 5.3 acres shows off well with bamboo floors, koa & mahogany cabinetry, granite counters, travertine in the master bath, a sunroom, library and fireplace and wet bar. The covered lanais are tiled as well. There's a fabulous workshop which houses the studio and also an unpermitted potting barn. Included in the sale are approved plans for an additional 1000 s.f. ohana plus attached garage/farm office. Set amidst beautifully planted palms, ferns, and ti, this land is a nursery man's delight. | 
74 Hakui Loop
Kaanapali
$1.79M (FS) |
| With over 3,500 square feet of interior living space, this beautiful 4 bedroom, 3 bath executive home has spectacular ocean views from the living room and the upstairs master suite. 10 foot ceilings accentuate the wonderful architectural design of this home. Entertaining has never been easier by utilizing the spacious floor plan and large poolside lanai. | 
3858 Waakaula Street
Wailea
$3.95M (FS) | | A stunning residence combines traditional Hawaiian design elements with contemporary comforts. The result is an elegant tribute to island architecture, art and lifestyle. The upper floor plan separates the bedroom wing from the main living areas with an adjoining courtyard, foyer and lanai. Beyond the lanai, grassy knolls and tropical foliage surround the home. The home site was selected for its blend of privacy and openness. Lava walls and lush landscaping shield the interior from public view, while the lanais and pool area face the ocean without obstruction. Plantation shutter doors open the entertainment wing to reveal a commanding view overlooking the swimming pool and the 15th green of the Wailea Blue Golf Course. | 
541 Melemele Street
Wailuku
$1.15M (FS) |
| The Million-Dollar view you've been waiting for is finally on the market. Spacious, open floor plan with views from nearly every room. Sellers would prefer to sell the home with the fabulous inventory, which includes koa furnishings. Home has been well-maintained and is immaculate. Over-sized 3-car garage, irrigation system for low-maintenance yard, lots of storage and too many other features to list. Lower level has a bedroom, full bath and basically 2 Family rooms. |
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327 Ku'ualoha Street
Kahului
$520K | | This nice 4 bedroom, 3 bath home is located in the Greens of the Master Planned community of Maui Lani and is conveniently located close to schools, parks, shopping and the hospital. Enjoy evening barbeques in your fully enclosed back yard that is pleasantly landscaped, complete with fruit trees and sprinkler system. The private lanai off the master bedroom support city lights by night and Haleakala and ocean views by day. This home is priced to sell. Do not wait or you will miss out on this incredible deal. | 
296 Liliuokalani Street
Pukalani
$759K (FS) |
| Fabulous 2 story 4 bd. 3 ba. home PLUS attached studio located on the 16th tee of the Pukalani Golf Course. Beautiful panoramic ocean views. This home boasts bamboo floors, custom kitchen with cherry cabinetry and granite counters. There are wood blinds throughout, and 3 A/C units. The yard is planted for beauty, privacy and edible delights. Lush, mature landscaping includes tall palms & a beautiful banyan tree. |
918 Malulani Street
Kihei
$565K (FS) |
| Simply one of the best. Pride of ownership shows throughout this well maintained home. Freshly carpeted and located in a quiet corner of Piilani Village I, this is a jewel. Featuring the comfort of 4 Zone air conditioning, spacious yard, ample storage and a large garage. |
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Vacant Land Over $1 Million 
0 Honopou Road
Haiku
$2.02 M (FS) |
| Travel the path less traveled to seclusion and natural beauty. Over 400 ft. of oceanfront. Watch whales swim and frolic past your front door. All useable land with flat and gentle sloping contours. All of this within 35 min. of Kahului airport. The perfect place for that one of a kind estate. Can be purchased separately or along with the adjoining 17 acre parcel to own 27 acres of Maui's Magnificent Honopou Point. | 
0 Kauhikoa Road
Haiku
$2M (FS) |
| Owner’s have Preliminary Subdivision approval for a 3 lot subdivision. Sizes are 2, 2 and 9 acres. May be possible to subdivide the 9 acres into another 3 lot subdivision. Check with the County of Maui. Owners are on the priority list (#447) for an additional 2 water meters. Currently there is only one meter on the property. Lovely mauka and makai views from this property. Property has potential to be subdivided into 6 lots.
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Vacation Condos Under $500K 
Polynesian Shores #114
Honokowai
$488K (FS) | | Fabulous location overlooking the pool, beautiful ocean, island and sunset views. Relax in your living room and watch the whales swim by. Upgraded kitchen and updated interior makes for a more "open" feel. |
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