| Year to date sales of single family homes on Maui are off 5% vs. last year while at the same time the median price has increased by 33%. Here is link to June and YTD Statistics as provided by Realtors® Association of Maui. As we see it, the slowdown can be attributed to two main factors. First, the inventory has shrunk so there are less homes available. Secondly, with the extraordinary rise in prices, some buyers can no longer qualify for the home that they want or need and others are waiting to see if sellers become more motivated and drop their prices. While the number of homes sold has dropped, the number of condos sold has increased by 14% with a 22% rise in the median price as compared with the same period last year (first 6 months). According to David Lereah, NAR's chief economist, there is strong demand from both ends of the housing market. "First-time buyers and baby boomers, the 'bookends' of the housing market, are driving condo sales," he said. "While affordability is a factor for entry level buyers, changing lifestyles are a major reason that condos are a bigger market share today than in years past." Read the entire article, Condo/Co-Op Market Reaches Milestone in Second Quarter. Here is a heads up on two new listings that we hope to put into MLS next week. Southpointe 2 bedroom 1.5 bath condo for $260K will be the lowest priced ground floor condo at this popular North Kihei complex. It is in good condition, has 2 parking stalls and comes with a tenant paying $1000/month until May 2005. The other listing is for a vacant lot directly across the street from Ken's home in Kulamalu, Pukalani's newest community. Although the owner is still thinking about building, he is seriously considering selling. This prime gulch lot has spectacular unobstructable ocean views. It should be priced to sell quickly. If you are interested, please let us know as soon as possible. With interest rates dipping below 6% again and the market slowing, it is a great time to make offers. Let us know how we can be of help. Have a wonderful week. Mahalo Nui Loa,Ken and Greg Smith 
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62 Halelo Street
Kaanapali
$1.188M (FS) |
| This recently remodeled home fronting the Kaanapali South Golf Course is just minutes from all the amenities of the world-renowned Kaanapali Resort. Interior improvements include granite kitchen counters, wood floors and vaulted ceilings. A large plantation-style covered lanai fronts the golf course. Central A/C and a small private pool are an additional plus. | 
74 Haiku Loop,
Haiku
$1,525,000 |
| 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. |
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0 Kanaio-Kalama Park
Ulupalakua
$350K(FS) |
| Peace & serenity w/ unbelievable unobstructable ocean views! Half acre of Hui Land with two farm dwellings being sold strictly in "as Is" condition. Cash Buyers Only or Seller will consider Financing with minimum of 60% down payment. One dwelling currently rented on month to month basis for $1,000. Property is very secluded and private - 4 W.D. Only. Serious buyers will be given a copy of the Co-Tenancy agreement and should review website carefully as well all of the information prior to setting up an appointment to view the property. A very special property for a special person. |  2864 Ualani Place
Pukalani
$549K (FS) | | Perched up off the road, on the 9th tee and the 1st green of the Pukalani Golf Course, this home offers a tranquil setting. The hardwood floors and floor plan of this 3 bedroom/2 bath house are ideal for a family wanting warmth and comfort. The street is a small cul-de-sac and the neighborhood is friendly. Easy to show. Listor is related to Seller. |
1850 Olinda Road
Makawao
$750K (FS) | | Majestic bi-coastal views from serene Olinda property. Smell the eucalyptus from the woods and enjoy the expansive view. This 2.34 acre property has a small cottage, just waiting for a dream house to be built on the wide expanse of gentle slope. | 
35 Hiwalani Loop
Pukalani
$548K (FS) | | Panoramic views to South Kihei Shoreline & Kahoolawe. Newer upstairs- Master bedroom, bath & family room. | 
200 Awalau Road
Haiku
$945K (FS) | | Beautiful custom 3be/2ba home on two gorgeous acres. This architectural built home has all the features that make a home special; a great room with open beam cathedral ceilings, hardwood floors, granite counter tops, gourmet kitchen w/ a large island/bar perfect for entertaining family and friends, a master bedroom with a granite bath and shower. | 
303 Alani Street
Wailuku
$432K (FS) | | Great Investment property. 4 bedrooms/1 bath main house w/an attached ohana of 2 bd /2 bath. This is currently rented as a main house with 2 one bedroom rentals. |
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Residential Condos Under $1M 
Harbor Lights #B-212
Kahului
$155K (FS) | | Affordable condo in Central Maui that includes many amenities. Great starter home or use as an investment property. Newly remodelled kitchen and bathroom as well as carpets, drapes, and paint makes this unit move in ready. | 
Haleakala Gardens #17-F
Kihei
$298K (FS) |
| Pride of ownership shows in this upgraded unit. Unit has new pergo floors and marble kitchen tile and granite counter top with new appliances and a high vaulted ceiling, a loft, and 2 parking stalls. | 
Wailea Fairway Villas #M-201
Wailea
$569K (FS) |
| This is an upstairs end unit with extra windows. It has been upgraded with tile flooring in all rooms and has good ocean views from the living room and master bedroom. |
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Honu Alahele Phase 1 Lot #26
Kihei
$310K (FS) |
| Located in the middle of the subdivision. Zoned for house and cottage or interior ohana and part of a brand new subdivision in North Kihei called Honu Alahele (Pathway of the Turtles). This Subdivision is conveniently located across the street from white sand Sugar Beach, the Kihei Youth Center, and Kenolio Park. This complete community includes a park and landscaping throughout, a fence surrounding the perimeter of the entire development, underground utilities, sidewalks, curbs, gutters, streetlights and much more. |
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