| The real estate news continues to be mixed and as you can see from our Market Watch data below, inventories climbed again this last week after a brief slowing in the previous two weeks. On the bright side, sales of existing homes edged up in March following a strong rebound in February, according to the National Association of Realtors(R). On the other side of the coin, the number of properties in foreclosure nationally is up sharply from last year.Wailea Beach Villas #508 was listed last week for $5.5 million and quickly went in to escrow. This 3 bedroom 3 bath luxury condo with 2893 sq. ft. of living area (largest floor plan in the Penthouse) has extraordinary views. Just below #508 is #408 which is the identical floor plan and has similar views. With an asking price of $5.3 Million, it is almost assuredly going to be sold very soon. Please let us know right away if you are interested in this project or this particular unit and we will be glad to send you more information as well as a complete list of what is currently available. Wailea Beach Villas is one of the finest luxury condo projects on Maui. Have a wonderful week. Mahalo Nui Loa, Greg, Ken, and Josh Smith  * Archive of all previously published Newsletters. |
Market Watch for April 30, 2006 | Active | Pending | Sold | Change | Homes | 751 (366) | 190 (64) | 1280 (259) | +9 | Condos | 1007 (177) | 153 (29) | 1919 (211) | +21 | Land | 360 (168) | 74 (29) | 436 (94) | +8 | Total | 2118 (711) | 417 (124) | 3635 (564) | +38 |
1. The numbers in parentheses reflect the number of listings over $1 Million. 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. |
 61 Hakalani Place Wailuku $669.5K (FS) |
| Brand new desirable single story home in the Maunaleo Subdivision of Kehalani, including Granite countertops, tile, carpeting and more. Home comes with a one year developer warranty. |  186 Kawailani Circle Kihei $685K (FS) |
| 3 bedroom, 2.5 bath, 1616 square foot, two story, Kihei home with tropical trees, waterfall pond, all fenced yard backing up to Waipuilani gulch. |  160 Hoauna Place Wailuku $709K (FS) |
| Seller is motivated. Home completely remodeled from top to bottom. Gorgeous ocean views and large corner lot. Over $100,000 price reduction |
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 16 Hoohale Street Kihei $1.095M (FS) |
| New landscaping makes this two story Kilohana Ridge home your tropical paradise. Steps away from Maui's white sand Keawakapu Beach. |  111 Hoohale Street Kihei $1.099M (FS) |
| 3 bedroom, 3 bath, 1835 square foot Kilohana Ridge Home sitting on an 8027 square foot lot located on the outskirts of Kihei near Wailea. |  3442 Malina Place Kihei $1.995M (FS) |
| Beautiful and spacious Maui Meadows home sitting on a 36,067 square foot lot with an attached Ohana and majestic ocean and mountain views. |  0000 Old Stable Road Spreckelsville $5.2M (FS) |
| A rare opportunity to own 2 beachfront homes on Maui's north shore. Behind the beautiful copper and hardwood entry gate both homes are within a lush 3/4 acre tropical garden. A vibrant inner reef protects the 150 feet of pristine sapphire beachfront and clear emerald waters for swimming and diving. |
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 Kalama Terrace #P-307 Kihei $312K (FS) |
| Fully furnished remodeled 1 bedroom unit w/garden & West Maui Mountain views. Beautifully upgraded w/ designer island style decor, appliances and flooring. Quiet complex w/ pool and BBQ, close to Kamaole Beach Park and other amenities. |  Lahaina Shores #308 Lahaina $422.5K (FS) |
| Highly upgraded Lahaina Shores unit with all new appliances, granite countertops, new electrical, plumbing and electronics. Completely designed and furnished by Moore Interiors. |  Hale Pau Hana #16 Kihei $969K (FS) |
| Direct Kamaole II beachfront unit with strong rental history. Enjoy views from Makena to Molokini, to Kahoolawe, to the West Maui Mountains from this outstanding South Kihei condo.Note: Just fell out of escrow. Screaming DEAL. Last sale of a similar unit was #17 that closed for $1.05 Million in March 2006. |
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 Kihei Villages #13-101 Kihei $295K (FS) |
| 1st floor 2 bedroom, 1.5 bath, 750 square foot condo in North Kihei. Lowest priced in complex. Bring all offers. |  Kalama Gardens #2 Kihei $299K (FS) |
| 2 bedroom, 1.5 bath 936 square foot South Kihei townhouse with 140 square foot enclosed lanai. A couple minute walk to Charlie Young Beach. |  Haleakala Gardens #4A Kihei $410K (FS) |
| Beautiful spacious 3 bedroom, 2 bath garden unit with many upgrades. |  Villas at Kenolio #7D Kihei $495K (FS) |
| One of the newer condominium communities on the South Side with recreational center complete with an enlarged pool, spa, barbecue and picnic areas, kids play area and an enclosed exercise facility. 3 bedroom, 2 bath on the first floor. A/C, fans, upgraded appliances, tile flooring, and more. |
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 34 Loli'i Place Kaanapali $849K (FS) |
| Well desired cul-de-sac single family home parcel with over 25,600 sq. ft of land to build your dream home within the new premiere subdivision, Lanikeha. Potential views include Molokai, Lanai, ocean and the glittering lights of the Kaanapali Resort. Go to www.lanikehamaui.com to review more information on this incredible new development. |
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