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Aloha ,
Market Update
2015 Statistics show that nationally sales increased 7.7% above 2014 stats. This increase is consistent with Maui's sales numbers where total dollar volume increased in residential (13%), condominium (1%) and vacant land (15%) sales.
47% of Maui sales were condos, compared to 42% single family homes and 6% vacant land. Condo sales were split up almost evenly between South and West Maui, with 48% of sales in South Maui followed by 45% in West Maui.
Some growth is anticipated for 2016 but it will be difficult to replicate last year's 7% increase due to falling inventories and rising mortgage rates. By the end of December the total national housing inventory was at a 3.9 month supply, 3.8% lower than 2014's supply.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The Maui Humane Society will be expanding with a grant they recently received from PetSmart charities. The grant will allow them to continue to strive toward their goal to end Maui's pet overpopulation with their low-cost spay and neuter clinics.
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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586 (340)
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240 (33)
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1107 (184)
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+2 |
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Condos
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872 (212)
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209 (21)
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1196 (162)
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+10
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Land
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347 (115)
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39 (6)
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152 (24)
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+1 |
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Total
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1805 (667)
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488 (60)
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2455 (370)
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+36 |
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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
3077 Baldwin Avenue
Makawao
$3.8M (FS) |
Experience the timeless of a Plantation Estate. Designed by renowned architect, Charles W. Dickey, the home was built in 1938 and has had only two owners. Expansive, beautifully manicured property with a lovely water lily pond, fruit trees, flowering shrubs, herb gardens, and a spectacular Banyan tree.
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4345 Melianani Place
Wailea
$6.49M (FS) |
At the pinnacle of Wailea Highlands, “Hale Mahina Huna” a spectacular custom residence with commanding ocean views-- welcomes you to Maui’s relaxed island lifestyle at its best. Specifically created for Wailea’s indoor/outdoor living, this architecturally-designed residence has sweeping ocean views.
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 49 Hale Malia Place
Napili
$12.8M (FS) |
When you dream of Paradise, 49 Hale Malia Place comes to mind. One of the finest ocean front estates in all of Hawaii is available for purchase and enjoyment! Perfectly nestled on a pristine and private portion of the Kahana coastline known as Keoni Nui Bay, this oceanfront estate offers breathtaking southwest sunset, ocean and coastline views.
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Homes Under $1M
551 Liholiho Street
Wailuku
$450K (FS) |
Welcome to Liholiho Street, close to everything a owner could ever want. Walking distance to City parks, dog parks, Baldwin stadium for sporting events, county fair, exercise, close to Kahului harbor for fresh fish, hospitals, spanning dining venues, shopping malls, theaters, surfing and food markets.
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 47 Moolu Street
Wailuku
$699K (FS) |
Brand new custom home in Waiolani Mauka completed in March 2015. Meticulous and in pristine condition, this thoughtfully designed 3 bedroom and 3 bath home is spacious at over 1800 squ foot and resides on a incredibly maintained finished landscaped lot of over 9400 squ feet.
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273 Kamalei Circle
Kahului
$755K (FS) |
Exquisite home in the gated community of the Islands at Maui Lani. 2 bdr, 2.5bath Ultra Custom home offers impeccable upgrades throughout. This home features an open floor plan that is wonderful for entertaining, high ceilings, marble flooring, custom cabinetry, arched entries, deluxe appliances and a master suite to fall in love with.
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521 Kolohala Drive
Kula
$995K (FS) |
Designed by renowned architect, Warren Sunnland, this stunning Kula home AND ohana deliver! Unobstructed Haleakala, North and South shore as well as Five Island views! Accessible flat roof with totally unobstructed 360 degree "forever views" and mature landscaping including.
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Vacation Condos Over $1M
Royal Mauian #410
Kihei
$1,324,900 (FS) |
This beautifully remodeled 2bdrm, 2bath unit is in the most demanded center-location in the building and is the first unit to come on the market in this most asked for location in years. Year-round sunsets, whales frolicking, snorkelers, paddleboarders, and cruise ships fill the view as you gaze upon the azure blue waters.
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Wailea Point #2004
Wailea
$2.55M (FS) |
Gorgeous, quality residence. Beautiful ocean views toward West Maui. Remodeled interior has modern, open kitchen and added loft with office / sleeping area, modern lighting, custom flooring and much more. Very private unit – a must see. Wailea Point has gated entry & 24-hour roving security; two elaborate pool pavilion areas with a 25-meter lap pool.
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Sugar Cove #3B
Paia
$3.195M (FS) |
Located within the secluded enclave of Sugar Cove, this 3-bedroom, 3.5 bath townhouse sits front and center on four acres of landscaped beachfront property. The 2-story residence has a completely remodeled and redesigned interior featuring hardwood floors, mosaic tiles, custom cabinets and many unique amenities.
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Vacation Condos Under $1M
Island Surf #505
Kihei
$380K (FS) |
Popular and desirable Island Surf 1 bedroom, 1 bath being sold turnkey! Ocean views, easy walks to restaurants, grocery market and of course if you're a surfer or paddle boarder it's the most ideal location! Make this your Maui get away home and/or vacation rental!
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Aina Nalu #K203
Lahaina
$410K (FS) |
Have you always wanted a 2nd home or vacation rental property on Maui, but thought you couldn't afford it. Aina Nalu K203, may be exactly what you've been dreaming of. Aina Nalu is one of the best values on Maui and K203 is a special unit at this resort. Aina Nalu is a boutique resort in the heart of Lahaina, one of the most sought after locations on Maui.
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Kaanapali Shores #707
Kaanapal
$595K (FS) |
Kaanapali Shores 707. Terrific opportunity to own a courtyard ocean view unit within this beautiful beachfront property. Unit has been updated and in the front desk vacation rental program. This resort boasts many onsite amenities, such as 24 hour front desk operation, full service restaurant, 2 swimming pools and Jacuzzi's, tennis courts, activity desk, workout gym, sundry store, gift shop, and a beauty salon.
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Kaanapali Shores #527
Kaanapali
$668K (FS) |
Kaanapali Shores 527. Great location within this beachfront property. Unit has been upgraded and complies with the ASTON Rental Program. Excellent rental history and this resort boasts many on-site amenities, such as 24 hours front desk operation, full service restaurant, 2 swimming pools and Jacuzzis, tennis courts, activity desk, workout gym, sundry store, gift shops, and a beauty salon.
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Kapalua Ridge #1623
Kapalua
$760K (FS) |
Rarely available, this is a highly desirable townhouse floor plan. Perched overlooking the blue waters of the Pacific Ocean, the location also has sweeping views of the Plantation Course and the Kapalua Resort. Downstairs is a spacious lanai, the living room, kitchen, and bathroom, while upstairs is a private lanai, bedroom, laundry and master bath.
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Wailea Ekolu #312
Wailea
$785K (FS) |
You can’t beat the panoramic ocean views from this beautifully remodeled front row unit at Wailea Ekolu. Located on the fairway of the famed Wailea Blue Course, the views are never-ending of the sparkling blue Pacific, Molokini, Kahoolawe, Lanai and the West Maui Mountains. Enjoy brilliant sunsets and afternoon breezes from the large lanai.
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Residential Condos
Southpointe at Waiakoa #30-106
Kihei
$320K (FS) |
This unit was completely remodeled in 2013! Some of the updates include: Solid wood cabinets, granite counter tops, stainless steel appliances, custom tile walk-in shower, lighting fixtures, recess lighting and switches, new door handles, new tile floors, etc. This Complex is within walking distance of the Beach.
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Hoolea Terrace at Kehalani #906
Wailuku
$325K (FS) |
Set in breathtaking Kehalani on the slopes of the West Maui Mountains. Ho'ole'a Terrace offers newer, centrally located condos with mountain and ocean views. This is a bright and airy upstairs unit with 9 foot ceilings, Kenmore kitchen appliances, and an interior laundry closet. Included are 2 assigned parking stalls, 117 and 118 with other guest stalls located conveniently nearby.
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Opukea at Lahaina #A102
Lahaina
$491,145 (FS) |
This lovely 2 bed/ 2 bath is our actual Sales office - by DR Horton- Schuler Homes. Located in the heart of Lahaina, Maui! Walking distance to shopping, beaches, and dining.
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Makalii at Wailea #8A
Wailea
$1.035M (FS) |
A singular residential community of just 68 townhomes, these Wailea Resort hillside homes connect you to living in harmony with the land, surrounded and embraced by nature. With its exceptional hilltop location across from the Fairmont Kea Lani Resort, Makali‘i enjoys stunning, unobstructed ocean views.
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Makalii at Wailea #16C
Wailea
$2.35M (FS) |
The Residents Club, perched high above the entry to Makali‘i, will have dramatic views of the ocean with Molokini as its centerpiece. Here, a well-appointed barbecue area and pavilion offer a perfect venue for gatherings, while an exercise room, terrace and infinity pool are ideal for staying fit or simply relaxing.
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Vacant Land
32 Akumu Way
Wailuku
$235K (FS) |
Rural living only 10 minutes to town! Build your custom home on the last building site of the subdivision. You will be awestruck with the beautiful views of Kahului Harbor, Haleakala, West Maui Mountains, Waihee Valley, and Hakuhee Point. This lot is situated above conservation land that borders the ocean.
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647 Anapuni Loop
Kaanapali
$419K (FS) |
Lot # 7. 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 which happens to be located just down the street from this property.
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