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Aloha ,
Market Update
With inventories for homes and condos down 19% over the last 12 months, and interest rates starting to rise, it is time for Buyers to act quickly.
Although there will be always be good deals in any market, the best buys will be made sooner rather than later. As prices rise, this will induce more Sellers to put their properties on the market, which will have tend to counteract the upward momentum we are currently seeing, especially so in the low end.
Whether you are looking for a new home to move in to, a second home, or vacation property, please allow us to help you find the very best deal to match your needs and suit your budget.
Have a wonderful week.
Mahalo Nui Loa,
The Smith Team
P.S. It is time again for the Maui Film Festival being held this year from June 12 through the 16th.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
Market Watch for June 3rd , 2013
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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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460 (267)
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255 (34)
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963 (137)
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+1
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Condos
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627 (165)
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308 (26)
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1244 (117)
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-27 |
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Land
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365 (99)
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51 (5)
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185 (26)
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+3
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Total
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1452 (531)
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614 (65)
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2392 (280)
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-23
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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
1411 Lower Kula Road
Kula
$1.75M (FS)
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Elegant Lower Kula newly completed executive home. The property is surrounded by pristine undeveloped ranchland pastures. The home features Monier tile roofing, 10' ceilings, dual pane glass, solid mahogany interior doors, cherry cabinetry, commercial kitchen range & fridge, wine room. Situated at 2300 ft, the perfect Kula elevation to enjoy the bi-coastal ocean breezes and views with not-too-hot not-too-cold perfect temperatures year round.
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124 Anapuni Loop
Ka'anapali
$3.25M (FS)
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From spectacular and uncompromising views of the neighbor islands to cool ocean breezes, this very private, brand-new modern home has a style and class that is unparalleled. Situated on a spacious 1-acre Lanikeha estate, everyday living becomes extraordinary with the gourmet kitchen, marriage of exotic woods and state-of-the-art finishes throughout bringing simple island elegance to this single-story retreat.
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4358 W Waiola Street
Wailea
$3.95M (FS)
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Perfectly situated above Wailea's "Old Blue" Championship Golf Course, this luxurious home exemplifies Wailea Resort Living. Spectacular sunset, ocean and outer island views embrace you from the generous great room, gourmet kitchen and master-bedroom and lanais. Includes 2 guest suites, total of 4.5 baths, media room (easily converted to 4th bedroom), office, family room/den and spacious lanais. Gather with friends while preparing meals in your gourmet kitchen featuring SubZero, Wolf & Fisher-Peykal appliances.
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305 Plantation Club Drive
Kapalua
$6.2M (FS)
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Spectacular views from this contemporary residence overlooking the renowned Kapalua Plantation Golf Course and Pailolo Channel out to the island of Molokai. A fabulous home that has 5 bedroom suites, 7 full baths and 2 guest baths, living room and great room, study, gourmet kitchen with Viking appliances, 2 laundry rooms, porte cochere, 3 car garage, luxurious pool and spa. The Seller will consider creative short term financing for buyer.
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Homes Under $1M
823 Makaala Drive
Wailuku
$295K (FS)
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Bank Owned. Priced as a fixer upper, this 3 bedroom, 2 bath single level home needs to be lovingly restored and brought back to its original glory.
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16 Hookano Place
Kula
$534.9K (FS)
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Bank Owned. If you like upcountry living then you’ll love Kula. Considered a rare offering located in a very exclusive neighborhood where homes seldom come up for sale. Having an open and flexible floor plan provides for different living options. The quality of construction and finishes is reflected throughout and include features such as vaulted ceilings, granite countertops, and bamboo floors.
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645 Komo Ohia Street
Wailuku
$546K (FS)
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Like new home in Ohia at Kehalani. Fenced yard with great Haleakala view.
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2860 Ualani Place
Pukalani
$599K (FS)
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Large family home in a great cul de sac on the golf course in Pukalani. House features a huge living area, 10ft ceilings, French doors, A/C, separate laundry room, bonus room and a 264 sq ft lanai with a golf course view and completely fenced yard. This low maintenance stucco home is perfect for entertaining and within 5 minutes to shops, schools and the Pukalani pool.
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19 Haipule Place
Kahului
$719K (FS)
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Nestled on a cul-de-sac within the gated community of The Island at Maui Lani, 19 Haipule Place welcomes you to the energy-efficient modern island home: 34 solar photo-voltaic panels will fuel your Maui lifestyle. Current owners' MECO bills are $18.75/month (net metering fee). Other upgrades include: all new appliances in 2012, new carpeting, custom paint, baseboards, energy efficient GE hybrid elec. water heater, new tiled entry, storage access under staircase, a new Fujitsu split a/c unit for the very spacious master suite, located on the 2nd floor.
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Vacation Condos Over $1M
Ho'olei T-3
Wailea
$2.195M (FS)
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The Ho'olei community is located directly across the street from the Grand Wailea Resort and Spa. Relax with the comfort and ability to "lock and go" while at the same time enjoy the comforts of a condominium designed to feel like a stand alone residence. Villa 24-3 has a very convenient location on the property, located with a very close proximity to the pool and pavilion area. Interior appointments include a private elevator, a gourmet Studio Snaidero kitchen with Wolf and SubZero appliances abundant.
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Whaler #1201
Ka'anapali
$2.95M (FS)
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'The Penthouse #1201' at The Whaler is considered by many to be the finest condominium unit in Ka'anapali. This jewel was designed and built as the developer's family unit. On Maui, in the heart of Ka'anapali beach, golf courses, shopping, and restaurants are all just an elevator ride to the ground floor. Elegantly appointed, 2 bedroom, 2 bath plus den/office beachfront suite is approximately 1845 sq. ft. of luxury living that includes a baby grand piano, fine art, and a smart tasteful design.
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Vacation Condos Under $1M
Lauloa #105
Ma'alaea
$250K (LH-FA)
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If you are looking for a unit to design and decorate with your own style this is the perfect choice, look no more. Custom shower and Ceramic flooring has already been done, unit is in good condition with original cabinets. Spacious 2 bedroom unit, ground floor EZ access, perfect for carrying that surfboard in and out.
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Hono Kai B-6
Ma'alaea
$375K (FS)
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As you enter, you will instantly notice the panoramic ocean views and extremely close proximity to the water. Fall asleep to the magnificent ocean and mountain vistas and sounds of waves. Wonderful one bedroom 1 bath open floor plan that can be used as a main residence, second home, or vacation rental investment.
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Hale Kamaole #146
Kihei
$550K (FS)
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Arguably one of the best locations in Hale Kamaole. Set behind the upper pool with a great ocean view from the lanai, this wonderful ground floor, unique, contemporary, 6 figure remodel is second to none.
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Residential Condos
Kihei Shores D-110
Kihei
$299K (FS)
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This 2 bedroom / 2 bath ground floor unit is located in the best location at Kihei Shores. There are no neighbors above or below this unit. With only one adjoining condo next door, this end unit has wonderful privacy with a nice grassy area behind. Unit has been updated with laminate floors and tile in the kitchen and baths.
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Kai Makani 18-203
Kihei
$425K (FS)
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Kai Makani Beach Villas is located in sunny North Kihei directly across the street from one of the longest beaches on Maui, perfect for long walks, snorkeling, sunsets, watching seasonal whales, and is an excellent place to windsurf! This newer low-density condominium complex is comprised of 22 two-story buildings with high quality construction.
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Hokulani Golf Villas #49
Kihei
$876.6K (FS)
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Where can you find a one level home that opens up to the large expansive green of the Elleair golf course with stunning West Maui Mts. as a backdrop…at Hokulani Golf Villas Phase II! Surrounded by the beautiful Elleair Golf Course. This gated community offers the best of both worlds, single-family residential homes with the carefree ease of a condominium lifestyle. Perfect for that second home or year round living as some owners have made it.
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Kapalua Ironwoods #82
Kapalua
$2.499M (FS)
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This spacious two bedroom, den/study, and three bath condominium offers single level living and no stairs to the entry of this ground floor location. Finishes include French limestone, travertine, rich hickory flooring, marble, and glass tile materials with Sub-Zero, Bosch, and Viking appliances and exquisite decorator furnishings. Ironwoods owners enjoy a beautiful pool, Jacuzzi, tennis courts, and workout facility. This private, gated community overlooks the sandy beach and beauty of Oneloa Bay.
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Vacant Land
47249 Hana Highway
Hana
$135K (FS)
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Bank Owned. This vacant lot is located East of Hana Town on Hana Highway in the Puuiki general neighborhood. Property is level to gentle slope.
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