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Issue 781 February 13, 2018

Aloha Valued Subscriber

In this newsletter:

Short Sales
 New Properties
Price Reductions

Location and Luxury on Keawakapu Beach 
3032 S Kihei
3032 South Kihei Road
$16.75M (FS)

Customer Listing Synopsis


Market Update

January 2018 housing statistics are in and they show continued low inventory and rising home prices. The median Maui home price last month was $710K, a 7.1% increase over the same time last year.  Wailuku showed a particularly large increase in median home prices to $610K, 19.7% higher than the same time last year.    

Inventory showed a 12.9% decline from January 2017 to 525 single family homes listed. There were 656 condos listed last month, a 24% decrease.  The number of new single family home listings last month dropped 16.6% to 131 new listings compared to January of last year.  New condo listings increased 12.2% with 193 new condo listings being listed last month. 

The amount of closed home sales increased 30%, with 86 homes closing in January.  Closed condo sales were also up 27% with 120 condos closed. 96.9% of closed homes received their list price and 97.2% of condos received list price.  

Have a wonderful week!

Ken, Melissa, Greg and Lindsey

P.S. - Happy Valentines Day! Make your reservations now at any one of Maui's many wonderful restaurants as they will get booked up.  Check out Maui's Sweetheart guide with a list of restaurants offering Valentine specials. 

Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)
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Market Watch

510 (313)
230 (51)
1137 (260)
668 (191)
304 (48)
1497 (205)
363 (161)
38 (12)
234 (24)
1541 (665)
572 (111)
2868 (489)
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.

Maui Real Estate Statistics 

Homes Over $1M

3286 kehala
3286 Kehala Drive
Maui Meadows
$1M (FS)
This is a very large home with a permitted detached Ohana in Maui Meadows, Maui. Home features 8 bedrooms, 4 baths, 2 large kitchens, 4 living areas, 6 Lanai's all in the main home with an oversized 2 car carport. Separate driveway, entrance and carport for the 1 bedroom, 1 bath ohana.
33 North Piki
33 North Piki Place

$1.25M (FS)
This elegant 2 story traditional, 3 bed, 3 bath home is perched on a raised lot at the end of a cul-de-sac offering privacy from the street. 

381 Pualoa Nani Place381 Pualoa Nani Place
$1.545M (FS)
Tucked in a cul-de-sac in highly desirable Wailea Pualani Estates, this contemporary 4 bed, 3 bath home features an open floor plan with great flow, abundant natural light, and a seamless indoor/outdoor living experience that embraces the essence of Maui's outdoor lifestyle.

15 lahaole
15 Lahaole Place

$2.3M (FS) 
This superb home has approximately 9,400 sq ft under roof including outdoor living spaces for entertaining. There is 6,320 sq ft of living space on this extraordinary property, including a detached 2 bed, 1 bath Ohana and a separate and detached Mother-in Law unit. From the moment you escape to this incredible luxury home and gasp at the truly breathtaking views, you will fall in love with this magnificent property.

Homes Under $1M

162 kahiko
246 Kahiko Street


$432.6K (FS) 
Bank Owned - Handyman special in popular Paia location close to everything on the North Shore. 

65-B kaulike
65-B Kaulike Place
$465K (FS)
Short Sale - 3 bedroom, 1 bath home close to Wailuku town. 

12 Lokahi
12 Lokahi Place
$688K (FS)
This spacious 5 bed, 2 bath home has been beautifully re-imagined by a team of experts to capture the magic of indoor/outdoor living with ocean and botanical views. 

1680 Makawao
1680 Makawao Avenue

$715.5K (FS) 
Bank Owned - Contemporary home with accessory unit located in Makawao. Gorgeous main home with incredible wood floors, wood beams and other wood features. Main house has 4 beds and 2 baths.  Accessory unit has 1 bedroom and a room upstairs.

497 komo ohio
497 Komo Ohio Street

$725K (FS) 
Large two story family home located in the Ohia at Kehalani Phase II subdivision. This 5 bed, 3.5 bath home offers the master suite on the ground level, upstairs has the additional 4 bedrooms with two full bathrooms and a spacious landing overlooking the living room. 


Vacation Condos Over $1M

Napili Point C-40
Napili Point #C-40
​$1.049M (FS)
This 2 bed, 2 bath ocean front condo has spectacular views of Lanai, Molokai and over looks Honokeana Cove, one of the best snorkeling spots on Maui. Watch turtles from the private lanai or wander a few steps to the cove and swim with the turtles. The condo is tastefully furnished with upscale furniture.

grand champs 2
Grand Champions #72
​$1.05M (FS)
If you are looking for the best views Grand champions has to offer, you just found it. This beautiful 3 bedroom unit has new cabinets and countertops in the kitchen, new cabinet faces in the bathrooms, and beautiful sculpted carpeting in the living room, hall and bedrooms. 
ekahi c
Wailea Ekahi #18E


$1,058,999 (FS) 
Beautiful 1 bed, 2 bath condo with a big ocean view and West Maui Mountain views. The front door is about a two minute walk to one of the finest beaches in Hawaii: Keawakapu Beach. 

wbv m111
Wailea Beach Villas #M111

$2.239M (FS)
This 2 Bed, 2 Bath plus Den (3rd sleeping area) provides partial ocean views from the single level ground-floor villa-unit of the Penthouse Building. This spacious open floorplan with large gourmet kitchen, great room, a versatile den/office with murphy bed, gifting the comfort of a 3rd bedroom.
wailea point 6
Wailea Point #1804

$3.5M (FS) 
Only a short stroll across putting green-type lawn to Wailea's world renowned Polo Beach. Near-oceanfront residence sits 42 feet above the sea. An unbelievably private setting, facing Molokini Island. This 2 bed, 3 bath condo has been remodeled with marble floors, new cabinets, countertops, fixtures, appliances and modern lighting. 

wailea point 602
Wailea Point #602

$3.65M (FS) 
Stunning, direct oceanfront 2 bed, 2 bath residence facing southwest toward Molokini Island, just 75 feet from the shoreline. Lots of sun and protected from the trades. Upstairs unit sits comfortably above the oceanfront path. Magical location amongst Wailea Point's gorgeously maintained gardens. 


Vacation Condos Under $1M

Kihei Resort 308
Kihei Resort #109

$330K (FS) 
This well established complex is on the more Northern side of Kihei, across the street from Kalepolepo Beach. Lush landscape and water features begin to sooth the mind as you walk into your ground floor 1 bed, 1 bath unit. 

  Hale Kamaole 419  
Hale Kamaole #117
$429K (FS)
Wonderful Hale Kamaole ground-floor, 1 bed, 1 bath unit, right across the street from Kamaole II Beach Park.  Perfectly positioned, very close to the beach, but far enough away to avoid road noise. 

kamaole sands 450
Kamaole Sands #5-401

$650K (FS) 
Top floor, penthouse end unit of Building 5 with ocean and Haleakala views.  This 2 bed, 2bath unit sleeps 7 lucky guests, with Queen sofa sleeper, Queen bed and Twin bed in main floor bedroom, and King bed in the Loft bedroom. 

Nohonani 409
Nohonani #401
$789K (FS) 
Watch the whales and sea turtles right from your lanai. This private 2 bed, 2 bath prime top 4th floor location is direct oceanfront, located on a white sandy beach and faces due west with fabulous sunsets and views of the islands of Molokai and Lanai. 


Residential Condos

puuone tower 407
Puuone Towers and Plaza #407

$212.5K (FS)
Bank Owned - Here's a fabulous opportunity to purchase an adorable 2 bed, 1.5 bath condo in a complex approved for VA and USDA. Perfect location, near restaurants, shopping and schools. This building has a secured entry and a pool including a BBQ grill for pool side parties. There is an ocean view from the lanai as well as the west Maui mountains. 

  Iao Parkside 4 
Iao Parkside #31-203
$329K (FS)
Newly remodeled 2 bed, 2 bath conveniently located in the heart of Wailuku. Brand new flooring, brand new Appliances and brand new fixtures.
kihei villages 15-104
Kihei Villages #15-104


$360K (FS) 
This charming 2 bed, 2 bath ground floor Kihei Village unit has been fully remodeled from head to toe. You will find fresh white modern kitchen cabinets with luxurious granite counter tops, pendulum lighting and all new appliances. 

Kihei Shores I201
Kihei Shores #I-201

$375K (FS) 
Bank Owned - Corner unit overlooking all the roof tops with good views of McGregor's Point and ocean. Located within a small six unit building on the South side of the complex with the option of adding a side window with association approval. There are limited opportunities within this complex to purchase a 3 bedroom top floor corner unit.


Vacant Land

189 welau
189 Welau Way

$399K (FS) 
Ocean view Summit lot 12 offers a fabulous building site with sunset views from this quiet cul-de-sac location. This quarter acre lot is of great value for the Buyer wanting to build their dream home. Gated the Summit is located in an excellent neighborhood strategically located above the Kaanapali Resort with great beaches.

30 kamila
30 Kamila Street

$450K (FS)
Beautiful large lot for your dream home. On a good day, you are nestled at the slopes of Haleakala. Raise fruit trees, live off the land with your own vegetable garden.


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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753

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