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Aloha ,
In this newsletter:
Short Sales
Homes
Condos
Land
New Properties (0)
Price Reductions (0)
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Island Style Plantation Home
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Market Update
A brief analysis of Maui's current home inventory shows that there are 155 active homes over $2 million or "luxury homes" on the market. In the past year, 54 luxury homes have been sold determining that we have approximately a 3 years inventory of homes for sale. This 3 year inventory shows sluggish movement in the luxury market.
The mid-range market or houses priced between $500K and $1M show a 7 month inventory with 242 active homes for sale and 430 homes sold in the past year. A 7 month inventory shows the mid range marlet remains quite strong.
A 7 month inventory is a good balance between the number of buyers and sellers. Whereas markets with small inventories such as San Fransisco are heavily weighted towards Sellers.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The Maui Invasive Species Committee is fighting to keep our island free of a devastating pest, little fire ants. These orange native South American ants have a painful sting which can blind animals, kill off native species and harm our agricultural land. If you see one, report it immediately to to the Maui Invasive Species Committee.
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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606 (300)
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215 (35)
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958 (172)
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+13
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Condos
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920 (232)
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223 (38)
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1201 (159)
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-1
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Land
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367 (135)
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39 (7)
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168 (26)
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-4 |
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Total
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1893 (667)
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477 (80)
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2327 (357)
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+8
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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
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18 Hulumanu Place
Kahakuloa
$1.259M (FS) |
Bank Owned - Picture yourself sitting on your slate covered lanai overlooking the beautiful Pacific Ocean. Majestic views of Haleakala and the central valley await. Over 3800 sf of well designed space is waiting for your own design consideration.
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196 Hakui Place
Kaanapali
$1.690M (FS) |
A Kaanapali Hillside Home with a real view! A full view from the Kitchen, Living Room and Master Bedroom. Wake up each morning with a full Ocean view all the way to the Island of Lana’i! Sunsets all year long from this beautiful Hillside home that has just completed a full renovation.
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441 Ilikahi Street
Lahaina
$1.995M (FS) |
Located just 1 block from Front Street and the beautiful ocean, lovely lush landscaping surrounds the private dwelling on its large 19,000 square foot lot. The colorful gardens encircling the home include 5 kinds of palms, plumeria, ginger, ti plants, noni, gardenia, hibiscus and bouganvillea.
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1216 Calasa Road
Kula
$2.250M (FS) |
This sprawling 25.4 acre ranch offers 180 degree ocean views that include exceptional views of the west Maui mountains, Haleakala, and the Pacific Ocean. This equestrian property can be kept as is or converted to fit your needs.
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Homes Under $1M
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9 Emoloa Place
Wailuku
$640K (FS)
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Well-maintained 4 bedroom, 2.5 bath home is spacious, with an open floor plan and 3 beds upstairs, so it's ideal for a growing family. Master Suite on the ground floor is spacious, with open views of the exterior through wide glass sliding doors.
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29 Kapalaia Place
Wailuku
$649K (FS) |
Meticulously cared for 3-bedroom, 2.5-bath home in a great Wailuku neighborhood.This home boasts a variety of enhancements including a manicured tropical landscape, automated irrigation system, fenced yard and your own private hot tub to relax in.
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1238 Kilou Loop
Wailuku
$799K (FS)
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One of the largest lots in the subdivision and one of the largest homes at approx. 4600 (including the ohana). Yard is completely fenced and perfect for kids, pets and gardening. 4 bedrooms, 5 baths, large living room/family room areas on upper and lower levels of the home.
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206 Hololani Street
Pukalani
$845K (FS) |
Brand new, never been lived in home overlooking the 12th fairway of the Pukalani Golf Course. This is a beautifully appointed, single-level home with plaster walls, bamboo floors, granite countertops, stainless steel appliances, gorgeous bathrooms and solar hot water.
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Vacation Condos Over $1M
Honua Kai-Konea #342
Kaanapali
$1.325M (FS) |
The Konea Building in the Honua Kai Beach Resort is known for it's more 'low key' living, and Apartment 342 is a great example. This 2 bedroom, 2 bath condo is on the quiet North Side of the complex and close to the stairs (rather than taking the elevator) you can be on the beach in about 3 minutes!
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Wailea Beach Villas #PH310
Wailea
$3.195M (FS) |
Upon entering this elegant 2 bedroom, 2 bath penthouse, you immediately take in the stunning ocean & mountain vistas that include Molokini. With a dedicated elevator entry key, you are assured full privacy & security. The spectacular penthouse residence includes stylish, luxurious & soothing contemporary furnishings.
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Hoolei #E4 (99-4)
Wailea
$3.295M (FS) |
Special properties like Ho'olei Villa 99-4 rarely become available. This iconic home is situated on the very top of the last resort-zoned development in Wailea, Ho'olei at Grand Wailea Resort. The view is spectacular with panoramic ocean vistas looking out towards the Molokini crater and Lanai.
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Vacation Condos Under $1M
Aina Nalu #E202
Lahaina
$385K (FS) |
E202 is unique at Aina Nalu, the jewel in the heart of Lahaina. At this special boutique condominium resort located within walking distance to everything in Lahaina, there is only a single 2 bedroom condominium at the prime upstairs front location of the property with an over-sized front lanai and a cute bistro back lanai.
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Kamaole Sands #5-102
Kihei
$459K (FS) |
Fabulous ground floor unit located on the inner courtyard. The beautiful lawn area off the lanai has a private and peaceful feeling. Conveniently located to the pool.
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Maui Kamaole #K-206
Kihei
$639K (FS) |
This is a desired upstairs unit in a very tropical and quiet location, yet only steps away from the beautiful upper pool at Maui Kamaole. With this end unit, come 3 additional large windows for viewing the lush surroundings.
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Kapalua Golf Villas #24T3-4
Kapalua
$750K (FS) |
Welcome to your Designers Exquisite Ocean view Home. This highly upgraded villa has one of the best panoramic views in all of Maui. Home boasts an enormous Luxury Master Suite with beautiful views of the Pacific Ocean.
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Residential Condos
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Villas at Kenolio #1E
Kihei
$375K (FS)
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Nice Upstairs Villas at Kenolio, 3 bedroom, 2 bath unit with vaulted ceilings. Unit 1E has plenty of space for Maui living and is walking distance to miles of sandy beach.
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Kai Makani #22-201
Kihei
$420K (FS) |
Enjoy resort like living at Kai Makani Beach Villas, the newest condo complex in North Kihei. Kai Makani is a low density complex with large gardens and across the street from a windsurfing beach. This 2 Bed, 2Bath end unit has a view of Haleakala and overlooks a large grassy area.
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Wailea Fairway Villas #Y-201
Wailea
$689K (FS) |
Remodeled Wailea Fairway Villas Top Floor Unit with Views!” - This highly sought after 2bd / 2ba corner unit was just tastefully remodeled in 2014 with luxurious features. Beautifully appointed in one of Wailea's premier locations.
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Vacant Land
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148 Hanalani Street
Pukalani
$275K (FS) |
One of the few vacant half acre lots available in Pukalani. Comes with a water meter. This lot has a nice gentle slope, and is conveniently located to shopping and recreation.
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0 Hookili Road
Haiku
$420K (FS) |
Exceptional value for an ocean view 2 acre lot in a brand new subdivision, Peahi Hui in Haiku. This lot comes with a county water meter and underground utilities.
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