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| Issue 348 | November, 3rd, 2009 |
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| Aloha ,
In this newsletter:
REO Properties
Short Sales |
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Market Update As expected and hoped for, the First Time Home Buyer Credit has been extended until April 1, 2010. Although our temperament has been and still is cautiously optimistic; we are starting to see very positive signs in the Maui real estate market that are leading us to be more bullish about the future. As a reminder, we have lots of great tools available to help you search the Maui MLS. You can customize your own search, and save it so that you are automatically notified of any new listings matching your criteria. Try it. We know you will like this feature. Also, in addition to South Maui condos, most West Maui condos now have active links to site maps, virtual tours, comparable sales data, floor plans, etc. This is another great tool that we are happy to make available to all of our subscribers at no charge. We appreciate your referrals, and look forward to helping you with your next real estate transaction on Maui. Have a wonderful week.
Mahalo Nui Loa,
The Smith Team
P.S. Are you contemplating buying or selling property outside of Maui? Coldwell Banker is the leading real estate company in the world with the best resources in the industry. Please allow us to refer you to an experienced and knowledgeable professional to help you.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for November 2nd, 2009
| Active | Pending | Sold | Change | |
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| Homes | 899 (370) | 197 (31) | 638 (83) | +8 |
| Condos | 1404 (243) | 151 (11) | 740 (145) | -24 |
| Land | 564 (171) | 42 (11) | 88 (30) | -9 |
| Total | 2867 (784) | 390 (53) | 1466 (258) | -25 |
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1. The numbers in parentheses reflect the number of listings over $1M |
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Exceptional Upcountry estate on 4 pastoral acres with amazing panoramic ocean and mountain views. Beautiful custom home with versatile floor plan offers 6 bedrooms, 4 baths including two master suites. Separate ohana, too. Lot of house for the money. |
 195 Eleu Place Kihei $451K (FS) |
Short Sale. 3 bd. 3 bath 2 story home with mountain and ocean views. Plenty of room for a cottage on this 1/2 acre lot.
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Property is being sold to settle estate of deceased owner. Remodeled early 2009. |
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Short Sale. This enormous contemporary styled family home spans over 4,000 sq. ft. and provides many excellent options for extended families needing multiple/flexible living choices. |
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Bank Owned. Brand new custom 3 bedroom / 3 bath home located by the golf course with nice ocean views in the gated community of Sandhill Estates. The floor plan consists of an open kitchen and living room upstairs that lead to the large wrap around deck with ocean and golf course views. Make offer! |
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Don’t miss this great opportunity to get into an established neighborhood in Ka’anapali. A residential golf course community in a desirable central location. |
Ho'olei P-3
Wailea $2.15M (FS) |
Positioned directly across from the Four Seasons and Grand Wailea Hotel Resort and Spa, Ho'olei truly represents the best Wailea has to offer! This brand new condominium development consists of 120 voluminous two-story town homes that feature top of the line construction, outstanding services, and all of the World Class amenities of the Grand Wailea Resort and Spa. |
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Short Sale. You will love the views in this great vacation rental 1 bedroom, 1 bathroom condominium. Tile floors throughout and the central air conditioning give this unit a cool feel. |
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 Lahaina Roads #208 Lahiana $383.7K (FS) |
Bank Owned. This is the opportunity many people only dream of. An affordable, oceanfront condo on Maui in need of very little TLC. Ready for the taking.
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 Kapalua Golf Villas 14V2 Kapalua $399K (FS) |
Located right on the 10th fairway of the Bay Course. Completely refurbished. Just reduced by $100K. This one won't last long.
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 Honua Kai #1022 Ka'anapali $895K (FS) |
Relax as you enjoy the views from this brand new luxury 2 bdr. condo at Honua Kai. Asking price is $100K below seller's purchase price, and they are motivated. Outstanding deal!
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 Haleakala Gardens 8A Kihei $199.9K (FS) |
Bank Owned. Ground floor 3 bd. 2 bath condo located in back of complex. |
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 Hale Kanani 1-102 Kihei $310.5K (FS) |
Bank Owned ground floor condo directly across the street from Ocean. Private lanai with ocean views, open floor plan. |
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 Hawealani #202 Kihei $550K (FS) |
Beautifully well appointed 3 bd. 2 bath located on the top floor. Nice open floor plan leads to ocean views from the lanai. Features include high 10 ft. ceilings, crown molding, granite counters in kitchen and master bath, maple kitchen cabinets, plantation shutters throughout, wood and tile flooring, and a split A/C system. A short 2 minute walk to Charley Young Beach is a real bonus for this property. |
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