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Aloha ,
In this newsletter:
Short Sales
Homes
Condos
Land
New Properties (0)
Price Reductions (0)
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Private Golf Estate
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Market Update
Maui Real Estate prices continue to climb in 2014. In Summary of 2014 the prices of both single family homes and condos both rose in 2014 by 8% and 11% respectively. However the number of sales fell by 4% for Homes and 10% condos.
At $570,000 the median sales price for a single family was the highest it's been in 5 years, up 8% from 2013. While sales prices rise the number of short sales and foreclosures decreases. This reduced number of distressed sales reflects a a healthier real estate market, still healing from the recession of past years.
Central Maui had the most sales of single family homes in 2014, followed by Kihei and then the Kula-Ulupalakua-Kanaio district. The median price of homes in the highest sales volume region of central Maui rose 7% to $445,000.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - Millennials, classified as people 16-34 years old are the largest generational cohort in U.S. history. Even larger than the baby boomers! Today they comprise 35% of the working class.
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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580 (288)
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196 (36)
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944 (174)
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+8
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Condos
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894 (242)
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175 (21)
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1186(160)
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+11
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Land
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372 (133)
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31 (3)
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166 (26)
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-3 |
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Total
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1846 (663)
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402 (60)
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2296 (360)
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+16
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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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444 Hoolawa Raod
Haiku
$1.499M (FS) |
Every so often a truly exceptional property becomes available. Solar powered with a deep well private water system; this home offers an authentic sustainable lifestyle in an environmentally conscious community on Maui’s North Shore with all the modern conveniences.
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6776 Hana Highway
Hana
$2.275M (FS) |
“Malanai” is an exciting collection of four legal buildings on 1.87 acres located in the premiere district of Maka’alae, Hana (3.6 miles south of Hana town) including three renovated residences with sparkling ocean views as well as a large accessory building.
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Homes Under $1M
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540 Halemalu Place
Wailuku
$525K (FS)
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Beautifully remodeled home with new flooring, appliances, granite counters throughout, paint, light fixtures, ceiling fans, etc. Ideally situated at the end of a cul de sac with large yard and privacy.
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211 Keonekai Road
Kihei
$650K (FS) |
Short Sale - Split level home with bay windows providing ample source of natural lighting and no HOA neighborhood. Double sliding doors from the living room and dining room opens up to an enclosed, railed porch. Panoramic view of the West Maui Mountain and Ulupalakua.
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29 Kapalaia Place
Wailuku
$659K (FS)
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Located within walking distance to The Dunes golf course and clubhouse, this well-maintained 4 bedroom, 2.5 bath home features central A/C, solar H2O, stainless steel appliances, 2-car garage, and a fenced yard with low-maintenance landscaping and sprinkler system.
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566 Papau Street
Kihei
$665K (FS) |
This 5 bed/3 bath Ka Ono Ulu Estates 2-story home has been totally re-done inside and out! New flooring: custom tile, limestone, carpet, and Brazilian cherry wood laminate. There are West Maui and Haleakala mountain views from the upper level living, dining, kitchen and bedroom.
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494 South Alu Road
Wailuku
$910K (FS) |
Wailuku Heights Elegance at its best! This custom built home boasts gorgeous soaring coffered ceilings with inset lighting, oak hardwood flooring and granite countertops. The sweeping ocean, Haleakala, & central valley views are enjoyed from a multitude of large vinyl windows throughout the main living area.
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Vacation Condos Over $1M
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Hoolei #52-5
Wailea
$2.98M (FS)
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Beautiful 3 bedroom, 3.5 bathroom Ultra Luxury Condo in the heart of Wailea. The finishes in this high end villa are of the highest quality. The views from this unit are unmatched with endless outer islands and some of the prettiest sunsets Maui has to share.
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Wailea Beach Villas #F101
Wailea
$4.25M (FS) |
Pure luxury awaits you at the Wailea Beach Villas. This exceptional 3 bedroom, 3.5 bath Villa residence is tastefully appointed with all of the amenities and privacy you desire.
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Vacation Condos Under $1M
Island Sands #303
Maalaea
$395K (FS) |
What a view! The ocean view from this immaculately maintained unit is just so breathtaking. This is a true ocean view unit that has been upgraded and is fully furnished and move in ready.
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Papakea Resort #F103
Napili
$450K (FS) |
Picture yourself in the heart of paradise, just 16 sweet steps from the Pacific Ocean. Now, close your eyes and let the sound of the surf lull you to sleep from your oceanfront room. There aren’t that many truly oceanfront condos, especially this well maintained and appointed at this price.
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Hale Hui Kai #103
Kihei
$810K (FS) |
Hale Hui Kai is a hidden gem on the renowned mile long sandy "Keawakapu" beach. A small, well maintained low rise that has that the feeling of "old Hawaii" as you walk in through the lush green hallways. Relax by the pool, or enjoy swimming, paddle boarding, snorkeling and kite boarding 40 steps from your condo.
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Kapalua Golf Villas #23P1-2
Kapalua
$879 (FS) |
Stunning ocean, sunset and outer island views from this two bedroom, two bath villa which has just undergone a beautiful remodel. An end unit with an abundance of light throughout and an additional door in the living room leading to the second bedroom to enhance the airy feeling of this patio level home.
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Residential Condos
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Kehalni Gardens #406
Wailuku
$312.5K (FS)
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Bank Owned - Nicely located 3 bed 2 bath Kehalani Garden that is ready to move into.
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Iliahi at Kehalani #18D
Wailuku
$409K (FS) |
Corner Unit! 3 bedroom / 2.5 Bath in Iliahi at Kehalani. Fantastic ocean and mountain views from the living room and patio. Close to schools, shopping and parks.
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Villas at Kehalani #2703
Wailuku
$693K (FS) |
End unit with ground floor master! The Villas is a 16-acre gated community of 103 luxury town homes in 30 buildings located in the Master Planned Community of Kehalani. These elegant homes brings a taste of Wailea to Central Maui.
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Vacant Land
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0 Mokuhau Road
Wailuku
$340K (FS) |
Iao Stream is flowing continuously again! This is a very unique opportunity to live in Iao Valley with Iao Stream at your doorstep. This parcel offers a super private rural setting amongst mature old growth trees but very close to the conveniences of town like shopping, dining and medical facilities.
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