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Aloha ,
Market Update
The median home sales price continues to rise through August 2016. The median single family home sales price for Maui County last month was $669K, 22% higher than August of last year. Condo median sales prices followed the same trend at $420K also 22% higher than August 2015. Of the past 8 months this year in 6 the median single family home price was over $600K and the 2 months it fell short in February and July were very close at $595K and $599K respectively.
Single family home inventory only grew slightly last month by .6% over its monthly average throughout the year. Condo inventory dropped 2.4% from its monthly average down to 954. Meanwhile foreclosures and short sales continue to fall.
The volume of condos sold increased 10% year to date to 881 this year. There was no change in the volume of single family homes sold year to date. 32% of this years single family home sales have been in Central Maui where homes sold for a median price of $553,750. Kihei has the majority volume of the condo market at 34% where condos are selling for a median price of $330K.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - This Saturday, September 17, 2016 at the Maui Arts and Cultural Center's McCoy Theater will be a theatrical production of Mai Poina: The Overthrow. A powerful production telling the story of the last four days of the Hawaiian Monarchy. Tickets are $28 and available online at the MACC.
Melissa Smith R (B), Ken Smith R (S), Lindsey Taylor 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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504 (278)
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241 (46)
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1088 (198)
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-21 |
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Condos
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774 (188)
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208 (21)
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1259 (160)
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-8
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Land
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349 (133)
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37 (7)
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159 (26)
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-6 |
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Total
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1627 (599)
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486 (74)
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2506 (384)
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-35 |
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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
109 Lower Kimo Drive
Kula
$1.264M (FS) |
You will fall in love with this classic and sophisticated plantation style Maui home. Enter through this gated property to your long private driveway to this absolutely charming home filled with character. Perfectly located-looking out to the ocean with majestic Haleakala Mountain at the back, in what many Mauians consider the best climate at approx. 2500 foot elevation.
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2311 Umi Place
Haiku
$1.298M (FS) |
This home occupies the entire southern 2.3 acres on the top of Maui's North Shore exclusive residential enclave known as 'Haiku Hill'. As you approach the 'Hill' you drive along Umi Place which feels like tropical country. This 2 bed, 2 bath home is bordered by large parcels with lovely homes & plantings, set back off the beaten path, yet totally convenient to the quaint restaurants, yoga and dance studios of Haiku town.
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3122 Kikihi Street
Wailea
$2.198M (FS) |
Price Reduced - Located in the prestigious gated community Wailea Kialoa, this custom 4 bed home glows with warmth and light. In addition to the 4 bedrooms, there are 2 offices, 1 with full bath and the other with a separate A/C zone. Looking out over ocean views, the house is architecturally designed with graceful curves, and distinctively appointed with custom fixtures.
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Homes Under $1M
1085 West Kuiaha Road
Haiku
$350K (FS) |
This Haiku secluded oasis is located on 2.287 acre. The property has an extreme amount of potential to build your own new home. This is part of a Condominium Property Regime. The dwelling probably a tear down and would be rebuilt to current Maui County codes.
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210 Molehulehu Street
Wailuku
$600K (FS) |
Bank Owned - Large family home in the desirable Na Hoku subdivision, this centrally located home is convenient to shopping, schools, restaurants, The Maui Art and Cultural Center and theaters. You'll love living in this family-oriented neighborhood. Roofing, plumbing, electrical and AC contractors have all inspected, and all repairs are completed.
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187 Paka Place
Kihei
$724,850 (FS) |
Welcome to Kihei Heights, this 5 bed, 3 bath home has been totally remodeled in 2016. The owner has painted interior and exterior, new hot water heater, new carpet and vinyl floors throughout, new stove, refrigerator, single wall oven and new vanities in 3 bathrooms. The natural woodwork has been refinished throughout and left natural.
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151 Puumakani
Kahului
$769K (FS) |
Beautiful and spacious 4 bed, 5 bath house with bonus 2 den/study areas in the Grand Fairways at Maui Lani. There are a lot of updates that have been done including new exterior paint, new carpets in the upstairs bedrooms, remodeled bathrooms, wood flooring, etc. The master bedroom and bathroom are located upstairs and include and oversized closet.
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129 Pauloa Place
Kihei
$899K (FS) |
This home offers many options for the savvy buyer. The property currently lays out as a 3 bed, 1.5 Bath unit on the lower level with a 3 bed, 1.5 bath unit on the upper level that both share a washer/dryer. A recent addition was built in 2013 that offers a 2 bed, 1 bath layout with granite counters and porcelain tile floors. Also, attached to the back of that unit is another 2 bed, 1 bath unit that shares the laundry area.
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Vacation Condos Over $1M
Honua Kai - Hoku Lani #820
Kaanapali
$1.433M (FS) |
Unit 820 is a meticulously cared for 2 bedroom corner unit which boasts an open floor plan, legendary ocean and mountain views, premium interior furnishings and a spacious outdoor lanai. The unit's Southwest exposure provides stunning winter sunsets as well as protection on gusty trade wind days. It also offers numerous special features such as a built in BBQ on the lanai and tiled living room floor.
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Hoolei #52-2
Wailea
$3.195M (FS) |
This iconic 3 bed, 3.5 bath home is situated on the very top of the last resort-zoned development in Wailea. The view is simply spectacular - with panoramic ocean vistas looking out towards the outer island of Lanai and the West Maui Mountains. Enjoy gorgeous sunsets year round!
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Wailea Point #301
Wailea
$4.4M (FS) |
Nestled between Wailea and Polo Beach, this front row oceanfront unit at Wailea Point has phenomenal ocean views. This ground floor 2 bed, 2 bath residence was remodeled in 2004 with the finest limestone, granite, and wood materials. The open kitchen includes top of the line appliances with a 42 in. Sub-zero refrigerator, KitchenAid trash compactor, built-in Dacor microwave and oven.
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Vacation Condos Under $1M
Kihei Holiday #216
Kihei
$315K (FS) |
Best 2 bedroom value in Kihei. Directly across from a long sandy stretch on South Maalaea Bay in Kihei. Walk out to standup paddle, kayak, canoe, fish, stroll or just sit on the beach anytime you want to. Beautiful sunsets, humpback whales and a convenient location make this 2 bed, 1 bath your perfect residence, home away from home, or short term rental.
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Aina Nalu #G210
Lahaina
$400K (FS) |
This is one of only two 2 bed, 2 bath, fee simple, vacation rentable condos on Maui’s West side priced at $400,000 or less. If you have been looking for a great price on condo with outstanding rental, or a place to live, you need to get the details on Aina Nalu G210. G210 is the only upstairs condo currently listed at Aina Nalu.
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Grand Champions #129
Wailea
$589K (FS) |
Grand Champions Villas offers serenity, beauty and easy access to all that Wailea has to offer. Shopping, beaches, golf, world class restaurants and much more are but a short distance from this 2 bed, 2 bath condo with an exceptional layout. Walk in and feel the beauty of Maui greet you as look out to the flowered landscaped garden.
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Wailea Ekahi #47F
Wailea
$722/8K (FS) |
Bank Owned - This second floor condo is located in the highly sought after Wailea Ekahi, a privately owned condominium community located on one of South Maui finest white sand beaches. Extensive and beautifully landscaped gardens full of tropical color and exotic bird life to be enjoyed by residents, along with exclusive use of shuffle board and paddle tennis courts, 4 swimming pools, an oceanfront recreation pavilion.
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Residential Condos
Kahului Ikena #211
Kahului
$203.6K (FS) |
Bank Owned - Unbelievable opportunity in Kahului Ikena condominiums. Ground floor unit with your own patio. 1 bed, 1 bath unit in an ideal location, close to Kahului harbor and Keopulani Park.
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Maui Gardens #D-202
Kihei
$335K (FS) |
This stunningly remodeled upstairs 2 bedroom condo is in a very quiet location near the rear of the complex. You will love how the owners have opened up the kitchen to the living area. Beautiful new tile flooring extending out to lanai and new bathroom vanities with matching granite.
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Iliahi at Kehalani #20C
Kahului
$425K (FS) |
This is a beautifully maintained 3 bed, 2.5 bath, approximately 1,258 sq ft town house in Kehalani. Excellent location at the top of the complex with beautiful ocean and mountain views. Built in 2005, this house features laminate floors throughout. Great floor plan with Kitchen, dining, living room, half bath and two lanais on the ground floor, 3 bedrooms and 2 full baths upstairs.
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Vacant Land
1180 Olinda Road
Makawao
$359K (FS) |
1 acre parcel above Makawao Town with West Maui Mountains and Kahakuloa Point views. This property has been used as grazing land for a number of years. The terrain varies from level to a gentle slope and falls into a gulch. Conveniently located within 1.4 miles, less than 5 minutes from Seabury Hall and 2.3 miles, roughly 10 minutes to Makawao Town.
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3140 Kikihi Street
Wailea
$648,880 (FS) |
What a great opportunity to own one of the last remaining Wailea Kialoa vacant lots consisting of 12,948 sq ft of land. Property is a very slightly sloped flag lot bordering a beautiful green belt for privacy which includes citrus and banana trees, irrigation system covered by well maintained lawn.
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