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Issue 1156 | May 28th, 2025
Aloha ,
Is Now the Time to Buy? Interest Rates Expected to Drop, Sales on the Rise
As we move into the summer season, signs are pointing to a shift in the real estate landscape. Economists and mortgage analysts alike are forecasting a drop in interest rates in the coming months—welcome news for both buyers and sellers. Here on Maui, we’re already beginning to see an uptick in activity, with more inquiries, more showings, and a growing sense of optimism.
Lower rates typically mean increased purchasing power, which often translates to more competition and rising prices. That makes *now* a smart window for serious buyers to act before the broader market heats up.
Below, we’ve highlighted several standout properties that are well-positioned in this evolving market. If you're considering a purchase, these opportunities are worth a closer look.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Tiffany’s Restaurant & Bar brings nostalgic island flavors to life in the heart of Wailuku.
Market Watch
| |
Active |
Pending |
Sold |
Change |
| Homes |
441 (386) |
123 (87) |
701 (532) |
-1 |
| Condos |
881 (344) |
94 (26) |
714 (289) |
+6 |
| Land |
194 (77) |
30 (11) |
154 (58) |
-4 |
| Total |
1516 (807) |
247 (124) |
1569 (879) |
+1 |
1. Numbers in parentheses reflect listings over $1M
2. Sold listings are for the previous 12 months
3. Change is the increase/decrease from the previous week
January 2025
February 2025
March 2025
April 2025
Market Statistics
Updated list of all bank-owned and short-sale properties:
Bank-owned
Short sale
Homes Over $1M
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885 Haunani Place
Wailuku
$1.079M (FS)
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This beautifully updated 4-bedroom, 2-bath home with stunning ocean views offers the perfect blend of comfort and style, ideal for a large or extended family. Featuring a spacious open-concept design with a remodeled kitchen, dining room, and living area, this home is perfect for both everyday living and entertaining.
Customer Listing Synopsis
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1131 Puana Street
Makawao
$1.299M (FS)
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Welcome to this recently renovated and versatile 4-bedroom, 3-bath home, thoughtfully converted into three separate living spaces with their own entrances. Perfect for multi-generational living or income generation. Situated in a prime location at the end of a private cul-de-sac, just a short stroll to the charming shops and dining of Makawao town.
Customer Listing Synopsis
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300 Nehu Place
Kihei
$1.399M (FS)
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Calling all big families & savvy investors. With 4 bedrooms, 4 baths and room to grow easily into 5 bedrooms and 5 baths with added features. But that's not all! this home offers space, comfort, and serious potential.
Customer Listing Synopsis
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115 Kumula'au Ohia Loop
Wailuku
$1.45M (FS)
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This exquisite home is a true gem, showcasing countless upgrades and meticulous care throughout. From the moment you step inside, you’ll notice the thoughtful enhancements, including beautiful hardwood floors, elegant crystal chandelier and pendant lighting.
Customer Listing Synopsis Video Tour
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18 Luanaiki Place
Kihei
$1.485M (FS)
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Charming 3-bedroom home in Prime Keonekai Heights Location. Nestled in the highly sought-after Keonekai Heights neighborhood of South Kihei, this single-level, 3-bedroom, 2-bathroom home offers a perfect blend of convenience and tranquility.
Customer Listing Synopsis Video Tour
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Homes Under $1M
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2124 Kahawai Street
Wailuku
$795K (FS)
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This single-level 2 bedroom, 2 bathroom home offers island living with comfort and potential. With 1,216 sq ft of interior space, the layout is both functional and inviting, featuring multiple access doors for flexible living and entertaining.
Customer Listing Synopsis
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138 Kupuna Street
Kihei
$824.9K (FS)
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Bank Owned. Conveniently located and close to stores, amenities and great beaches and beach parks. This property has so much to offer.
Customer Listing Synopsis
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980 Kuhio Place
Wailuku
$849K (FS)
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A beautifully upgraded 3-bedroom, 2-bath home situated on a prime corner lot in the heart of Waiehu Terrace. This move-in-ready property features a completely updated kitchen, ceramic tile flooring, and a bright, spacious layout perfect for everyday living.
Customer Listing Synopsis
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Vacation Condos Over $1M
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Wailea Ekahi 43-B
Wailea
$1.1M (FS)
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This updated 1 bedroom, 2 bathroom condo offers the comfort of single-level living and feels more like a home than a vacation unit, with an expanded floor plan, built-in desk, oversized closets, and a Murphy bed in the living room. Tucked into a private garden setting.
Customer Listing Synopsis
Video Tour
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Kapalua Golf Villas 16T1
Kapalua
$1.135M (FS)
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This rare, oversized 1 bedroom floorplan offers enhanced living space and a private upstairs suite with sweeping golf, ocean, and mountain vistas. Positioned forward with no rooftops in sight and a privacy wall separating the lanai, this is one of the most private and picturesque spots in the complex.
Customer Listing Synopsis
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Wailea Ekolu 1705
Wailea
$1.5M (FS)
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This modern ocean-view single-level 2 bedroom, 2 bath ground-floor residence is located in Wailea Ekolu. Open-concept design with luxury gray vinyl plank flooring throughout. Stylish interior with remodeled features like beautiful white cabinets, stainless steel appliances, and quartz countertops.
Customer Listing Synopsis
Video Tour
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Vacation Condos Under $1M
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Kihei Bay Surf D-143
Kihei
$375K (FS)
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Ground floor unit in desirable location of the complex. Apartment is move in ready and has been "refreshed" - new split a/c unit, refrigerator, microwave, range hood, Decora outlets/switches, paint and more. Complex has a tennis court, pool, jacuzzi and bbq area.
Customer Listing Synopsis
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Lahaina Shores 308
Lahaina
$420K (FS)
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Here is your chance to own a beautifully remodeled studio at Lahaina Shores, a hotel-zoned Lahaina landmark that was spared in the 2023 wildfire. This versatile condo can serve as your personal residence or be rented out for both long-term and short-term stays. Recently remediated and refreshed.
Customer Listing Synopsis
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Kalama Terrace L-204
Kihei
$445K (FS)
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This charming 1 bedroom, 1 bath unit. This condo features a newer gas stove and refrigerator, along with granite counters in the kitchen and updated wood cabinets, tiled shower walls, and tiled floors throughout. Enjoy the view of the peaceful grounds from your covered lanai area. The unit comes fully furnished.
Customer Listing Synopsis
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Kihei Alii Kai C-108
Kihei
$950K (FS)
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Beautifully renovated ground floor, single level, end unit 2 bedroom 2 bath hotel zoned vacation rental at desirable South Kihei Alii Kai resort. Upgrades include a renovated kitchen with stainless steel appliances and new cabinets, new ceramic tile flooring, walk-in shower and split system A/C with 3 zones. Spacious lanai off living room, and primary bedroom suite.
Customer Listing Synopsis
Video Tour
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Residential Condos Over $1M
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Wailea Town Center D-120
Wailea
$2.095M (FS)
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This spacious 2 bedroom, 2 bath luxury condo offers the best of island living with the feel of an urban penthouse with stunning ocean views from Kahoolawe to the West Maui Mountains. The open layout features a large living & kitchen area with extra side windows and expands to the covered lanai with a built-in grill perfect for dining and great for winter whale watching.
Customer Listing Synopsis
Video Tour
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Residential Condos Under $1M
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Harbor Lights C-102
Kahului
$199K (FS)
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This 2 bedroom, 1.5 bath ground floor condo stands out with its desirable corner location, offering extra privacy and quick, convenient access to both parking and the building entrance. Enjoy the ease of everyday living with nearby shopping, dining, and entertainment.
Customer Listing Synopsis
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Keonekai Villages 13-208
Kihei
$499.9K (FS)
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Experience the Best of Island Living in South Maui and discover the perfect blend of comfort, convenience, and tropical charm in this beautifully updated 2 bedroom, 1 bath condo, ideally located in the heart of Kihei. Just moments from world-renowned beaches, this move-in-ready gem embodies relaxed island living with modern upgrades throughout.
Customer Listing Synopsis
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Kahului Ikena 114
Kahului
$550K (FS)
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A spacious 3-bedroom, 2-bathroom, 900 sq. ft. corner unit offering the perfect combination of comfort and convenience, including two parking stalls. Featuring a highly desirable ground-level layout, this home is wheelchair-accessible and offers easy access to a variety of amenities.
Customer Listing Synopsis
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Vacant Land
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147 Moolu Circle
Wailuku
$650K (FS)
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This rare opportunity offers you the chance to build your custom dream home on a spacious lot in an established, upscale residential community. Enjoy stunning views of the West Maui Mountains and peekaboo ocean vistas on this generously-sized lot with gentle elevation.
Customer Listing Synopsis
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