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Aloha Valued Subscriber
Market Update
The 2017 first quarter stats are in. South Maui is leading the island in total sales volume for both homes and condos. The total number of South Maui home sales are up 2%, at 50 total compared to this quarter last year. Total Dollar volume of South Maui home sales is up 130% at $97,081,478. This increase in total dollar volume can be attributed to the 11 home sales in Wailea this quarter compared to 1 sale last year.
Islandwide 50 more condos were sold this quarter compared to the first quarter of 2016. It remains a busy market, with pending sales at their highest levels in the last five years. South Maui condo sales are up 47% over this quarter last year at 194 sales and total dollar volume is up 82% to $151,811,353.
Islandwide residential home sales are down 5% to 230 sales. The median sales price is $699K, up 15% from last year at $610K. The average days on the market for a home is 98 days.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa, Greg and Lindsey
P.S. - More than 50 community members gathered to celebrate Earth day underwater at the Kahekili fisheries management area in West Maui as part of the Swim for Science event. They discussed the importance of caring for the environment.
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R(B), 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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554 (305)
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260 (60)
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1072 (232)
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+2 |
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Condos
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758 (192)
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280 (36)
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1366 (176)
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-7 |
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Land
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328 (126)
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63 (16)
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156 (21)
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+3 |
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Total
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1640 (623)
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603 (112)
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2594 (429)
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-2 |
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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
151 Ahekolo Place
Kihei
$1M (FS) |
This well cared for 4 bed, 4 bath, 2,853 sq ft home is set up perfectly for entertaining your family and guests. Situated up the slope on the cul de sac end of this quiet street gives you excellent vantage points for enjoying beautiful ocean and mountain views from multiple large lanais.
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 518 Melemele Street
Wailuku
$1.158M (FS) |
As you enter this beautiful 2-story, 6 bed, 4 bath home the bi-coastal views will stun you. The windows throughout the home bring in the natural lighting from the great outdoors. The 20 foot ceiling and stairway with glass railings overlooks the open floor plan. Ground level is where you will entertain your guests and cook them a feast while they sit at the granite countertop island/bar.
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116 Laukahi Street
Kihei
$1.25M (FS) |
Absolutely pristine and better than new is this two-story 5 bed, 3 bath home. Situated on a beautifully manicured lot with amazing fruit trees and a vast amount of usable space. Inside you'll find upgraded appliances, countertops, flooring and spotlessly maintained exceptional floor plan.
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197 Pua Niu Way
Lahaina
$3.45M (FS) |
Walk in the door and feel that WOW effect from the gorgeous panoramic ocean views. The expansive great room, kitchen and dining area lead out to a covered lanai to enjoy the outdoors as well as the indoors from this luxury 4 bed, 3.5 bath home. Lounge by the pool and spa and tropically landscaped yard while taking in gorgeous sunsets and the islands of Lanai and Molokai.
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Homes Under $1M
282 Hiwalani Loop
Pukalani
$519K (FS) |
This 3 bed, 2 bath single level home has many special touches, starting with it being a great corner lot, with a lovely deck, that has great views of central Maui, and Haleakala. This would be a great starter home with schools, shopping center, community center and pool within a short walk.
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15 Moea Lane
Kahului
$572K (FS) |
This brand and highly desirable new community, The Parkways at Maui Lani is located along the lush Dunes at Maui Lani Golf Course. The convenience of schools, churches and shopping are all at your fingertips, here in the attractive Maui Lani Master Planned Community. HAPUNA/Plan 1 is a welcoming 3 bed, 2 bath with approximately 1,385 sq ft of living space.
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2935 East Lelehuna Place
Haiku
$609.9K (FS) |
Bank Owned - Outstanding value for the neighborhood. Mature plants surround this custom built 5 bed, 3 bath home on the north shore of Maui. Located on a cul de sac . This home provides privacy and yet close to everything. Close to Hookipa beach and Jaws. Hardwood floors and open floor plan, truly one of the best values in the area.
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177 Waipuilani Road
Kihei
$620K (FS) |
Great opportunity for the right buyer. House and small cottage in need of TLC. In the main house "upstairs" is a large open concept living/kitchen/dining area, a master bedroom/bath, and 2 bedrooms sharing a hall bath. "Downstairs" is a 1 bedroom, 1 full bathroom and a small living/tv room. A half bath is nicely situated adjoining the two car garage.
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Vacation Condos Over $1M
Wailea Ekahi #19B
Wailea
$1.595M (FS) |
This 2 bed, 2.5 bath ocean view townhome has just completed a beautiful contemporary remodel. Turnkey and ready to use and enjoy, you don’t have to do a thing, except move in. The two story townhome floor plan gives you the benefit of a ground floor unit with its large expanded lanai, without having someone living above you.
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Royal Mauian #118
Kihei
$1.839M (FS) |
Direct ocean front, a very rare offering at the lovely oceanfront Royal Mauian. Tucked in between Kamaole I and Kamaole II on Maui’s South Shore is an oceanfront dream. This groundfloor 3 bed, 2 bath unit is just 40 steps to the water’s edge. Quiet and peaceful you will enjoy the beautiful green lawn and expansive blue pacific as your back yard.
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Vacation Condos Under $1M
Kihei Garden Estate #G101
Kihei
$379K (FS) |
Rare ground floor 2 bed, 2 bath unit in one of central Kihei's most unique, private, and quiet locations. Situated on the makai (ocean) side of Kihei road, this hidden sanctuary with its well manicured tropical flora framing seemingly endless grassy lawn areas leading to a large pool pavilion inc. spa, BBQ area, and full kitchen facility for hosting group events exudes an almost romantic charm.
Customer Listing Synopsis
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Nani Kai Hale #206
Kihei
$424K (FS) |
Nani Kai Hale' means "Beautiful Ocean House." Prime location convenient to Lahaina, Wailea, Kahului airport, shopping and dining. Hang your hat at this sandy beach/oceanfront 1 bed, 2 bath condo with solar-heated swimming pool. Smoke free, quiet and peaceful oceanfront complex.
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Maui Parkshore #214
Kihei$475K (FS)
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Great direct ocean view unit on second floor, across Kamaole Beach Park III with nice sandy beach. 2 bed, 2 bath unit has tile floors, nice large lanai, and big windows with incredible views.
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Lauloa #105
Maalaea
$620K (FS) |
Prime, frontline, 2 bed, 2 bath residence offering casual comfort, convenience and luxury. Located on the tranquil coastal shores of the Pacific Ocean, this upgraded, upfront residence features enchanting panoramic views and an easy, Maui resort lifestyle. Casual contemporary beach design, remodeled in 2015, offers beautiful finishes and a touch of class to this exquisite, Maalaea oceanfront resort property.
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Residential Condos
Townhomes at Kamalani #2001
Kihei
$484.3K (FS) |
Townhome models are 2-stories and feature open-concept great rooms on the first floor, with a covered porch at the entry. Full-equipped, with gas range and oven, refrigerator, full-size stacked washer and gas dryer, fiber-optic high-speed internet, private yards, single-car garage, plus additional parking in the driveway. The 3 bed, 2.5 bath units are approximately 1174 sq ft indoor living area with garage of approximately 209 sq ft.
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Keala O Wailea #70
Wailea
$888.9K (FS) |
Here in Maui’s Wailea Resort district, an extraordinary condominium development will rise that is uniquely designed to take fullest advantage of the stunning views of the South Maui Coastline and Ma’alaea Bay, while affording you utmost privacy. Keala o Wailea offers a limited opportunity with just 70 apartment units that wind gracefully along the lushly landscaped site. Unit 70 is a 3 bed, 2 bath 1,312 sq ft unit.
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Vacant Land
1-A Burns Road
Haiku
$359K (FS) |
Picture your dream home in the quiet countryside of Haiku’s Peahi Mauka. This small community lies on the edge of the pristine, tranquil valley of Kakipi Gulch and miles of protected, untouched Hawaiian nature of the Koolau Forest Reserve and State Conservation Land. Unobstructed ocean, mountain and valley views abound.
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951 Malaihi Road
Wailuku
$429.5K (FS) |
Vacant lot on a country road, close to town, with ocean views, and privacy. Water and electric meter installed, pad for cottage installed, concrete driveway installed.
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10 Kai Ala Drive
Kaanapali
$8.95M (FS) |
Rare opportunity to purchase the only buildable lot remaining on Kaanapali Beach. 10 Kai Ala Place is the largest of the six individual gated lots that are located within Kaanapali Resort just steps from the sand. Your ultimate estate can be built on this 1.16-acre site that offers over 100-feet of beach frontage.
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