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Aloha ,
Market Update
As we enter the high season we are seeing a growth period in the Maui real estate market. Residential and condo unit sales numbers rose in October to 105 units each. Year to date residential unit sales have risen 15%, showing lots of activity.
Canadians who have been large investors in Maui real estate are now motivated to sell rather than buy as the exchange rate declines. Investors are buying with cash for a quick close, 36.6% of all sales this year have been cash.
The inventory of REO's and Short sales are dwindling as they are being sold off. For buyers, low interest rates still prevail but they are surely inching upward so the time to act is now.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The Maui Ocean Center is accepting submissions to name it's newest resident, a baby sea turtle! Submissions will be accepted until 11/20 at which time the public will be invited to vote.
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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543 (291)
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217 (20)
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1063 (192)
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+2 |
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Condos
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746 (181)
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188 (19)
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1226 (160)
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+23
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Land
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342 (121)
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38 (5)
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148 (25)
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-10 |
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Total
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1631 (593)
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443 (44)
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2437 (377)
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+15 |
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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
45 North Iwa Place
Kaanapali
$1.175M (FS) |
Bank Owned - 4 bedroom, 3.5 bath home in the Kaanapali Hillside neighborhood. Living area of 2,644 sq ft.
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35 Leihulu Way
Kula
$1.295M (FS) |
Incredible unobstructed bi-coastal ocean views. This home is extremely well built and has custom features from top to bottom. There are granite counters, Curly Camphor accents, cherry soft close cabinets, vaulted ceilings, limestone floors, custom lighting, Anderson wood clad windows, an intercom and a Bose surround sound system.
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 91 Aulii Drive
Pukalani
$1.499M (FS) |
Kula 200 Home on acreage will impresses you from the gated drive to the solid construction & attention to detail of this quality home. Enter through the foyer, featuring stained glass to the Koa wood handcrafted stair rail & be enchanted as you walk into the open plan living/dining & kitchen featuring tall ceilings with beam accents.
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3199 Hoomua Drive
Maui Meadows
$1.525M (FS) |
This expansive gated Maui Meadows home sits up high on a gently sloping lot & offers a combination of lush green pastoral views plus Ocean & Island views of Kahoolawe, W. Maui & Lanai. The 24,306 spacious lot, affords a fabulous lifestyle private pool & spa area plus ample room for guest parking.
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181 Hokai Place
Kihei
$2.9M (FS) |
Located behind the gates of the exclusive Ali'i Lani section of Hokai Pl. You will enter the cathedral-ceiling living room where you can enjoy the sweeping ocean views via the 3 panel pocket sliding doors which open onto a full-covered travertine tile lanai.
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Homes Under $1M
296 Puumakani Place
Kahului
$588K (FS) |
Bank Owned - Beautifully designed 2 story home on a large corner lot. Extraordinary double staircases at front entrance, a catwalk overlooking the entrance hall, and high vaulted ceilings. Located in the Grand Fairways golf course subdivision, nearby restaurants and shopping.
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291 Nalani Place
Pukalani
$725K (FS) |
Stunningly remodeled 5 bedroom 2.5 bath residence located directly on the golf course in Pukalani. The upstairs has an open floor plan with a 3 bedroom 1.5 bath main living area and a separate 2 bedroom 1 bath living area downstairs.
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2835 Kauhale Street
Kihei
$729.9K (FS) |
Location is key to this very nice 3 bedroom 3 bath split level home with a 2 car garage and is just a short walk to Kamaole III and Keawakapu beach parks. Situated in South Kihei with tons of outdoor living with a front breakfast lanai and a dinner lanai with wrap around walkway that connects them both.
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Vacation Condos Over $1M
The Ritz Carlton #1904
Kapalua
$1,499,888 |
Enjoy luxury living at the newly renovated Ritz-Carlton Residences, Kapalua. This spectacular one-bedroom Residence features floor to ceiling sliding windows, hardwood floors, Wolf/Subzero appliances, Italian marble kitchen island, luxurious furnishings, and high-tech wife/TV system in elegant contemporary Hawaiian design.
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Wailea Point #801
Wailea
$4.199M (FS) |
Wailea Point is situated on over 26 spectacular ocean front acres. Unit 801 offers nice ocean views, and is conveniently located between the owner's gym, the family pool, and the quiet pool area close to the beach. Unit 801 is the largest standard floor plan at Wailea Point. Consisting of 3 bedrooms, 4 bedrooms, and an excellent location.
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Vacation Condos Under $1M
Koa Resort #5C
Kihei
$299K (FS) |
Here's your chance to own an extremely desirable and rarely available ground floor unit at Koa Resort! Fragrant Plumeria blossoms beckon you to Unit #5C, a very successful vacation rental unit that has been thoughtfully enhanced for a 5-star guest experience.
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Wailana Kai #204
Kihei
$320K (FS) |
Beautifully remodeled vacation rental centrally located on a quiet street in north Kihei. Astonishingly good clean ocean view (must see in person). All new kitchen with stainless appliances, quartz countertops, glass and marble backsplash, deep Moen sink, a cut bar countertop that actually allows for leg room.
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Waiohuli Beach Hale #125
Kihei
$369K (FS) |
A hidden gem in South Kihei on a sandy beach is Waiohuli Beach Hale. Concrete two-story construction is almost non-existent these days. This downstairs unit is one of the closest to the beach, and it stays cool with the trade winds blowing straight through this downstairs unit.
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Aina Nalu #I-1-1
Lahaina
$370K (FS) |
This end unit near the large saline pool has 2 bedroom, 2 bathrooms and shows like new with stone tile floors, granite counters, cherry wood cabinets and over-sized bathrooms. The condo layout gives you and your guests the feeling of 2 separate suites. Green features include solar power for hot water and common area electric.
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Maui Parkshore #204
Kihei
$524.5K (FS) |
Enjoy the comforts of this lovely, two bedroom, two bath fully furnished ocean view condominium. Take advantage of the great central location and enjoy all the spectacular activities and amenities available here. Located in the heart of sunny South Kihei, just steps away from world famous Kamaole 3 beach.
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Papakea Resort 108-A
Napili
$574.9K (FS) |
Experience direct ocean fronting, ground floor, fee simple property with direct access to the crystal clear Pacific Ocean just yards away, lapping up along the shore. Several enhancing features include a private bedroom on the rear of the unit, a mirrored wall along the dining living room, which brings in the the light.
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Residential Condos
Kihei Shores #A-205
Kihei
$264.9K (FS) |
Bank Owned - 2 bedroom, 2 bathroom unit at Kihei Shores, near Kamaole Beach park. This unit is 719 sq ft.
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Walaka Maui #203
Kihei
$349K (FS) |
This 1 bedroom, 2 bath residential condo is just a couple blocks from the famed Kamaole Beach parks. Beautiful wood flooring, gourmet kitchen and an open floor plan create a spacious and bright environment. Views of Haleakala down toward Makena and even a partial ocean view from the large lanai guarantee sunset colors and big sky views.
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Kehalani Gardens #1304
Wailuku
$349K (FS) |
Located on the perimeter of complex for added privacy. Each bedroom has its own bathroom for convenience & privacy. Unit also has additional storage space, two parking stalls and your own backyard with views of west Maui mountains. Conveniently located to shopping and restaurants.
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Napili Villas #9/3
Napili
$425K (FS) |
The Napili area offers warm climates with cool trade winds. Napili Villas is located within walking distance to shopping and restaurants and is close to Maui Preparatory Academy, world-class snorkeling and beaches, championship golf courses and tennis facilities. This wonderful corner unit offers lots of windows to enjoy mountain and partial ocean views.
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Kai Ani Village #3-111
Kihei
$700K (FS) |
Kai Ani Village’s Kala floor plan is a live/work unit in a great central Kihei location for the professional or investor who wants to blend the best of work and home. This tri-level townhome features a 500 square foot lower level office/work space with frontage on S. Kihei Road, while the upper level main floor offers the flexibility of a multi-purpose great room for entertaining or relaxing.
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Vacant Land
171 West Ikea Kai Place
Wailea
$595K (FS) |
Wailea Kialoa , lot 54, has the street address 171 West Ikea Kai Place. Older building plans have previously been approved by the governing Wailea Community Association, aka WCA, allow for a two story ocean view home.
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152 Eke Place
Kaanapali
$635K (FS) |
Build Brand New on this 10,011 square foot lot with commanding panoramic ocean and island views! This is one of the last lots on the front line of the Ka'anapali Hillside Neighborhood. And it's situated at the end of a very private cul-de-sac.
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