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Market Update
There are currently 207 pending escrows in South Maui. South Maui hasn't hit this number in over 12 months. That's great news. People are buying real estate on Maui!
We'd also to like to draw your attention to January's "official" sales numbers released last week by the The Realtor's Association of Maui. RAM's publication included two additional home sales that were not yet accounted for when we did our unofficial analysis mentioned in the February 1st issue. We believe you'll find RAM's analysis extremely educational and insightful. If you haven't already done so, be sure to check it out.
Our goal each week is to educate and entertain you on the subject of Maui real estate. If we are achieving that outcome, then we'll consider this newsletter a great success.
Please feel free to let us know how we are doing and how we might continue to improve our services. We welcome and value your feedback.
Have a wonderful week!
Mahalo Nui Loa,
The Smith Team
P.S. Looking for a home in South Maui? Check out 69 Pukolu Way in Wailea. Located directly across the street from Keawakapu Beach, 69 Pukolu is hands down one of the best values in all of Wailea.
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
 
Market Watch for February 14th, 2011
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Active |
Pending |
Sold |
Change |
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Homes |
800 (319) |
254 (27) |
819 (95) |
+1 |
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Condos |
1221 (232) |
257 (17) |
1145 (156) |
-18 |
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Land |
538 (129) |
33(11) |
121 (14) |
-6 |
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Total |
2559 (680) |
544 (55) |
2085 (265) |
-23 |
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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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192 Halau Place
Wailea
$3.425M (FS)
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This captivating residence expresses the Hawaiian lifestyle with sophistication. Its distinctive location overlooking the 4th green of Wailea's "Old Blue" golf course provides for expansive ocean and golf course views. The formal and informal living room areas open to a large lanai, pool and spa. The homes entire upper level contains the owner's private master suite, office/ den and open lanai.
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Homes Under $1M
137 Kuhuoi Street
Kahului
$262K (FS) |
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Bank Owned. This is an older plantation style home built in the heart of Kahului. Offer a 2006 2/1 cottage in the rear. The main dwelling does require much needed TLC but with a little attention, this hidden jewel will sparkle.
Customer Listing Synopsis
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29 Waikalani Place
Kihei
$341.25K (FS) |
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Bank Owned. 3 bedroom 3 bath 2 story home with oversized 2 car garage in North Kihei on a large 8,216 sq. ft. lot. This home is a diamond in the rough.
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1382 Ainakea Street
Lahaina
$472K (FS)
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Bank Owned. Spacious 4 bedrooms 3 bath residential home in great location near the Cannery mall. Enjoy the panoramic ocean views from the 2nd floor.
Customer Listing Synopsis
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690 E. Kuiaha Road
Haiku
$950K (FS)
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Romantic Haiku. Designed to take advantage of its unique tropical setting, this exquisite gem is situated along the edge of a lush tropical gulch and is surrounded by “Garden of Eden” views. Built as a labor of love, every attention to artistic detail and solid craftsmanship is visible from the ground to the rooftop.
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Vacation Condo Over $1M
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Puunoa Beach Estates #203
Lahaina
$2.5M (FS)
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Rare Opportunity to own a 3 bd. 3 bath 2nd floor townhouse right on Baby Beach. Quiet seclusion on a ocean front property. Just steps from the sands of Baby Beach with exquisite views of Lanai and Molokai. Seller will consider seller financing to qualified buyer with a minimum of $1,000,000 down.
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Vacation Condos Under $1M
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Aina Nalu H-205
Lahaina
$212.9K (FS)
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Bank Owned. 2 bd. 2 bath tastefully furnished interior with a tropical Bali theme executed in rich dark woods and rattans. Living room and bedrooms have custom designed carpet and upholstery. Kitchens and baths feature solid surface counter tops and slate tiles.
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Island Sands #501
Ma'alaea
$315K (FS)
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Fabulous ocean views from the living room and lanai, this is your chance to own oceanfront in Ma'alaea. This 5th floor, newly renovated 1 bedroom, 1 bath features a new kitchen and bath, granite counter tops, tile floors and a travertine shower, even new furniture.
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Ka'anapali Shores #407
Ka'anapali
$518K (FS) |
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Beautifully upgraded, large "C" floor plan unit with ocean and sunset views visible from the balcony, living room, dining area, kitchen and bedroom. This is the number 1 location for one bedroom units. This wonderful apartment has been extensively refurbished with new cabinetry, granite counter tops, through-body Italian porcelain floor tile in the kitchen, bathroom and extra large owners closet.
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Residential Condos
Iao Parkside 22-106
Wailuku
$102K (FS) |
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Bank Owned. 1 bd. 1 bath, ground level unit with a small fenced yard.
Customer Listing Synopsis
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Villas at Kahana Ridge 833
Kahana
$243K (FS) |
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Bank Owned. Cute two bedroom plus loft unit at Villas at Kahana Ridge features ocean views, vaulted ceilings and a floor plan that makes you feel as if you are in a house, not a condo. Centrally located in West Maui, close to beaches, restaurants and shopping.
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Vacant Land
184 Anapuni Loop
Ka'anapali
$550K (FS) |
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This Bank Owned property is located in Phase 1 of the exclusive gated community of Lanikeha (within the Ka'anapali Golf Estates). This premium parcel offers ocean, island, golf, and resort views. The parcel is 43,358 square feet.
Customer Listing Synopsis
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