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Issue 1142 February 19th, 2025
 

Aloha


In this newsletter:


Bank Owned 
Homes (2)

Condos (2)
Land
New Properties 
Price Reductions  

Short Sales
Homes (1)

Condos (1)
Land
New Properties

Price Reductions 

The
Tropical Paradise
feature
153 Hokai Place
Kihei

$3.499M (FS)
 

Why Now is a Great Time to Buy Maui Real Estate

If you have been considering purchasing property on Maui, there is no better time than now to take action. While some buyers are waiting on the sidelines, those who move forward are finding excellent opportunities. Inventory has been steadily adjusting, and while demand remains strong, motivated sellers are making deals happen. Interest rates, which saw an upward trend last year, are showing signs of stabilizing, giving buyers more confidence in securing favorable financing.
 

Maui’s real estate market has consistently proven its resilience, even through economic shifts. Whether you are looking for a dream home, a vacation retreat, or an investment property, acting now could mean securing a piece of paradise before competition heats up again. 


In this week’s newsletter, we explore why timing is on the side of buyers by highlighting some of the better deals.

 

Mahalo Nui Loa,

Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)


The Smith Team

P.S. Bill to ban algorithmic price-setting in Hawaiʻi’s rental market moves ahead in Senate.
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Market Watch
 
Active
Pending
Sold
Change
Homes
397 (355)
124 (91)
745 (551)
+1
Condos
819 (325)
100 (37)
800 (356)
NC
Land
183 (77)
 29 (12)
165 (60)
+4
Total
1399 (757)
253 (140)
1710 (967)
+5
 
 
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 the number of active listings from the previous week.

 
MARKET STATISTICS 
January 2025

Homes Over $1M

35 Maka Hou Loop
35 Maka Hou Loop
Wailuku
$1.234M (FS)
This stunning 3 bedroom, 2.5 bathroom island residence offers a perfect blend of luxury, convenience, and breathtaking views. Move in ready, immaculate  condition & pride of ownership shows throughout. Live in the cooler, fresh air of this very popular hillside master planned community in Wailuku. You'll feel so at home from the moment you walk into this well-maintained two level house.
484 Hoala Dr
484 Hoala Drive
Kihei
$1.825M (FS)
This beautiful two-story home features 3 bedrooms and 3 bathrooms and is situated on a half-acre of lushly landscaped grounds. As you drive through the gates, you will feel the warmth and tranquility of home. The upstairs area includes a large gathering space with vaulted ceilings, two spacious bedrooms with large custom closets, two full bathrooms, and more entertaining areas on a large wrap-around lanai that captures the ocean views.
1805 Kalia Way
1805 Kalia Way 
Haiku
$2.85M (FS)
This 4 bedroom, 3 ½ bath home is 3430 sq. ft. of living space plus 760 sq. ft. of covered deck space. Natural interior finishes of granite, marble, slate, travertine and eucalyptus fuse with natural light from the many windows and skylights to bring the feel of Maui’s nature indoors. The lush tropical landscape of flowers and fruit trees on the gently-sloping.

Homes Under $1M
 
2127 MOKUHAU Rd
2127 Mokuhau Road
Wailuku
$583K (FS)
Bank Owned. This is a 2 bedroom, 1 bath home with approx. 878 sq. ft. Sits on a good size lot of approx. 6,387 sq. ft. Roll up your sleeves and put on your designer touches to make a dream Hawaiian getaway. At this price if you blink it will be sold. 
 
155 Auhana Rd
155 Auhana Road
Kihei
$689K (FS)
This charming, single-level, standalone home in the heart of Kihei. Tucked away at the end of the private road, this 2 bedroom, 1 bath residence offers both tranquility and convenience. Located within a small, peaceful residential community of just 10 homes, this property provides the perfect balance of privacy and accessibility. The home features a partially fenced yard, ideal for pets and outdoor lounging.
171 Poniu Cir
171 Poniu Circle
Wailuku
$975K (FS)
Welcome to this charming 3 bedroom, 2 bath home nestled in the Kaimana subdivision at Kehalani in Wailuku. Conveniently located close to parks, restaurants, and shopping centers, and an easy drive to the airport. This home is perfect for convenience and comfortable living. Enjoy the open floor plan, with it's 1185 square feet of living space.

Vacation Condos Over $1M
 
Menehune Shores
Menehune Shores 106
Kihei
$1.305M (FS)
This beautifully updated 2 bedroom, 2 bath unit offers both ocean and mountain views, providing a serene and picturesque setting. As you step inside, you’ll be greeted by the elegance of engineered wood flooring throughout. The unit has been thoughtfully updated with a new washer and dryer, new king beds in both bedrooms, and all-new TVs, ensuring comfort and convenience. 
 
Wailea Ekolu
Wailea Ekolu 1705
Wailea
$1.5M (FS)
Stunning ocean views, this modern single level 2 bedroom, 2 bath ground floor residence. Open-concept design with luxury gray vinyl plank flooring throughout. Stylish interior with remodeled features like beautiful white cabinets, stainless steel appliances, and quartz counter tops.
Hoolei
Hoolei B-2
Wailea
$6.25M (FS)
This 3 bedroom, 3.5 bath luxury villa is ideally positioned to offer 180-degree ocean views and year round sunset vistas. You simply cannot beat the lifestyle. Fleetwood glass doors magically retract into the wall to reveal and allow access to the upper lanai. Tasteful furniture and beautiful decor elements, create a warm and inviting environment.

Vacation Condos Under $1M
 
Kalama Terrace
Kalama Terrace L-204
Kihei
$475K (FS)
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. Unit comes fully furnished.
Maui Vista
Maui Vista 3309
Kihei
$549K (FS)
This fee-simple, 1 bedroom 1 bath (plus sofa bed) unit is sold fully equipped. Kitchen features newer cabinets and granite countertops. The large lanai is a perfect spot to sip your morning coffee and listen to the birds while you plan your day's activities. Ocean view from the kitchen, living room, and lanai for maximum enjoyment of the majestic Maui sunsets.
Valley Isle Resort
    Valley Isle Resort 608
Kahana
$717K (FS)
Imagine awakening to the sound of waves lapping on the shore as the morning sun rises behind you and casts red and golden shadows on Lana'i and Moloka'i, then realizing you got this unit for the deal of the year. Envision yourself sipping your morning coffee from your favorite mug on the lanai, afternoon tea and biscuits and then evening beverages all while watching the sun rise to sunset.
 

Residential Condos Over $1M
 
Liholani Golf Villas
Liholani Golf Villas 3
Pukalani
$1.05M (FS)
Prepare to embrace your life in paradise with this move-in ready, furnished gem. The quaint backyard has lush vegetation, flowering plants, and fruit-producing mango tree and backs up to a beautiful golf course. The owners enjoy early morning strolls and stunning sunset views from the 5th fairway.  

Residential Condos Under $1M
 
Kahului Ikena
Kahului Ikena 532
Kahului
$525K (FS)
This bright and airy 2 bedroom, 2 bathroom home offers 772 square feet of comfortable living space. There is a murphy bed in the primary bedroom. This is a pet friendly complex. In 2023 new roof and railings were installed throughout the entire complex, including the lanais. Unit includes 2 assigned parking spots located very close to unit. 
Iao Parkside
Iao Parkside 21-205
Wailuku
$575K (FS)
Centrally located 3/2 Wailuku Parkside corner unit with stunning West Maui Mountain and Wailuku River views as well as small ocean views. Laminate flooring, tile in kitchen and bathrooms, granite counter tops, vinyl windows. Walk-in closet for primary bedroom, comfortable lanai. 2 assigned parking stalls.
 
Flats at Kamalani
Flats at Kamalani 3901   
Kihei
$699K (FS)
This ground floor unit has no stairs, wide doorways, and nicely updated with Luxury Vinyl Plank floors, four wall AC units, ceiling fans in every room, and a little back yard for your BBQ and outdoor relaxation. Gas cooking and a gas tankless water heater help keep your electric bills low. Your two side-by-side parking spaces are just steps from your front door, and every convenience in Kihei is just minutes away.
Milo Court at Kehalani
Milo Court at Kehalani 57    
Wailuku
$960K (FS)
This sweet, semi-attached 3 bedroom, 2.5 bathroom townhome has been lovingly maintained with upgrades throughout. Enjoy the ease of open-concept living with a spacious great room that seamlessly flows into a dining nook and well-appointed kitchen, making it flexible for anything from quiet evenings relaxing at home to fun times hosting gatherings.

Vacant Land
 
821 Auwaha St821 Auwaha Street 
Haiku
$849K (FS)
1 Acre vacant land, building plans, building permit package. Everything's in place to start building your dream home. Water, Power, Architect Building Plans, Maui County Building Permit, Site Preparation for a 1,600 sqft custom home with 2 car garage. Located in a family oriented gated community in the heart of Haiku Town. Easy walk to shops, stores, and restaurants and cafes.
 
 
The Smith Team
www.MauiSales.com
(808) 572-0866
 
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Coldwell Banker Island Properties
#B-35 3750 Wailea Alanui Drive
Wailea, Hawaii 96753
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