|
Aloha Valued Subscriber
Market Update
The median price of single family homes in Maui dropped 10.1% to $680,000 last month compared to March 2017 when the median sales price was at a record high of $756,000. The first time since June 2014 that the median single family home price fell by double digits.
The lowest median sales price in the last 12 month was $650,000 in September 2017. Inventory was down 19.8% last month to 487 homes for sale. The 12 month average of available homes for purchase is 555. Sellers were getting 97.7% of their list prices last month.
In the first quarter of 2018, closed sales increased 21.4% with 284 homes exchanging hands. The most homes sold were in Wailuku, with 62 sales followed by Kahului with 47 sales.
Maui Meadows saw the second largest decline in homes prices, where home prices fell by 35% to $937,500.
Have a wonderful week!
Ken, Melissa, Greg and Lindsey
P.S. - Report released by the U.S Census Bureau of 2017 shows Maui's population continues to increase even now as Honolulu's population continues to decline.
Melissa Smith R (B), Ken Smith R (S), Gregory Smith R (B), Lindsey Taylor R (S)
Market Watch
| |
Active
|
Pending
|
Sold
|
Change
|
|
Homes
|
492 (291)
|
215 (51)
|
1162 (263)
|
+10 |
|
Condos
|
602 (172)
|
358 (47)
|
1518 (218)
|
-14 |
|
Land
|
340 (140)
|
51 (11)
|
234 (27)
|
-3 |
|
Total
|
1434 (603)
|
624 (109)
|
2914 (508)
|
-7 |
|
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.
|
|
Homes Over $1M
904 Kupulau Drive
Maui Meadows
$1.399M (FS) |
Welcome to a Modern Pole House perched at the very top of Maui Meadows with expansive ocean and outer island views. Completely remodeled and recently finished in March 2018, this property is essentially brand new with a heated saline pool at the bottom of the property.
|
195 East Panana Place
Wailea
$2,248,880 (FS) |
A totally unique 3 bed, 3.5 bath Wailea residence. The indoor/outdoor relationship goes beyond retractable sliding glass pocket doors. You will love the formal entry through the sophisticated double entry gates featuring a fully enclosed trellised foyer with fountain and pond.
|
 429 Hoopalua Drive
Kula 200
$2.47M (FS) |
This quintessential 4 bed, 3.5 bath Kama’aina pole home is casual yet elegant and is privately nestled on this large, 3.3+ acre top choice of all the lots in Kula 200. Featuring bi-coastal ocean views and incredible grounds, this estate embraces quietude and nature.
|
315 Pauwela Road
Haiku
$2.495M (FS) |
Classic and elegant 5 bed, 4 bath plantation home with amazing nature views from each room, with large office and 3-car garage, large 1 bed, 1 bath cottage, pool, jacuzzi, ponds, cabana, “doll-house” and mature grounds.
|
Homes Under $1M
285 South Market Street
Wailuku
$385K (FS) |
Vintage home, centrally located in historic Wailuku Town, 2 bed 1 bath, newer electric, plumbing, laminate flooring. Close to the county buildings and medical facilities and elementary school. Older home with that classic plantation design.
|
61 Konale Place
Kihei
$549.9K (FS) |
Bank Owned - Located on a nice little cul-de-sac just down from Honu Alahele. This home offers several options for an extended family or it can be locked off at the stairway. The main living area is upstairs with a open concept kitchen, vaulted ceilings, 2 bedrooms, one with on suite bath, a large wrap around deck with West Maui mountain views and several storage areas at the rear of the home.
|
11 Haku Hale Place
Lahaina
$679.9K (FS) |
Bank Owned - This beautiful updated 2- story 3 bed, 2 bath home is super clean and ready to move in. Hawaii Inspection Group did a whole-house inspection, and all recommended repairs have been completed, plus has been updated with fresh interior paint throughout. Great location just a short block from all of the conveniences of Honokowai, including restaurants, farmer's market, shops, and beaches.
|
Vacation Condos Over $1M
Maalaea Surf #E-2
Kihei
$1.199M (FS) |
Oceanfront living at it’s very finest. Very high end remodel. Top of the line everything. No expense spared. Just come see for yourself. Bottom floor, walk out your patio to the pool a few feet away. This was owner’s personal oasis when visiting from the mainland, never rented. Sold fully furnished, ready to occupy. Ma’alaea Surf is located on 5 flat acres of spectacular beachfront property, and enjoys 2 pools, shuffleboard, and tennis.
|
Noelani #410
Napili
$1.248M (FS) |
This stunning, corner, oceanview, remodeled penthouse is available for the highly discriminating buyer. Please check out the virtual tour so you can fully experience and appreciate the location and endless ocean views that will give new meaning to your Maui Experience. Sandwiched between a Private Estate and the finest sandy beach, known as "S" turns Noelani can be described as a charming, low-key, hidden-treasure, Boutique Resort.
|
Montage #1201
Kapalua
$8.95M (FS) |
Montage Residences Kapalua Bay. A truly one-of-a-kind opportunity to own along the West Maui shoreline, overlooking the white sandy crescent of Kapalua Bay, with panoramic ocean views framed by the neighboring islands of Molokai and Lanai. This unit is 4,055 sq ft with 4 beds and 4.5 baths.
|
Vacation Condos Under $1M
Maui Kaanapali Villas #B-130
Kaanapali
$389.1K (FS) |
Bank Owned - Great opportunity to own a condo in Maui Kaanapali Villas. Amenities include pool, recreation area, meeting room, restaurant, lounge and much more. Easy access to the beach.
|
Papakea Resort #D-207
Honokowai
$550K (FS) |
Papakea is a peaceful Hawaiian lifestyle low rise resort situated on 13 acres of oceanfront. Unit D-207 has great views of the ocean, resort and the island of Molokai. This is one of the larger 1 bedroom floor plans with 642 sq ft. Beautifully remodeled condo including the kitchen and the bathroom now has a walk-in custom-tiled shower.
|
Kulakane #202
Honokowai
$649K (FS) |
Kulakane 202 is your perfect get away. Oceanfront and mere steps from the ocean, 202 offers the most spectacular, soothing ocean and sunset views. Check out the sea life, whales, dolphins and turtles from your lanai and take in the multiple Hawaiian Island views. 202 is a popular and successful vacation rental and is offered furnished, a complete turnkey rental property.
|
Palms at Wailea #2103
Wailea
$890K (FS) |
Pristine unit in the popular Palms at Wailea. This beautiful 2 bed, 2 bath unit is on the ground level. Building 21 is located at the very private corner of the complex. Access this unit from Okolani Drive, not through the main entrance off Wailea Alanui Drive. Walking distance to the world famous Keawakapu Beach and the Shops at Wailea.
|
Residential Condos
Southpointe at Waiakoa #27-203
Kihei
$315K (FS) |
Fresh and clean, this 2 bed, 1.5 bath upstairs unit sports new carpet, laminate flooring, ceiling fans and paint. Located in one of just a few pet friendly complexes in Kihei, SouthPointe is only a 15 minute drive to town or the airport, and just around the way from long sandy beaches.
|
Opukea at Lahaina #B-203
Lahaina
$525K (FS) |
Not only is the newer and contemporary Opukea community walking distance from great eateries and art galleries in the heart of Lahaina town, the property offers a great sparkling pool, fully equipped gym and barbeque areas alongside green grass common areas. After parking your car under a covered parking space, you enter one of most spacious 2 bed, 2 bath units on island featuring a large kitchen and central air conditioning.
|
Villas at Kehalani #1003
Wailuku
$675K (FS) |
From this 2 story, 2 bed, 2.5 bath townhome in gated community of Villas at Kehalani, you’ll enjoy the gorgeous views and relaxing atmosphere throughout the day. The balcony offers a protected outdoor space with ease of entry to living and dining room. All granite countertops, Viking appliance upgrades, central air conditioning and window treatments add a final touch of luxury.
|
Vacant Land
1251 Hookil Road
Haiku
$390K (FS) |
1.6 Acre CPR’d lot in Peahi Hui Subdivision is ready for you to build a home. The other portion of the CPR is not presently for sale, and is being reserved for a future cottage. Check out this recently cleared lot with ocean views on one side and mountain views on the other.
|
110 Kauaheahe Place
Haiku
$499K (FS) |
Pristine Haiku land awaits, with ocean and mountain views and plenty of space. This agricultural land is expansive yet close to all that Haiku has to offer. Live on 7-plus acres; farm, garden, raise cattle, goats, horses or chickens; run, breathe and just a short walk to groceries and excellent eateries. This CPR property allows for the main house dwelling and comes with a set of plans, being processed for permit.
|
|
