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Aloha Valued Subscriber
Market Update
The Maui real estate statistics for May are in and the median sales price for a single family home has risen 11% over last year to $687,500. The volume of home sales has dropped 2% to 426 sales in response to the price increase.
The median sales price of a condo is up 12% to $479,000 over last year. Volume of sales is also up 10% to 589 total sales. Last month the median sales price of a condo in Wailea was $1.05M, an 8% increase over this same time last year. The median sales price of a condo in Kihei last month was $392,000 - 17% higher than last year.
The median sales price of vacant land is down 15% from 2016 to $395,000 compared to $464,500 last year. Though volume of sales are up by 1 sale the total dollar volume spent on land is down 12% to $34,572,700. Most land sales are taking place in West Maui with a total dollar volume of $9,031,500 in sales.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa, Greg and Lindsey
P.S. - Father's Day is this weekend, June 18, 2017. Treat your dad special and bring him to an extravagant all you can eat buffet in honor of Father's Day at the Kaanapali Beach Hotel's Tiki Terrace restaurant.
P.S.S - The Smith Team was named a Most Transactions Honoree for 2016 by The Hawaii Business Magazine.
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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527 (285)
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274 (62)
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1086 (235)
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-2 |
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Condos
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704 (191)
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267 (39)
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1356 (170)
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+12 |
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Land
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339 (131)
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44 (8)
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169 (25)
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0 |
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Total
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1570 (607)
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585 (109)
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2611 (430)
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+10 |
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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
570 Kulaiwi Drive
Wailuku
$1.15M (FS) |
This expansive Wailuku Heights 4 bed, 4.5 bath home boasts a spectacular panoramic ocean and mountain views from the north shore to the south shore. An open floor plan flows easily from the kitchen to the living room. Unobstructed ocean and Haleakala views from the large glass windows in the living room and upstairs lanai.
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 3275 Kehela Drive
Maui Meadows
$1.479M (FS) |
Outstanding ocean and Haleakala mountain views from this custom design 3 bed, 3.5 bath home. The main living on the upper level has a large open and spacious living/dining room with lots of windows to capture the panoramic views and opens to a wrap around deck. The detached one bed, 1.5 bath cottage has its own driveway and carport and a new solar hot water system that services the house and cottage together.
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891 Holopuni Road
Kula
$2.7M (FS) |
Beautiful Upcountry Estate on 2.11 acres with expansive views, established landscaping and sweeping lawns. The Main 4 Bed, 4 Bath Home features two entrances, a two-car garage, pool, spa, sauna, hardwood & Koa floors and a huge master suite complete with sitting room and fireplace, as well as a lanai overlooking the South Shore and West Maui Mountains. This beautiful Kula property has a 3 Bed, 3 Bath, 1,468 sq ft cottage guesthouse.
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246 South Ulukoa Place
Kaanapali
$3.65M (FS) |
This World Class, Custom Labor of Love in Ka’anapali Golf Estates boasts Golf Course, Ocean and Outer Island Views. This private, spacious, 4 bed, 4 bath masterpiece with disappearing glass walls affords one that quintessential seamless indoor/outdoor Maui lifestyle.
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Homes Under $1M
27 Kuualoha Street
Kahului
$160K (LH) |
Beautifully maintained 3 bedroom, 3 bath single level home in the Greens at Maui Lani. Features include tile and laminate flooring, central A/C, solar hot water, and a photo voltaic system. The open living and dining room area lead to a spacious back yard that is completely fenced in.
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777 Kolani Place
Wailuku
$650K (FS) |
This 4 bed, 3 bath property has been upgraded with gorgeous quality features such as Costa Esmeralda Quartzite counter tops, Travertine floors, showers and stairs, marble vanity tops in master and upstairs bathrooms. The home also includes a gas stove, a water filtration system for entire house to soften the water, solar hot water and security system.
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1585 Ainakea Road
Lahaina
$690K (FS) |
Wonderful Lahaina location with an ocean view. Open beamed ceilings in portions, Low maintenance yard. Unique layout with lots of possibilities for this 3 bed, 2 bath home.
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40 Kaui Place
Kula
$775K (FS) |
Great upper Kula home on a fully fenced 1/2 acre parcel. The home consists of 3 bed, 2 bath. Open beam ceilings, large family room, plus a large bonus room being used as a master bedroom. The home has solar water and leased Photovoltaic (paid in full). The lease is transferable. Enjoy a $19.00 a month electric bill.
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2515 Omiko Place
Kihei
$778K (FS) |
Lovely South Kihei Home with a great floorplan. The Spacious Master Suite comprises the entire top floor and is 676 sq ft with a huge walk-in closet and huge en-suite bath, but also has it's own private covered lanai of 120 sq ft to enjoy the South Maui sunsets. Downstairs has a large great room with travertine flooring, custom lighting, remodeled kitchen of granite counters and high end appliances, dining area, powder room, 2 spacious bedrooms, and a full bath.
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Vacation Condos Over $1M
Mana Kai #414
Kihei
$1.275M (FS) |
Mana Kai sits on one of the best beaches on Maui, famed Keawakapu Beach. With it's crystal clear aqua waters and white sands the ever popular Mana Kai Resort is one of the best buys for a real beachfront building. Unit 414 is a 2 bed, 2 bath on the mountain/quiet side of the building and has amazing ocean and beach views.
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Kapalua Bay Villas #37/B2/3
Kapalua
$1.695M (FS) |
Rare all-on-one-level upstairs Kapalua Bay Villa 2 bed, 3 bath with no steps from parking lot into the condo. Super location next to the Montage at Kapalua Bay and short walk to Kapalua Bay Beach and Merriman's Restaurant. This smartly remodeled interior faces a Westerly location with your back to the tradewinds and views to Molokai and West Maui Sunsets.
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Honua Kai - Hoku Lani #451
Kaanapali
$3.964M (FS) |
Ocean Front 3 bed, 3 bath at Honua Kai for sale. Located on the 4th floor of the Hokulani tower, this spacious 2265 sq ft home, with an additional 560 sq ft lanai enjoys direct ocean views from the living, kitchen and dining areas. Experience Maui sunsets while grilling on your private outdoor Viking BBQ.
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Wailea Point #802/804
Wailea
$7.99M (FS) |
This extraordinary two-story condominium with expansive ocean and coastline views boasts the largest floor plan in Wailea Point. Everything about this elegant, beautifully appointed luxury villa is oversized. Units 802 and 804 combine to bring together over 4,800 sq ft of unparalleled living space. And you have over 1,100 sq ft of ocean view lanais on which to entertain, enjoy with family and friends, or just relax.
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Vacation Condos Under $1M
Maui Vista #3116
Kihei
$315K (FS) |
Great opportunity to purchase a 1 bedroom vacation rental in the heart of Kihei. Maui Vista is a popular resort conveniently located across the street from Charlie Young beach and close proximity to some of Kihei’s best shopping and dining. Maui Vista offers great amenities like 3 swimming pools, and tennis courts in a lush tropical setting.
Customer Listing Synopsis
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Kahana Reef #307
Kahana
$509K (FS) |
Expansive view from the lanai of this 3rd floor, direct ocean front condominium. Great location for superb whale watching and just steps to the water to watch the turtles swimming by. This third floor unit is great for sunbathing and watching the Maui sunsets. Within easy walking distance to shopping and excellent restaurants at the Kahana Gateway Shopping Center.
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Kapalua Golf Villas #15T5-6
Kapalua$649K (FS)
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Optimally located in the heart of the resort, this unit is an easily accessible 1 bed, 2 bath villa with modern European styling and includes a large lanai and terrific views of the famed Kapalua Bay Course. And of course, it will be sold fully furnished and turn key.
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Wailea Ekolu #1205
Wailea
$810K (FS) |
This beautiful and tranquil 2 bed, 2 bath ground floor unit at Wailea Ekolu has wonderful ocean and golf course views. It has an open floor plan concept that captures ocean views from the kitchen and living areas that lead out to your own private outdoor lanai. This unit has an ideal location because there is no street and pool noise.
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Residential Condos
Kahului Ikena #334
Kahului
$289K (FS) |
Upgraded 2 bed, 2 full bath unit. Wood flooring, recessed kitchen lights, split air, blinds/coverings and much more Full size washer and dryer located on the lanai. Move in ready Two parking stalls (not tandem).
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Haleakala Gardens 12H
Kihei
$339K (FS) |
Open and bright 3 bedroom, 2 bath upstairs corner unit at Haleakala Gardens. Freshly painted and immaculately cleaned, this unit is located in the back of the complex and overlooks the interior grounds. It features high open beam ceilings and has a storage attic. Haleakala Gardens is a pet friendly complex that is right across the street from the ocean in North Kihei. 2 parking stalls.
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Liholani Golf Villas #21
Pukalani
$999.9K (FS) |
Bank Owned - Perched high above Liholani Street is 3 bed, 2.5 bath #21 Liholani Golf Villas. One of the larger homes within this development featuring a master bedroom suite on the ground floor with a large walk-in closet. An open concept kitchen and dining area are adjacent to the living room also on the ground floor with wood laminate flooring in the kitchen and dining area with carpeting through the living areas.
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Kai Malu #62B
Wailea
$1.35M (FS) |
Top row, in one of the more private locations. This meticulously maintained 3 bed, 2.5 bath Townhome has a 2 car garage with lots of storage. Situated in the world class Wailea Gated Resort Community on Maui. Kai Malu 62B has its own photo voltaic solar system (owned) for substantial energy cost savings. This highly desirable “Lewa Model” has the larger living and dining area that seamlessly goes out to lanai with yard.
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Vacant Land
152 Kulamanu Circle
Kula
$339K (FS) |
This premiere bi-coastal view lot at Kulamanu is one of a kind. 11,722 sq ft lot enhanced by an 8,000 sq ft landscaped gulch with native trees adjacent to the property making for a larger spacious feel. Conveniently located, in a great neighborhood with large flat area for building your home.
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