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Aloha ,
In this newsletter:
Short Sales
Homes
Condos
Land (0)
New Properties (0)
Price Reductions (0)
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Moemalie
"Place of Peaceful Rest"
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Market Update
Home prices are rising for the upcoming spring season. A study done by CoreLogic shows that home prices for the country have risen 5.6% in February year over year. This is a the third year we have seen increases in home prices year over year.
CoreLogic predicts that this trend will continue and prices will continue to increase by approximately 5% from 2105 to 2016. This is assuming interests rates remain low and buyer confidence remains high.
The states showing the highest price increases year over year for the month of February are:
- Colorado: +9.8%
- New York: +8.2%
- North Dakota: +7.7%
- Texas: +8.5%
- Wyoming: +8.4%
- Oklahoma: +5.2%
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - Wailea and Kaanapali both ranked in TripAdvisors Top Ten US Vacation Rental Locations. Wailea ranked 6th and Kaanapali 8th.
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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589 (299)
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227 (39)
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958 (168)
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+6
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Condos
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906 (224)
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222 (35)
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1185 (165)
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-2
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Land
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348 (131)
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33 (5)
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163 (25)
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-5 |
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Total
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1843 (654)
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482 (79)
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2306 (358)
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-1
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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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89 Oleander Road
Kahana
$1.265M (FS) |
Big Views! One of the finest homes in all of the prestigious Kahana Ridge community is available for purchase! Nestled in the heart of the community, this estate provides breath-taking ocean, island and Kahana coastal views.
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115 Hui Road
Napili
$1.295M (FS) |
This breathtaking and beautifully maintained home is very private, and tucked away on an emerald green glade which borders the Pineapple Hill Estates, and the world famous Kapalua Bay Golf course. Stepping through the colorful floral canopy, and Gardenia hedge, the entry, gives one a complete sense of open space, and tranquility.
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3901 Waakaula Place
Wailea
$1.999M (FS) |
Relax, Unwind, and Enjoy gazing across the Old Wailea Blue Golf Course into the endless Pacific Ocean while perched in this newly remodeled 4 bedroom 4 bathroom Wailea Golf Estates home.
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Homes Under $1M
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77 Honuhula Street
Kihei
$649K (FS)
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Executive family two story home on this corner lot in this beautiful, quiet, North Kihei neighborhood. Great floor plan downstairs with 2 bedrooms plus family room with extra large laundry room. Spacious 3 bedroom upstairs with kitchen and dining room.
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100 Ihe Place
Kula
$860K (FS) |
Beautiful kama'aina home with lots of storage in quiet Kula neighborhood on oversize lot (rural 1/2 acre zone) with 2 water meters! Very well maintained property, and includes 'ohana unit, large greenhouse, and mature landscaping.
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912 North Niheu Place
Lahaina
$865K (FS)
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A wonderful 4 bedroom, 2884 sf home well-built home located right in Lahaina! It has granite counters, travertine floors and wood cabinets. The Open floor plan of the kitchen and dining area flow together into one nice large room.
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3270 Kehala Drive
Maui Meadows
$952K (FS) |
Relaxed living at this Maui Meadows Oasis! Tropical mature landscaping on this half acre property provides precious privacy, green boundaries, and fruit trees: bananas, mango, orange, and avocado. There are 2 screened in lanais, one is being used as a dining area.
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Vacation Condos Over $1M
Mahana #219
Kaanapali
$1.254M (FS) |
Remodeled 2 bedroom unit at the Mahana featuring new cabinets, granite counters kitchen, bathrooms, travertine flooring. Only 50 feet from the water. Amazing views of the ocean, beach, waves and trees.
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Kapalua Ridge #1513-15
Kapalua
$1.275M (FS) |
Lowest priced 2 bedroom at the Ridge! This villa is a must see for anyone interested in the Maui lifestyle. The location high above The Ridge provides extensive ocean and Molokai views from the living room and both bedrooms. The large wrap around lanai is perfect for relaxing sunset dinners.
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Vacation Condos Under $1M
Villas at Kenolio #2C
Kihei
$449K (FS) |
This is by far the best location in the complex. Beautiful ocean views from this 3 bedroom 2 bath with huge loft. Originally built for the owner in the development company, this unit offers many upgrades including additional windows and many large storage spaces.
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Kapalua Golf Villas #20V1
Kapalua
$660K (FS) |
1 bedroom/1.5 bath end-unit condominium in Building 20. Convenient for main pool with magnificent ocean views. This fully furnished condo features African mahogany cabinets and granite counter tops. West-facing large lanai features a bar-height dining table to savor the exquisite views and spectacular sunsets.
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Kapalua Ridge #1915
Kapalua
$950K (FS) |
This popular townhouse style floor plan is situated overlooking Oneloa Bay with sweeping views of the Kapalua coastline toward Honolua Bay. The living room opens to a spacious ocean view lanai and the bedroom has a private lanai with dramatic ocean views as well.
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Residential Condos
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Kihei Villages #5-103
Kihei
$235K (FS)
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Great ground floor unit at Kihei Villages! This unit has tile though-out and was recently painted. Building 5 is located at top of complex and faces towards ocean. There is a small yard to enjoy, with plumeria tree and grass.
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Iao Parkside #47-204
Wailuku
$310K (FS) |
This stunning and eye catching 2 bedrooms, 2 baths property comes fully furnished from A-Z, and it’s easily move in ready. Once you open the front doors, you are welcomed to an open and spacious living design with numerous craftsman upgrades throughout.
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Kahului Ikena #514
Kahului
$335K (FS) |
Beautifully remodeled Condo 3 bedrooms, 2 baths with covered, tiled lanai, granite counters, tile and laminate flooring, designer light fixtures & window treatments, stainless steel appliances, newer water heater, split a/c in living room, master bedroom, & 2nd bedroom, and portable a/c in 3rd bedroom.
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Kanani Wailea #22
Wailea
$835K (FS) |
This 3 bedroom, 2.5 bath townhouse located in the gated community of Kanani Wailea is a free-standing unit, offering a "single family" feel with the amenities of a luxury gated condominium.
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Vacant Land
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360 Hahana Road
Haiku
$410K (FS) |
Price Reduction - All cleared, fully fenced, vacant lot, makai side of Peahi Rd./Hana Hwy junction, water meter included.
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105 Lolii Place
Kaanapali
$53K (FS) |
Price reduced below comparable sales. The best 1/2 acre lot value in Kaanapali's finest gated subdivision, Lanikeha, featuring spectacular ocean views and year-round sunsets, Lanai, Molokai and whales in season.
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