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Market Update
Timeshare occupancy in the first quarter checks in at 95.6% in Maui. Meanwhile hotel occupancy is at 80.2% during that same period. This indicates that visitors prefer to stay for a longer period of time at a condo lodging.
Maui timeshare visitors showed the longest length of stay at 10.2 days. There were a total of 70,042 timeshare visitors to Maui from January through March. This is 4.5% higher than last year.
61% of the timeshare visitors were owner occupants. 15% were exchangers. 13% were owners/exchangers who stayed past their allotted time and 9% were market use.
Maui County timeshare properties that provided data reported $8.5 million in taxes during the first quarter.
Enjoy the holiday!
Have a wonderful week!
Ken, Melissa, Greg and Lindsey
P.S. - Queen Kaahumanu Cares initiative was unveiled last weekend during their Summer Festival featuring keiki activities. Pictured in the article is Lilinoe Smith (Melissa and Greg's youngest daughter) tracing a picture to transfer it to foil that she can color later.
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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501 (306)
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197 (45)
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1140 (261)
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+12 |
Condos
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574 (170)
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299 (42)
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1617 (245)
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-8 |
Land
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298 (104)
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44 (16)
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251 (25)
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+9 |
Total
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1373 (600)
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540 (103)
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3008 (531)
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+13 |
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
2418 Aikane Place
Haiku
$1.079M (FS) |
Enter this gated private estate welcomed by giant queen palms lining the driveway. A secret sanctuary off the beaten path, offering indoor/outdoor living at its finest. The entire property is filled with ideas implemented that tantalize the senses.
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1001 Kauhikoa Road
Haiku
$1.099M (FS) |
Totally refurbished home and cottage on 2 flat usable acres with Ocean Views. Remodeled in 2017 and 2018, the light and bright main home has open ceilings, new wood flooring, new stainless steel appliances, interior and exterior paint.
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357 Kului Way
Kaanapali
$1.699M (FS) |
All 4 bedrooms have ocean and outer island views. Upgrades include granite countertops in kitchen and downstairs bathrooms, fully owned PV electric system, new security system, stainless Thermadore appliances, and exotic Curupay hardwood flooring. Dual zone central A/C. Two minute trips to Whaler’s Village, Ka’anpaali Beach, as well as the Kai and Royal courses are enjoyed best by golf cart.
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1555 West Kuiaha Road
Haiku
$2M (FS) |
Situated on a flag lot, surrounded in mature landscaping and perched on a massive wooded valley, this estate property has ultimate privacy. The sweeping circular driveway provides access to two full-size main homes! Built before the newer codes, this property has TWO legal main houses and has been successfully operating as a licensed vacation rental for years.
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1544 Halama Street
Kihei
$4.395M |
Situated on Maui's South/West leeward coastline, in the resort climate zone, known for its dependable fabulous weather, Halama Street is a revered oceanfront neighborhood. Over the past twenty years many of the older properties have been renovated or replaced by new oceanfront homes.
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Homes Under $1M
5111 Hanawai Street
Napili
$600K (FS) |
This heavenly 3 bed, 1 bath Napili house is in like new condition, inside and out. This home has been renovated and upgraded with love. You can see the pride of ownership and feel it as you walk through the manicured yard and though the whole house.
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18 Hapuna Place
Wailuku
$680K (FS) |
Experience this beautiful single level, newly updated home in Kehalani. Central and conveniently located for all your daily needs. Spacious yard in a private cul-de-sac with travertine back patio (covered), great for entertaining. Highly flexible floor plan and lots of ample parking to allow for large families or multiple mother-in-law quarters.
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757 Kakalina Place
Wailuku
$985K (FS) |
Perched atop of the highly sought Wailuku Heights subdivision is this amazing 4 bed, 3.5 bath property located at the end of a cul-de-sac situated as a flag-lot, offering great privacy and unobstructed bi-coastal and Haleakala views.
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Vacation Condos Over $1M
Maalaea Surf #E-5
Maalaea
$1.2M (FS) |
Look at this clean 2 bedroom, 2 bath at Maalaea Surf. this upstairs unit, with great ocean views, vaulted ceilings, northwest facing lanai to take advantage of the trade winds. This unique, oceanfront complex has the amenities vacationers are looking for, 2 pools, tennis courts, shuffleboard, clubhouse, BBQ and miles of sandy beach.
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Kaanapali Alii #1-502
Kaanapali
$1.695M (FS) |
Inner courtyard side ocean view 1 bed, 2 bath plus den unit. You are getting a popular ocean view courtyard side unit at mountain view unit prices. View the ocean and complete courtyard, pools view from this South facing unit.
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Mahana #519
Kaanapali
$1.85M (FS) |
The Mahana #519, elevating the standard of living on Maui. Fabulous oceanfront 2 bed, 2 bath condo, very rare corner end unit offers breathtaking views of Molokai and Lanai. This is a gorgeous unit on the south side of the Lanai Tower with stunning views past Black Rock.
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Vacation Condos Under $1M
Residential Condos Over $1M
Kanani Wailea #23
Wailea
$1.048M (FS) |
There are satisfying ocean and West Maui Mountain views from this light-filled 1984 s.f. unit which boasts 9 ft. ceilings and central A.C. You enter thru double, solid wood, 8 ft. tall paneled doors into the two story living room. The ground floor spacious gourmet chef's kitchen features granite counters with fine quality, German designed, Leicht soft-close cabinetry.
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Hokulani Golf Villas #31
Kihei
$1.4M (FS) |
Spectacular single level property nestled in prestigious gated community in South Maui. The position and the choice location of this 2 bed, 2 bath stand alone home brings You stunning year round sunsets, very privately situated and secluded from the rest of the villas.
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Residential Condos Under $1M
Puuone Towers #201
Wailuku
$179,950 (FS) |
Bank Owned - Great opportunity to own an affordable 2 bed, 1.5 bath condo in Puuone Towers, a 90 unit condominium building located close to shopping, restaurants, Maui Community College, Wailuku business district, and the beach.
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Villas at Kenolio #6F
Kihei
$449,995 (FS) |
Beautiful 3 bed, 2 bath ground floor with ac units and 2 assigned parking spaces with washer and dryer. This complex offers beautiful landscaped grounds with a large pool, gym, spa, recreation area, showers, bbq and playground. Short walk to the beach. Pet friendly complex. Enjoy the cool breeze on your lanai.
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Hale Kanani #2-206
Kihei
$565K (FS) |
Absolutely clean and neat as a pin 3 bed, 2 bath condo at much sought after Hale Kanani across the street from Kihei's famous Cove Park and centrally located to dining, shopping and all ocean activities.
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Vacant Land
30 Kamila Street
Kula
$399K (FS) |
2018
Beautiful large lot for your dream home. On a good day, you are nestled at the slopes of Haleakala. Raise fruit trees, live off the land with your own vegetable garden.
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0 Haleakala Highway
Kula
$475K F(S) |
Sitting at 4000 ft elevation this lot has ocean views, and is currently zoned Rural 0.5 acre with a county water meter. (One single family dwelling per one-half acre in the RU-0.5 districts). Create an ocean view residence with privacy inside the mature forest that is there, grow crops in the amazing Kula soil, or develop/subdivide the property.
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