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Aloha
Market Update
The number of visitors to Maui last year was a record high. According to the Hawaii Tourism Authority 2.6 million visitors traveled to Maui in 2016, that is 3.9% higher than 2015. Visitor spending was also a record high at $4.5 billion, 8.1% higher than the previous year.
70% of people who traveled to Maui were repeat visitors which shows that their experiences here make them want to return year after year. Virgin Airlines added new direct flights to Maui last year which contributed to the number of airline seats to Maui increasing by 2.8%.
Last month visitors from the East coast increased by 8.9% and visitors from the West coast increased by 5.2%. Visitor numbers from Japan and Canada have both declined.
Statewide, the Hawaii Tourism Authority reported 8.9 million visitors to Hawaii last year and a total spending of $15.6 billion. This is the fifth straight year of record growth and forecasts show continued growth.
With the new 200 room Marriott Residence Inn in Wailea opening up last year and the 390 room Westin Nanea Ocean Villas in Kaanapali to open soon hotel-wise Maui can keep up with this sustained growth. The island is struggling to keep up as far as infrastructure as we continue to see increases in traffic island-wide especially along the Pali.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa, Greg and Lindsey
P.S. - Super Bowl Sunday, watch the big game on dual screens at the Maui Arts and Cultural Center. The viewing party will feature live music by Willie K and food trucks Maui Hamburger Co. and Like Poke.
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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567 (335)
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176 (28)
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1068 (223)
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+6 |
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Condos
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833 (200)
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231 (29)
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1322 (178)
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+1
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Land
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377 (146)
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37 (7)
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168 (22)
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+9 |
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Total
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1777 (681)
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444 (64)
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2558 (423)
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+16 |
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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
2036 Kamaile Street
Wailuku
$1,199,900 (FS) |
Spectacular views and setting in the beautiful area of Wailuku Country Estates. Impeccable design and quality of construction are the benchmarks for this custom estate property with a comfortable, homey feel. Large, open rooms with very high ceilings, plenty of cross ventilation to enjoy those gentle Trade Winds and cool tile floors throughout this 5 bed, 3 bath home.
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381 Pualoa Nani Place
Wailea
$1.595M (FS) |
Gorgeous 4 bed, 3 bath executive home in desirable Wailea Pualani Estates. Open, flowing floor plan, great for family and/or entertaining. Granite counters, Chef's kitchen with 6 burner gas range with hood, stainless steel appliances and lovely cabinetry. Large, sparkling swimming pool with waterfall and Jacuzzi tub.
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3142 Kikihi Street
Wailea
$2.995M (FS) |
Short Sale - The tranquil ocean and West Maui mountain views are yours from this spaciously constructed 4 bed, 4.5 bath home in the well located Wailea Kialoa Community. Incredibly large living area with built-in desk and sitting areas also includes Fleetwood Double Pane doors opening onto large lanai with private pool.
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16 Malukai Lane
Wailea
$7.495M (FS) |
Maluhia at Wailea is a rare gated enclave of just 14 exclusive residences situated along Wailea's revered Mokapu Beach. "Pu'u Hale", Residence Two, enjoys lovely ocean, outer island and West Maui Mountain views. Upon crossing the stream via the quartzite tiled bridge you enter through two mahogany and copper gates to find this beautiful stucco and white coral clad lushly landscaped 4 bed, 5 bath residence situated upon .46 acres.
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Homes Under $1M
66 Kumano Drive
Pukalani
$399K (FS) |
This lovingly renovated 2 bed, 1 bath cottage has an ample kitchen with all new wood cabinetry, granite counters, island, new fixtures, new lighting and brand new stainless appliances. Bathroom also includes new wood cabinets and granite. New flooring, lighting, fans, windows and fresh paint inside and out.
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2433 West Vineyard Street
Wailuku
$425K (FS) |
A 2 bed, 1 bath 784 sq ft family home located in the town of Wailuku near shopping, dining and medical facilities.
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48 Wawali Street
Kihei
$575K (FS) |
Short Sale - Wonderful single level home in Kihei’s Piilani Villages 3. This is the popular “C” floorplan that is in the heart of Kihei with easy access to shopping, dining and beaches. This home features 3 beds, 2 baths, has a fenced yard and two car garage.
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1082 Makaala Drive
Wailuku
$580K (FS) |
This well cared for property offers a floor plan that enables an extended family to live in two private areas under one roof. The front area consists of 3 beds, 2 baths on one level, while the back area also consists of 3 beds, 2 baths (with an additional 1.5 bath) and a fun floor plan with three different levels and a private entry, yard and covered patio.
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163 Alalani Street
Pukalani
$800K (FS) |
Timeless Lindal Cedar home with beautiful ocean views on over half acre of land in Upper Pukalani Terrace. 2 bedroom cottage sits at the bottom of the property and also has fabulous ocean views. There is a very ample 2 car garage and studio below the main house.
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Vacation Condos Over $1M
Mana Kai #212
Kihei
$1.29M (FS) |
This beautiful, freshly renovated 2 bed, 2 bath unit is a great value in the amazing Mana Kai. Sitting on the best beach in Maui, Keawakapu Beach, which stretches for almost 2 miles. Amenities include a new exercise room and office center, beachfront pool and 5 palms restaurant on site.
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Polo Beach Club #108
Wailea
$1.678M (FS) |
Enjoy the gorgeous ocean view from this private ground floor location. This special 2 bed, 2 bath unit feels more like a personal home while enjoying the oceanfront amenities of Polo Beach Club. Nicely decorated with a great rental history, this unit is perfect for the family or couple who want to enjoy their oceanfront investment while taking advantage of the nightly rental option.
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Wailea Point #1302
Wailea
$4.85M (FS) |
Walk into this beautiful front-row Wailea Point home and you immediately look to the ocean. Gorgeous views of Molokini, Kahoolawe and lanai abound from this spacious luxury 2-story home in the heart of Wailea Resort. Elevated 60 feet above sea level, this 2 bed, 3 bath home offers privacy and views, with Wailea Beach and Polo Beach just steps away.
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Vacation Condos Under $1M
Kihei Kai Nani #240
Kihei
$329.9K (FS) |
Beautiful 1 bed, 1 bath Kihei Kai Nani unit directly across from the pool. Recently updated and sold completely turnkey, ready for you to start enjoying or renting out to others as an investment. The bathroom has been completely renovated. Kihei Kai Nani is perfectly located across the street from the glassy waters of famous Kamaole Beaches and the many dining and shopping options within close walking distance.
Customer Listing Synopsis
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Kauhale Makai #333
Kihei
$479.9K (FS) |
Wow what an amazing location on the ocean. This renovated 2 bed, 2 bath unit has much to offer including updated amenities and sweeping ocean views. This unit is close to the beach, the pool and provides an ideal vacation rental opportunity and potential second home. HOA includes all utilities except for phone/internet.
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Sugar Beach Resort #122
Kihei$669K (FS)
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Ground floor, beachfront condo at the Sugar Beach Resort. This 1 bed, 1 bath unit is sold with all the furnishings and future rentals. Leisurely strolls along miles of white sand beach. Watch the whales from your lanai, cool off in the beachside heated pool. Other amenities include, Jacuzzi, sauna, beach BBQ area and putting golf course.
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Residential Condos
Puuone Hale Alii #206
Wailuku
$159K (FS) |
Enjoy the cool breezes of Wailuku in this upgraded 1 bed, 1 bath unit at Puuone Hale Alii. Beautiful West Maui and Ocean views and close to all the amenities of Central Maui including shopping, medical, War Memorial Sports complex and YMCA.
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Kehalani Gardens #705
Wailuku
$399K (FS)
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Excellent opportunity to own a 3 bed, 2.5 bath residence in Central Maui. Kehalani Gardens is located on the foothills of the West Maui Mountains and is a well-kept and desirable community located directly across the street from a park. Two-story living with the kitchen, living, and dining on the ground floor and all bedrooms on the second floor. Enjoy your own fenced backyard with mature landscaping and a 5 ft. privacy wall perfect for gardening, grilling, or just hanging out.
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Gardens Upcountry #5
Pukalani
$529.9K (FS) |
This beautiful and immaculate two story town house features high open ceilings with a full wall of windows to let in sunlight. Enjoy cool breezes throughout two full floors with spacious living room, kitchen/dining area, laundry room and half bathroom downstairs. The kitchen leads out to the covered back patio and lush back yard space.
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Kai Malu #28B
Wailea
$1,499M (FS) |
Rare Opportunity to own 3 bed, 2.5 bath Kai Malu home with direct ocean views from downstairs master bedroom. Convenient, easy access from attached 2 car garage into the kitchen, pantry and living room area. Enjoy year round direct sunsets from your covered Lanai after taking a dip in your private hot tub.
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Vacant Land
0 Hookili Road
Haiku
$385K (FS) |
Build your main house on this 1.3 acre CPR property in the Peahi Hui agricultural subdivision in Haiku. Underground utilities, ocean and mountain views make this both affordable and desirable. Easy access to Hana Highway allows for quick trips to shops, restaurants and beaches of Paia. Enjoy all that the North Shore has to offer.
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738 Awalau Road
Haiku
$450K (FS) |
Beautiful 2.11 acres with ocean and Haleakala views. Two house pads in place. Cleared and ready to build with building permits in place. Top of Awalau Road in a gated community. Corner lot at the end of a cul-de-sac, a must see!
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