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Aloha
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In this newsletter:
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Modern Makena Masterpiece 
5065 Makena Road
Makena
$12.995M (FS)
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Maui Single-Family Home Prices Rise to $1.35 Million in June While Condos Remain at $980,000
The price of a single-family home in Maui County soared to $1.35 million in June, up 30.8% over the same month last year, the Realtors Association of Maui reports. Meanwhile, condos remained virtually unchanged at $980,000.
Sales volume showed some volatility, with condo resales dropping 36.6% from 93 in June 2023 to 59 last month, the association said. For single-family homes, sales volume went down 9.7% (72 to 65 units) for the same time period.
“Maui’s housing market presented a mixed bag of trends in June,” RAM President Steve Baker said. “While we observed a slight decline in single-family home sales, the median sales price for these homes experienced a significant surge, indicating a strong demand for single-family homes on the island. In contrast, condo sales decreased by 36.6%, highlighting the dynamic nature of our housing market, influenced by various factors including economic conditions and buyer preferences. As we move forward, our focus remains on providing valuable insights and support to our members and the community at large.”
The association said that new listings increased 17% for single-family homes and 9.8% for condominium homes. Pending sales decreased 25.4% for single-family homes and 40.4% for condominium homes. Inventory increased 25.8% for single-family homes and 198.2% for condominium homes.
Days on market increased 4.4% for single-family homes but decreased 6.3% for condominium homes, the association reported. Months supply of inventory increased 33.3% for single-family homes and 259.3% for condominium homes.
The association’s metric for housing affordability sunk to an index figure of 29 for single-family homes in Maui County, falling 25.6% from June 2023 and matching the lowest index point hit in October 2023. For condos, the index was 40 in June, down 2.4% from the same month last year and off five index points for the 12-month average of the year.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), Gregory Smith R(B)
The Smith Team
P.S. County Council gives final approval to larger farm dwellings, expanded circuit breaker program.
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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353 (308)
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125 (95)
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757 (537)
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+13 |
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Condos
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685 (320)
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99 (42)
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950 (380)
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+14 |
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Land
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186 (82)
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24 (3)
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188 (82)
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NC |
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Total
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1224 (710)
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248 (140)
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1895 (999)
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+27 |
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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 the number of active listings from the previous week.
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Homes Over $1M
170 Mehani Circle
Kihei
$1.25M (FS) |
This beautifully maintained, renovated 3 bedroom, 2 bath home offers comfort and convenience in one of Maui's most sought-after zip codes. Enjoy eco-friendly living and reduced utility costs with the fully owned photovoltaic.
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545 Halalai Place
Kihei
$1.375M (FS) |
The home features reverse living where the kitchen, dining and living room are upstairs, allowing you to enjoy the views where you’ll be doing most of your living. There is beautiful bamboo flooring in the main living areas. The spacious kitchen has a spectacular view of Haleakala, stainless steel appliances and an island with bar seating.
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155 Naalae Road
Kula
$1.699M (FS) |
This property offers not just one home but 2 homes. Both are 3 bedrooms and 1 bath with 960 sq ft. Perfect for multigenerational living or rental opportunities. This property is bordered by Haleakala Ranch, providing serene and picturesque landscape , offering a sense of seclusion. Relish in the abundance of fruit trees, including Avocado, Guava and Banana trees, right in your backyard.
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5791 Lower Kula Road
Kula
$3.295M (FS) |
Enjoy the breathtaking bi-costal views from the spacious 825 sq. ft. deck of this exquisite Kula property. The primary residence spans 2,885 sq. ft. and features vaulted ceilings, custom cabinets, and a charming stone fireplace. Downstairs offers an additional 1,270 sq. ft. with its own outside entry, perfect for creating multiple living areas to suit your lifestyle.
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Homes Under $1M
5170 M Hanawai Street
Napili
$799K (FS) |
Welcome to this 3 bedroom 1.5 bath home in the heart of Napili. Quaint, original detached home, may need some updating. Home has a 1 car-carport and 1 additional assigned parking space. Great location close to dining, beautiful Napili Park & beaches.
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93 Maluhia Drive
Wailuku
$800K (FS) |
Charming and meticulously cared for 3 bedroom, 2 bathroom home, spanning 936 square feet in historic Wailuku. Step through the front door and be embraced by the inviting ambiance of a beach house. The great room, featuring beautifully refinished concrete floors, is bathed in natural light, creating a bright and spacious atmosphere.
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208 North Market Street
Wailuku
$949K (FS) |
Great multi living or rental opportunity awaits you with this 5 bedroom 3 bathroom 2 story home. Leased Photovoltaic System was installed in 2023. New owner will assume the lease. Property is an inheritance and there will be no further repairs or improvements by the Seller.
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193 North Church Street
Wailuku
$990K (FS) |
Feel the charm of this 1940s home invite you in. Single-level 3 bedroom, 2 bath home offers studio lockoff for multi-family living or additional income. Low-maintenance, fenced yard great for kids or pets. Convenient downtown Wailuku location walking distance to restaurants and shopping as well as Wailuku town parties.
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Vacation Condos Over $1M
Valley Isle Resort 408-B
Kahana
$1.099M (FS)
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This enchanting oceanfront abode features 2 bedrooms, 2 ensuite bathrooms and is just steps from the beach. Fresh new paint throughout the entire unit. With two private lanais overlooking the water, this spacious single level residence opens to awe-inspiring ocean views from your primary bedroom and spectacular postcard sunsets from your living room.
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Wailea Ekahi 6-F
Wailea
$1.6M (FS)
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This unit features a recently updated kitchen, private corner location with ocean views over the edge of the property, and a flexible 1 bedroom 2 bath floor plan making it easy to have guests. Natural light is abundant in unit 6F with a variety of windows spaced throughout the condo.
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Hoolei J-2
Wailea
$5.595M (FS)
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This spacious two-story, 3 bedroom, 3.5 bath townhome-style Villa has 2,426 square feet of living area and is gracefully located on the desirable third row in the heart of one of Wailea's most sought after vacation communities. Unit is perfectly positioned to maximize ocean views, while offering an exquisite sense of privacy and seclusion.
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Vacation Condos Under $1M
Paki Maui 114
Honokowai
$525K (FS) |
Discover the perfect retreat in this premium 1 bedroom unit at the oceanfront Paki Maui complex. Remodeled and tastefully decorated, this unit is nestled in a tropical garden setting with views of the atrium and the soothing sounds of a waterfall. Currently utilized as a short-term rental, this popular complex offers a range of amenities.
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Kamaole Sands 5306
Kihei
$699K (FS) |
Create your own cherished memories in this charming 1 bedroom, 2 bath condo at Kamaole Sands. This updated unit features. Enjoy the comfort of tile floors and refreshed showers, adding a touch of elegance to your Hawaiian getaway. Relax on your lanai and soak in the lush greenery of the resort grounds, with a glimpse of the sparkling ocean.
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Napili Bay 210
Napili
$699K (FS) |
Perfectly positioned to capture breathtaking views, offers unparalleled access to the powdery sands of Napili Bay, just steps away. This idyllic retreat is a haven for beach enthusiasts seeking a seaside escape. Fully renovated, the well-equipped full kitchen is offered fully furnished and turn-key. With the beach just beyond your window.
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Maui Kai 106
Honokowai
$742.5K (FS) |
You can touch the ocean from this easily accessible ground floor property. Maui Kai is a small intimate high rise with great amenities, including a heated pool, jacuzzi, barbeque area and game room. Year-round sunsets between the neighbor islands Lanai and Molokai are unsurpassed.
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Residential Condos Over $1M
Ke Alii Ocean Villas K-102
Kihei
$1.425M (FS)
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Offering low density, quality construction, numerous amenities, & close proximity to beautiful beaches. This 1,233 s.f., 2 bedroom, 2 bath, ground floor, "turn-key" furnished unit, with an extra-large covered lanai, is exceptional. The spacious living & dining areas have noticeable high ceilings & open to the covered lanai in a tropical garden setting.
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Hokulani Golf Villas 18
Kihei
$2.295M (FS)
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This stunning residential condominium at Hokulani Golf Villas offers luxurious living with breathtaking ocean views from the living area and the upstairs second bedroom. Designed with elegance and comfort in mind, this home features a wine cooler, granite countertops, and a spacious, open floor plan. The main bedroom, complete with a walk-in closet, is conveniently located on the main level.
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Kai Malu 43-B
Wailea
$2.75M (FS)
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Beautifully remodeled in 2024, this 3 bedroom, 2.5 bathroom home offers unparalleled privacy, a spacious outdoor area and breathtaking views of the ocean and outer islands. Step inside to discover an open-concept kitchen and living room, perfect for both entertaining and everyday living. Wide plank oak flooring graces the upper and lower levels, adding warmth and elegance throughout the home.
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Residential Condos Under $1M
Kihei Shores D-204
Kihei
$529.9K (FS)
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Bank Owned. Top floor Kihei Shores Unit. Close walk to South Maui beaches, parks and restaurants. Unit in turnkey condition and has a stackable washer/dryer closet. 2 bedrooms and 2 full bathrooms. Complex features in ground pool, hot tub and kids pool.
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Southpointe at Waiakoa 31-204
Kihei
$535K (FS)
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This second story 2 bedroom 2 bath unit is located in the south end of the Southpointe complex. The generous sized lanai looks out to Haleakala and a small ocean view, it's a great place for your morning coffee or evening dining. Updates that have been made to the condo in the last few years include, new appliances, lighting and paint.
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Keonekai Villages 18-204
Kihei
$639K (FS)
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Discover the ultimate Maui lifestyle in this tranquil 2 bedroom, 1.5 bath home nestled in a quiet corner of Keonekai Villages near Kamaole Beach Park III. As you walk into this bright and airy second floor condo, you are greeted with cool AC, an open concept floor plan and beautiful views of mature landscaping dancing through each window.
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Vacant Land
80 Kehalea Place Lot B
Olowalu
$599K (FS)
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This 1-acre lot offers a dreamy setting for your Maui dream home. The land is ideally located across the street from Ukumehame Beach Park, making it a prime location, centrally positioned between the Kihei, Maalaea Harbor, and Kaanapali. The lot already has underground utilities in place, so it is primed for building your Maui dream home.
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