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Issue 346 |
October 20th, 2009
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Market Update
The fall months is normally
a transition period where sales fall off, but this year we are running
well ahead of last year. In fact, there were as many new escrows for the
first half of October 2009 as there were for the full month in 2008.
Given the recent strength of the Canadian dollar vs. the U.S. dollar, we expect to see this giving added impetus to the recent increase in sales. When the snow starts flying, things are going to really heat up on Maui.
Prices will not increase dramatically right away, but we do expect to see a general firming up in prices.
Have a wonderful week.
Mahalo Nui Loa,
The Smith Team
Gregory P. Smith R (B), Melissa Smith R (B), Ken Smith R (S), Jeremy Smith R (S)
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Market Watch for October 19th, 2009
| Active | Pending | Sold | Change |
Homes | 912 (384) | 197 (27) | 650 (84) | -2 |
Condos | 1421 (249) | 153 (9) | 735 (148) | -19
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Land | 571 (172) | 42 (11) | 87 (30) | +6
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Total | 2904 (805) | 392 (47) | 1472 (252) | -15 |
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
357 Kului Way
Ka'anaplai
$1.599M (FS)
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Fabulous 3 bedroom 3 bath fully
furn. home. Fireplace, cherry wood
cabinets, granite counters, S/S appliances, and a great pool area. Year round sunsets and spectacular ocean views.
Customer Listing Synopsis
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4472 Makena Road
Makena
$32M (FS)
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Unlock the doors to one of Maui’s most spectacular and sought after oceanfront
estates in Makena. This private
and secluded property has 3 separate custom residences totaling over 5,000 sq. ft. of
living area.
Customer Listing Synopsis
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Homes Under $1M
636 Kainalu Place
Wailuku
$314.9K (FS)
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Bank Owned. Nice single family starter property.
Customer Listing Synopsis
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192 Kapuahi Street
Makawao
$679K (FS)
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Big house & cottage in Makawao. Main home is two story with 6 bedrooms 5
baths. Fairly new kitchen cabinets, large master bedroom
with walk-in closet, Jacuzzi tub & double vanity sink. Detached 2 bedroom 1
bath cottage.
Customer Listing Synopsis
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25 Ala'apapa Place
Pukalani
$798K (FS) |
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Special golf course home with vaulted ceilings and magnificent views of
Haleakala and down country. The 3 bd. 2 bath home is designed for easy
living. The French doors lead to a den/ video/office.
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347 Holopuni Road
Kula
$835K (FS)
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Great Lower Kula location in desirable Kula Glen offering the ideal Island
climate at the 2300’ elevation. The beautifully upgraded kitchen, the apex of
the home, is open to the living areas making entertaining a pleasure. All three full baths have been renovated.
Customer Listing Synopsis
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Vacation Condos Over $1M
Ho'olei F-4
Wailea
$2.199M (FS)
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Short Sale. Ho’olei O-4 is the best-priced Plumeria floor
plan left in the entire community! This home is brand new, and has never been
occupied. Located just minutes away from the world-renowned Grand Wailea Resort
and Spa, Ho’olei truly represents the “latest and greatest” that Wailea has to
offer.
Customer Listing Synopsis
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Vacation Condos Under $1M
Kauhale Makai #109
Kihei
$329K (FS)
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Oceanfront 2 bd. 2 bath. Preferred ground floor, inner
courtyard, near pool and jacuzzi. Nice upgrades and condition. Central air and electric included in monthly maintenance fee.
Customer Listing Synopsis
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Lahaina Roads #208
Lahaina
$383.7K (FS) |
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Bank Owned. Gorgeous views of the ocean from this unit, enjoy sunsets every evening!
Building
has one elevator and conveniently located on the less congested side of Front
Street.
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Luana Kai D-203
Kihei
$400K (FS) |
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Short Sale. 2 bd. 2 bath remodeled oceanfront condo. The views don't get better than this. Tile floors, granite counter tops & new
furniture.
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Residential Condos
Kamoa Views #201
Kihei
$160K (FS) |
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Motivated seller! Ocean view, pool view, and easy to show.
Customer Listing Synopsis
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Iao Parkside 46-105
Wailuku
$190K (FS) |
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Short Sale. Now is the time to buy this renovated ground floor unit. New ceiling
fans, appliances and ceramic tile floors are just a few of it's highlights.
Customer Listing Synopsis
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Kai Makani 34-203
Kihei
$369.9K (FS) |
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Bank Owned. Lovely 2 bd. 2 bath unit across the road from "Mai Poina" (Windsurf Beach). Barely
lived-in. Close to shopping and commuter line.
Customer Listing Synopsis
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Wailea Palms #2503
Kihei
$699K (FS) |
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Wailea Palms best priced 2 bd. 2 bath fully furnished upgraded condo with partial
ocean view. New appliances, remodeled kitchen and all new
tiled floors.
Customer Listing Synopsis
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