|
Aloha
|
In this newsletter:
|
Dream Luxury Home
3919 Waakaula Place
Wailea
$4.5M (FS)
|
Homes Sales Are Climbing With Lower Mortgage Rates
The rate of home sales is picking up, especially compared to last year at this time. The number of homes in contract across the country has risen for the last few weeks. Purchase mortgage applications are up for five weeks in a row. It seems like mortgage rates getting closer to 6% is starting to shake loose a few transactions.
These are small moves, and it’s early. It’s not a big rush of home sales. But we’re finally starting to see some movement.
Altos Research is the premier resource for real-time real estate data. We provide weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions.
Featuring Mike Simonsen, President of Altos Research
A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. Altos provides national and local real estate data to financial institutions, real estate professionals, and investors across the country, and the company is now part of HW Media, publisher of HousingWire and RealTrends. Mike uses Altos data to identify trends in the real estate market well before the headlines, and his work has been featured in the New York Times, The Atlantic, Fortune, Forbes and other publications.
"For more information on this topic, I recommend visiting their YouTube channel." Please click here.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Maui photo enthusiasts capture images of Comet Tsuchinshan-Atlas.
Market Watch
| |
Active
|
Pending
|
Sold
|
Change
|
|
Homes
|
335 (289)
|
132 (104)
|
736 (530)
|
-2 |
|
Condos
|
704 (291)
|
73 (31)
|
893 (388)
|
-4 |
|
Land
|
178 (74)
|
34 (13)
|
182 (78)
|
+1 |
|
Total
|
1217 (654)
|
239 (148)
|
1811 (996)
|
-5 |
|
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.
|
|
Homes Over $1M
264 Mehani Circle
Kihei
$1.25M (FS) |
If you need room this is the home for you, over 2400 sq. ft. of living. Not only 3 bed. 2.5 baths, you get a huge bonus room above the garage with a Haleakala view. A very large room on the first floor with exterior access, and another extra room on the first floor. Open floor plan flows through living room, dining room, kitchen and doors out to the covered patio and big backyard.
|
79 Wena Place
Napili
$1.45M (FS) |
This charming duplex home located in Napili, offering a large open beam ceiling in the living area. Open the sliding doors to let in the cool Napili breeze. These living room photos have added in a virtual couch. With 2 bedrooms facing the park like setting of the backyard, it is a nice and peaceful feeling.
|
3051 Omaopio Road
Kula
$3.4M (FS) |
This 4,410 sf home with 5 bedrooms and 5.5 bathrooms on 5 acres of prime Kula ag land offers breathtaking bicoastal views. A spectacular palm-tree lined driveway sets a magical scene for this special Maui property that includes 5-car garage parking, pool & a farm building.
|
Homes Under $1M
3576 Kalua Place
Makawao
$675K (FS) |
Located in the heart of Makawao that is known for having all the charm of a cowboy town complete with its famous 4th of July Makawao Rodeo and annual parade. Explore the many exciting shops and restaurants that are just a short stroll from the location of this old but charming house.
|
2131 Kuamo'o Place
Wailuku
$800K (FS) |
This 3 bedroom 1 bath 1224 square foot home on a 6007 square foot lot, needs some TLC. Effective year 1961, some remodeling was done 2002. Also included is a bonus room with a half bath for extra rental income or guest. Fenced in back yard and lots of storage space. Beautiful mountain views close up and quiet neighborhood.
|
1119 Onaha Street
Wailuku
$899K (FS) |
The property highlights a 3 bedrooms, 2 bathrooms, and a Study/Den with open-concept layout that has endless possibilities. The spacious lot is perfect for BBQs and hosting parties. Minutes from shops, restaurants, beaches, hospitals, airport, and golf courses. Enjoy a cool climate and serene ocean views.
|
Vacation Condos Over $1M
Papakea Resort J-401
Honokowai
$1.099M (FS)
|
Beautiful top-floor, corner unit with stunning ocean views that is well-maintained with yearly improvements. Most recently, new LVP flooring was installed throughout the condo, along with double-pane windows, new furniture, and a tri-zone split unit air conditioning system.
|
Kamaole One 10
Kihei
$1.5M (FS)
|
This unit has been a popular vacation rental for many years. Kamaole One, a boutique building with only 12 units total, comes with covered parking. Watch the whales and colorful sunsets right from the lanai. All furnishings, artwork, linens, kitchen supplies, beach chairs and other beach supplies are included. The upstairs master loft bedroom has a king size bed, full bath, and amazing beach and ocean views.
|
Wailea Elua 708
Wailea
$3.999M (FS)
|
Stunning 2 bedroom, 2 bathroom top-floor condo with breathtaking ocean views. Located in the highly sought-after Wailea Resort, this fully furnished vacation rental unit features high vaulted ceilings, recessed lighting, and two separate lanais to enjoy Maui's incredible sunsets.
|
Vacation Condos Under $1M
Kalama Terrace L-204
Kihei
$565K (FS) |
This condo features a newer gas stove and refrigerator, along with granite counters in the kitchen and updated wood cabinets, tiled shower walls, and tiled floors throughout. Enjoy the view of the peaceful grounds from your covered lanai area. Unit comes fully furnished.
|
Kulakane 312
Honokowai
$775K (FS) |
Welcome to this tastefully upgraded 2 bedroom, 2 bath oceanfront condo, where modern luxury meets island paradise. Zoned for business and offering breathtaking, direct ocean views, this is your front-row seat to spectacular sunsets and seasonal whale watching. The interior features brand new vinyl flooring, adding a fresh and contemporary touch.
|
Kihei Resort 205
Kihei
$777K (FS) |
This intimate Beautiful resort has 64 units and is lushly landscaped with manicured Japanese Zen Gardens, pool and is directly across the road from a nice long stretch of beach. Fully Remodeled Kitchen and partially remodeled bathrooms in 2024, new appliances in 2022. Come experience this serene tropical Hawaiian setting.
|
Maui Kamaole F-209
Kihei
$999.9K (FS) |
This 2 bedroom, 2 bathroom condo is in close proximity to the upper, tropical pool and tennis courts. This property is very well kept, it has an insulated ceiling which really lowers the electric bill. You do not want to miss this one.
|
Residential Condos Over $1M
Kanani Wailea 17
Wailea
$2.38M (FS)
|
Where luxury meets comfort in this stunning 3 bedroom, 2.5 bathroom ocean view single family residential condominium. With only 38 stand alone units in the gated complex this exquisite Wailea home offers a perfect blend of island living, modern elegance and privacy. The open and spacious travertine flooring seamlessly integrates the living, dining, and kitchen areas.
|
Residential Condos Under $1M
Harbor Lights D-123
Kahului
$205K (FS)
|
Ground floor unit at Harbor Lights, featuring a generously sized interior with notable upgrades, including a modernized kitchen and new windows throughout. The living room and bedrooms are both spacious, providing comfortable living areas. This is a fantastic opportunity to own Real Estate on Maui.
|
Southpointe at Waiakoa 14
Kihei
$509K (FS)
|
Charming 2 bedroom, 1.5 bath upper level condo in the much sought-after Southpointe complex of Kihei. Great maintenance makes this complex lush, clean and reflective of Maui greenbelts. Less than a 5 minute walk to the shore, and close to quite a few popular destinations, this unit has views of Haleakala from the front entry and experiences wonderful breezes from the soft Maui trade winds.
|
Kihei Villages 49-201
Kihei
$534.9K (FS)
|
This stunning 2 bedroom, 1.5 bath upstairs unit is perfectly located steps away from Kenolio Park and within walking distance to Sugar Beach. With no road noise, this unit is perfect for anyone seeking a peaceful and tranquil retreat. This unit has been updated with porcelain tile floors in the kitchen and baths, recessed lighting in the kitchen.
|
Iao Parkside 27-204
Wailuku
$629K (FS)
|
This gorgeous 2 bedroom, 1 bath completed remodeled upstairs unit features luxury vinyl plank flooring throughout, which gives it a modern and sophisticated feel. The newly renovated kitchen and bath boast light wood cabinetry and elegant granite countertops. You'll love the brand new stainless steel appliances in the kitchen that provide both style and convenience.
|
Vacant Land
Ehehene Street Lot 3
Olowalu
$975K (FS)
|
Rare mostly level lot located just off of Highway 30 in Ukumehame of just over 7 acres. This Agriculturally zoned property has not been CPRd. Striking views of the mountains and valley behind create the perfect backdrop for making this large property productive. Private water and HOA fees apply.
|
|
