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Aloha Valued Subscriber
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In this newsletter:
Short Sales
Homes
Condos (0)
Land (0)
New Properties (0)
Price Reductions
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Maluhia at Wailea
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Market Update
Realtors Association of Maui recently published the new market statistics for August 2018. According to the National Association of Home Builders, rising home prices, higher interest rates, and increased building material costs have pressured housing affordability to a ten year low.
Wailuku had the highest number of single family home sales with 26 units in the month of August and Kihei came in 2nd with 20 units sold. Kihei had the highest number of condo units sold last month with 51 and Napili/Kahana/Honokowai had 32.
Overall, both the change in number of closed sales and median sales price for all properties have increased by 14.9 % and 13.4 %. The number of homes for sale for all properties has decreased by 15.9 %. Prices are still reaching upward due to our low inventory.
Please go to the Market Statistics section under Market Watch to view June and July 2018. Feel free to email us if you would like additional data previous to the past 3 months.
Have a wonderful week and be safe!
Ken, Melissa, Greg and Lindsey
P.S. - All public schools in Maui County will be closed tomorrow due to Tropical Storm Olivia. To find out the lastest on the recent storm, visit the Central Pacific Hurricane Center at http://www.prh.noaa.gov/cphc/.
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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478 (271)
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158 (46)
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1167 (263)
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+2 |
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Condos
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535 (165)
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280 (26)
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1676 (276)
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-17 |
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Land
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314 (107)
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32 (9)
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219 (26)
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+7 |
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Total
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1335 (543)
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470 (81)
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3062 (565)
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-8 |
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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
 600 Kaupakalua Road
Haiku
$1.175M (FS) |
Light and bright, open concept floor plan with open beam ceilings and skylights. This 4 bed, 4 bath home is perfect for a large extended family or an investor. Currently used as a 2 bed, 2 bath (single level) with 2 attached but very private studio units. The 1.34 acre, all usable, well maintained yard features lush landscape with many fruit trees.
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1511 Polipoli Road
Kula
$1.895M (FS) |
Amazing, bi-coastal, classic Kula views and privacy abound from this top quality construction 5 bedroom home on over 4.4 acres. This is a custom-built residence with beautiful attention to details, gourmet kitchen, wood floors, soaring ceilings, 8’ entry doors, and large covered lanais. Expansive and inviting floor-plan with dual master suites, large bedrooms and 3 fireplaces.
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 160 Nahele Road
Haiku
$1.695M (FS) |
Gated house and cottage on 5 plus acres that consists of two parcels, TMK 2-2-7-8-114 and 2-2-7-8-126. You could build two more houses . Just minutes from fantastic North Shore beaches, surf, shopping and dining.
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Homes Under $1M
106 Meheu Circle
Kahului
$590K (FS) |
Situated on a corner lot, there is only 1 immediate neighbor on the side. Recently constructed is the new Maui Lani multi-complex which is located right around the bend and offers a great outdoor space for all the athletic activities one can think of.
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209 Auhana Road
Kihei
$565.9K (FS) |
Bank owned - This large 5 bed, 3.5 bath home with 2-car carport on a spacious 7700+ square foot lot is just across from the Cove Park in central Kihei. It has a living area of 2,120 square feet spreading over two floors (currently with multiple living configurations).
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2085 Palua Street
Wailuku
$395K (FS) |
Centrally located in the heart of Wailuku town, this 3 bed, 1.5 bath is located within walking distance from local businesses, restaurants and schools.
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 31 Puu Koa Place
Haiku
$499K (FS) |
Recently painted inside and out, this 2 bed, 1 bath home is in excellent condition. Screened and fenced in for a small pet. Priced to sell very quickly so act fast. Easy to show.
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2693 Palalani Place
Pukalani
$685K (FS) |
This charming light and bright single story home in Pukalani features 3 bed, 2 full baths, and a lovely family room with vaulted ceiling and separate entry.
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10 W Welakahao Road
Kihei
$745K (FS) |
This 2 bed, 2 bath main house & detached 1 bed, bath cottage is located on the ocean side of South Kihei Road, one block from the ocean and close to the best beaches and restaurants in Kihei. Main house features stainless steel appliances, interior laundry with front loading washer & dryer, a newly tiled bathroom with oversized shower and a flexible floor plan.
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Vacation Condos Over $1M
Nohonani #403
Napili/Honokawai
$1.195M (FS) |
It’s rare to find a 3 bedroom beachfront condo on Maui. Nohonani 403 has one of the nicest views you could ever want. This boutique complex has only 28 units. It is a 4 story complex with an elevator, and 403 is a top floor corner unit with lots of privacy.
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Palms at Wailea #1510
Wailea
$1.2888M (FS) |
Spacious 2 bed, 2 bath very unique upstairs C model in a private location featuring voluminous 20'-high living room ceiling and huge bay window accentuating the Wailea panorama, Kihei shoreline, West Maui Mountains and stunning views of the crystal blue Pacific! Ocean views are featured from the living room, master bedroom, kitchen and lanai.
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Honua Kai - Hokulani #146
Kaanapali
$1.595M (FS) |
This beautifully appointed 2 bed, 1 bath unit is offered fully furnished with top-end touches throughout such as granite counters, Bosch appliances, and continental tubs. And just steps away are 3 spectacular pools, Duke's Restaurant, a full service spa, gym, grills, hot tubs , and Kaanapali Beach where the best snorkeling in Maui awaits.
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Vacation Condos Under $1M
Kihei Resort #125
Kihei
$339K (FS) |
Beautiful 1 bed, 1 bath condo at much sought after Kihei Resort on the ground floor on the favorable garden side of the complex. This unit was the residence of the architect who designed this unique Japanese inspired complex, thus accounting for its ideal location next to the rain-forest sanctuary and within steps and earshot of the lava rock waterfall.
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Kamaole Sands #7-410
Kihei
$735K (FS) |
Elegant penthouse unit located within the interior courtyard area. This condo has custom tile floors, 3 unit split system air conditioning, gourmet kitchen with stainless steel appliances and granite counter tops. Exquisitely furnished and impressively decorated. Kamaole Sands offers 4 tennis courts, a pool pavilion with 2 spas, a children's pools, main pool, and exercise room.
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Grand Champions #99
Wailea
$779K (FS) |
The best deal in Wailea Maui, this 2 bedroom Grand Champions unit will not last long. Short term rent it out, or make it your primary residence. Maintained extremely well, this unit has not been in a short term rental pool and shows that. Plenty of space, with a full walk-in shower that could be a room of its own. Very private feel, with a view of of the mountains and golf course.
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Wailea Ekahi 26D
Wailea
$799K (FS) |
Fantastic ocean views from the living room, kitchen, and lanai of this spacious one-bedroom unit at Wailea Ekahi, situated above Keawakapu beach. Mostly original interior. The second bath is great for families with children or two couples to share the unit, with the sofa sleeper in the living room. High ceilings are a plus, making this unit feel more spacious.
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Residential Condos Over $1M
Kai Malu #67B
Wailea
$1.399M (FS) |
Located on the highly sought after top row of the neighborhood, this condo offers lovely ocean views from the main living area, kitchen, dining, and master suite. You will appreciate the privacy of this condo which has a fenced yard and is backed by the Wailea Blue golf course. The gorgeous kitchen opens to the living and dining area and comes complete with dark stained cabinets, GE profile appliances and granite counters.
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Na Hale O Makena D-202
Wailea
$1.695M (FS) |
With over 2,100 sq.ft of living area this 3 bed 2.5 bath residence offers an open concept design with ample room for entertaining and dining with friends and family. The custom Snaidero kitchen features gorgeous granite counters, a new Wolf 5-burner gas stovetop, new wine fridge, Gaggenau convention oven & a built-in GE Monogram refrigerator. The living area flows seamlessly through the glass sliders out to the 300 sq.ft lanai which has a built-in cooking area complete with Thermador gas grill, beverage cooler and plenty of seating room to soak in the magnificent sunsets.
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Kanani Wailea #2
Wailea
$1.595 (FS) |
You will enjoy truly elegant, single level, open floor-plan living in this custom designed, developer-owned, unit at Kanani Wailea. You enter into a secure, private, lushly landscaped inner-courtyard with natural quartzite-tiled walkways & access to either of the two, 1 bed, 1 bath, semi-attached guest suites or to the 2 bedroom, 2.5 bath main residence.
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Residential Condos Under $1M
Ke Alii Ocean Villas J-203
Kihei
$899.7 (FS) |
This beautiful and spacious ocean view 2 bed, 2 bath residence with loft epitomizes modern and contemporary Hawaiiana living. This unit features a large covered lanai, high ceilings, stainless steel GE appliances, oversized dual glaze windows, ceramic tile, black granite counter tops, solid wood doors, Grohe fixtures, central air conditioning, and etc.
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Kihei Villages 55-206
Kihei
$310K (FS) |
Bright top floor unit with a large patio directly off the living room. 2 bed, 1.5 bath with new paint, carpet and laminate flooring. New stainless steel appliances (stove, refrigerator and dishwasher) in the kitchen. Washer and dryer is in the unit. New ceiling fans and light fixtures.
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Puuone Hale Alii #209
Wailuku
$173K (FS) |
Beautiful ocean, Haleakala and West Maui mountain views from this 2nd floor 1 bed, 1 bath bright and cozy condominium which includes one assigned parking stall. Well maintained with all major appliances included. Full size washer and dryer are like new and located inside the unit unlike other condos in the area.
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Vacant Land
1041 Auwaha Place, Lot 14
Haiku
$575K (FS) |
2018
2+ Acre Lots - Ocean Views - Private Water - Walk to Haiku Town - Minutes to the Beach - This new subdivision has it all! It's country living with all the conveniences of a small town right next door. And it's just minutes to the famous Ho'okipa Beach with world-renowned windsurfing, surfing and white sand beaches. On this Agricultural zoned lot you can build two homes: your dream house and a 1,000 sf cottage.
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