Aloha
In this newsletter:
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The Luxury Villa
Wailea Beach Villas G-301
Wailea
$12.75M (FS)
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MAUI JUNE MARKET REPORT
Despite the recent slowdown in sales, the median prices for homes and condos continue to rise on Maui at $1.255M for single-family homes and $832.500 for condos. Land prices are up over 50% and across the board the number of days on market is less than last year. You can check out the complete monthly market report including luxury sales data from Coldwell Banker Island Properties.
While there has been a slight uptick in inventory and increase in recent price reductions it’s unclear whether the market advantage will remain with sellers or slowly shift towards buyers. The shock factor of recent rate hikes seems to be receding somewhat as people adapt to current interest rates which are still very low when adjusted for inflation. What do you think?
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. We hope you had a safe and enjoyable 4th of July weekend. Here’s a video of the Lahaina fireworks show taken from the beach with the soothing sounds of lapping waves.
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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245 (204)
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184 (93)
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1256 (699)
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-3 |
Condos
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215 (106)
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244 (121)
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2025 (599)
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+6 |
Land
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105 (53)
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45 (11)
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293 (97)
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+2 |
Total
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565 (363)
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473 (225)
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3574(1395)
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+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.
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Homes Over $1M
752 Awalau Road
Haiku
$1.179M (FS) |
At the top of beautiful Awalau Road. Views of deep blue ocean and Haleakala Crater surround this lovely home recently built in 2020. Boasting 3 bedrooms and 2 full bathrooms, this home provides spacious laid back living in a gorgeous setting. As you enter you are greeted with rich engineered hardwood floors throughout the living area.
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61 Kapuai Street
Haiku
$1.675M (FS) |
The ease and country feel of the 2 plus acre property deliver all one needs on the North Shore. Located moments above Jaws country Store, this property offers two airy and chic dwellings. The main house has an open concept living room, and kitchen, equipped with four bedrooms and ample lanai space for seamless indoor-outdoor activities.
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370 Pualoa Nani Place
Wailea
$2.7M (FS) |
Beautiful single level 4 bedroom 3 bath home in the gated community of Wailea Pualani Estates. This is minutes from all the conveniences that Wailea and South Maui have to offer, including the pristine beaches, world-class resorts, golf courses, tennis clubs, fine dining, and luxury shops.
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711 Kumulani Drive
Wailea
$2.8M (FS) |
Boasting on the slopes of the ever so sought after Maui Meadows, sits this ocean view retreat. Is a large airy home that was tastefully remodeled in 2021 and offers high open beam wood ceilings, brand new stainless steel appliances, stone countertops and luxury vinyl flooring. As you walk in the home, the deep blue pacific ocean captures your senses, and makes you never want to look away.
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207 Kealakai Place
Paia
$11.75M (FS) |
This North Shore Maui oceanfront oasis sits next to famous Baby Beach near the Maui Country Club. Surf the break right in front of the main house and enjoy magical sunrise to sunset ocean views from walls of glass and extraordinary lanais. This exquisite property seamlessly integrates chic contemporary elements and traditional Hawaiian architecture.
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Homes Under $1M
872 Paniolo Place
Makawao
$775K (FS) |
There is construction material at the home ready to help you start the repairs. There are two huge rooms that could be whatever you want them to be along with two bathrooms. Much more than meets the eye.
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917 Hoomau Street
Wailuku
$799K (FS) |
Pendant and recessed lighting accent this gorgeous home. Bathrooms were redone by a previous owner and are quite inviting including a cement tub. Move in and relax in your lush Maui ocean view tropical paradise. Enter through upgraded front door with beveled & opaque glass. Chef's kitchen features stainless steel appliances, Maytag dishwasher.
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753 Pauoa Street
Lahaina
$899K (FS) |
This spacious HT home with family room, lanai & storage shed is located in the Paunau Terrace Subdivision and across the street from Pau Nau Park. Conveniently located near schools, shops & businesses with easy access to the Lahaina Bypass Road. The 6,151 sf corner lot is enclosed with tile walls. There’s a wooden covering built for a boat and the exterior was just painted.
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5340 Lower Kula Road
Kula
$945K (FS) |
This sweet cottage, with amazing views of Maui's South Shore from the lanai, is on a fully fenced, gated almost half acre lot filled with a variety of fruit trees including Japanese pear, apple, orange, tangerine, guava, and bananas. There's even a chicken coop and a kennel for those hunting dogs. Cottage was lovingly remodeled in 2016 with an upgraded kitchen and bath.
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137 Mahola Street
Makawao
$997K (FS) |
The house is a 4 bedroom, 2 full bath one level with attached carport. The separate cottage has 1 bedroom 1 bath. The yard has room to garden. Great convenient Makawao location, across of Eddie Tam gym. Within walking distance of post office, public transportation, and Makawao town.
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Vacation Condos Over $1M
Luana Kai B-208
Kihei
$1.1M (FS) |
A generous 2 bed, 2 bath oceanfront vacation rental condominium, with an ocean view from the lanai. This fully furnished and turnkey unit has a classic Hawaiian feel with its Koa wood kitchen and bathroom cabinets, trim and shutters. In the kitchen, we have granite countertops with African state tile accents and flooring.
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Maui Kai 904
Kaanapali
$1.1M (FS)
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Fantastic turn key short term rental condo that will take your breath away. As you enter, you are greeted by a spectacular Ocean and Island views that makes you feel as if you were on a private cruise ship and offers amazing privacy. The kitchen upgrades include stainless appliances and granite countertops with a generous back splash. The bathroom ceiling was updated as well.
Customer Listing Synopsis
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Kamaole Nalu 504
Kihei
$1.199M (LH)
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This is a gorgeous, remodeled 2 bedroom, 2 bath, ocean view condo at Kamaole Nalu. Premium upgrades throughout the unit, including wooden cabinets, granite countertops, stainless steel appliances, and every possible amenity. Tiled lanai Loaded with every possible amenity.
Customer Listing Synopsis
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Menehune Shores 204
Kihei
$1.23M (FS) |
Tastefully decorated and remodeled. This unit has beautiful ocean views. Newer appliances, A/C and furnishings. Is in a very active on-site management program. This complex features a rooftop dining entertaining area with 360 degrees ocean & Haleakala Views. Beautifully maintained grounds, ocean front pool & BBQ's.
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Kamaole Sands 6-110
Kihei
$1.695M (FS) |
Spectacular and very rare 3 bedroom, 2 bath, ground-floor, end-unit nestled in the tropical gardens of Kamaole Sands. This beautiful unit is being sold furnished, excluding the artwork, two decorative headboards, and the contents of the owners' closet. A popular vacation rental destination, is right across the street from a great beach Kamaole Beach Park III, and is close to restaurants, shopping, and many water activities.
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Royal Mauian 216
Kihei
$1.795M (FS) |
A rocky point surrounded by incredible beaches, including popular Kamaole Beach Park. Complete with rooftop BBQ, this direct oceanfront 2 bedroom, second-story location near the pool enjoys stunning, panoramic ocean views. This is a one-of-a-kind perfect location is nestled in the heart of Kihei moments away from excellent restaurants, shops, and all the other conveniences you would want.
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Wailea Point 904
Wailea
$6.5M (FS) |
Unit is situated just above the shoreline overlooking Wailea Beach with whitewater views, the South Maui coastline, and the stunning West Maui Mountains. The best way to enjoy Wailea's sunny weather is with indoor-outdoor living and this unit has an excellent mix of the two. One of only 8 units with this amazing view from the upstairs.
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Vacation Condos Under $1M
Kaanapali Shores 905
Kaanapali
$675K (LH)
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A 1 bed, 1 bath unit, features magnificent ocean views from the living room, kitchen and bedroom. The bright and spacious living area opens to a private lanai with an expansive ocean view. Enjoy listening to the tropical birds each morning with your cup of coffee and watching the sun set with its brilliant array of colors each evening.
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Valley Isle Resort 410-B
Kahana
$795K (FS)
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This is a rare opportunity to own this spectacular direct oceanfront end corner unit on the 4th floor at Valley Isle Resort. This unit has magnificent views of the Pacific Ocean, and of both Molokai & Lanai from the living, dining & bedroom. Enjoy the gorgeous sunset from your private lanai or imagine sleeping to the tranquil sounds of the ocean waves.
Customer Listing Synopsis
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Kamaole Shores 8306
Kihei
$975K (FS)
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Recently refreshed and outfitted for its new owner whether you are looking for, Split system A/C units throughout so that your exact desired climate can be controlled as a whole or individually in each room. Unique high end finishes and fixtures throughout to create a tropical and relaxing environment with modern furnishings to match.
Customer Listing Synopsis
Video/Virtual Tour
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Residential Condos Over $1M
Wailea Palms 3306
Wailea
$1.825M (FS)
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The pastoral views encompass the gracious, spacious, meticulously manicured lawns & gardens. The light-filled living area has south-facing windows & opens seamlessly into the elegant kitchen & out to the tiled dining & lounging lanai area. This unit has been updated & maintained fastidiously.
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Kanani Wailea 23
Wailea
$1.899M (FS)
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This boutique Wailea community of 38 free standing homes with the benefit of convenience to all South Maui has to offer. Minutes from world class golfing, beaches, 5 star restaurants and shopping. Wailea Kanani is gated, has many amenities which include a saltwater pool, hot tub, entertainment area with kitchen facilities and an exercise room.
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Residential Condos Under $1M
Puuone Towers and Plaza 311
Wailuku
$339K (FS)
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Dark blue north shore to peaceful West Mountain view from your living room and Master bedroom. This pet friendly 2bedroom and 1.5bath complex comes with Pool and BBQ area and 1 designated parking stall and washer and dryer is in the unit. There is on site manager and key entry doors keep safe and secure feeling.
Customer Listing Synopsis
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Kihei Shores J-007
Kihei
$545K (FS)
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This spacious refurbished condominium in the J building is located at the end of the complex, off of the main road, for extreme privacy, with a floor plan which includes a two bedroom, two bathroom, features include granite counter tops and ample kitchen cabinets, fresh paint, new ceiling fans, new flooring, new toilets, new tiled shower and bathtub.
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Iao Parkside 23-102
Wailuku
$560K (FS)
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Ground floor corner unit with one of the biggest yards in the whole complex. The unit faces Iao stream providing extra privacy with no one looking into either bedroom. This unit has been attractively remodeled over the years with universal appeal. New vinyl windows, fresh coats of paint, and a resurfaced bathtub were all done in 2021. Comes partially furnished.
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Villas at Kehalani 1102
Wailuku
$949K (FS)
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A comfortable 2 bedroom, 2.5 bath floor plan completed in 2014 with lovely upgrades. Viking stainless steel kitchen appliance package, crown molding, solar hot water heater, custom window coverings. With captivating ocean and mountain views that span from Kahului Harbor to Haleakala, the city nightlights and the lush West Maui Mountains as backdrop.
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Vacant Land
39 Heohualoha Place
Pukalani
$549K (FS)
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This half acre completely level and cleared lot is ready to Build your Dream Home. Tucked away on a cul-de-sac in the corner of the subdivision for privacy and on County Water Meter. Plans for 3,000 sf home (4,465 sf under roof) with 3-car garage and pool/spa are included free in the sale. Save time and money by utilizing the current plans, or design your own custom home.
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