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Issue 1146 |
March 18th, 2025 |
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Aloha
In this newsletter:
Land
New Properties
Price Reductions
Short Sales
Homes (1)
Condos (1)
Land
New Properties
Price Reductions
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Exclusive Beachfront Enclave
19 Malukai Lane
Wailea
$16M (FS)
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Maui Real Estate Stats
As of February 2025, the Maui real estate market has experienced notable changes compared to the previous year.
Single-Family Homes:
- Median Sale Price: Increased by 8% to $1,410,144.
- Sales Volume: Decreased by 24% compared to February 2024.
- Median Days on Market: Decreased by 3% to 98 days.
Condominiums:
- Median Sale Price: Increased by 48% to $1,111,000.
- Sales Volume: Decreased by 25% compared to February 2024.
- Median Days on Market: Increased by 96% to 104 days.
Inventory Levels:
- Single-Family Homes: Inventory increased by 61.6%.
- Condominiums: Inventory increased by 108.3%.
These trends suggest a shift toward a more balanced market, with increased inventory providing buyers with more options.
Overall, while median sale prices have risen, the Maui real estate market is experiencing reduced sales activity, increased inventory, and longer time on the market, reflecting a shift toward a more balanced market.
Mahalo Nui Loa,
Ken Smith R(S), Melissa Smith R(B), and Gregory P Smith R(B)
The Smith Team
P.S. Top Things to Do in Maui.
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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426 (372)
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126 (99)
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714 (533)
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+13 |
Condos
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843 (330)
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96 (36)
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783 (337)
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+4 |
Land
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184 (82)
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31 (11)
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159 (56)
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-3 |
Total
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1453 (784)
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253 (146)
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1656 (926)
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+14 |
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
252 Halenani Drive
Wailuku
$1.399M (FS)
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Step into a large home and ohana property in the Old Sandhills, perfect for extended families or rental opportunities. The main house has multiple living areas and entrances to the outside and is currently split into three areas. It has a spacious lanai and a wood deck ramp for handicap access. The 2 bedroom Ohana has been fully renovated as well. This property has ample parking that can fit 6-7 cars and has a partial view of the ocean from the second floor of the main house.
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115 Kumula'au Ohia Loop
Wailuku
$1.495M (FS)
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This exquisite home is truly a gem, showcasing numerous upgrades and meticulous attention to detail throughout. From the moment you step inside, you’ll be greeted by thoughtful enhancements, including beautiful hardwood floors, an elegant crystal chandelier, pendant lighting, and split AC units in the great room and primary bedroom, ensuring year-round comfort.
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92 Makalani Place
Makawao
$1.499M (FS)
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This 4 bedroom, 2.5 bath home (with master bedroom on ground floor) has been remodeled from floors to ceilings throughout, including granite countertops, wood cabinets, tile and luxury vinyl plank floors, six split AC units, steam shower in master bedroom, dry sauna downstairs, and jacuzzi tub upstairs. The 30 PV panels (owned) are on warranty until 2038.
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18 Luanaiki Place
Kihei
$1.575M (FS)
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This single-level, 3 bedroom, 2 bathroom home offers a perfect blend of convenience and tranquility. Situated just 1 mile from the popular Kamaole Beach Park III and located on a quiet cul-de-sac, this property promises a peaceful retreat while being close to everything you need. Step inside to an inviting open floor plan with laminate flooring throughout.
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69 Halelo Street
Kaanapali
$2.495M (FS)
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This beautiful home sits on an approximately 1/3 acre landscaped lot featuring mango, lychee, longon, and ice cream bean trees. Rock walls provide privacy in this quiet sanctuary. The hot tub and swimming pool are front and center yet private, with ample room for entertaining or relaxing. Golf courses surround the neighborhood offering a green buffer.
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1702 Halama Street
Kihei
$6.295M (FS)
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This 1,615 SF, 4 bedroom, 3 bathroom residence was extensively remodeled in 2021, seamlessly blending modern elegance with relaxed coastal charm.The owners achieved their goal of creating a low-key, relaxed, and elegant environment. Nano-Doors fold back to invite the outside in & maximize that Maui indoor & outdoor lifestyle.
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128 Mission Street
Wailuku
$840K (FS)
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Old Wailuku neighborhood that is slowly changing. Homes have been renovated, new homes built and more of this to come. It's in walking distance to Tamura's Market, Tasty Crust and various churches. The house has 10' ceiling to make it feel it's more specious. The bathrooms have showers and there is no tub in either.
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7953 Hana Highway
Haiku
$845K (FS)
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This recently upgraded and well-maintained home boasts amazing ocean views and is equipped with top-of-the-line, off-grid living features. For your enjoyment, a nearly new 2018 loaded 30ft Air Stream trailer comes with this amazing property. Air Stream is in excellent condition with independent solar electricity/internet. There is a 10x10 wooden promontory that overlooks the sea, providing breathtaking views.
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2750 Keikilani Street
Pukalani
$875K (FS)
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This delightful single-level home is nestled on a generous 7,832 sq ft corner lot and consists of 3 bedrooms and 2 baths with an attached carport. Your new home offers a spacious 1,392 sq ft interior floor plan with lots of windows and natural light, features a separate laundry room with extra storage space, plus a backyard patio area.
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293 Manini Place
Kihei
$925K (FS)
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This single-level, 2 bedroom, 1.5 bath home is built with durable CMU block construction, providing easy maintenance, a clean aesthetic and a solid foundation. The existing floor plan allows for an easy addition of a third bedroom, with plenty of potential for future expansion, including an ohana. A covered carport offers sheltered parking, with additional space available in the front of the property.
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Wailea Ekolu 1705
Wailea
$1.5M (FS)
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This modern single level 2 bedroom, 2 bath ground floor residence. Open-concept design with luxury gray vinyl plank flooring throughout. Stylish interior with remodeled features like beautiful white cabinets, stainless steel appliances, and quartz counter tops. The bathrooms feature white tiled walls in the showers with glass to add an elegant touch.
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Makena Surf E-205
Makena
$4.985M (FS)
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This rare beachfront condominium is perfectly positioned in the complex and is perched above one of Makena's finest beaches. Enjoy panoramic ocean and outer island views form this beautifully furnished & decorated 2 bedroom, 2 bath unit featuring a spacious open floor plan with living, dining and kitchen areas opening to the expansive lanai for seamless indoor/outdoor living.
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Makena Surf F-108
Makena
$5.15M (FS)
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This ground floor 2 bedroom, 2 bathroom luxury condominium is just steps to the beach with unobstructed ocean views. Features include a spacious open floor plan with the living, dining and kitchen areas opening to an expansive lanai and grass area for seamless indoor/outdoor living. This unit is being sold furnished with some exclusions. Makena Surf is a beautifully designed beachfront community situated on 15 acres.
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Vacation Condos Under $1M
Kalama Terrace L-204
Kihei
$475K (FS)
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This charming 1 bedroom, 1 bath unit. 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.
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Maui Kai 402
Kaanapali
$649K (FS)
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Relax on your covered lanai surrounded by the sounds of the surf and the rolling waves while enjoy the turtles below and the whales actively playing and breaching in the background. The unit is conveniently located near the elevators and laundry room. The unit has a very spacious and relaxing floor plan. Maui Kai is a 10 story direct oceanfront building zoned Hotel/Resort which allows for short term rentals.
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Kamaole Sands 8-104
Kihei
$670K (FS)
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This beautifully maintained 1 bedroom, 2 bath ground-floor unit comes fully furnished. This condo has a tranquil garden view and you can enjoy the convenience of single-level living with an open-concept design that seamlessly blends indoor and outdoor spaces. Step onto your oversized Lanai nearly double the size of a standard lanai, where lush tropical landscaping surrounds you, creating the perfect retreat for relaxation.
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Kaanapali Shores 346
Kaanapali
$835K (FS)
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Discover the ultimate island retreat with this charming 1 bedroom, 1 bath ocean view condo, perfectly positioned on the third floor of Kaanapali Shores. Enjoy the tranquil sights and sounds of the Koi ponds, with a delightful view of the ocean to remind you of the stunning beaches just moments away. Make this beautiful condo your own and start your Maui journey today!
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Residential Condos Over $1M
Kai Ani Village 3-109
Kihei
$1.199M (FS)
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Ascend to the upper levels to find a beautifully appointed living area with 2 spacious bedrooms, 2.5 modern bathrooms, high-quality finishes and stone countertops, and partial ocean views that add a touch of tranquility to your everyday life. Kai Ani Village places you in proximity to an array of shopping, dining, entertainment, and beaches, ensuring a lifestyle of convenience and leisure.
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Kanani Wailea 26
Wailea
$1.87M (FS)
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This 3 bedroom, 2.5 bathroom ocean view single-family residential condominium offers a serene retreat, tucked away within an enclave of just 38 stand-alone homes. With its breathtaking surroundings, this property delivers the perfect balance of refined island living and ideal Wailea location. Step into the open and spacious living area, featuring Malaysian Merbau flooring that effortlessly connects the living, dining, and kitchen spaces.
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Residential Condos Under $1M
Southpointe at Waiakoa 5-202
Kihei
$469K (FS)
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This 2 bedroom and 1 bathroom condo has been freshly painted, with wood laminate throughout. Washer and dryer in unit. There are 3 visitor parking spots at the bottom of the stairs, for all occasional visitors, and two assigned tandem parking spots nearby.
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Kahului Ikena 430
Kahului
$470K (FS)
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This rarely available 1 bedroom unit is located near the rear entrance for maximum privacy. Enjoy a quiet third-floor unit that offers peaceful mountain and tree-top views in a serene neighborhood. Stay cool with the newly installed split AC system and enjoy the convenience of two side-by-side parking stalls.
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Keonekai Villages 9-202
Kihei
$578.8K (FS)
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This upgraded 2 bedroom, 1.5 bath upstairs condo is nestled in the highly desirable Keonekai Villages complex, just a few blocks from the golden sands of Kamaole Beach Park III. Offering breathtaking views of Haleakala from your private lanai, this home captures the essence of Maui living. Step inside to discover a thoughtfully renovated space featuring new vinyl plank flooring, the updated kitchen shines with brand-new appliances and a fresh, contemporary design.
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Milo Court at Kehalani 57
Wailuku
$898K (FS)
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This sweet, semi-attached 3 bedroom, 2.5 bathroom townhome has been lovingly maintained with upgrades throughout. Enjoy the ease of open-concept living with a spacious great room that seamlessly flows into a dining nook and well-appointed kitchen, making it flexible for anything from quiet evenings relaxing at home to fun times hosting gatherings. The main level is sleekly adorned with luxury vinyl plank flooring throughout.
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Malanani Drive
Kula
$1.25M (FS)
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Build your dream home on this 2.38-acre Upcountry Maui parcel with stunning bi-coastal ocean views. Pursuant to Maui County Code, Rural 0.5-acre zoning, the property provides the potential for a single family dwelling for each half-acre. The County of Maui granted approval for a 5/8-inch water meter to be installed.
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The Smith Team
www.MauiSales.com
(808) 572-0866
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