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Aloha Valued Subscriber
Market Update
Home prices continue to climb in Central Maui, hitting a 12 month high median price of $650K. The Central Maui district has consistently been the busiest market on the island all year long. The Island-wide median single family home price has stayed fairly consistent at $700K.
In August there were 29 single family home sales in Central Maui which includes all of Kahului and Wailuku. This was the most home sales of any other district. Year to date there have been 224 home sales, double the amount of sales in Kihei which has the second highest amount of home sales.
Single family homes purchased last month had been on the market for an average of 102 days. Generally, this year homes have been on the market for a shorter time than last year when the average was around 120 days on market.
Last month condo sales dropped slightly below the monthly average of 114 to 110 and the median sales prices dropped by 9% to $400K from $440K in July.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa, Greg and Lindsey
P.S. - Molokai Ranch which consists of nearly 56,000 acres on Molokai and encompasses a third of the entire island is for sale for $260 million. The Molokai ranch land includes 20 miles of coastline, 4,400 acres of forest, a cattle ranch, a golf course and hotel.
P.S.S - Here is a link to donate to the Red Cross to help those in need after Hurricane Irma and Hurricane Harvey.
P.S.S - Check out our new listing at 650 Pakanu Street. This newly painted plantation style estate nestled in a lushly landscaped area of Haiku near 5 corners. The main house has an open concept living and dining room with 3 bedrooms, 2 baths, bamboo flooring, and large covered lanai. In addition across a lovely shallow ravine and with its own separate entrance lies a 3 bedroom 2 bath cottage surrounded by tall eucalyptus trees.
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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512 (280)
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267 (47)
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1094 (250)
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-5 |
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Condos
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635 (188)
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293 (39)
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1361 (173)
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-11 |
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Land
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329 (123)
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48 (9)
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211 (19)
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-1 |
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Total
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1476 (591)
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608 (95)
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2666 (442)
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-17 |
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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
440 Mikioi Place
Maui Meadows
$1.095M (FS) |
Fantastic opportunity to own property in the sought after South Maui neighborhood of Maui Meadows! Over 1/2 acre lot with three separate structures currently set-up as 7 units, with ocean views from main house.
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20 Pea Place
Kula
$1.295M (FS) |
Beautiful 3 bed, 3 bath with attached 1 bed, 1 bath attached ohana/guesthouse. Extensive remodeling completed, including recently refinished hardwood floors throughout, granite counters in the kitchen, new decking, bathroom remodels and newly painted exterior.
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 371 Pualoa Nani Place
Wailea
$1.375M (FS) |
Situated at the entrance of the culdesac in the gated Wailea Pualani community is this impeccably maintained 3 bed, 3 bath home. Open bright floor plan includes polished travertine floors, stylish kitchen, plethora of windows and a touch of European flair.
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110 East Huapala Place
Lahaina
$2.695M (FS) |
This 5 bed, 3.5 bath home of 3,056 sq ft with unobstructed ocean and island views, is just the place to relax on the outdoor patio to enjoy whale watching and the gorgeous sunsets over Lanai. Featuring travertine floors, granite countertops, and a gated entry, this home has wide panoramic views while being situated at the end of the cul-de-sac for privacy.
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Homes Under $1M
1011 Hoomau Street
Wailuku
$465K (FS) |
Bank Owned - Great location in upper Waiehu Terraces that will afford you very good Haleakala and ocean views. With a large living area, master bedroom with on suite bath, lots of storage in garage, solar water heating and an irrigation system.
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1966 Liko Place
Wailuku
$534K (FS) |
This charming, well maintained, vintage Hawaiian style family home, has been shown lots of love over the years. The high ceilings when you enter create a spacious feel in this 3 bed, 1 bath plantation home. Walk out onto the large back lanai to another living area, with spectacular views of Iao Valley.
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108 Molehulehu Loop
Kahului
$589.9K (FS) |
Bank Owned - Great opportunity to own a 3 bed, 2 bath home in the popular Central Maui neighborhood, Maui Lani.
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2830 West Lelehuna Street
Haiku
$595K (FS) |
Bank Owned - Translating to beloved home, this charming property in Hale Pilialoha is ready to be yours. This 3 bed, 1 bath home offers single level living at its best with recent owner upgrades including: granite counter tops, new cabinets, wood floors, fresh paint inside and out, spacious yard, mature landscaping and so much more.
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85 Palekana Street
Paia
$700K (FS) |
Spacious upgraded 4 bed, 2 bath home in the beach town of Paia with ocean and west Maui Mountain views. The original home was built in 1987 and updated in 2017. A significant addition in 2003 added a second story living room and master suite. You ascend to the master suite and living area via a beautiful slate tile stairway with a custom, copper, Padilla railing and accents.
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Vacation Condos Over $1M
Puamana #272-6
Lahaina
$1.599M (FS) |
Imagine Maui Life on the ocean in Puamana where your backyard is one of the most fun surf spots in Lahaina. This turnkey vacation rental townhome has been newly upgraded, furnished and fully equipped for immediate owner and guest use. This 2 story unit features a great room on the main floor with half bath and laundry, and upstairs an oceanfront master bedroom suite, second bedroom and bath.
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Kaanapali Alii #3-702
Kaanapali
$1.685M (FS) |
Beautifully remodeled unit with 2 beds, including den conversion and 2 baths. Seventh-floor location with optimal southwesterly exposure and gorgeous ocean and mountain views. Private and secluded location at Kaanapali Alii. Extensive facilities on site just steps away from Kaanapali Beach and all neighborhood activities.
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Vacation Condos Under $1M
Kauhale Makai #621
Kihei
$279K (FS) |
Delightful oceanfront condo home with wide open ocean and mountain views from this top floor corner studio in prime Kihei location. Nicely updated and all furnishings included. Enjoy full or part time living in or vacation rent - your choice! With well-maintained resort amenities including staffed lobby, solar-heated pool, spa, outdoor barbecue, sport courts and much more.
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Paki Maui #211
Honokowai
$285K (FS) |
This is a furnished 1 bed, 1 bath end unit on on the second floor, overlooking the waterfall grotto, which you can hear from your lanai. The maintenance fees are paid through the end of 2017 and includes electricity. Tile floors throughout. Sleeps four.
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Maalaea Kai #410
Maalaea $675K (FS)
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Stunning ocean views of Kahoolawe and Molokini as well as Haleakala greet you when enter this bright, airy 2 bed, 2 bath unit. Remodeled in 2005 with white kitchen cabinets, appliances, countertops, plantation style shutters, custom entry mural, tiled walk in showers and more.
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Wailea Ekahi #37D
Wailea
$850K (FS) |
Upstairs 1 bed, 2 bath unit with a view of Lanai from your lanai. Vaulted ceilings, a beautiful kitchen remodel done in 2011, master bath was remodeled in 1999 and the guest bath was done in 2017. Air conditioners in living room and bedroom.
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Residential Condos
Kihei Villages #27-204
Kihei
$295K (FS) |
Hot deal on a rare 2 bed, 2 bath. This one won’t last long. Beautifully upgraded unit with Garden view. This home offers new interior paint and upgraded fixtures. Main bathroom has tile floors and upgraded vanity, second bathroom has a full size washer and dryer. New carpet in bedrooms and hall Laminate wood flooring throughout living room.
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Kehalani Gardens #505
Wailuku
$420K (FS) |
Pristine and cool Kehalani Gardens home, 3 beds, 2.5 baths, 2-story with Central Air. Very well-maintained by meticulous owners, this is a must see. Private yard, extended concrete slab, 2 assigned parking stalls, 1 covered parking includes storage closet. Guest stall available close to the unit. Centrally located, close to all modern conveniences, shopping, dining, hospital, excellent for the active lifestyle.
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Wailea Palms #2806
Wailea
$1.475M (FS) |
Unit #2806 is a modern and luxuriously appointed Wailea Palms premiere residence. Masterfully reconfigured to optimize space and functionality. Every inch of this 1,559 sq. ft. 2 bed, 2.5 bath condo has been brilliantly redone to incorporate contemporary clean-lines and subtle Island accents. From the handcrafted custom furniture to original art, this unit is absolutely one of a kind.
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Vacant Land
719 Nahiku Road
Nahiku
$270K (FS) |
Rare old Hawaii 6.36 acres in the lush tropical paradise of Lower Nahiku Road region of East Maui, with views to the ocean, ancient trees, nearby waterfalls, spectacular foliage, a short drive from the legendary Hana Highway and the historic Nahiku Village. Very private. Maui County water meter and MECO electric meter included.
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1855 Kauhikoa Road
Haiku
$379K (FS) |
360-degree vistas, including sweeping ocean, Haleakala and rolling valley views, situated in the Best Haiku climate. This all-useable, easily buildable, vacant parcel of 3-acres is Private and lends itself well to Quiet Country Living. Gated and fenced with its newly paved driveway and Maui Electric power.
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