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Aloha ,
Market Update
When you decide to buy or list your home you may start getting advice from your friends, family and coworkers. These are often generalizations or based on personal experiences and may not apply to you or your market.
Below are the 5 most common real estate myths:
- List in the Spring - This only makes sense in areas with harsh winters (not Maui.)
- Get a good deal during the Holidays - This is based on the assumption less buyers are looking during the holidays which may or may not be true.
- New homes don't need to be inspected - There is always a possibilty there are problems and a professional opinion is advisable.
- Staging is unecessary in good neighborhoods - Research shows that staged homes sell faster and at a higher price regardless of neighborhood.
- Price high so you have room to negotiate- It is important to set the price right the first time so you are not dropping it later.
While all these suggestions have their merit, real estate is full of exceptions and nothing is absolute. It is always best to consult with a professional on all these issues.
Have a wonderful week,
Lindsey for The Smith Team
Ken, Melissa and Lindsey
P.S. - The Diana Ross concert sold out so fast they added a second show on Monday, June 15, 2015! She will be performing at the Maui Arts and Cultural Center on June 14 and 15.
Melissa Smith R (B), Ken Smith 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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546 (273)
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265 (46)
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978 (169)
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-6 |
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Condos
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853 (208)
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192 (20)
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1161 (169)
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+9
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Land
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356 (135)
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31 (7)
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157 (20)
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-2 |
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Total
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1755 (616)
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488 (73)
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2296 (358)
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+1 |
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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
Homes Under $1M
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34 Poniu Circle
Wailuku
$575K (FS)
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This 4 bedroom 3 bath home was remodeled in April 2015 and is being sold with custom designer furnishings. Everything included right down to the silverware, fully equipped kitchen, linens, and more. 55” Ultra Hi-Definition wall mounted TV in Living Room.
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575 Papau Hikina Place
Kihei
$644.9K (FS) |
Wonderful opportunity to live in one of Kihei’s most desirable neighborhoods conveniently located close to schools, golf courses, beaches, restaurants and more! This spacious 4br/3ba home (plus bonus room) has vaulted ceilings with a dramatic entry foyer.
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71 Awalau Road
Haiku
$895K (FS)
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This complex has a 1700 sqft home with a 2 car garage. Just completed renovations include: chef's kitchen with stainless steel appliances and quartz counters. Additionally there is a 3,840 sq. ft steel building garage/workshop with loft, which has 1/2 bath w/green toilet.
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99 Kahana Nui
Napili
$999.9K (FS) |
Bank Owned - Great opportunity to own a very large home with spectacular ocean and Molokai views in highly sought after Kahana Ridge. High ceilings, recessed lighting, granite, marble, travertine, two master suites two large great rooms.
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Vacation Condos Over $1M
Wailea Elua #2105
Wailea
$1.295M (FS) |
Spectacular ocean view of azure seas, leaping and frolicking whales and dolphins, year round brilliant golden sunsets and magical moonlight dancing on the waters. Gorgeous recent remodel. Lovely, large open kitchen with granite counters, new cabinets and newer appliances.
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Honua Kai Konea #345
Kaanapali
$1.39M (FS) |
Enter into paradise when you enter Honua Kai Resort and Spa's Konea Suite 345, Kaanapali Beaches premier resort getaway. Come embrace the Soft Hawaiian sea breeze that flows across the expansive "lanai" of this contemporary tropical suite.
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Hoolei #21-2
Wailea
$2.785M (FS) |
Exquisitely appointed 3 bedroom, 3.5 bath residence with fantastic ocean views in an outstanding location. Comprehensively furnished and decorated, this residence has never been rented, and is simply stunning. The Maile floor plan seamlessly blends indoor/outdoor living that flows graciously.
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Wailea Point #503
Wailea
$3.55M (FS) |
World Class oceanfront location. Stunning southwesterly ocean views toward Molokini Island and the South Maui coastline. Large, ground level “no stairs” floor plan. Beautifully improved interior.
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Vacation Condos Under $1M
Kamaole Sands #6-202
Kihei
$485K (FS) |
Beautifully updated and immaculate vacation rental condo located in the central courtyard of the highly respected Kamaole Sands Resort. All rooms are updated. Kitchen has granite counter tops, newer appliances and custom cabinetry.
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Wailea Palms #2704
Wailea
$865K (FS) |
Beautiful views and privacy from this 2nd floor 2 bedroom 2 bath condo in the Wailea Palms Private Residences. Italian floor tile with hand painted accents throughout. Original art work custom, historical antiques, and furnishings reminiscent of a beach property in Cape Cod.
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Whaler #559
Kaanapali
$869K (FS) |
Tropical elegance at its finest. Completely remodeled in 2011, Whaler 559 is not to be missed! This stunning condominium is located in one of the premier locations within The Whaler at Kaanapali overlooking world famous Kaanapali Beach and the island of Lanai in the distance.
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Kapalua Bay Villas #29 B4
Kapalua
$990K (FS) |
Kapalua Bay Villa 29B4 is a beautifully remodeled "bridge" level 1 bedroom, 1 bath condominium located within an oceanfront complex. All rooms have been tastefully remodeled to the Kapalua Villas rental program.
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Residential Condos
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Kihei Villages #6-104
Kihei
$222K (FS)
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Bank Owned - Clean, 2 bed 1.5 bath ground floor unit with enclosed back yard. 1 deeded parking space, walking distance to Kenolio park and a sandy beach.
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Iliahi at Kehalani #20B
Wailuku
$405K (FS) |
This home shows pride of ownership! Excellent location at the top of the complex! On the West Maui hillside, below Wailuku Heights, allowing beautiful ocean and mountain views. This 3 bedroom 2.5 bathroom, 1258 SF townhouse is neat as a pin and ready to move into!
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Hale Royale #B104
Napili
$425K (FS) |
West Maui’s largest and best priced, fully furnished 2 bedroom 2 bath available! This opportunity includes all of your island-living luxuries, this is beautifully furnished and move-in ready. Meticulously maintained interior and exterior make this a great home to enjoy peek-a-boo ocean views from 2 large private lanais.
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Masters #2204
Kaanapali
$1.23M (FS) |
Masters #2204 is on a highly elevated section of the property, overlooking the signature 9th hole of the Kaanapali Royal Golf course. It is an upstairs 2 bedroom, 2 bathroom unit with high vaulted ceilings and sky lights. #2204 is highly upgraded and finely decorated.
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Vacant Land
291 Maha Road
Makawao
$1.45M (FS) |
Rare Opportunity in Upcountry with this R-3 Zoned almost 6 acres of excellent piece of land. Located just as you enter Makawao Town down Maha Road this large parcel has many possibilities.
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0 Kai Poi East
Haiku
$1.499M (FS) |
Incredible 10.25 acres of rich Oceanfront productive land with all the expensive primo infrastructure already installed. Showcasing not just incredible panoramic sweeping views of the ocean with crashing white water against the cliffs but also of Majestic Haleakala mountain.
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