May 2018 Maui Market Update

May 2018 Monthly Market Update for Homes and Condominiums on Maui


Home Statistics May 2018

 

 

 

 

 

 

 

 

For the month of May 2018, you can see that Medium priced decreased from $700k to $695k versus May 2017. Click here to see Residential statistics for year-to-date 2018 where you can see that the overall median price has remained unchanged at $690,000 from January-May 2017 to January-May 2018.  For prospective buyers, there are still deals to be found in the market, and for sellers, the market has still not hit the highs of the previous market peak. Inventory is still low, so prices still have room to increase.

Condominium Statistics May 2018

 

 

 

 

 

 

 

 

 

In May 2018, the median price for condominiums remained the same at $475,000, and the total number of sales increased 35.1%. Click here for the year-to-date 2018 versus 2017 where you will see that the median price increased 1% and the total number of sales increased 22.1%. There is an opportunity to find deals for buyers even though this market segment is definitely seeing significant action with the 35.1% increase for May and 22.1% for the 2018 year-to-date.

Questions or Comments

Please contact me at (808) 359-4490 to discuss buying or selling a home or condo here on Maui or click the photo below to subscribe to my website and receive my Kihei Condo Buyer’s guide for free.

Sunset at Kamaole Beach Park 1

 

Wailea Point #2301- A Wailea Best Buy

CBIP Aerial 129Nestled between the Four Seasons Maui and the Fairmont Kea Lani, Wailea Point is located on a promontory that rises 130-feet above the sea. This low density condominium complex features 130 residences in 34 buildings on 26 acres of prime ocean front property. Wailea Point is fronted by the Wailea Beach Path and is surrounded by world-class resorts, shopping, restaurants, white sandy beaches, and championship golf. The complex offers 30-day short-term rentals which adds to the privacy of this gated condominium complex on Maui’s south shore.

Listed at $2.1mm, Residence #2301 is a great value with the recent close a of similar unit at $2.2mm.  The features of this single-level residence includes no stairs into and throughout the unit, ocean views, West Maui Mountain views, and a spectacular view of Haleakala, Maui’s highest mountain peak. This residence is located near the resort pool and workout facilities with easy access to the Wailea Beach Path. You can find more information regarding this listing here.  You click any photo below to view a slideshow of all the photos.

This listing is offered via Coldwell Banker Island Properties at the Shops of Wailea

South Maui Best Buy under $300,000

Southpointe at Waiakoa 16-201 is a 2-bed/1.5-bath 750-sqft condo in Kihei, a South Maui resort community.  This remodeled condo features laminate flooring, new cabinetry in the bathrooms and kitchen, custom tile work in the shower, granite countertops in the kitchen, brand new stainless steel appliances, and Central A/C (rare, and sometimes necessary during the summer months). In addition to the upgrades available in this condo, it is an upstairs end unit!

CBIP Aerial 22

Southpointe Aerial (Gray rooftops behind the 4-story building in the foreground)

Also, Southpointe is located a short drive to Sugar Beach, a file mile stretch of white sandy beach in North Kihei.  Local families utilize Sugar Beach as hidden gem of South Maui beaches.  Other beach parks in this area are popular with kite surfers, kayakers, and canoe clubs, as well as fisherman or those wanting to catch a few rays or go for a light swim.

This home is offered at the well-positioned price of $259,000; other recently remodeled units have sold for as much as $279,000.  Contact me today to discuss a virtual tour of this home (if you are off island) or to schedule a showing. Please click the picture below to see the listing photos of this beautifully remodeled condo.

Southpointe Bestbuy

 

This listing is offered by NextHome Pacific Properties

Couple Now Enjoying a Piece of Paradise

Greg Poppy Maui Realtor

“Greg was the realtor that contacted me when I requested information on a condo in Kihei. From that first call, Greg was friendly, informative and very easy to communicate with. My husband and I live in Connecticut, and buying a second home in Maui was a complicated and, at times, overwhelming experience. Greg was with us every step of the way with guidance and expertise. I had so many questions about the properties, the process and the things I needed to have in place to become the owner of a Hawaiian property. Greg was so responsive when questions or concerns arose. He always responded quickly to calls, texts or emails and was very accommodating about communicating with us when it was convenient to Eastern Standard Time (which runs 6 hours ahead of HST). I knew from my first conversation with Greg that he was a realtor who would provide first class service and also gave me an immediate feeling that he was a realtor that I could whole-heartedly trust. I am now an owner of my own piece of paradise on the beautiful island of Maui. I would not hesitate to recommend Greg to anyone who is in the market for a new home. He is friendly, trustworthy, intelligent and very knowledgeable. Mahalo, Greg Poppy.” (Shogren)

“Greg is a true professional in his industry. He is very conscientious and puts his clients’ interests always at the forefront. We were able to give him our preferences and desires on properties and he diligently found a nice shortlist to and consider. He was extremely helpful during the negotiation process and always available during the closing process. I highly recommend Greg’s services.” (B. Shogren)

Couple Buys Their First Home on Maui

Greg Poppy Maui Home in Paradise

“When you are a first time home buyer the whole process is like moving to a country where you don’t speak their language. Luckily Greg was there to translate, ensuring we understood each step. He interpreted our needs and helped us buy our first home.” (Jon)

“Being a busy professional and parent, finding and buying a new home is no easy task. Enter Greg Poppy, a true Real Estate Professional with a fun, fresh persona. Greg guided this first time home buyer through each step of the process and when things got overwhelming, he provided the reassurance needed in order to complete the process. Greg found us our dream home and in the end, made it fun!” (Jon’s Spouse)

If you’re like my clients above and looking to buy your first home on Maui, be sure to check out my FREE COMMUNITY WORKSHOP.

Greg Poppy Buying & Selling on Maui

FREE COMMUNITY WORKSHOP

WHEN:
Wednesday, July 29, 2015, 5:30 – 7:00 PM

WHERE:
444 Hana Hwy, Suite A-1 (next to Maui Coffee Roasters)
Kahului, HI 96732

WHAT:
Come to our FREE workshop and get your all your real estate questions answered in one place! We’ll have a team of professionals from Bank of America, Coldwell Banker Island Properties and Old Republic Title and Escrow discussing topics related to buying and selling property on Maui. Relaxed atmosphere, Keiki welcome and there will be Door Prizes, too!

REGISTER NOW

Open House in Upcountry Maui!

Open House in Upcountry Maui! Come see this lovely 3-bedroom home (with over 1400 sqft) nestled up to a golf course in cool upcountry Maui! Open House, today from January 12, 2014  from 12:30 to 5:30 pm! Click the picture below to see a more photos of this beautiful home!

Address: 2740 Liholani St #3, Pukalani, HI 96768

Greg Poppy Maui Hawaii Real Estate

Best Buy in Kihei for $500,000

The best buy in Kihei for $500,000 is Kamaole Sands 2-106.  This unit, listed at $549,500, has one bedroom and two bathrooms and sits on the lawn in the highly-desired central part of Kamaole Sands.  The unit features an upgraded kitchen, a lanai with sunset views, and is directly across the street from Kihei’s most popular beach park, Kamaole III.  Also, while it is on the central part of the complex, its far enough away from the pool to enjoy quiet evenings on your lanai.

Kamaole Sands is one of South Maui’s most popular condominium complexes.  It is within short walking distance to three popular beach parks and shopping.  In addition to Kamaole III, Keawekapu and Kamaole II beach parks are a short walking distance to the south and north respectively.  And by car, world class golf, dining, and  shopping are just minutes away in beautiful Wailea!

Click the picture of Kamaole III Beach Park to view a photo gallery of the unit.

Best Buy in Kihei for $500,000(photo courtesy of islandgypsyhawaii.com)

 

 

Please see my contact info below for any questions about this or other exciting properties here in Maui.

Greg Poppy Maui Hawaii Real Estate

 

This listing is offered by Windermere Valley Isle Properties.

This information is believed to be accurate. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon.

Best Buy in Kihei for $400,000

The best buy condo in Kihei for $400,000 is Kauhale Makai 514.  This is an oceanfront unit in an oceanfront complex, and it is listed at $449,000.  The unit features two beds-two baths with 975 sqft and two ocean facing lanai!  The condominium allows vacation rentals which makes this unit a potentially great investment property at this price!

Kauhale Makai sits adjacent to 4+ miles of white sandy beaches.  The property features a resort style pool with a jacuzzi and fantastic BBQ grills.  It also has shuffleboard, a putting green, and a recreation area.  The maintenance fee includes electricity (a rarity in Maui!) and all units feature Central A/C!

To see a slideshow of photos from this property, click here.  To view this or other properties, please contact me at greg.poppy@sbcglobal.net

Greg Poppy Maui Hawaii Real Estate

This listing is offered by Coldwell Banker Island Properties

This information is believed to be accurate. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon.

Open House Today! Kai Malu 34A

Today, from 10am to 5pm, Come see the private oases with quiet and comfort at Kai Malu,  townhouse condominiums that live like your own home.  Surrounded by the Wailea Old Blue Course, this property features an infinity edge pool with a panoramic views of the ocean including the outer islands, a community exercise facility, men’s and women’s saunas, and an owner’s Pavilion with BBQ grills.   In addition to the amenities available, Kai Malu has beautifully maintained landscaping and ocean views from nearly all units.  Kai Malu 34A is nestled at the end of a cul-de-sac with a private drive (approximately 30% of the units in this complex have one).  The unit also pops-out from the rest and backs up to a wash creating a private backyard; a feature shared only a few others in this development! Looking for a private oasis near all that Wailea has to offer? This unit has it all!

Greg Poppy Maui

listed by Sara Ferguson/Coldwell Banker Island Properties (Shops at Wailea)