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

 

Advertisements

Nani Kai- Keawakapu Beach Estate

Come experience what few will get to enjoy, Nani Kai, offered at $15.9mm, at 3032 South Kihei Road provides its next owner the opportunity to own an oceanfront estate on the best beach on the best island in the world.  This home has everything you want to enjoy your Maui lifestyle. (click on any of the photos for the listing* details)

3032 S. Kihei Rd

Nani Kai- Ocean Side View

Offering 95 feet of frontage on Keawakapu Beach, Nani Kai has a three bedroom and two bath residence with over 2,900 square feet of living space.  .The home was remodeled in 2008 with the finest materials including honed granite, exotic woods, hardwood floors, and a copper roof.

IMG_2998

Nani Kai- Oceanview from Property

This oceanfront estate also offers stunning sunset and ocean views, and a private gate and path down to the beach.  Snorkeling, scuba diving, lazy days at the beach are all with in steps of your oceanfront lawn.

Kitchen

Nani Kai- Kitchen with Walk-up Bar

The open floor plan in the great room is accentuated by Ohia posts and a Monkeypod island with a walk-up bar. Enjoy the refined elegance of this Hawaiiana home with pocket doors that disappear from your view and offer seamless indoor/outdoor living.

Heated Salt Water Pool

Heated Saltwater Pool

Between the main house and guest cottage is a heated saltwater pool for private sunbathing or those days when it is too windy for the beach.   With the guest cottage on the roadside of the estate, the pool is your own private oasis.

Finely Appointed Guest Cottage

Finely Appointed Guest Cottage

The guest cottage, remodeled the same time as the main house, was given some of the same treatments as the main house.  You can use the cottage as an office, a pool house/recreation room, or as quarters for a live-in caretaker.

Please call me if you have any questions about this home or for any other real estate need you have on Maui.

*This property is offer courtesy of Coldwell Banker Island Properties

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

Fantastic Value in Waiehu Terrace

664 Hilinai Street is located on Maui’s northwest shore in the Waiehu Terrace neighborhood of Wailuku.  This home is close to all the conveniences of town including Costco, Downtown, Hospitals, and School.  It even has some mountain and ocean views!

Please watch the video below for more information.

5 Days Remaining: Home Buying and Selling Seminar

My Free Community Workshop is coming up in just 5 days! If you have questions about buying or selling property on Maui, then come to this laid-back gathering where you can learn more about it from a realtor (me), a lender and an escrow officer all in one place. Keiki welcome, door prizes.
To register: www.GregPoppy.com/reworkshop

5 Questions in 5 Days:
Question #5- Before shopping for a home, why should I get pre-qualified for a home loan?
Click the link above or the picture below to register for this free workshop.

RE Workshop Question #5

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

Questions about buying or selling on Maui? (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 at Coldwell Banker Island Properties (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

Helping Maui Buyers’ Home Dreams Come True

Greg Poppy Maui Home in Paradise

“Greg went above and beyond our expectations representing us as our buyers agent! When we had difficulties with the title company and clearing the items on the title report he worked hard and was able to get those items removed. If there was something Greg didn’t have an answer to a question he would get it as quickly as possible. Greg definitely knows the market in Maui. As your agent Greg will look out for your best interest if he represents you as a buyer or seller!” (Shannon Carrier of SMC Property Solutions)

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

Real Estate Workshop

Interested in buying or selling a home on Maui. Come our free workshop where we will have a team of professionals from Bank of America, Coldwell Banker Island Properties, and Old Republic Title and Escrow discussing topics related to the purchase or sale of your home on Maui.

News Paper Picture

Date:           Tuesday, May 19, 2015
Time:           5:30PM- 7:00PM
Hosted by: Coldwell Banker Island Properties
444 Hana Hwy., Suite A-1
Kahului, HI 96732