Category Archives: Uncategorized

Global Christie’s Updates Brought To You By The Hansen Ohana

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The Hansen Ohana of Maui Estates International, proud affiliate of Christie’s International Real Estate, wanted to share with you some of the exciting news and updates that are happening within Christie’s International.

Christie’s will be traveling to Russia to host the Masterpieces Exhibition April 23-26. This is a preview of the most powerful and important art to be auctioned off this Spring season in both London and New York. Within the exhibition, a section will be dedicated exclusively to real estate. Videos, brochures, and magazines will all be available onsite. This will be a rare media opportunity for our network of fine art and real estate.

With limited inventory and high buyer demand, high-net-worth-individuals pushed prices of the luxury home market to historic highs. A new study by Christies International focused on the global luxury residential market. London led the way in the Luxury Residential Market with a property sale of $121 million. New York was second with a $88 million sale. The economic concerns that drive the general housing market did not affect the top tier sales that were achieved. Christie’s is the only global real estate network owned by a fine art auction house allowing unparalleled access to high-net-worth-individuals.

The Christie’s website has global information on properties, news and press releases, as well as global market updates. We at the Hansen Ohana strive to give you all the latest news locally as well as globally. Please contact us for all of your Hawaii real estate needs!

Great News On St. Patricks Day! Condo Sales Up!

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Wishing you a very Happy St. Patricks Day!  Condo sales reached a 5 year high in February topping the previous high of 98 condos sold in 2011.   Last month saw a total of 100 condos sold compared to January sales of 62 condos sold.  Kihei led the way for condo sales with 35.  Not only did the sales rise, meridian prices rose as well. The meridian condo price in February of $364,960 was a nice jump from January’s meridian price of $292,000.  Home prices also saw a rise in the market. Median price for a home sale in February was $550,000.  This is a 7% increase from the same time last year. You can read the entire article with more stats and sales by area via mauinews.com here. If you or anyone you know is interested in buying or selling property contact the Hansen Ohana for all your real estate needs!

Whale and Ocean Arts Festival

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Come celebrate the migration of the Pacific Humpback whales this weekend.  The event is being held this Saturday and Sunday at Banyan Tree Park from 9 am to 5  pm.  A great event for the entire family.  There will be live music, crafts, and local artists.  Don’t forget to bring your non-perishable food donations for the Maui Food Bank.  You can view more about this event as well as other local events via MauiNews.

Spending Is On The Up!

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After hitting a low in 2009, visitor spending on Maui has risen tremendously.  In 2012 spending increased 18.8% to $3.6 billion.   In just December alone, Maui visitors spent $357.8 million.  Arrivals via air were up as well for 2012 increasing 5.9%.  With all these visitors to our island, tourism based jobs rose 34,000 in 2012.  You can read more via mauinow.com here.  If you  or anyone you know is looking to buy or sell real estate on the Islands, contact the Hansen Ohana!