Tag Archives: Maui Luxury Real Estate LLC

Low Inventory Increases Home Pricing

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Maui home prices have increased 8.8% in the last year and condominium prices rose 7.2% for 2016. These market increases are due to low inventory. Most housing markets across the nation have shown an increase in the median price.

Once listings hit the market, houses and condos were selling at a faster pace than in 2016. Days on the market for homes was down 8.4 % and for condos down 3.8%. Kihei accounted for 40% of the condos sold in 2016.

New housing projects to look for in Kihei by Alexander & Baldwin’s Kamalani. The first phase of this new development will be releasing 170 units.

Feel free to contact the Hansen Ohana for all your real estate needs! To read more on the market trends for Maui, visit the Maui News website here.

Maui Fresh Farmers Market

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Tuesday, Wednesday and Friday from 8 am to 4 pm at the Queen Kaahumanu Center come enjoy Maui Fresh Farmers Market! Enjoy locally grown produce, vegetables, berries and baked goods! Food booths, fresh flowers and local fish will also be available. The Queen Kaahumanu Center website has information on this event as well as other upcoming events!

Hawaiian Airlines Adding More Flights

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Hawaiian Airlines is looking to add more flights to Kapalua due to high demand. More residents are taking flights from Kapalua to Oahu. These flights previously were considered to be taken only by visitors. Hawaiian Airlines will also be looking at doing direct flights to Las Vegas and also to Long Beach.

To read more information on the changes with Hawaiian Airlines here via Maui News.

Open House

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Please join us for an open house of Maui Vista #1424 on Monday January 8th, from 1:00 pm to 6:00 pm. Physical address is 2191 S. Kihei Rd.

Terrific ocean view location across the street with quick access to Charlie Young and Kamaole Beach One. Also close to the popular Cove surfing beach. This nicely maintained two bedroom two bath condo (the upstairs bath has a shower) enjoys the vaulted ceilings the top floor offers. There is an elevator for convenience and of course also stairs. There are ocean views from the living room and lanai. The community offers three pools, six tennis courts, lots of BBQ’s and tons of parking. A/C unit, commercial grade carpet and refrigerator are within the past year. Also note that Building one has had the relining of the vertical waste water pipes completed while Bldg 2 & 3 will need to be completed 2018. Additionally the TV definition has been upgraded to a high-definition cable television service.

November Stats

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Thank you to our friends at Old Republic Title for providing these cool graphic breakdowns for Maui Real Estate for the past year. Provided are the statistics for single family homes, condominiums, and land sales. Big jump in the median pricing for condominiums, a slight increase for median home prices, and slight decrease for land pricing. You can use these graphics as a guide for following the Maui market trends.