Tag Archives: wailea

Spring Newsletter

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Aloha All,

We thought it was time again for a little update of real estate statistics and happenings on Maui.

Many regions of the US Mainland continue to experience a slow-down although the majority of areas are also seeing modest increases in prices.  The vast majority of economists continue to predict that the market will continue to steadily increase, but at a much more sustainable pace (3% or so).  The really good news is that the FED’s have indicated that there will be no interest rate increases from them for the rest of the year.

Inventory on Maui is still shrinking, and the “Median” Sales Prices increased 4.8% to $712,718 for homes, and increased 13% to $524,500 for condominiums.  On the other hand, the “Average” sales prices for homes decreased 11.1% to $1,001,880 and the average sales price for condos decreased .03% to $693,952.  Less inventory could mean upward pressure on prices in the long run. The reason for this disparity may be found in people more willing to purchase in the lower price ranges.

Luana Garden Villas at Honua Kai pre-sales continue to be strong – over 85% are now under contract.  Kalama Kai in Kihei has broken ground and vertical well building is under way.  D.R. Horton is currently offering new construction homes in Wailuku with some interesting incentives.  They are 2 story, with 3 or 4 bedrooms and priced between $667K-$721K.  We have some exciting listings in Wailea, Kapalua, Kahului, Kihei, Pukalani and Haiku ~ homes, condos and vacant land.  Just to mention a few locations: Wailea’s Best Villa with full garage, a large 4,100 square foot ocean view custom Wailea  home, a totally remodeled ocean view Maui Meadows home with cottage, plus so many more all over the Island.  Be sure to check all the featured listings on our website www.MauiRealEstate.net

Please give us a call for updates for your specific area.  We are here to help.  Following are our numbers.

Clint Hansen, R(B) 808-280-2764

Donna Hansen, R(S) 808-280-1650

Bob Hansen, R(PB)  808-283-9456

The Hansen Ohana

Maui Luxury Real Estate LLC

dad@mauirealestate.net

Open Today And Available To View!

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Open Today, Friday April 12th, From 9:00 am to 12:00 pm

1786 Halama

Prime Oceanfront Location! 3 bedroom beach house and detached 2 bedroom cottage with a 400+ square foot storage room offer a variety of living options. Owned PV and solar hot water systems add to the incredible value of this property.

Open Today, Friday April 12th, From 1:00 pm to 4:00 pm

370 Kai Malu

From Piilani turn down Okolani then take first left turn. Wailea’s Super Special! Located at the end of a cul-de-sac lies a well maintained and upgraded three bedroom, two and one-half bath townhouse with furnishings. Great room opens to extended lanai with wet bar and beautiful sprawling lawns. Ocean views from the Master bedroom and balcony.

Available See All Weekend By Appointment!

Wailea Kai

Gorgeous oceanview home ideally located in Wailea Kai – close to Keawakapu Beach! This palatial residence with 4 bedrooms beautifully incorporates the flow of the home into one of the largest yards with secluded pool in the neighborhood!

Open Homes And Available To View!

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Open Today, Friday March 1st, From 9:00 am to 1:00 pm

1786 Halama

Prime Oceanfront! 3 bedroom beach house and detached 2 bedroom cottage with a 400+ square foot storage room offer a variety of living options. Owned PV and solar hot water systems add to the incredible value of this property.

Open Today, Friday March 1st, From 1:00 pm to 4:00 pm

370 Kai Malu

Wailea’s Sweetheart Value! Wake up to ocean views or entertain on your expanded lanai and greenbelt views. Enjoy 3 bedrooms, 2.5 bath townhouse with 2 car garage ready to move into. Fitness center, infinity edge pool, spa and recreation center amenities.

300 Pualoa Nani

Available By Appointment!

See for yourself this custom designed home with 4100 sq feet of Wailea living with deeded ocean view easement. Owned photovoltaic system plus heated pool with hot tub. Ask about today’s special pricing!

Available By Appointment!

Phenomenal Ocean Views!

Stunning North Shore Estate with main home and detached ohana on over 4 acres. Equestrian possibilities. Opportunity is calling….

The Hansen Ohana Newsletter January 2019

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HANSEN OHANA NEWSLETTER

Happy New Year!

Thank you to all those who have contributed to The Hansen Ohana’s annual drive for deserving children on Maui.  This year we topped last years’ numbers by over 25%. That is the most money, toys and gift cards we have ever received and donated.  Mahalo nui to all for such a fantastic response.

We are in yet another high season  ~ busy time for real estate.  Here’s a quick update on the market.

By now we’ve probably all heard or read reports that many US markets are experiencing a slow-down.  Early to mid-last year Realtors were complaining that they wanted more inventory and stable prices.  Well, we have that now and some still complain.  The vast majority of economists predict that the market will continue to steadily increase, but at a much more sustainable pace (3% or so).  Many economists are calling it a “soft-landing”.

Inventory on Maui is still shrinking, but some price increases have moderated.  Island wide Single-family homes had a median price of $708,750 which is a moderate 3.4% yearly increase which is similar to the Mainland.  Condos had a median price at $493,500 which is a huge 21.1% yearly increase.  The reason for this disparity may be found in people more willing to purchase in the lower price ranges and the significant amount of closings in new developments like Kamalani in North Kihei or phases of existing developments like Kamani at Kehalani.  There are many indicators that Maui may soon be matching the more moderate 3% ish increases to match of the rest of the US.  Keep in mind that these are general figures and sales in certain price ranges and areas can vary significantly.  To discuss areas of most interest to you in more detail please call us any time.

Luana Garden Villas at Honua Kai pre-sales continue to be very strong – tomorrow morning the final 15 Villas are being released.  Kalama Kai in Kihei has broken ground and vertical building is well under way.  Demolition of the old Maui Prince Hotel in Makena continues along with construction of multiple new oceanfront Makena homes.  If you’ve been to Pukalani lately you’ve likely noticed that an increasing number of the lots in Kualono have also homes in various stages of construction as well.

Be sure to check out our current listings that include some fantastic land opportunities, a Kihei oceanfront home best buy opportunity, a beautiful Wailea home with a view easement and some exciting island wide home and condo options.  If you’ve been watching the market and don’t see quite what you are looking for or are considering selling please give us a call.  There can be opportunities available prior to hitting the open market.

Please give us a call for updates for your specific area.  We are here to help.  Following are our numbers.

Clint Hansen 808-280-2764

Donna Hansen 808-280-1650

Bob Hansen 808-283-9456

The Hansen Ohana

Maui Luxury Real Estate LLC

dad@mauirealestate.net

Open Homes Today Friday January 25th

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Open Today, Friday January 25th, From 2:00 pm to 5:00 pm

370 Kai Malu

From Piilani turn down Okolani then make your first left turn.

Wailea’s Best Value! Located at the end of a cul-de-sac lies a well maintained and upgraded three bedroom two and one-half bath townhome. Great room opens to extended lanai with wet bar and beautiful sprawling lawns.

Open Today, Friday January 25th, from 8:00 am to 11:00 am

1786 Halama

Prime Oceanfront Location! 3 bedroom beach house and detached 2 bedroom cottage with a 400+ square foot storage room offer a variety of living options. Owned PV and solar hot water systems add to the incredible value of this property.