Maui Real Estate Listings - Homes
Featured Listings - Katrina's Hot Picks for Maui Homes
Custom Upcountry Hawaiian Style Home
This custom Hawaiian style home was built with quality materials and eye for details such as birch and maple wood floors, imported Italian tiles and Imperial plaster walls. Great lanai, lots of large windows, top of the line appliances and open-beamed ceilings are just some of the features to be found. List Price: $ 1,500,000.
Beautiful Wailea Ocean View Home for Sale
Best Location in Wailea Kialoa on the greenbelt! This 3 bedroom, 2.5 bath luxury home is constructed of the finest - all Travertine and Limestone, Pocket Doors, Vaulted Ceilings, Pool, Jacuzzi and more. Overlooking beautiful OCEAN views, Great Privacy. Listing price: $3,250,000
The Current Maui Real Estate Home Market
As of July 2007, the number of homes sold on Maui has increased 20% over the same period last year. At the same time the average price for a home, currently standing at $958,906, has seen a average price decrease of 9.5%, down from $1,002,286.
Central Maui has seen the most activity in the first quarter of the year. There were 299 home sales in this area, an 80% increase over the previous year or 42% of the entire single-family home sales market. While the volume was up, as expected with the overall correction currently taking place, the average price in the Central Maui area dropped 17%. This means a house that sold for $643,964 in 2006 sold for $534,185 in 2007.
The Wailea-Makena area, one of Maui's most luxurious house markets, had 29 single-family sales in 2007 with 22 for the same period a year ago. The average sales price on these homes dropped slightly from $3,215,523 to $3,208,198.
Home prices in Maui's other luxury home market, Kapalua, saw an increase in sales price from an average price of $3,700,000 to $6,318,421. There were only 7 single-family units sold in Kapalua, up from 3 the previous year. With so few units sold, it is possible that the high sales price of just one home has had a significant effect on the average sales price.
Home sales in the Kihei area, the third busiest homes sales market on the island, saw a 10% drop in units sold over the past year, from 117 to 105 units. The average price fell from $841,453 to $762,590, a decrease of 9.3%.
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Katrina Pitman Real Estate
P.O. Box 1733, Makawao, Maui, HI 96768
Phone: (808) 298-6938
Email: Katrina@KatrinaPitmanRealEstate.com
Credits: Photo of Bay in Hana, Maui by Ralph Ward of Ralph Ward Photography: rsw108@gmail.com
© 2007 Katrina Pitman Consulting Services