The Latest From Our Blog

This is where you can find out more about what's new at Aloha Group Maui - new listings, video tours, 3D tours, price adjustments, open houses, our community involvement, and Maui fun!

 

Oct. 19, 2017

Price Reduction - 3843 Lower Honoapiilani Rd

 

3843 Lower Honoapiilani Rd  Lahaina, HI 96761

1/2 Acre Developer/Investor Opportunity

MLS #374694       $1,189,000

Listed by Robyn Curletti

CLICK FOR MORE INFO & PIX!

 
Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Listing News
Oct. 17, 2017

Kaanapali Golf Course Ocean View Home

 

The Pinnacle House.

98 West Mahi Pua Place  Lahaina, HI 96761

3 bed/5 bath   3,889 SF

MLS #370455   $2,900,000

CLICK for more pictures and information.

 

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Listing News
Oct. 16, 2017

The Whales Are Back!

Two humpback whales were spotted near Kapalua last week. The first sighting of the season took place on Tuesday, October 10 at 9:32 am. Hawaii's humpback season typically runs from December through March. The peak of the population of humpback whales off Hawaii is February and March.

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Maui Fun
Oct. 13, 2017

New Listing - 567 Kaiola

 

5 bed/3 bath  -  2,272 sf

567 Kaiola Street  Kihei, HI 96753

MLS #375918       $825,000

Listed by Kathy Becklin

CLICK FOR MORE INFO & PIX

 

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Listing News
Oct. 12, 2017

Just Sold - 5131 Hanawai St

 

5131 Hanawai Street - 3 bed/1 bath  -  864 sf

Cool Napili!

MLS #371493

SOLD FOR $387,000

Listed by Lee Potts

CLICK TO SEE OUR CURRENT LISTINGS!

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Listing News
Oct. 10, 2017

Kaanapali Shores Sales Stats Q3 2017

 

Total number of units listed for sale at Kaanapali Shores during Q3 2017:    29
Total number of units sold at Kaanapali Shores during Q3 2017:    6
Total number of units ACTIVE for sale at the end of Q3 2017:    11
Number of studios for sale:    4
Number of 1 bedrooms for sale:    2
Number of 2 bedrooms for sale (including specials):    5

During Q3 2017, there were 6 sales (none of which was a distressed property). There were 2 properties in escrow at the end of the quarter. There were 4 listings that expired and 5 that were cancelled without being re-listed. There is still 1 bank owned, leasehold studio listed.

Aloha!

Inventory levels at Kaanapali Shores, with just 5 fee simple and 6 leasehold listings, have declined to the lowest level in recent memory. Sales in the quarter declined along with the dwindling inventory. The 6 sales that closed were smart money. Five of those sales were cash and the other was a 1031 exchange.

Cash investors are typically pretty savvy, and they are buying.  With only 11 active listings we have about 5.5 months of inventory, which is leaning towards a seller’s market.

The 6 sales in Q3 included 1 ocean view studio, 1 garden view studio, 1 ocean view one bedroom, one garden view one bedroom, and 2 ocean view two bedroom units - all fee simple units. There were no leasehold sales.

Sold prices for the ocean view studio and one bedroom units increased in Q3. The ocean view studio unit sold for $400K, compared to a sale last quarter for $340K.  The ocean view one bedroom sale closed at $625K compared to $550K last quarter. The median sold price for the two bedroom ocean view units decreased to $818K from $840K last quarter.

The average days on market for active listings dropped to 189 at the end of Q3 from 165 last quarter, while the average days on market for listings sold in Q3 was 170, compared to 158 in Q2.

As of the end of August, the overall inventory level for Maui condos was down 21.9% from August 2016, from 826 units in 2016 to 645 units in 2017. With 5.4 months’ supply of inventory, Maui is also leaning towards a seller’s market. Median prices are up 4.9% and average prices are up 7.9% since August 2016.

With interest rates still hovering around 4% and visitor arrivals staying strong, the market is chugging along. Folks still love Maui, and it’s a great time to sell and still a good time to buy.

CLICK FOR MORE INFORMATION ABOUT KAANAPALI SHORES.

 

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Oct. 9, 2017

Aina Nalu Sales Stats Q3 2017

 

From July 1st to September 30th there were 6 listings and 4 closed sales. There weren’t any expired or cancelled listings at the end of the quarter. There was 1 pending sale and 1 active listing at the end of the quarter.

ALOHA from your resident experts!

In the 3rd quarter there were 6 listings, and 4 of them sold. At the end of the quarter there is only one active listing and one pending. Inventory levels continue to fall. Many of us remember when there used to be more than just one active listing, right?

Of the 4 sales in Q3, 3 were cash deals. Prices continue to inch up. They aren’t back to the original 2005-2006 sales prices, but there is still room for prices to increase.  Aina Nalu is still a good investment, and the 3 cash buyers out of 4 this quarter would support that notion – cash buyers are typically pretty savvy investors.

The 4 sales this quarter included two 1 bedroom units and two 2 bedroom 2 bath units. One of each category was upstairs and one was downstairs. The list prices for the 2 bedroom units have increased from a high of $450K in Q2 to a high of $468K in Q3.

Both one bedroom units sold for $350K in Q3, compared to the closing price in Q2 for a downstairs one bedroom of $329K. That’s a 6.4% increase in one quarter.

The closing prices for the two 2/2 units were $440K for the downstairs unit and $446K for the upstairs unit. The upstairs unit was never listed on the MLS. The closing prices for 2/2 units in Q2 ranged from $380K to $430K.  The highest priced closing in Q3 compared to the highest price closing in Q2 represented a 3.7% increase in one quarter.

As of the end of August, the overall inventory level for Maui condos was down 21.9% from August 2016, from 826 units in 2016 to 645 units in 2017.  With 5.4 months’ supply of inventory, it’s leaning towards a seller’s market. Median prices are up 4.9% and average prices are up 7.9%.

With interest rates still hovering around 4% and visitor arrivals staying strong, the market is chugging along. Folks still love Maui, and it’s a good time to sell and still a good time to buy.

CLICK for more information about Aina Nalu.


Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

 

Oct. 6, 2017

Open House - Aina Nalu K102

Open House - Sunday, October 8 - 10:30 to 2:30

Aina Nalu K102

2 bed/2 bath  -  846 sf

660 Wainee St K102 Lahaina, HI 96761

MLS #375337       $468,000

Listed by Lee Potts

CLICK FOR MORE INFO & PIX

 

 

 

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

 

Posted in Listing News
Oct. 5, 2017

95th Annual Maui Fair

This weekend is the 95th Annual Maui Fair! CLICK for details. One of the many FUN things to do on Maui!

 

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Maui Fun
Oct. 4, 2017

Just Sold - Kaanapali Shores 417

 

Kaanapali Shores 417

3445 Lower Honoapiilani Road #417  Lahaina, HI 96761

Just Sold for $769,000   2 bed/2 bath/1,004 sf

Another great listing SOLD by Aloha Group Maui!

CLICK to see our Current Listings.

CLICK for more information about Kaanapali Shores.
 

Aloha Group Maui is a part of KW Island Living, the Keller Williams Maui franchise. We can help you buy or sell a home or condo - for you to live in full time, part time or as an investment. Learn more about Maui Real Estate in our Maui Real Estate 101 resources section. Stay informed of market trends by reading the Maui Real Estate Advisor. We are your Maui Real Estate Professionals.

Posted in Listing News