Maui real estate stands out as one of the most robust and promising long-term equity growth markets in the world. Its allure extends far and wide, attracting investors from various corners of the country and around the globe. In fact, non-residents own about 25% of Hawaii’s real estate, a fact that poses challenges for both […]
Category Archives: Market Insights
1031 Exchange — Biggest Tax Loophole In Real Estate?
When an investor sells an investment property for more than it was paid for originally, any profits from the sales price are subject to capital-gains taxes. There is however a way to defer capital gains taxes thanks to current IRS Section 1031 of the tax code. An investor can sell their previous investment property (aka […]
Record Setting Month For Maui Condos!
June 2023 Maui Real Estate Report Welcome back to your monthly market recap and the June 2023 Maui real estate report. At the midway point of the year, Maui’s real estate market continues to hold its pace as all key indicators (such as total sales, median price, days on market, and new listings) have remained […]
Who Are The Top Real Estate Agents On Maui?
Dano Sayles — Consistent Top REALTOR On Maui! Please join us in congratulating our team leader, Dano Sayles, for the national recognition he received as the #7 REALTOR in Hawaii by sales volume, and the #2 ranked REALTOR on Maui for 2023! Earlier this month (June 2023), RealTrends announced their 18th annual “The Thousand List”, […]
Nightmare News For Indecisive Buyers
May 2023 Maui Real Estate Report Those waiting for Maui home prices to drop will be disappointed to learn that the median sales price of single-family homes (SFH) established a new all-time high in May: $1,271,500. At the same time, median prices for condos stayed steady at $835,000, just 8% from their all time high […]
How To Create A CPR On Maui
On Maui, creating a Condominium Property Regime (“CPR”) allows a property to be divided into two or more separate units of ownership. This is an incredible opportunity to divide up a property without going through a formal subdivision process which takes much longer, and in many cases can be cost prohibitive. Even though the underlying land […]
Sayles Team Proud to Represent Exclusive Makena Beachfront Home
Welcome to the exquisite shores of Hale Palauea, where breathtaking beauty meets luxury living. Nestled amidst the turquoise waters of Makena in South Maui, exists a hidden gem…arguably the finest beachfront estate in all of Hawaii! Located on a pristine stretch of sand; even though you’re minutes away from the popular Wailea condos and resorts, […]
April 2023 Maui Real Estate Report
The recent uptick in sales activity was short-lived, as there were 52 fewer sales in April than in March 2023. Furthermore, year over year, total sales are down 46%. Even so, while sales activity has slowed, median sales prices are holding strong at $1,112,500 for single-family homes and $877,000 for Maui condos. Combined, all property […]
March 2023 Maui Real Estate Report
Welcome back to your monthly Maui Real Estate Report, where the landscape has mostly plateaued compared to both last month as well as year over year. Overall, Maui’s real estate market showed some more life, as total sales for single-family homes, condos, and vacant land jumped to 206 total transactions, up significantly from the recent […]
February 2023 Maui Real Estate Report
Welcome back to our monthly series of Maui Real Estate Reports, where we help you crunch the important numbers and better process the data and market trends. Let’s jump right to it! Maui’s overall real estate market held previous levels, as slower sales activity continued in February. While many speculate as to the direction of […]