2021 and 2022 were two of the most epic years the Maui real estate industry has seen in a very long time. There was an unprecedented rise in property values as well as some of the lowest mortgage interest rates in history. In many ways, the gains of just the last two years is comparable […]
Category Archives: South Maui Real Estate
December 2022 Maui Real Estate Report
The Maui real estate market in December 2022 remained active, with similar levels of sales and median prices as seen in previous months. This suggests that the market has maintained its steady pace, despite some challenges such as rising mortgage rates and a decline in consumer confidence. However, it’s worth noting that the median sales […]
Small Business Spotlight — Green Island Charters
If you’re live around or are visiting the South Kihei, Wailea or Makena area, let there be no doubt, the Kihei boat ramp is the most convenient place to launch a private fishing charter. Not only because of its prime location, but also the numerous options on offer. Currently, there’s dozens of small boat operations […]
November 2022 Maui Real Estate Report
Combined property sales across Maui County continued to decline last month, with only 145 transactions in all of November. We aren’t quite in that definitive buyers market yet, however, as we touched on last month in October’s report. In fact, even with slowing sales, the general lack of new inventory has helped maintain a couple […]
Navigating the Maui Real Estate Correction
There’s been a major shift in the Maui real estate market the past few months. In general it’s been cooling down, with considerably less buyer demand compared to the first quarter of 2022. With recent federal interest rate hikes, an increasingly volatile stock market, and the war in Ukraine, many of our buyers have held a “wait […]
August 2022 Maui Real Estate Report
Maintaining recent local and national real estate trends, Maui’s market continues to find its balance. Most notably, the median sales price of single family homes slipped below the $1 million mark for the first time since October 2021. On the other hand, the condominium sector stayed hot, with a 27% increase in sales price compared […]
Number of Wailea condos for sale is highest in 14 months
The number of active listings on the Maui MLS for Wailea condos just reached 25 which is the highest inventory we’ve seen since May 2021. This is great news for buyers who have been waiting for the right signal in the market and we’re here with all the info on Wailea communities with new listings […]
South Maui 2022 YTD Condo Analysis
Six months into 2022 and it has been a whirlwind of a market between slim inventory, increased travel demand, rising interest rates, and numerous external factors. Q1 continued the upward trend from 2021, while Q2 has experienced a return to a normalized market while still increasing at slower rate due to the lack of inventory. […]
Record Sale by the Sayles Team at Na Hale O Makena
Penthouse Dream: Na Hale o Makena C402 The Sayles Team is proud to represent the buyer of this spectacular penthouse apartment with unobstructed views of the Haleakala summit to the West Maui Mountains and Lanai, creating an experience LIKE NO OTHER apartment in Na Hale O Makena. Two-level living with 2 ensuite bedrooms, loft with […]
Masterfully Designed Ho’olei Villa Listed by the Sayles Team
Ho’olei Villa 93-3 Welcome to your Maui villa: Ho’olei 93-3. This is an absolute gem of a home, and is being offered completely turn-key by the sellers. Designed by a prestigious California interior design firm, this villa is both modern and elegant. From the moment you walk through the front door, you will notice the […]