Welcome back to another edition of your insightful monthly Maui real estate update! Recent trends persist for the overall Maui real estate market as single-family home sales continue to increase, while the condo market remains mixed when it comes to sales activity. Across the island for February 2024, Maui real estate experienced a slight dip […]
Category Archives: Vacation Rental
Wailea Excellence: Sayles Team Ho’olei Mastery
Specializing in Luxury: Our Recent Success at Hoolei Renowned for our expertise in the Wailea real estate market, The Sayles Team has once again demonstrated our mastery with recent notable achievements at Ho’olei. Our team successfully closed the sale of Ho’olei Villa 17-4 for $5,950,000 and brought back the exquisite Villa 63-2 to the market, […]
Winter buyer’s guide to Oceanfront Condos
There are currently 172 condos available for purchase located in oceanfront communities which is the highest number seen on the market in quite a while. The low inventory doldrums that were prevalent since July of 2022 are now in the rearview mirror and the increased number of available oceanfront condos, along with the improved variety […]
Exclusive Opportunity: Discover a Rare Gem at Wailea Ekahi 35B
In the heart of the prestigious Wailea Ekahi community, a unique opportunity beckons for those seeking unparalleled luxury and exclusivity. Presenting the only 2-bedroom townhome-style villa currently available for sale – a property that exudes elegance and sophistication. As we mentioned in our recent 2023 Wailea Ekahi market report, these opportunities are exceedingly rare. In […]
Need to Know: New Maui Property Tax Rates
Maui County has recently announced the property tax rates for the upcoming 2023/2024 fiscal year. Following several noteworthy adjustments in rates and classifications in past years, the Mayor and the County Council have chosen a more conservative approach for the upcoming fiscal year. Our property taxes for homeowner occupants continue to be the lowest in […]
What Are HARPTA/FIRPTA? A Must Know For Canadian Buyers
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 […]
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 […]
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 […]