Real Estate Maui Hawaii Blog

Mark and Lisa bring you the latest on the Hawaii real estate market, events, fundraising benefits, news, sports, new island developments, tips to help you buy or sell a home and more. Subscribe to receive updates on our weekly blog today!

Why Condo Homes for sale at Papali Wailea are a Hot Property Investment

In the market for an award-winning luxury condo in South Maui, Hawaii? Papali Wailea real estate is making owning a piece of paradise a reality!
March 22, 2019


As the winner of the Builder’s Merit Award, the Papali Wailea condominiums for sale and it’s  master built community is home to some stunning, large luxury condominium homes that are architecturally beautiful and ideally located. Not to mention they’re in one of Maui’s most active neighborhoods. Quiet, clean, with plenty for you to do and see, it is no wonder that Wailea is an incredible place to live in Hawaii! And with nearby five-star resorts, high-end restaurants just down the street, shopping and some of Maui’s best beaches, you can’t go wrong with investing in Wailea real estate.

With 24 residential luxury condo units with floor plans that include 2,386 square feet, this condo resort property spreads across 10.45 tropical acres. The condominium homes for sale in Papali Wailea are typically built as one level, and come with 3 bedrooms and 3.5 bathrooms, along with unmatchable views of the ocean and nearby islands. Privately built and equipped with designer furnishings, the South Maui condos for sale here are luxurious and inspire relaxation, peace, and beauty.

On the inside, these luxury condos are elegantly designed and come complete with vaulted ceilings that showcase the artistic Alaskan cedar beams along with tasteful granite countertops, custom woodworking, and so much more! They are spacious and modern, making an excellent Hawaii real estate investment for a home away from home.

And while the interior and design of these amazing homes for sale are worth mentioning, the perks of being a homeowner of Papali Wailea condos are equally as appealing. Property owners in this community have access to an on-site manager at all times, a lap pool with an oversized Jacuzzi and a state-of-the-art fitness center. All you need is in your backyard and what more could you ask for in terms of lifestyle and relaxation.

We hope you enjoyed learning about this excellent Wailea real estate neighborhood and look into stopping by and checking out some of the condos for sale here soon. If you’re interested in seeing what else is for sale on Maui in terms of luxury homes, condos, land and more then keep checking back on our website and scroll through our new listings. You can also search for homes by neighborhood. You can find everything from real estate for sale in Kapalua to Maui’s upcountry town of Pukalani. Have a great week and a hui hou!

Making Maui Safer with Street Light Upgrades

If you have been on the fence about making a Hawaii real estate investment, we have some good news! Maui County is making moves towards making this island paradise even safer.
March 15, 2019


In terms of places to live in the world, Maui is darn near perfect. The views of the ocean and surrounding islands, the whales, the rolling countryside, tall mountains, waterfalls in Hana and so much more make Maui one of the best places to call home. But just like anywhere else, there’s always room for improvement. And that’s why we are happy to hear that Maui County officials have been proactive in making our island safer by upgrading our street lights.

The Department of Public Works in partnership with Maui Electric Company (MECO) is currently in the process of installing close to 5,000 new energy-saving street lights throughout the island of Maui. This project focuses on replacing the current high-pressure sodium light bulbs with LED street light fixtures. LED are considered to be one of the most energy-efficient types of lighting as it uses a fraction of power compared to other types of lights. In addition, they also have a longer expected lifespan, which will reduce the need for long-term maintenance on Maui’s streetlights.

The first phase of the project calls for around 1,889 fixtures servicing the roadways of parts of East, West, and Central Maui with portions of this upgrade already completed. The second phase of the installation includes approximately 2,931 fixtures and is scheduled to start in early 2019 and wrap up towards the end of the year. During that period the county-funded streetlights of Upcountry, South Maui real estate, and other parts of the west side can expect to be working with minimal impacts to traffic though pedestrians on sidewalks might see some detours. MECO also expects that the electrical service to each affected area will go uninterrupted.

That’s some exciting news for island paradise and makes buying a home on Maui that much easier to consider. If you’re looking for a home or condo in paradise, then keep checking back to our website where you will find a large selection of properties for sale on the island. We also suggest you check out our list of hot picks for some great finds on the market on Maui.  You might also want to use our handy real estate map to search homes in different areas on the island. You can contact us at any time and we’d be happy to help you with your housing search in Hawaii. Have a great week and stay safe. Aloha.

Maui January 2019 Real Estate Market Stats are OUT

Shopping for Maui real estate? Be sure to check out the latest market trends before making an investment!
March 08, 2019

The Maui Realtors Association recently released the January 2019 real estate statistics and as usual, the Maui market trends remain strong with Hawaii home sales steady.

According to the report, Maui home sales are beginning to slow in America right now despite lower unemployment and steady wage growth. Experts say it is a combination of high prices for homes and a steady stream of interest rate hikes from the Federal Reserve. That being said, the fed responded to the growing affordability problem and did not increase rates during January 2019. And while affordability may be an issue this year, it seems as if Maui’s real estate market trend will continue to show improvement as inventory increases over the next few months. 

As for January, the Maui real estate market saw new property listings decreased by 7.7 percent for single family homes for sale and 10.8 percent for condos for sale. Pending sales fell by 3.7 percent for residential homes and 5.1 percent for condominium homes. Inventory decreased by 15.4 percent for Maui houses for sale and 19.7 percent for condos. Property median sales prices increased by 3.5 percent to $730,000 for single family homes and 4.4 percent to $528,450 for condominium homes. Days on the market decreased by 8.7 percent for single family homes and 14.3 percent for condominium homes. A months supply of inventory dropped 8.3 percent for single family homes and 21.8 percent for condominium homes.

For real estate in South Maui, 38 Kihei condos for sale sold for a total of $21,579,499 at a median sales price of $492,000. This compares to last year when 37 condos were sold for a total of $16,585,000 at a median sales price of $410,000. In Maalaea, there were three condos sold at $1,571,000 at a median sales price of $460,000. Last year during the same time there were four condos sold for a total of $$1,398,000 at a median sales price of $384,000. In Wailea properties, there were 12 units sold for $18,694,100 at a median sales price of $1,344,550. There were 26 units sold during the same time last year for a total of $30,945,946 and a median sales price of $968,572.

As for home sales in Kihei, there were eight units sold for a total of $7,417,850 at a median sales price of $806,425. There were nine sold during January 2018 for a total of $7,527,920 and a median sales price of $673,000. In Wailea, there were three units sold for a total of $5,231,000 at a median sales price of $1,700,000. There were four units sold during the same time last year for $16,275,000 at a median sales price of $2,900,000.

Feeling a little overwhelmed? With all the different numbers and property options, making the right real estate investment can be a stressful experience. If you are searching for the perfect piece of paradise on the Maui MLS search, get in touch with us today! Specializing in Maui real estate, Mark and Lisa can help guide you through the process.

Blogs for March 2019

Why Condo Homes for sale at Papali Wailea are a Hot Property Investment

Posted on March 22, 2019


As the winner of the Builder’s Merit Award, the Papali Wailea condominiums for sale and it’s  master built community is home to some stunning, large luxury condominium homes that are architecturally beautiful and ideally located. Not to mention they’re in one of Maui’s most active neighborhoods. Quiet,… Continue Reading

Making Maui Safer with Street Light Upgrades

Posted on March 15, 2019


In terms of places to live in the world, Maui is darn near perfect. The views of the ocean and surrounding islands, the whales, the rolling countryside, tall mountains, waterfalls in Hana and so much more make Maui one of the best places to call home. But… Continue Reading

Maui January 2019 Real Estate Market Stats are OUT

Posted on March 08, 2019

The Maui Realtors Association recently released the January 2019 real estate statistics and as usual, the Maui market trends remain strong with Hawaii home sales steady.

According to the report, Maui home sales are beginning to slow in America right now despite lower unemployment and steady wage growth. Experts… Continue Reading

Join the Fun at Color Festival Hawaii on Maui this April 2019

Posted on March 01, 2019

If you are looking for things to do in Hawaii that is family-friendly as it is fun, we would like to invite you to a Maui event happening this spring! This coming April 13th, Imua Family Services along with the Maui Arts and Cultural Center will be hosting… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

Coldwell Banker Island Properties
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