Aloha to All!  

 

Ever been whale watching?  There's nothing quite like the thrill of being out on the ocean (be sure to observe the 100-yard minimum distance regulation) while getting a close-up look at these magnificent creatures--certainly one of Maui's main attractions this time of year.  Actually, our whale season starts in December, with stragglers hanging around until late April, but now is the time that our numbers are the highest.

 

Speaking of numbers (segue), I promised year-end stats for 2006 (comparing to 2005) with this month's newsletter.  A capsulized overview looks like this:

 

                                                               # of Sales                      Median Sales Price

                                                            2006      2005                       2006            2005

 

 

Like many other parts of the country, our number of sales were down considerably, but the units that did sell still showed considerable appreciation, especially condos.  I believe that this speaks to the continuing high perceived value of Maui Real Estate, in spite of trends in other localities; there's only so much ocean-oriented real estate and a lot of people who want it.  Interestingly, number of sales in the Wailea/Makena area actually increased slightly for 2006.  If you would like to see more in-depth stats, simply click on this link Adobe Acrobat File; pages 10 and 11 focus on year-end comparisons by community.

 

This month's "Featured Listings" range from a great starter ocean view vacation rental unit in north Kihei, to a fabulous top floor Penthouse in the unprecedented Wailea Beach Villas (something for everyone!):

 

MLS #321788--Here's your chance to "get in the game".  This well-appointed, top floor, 1BR/1BA north Kihei condo in a well-maintained and popular vacation rental complex boasts nice ocean views and is located right across the street from one of south Maui's longest stetches of white sand beach.  My seller is motivated and says she will look at all offers.  Don't hesitate--priced to sell at $399,000!!!

 

MLS #321409--This one is so special, I couldn't help but include it!  A fabulously upgraded 5BR/4BA single family home in one of south Kihei's newest communities with great ocean views and a large lanai for a very reasonable $1,300,000!!!  Take a minute to scroll through the photos and I think you'll see what I mean!

 

MLS #317269--This one's been on the market for awhile and has recently been reduced, making it an excellent buy.  Great ocean views across the 15th fairway of the Wailea Blue Course make this fashionably decorated 2BR/2BA upstairs corner unit condo in one of Wailea's newer complexes a real winner!  Now priced to sell at $825,000!!!  Units not nearly as nice have sold for more in this complex!

 

MLS #318388--This top floor Penthouse unit at the breathtaking Wailea Beach Villas would please even the most discriminating palate.  Features include 3BR/3BA, nearly 2,000 sq. ft. of opulent interior space, with a large lanai overlooking ocean vistas that stretch from the west Maui mountains to the north, past Kooholawe and Molikini to the south.  This 98-unit property rests right on the ocean in the heart of Wailea and has become the area's crown jewel since it's opening last year.  Please click on the link for more information and pricing.

 

Any special wants or needs?  Don't hesitate to e-mail your "wish list" (be realistic...) to me; see you next month!

 

Michael Blaz

(808) 283-9093