Found 2 blog entries tagged as luxury.

Maui Real Estate Market Report December 2024: A Buyer's Market Heading Into the Busiest Season of the Year


Maui Real Estate Market Report 10.24

Heading into the holiday season, the real estate market on Maui is coming off an extended period of slower than usual sales and higher than usual levels of inventory. The trends of fewer total closed sales and higher levels of inventory, particularly in the condo market, began early in 2024.

Higher interest rates, the Mayor’s widely unpopular proposed ban on apartment zoned short term rentals, and increasing condo insurance rates have all collectively contributed to this current market on Maui that favors buyers over sellers. 

Are Real Estate Values Still Going Up on Maui?

The single family home market and the condo market operate…

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Launiupoko Real Estate Market Report

Launiupoko Real Estate Market

The West Maui neighborhood of Launiupoko is one of Maui's most unique and beautiful areas. Perched on the hillside below the West Maui mountains and above the gentle waves of breaking at Launiupoko Beach Park, this agriculturally zoned community features several subdivisions known as Makila Ranches, Makila Nui, Makila Plantation, Mahanalua Nui, and Pu'unoa Estates. 

Halfway through 2024, the real estate activity in Launiupoko has been slower than usual with new listings outpacing buyers.  At the time of writing this, there are 20 properties for sale in the neighborhood with a range of $1.5M(for vacant land) to $16.9M (454 Wailau) with only 1 of them currently under contract ( a new construction home in Makila…

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