Hawaii Real Estate

Maui homes For Sale

May Statistics

Vacant Land Sales Increase 
May statistics show that vacant land sales are increasing as reported by the Realtors Association of Maui.  Residential and condominium sales declined slightly to 93 homes sold and 118 units sold respectively while land sales increased to 14 lots sold.  Median sales prices were consistent with this trend as well, as the median vacant lot sales price increased to $378,500 while the median sales prices for single family homes and condominiums decreased slightly from their monthly averages.

Canadian investors have been a significant part of the Maui real estate market for quite some time and as their dollar exchange rate declined they are selling rather buying.  Cash is still king for many savvy investors when making an offer, approximately 36% of sales in the last year have been cash offers.

Foreclosure and short sales are dwindling in the marketplace and may be less of a bargain than they once were.  Closing can take much longer and there are usually more hurdles to overcome.  Buyers are encouraged to get pre-approved so that the may shop in confidence before interest rates nudge upwards.

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Ken Smith, a Maui resident for 35 years, brings his extensive local knowledge and passion for the island to his successful real estate career. Alongside his daughter-in-law, Melissa Smith, and Greg Smith, the Smith Team provides a wealth of experience and dedication to clients seeking to buy or sell property in Maui.

Melissa Smith, a third-generation Maui native, combines her deep understanding of the island's growth with a commitment to exceptional service. She empowers clients with knowledge to make informed decisions in finding their dream homes. With a background as a top agent and a Broker's license, Melissa's expertise is invaluable.

Gregory P. Smith, a lifelong Maui surfer, channels his passion for the island and its natural beauty into his real estate profession. His enthusiasm, deep market knowledge, and dedication to exceeding client expectations make him an exceptional agent.

The Smith Team's combined local expertise, commitment to client service, and understanding of the unique Maui real estate market make them an ideal choice for those looking to navigate the island's property landscape. Their proven track record ensures a smooth and successful experience for both buyers and sellers.