Single Family is Selling, Condos Are Sitting | Maui Market Reality Check
Single-family homes are selling. Condos are stacking up. Daniel spotted the trend in this week's numbers and we're breaking down exactly what it means for anyone watching the Maui market.
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π‘ THE BIG TREND β Single-Family vs Condos We're seeing a clear split: single-family homes are getting absorbed while new condo listings keep piling on. What's driving it? And which property type actually makes sense right now for the second-home buyer, the investor, and the full-time mover?
ποΈ BILL 88 UPDATE The Maui County Council held its first reading. Attitudes are shifting. Common sense may actually prevail. We break down where things stand and what's next.
ποΈ THE DHHL REALITY CHECK A Native Hawaiian family has been waiting 17 months β and counting β just to sign a paper and buy a home from another Hawaiian Homes family. We separate the blood quantum lawsuit from the Trump budget headlines and explain what's actually broken.
β΅ GUNG HO SAILING SHOUT-OUT Our clients who lost their boat in the Lahaina fire are back β now sailing private charters out of Ma'alaea. Plus: tales from Fiji, Cloudbreak, and the retirement catamaran that made it happen.
π₯ THIS WEEK'S HOT LIST (16 LISTINGS): β’ South Point β $475K (was $500K). 2/1, ground floor, 50 days on market. Price still dropping. β’ Honoapiilani Highway, Wailuku β $1.2M. 2/1.5, 1,487 sq ft on 12,000 sq ft lot. Built 1953. Rambling ranch with mountain-ocean views. β’ Kahana Manor β County eyeing it for KΕ«puna housing program. Ground-floor, concrete, walkable. A play for Lahaina fire victims. β’ Maalaea Yacht Marina β $699K. 2BR direct oceanfront. Lease extended to 2088/2093. HOA + lease fees = $2,200/mo. Never vacation rentable. β’ Puamana β $1.995M. 3/4, 1,488 sq ft. Burn zone. Vacation rentable. Across from surf break "Pools." 75 steps to the stroll. β’ Malama Street, Kihei β $985K. 1,500 sq ft on 7,500 sq ft lot. Non-conforming ohana (converted garage). Backyard potential. β’ Haleakala Shores β $575K. 2/2, 1,000 sq ft. Vacation rentable through 2031. Kitschy, self-managed, priced to move. β’ Kihei Villages β $469K. Top floor, quiet. Classic entry-level Kihei. β’ Walaka Street β $339K. 1/1, 400 sq ft. Residential zoning. HOA $395/mo. The cheapest door on the list. β’ Hono Kai β $630K. Direct oceanfront, apartment-zoned. Vintage bones. β’ Nahale Omakina, Kaanapali β $1.2M. 3/3, 2,000 sq ft. HOA $1,200/mo. Not vacation rentable. Golf cart lifestyle, clubhouse with pool/spa/gym. β’ Kionikai β $1.2M. Nearly 2,000 sq ft. Demo complete, bring your contractor. Includes non-conforming 1/1 ohana. β’ Cam Sands, Kihei β $799K. Hotel-zoned (on Bill 88). Great condition, small lanai. β’ Parkshore β $750K. Vault ceilings, across from the Cove. β’ Akahi β $650K. 71 days on market. Clean and tidy. β’ Hale Onaloa β Started at $1.119M. 419 days on market and still sitting. The poster child for the condo trend.
π ROAD TO 1,000 GIVEAWAY We're giving away a Gung Ho Sailing charter. Details dropping soon β stay subscribed.
Mahalo for riding with us. If you're curious what Maui looks like for you β full move, second home, or investment β jump on our calendars and let's talk.
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