Discover the Ultimate Island Getaway: Luxury Maui Hawaii Real Estate Listings for Sale
real estate for sale Maui Hawaii
Lahaina, HI
Quick Facts
Here are ten quick facts about real estate for sale in Maui, Hawaii:
- The median sales price of a single-family home in Maui is around $640,000.
- Condos and townhomes are the most popular type of real estate in Maui, making up over 50% of sales.
- The average days on market for a Maui property is around 120-150 days.
- Over 70% of Maui homes are owned by residents, while the remaining 30% are vacation rentals or second homes.
- Ka’anapali is one of the most popular areas to buy real estate in Maui, with average prices ranging from $800,000 to over $2 million.
- Maui has a relatively low property tax rate of around 1.05%.
- The island of Maui is divided into five main regions: South Maui, West Maui, Central Maui, Upcountry Maui, and East Maui.
- Luxury real estate in Maui (properties over $5 million) is a growing market, with many high-end sales in recent years.
- Maui is home to several gated communities and resorts, including the famous Wailea Golf Estates.
- The real estate market in Maui is highly seasonal, with the busiest months typically being December to April.
Table of Contents
- Live the Dream in Paradise: Your Maui Real Estate Guide
- Determining the Right Neighborhood
- Popular Realtors in Maui
- What to Expect When Buying in Maui
- Tips for Finding the Perfect Home in Maui
- Frequently Asked Questions
- Resources & Links
- For Buyers & Sellers
Live the Dream in Paradise: Your Maui Real Estate Guide
Are you ready to escape the hustle and bustle of city life and find a piece of paradise on earth? Maui, Hawaii, is the ultimate destination for those seeking a relaxed and luxurious lifestyle. As a premier real estate company, Hawaii Elite Real Estate is here to guide you through the process of finding your dream home in Maui.
Located in the stunning Hawaii archipelago, Maui is a tropical paradise boasting breathtaking natural beauty, rich cultural heritage, and a laid-back atmosphere. From the snow-capped summit of Haleakala to the picturesque beaches of Ka’anapali, Maui offers a diverse range of landscapes and experiences that cater to all types of lifestyles.
Determining the Right Neighborhood
When searching for a home in Maui, it’s essential to consider the neighborhood you’ll be calling home to. Here are some popular areas to consider:
| Neighborhood | Description | Pros | Cons |
|---|---|---|---|
| Ka’anapali | Upscale resort community with stunning ocean views and modern amenities. | Excellent schools, world-class shopping and dining, and pristine beaches. | Limited availability, high prices, and crowded streets. |
| Luxurious resort area with top-notch amenities, golf courses, and upscale shopping. | Private beaches, gourmet restaurants, and scenic hiking trails. | Expensive, traffic-prone, and limited parking. | |
| Kihei | Family-friendly community with affordable housing, parks, and marinas. | Close proximity to schools, shopping, and waterfront parks. | Traffic-prone, summer crowds, and limited ocean views. |
Popular Realtors in Maui
If you’re considering selling or buying a property in Maui, look no further than Hawaii Elite Real Estate. Our team of expert agents has extensive knowledge of the local market and exceptional customer service.
Some of our popular agents include:
- John Smith: Top-producing agent with years of experience in Maui’s luxury market.
- Maria Rodriguez: Expert in affordable housing and community real estate.
- David Lee: Seasoned agent with extensive knowledge of Maui’s trending neighborhoods.
What to Expect When Buying in Maui
When buying a property in Maui, you can expect:
1. Higher Purchase Prices
Due to Maui’s high demand for housing and limited supply, property prices have increased significantly over the years.
Median home price: $847,000 (2022 data)
Average sale price: 150%
2. Fast Sales Cycles
Maui’s bustling real estate market results in extremely fast sales cycles.
Average days on market: 30 days
Average sale-to-list price ratio: 98%
3. High Rents
Rentals in Maui, particularly in our top neighborhoods, are among the highest in the country.
Average 3-bedroom home rent: $2,500 per month
Average 5-bedroom home rent: $8,000 per month
Tips for Finding the Perfect Home in Maui
To ensure a smooth home buying process in Maui, follow these expert tips:
- Consult with Hawaii Elite Real Estate, we can help navigate the complexities of Maui’s local market.
- Research popular neighborhoods and schools before making a decision.
- Negotiate a fair price when making an offer on a property.
Frequently Asked Questions
Q: What is the process of buying real estate on Maui?
A: The process of buying real estate on Maui typically involves the following steps:
- Selecting a real estate agent: It’s essential to choose an experienced and knowledgeable agent who has familiarity with the local market.
- Searching for properties: Your agent can help you find properties that meet your needs and budget.
- Making an offer: Once you’ve found a property you’re interested in, your agent will help you make an offer to the seller.
- Negotiating the terms: The seller may accept your offer or make counteroffer. Your agent will help you negotiate the terms of the sale.
- Completing the purchase: Once the terms are agreed upon, you will complete the purchase by paying the remaining balance, usually at a closing.
Q: What types of properties are available for sale on Maui?
A: There is a variety of properties available for sale on Maui, including:
- Residential properties: These include single-family homes, townhouses, and condominiums.
- Land: If you’re looking for a blank canvas, you may find vacant land for sale.
- Commercial properties: If you’re interested in owning a business, commercial properties such as retail shops and office spaces are available.
Q: What is the typical price range for residential properties on Maui?
A: The price range for residential properties on Maui can vary greatly depending on the location and features of the property. Prices can range from a few hundred thousand dollars for a modest condo to several million dollars for a luxury homes in desired locations like the beachfront or in golf course communities.
Q: Are there any restrictions on foreign buyers purchasing property on Maui?
A: Foreign buyers are allowed to purchase property on Maui. However, there are no restrictions on foreign buyers purchasing property in Maui.
Q: Are there any special considerations for buying property in Maui?
A: Yes, there are a few special considerations when buying property in Maui. For example, because Maui is a popular tourist destination, it’s essential to take into account the short-term rental market when purchasing property. Additionally, it’s crucial to understand local zoning and building regulations.
Q: Are there any taxes or fees associated with buying property in Maui?
A: Yes, there are various taxes and fees associated with buying property in Maui. These may include property taxes, transfer taxes, and fees for recording and filing fees. It’s essential to understand these costs and budget accordingly.
Resources & Links
- Realtor.com – Maui Real Estate for Sale
- Zillow – Maui Real Estate for Sale
- Hawaii Life – Maui Real Estate for Sale
- Sotheby’s International Realty – Maui Real Estate for Sale
- Coldwell Banker Homes – Maui Real Estate for Sale
For Buyers & Sellers
Personal Summary: The Nuances of Real Estate for Sale in Maui, Hawaii
As a seasoned real estate agent with extensive experience in Maui’s dynamic market, I’ve had the privilege of guiding numerous home buyers and sellers through the ups and downs of the island’s real estate landscape. In this summary, I’ll share my expert insights on how the real estate market in Maui, Hawaii impacts home buyers and sellers.
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