One of the most common questions I get selling real estate on Maui is "How much are taxes?" With so many people retiring on a fixed income, or hard working families looking to keep home ownership costs under control, knowing what the tax man will take is a major key consideration in a purchase.
Here are the top 5 things you need to know about real property taxes on Maui. (Click Here for Maui Tax Calculator)
The advertised tax cost in the listing is not necessarily what you will be paying! Why? Because when you close on a property on Maui, you “inherit” the tax rate of the previous owner, until the next fiscal tax year (which actually begins in the summer!) So let’s say you purchased a home from a second
Corona Virus Impact on Closed Sales for Homes, Land and Condos on Maui
Maui Real Estate Update July 16, 2020
Aloha! And welcome to another weekly Maui Real Estate Report from Eric West. Here is what's new and developing for the week of July 16th 2020. To see the entire Google Sheets spreadsheet please click here
If you are curious about the effect of COVID on the Maui Real Estate market in the month of June 2020, check out this comprehensive report
We had another 26 price reductions averaging 7% and a total dollar discounting of just under $2M. This is quite a bit lower than what have been seeing during this Coronoa Virus time period. The two most notable reductions came from 3806 Lower Honoapiilani Rd with a $251,000 reduction in price
Aloha! And welcome to another weekly Maui Real Estate Report from Eric West. Here is what's new and developing for the week of July 1st 2020.
(click here for access to all of the details in the report)
We had another 35 price reductions averaging 9% and a total dollar discounting of just under $6M. This is on par with what have been seeing during this Coronoa Virus time period. The two most notable reductions came from 300 Kepa Rd with a $2.7M reduction in price (34% off asking) and 3360 Kuaua Pl with a $500K reduction (24% off asking).
For the week the market saw 55 closings for a total sales volume of just under $44M. By way of comparison, the same week last year had 76 closings for $65M. That’s a
Aloha! The Maui Real Estate market is interesting to say the least. New Listings have decreased 15.5% for Single Family homes and 18.8% for Condominium homes. So inventory could in fact become even leaner than it was pre-COVID. And "Days on Market" increased 13.3 percent for Single Family homes and 28.7 percent for Condominium homes. Buyers have been quicker to return to the housing market in force than sellers, who have been showing a bit more reluctance to list their homes than is typical for this time of year. But trends are improving and as states and localities continue to moderate their COVID-19 policies, real estate activity is expected to continue to improve in the coming weeks.
Wondering what's happening in the #MauiRealEstate Market? Don't miss my weekly report with links to every new price reduction, every new listing and everything that sold! Click Here to See Report
This is a dynamic spreadsheet that I update every week. So no matter when or where you are reading this, the link below will be 100% up to date!
Call me with any questions. 808-298-2030
I also have the list of TOP 20 best buys for Homes, Land, and Condos.
Check it out below, or click here.
My passion is sharing the Maui lifestyle with the world on the largest video platform on earth - YouTube. With an audience of over 3 billion (and growing exponentially) you simply cannot find a better platform to market real estate for sellers and to meet
Located in the Lanikeha Neighborhood in Kaanapali Golf Estates
This is Maui living at its finest. Stunning ocean views. Prestigious gated community of Lanikeha. Brand New Construction of this well appointed 4 bedroom 4 bath residence. Just a short Golf Cart ride to world-class resort of Kaanapali and the beach voted the Best in the World! Plus resort style amenities abound with the Lanikeha Clubhouse with a lounge, game room, kitchen facilities, pool complete with a waterfall and hydro-spa, courtyard, fitness & pool pavilions. Be sure to watch both Eric West's video tour of the home AND the video tour of the Lanikeha neighborhood. Click here for all the listing details and current
Click See http://www.hawaiirealestate.org/plantation-estates-kapalua.php
Looking for a Maui Realtor to List your Maui Home For Sale at Plantation Estates in Kapalua? Call Eric West Maui Listing Agent to get on this website for first page search results on Google AND Youtube. Exposure to thousands of buyers on day one.
The Honolua Ranch in the 1800’s and then Honolua Plantation is now the 23,000-acre, master-planned Kapalua Resort. It is home to the Ritz-Carlton Kapalua, award-winning restaurants, more than 20 boutique shops, historic sites and two renowned golf courses: the Plantation Course, home to the prestigious PGA TOUR's January Tournament of Champions and
Aloha and Welcome to another edition of the Maui Real Estate market watch!
The purpose of this report is to give you the absolute best tools to shop, research and ultimately buy or sell a property on Maui Hawaii. Here is a direct link to the report. (Scroll down to see embedded spreadsheet below)
This weekly report is a fully interactive, dynamic Google Sheets spreadsheet that is updated weekly with live links to all of the data. It is both a snapshot of what the market is doing right now with the most recent price reductions along with the top 20 best deals for homes, land and condos (based on the best value price per square foot or price per acre), along with new properties (homes, condos and land)
The Maui County Rules for Your Ohana (Guest Cottage) aka Accessory Dwellings
Are you thinking about building or buying a home or land on Maui and building and enjoying the many benefits of a guest home? Traditionally in Hawaii this has been called an "ohana" which means family! So the idea is to the live WITH your extended family. Cool concept huh?
Well, as we know it's usually better to keep them in a separate building!
All kidding aside, this is NOT something that is really that popular on the mainland,....other than the dreaded "mother-in-law" suite (an over-sized room with a bad kitchen). Either that or in reality most older relatives get carted off to the nursing home and most people hope their kids move as far away as possible! Not here.