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Hawaii Real Estate News Blog

Hawaii Real Estate for Sale 
Every Home over $10 Million

Never before have more high-end luxury homes and condos been on the market in Hawaii than in the 2015 $10M - $30M listing surge. All time record setting transactions are very likely to happen in the next 12-24 months with these mega mansions as the world's billionaire elite and who's who decide which slice of paradise is right for them. Neil Young's $24M Hawaii Estate on the Big Island is just one example. 

Bookmark this dynamic blog post which will immediately auto-update all new listings over $10M as they hit the market all over the State of Hawaii! Here is one of the few places on the web where you can access all of these luxury Hawaii Properties in one place from every island in Hawaii -

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The short answer?

"It" never gets old. 

Some people have asked me over the years..."Do you ever get island fever?" 

My response is always the same.."No, I actually get mainland fever!"

PS - I also have a YouTube channel with many informative videos about Hawaii, Maui and Real Estate. Check it Out Here https://www.youtube.com/user/hawaiirealestateorg

It really IS the raw beauty of Hawaii that makes it a such a special place to call home. And everything that you can DO with all the beauty in the background, foreground, and under your feet.

No, it's really true. You don't just 'get over it' after a few months (or years) and just go "oh yeah, that's just a perfect white sandy beach with crystal clear breaking waves and a 10,000 sheer foot

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Maui July 2015 Statistics Brief Maui Statistics Overview:

July's Sales Unit Volume – Residential sales rose significantly to 128 homes sold while Condominium sales declined slightly to 94 units sold. Land sales came in at 13 lots sold.

July's Median SALES prices –The Residential median price declined to $590,000 and the Condo median price rose to $394,000. Land median price decreased to $250,000.

Days on Market, Residential homes = 119, Condos = 124 DOM, Land = 149 DOM. (General DOM Note: this is the average DOM for the properties that SOLD. If predominantly OLD inventory sells, it will move this indicator upward, and vice versa.

“Year to Date Sales" numbers compare January – July 2015 to January – July 2014. Shorter timeframe (monthly) views

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As the Maui Real Estate market continues to improve, finding truly "good deals" is becoming tougher. One of the best markets to look for that "diamond in the rough"? The foreclosure, bank-owned and short sale space. Although these are not always tried and true "good deals" it's a great  place to start. (Scroll Down to See Every Deal on the Market today!)

 

My advice to you? Still run the numbers (they usually don't lie) Also, make sure to have a very thorough property inspection (including termite and structural)

Here's something VERY important that WON'T turn up in the usual inspection process? Potential zoning or permit violations. Maui County is rampant with many of these "sitting duck" properties just waiting to get caught in a myriad of

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