Aloha From Maui! – Island Update July 2020
I hope you are safe and healthy during this unprecedented time in our lives. The Governor announced that Hawaii will open to travelers with a negative Covid-19 test result On September 1, 2020. Much of Maui is now open for business. Restaurants are starting to open, golf courses have been open and there is unlimited use of beaches. However, almost all major hotels are still closed. While the effects of Covid-19 in the broader economy continue, real estate is beginning to recover across much of the country, particularly in the second-home markets and Maui in particular is experiencing a significant spike in high-end 2nd homes.
Featured Listing of the Month
Coconut Grove #33
Kapalua, Maui, HI
3 bedroom | 3.5 Bathroom | 2,280 sf $4,800,000.00
Coconut Grove on Kapalua Bay
Coconut Grove #33 offers Maui beachfront living at its finest on beautiful Kapalua Bay which was rated as the Best Beach in America by Conde’ Nast Travel Magazine! Located in the heart of the Kapalua resort, this gated 36-unit low-density residential condominium complex offers upscale island living with privacy and seclusion. With its west facing oceanfront location, #33 is perfectly positioned to take advantage of the perfect view over Kapalua Bay to the beautiful blue Pacific Ocean and the island of Moloka’i beyond. If water sports appeal to you then Coconut Grove #33 is the perfect place for you to call home. Kapalua Club memberships are available for this property offering preferred access and rates to the world-class Kapalua resort amenities.
Ok, now Nature’s just showing off
This edition’s Featured Photographer is Chris Archer, one of my absolute favorites – Chris is a true artist and these stunning Maui photos are a showcase of his talent.
To see more of Chris’s work Click Here
Market Update – July 2020
In comparison to mid-year 2019, the number of residential sales are down 15.6% and condominium sales are down 22.3%. This is not surprising as May and June were expected to be the worst month for the impact of Coronavirus. On a positive note, the average residential sale price is up 4.6% and the condominium average sale price was up 8.7%.
In comparison to mid-year 2019, the number of residential sales are down 15.6% and condominium sales are down 22.3%. This is not surprising as May and June were expected to be the worst month for the impact of Coronavirus. On a positive note, the average residential sale price is up 4.6% and the condominium average sale price was up 8.7%.
Dean’s Bar & Grill
Dean’s Bar and Sunset Grill on the rocks…Black Rock on Kaanapali Beach.
Popular demand and social distancing has forced us to savor the culinary delights at the beach.
What’s next…food truck!
Recent Comments