Aloha From Maui! – Island Update Februrary 2021
Things are finally getting back to almost normal on Maui. Tourism is picking up and hotels and resorts, which were running at30% – 40% occupancy, have shot up to pre-Covid occupancies for this Spring Break. Royal Lahaina Hotel was 100% occupied yesterday. Most restaurants are open at 30% capacity and are all full every night. If you’re planning a trip to Maui book your restaurant reservations at least a week in a advance.Covid-19 cases have generally been contained because everyone arriving on Maui has a negative test result. However, a recent spike resulted in a threat of not becoming complacent from our mayor. The demand for Maui real estate is as strong as I have seen it in 30 years as people choose lifestyle over the high-density urban areas. As local Bank of Hawaii economist Paul Brewbaker says, 40% of jobs can now be done at home and that alone is driving our market to another level. Sales of high-end properties in Hawaii’s luxury home market grew by more than 26% in2020 as the Covid-19 pandemic created a newfound sense of urgency and the inventory of single-family homes in the Islands dropped.
Featured Listing of the Month
1035 Anapuni Loop, Kaanapali, HI
Lanikeha
0.55 Acres | Ocean View |Bedrooms: 5 | Bathrooms: 5.5 | Living Area 4,893 sf
$3,925,000.00
Maui Living at it’s Finest
Imagine a home inviting the sweeping views over Lahaina Town, of the sea and the sky, and Lanai and Molokai on the horizon. Ready for relaxing and enjoying all that Kaanapali has to offer: world-renowned beaches, whale-watching, outstanding golf, shopping and world-class restaurants at Whaler’s Village, and the beauty of Hawaiian culture. Imagine a home where staying home is a retreat in itself; grand hall with vaulted ceiling and pocketing doors forming a seamless transition to the resort-style, natural free-form infinity-edge pool and spa, custom water features and state-of-the-art media room. Discriminating quality and attention to detail is this home’s distinguishing feature. The sprawling single-story home consists of5 bedrooms and 5.5 baths with almost 4,900 square feet of living area.
Happy Birthday to ME!
New beach cruiser and open-air, covid-designed, turbo-charged Kaanapali real estate showing machine. Took my littlest Assistant Maddie with on a showing and she loved it! Call for your Kaanapali beach tour!
To see more of Chris’s work Click Here
Market Update – February 2021
The Maui market is red hot! The Single Family Median Sales Price increased by +26%. Pending Sales increased by +25.8% for single family homes and Inventory declined -47.2%. That’s an exceptional performance by the Single Family home segment. the Total Sales on Maui versus 12 months ago, the number of sales was up +6.3%, Median Sale Price was up +2.6%, and Inventory is down -22%. This positive trend began approximately 8-10 months ago
For a comprehensive market update select the Monthly Market Statistics link below.
Referral Partner – Michael Routh – Vail,Colorado
124 Willow Bridge Road, 2E, Vail,CO
A Premier Vail Village Condo!
This premier, 3-bedroom, Vail residence is situated in a location to boast about! Whether you are heading to Gondola One for a day of skiing, to après at one of Vail’s award winning restaurants, or to test out your ice skating on the outdoor rink, you’ll arrive within minutes from your Village Center condo.
Winter months will have you gazing from the spacious living room over the icy Gore Creek to take in the skiers racing down Golden Peak. During the summer, the waters will have thawed and you’re just as likely to catch a glimpse of tourists floating down the creek on innertubes as spotting some enthusiastic fly fishing on the gold medal water. The master bedroom features one of two gas fireplaces as well as its own private balcony. The second bedroom is spacious enough to host two twin beds or bring them together for a second king. On the main level, with its high coffered ceilings, the third bedroom can easily convert from bedroom to office and back again. Not interested in working while in the mountains, an easy remodel could turn this into the ideal bunkroom.
Curious about the details: since installing new appliances, including a Bosch oven and induction cooktop five years ago, this condo has had light owner-only use. Carpets were replaced just months ago, furniture and furnishings are all included down to the silverware. This condo is ready to enjoy! Just pack your suitcase and enjoy your next Vail vacation in your new condo!
Michael Routh
Rocky Mountain Home Team powered by
Keller Williams Mountain Properties
970-471-0646
970-548-8811
970-763-7105
wwwRMHTvail.com
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