Honua Kai Resort & Spa presents one of the most luxurious ownership experiences on Maui - whether it is a front row 3 bedroom unit or a mountain-view Studio, owners can rest assured that their property is well managed and can expect a five-star level of service by staff.

As such, it is with great pleasure that Honua Kai announced the appointment of Christy Laird as the new 'Homeowner Experience Manager' - Christy brings over a decade of experience in the homeowner relations and high-end property management. Most recently she held the position of Homeowners Relations Manager at Vail Resorts, where she held that level of responsibility for nearly 7 years. 

For more information on available Honua Kai real estate opportunities, the property in general,

As the Honua Kai micro-market continues to evolve, we continuously receive questions from clients regarding which Honua Kai condos the developer still has for sale. Although the developer does not list all of their inventory on the Maui MLS, in order to represent our clients dutifully and maintain a strong understanding of market conditions, which are affected by available inventory, we diligently keep a watchful eye on developer inventory. 

However, for the sake of transparency, we will be posting inventory updates monthly until all units are absorbed. If there is a particular unit type of interest (i.e. 3 bedroom villa on the 25 or 29 stack), please contact us for a private consultation as to how best to meet your Maui real estate objectives. 

With a large number of clients who see the inherent value of Honua Kai condos, we keep a watchful eye on the micro-market to better ascertain ensuing trends and spot particularly strong values. With that said, the month of July proved to be another month filled with activity.

New Listings

A total of 4 new listings came on the market in July. 

Hokulani 737 - Studios have been highly sought-after due to their incredibly high rental revenues comparative to their initial investment, but at $780K, it may be difficult to justify.

Hokulani 238 - This 1 bedroom / 1 bathroom unit is on the northern perimeter of Hokulani, enjoying the 'buffer' between the two towers while still having ocean views. Listed at $849K

Hokulani 213 - Same square footage as

Along with posting updated information on the micro-market via our Honua Kai monthly reports, we also maintain a bird's-eye perspective to have a better gauge of the bigger picture moving forward, not only within its own niche but also (and perhaps more importantly) its place in the overall Maui condo market. And in keeping a diligent watch on Honua Kai in 2014, we have our observations as to the current market, projected trends, and interpretation of sales data.

Now that the first half of 2014 is on the books, including the majority of high season's sales (with the understanding that a few of those may close at a later time), we can use data to objectively substantiate what we have been saying so far this year: The Honua Kai market is on fire, if you

It's that time again - let us revisit sales activity at Honua Kai condo market for the month of May to gain a better perspective of the direction the market is heading in. With such a fluid market, it is pertinent to maintain a firm understanding of real-time market conditions. 

New Listings

The month of May saw 5 new listings come up on the market - and they all happen to be high-end 3 bedroom residence listings by the developer. Listed below are Konea 449, Hokulani 250, Konea 202, Konea 102, and Hokulani 501. At a hefty average of $3.7M, these units are prime examples of the best that the Maui luxury market has to offer. For those interested in selling, now may be a prime time to list as inventory in many key micro-markets (premium 2 bedroom

** Note: This post is not as statistics-based as our usual market reports, but rather relies on anecdotal experience. **

The most frequently heard question by our team is "So how is the market at Honua Kai doing right now?" We post our monthly updates in order to provide real-time narration of micro-market conditions and provide insight of ascertainable trends as they develop. However, such short-term analysis does not provide a bird's eye perspective of sustainable trends - and with a minute micro-market, it is easy for one sale to sway statistics one way or the other.

For several months now we have expecing that prices will increase as the developer inventory dwindles to mostly premium units in the Konea tower. Our reasoning being that

As high season winds down and in its aftermath, the remainder of sales are closing (and may slip into May as well) so more clear micro-market trends can be ascertained. And in our continuing analysis of the Honua Kai condo micro-market, we post monthly updates to better alert potential buyers and sellers of perceivable trends. As such, let us look below at activity in the month of April.

New Listings

The month of April saw only one new listing in Honua Kai. Konea 205 is premium, inner-courtyard 2 bedroom unit in the Konea tower. Priced at $1.599M, it is priced in the range at which similar units have been selling (in the $1.5M's).

Pending

Four units went under contract in April:

Hokulani 142 - spacious 1 bed + den, with a sales price of

To best serve our clients interested in the Honua Kai Resort and Spa, we continue to post regularly updated information regarding micro-market conditions, trends, and what can be reasonably projected. As such, it worth noting two significant sales that will have an impact on the high end sector of Honua Kai condos.

Konea's 601 is quite simply one of the most extraordinary condominiums on Maui. With unobstructed view corridors, privacy from being frontrow on the inner-most part, and unbelievable lanai featuring over 1,300 square feet of outdoor entertaintment space, it came as no surprise that it sold in such a short time - 4 months is comparatively short for sales in this price point. One of Honua Kai's finest masterpieces. Its sale recorded on

By all accounts, the Maui real estate sector has seen another upward push in the first quarter of 2014, with the high end sector seeing the most significant improvements. But as conditions can vary widely from one micro-market to the next (even in adjacent properties), it is pertinent to look at how the Honua Kai condos micro market is doing so far in 2014, when compared to same time period in the previous year.

• Sales Price - Looking at every metric available, sales prices at Honua Kai increased year over year. The first quarter of of 2013, the average sales price was $971,366, median sales price was $762,700, and the price per square foot was $949, whereas the first 3 months of 2014 saw those values increase to $1,137,281, S1,044,900 and $1,029

As one of the leading destinations in Maui, the Honua Kai resort attracts buyers from many different backgrounds who reside in many different areas. This week we had the pleasure of showing a foreign national from China a few of the most impressive units within the complex and the question arose as to the origin of other owners at this exclusive resort. In order to answer the question accurately, we researched all available tax records and came up with the following, which is reflective of all sales as recorded up to March 1st, 2014:

The first thing that jumps out is the high concentration of buyers from the great State of California, with a significant share of nearly half of all the owners. In addition, of the 93 foreign national owners, 88 are