October, 2017 RSS Icon
Found 3 entries for October, 2017.

 

The third quarter of 2017 was a busy one for Island Sotheby's International Realty agents, who facilitated transactions of millions of dollars in condominiums and homes.

From expansive Kula estates to exquisitely designed condominiums, our real estate agents represented buyers and sellers of some of Maui's finest residences. Here are a few of our favorites:

$4,500,000 | COCONUT GROVE, KAPALUA

Living in Coconut Grove is truly living in paradise. The private, oceanfront community is nestled just above the white sands of Kapalua Bay.

With three bedrooms and three and a half bathrooms, the elite condominium that sold was designed with pocketing doors that reveal views that sweeps from tropical gardens to the outer islands of Moloka’i and

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Condominiums sales are quickly outpacing those for single-family homes, according to the Realtors Association of Maui.

Condominiums sales have soared recently on Oahu, the Big Island and Maui. On the Valley Isle, sales are up 7.3 percent compared to last year, while the median sales price rose 10 percent. Sales of single-family homes, on the other hand, only crept up by 1.6 percent.

“The condo market is definitely on an upward swing with sales,” said Ryan MacLaughlin, Broker at Island Sotheby’s International Realty. “The inventory is actively dropping and we are not even in our winter or busy market yet.”

This unit offers the most breathtaking views found at Wailea Point.

According to real estate data, there were 812 closed

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When many people hear the name Island Sotheby’s International Realty, the images that come to mind may include luxury mansions or multi-million condominiums.

But that’s not the only type of properties that our agents represent.

"People think that because we work for Sotheby's international Realty, we only deal in high priced and over the top homes,” said Ron Silva, Realtor-Broker, Island Sotheby's International Realty. “Instead, my mantra to the agents is Sotheby's Realty is a level of service, and not a level of price.”

Just because the brand is known for luxury home sales, it doesn’t mean that’s all that agents specialize in, said Silva. In fact, the average sales price is about $700,000, and many sales fall far under that

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