All of Maui’s bank-owned and short sale properties currently available are noted in this section. Maui County has approximately 66,000 residential units including apartments, homes and condominiums. Year end 2011 statistics indicated that 10% of the active inventory were distressed. At the start of 2013, the distressed inventory is roughly 3.9%.

This sector of the market is relatively brisk due to the lower than average price point, low interest rates and motivated Sellers. Relative to the national average of distressed properties, Maui’s percentage is really quite low.

If this sector of the market appeals to you, be prepared. The distressed market is fiercely competitive. Often, there are multiple offers for the same property. Have your financing or proof of funds to close the transaction available and in writing when you submit your offer. Get pre-approved for a loan and be patient as you may wait several weeks or longer for a response from the Lender (especially in a short-sale). Anticipate additional costs typically paid by the Seller. The trade-off, most distressed properties are listed very competitively. In 2011, short-sales and foreclosures on Maui accounted for 38% of our market sales. In 2012, 26% of our market were distressed transactions.

Lahaina | $4,000,000
3 Beds | 3.75 Baths | 114 DOM
2627 sq ft² | .9 acres Lahaina | $3,875,000
5 Beds | 5.50 Baths | 28 DOM
7199 sq ft² | 4 acres Kaunakakai | $1,190,000
99 DOM | .74 acres Lahaina | $1,095,000
3 Beds | 3.00 Baths | 42 DOM
2006 sq ft² | .17 acres Kihei | $889,900
1 Beds | 1.00 Baths | 142 DOM
716 sq ft² | 1.84 acres Kihei | $850,000
3 Beds | 2.00 Baths | 175 DOM
1626 sq ft² | .67 acres Kihei | $829,000
3 Beds | 3.00 Baths | 35 DOM
1984 sq ft² | 8.4 acres Kahului | $729,000
9 Beds | 5.00 Baths | 57 DOM
3807 sq ft² | .24 acres Kihei | $509,300
4 Beds | 4.00 Baths | 9 DOM
2704 sq ft² | .19 acres Wailuku | $498,000
172 DOM | .23 acres Wailuku | $475,000
3 Beds | 2.50 Baths | 4 DOM
1633 sq ft² | .2 acres Lahaina | $469,000
1042 DOM | .41 acres Wailuku | $468,000
60 DOM | 1.24 acres Wailuku | $449,000
3 Beds | 2.50 Baths | 67 DOM
1385 sq ft² | .12 acres Kihei | $449,000
584 DOM | .33 acres Lahaina | $439,000
46 DOM | .43 acres Wailuku | $422,500
5 Beds | 3.00 Baths | 11 DOM
2032 sq ft² | .15 acres Lahaina | $390,000
221 DOM | .51 acres Lahaina | $375,000
2 Beds | 2.00 Baths | 3 DOM
823 sq ft² | 12.48 acres Kula | $369,000
3 Beds | 2.00 Baths | 7 DOM
1560 sq ft² | .26 acres