Monthly Archives: September 2012

August 2012 Maui Real Estate Sales Statistics

The August 2012 statisitical report from the Realtors Association of Maui are out and we are experiencing quite an uptick in the market.

August 2012 median price of a Maui County home is $520,000, compared to $410,000 in August 1 year ago (27% increase). There were 75 homes sold last month, 6 less than sold in August last year.

For condo sales, August 2012’s median is $342,450, compared to only $266,000 in August 1 year ago (29% increase). There were 98 condos sold last month, 12 more than August last year.

Year-to-date, 591 homes have sold on Maui, nearly identical to 2011’s YTD volume at this time. The YTD median for 2012 is $465,000, compared to $435,000 YTD last year through August (7% increase).

For condos YTD, 848 units have sold, up 2% compared to 830 YTD in 2011. The median price YTD for condos is $350,000, up 11% from YTD last year.

Due to low inventory and low interest rates, we are experiencing with our Buyers and Sellers many multiple offer situations for properties that appeal to many people.

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Brian Delmore, Realtor (S) Fishes in Waters off Maui

My brother and fellow Realtor, Brian Delmore, is Delmore Realty’s newest agent. He moved back to Maui after living for a while in California. One of his greatest passions since he returned to Maui is all the ocean time, particularly fishing, with his buddy Adam Cabalo. Check out this video for one of their recent fishing expeditions.

 

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Fabiani’s – A Comfortable Italian Restaurant in Kihei

I recently dined at Fabiani’s restaurant in Kihei on a Friday night. Arriving around 8 pm, the restaurant was quite busy. We were one of the last customers to be seated that evening. At first, I was a little unsure if we should wait for a table. Due to the dinner rush, I did not get immediate eye contact from the person who staffed the front, and his first greeting to me was a little gruff. I later realized he was the owner. However, seeing the rush, I decided to give him a chance. Plus I figured with his Italian accent that this was something of the Italian way. I was happy I did. My husband and I had my young baby with me in a stroller, and wasn’t sure how accomodating the restaurant would be about that. The owner ended up personally wheeling our stroller over to a good spot at the table, which impressed me and made me feel welcome. I later learned the owners themselves have a baby, so it’s no wonder he wanted to help us out. By the end of the night, I felt very welcomed to the restaurant by the owner and his staff.

We asked for a bread basket and were brought some delicious foccacia. I ordered a Caprese salad to start. My husband ordered Lorenzo’s Homemade Meat Lasagne, and I ate the Linguine alle Vongole (clams with linguine). We were both impressed. I found the linguine to have strong flavors, possibly due to plentiful capers. I personally liked it that way. After dinner, we shared a lovely slice of Tiramisu, which I found to be more chocolatey than other places where I’ve had Tiramisu in the past.

The ambiance was colorful, attractive and the bar was beautiful. The waitstaff was very friendly and helpful. I really look forward to going back to the restaurant to try breakfast and lunch. My feeling on the prices is that it was quite reasonable, especially compared to some other Italian restaurants here on Maui that are seemingly of a similar caliber. The wife of the husband/wife owner duo is apparently a clasically trained pastry chef. The pastries in the display looked beautiful, although at the late evening hour, the shelves were probably more bare than normal.

From 7 am – 10 pm, the restaurant is open (breakfast 7-11 am, lunch 11-4 pm, dinner 4-10 pm). See http://fabianis.com/ for more info.

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