<?xml version="1.0" encoding="UTF-8" ?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
    <channel>
        <atom:link href="http://www.luxuryrealestatemaui.com/blog/keawakapu-beach/rss/" rel="self" type="application/rss+xml" />
        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/keawakapu-beach/</link>
        <description>Courtney M. Brown, Realtor (S) Blog: information on the Maui real estate market, trends, and listings. Homes, condos and land for sale.</description>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-statistics-february-2025.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-statistics-february-2025.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Maui Real Estate Statistics: February, 2025</title>
    <description> <![CDATA[ 
Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 





The Maui Real Estate Report for the second month of 2025 notes:


U.S. existing-home sales fell for the first time since September, slipping 4.9 month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2 compared to the same period last year, marking the fourth consecutive monthly year-over-year increase. 


New Listings increased 4.3 percent for Single Family homes but decreased 7.8 percent for Condominium homes. Pending Sales decreased 11.3 percent for Single Family homes and 38.7 percent for Condominium homes. Inventory increased 58.0 percent for Single Family homes and 97.9 percent for Condominium homes. 


Median Sales Price increased 9.7 percent to $1,395,319 for Single Family homes and 27.7 percent to $945,000 for Condominium homes. Days on Market decreased 3.1 percent for Single Family homes but increased 85.9 percent for Condominium homes. Months Supply of Inventory increased 71.4 percent for Single Family homes and 167.3 percent for Condominium homes. 


The limited number of properties for sale has continued to push home prices higher nationwide. At last measure, the national median existinghome price was $396,900, a 4.8 increase from one year earlier, with prices up in all four regions, according to NAR. Meanwhile, total housing inventory heading into February stood at 1.18 million units, up 3.5 monthover-month and 16.8 year-over-year, for a 3.5-month supply at the current sales pace.


MAUI HOMES: ACTIVE LISTINGS, PENDING SALES, AND SALES*


Active Listings (up since last month): 377 homes from $250,000 for a home in Kula with a life estate deed to $75,000,000 for Hana Ranch, followed by $65,000,000 for a home for sale in on Keawakapu Beach Pending: 115 homes from $583,000 for a home in Wailuku to $8,600,000 for a home in Mahana Estates in Kapalua.Sold (2025): 108 homes from $500,000 for a home in Hawaiian Homelands in Kula to $14,470,000 for a home in One Palauea Bay.  The median sale price is $1,300,500 and the average is $1,823,027


MAUI CONDOS: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings (up since last month):  781 condos listed from $175,000 for a condo in Kahului to $16,500,000 for a condominium residence at Wailea PointPending: 88 condos pending, ranging from $249,000 for a condo in Honokowai to $13,900,000 condo at Wailea Point.Sold (2025): 112 condos sold, ranging from $190,000 for a condo in Kahului to $5,500,000 for a condo at the Ironwoods in Kapalua.


This continued increase in listing inventory is likely affected to the proposed changes to Maui County's Short Term Rental rules and regulations.  


MAUI LAND: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings (up since last month): 139 parcels from $299,000 in Pukalani to $38,000,000 for 9 lots covering 258 acres up in Makawao,Pending: 27 lots from $299,000 in Hana to $10,500,000 for a 5 parcels sold together totaling 40.25 Upcountry Sold (2025): 19 parcels which sold anywhere from $20,000 for a driveway lot in West Maui to $10,900,000 for a Kaanapali beachfront lot located on Kai Ala Place.


*Molokai and Lanai are not included in the above-written summaries, although they are a part of Maui County.  This data is taken from the MLS on the date of this post was written, 3/6/25


Read the full report and see how it compares to prior years here: Maui Real Estate Statistics
 ]]> </description>
    <pubDate>Thu, 06 Mar 2025 15:42:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/wailea-condominium-market-update-q1-2024.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/wailea-condominium-market-update-q1-2024.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Wailea Condominium Market Update: Q1 2024</title>
    <description> <![CDATA[ 
WAILEA CONDOMINIUM MARKET UPDATE: Q1 2024


Wailea Resort Condominiums


Wailea Condominiums


Wailea is home to several different condominium resorts, including the Andaz, Grand Champions, Ho'olei, Kai Malu, Kanani Wailea, Keala O Wailea, Palms at Wailea, Wailea Palms, Makalii, Papali, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi, Wailea Ekolu, Wailea Elua, Wailea Fairway Villas, Wailea Point, and Wailea Town Center.


Makena is home to the Makena Golf &amp; Beach Club, Makena Surf, Na Hale O Makena






WAILEA &amp; MAKENA CONDO SALES


Q1 2024


2023


2022


2021


2020


2019




Number of Sales


43


112


130


315


144


140




Volume


$138,202,749


$424,827,928


$359,939,459


$673,905,402


$321,397,970


$268,736,001




Low Sales Price


$999,999


$1,050,000


$650,000


$375,000*


$683,550


$599,000




High Sales Price


$10,000,000


$13,000,000


$12,000,000


$16,000,000


$15,400,000


$10,866,000




Median


$2,690,000


$2,427,050


$1,757,500


$1,550,000


$1,420,000


$1,282,500




Average SP


$3,214,017


$3,793,107


$2,768,765


$2,139,382


$2,231,930


$1,919,543




Average SP/Sq. Ft.


$1,840


$1,851


$1,719


$1,269


$1,176


$1,119




Average DOM


453


463


92


350


347


211




Average SP/LP


99


99


99


99


97


97











How does the market through the first quarter of 2024 stack up for each community as compared with prior years?


A FIVE-YEAR OVERVIEW


Andaz Wailea


Andaz Wailea Condos for Sale


 






Andaz Residences


Q1 2024


2023


2022


2021


2020


2019




Sales


0


1


1


1


0


0




Volume


NA


$11,750,000


$11,900,000


6,950,000


$0


$0




Low SP


NA


$11,750,000


$11,900,000


6,950,000


NA


NA




High SP


NA


$11,750,000


$11,900,000


6,950,000


NA


NA




Median SP


NA


$11,750,000


$11,900,000


6,950,000


NA


NA




Average SP


NA


$11,750,000


$11,900,000


6,950,000


NA


NA




Average SP/Sq. Ft


NA


$4,176


$4,229


2,470


NA


NA




Average DOM


NA


63


132


267


NA


NA




Average SP/LP


NA


98


100


96


NA


NA






 







Grand Champions


Grand Champions Condos for Sale


 






Grand Champions


Q1 2024


2023


2022


2021


2020


2019




Sales


0


5


10


29


12


13




Volume


NA


$7,365,000


$13,135,000


$26,155,500


$10,102,550


$10,298,900




Low SP


NA


$1,150,000


$850,000


$659,000


$683,550


$685,000




High SP


NA


$1,700,000


$1,595,000


$1,295,000


$1,200,000


$1,199,000




Median SP


NA


$1,515,000


$1,350,000


$799,000


$795,000


$760,000




Average SP


NA


$1,473,000


$1,313,500


$901,914


$841,879


$792,223




Average SP/Sq. Ft


NA


$1,407


$1,216


$825


$738


$732




Average DOM


NA


111


92


150


98


144




Average SP/LP


NA


95


99


99


97


97






 







Ho'olei


Hoolei Condos for Sale


 






Ho'olei


2024


2023


2022


2021


2020


2019




Sales


3


0


7


13


8


9




Volume


$18,450,000


$0


$36,800,000


$45,151,000


$25,180,000


$27,155,000




Low SP


$5,850,000


NA


$4,325,000


$2,899,000


$2,250,000


$2,535,000




High SP


$6,500,000


NA


$6,225,000


$4,350,000


$3,500,000


$3,450,000




Median SP


$6,100,000


NA


$5,000,000


$3,500,000


$3,452,500


$3,050,000




Average SP


$6,150,000


NA


$5,257,143


$3,473,154


$3,147,500


$3,017,222




Average SP/Sq. Ft


$2,225


NA


$1,935


$1,322


$1,156


$1,108




Average DOM


35


NA


51


83


144


131




Average SP/LP


99


NA


101


96


94


96






 







Kai Malu at Wailea


Kai Malu at Wailea Condos for Sale






Kai Malu


Q1 2024


2023


2022


2021


2020


2019




Sales


4


5


7


21


5


17




Volume


$11,450,000


$12,645,000


$15,919,000


$33,969,100


$8,155,000


$25,244,000




Low SP


$1,950,000


$2,095,000


$1,999,000


$1,300,000


$1,495,000


$1,245,000




High SP


$3,300,000


$2,750,000


$2,615,000


$1,940,000


$1,750,000


$1,942,500




Median SP


$3,100,000


$2,600,000


$2,200,000


$1,610,000


$1,685,000


$1,375,000




Average SP


$2,862,500


$2,529,000


$2,274,143


$1,617,576


$1,631,000


$1,438,765




Average SP/Sq. Ft


$1,567


$1,399


$1,243


$898


$902


$819




Average DOM


104


77


62


80


137


196




Average SP/LP


99


97


99


100


98


96











Kanani Wailea


Kanani Wailea Condos for Sale






Kanani Wailea


Q1 2024


2023


2022


2021


2020


2019




Sales


0


2


3


6


1


2




Volume


NA


$4,050,000


$5,780,000


$8,617,000


$1,188,000


$2,398,000




Low SP


NA


$1,750,000


$1,680,000


$1,150,000


$1,188,000


$998,000




High SP


NA


$2,300,000


$1,900,000


$1,900,000


$1,188,000


$1,400,000




Median SP


NA


$2,025,000


$1,900,000


$1,321,000


$1,188,000


$1,999,000




Average SP


NA


$2,025,000


$1,926,667


$1,436,167


$1,188,000


$1,999,000




Average SP/Sq. Ft


NA


$981


$865


$658


$573


$573




Average DOM


NA


77


72


163


310


310




Average SP/LP


NA


94


99


100


99


94






 







Keala O Wailea


Keala O Wailea Condos for Sale






Keala O Wailea


Q1 2024


2023


2022


2021


2020


2019




Sales


3


2


4


12


9


13




Volume


$7,695,000


$5,225,000


$847,000


$23,053,000


$12,695,000


$18,859,000




Low SP


$2,400,000


$2,400,000


$1,445,000


$1,280,000


$1,225,000


$1,060,000




High SP


$2,800,000


$2,825,000


$2,727,000


$2,550,000


$1,670,000


$2,450,000




Median SP


$2,495,000


$2,612,500


$2,162,500


$1,762,500


$1,415,000


$1,349,000




Average SP


$2,565,000


$2,612,500


$2,124,250


$1,921,083


$1,410,556


$1,450,692




Average SP/Sq. Ft


$1,917


$1,587


$1,593


$1,278


$1,094


$1,050




Average DOM


122


41


65


128


155


121




Average SP/LP


97


102


103


98


97


98











La'i Loa


Lai Loa Condos for Sale






Lai Loa


Q1 2024


2023




Sales


18


31




Volume


$45,538,750


$77,555,500




Low SP


$1,519,250


$1,525,250




High SP


$3,820,000


$3,803,500




Median SP


$2,452,275


$2,449,550




Average SP


$2,529,931


$2,501,790




Average SP/Sq. Ft


$1,462


$1,407




Average DOM


956


1021




Average SP/LP


100


102






 







Makali'i


Makalii Condos for sale






Makalii


Q1 2024


2023


2022


2021


2020


2019




Sales


1


3


5


71


14


0




Volume


$3,250,000


$9,195,000


$14,110,000


$132,792,000


$21,094,000


$0




Low SP


$3,250,000


$2,700,000


$1,750,000


$1,015,000


$1,250,000


NA




High SP


$3,250,000


$3,400,000


$3,300,000


$3,200,000


$1,950,000


NA




Median SP


$3,250,000


$3,095,000


$2,990,000


$1,812,000


$1,498,000


NA




Average SP


$3,250,000


$3,065,000


$2,822,000


$1,870,310


$1,506,714


NA




Average SP/Sq. Ft


$2,065


$1,784


$1,647


$1,113


$923


NA




Average DOM


40


116


327


1170


1283


NA




Average SP/LP


97


95


100


100


100


NA











Makalii is a new development that launched in 2020 with presales beginning years prior.  As such, days on market include build time and developer sales sell at 100 of asking


Makena Golf &amp; Beach Club


Makena Golf &amp; Beach Club Condos for Sale






Makena Golf &amp; Beach Club


Q1 2024


2023


2022


2021


2020


2019




Sales


2


17


3


2


13


8




Volume


$20,000,000


$176,684,480


$26,806,000


$23,027,000


$91,931,000


$79,848,000




Low SP


$10,000,000


$4,375,000


$6,350,000


$10,527,000


$4,950,000


$9,037,000




High SP


$10,000,000


$13,000,000


$11,256,000


$12,500,000


$15,400,000


$10,886,000




Median SP


$10,000,000


$10,800,000


$9,200,000


$11,513,500


$7,044,000


$9,651,000




Average SP


$10,000,000


$10,393,205


$8,953,333


$11,513,500


$7,071,615


$9,981,000




Average SP/Sq. Ft


$3,151


$2,604


$1,995


$3,175


$1,929


$2,921




Average DOM


33


810


160


84


1071


1096




Average SP/LP


100


100


100


98


100


100











Makena Surf


Makena Surf Condos for Sale






Makena Surf


Q1 2024


2023


2022


2021


2020


2019


2018




Sales


0


0


5


8


5


2


6




Volume


NA


NA


$24,000,000


$27,495,000


$16,724,990


$4,848,000


$15,110,000




Low SP


NA


NA


$3,800,000


$2,735,000


$2,350,000


$2,298,000


$1,900,000




High SP


NA


NA


$5,500,000


$4,000,000


$5,999,990


$2,550,000


$3,600,000




Median SP


NA


NA


$5,200,000


$3,600,000


$2,850,000


$2,424,000


$2,450,000




Average SP


NA


NA


$4,800,000


$3,436,875


$3,344,998


$2,424,000


$2,518,333




Average SP/Sq. Ft


NA


NA


$3,538


$2,439


$1,878


$1,800


$1,963




Average DOM


NA


NA


117


114


190


53


161




Average SP/LP


NA


NA


95


97


95


101


93











Na Hale O Makena


Na Hale O Makena Condos for Sale






Na Hale O Makena


Q1 2024


2023


2022


2021


2020


2019




Sales


0


1


4


6


1


2




Volume


NA


$2,550,000


$13,400,000


$11,627,790


$1,413,750


$2,975,000




Low SP


NA


$2,550,000


$2,600,000


$1,500,000


$1,413,750


$1,325,000




High SP


NA


$2,550,000


$3,550,000


$2,543,790


$1,413,750


$1,650,000




Median SP


NA


$2,550,000


$3,400,000


$1,867,000


$1,413,750


$1,487,500




Average SP


NA


$2,550,000


$3,350,000


$1,937,965


$1,413,750


$1,487,500




Average SP/Sq. Ft


NA


$1,205


$1,288


$914


$668


$708




Average DOM


NA


36


129


136


107


250




Average SP/LP


NA


94


96


98


98


87











Palms I at Wailea


Palms I at Wailea Condos for Sale






Palms at Wailea


Q1 2024


2023


2022


2021


2020


2019




Sales


0


8


18


16


15


7




Volume


NA


$13,476,000


$24,834,000


$15,698,000


$12,349,350


$5,765,001




Low SP


NA


$1,381,000


$985,000


$720,000


$690,000


$686,000




High SP


NA


$1,950,000


$1,575,000


$1,230,000


$1,400,000


$950,000




Median SP


NA


$1,675,000


$1,400,000


$932,500


$795,000


$875,000




Average SP


NA


$1,684,500


$1,379,667


$981,125


$823,290


$823,572




Average SP/Sq. Ft


NA


$1,437


$1,197


$863


$731


$736




Average DOM


NA


62


73


129


175


136




Average SP/LP


NA


99


100


100


100


100











Palms II at Wailea (Wailea Palms)


Wailea Palms Condos for Sale


 






Wailea Palms 


2024


2023


2022


2021


2020


2019




Sales


1


4


8


10


5


10




Volume


$1,705,000


$7,977,500


$14,225,000


$11,567,000


$4,299,000


$10,639,100




Low SP


$1,705,000


$1,632,500


$1,500,000


$835,000


$725,000


$800,000




High SP


$1,705,000


$2,595,000


$2,550,000


$1,650,000


$1,125,000


$1,600,000




Median SP


$1,705,000


$1,875,000


$1,707,500


$1,162,500


$820,000


$990,000




Average SP


$1,705,000


$1,994,375


$1,778,125


$1,156,700


$859,800


$1,063,910




Average SP/Sq. Ft


$1,428


$1,443


$1,348


$950


$759


$820




Average DOM


69


149


65


112


98


100




Average SP/LP


97


98


100


98


98


95






 







Papali Wailea


Papali Wailea Condos for Sale


 






Papali


Q1 2024


2023


2022


2021


2020


2019




Sales


0


0


0


4


1


0




Volume


NA


NA


NA


$16,170,000


$2,600,000


NA




Low SP


NA


NA


NA


$3,795,000


$2,600,000


NA




High SP


NA


NA


NA


$4,400,000


$2,600,000


NA




Median SP


NA


NA


NA


$3,978,500


$2,600,000


NA




Average SP


NA


NA


NA


$4,042,500


$2,600,000


NA




Average SP/Sq. Ft


NA


NA


NA


$1,694


$1,090


NA




Average DOM


NA


NA


NA


93


609


NA




Average SP/LP


NA


NA


NA


100


87


NA






 







Polo Beach Club


Polo Beach Club Condos for Sale






Polo Beach Club


Q1 2024


2023


2022


2021


2020


2019




Sales


1


0


2


6


2


3




Volume


$5,400,000


$0


$8,599,808


$20,155,000


$5,157,500


$7,825,000




Low SP


$5,400,000


NA


$3,999,808


$2,200,000


$2,575,000


$2,175,000




High SP


$5,400,000


NA


$4,600,000


$4,675,000


$2,600,000


$3,400,000




Median SP


$5,400,000


NA


$4,299,904


$3,365,000


$2,587,500


$2,940,000




Average SP


$5,400,000


NA


$4,299,904


$3,359,167


$2,587,500


$2,608,333




Average SP/Sq. Ft


$4,369


NA


$3,547


$2,696


$1,959


$2,134




Average DOM


186


NA


61


72


102


167




Average SP/LP


96


NA


99


97


99


97











Wailea Beach Villas


Wailea Beach Villas Condos for Sale 






Wailea Beach Villas


Q1 2024


2023


2022


2021


2020


2019




Sales


0


3


5


13


5


1




Volume


NA


$26,025,000


$41,225,000


$78,725,000


$19,944,000


$4,600,000




Low SP


NA


$6,525,000


$4,550,000


$2,845,000


$2,500,000


$4,600,000




High SP


NA


$10,900,000


$12,000,000


$14,000,000


$6,895,000


$4,600,000




Median SP


NA


$8,600,000


$7,800,000


$5,100,000


$3,900,000


$4,600,000




Average SP


NA


$8,675,000


$8,245,000


$6,055,769


$3,988,800


$4,600,000




Average SP/Sq. Ft


NA


$3,582


$3,160


$2,363


$1,534


$2,110




Average DOM


NA


162


76


137


181


336




Average SP/LP


NA


97


99


98


94


94











Wailea Ekahi


Wailea Ekahi Condos for Sale 






Wailea Ekahi


Q1 2024


2023


2022


2021


2020


2019




Sales


4


7


17


27


18


23




Volume


$6,749,999


$11,620,427


$26,108,750


$31,861,512


$20,185,000


$2,725,700




Low SP


$999,999


$1,436,627


$650,000


$647,000


$690,000


$650,000




High SP


$2,800,000


$2,300,000


$2,070,000


$2,200,000


$2,750,000


$2,350,000




Median SP


$1,475,000


$1,570,000


$1,575,000


$1,070,000


$974,500


$1,020,000




Average SP


$1,687,500


$1,660,061


$1,535,809


$1,180,056


$1,221,389


$1,185,087




Average SP/Sq. Ft


$2,021


$1,991


$1,687


$1,290


$1,147


$1,136




Average DOM


94


101


75


91


154


213




Average SP/LP


97


98


100


98


95


96











Wailea Ekolu


Wailea Ekolu Condos for Sale


 






Wailea Ekolu


Q1 2024


2023


2022


2021


2020


2019




Sales


0


6


11


14


6


12




Volume


NA


$11,449,500


$18,650,000


$16,403,000


$5,729,999


$12,062,000




Low SP


NA


$1,542,000


$1,105,000


$899,000


$720,000


$645,000




High SP


NA


$2,362,500


$2,295,000


$1,525,000


$1,100,000


$1,300,000




Median SP


NA


$1,887,500


$1,700,000


$1,172,500


$1,012,500


$1,035,000




Average SP


NA


$1,908,250


$1,695,455


$171,643


$955,000


$1,005,167




Average SP/Sq. Ft


NA


$1,801


$1,735


$1,140


$929


$951




Average DOM


NA


110


74


74


90


86




Average SP/LP


NA


98


102


101


96


97






 







Wailea Elua


Wailea Elua Condos for Sale






Wailea Elua


Q1 2024


2023


2022


2021


2020


2019




Sales


1


6


3


11


2


4




Volume


$3,999,000


$23,105,000


$9,851,000


$29,100,000


$7,415,000


$7,030,000




Low SP


$3,999,000


$2,800,000


$2,700,000


$1,550,000


$3,615,000


$1,500,000




High SP


$3,999,000


$4,900,000


$4,201,000


$4,350,000


$3,800,000


$1,945,000




Median SP


$3,999,000


$3,852,500


$2,950,000


$2,200,000


$3,707,500


$1,792,500




Average SP


$3,999,000


$3,850,833


$3,283,667


$2,645,455


$3,707,500


$1,757,500




Average SP/Sq. Ft


$3,151


$3,094


$2,812


$2,043


$2,945


$1,558




Average DOM


81


116


91


104


144


93




Average SP/LP


100


97


103


101


95


98











Wailea Fairway Villas


Wailea Fairway Villas Condos for Sale






Wailea Fairway Villas


Q1 2024


2023


2022


2021


2020


2019




Sales


3


9


11


26


8


9




Volume


$5,025,000


$13,217,021


$12,878,001


$24,430,500


$6,376,000


$6,912,000




Low SP


$1,200,000


$1,095,000


$925,000


$725,000


$715,000


$599,000




High SP


$2,500,000


$1,999,999


$1,495,000


$1,450,000


$1,090,000


$1,195,000




Median SP


$1,325,000


$1,400,000


$1,150,000


$890,000


$767,000


$725,000




Average SP


$1,675,000


$1,468,558


$1,170,727


$939,635


$797,000


$768,000




Average SP/Sq. Ft


$1,353


$1,255


$1,177


$866


$772


$721




Average DOM


142


95


94


76


201


200




Average SP/LP


97


97


99


99


97


98











Wailea Point


Wailea Point Condos for Sale


 






Wailea Point


Q1 2024


2023


2022


2021


2020


2019




Sales


2


2


5


17


14


5




Volume


$8,940,000


$10,937,500


$23,110,000


$87,568,000


$48,840,331


$15,040,000




Low SP


$4,090,000


$5,162,500


$2,075,000


$375,000*


$1,525,000


$1,740,000




High SP


$4,850,000


$5,775,000


$6,785,000


$16,000,000


$7,500,000


$5,400,000




Median SP


$4,470,000


$5,468,750


$4,450,000


$5,000,000


$2,716,250


$2,650,000




Average SP


$4,470,000


$5,468,750


$4,622,000


$5,151,059


$3,488,595


$3,008,000




Average SP/Sq. Ft


$3,226


$2,983


$2,239


$1,945


$1,619


$1,582




Average DOM


65


151


80


169


174


140




Average SP/LP


91


93


97


97


95


94




*Sale of a garage


 


 


 


 


 


 






 







Wailea Town Center


Wailea Town Center Condos for Sale






Wailea Town Center


Q1 2024


2023


2022


2021


2020


2019




Sales


0


0


0


2


0


0




Volume


NA


NA


NA


$3,390,000


NA


NA




Low SP


NA


NA


NA


$1,690,000


NA


NA




High SP


NA


NA


NA


$3,390,000


NA


NA




Median SP


NA


NA


NA


$1,695,000


NA


NA




Average SP


NA


NA


NA


$1,695,000


NA


NA




Average SP/Sq. Ft


NA


NA


NA


$968


NA


NA




Average DOM


NA


NA


NA


71


NA


NA




Average SP/LP


NA


NA


NA


104


NA


NA











If you are thinking of buying or selling in Wailea or Makena, please contact Courtney M. Brown for more detailed information on the market at each of these Wailea and Makena communities





Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
 ]]> </description>
    <pubDate>Thu, 11 Apr 2024 11:11:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-statistics-september-2021.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/maui-real-estate-statistics-september-2021.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Maui Real Estate Statistics: September 2021</title>
    <description> <![CDATA[ 



Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market.


Along with the rest of the country, Maui's real estate market has been far more active than last year during the pandemic.  


The report notes &quot;Nationwide, existing home sales were down slightly in August, falling 2after two consecutive months of increases, according to the National Association of REALTORS®. The decline in existing home sales coincides with rising sales prices, which have continued to soar into fall, with the median sales price of existing homes up 14.9 compared to last year. Declining affordability has had a signiﬁcant impact on homebuyers, many of whom have been priced out of the market and are choosing to wait for sales prices to ease before resuming their home search.


New Listings decreased 9.8 percent for Single Family homes and 29.2 percent for Condominium homes. Pending Sales decreased 4.3 percent for Single Family homes but increased 5.7 percent for Condominium homes. Inventory decreased 44.3 percent for Single Family homes and 82.3 percent for Condominium homes.


Median Sales Price increased 27.3 percent to $996,500 for Single Family homes and 46.6 percent to $729,125 for Condominium homes. Days on Market decreased 14.9 percent for Single Family homes and 6.9 percent for Condominium homes. Months Supply of Inventory decreased 57.1 percent for Single Family homes and 90.8 percent for Condominium homes.


There are signs the market may be shifting, however. New listings have continued to hit the market, bucking seasonality trends commonly seen in the fall, a time when listing and sales activity typically slows as children return to school. As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be music to the ears of homebuyers throughout the country.&quot;


As of the date of this post, October 15, 2021:


MAUI HOMES: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings: 184 homes from $549,000 in Wailuku to $26,000,000 for an oceanfront home for sale in MakenaPending: 213 homes from $294,900 in Lahaina to $12,900,000 for a home across the street from the ocean in MakenaSold: 1,045 homes from $220,000 to $45,000,000 (the highest sale recorded on Maui for a single-family home at Keawakapu Beach)


MAUI CONDOS: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings:135 condos listed from $179,000 Leasehold to $5,995,000 for a condominium at the Montage Residences Kapalua BayPending: 302 condos pending, ranging from $151,000 to $17,770,000 at Wailea PointSold: 1,869 condos sold, ranging from $75,000 Leasehold to $14,000,000 for a Wailea Beach Villas condominium


MAUI LAND: ACTIVE LISTINGS, PENDING SALES, AND SALES 


Active Listings: 103 lots from $155,000 in Wailuku to $16,850,000 for over 3000 acres of ranch land in KaupoPending: 58 lots from $170,000 in Nahiku to $7,500,000 for 464 acres in KulaSold: 299 lots from to $38,000 to $14,000,000 for Piiholo Ranch in Upcountry Maui


The days on market is down for all categories.  Land sales tend to lag behind condos and homes, as it doesn't allow immediate use and enjoyment and the building process does take time.   However, land sales are now up 55 over the same period last year.  As home prices have soared (median price up 46.6) and inventory decreased, many buyers look toward building as an option.


*Molokai and Lanai are not included in the above summaries, although they are a part of Maui County.


Read the full report and see how it compares to prior years here: Maui Real Estate Statistics
 ]]> </description>
    <pubDate>Fri, 15 Oct 2021 13:01:00 -1000</pubDate>
</item>
    </channel>
</rss>