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Maui Real Estate Resources

The Maui Real Estate Blog

Hoolei condo sold for over $3 Million – the first in more than 2 years

I’m very excited share some great news for the Ho’olei condo market. It’s been more than two-and-a-half years since the last $3M+ Ho’olei sale (Villa 81-1 sold for $3,125,000 back in September 2008) and many people watching Ho’olei condos for sale have been wondering when sales in the $3 Million range would be back.

Ocean views from 75-4

This is the inspiring ocean view from the Villa that sold for a record price!

Now the wait is over and sales in the Top Row of Ho’olei are back up at the exciting prices we saw in 2008! Today we closed the sale of Ho’olei Villa 75-4 which sold for a record $3,125,000!

Villa 75-4 exemplifies the best qualities of the Ho’olei community with a commanding location on the Top Row and outstanding panoramic ocean views, which is why this Villa went under contract after only 54 days on the market.

This is the 5th sale at Ho’olei in just the first 4 months of 2011 bringing the year-to-date average sales price for Ho’olei up to $2,769,000. The average sales price for Ho’olei in 2011 is up 26.43% (same period in 2010 was $2,190,000) and interest in Ho’olei is at an all-time high.

Want to see the best Ho’olei Villas that are available on the market right now? I represent 4 Ho’olei condos for sale on the Top Row and would be happy show you what makes these Villas the best of the best. Contact me for a private showing or a complete market report on Ho’olei.

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