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Pending Wailea condo sales – a sign of the Maui real estate market recovery

We closely monitor the market of Wailea condos for sale and wanted to share a recent positive sign of the continuing Maui real estate market recovery: there are now 10 pending sales for Wailea condos listed over $2,000,000.

Wailea Beach Villas PH509 Living Interior

Positive sign for the luxury Wailea condo market

The Wailea real estate market seems to be changing right before our eyes. After 113 Days on the market, Wailea Beach Villas Penthouse 509 (MLS #346227) went pending earlier this morning, bringing the total pending list up to 10 for Wailea condo sales for units listed over two million. There have already been 10 condominium sales in Wailea this year alone over 2 million. We are clearly in the recovery state at this point in time.

Maui condo sales lead the market improvement

In 2010, all property classes on Maui experienced double digit increases in unit sales volume, with condominiums showing the most significant improvement with nearly a 40% increase relative to 2009. Unit sales volume for single family homes on Maui was up nearly 18%, while vacant land sales were up 14% compared to 2009.

Wailea & Makena condos with significant pending sales

Here is a list of the condos in Wailea and Makena that have pending sales over $2,000,000

See all the latest Wailea condos for sale

Below are the most recently listed and updated condominiums for sale in Wailea.

155 WAILEA IKE PL #172

155 WAILEA IKE PL #172
Price: $1,075,000
Beds: 1
Baths Total: 2
Sqft: 908
Acres: 12.22
City: Kihei
State: HI
Zip: 96753

3950 KALAI WAA ST #A201

3950 KALAI WAA ST #A201
Price: $1,199,000
Beds: 2
Baths Total: 2
Sqft: 949
Acres: 12.37
City: Kihei
State: HI
Zip: 96753

125 HOLOMOANA WAY #103 (3C)

125 HOLOMOANA WAY #103 (3C)
Price: $3,295,000
Beds: 3
Baths Total: 3
Sqft: 1802
Acres: 9.346
City: Kihei
State: HI
Zip: 96753

3600 WAILEA ALANUI DR #2102

3600 WAILEA ALANUI DR #2102
Price: $2,695,000
Beds: 1
Baths Total: 2
Sqft: 1013
Acres: 11.44
City: Kihei
State: HI
Zip: 96753

19 KAI LA PL #43B

19 KAI LA PL #43B
Price: $2,750,000
Beds: 3
Baths Total: 3
Sqft: 1786
Acres: 25.16
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #1207

10 WAILEA EKOLU PL #1207
Price: $1,850,000
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

3300 WAILEA ALANUI DR #6F

3300 WAILEA ALANUI DR #6F
Price: $1,600,000
Beds: 1
Baths Total: 2
Sqft: 885
Acres: 13.2
City: Kihei
State: HI
Zip: 96753

57 MAKAKEHAU ST #J2

57 MAKAKEHAU ST #J2
Price: $5,595,000
Beds: 3
Baths Total: 4
Sqft: 2426
Acres: 30.167
City: Kihei
State: HI
Zip: 96753

3800 WAILEA ALANUI DR #404

3800 WAILEA ALANUI DR #404
Price: $5,498,000
Beds: 2
Baths Total: 2
Sqft: 1978
Acres: 10.74
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #1603

10 WAILEA EKOLU PL #1603
Price: $1,649,999
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

6 thoughts on “Pending Wailea condo sales – a sign of the Maui real estate market recovery

    1. Right now there are 11 units active at Wailea Beach Villas and the average asking price is
      $4,551,090.

  1. That’s great news Dano. Wailea seems to be one of the quicker recovering markets in the state. Thanks for sharing.

  2. Wailea Beach Villas PH410 is the best deal in the neighborhood right now. PH403 sold earlier this year for $3,550,000. PH410 just had a major price reduction, and is now offered at $3,425,000. I think that will be the next unit to sell in there.

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