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Maui Real Estate Resources

The Maui Real Estate Blog

Hoolei real estate market update for May 17

 

Read the May end of month Ho’olei market report here

The last 7 days have been extremely busy for Hoolei real estate with our team successfully selling one Villa, putting another under contract and debuting a new listing on the fourth row! Read below for details on the recent market activity at Ho’olei along with comparisons to the greater market of Wailea condos for sale.

 

New Listing – Ho’olei Villa 112-6

We just listed Ho’olei Villa 112-6 for $2,695,000. This Hibiscus floor plan Villa has a great location on the Top row of the community with deluxe ocean views and is decorated in vibrant and revitalizing colors.

Ocean views from Ho'olei villa 112-6
Living room Ho'olei 112-6

This is the lowest priced villa on the Top row and a definite best buy when it comes to resale villas in the community. The Hibiscus floor plan has 3,076 square feet of living area, three bedroom suites, covered lanais on both floors, a private elevator and a 1-car garage.

 

Under contract – Ho’olei Villa 99-6

This beautiful Hibiscus floor plan Villa on the Top row went under contract on May 11, 2011 after only 65 days on the market. With this Villa pending to sell soon, there is only one Original Developer Hibiscus Villa available on the market. Ho’olei Villa 52-6 on the Top row offers unrivaled privacy and views.

Ocean view from Ho'olei 99-6

Ho'olei E6 (99-6) went under contract on 05/11/2011

Villa 99-6 is one of only four pending Wailea/Makena condo sales over $2 Million along with units at Makena Surf, Polo Beach Club and Wailea Beach villas. There are currently a total of 21 pending condo sales in Wailea and Makena, 17 of them are under $2 Million.

 

Just Sold – Ho’olei Villa 17-5

Maile floor plan Villa 17-5 sold on May 12, 2011 for $2,547,500 after 233 days on the market. This marks the 6th Ho’olei sale so far in 2011 bringing the average sales price in Ho’olei to $2,732,083 and the total sales volume to $16,392,500.

Ho'olei M5 (17-5) sold on 05/12/2011

With 17-5 sold, which are the best Maile Villas on the market? There are two prime ocean view Maile Villas available on the Top row that are worth looking at: Ho’olei Villa 87-5 is an original developer offering for $2,750,000 and Villa 63-2 boasts impeccable interior design for $2,890,000.

 

Request a free copy of our detailed Ho’olei report

Want a more complete Ho’olei report showing all the recent price changes, canceled listings and sales? Contact us to request our detailed Ho’olei report complete with all the data.

 

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