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Condos for sale in Wailea – active market report for June 1

While the average asking price for 2 and 3 bedroom Wailea condos has been holding steady, the average asking price for 1 bedroom condos has sharply increased by more than $41,000 in the last 45 days. A quick look at 1 bedroom Wailea Condos for sale shows the current average asking price at $874,409 which is up dramatically from April 15th average of $832,939. Read below for a more detailed analysis of the current Wailea condo market.

Makena Surf Resort Unit B206

View from the Beachfront Makena Surf Resort Unit B206 which had a $100K price reduction

Wailea condo activity for the last 2 weeks

New Wailea condos listings since May 15, 2011

  • 348263 – $650,000 – Grand Champions Unit 40 – 2 Beds – 1148 sqft
  • 348269 – $2,095,000 – Hoolei Unit 93-1 (G1) – 3 Beds – 3076 sqft
  • 348201 – $7,795,000 – Makena Place Unit 1 – 7 Beds – 7288 sqft
  • 348178 – $8,250,000 – Makena Place Unit 6 – 4 Beds – 3313 sqft
  • 348272 – $645,000  – Wailea Palms Unit 2503 – 2 Beds – 1194 sqft
  • 348175 – $4,199,000  – Wailea Beach Villas  Unit PH503 – 3 Beds – 1961 sqft
  • 348148 – $4,188,000  – Wailea Beach Villas Unit PH502 – 2 Beds – 1978 sqft
  • 348271 – $869,900  – Wailea Fairway Villas Unit M-103 – 3 Beds – 1568 sqft
  • 348116 – $1,450,000  – Wailea Elua Unit 304 – 1 Bed – 945 sqft
  • 348214 – $1,495,000  – Wailea Ekahi Unit 18-D – 2 Beds – 1172 sqft
  • 348188 – $1,299,000  – Wailea Ekahi Unit 30D – 1 Bed – 792 sqft
  • 348179 – $2,800,000  – Wailea Point Unit 2002 – 3 Beds – 2440 sqft

Recent price reductions

There have been 10 price reductions for Wailea condos in the last 15 days. One of the most significant price reductions we been monitoring is for Wailea Palms Unit 2803. This 2 bedroom unit is back on the market after falling out of escrow in the beginning of May and has dropped in price from $840,000 down to $699,000!

There was also a $100,000 price reduction for Makena Surf Resort unit B206. This unit fell out of escrow on May 26 and is now priced at $2,285,000.

1 Bedroom Wailea condos for sale

Number of available properties: 17
Average asking price: $874,409
Average living area: 933 square feet
Average price per square foot: $949.68

2 Bedroom Wailea condos for sale

Number of available properties: 55
Average asking price: $1,607,743
Average living area: 1,371 square feet
Average price per square foot: $1,111.90

3 Bedroom Wailea condos for sale

Number of available properties: 45
Average asking price: $2,595,531
Average living area: 2,279 square feet
Average price per square foot: $1,086.32

Overview of Wailea and Makena condo communities

Below is a current list of all the condominiums for sale in Wailea/Makena sorted by building name.

Building name Active listings Average Price Average living area Average Price per SQFT
Grand Champions 7 $576,857 1,176 $488.26
Hoolei 15 $2,606,733 2,729 $963.03
Kai Malu 14 $1,454,000 1,812 $803.45
Kanani Wailea 1 $899,000 2,229 $403.32
Makena Place 3 $8,277,667 4,773 $1,974.68
Makena Surf 5 $2,635,000 1,443 $1,875.04
Na Hale O Makena 2 $1,562,500 2,151 $723.30
Palms at Wailea 12 $765,676 1,139 $667.16
Papali Wailea 2 $2,695,000 2,386 $1,129.51
Polo Beach Club 3 $1,974,333 1,203 $1,642.68
Wailea Beach Villas 12 $4,487,417 2,247 $1,925.46
Wailea Ekahi 13 $1,142,538 976 $1,172.55
Wailea Ekolu 6 $956,467 1,321 $728.46
Wailea Elua Village 6 $2,209,667 1,237 $1,763.61
Wailea Fairway Villas 6 $591,467 1,052 $562.94
Wailea Palms 9 $888,444 1,302 $689.91
Wailea Point 6 $3,690,833 2,182 $1,674.66
Grand Total 122 $2,028,006 1,728 $1,101.55

 

See all the latest Wailea condos for sale

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

360 KAI MALU PL #49-B

360 KAI MALU PL #49-B
Price: $2,700,000
Beds: 3
Baths Total: 3
Sqft: 1852
Acres: 25.16
City: Kihei
State: HI
Zip: 96753

3200 WAILEA ALANUI DR #1101

3200 WAILEA ALANUI DR #1101
Price: $1,775,000
Beds: 2
Baths Total: 2
Sqft: 1194
Acres: 16.73
City: Kihei
State: HI
Zip: 96753

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

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