In Demand Wailuku Condos: Iao Gardens 106
It’s always nice to have a listing go under contract so quickly, we brought the property to market in mid May and in less than a week we had a full price offer of $275,000 accepted by our sellers. After a two month escrow, we are happy to have helped our sellers offload the property and move onto their next one.
Iao Gardens 106 was able to move so quickly because: 1. it came to market at a desirable price point, 2. the quality & cleanliness of the unit compared to similar units in the price point, 3. the complex is in a charming Wailuku location, and 4. Wailuku condos under $300k are getting snatched up and is a very competitive price point in the Central Maui area.
Live in the heart of charming Wailuku! This rarely available, Iao Gardens condo offers sweeping views spanning from Iao to the ocean, granite counter tops, new floors, remodeled bathrooms and so much more. Check the surf from your lanai, walk to Wailuku coffee company to meet friends or relax poolside with your favorite book. Live, work and play in one of Maui’s favorite walkable towns.
So far in 2016, 62 condos have been sold across Wailuku representing a running sales volume of $23,604,289; compared to the same time las year, 10 more units have sold in 2016 than 2015 and sales volume is up by more than $5 million.
The average sold price of a Wailuku condo for sale is $369,581 with a median sold price of $325,000. The lowest priced Wailuku condo to sell closed for $130,000, it was a 6th floor unit at Puuone Towers that entered escrow after a week. The highest priced unit to sell closed for $759,000, it was a resale in the newly completed Villas at Kehalani, which is a pristine gated townhome community just below Wailuku Heights.
Beautiful Villas at Kehalani condo that sold this year
At the moment, there are 29 active Wailuku condos for sale averaging an asking price of $350,127. The lowest priced condo for sale is listed at $225,000, it is a third floor unit that was renovated in 2014 and located at Wailuku Manor which is just off Lowe Main Street. The highest priced condo for sale is listed at $725,000, it is found in the Maui Realty Suites Building on Main Street across from the Minit Stop and is on the 6th floor.
Contact a Maui Real Estate and Lifestyle Specialist
Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born and raised on the island, and spend a considerable amount of time to inform my clients about the best deals currently on the market. Please do not hesitate to call me for your Maui real estate needs. I am more than happy to assist you in your home search.