Wailea & Makena 2016 Condo Sales Data
2016 has been a great year in the Wailea condo market, the first 6 months of the year averaged 8 closings per month with its two best months being March (12 sold) and June (11 sold); a little under half of the sales fell in those two months alone. On the other hand, the worst months so far in 2016 were January (5 sold) and May (7 sold).
In the first half of 2016, 52 units were sold representing a running sales volume of $74,272,600. The average sold price for a unit is just over $1.4 million, while the median sold price of a unit was just under $1.1 million.
The views from the Ho’olei villas are spectacular
The Hard Numbers: 1st Half of 2016 Stats
- 53 sales
Kai Malu 35A listed by the Sayles Team
- Wailea: 48
- Makena: 5
- High: $4,600,000
- Low: $550,000
- Avg. Sale Price: $1,401,369
- Avg. Price/Sqft: $971.04
- Avg. DOM:197
- Avg. Living Area: 1387 sqft
Highest Priced Condo Sale 2016: Wailea Point Villa 1501
Sold Wailea Point villa 1501 for $4.6 million after a 30 day cash escrow. Incredible oceanfront location & views! Lots of space in Wailea Point’s largest standard floor plan. Beautiful interior with open kitchen & wood floors. The huge downstairs “entertainment level” is a guest room, family room, bar & bath – OR it can be a sumptuous oceanfront master suite. Sits high above the ocean for the most dramatic views and great privacy.
Lowest Priced Condo Sale: Grand Champions Villa 68
Located on the outer perimeter of the unit Grand Champions villa 68 was a steal at $550,000. The vaulted ceilings in the living area create an exceptionally light-filled and extenuate the spaciousness of this 1 bedroom, 2 bath unit.
Market Average Sale: Wailea Palms Villa 3201
This Wailea Palms unit underwent a complete remodel and has elevated the unit to the top of the market. There aren’t many units that can compare to the quality of finishes and level of luxury the unit provides. The vibrant furnishings make the unit pop and nicely complement the detailed upgrades. Sold for $1,425,000
2014-2016 1st Half of Year Condo Sales
*Note prices are in 1000’s, i.e. $1,541=$1,541,000; $1,006=$1,006,000
New Wailea Condo Listings
Direct Oceanfront: Wailea Point Villa 1103
Absolutely breathtaking ocean & island views with extreme privacy from the lanai. Possibly Wailea Point’s finest location, the villa faces west towards Molokini, Lanai island, and the West Maui Mountains. At 52 feet above sea level, the front row location doesn’t get much better than this. The pedestrians on the acclaimed oceanfront path are well below, and mostly out of sight. Ground level for ease of ingress & egress. Easy access to Wailea Point’s beautiful gardens from the enormous lanai. Large, single detached garage included. Close to original but good condition, and the lovely “open” kitchen is a bonus.
Listed at $4,250,000
Listed by the Sayles Team: Wailea Ekahi 18D
It is a beautifully remodeled Wailea Ekahi unit with fantastic upgrades bumping the unit up to a list price of $1,724,000. The lanai is one of the most serene parts of the condo, overlooking the deep blue Pacific and onto West Maui. The 2 bedroom, 2 bath floor plan features two spacious master suites providing for additional privacy.
Furnished & Spacious: Palms at Wailea Unit 1301
The lowest priced 2 bedroom unit in the highly desired inner courtyard of the Palms at Wailea. First floor condo with ocean views and is just a short stroll to the recently remodeled pool area. Large 2 bedroom, 2 bath unit with approximately 1600 square feet of living space including the lanai. Beautifully decorated with a tropical feel. Functional open floor plan. Mitsubishi split A/c unit in both bedrooms and living room installed in 2014. Fully furnished with an inventory. Ready to move right in or continue as a vacation rental. Solid rental history with several repeat guests.
Listed at $1,195,000
Wailea Condos For Sale
155 WAILEA IKE PL #10
10 WAILEA EKOLU PL #402
10 WAILEA EKOLU PL #1705
3150 WAILEA ALANUI DR #2703
139 KAI LA PL #35B
155 WAILEA IKE PL #40
100 POAILANI PL #29
161 WAILEA IKE PL #C-203
4000 WAILEA ALANUI DR #2502
24 KAI MALU DR #102 - 3B
Complete inventory of Wailea Condos For Sale
Contact a Maui Real Estate and Lifestyle Specialist
Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea
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.
Aloha,
Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com