Summer Listings at Hale Kamaole
The newest listing to market, Hale Kamaole unit 241 provides highly sought after ocean views from its outdoor covered lanai space. The open floor plan is impressive and allows the living room to flow nicely into the slightly remodeled kitchen. New upgrades to the bathroom include new vanity, counter top, and fixtures. The tile floors will keep your feet cool through the summer and make for easy up keep. The unit has shown it can have a very strong rental history, with many current and future reservations.
Listed at $437,500
This second floor unit also has a lovely lanai and is positined nicely to take advantage of the South Maui trade winds. Although only 1 bedroom and 1 bath, the unit lives a lot more spacious than the 778 square feet of living space suggests. The unit has been very well taken care and you can easily feel it when you preview the unit. There are also some limited upgrades, but anything helps when you the complex is 30+ years old.
Listed at $459,900
Hale Kamaole Market Update 2017
This year to date, Hale Kamole has only seen 5 units sold so far in 2017; compared to the same time last year, 2017 is outperforming 2016 by 400%. Over the last few years, interest in the community has tailed off a bit, but nonetheless, Hale Kamaole is still an extremely desirable complex because of the across the beach location from Kamaole Beach Park III.
80% of the sales have come in the 1st quarter of 2017, which coincides with contracts written during the winter busy season; buyers make a buying decision in a different part of the year, but data doesn’t reflect sales until the unit actually closes escrow.
- Number of Hale Kamaole condos sold: 5
- Average sold price: $523,000
- Highest priced unit sold: $650,000
- Lowest priced unit sold: $375,000
Highest (2nd) Priced Unit Sold
Lowest Priced Unit Sold
The Hale Kamaole condos for sale market tells a very intersting story, as of today (8/16), all six listings are within $75k of one another. What that means is all units essentially substitutes for one another, albeit not perfect substitutes, but there is not much separating the units.
50% of the units for sale have been on the market for over 6 months. When a market stagnates, it opens up room to buyers since most sellers will be craving some kind of offer. It never hurts to write an offer because you never know the sellers situation.
- Number of Hale Kamaole condos for sale: 6
- Average asking price: $436,383
- Highest priced unit for sale: $475,000
- Lowest priced unit for sale: $397,000
Contact a South Maui Real Estate Specialist
Ho’olei just as the sun is setting
We’d like to extend an invitation to you to stop by our on-site Ho’olei real estate information office, which is open daily, before the reservation desk, from 9:00AM–5:00PM.