Spike In End of Summer Kihei Shores Activity

Newest Listings at Kihei Shores

Brand New 3rd Floor Listing: Kihei Shores C202

Kihei Shores C202 presents itself as a great opportunity to own your own home or as the perfect investment property because of the fantastic list price. The units here cannot be rented on a short term basis, so the community is made up of long term renters, owners who use it exclusively as a 2nd home, or permanent residents. The unit has been upgraded with wood floors, wood cabinets, new appliances, and newer finishes in the bathroom. With 2 bedrooms, 2 bathrooms, 719 sqft of interior living, and an outdoor lanai, the unit is a perfect and cozy place to call home that is just a short distance to the beach!

Listed at $350,000

Neatly Upgraded: Kihei Shores A205

Kihei Shores A205 comes complete with highly upgraded renovations and is clean unit that is ready to be moved into! Although some finishes have been redone, the unit could still use some of the future buyer’s touches to make it their own; the upgrades include: a new vanity, tub, and tiled shower. Following the same floor plan as the unit above, 2 bedrooms, 2 baths, 700+ sqft of interior living, and an outdoor lanai, the unit is a great value because of the low maintenance fees.

Listed for $350,000

Kihei Shores Units Sold This Summer

1st Floor Remodeled Unit: Kihe Shores B003

 

The Kihei Shores unit underwent a full remodel and was sold furnished, with a light and bright ambiance from the flow of natural light. The kitchen features new cabinets, granite countertops, tile backsplash, stainless steel appliances, double sink with upgraded faucet and fully stocked with dishes and small appliances. Additional features of the renovation include tile flooring throughout, upgraded ceiling fans, two AC units, and full size stack washer/dryer. Since the unit is located on the ground floor, the outdoor lanai adds an extended living area because it also stretch onto a small grassy path just off the lanai.

Sold $319,000 

Listed Last Year: Kihei Shores C007

 

After a 20k price reduction and close 9 moths on the market, the unit was finally able to attract an acceptable offer in early August. Upgraded with granite counter tops in the kitchen and bathroom, stainless steel appliances in the kitchen, the unit is a fantastic value for its price. Coming with 1 assigned parking stall and 1 unassigned parking stall, there is plenty of room to entertain guests where the lanai off the living room provides a neat outdoor area for overflow.

Sold for $20k under asking at $290,000

Highest Priced Unit Sold: Kihei Shores E209

The pictures do not do this unit justice and depict the actual look and feel of the unit. Kihei Shores E209 is actually a 3 bedroom, 2 bath, 1000+ sqft unit with a 2nd floor balcony to add a convenient outdoor area. Although the lanai does not offer ocean views, there are majestic Haleakala views that provide a soothing touch during the early morning and late afternoon hours. As an end unit, it enjoys a little more privacy than some of the other units in the complex.

Sold for $350,000 $18k under asking

Kihei Shores Market Update 2017

The Kihei Shores market is experiencing a late summer surge after a quiet summer. Since July, 5 closings have taken place and 4 other units have entered escrow. The community tends to experience a lot of activity in waves which coincide with the arrival and departure of visitors during the peak busy seasons. Just 2 weeks into September, it has already been the second most productive month thus far and could be the most productive if a few of the units close within the next two weeks.

Averaging  a little over 1 unit sold per month, the Kihei Shores community is popular among buyers because of 3 main factors: the low barrier to entry, the low maintenance fees, and its close proximity to the Kamaole Beaches. The sales in the community are operating in a tight range of $100,ooo, all 12 units have been sold in the $200k and $300k price range with the sales being split evenly 50/50 between $2 & $300k. Interestingly, only one unit has taken longer than 1 year to sell, while more than half of the units took less than 6 months to sell.

  • Number of Kihei Shores condos for sale: 12
  • Average asking price: $298,357
  • Highest priced unit sold: $350,000
  • Lowest priced unit sold: $257,389
  • Number of Kihei Shores units in escrow: 4

Highest Priced Unit Sold

Lowest Priced Unit Sold

 

Kihei Shores Condos For Sale

The Kihei Shores condo market are is quite slim at the moment because of the massive amount of units in escrow. The remaining units for sale are all within $10k of each other and are pretty close substitutes to one another; all 5 listings are listed in a price range of $350,000-$360,000. Not much separates the units other than 20 or so sqft of living space and floor level. With the exception of one listing, 80% of the units have come to the market within the last 6 weeks, so do get an offer ready if you see a unit you like before its gone!

  • Number of Kihei Shores Condos For Sale: 5
  • Average asking price: $356,000
  • Highest priced unit for sale: $360,000
  • Lowest priced listing: $350,000

2747 S KIHEI RD J-205

2747 S KIHEI RD J-205
Price: $360,000
Status: ACTIVE
Building Name: Kihei Shores
Unit: J-205
Waterfront: Across Street from Ocean
Beds: 2
Baths: 2
SqFt: 719
Address: 2747 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

2747 S KIHEI RD C202

2747 S KIHEI RD C202
Price: $350,000
Status: ACTIVE
Building Name: Kihei Shores
Unit: C202
Waterfront: Across Street from Ocean
Beds: 2
Baths: 2
SqFt: 719
Address: 2747 S KIHEI Rd
City: Kihei
State: HI
Zip: 96753

2747 S KIHEI RD A205

2747 S KIHEI RD A205
Price: $350,000
Status: ACTIVE
Building Name: Kihei Shores
Unit: A205
Waterfront: Across Street from Ocean
Beds: 2
Baths: 2
SqFt: 719
Address: 2747 S KIHEI Rd
City: Kihei
State: HI
Zip: 96753

2747 S KIHEI RD E-102

2747 S KIHEI RD E-102
Price: $399,000
Status: PENDING - CONT. TO SHOW
Building Name: Kihei Shores
Unit: E-102
Waterfront: Across Street from Ocean
Beds: 3
Baths: 2
SqFt: 1035
Address: 2747 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

2747 S KIHEI RD H-105

2747 S KIHEI RD H-105
Price: $360,000
Status: ACTIVE
Building Name: Kihei Shores
Unit: H-105
Waterfront: None
Beds: 2
Baths: 2
SqFt: 733
Address: 2747 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

2747 S KIHEI RD J206

2747 S KIHEI RD J206
Price: $349,000
Status: PENDING - CONT. TO SHOW
Building Name: Kihei Shores
Unit: J206
Waterfront: Across Street from Ocean
Beds: 2
Baths: 2
SqFt: 733
Address: 2747 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

2747 S KIHEI RD D-106

2747 S KIHEI RD D-106
Price: $360,000
Status: ACTIVE
Building Name: Kihei Shores
Unit: D-106
Waterfront: None
Beds: 2
Baths: 2
SqFt: 719
Address: 2747 S Kihei Rd
City: Kihei
State: HI
Zip: 96753

See a complete list of Kihei Shores Condos For Sale

Contact South Maui Real Estate Specialist

hoolei.393.view1

Some Ho’olei condos offer majestic views

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)
Anthony@Danosayles.com 
808-280-6532