Our newest listing to market, Kihei Villages 39-201 is a nicely laid out Kihei Villages unit with 2 bedrooms, 1.5 bathrooms, and 750 sqft of interior living. As a 2nd floor unit, there is an additional outdoor space off of the living room that acts as an extension of the main living area. There are palm trees as tall as the 2nd floor so they provide a layer of privacy to enjoy the seclusion of the lanai. The unit has been upgraded with wood floors so maintenance of the unit is a breeze and adds a warm feel.
The units here cannot be rented out as a short term vacation rental, so the residents here are more long term. The unit here is located on the edge of the community where it enjoys easy entry and exit. 1 assigned parking stall comes with the unit and is a convenient feature to have. Maintenance fees for the unit are a modest $344/month.
Listed at $320,000
This cozy condo offers a new arctic AC, pergo floors, remodeled bathrooms and ideal location in the community. The park, beach and Sugar Beach Bakery are just a short stroll away. Mature Arica palms shade the lanai and bedrooms making this condo the perfect retreat after a day in the sun.
Kihei Villages Market Update 2017
In 2017, a staggering 55 units were sold for a total sales volume of $15,282,341. Kihei Villages is a popular market for buyers because of their low prices, proximity to the beach, and low monthly maintenance fees. Primarily buyers in the community are purchasing their first home or planning to use it as an investment property. Every month in 2017 saw at least one sale with July and August being the most productive as they represented 28% of all sales. From a value perspective, it doesn’t get much better than Kihei Villages; buyers can expect to pay anywhere from $300-$500/sqft.
Units at Kihei Village experience strong demand; 84% of the units sold within 6 months of coming to market and only 2 units took longer than 1 year to sell. Buyers should expect to write competitive offers because of the strong demand; on average, units sold for 96% of the list price. The $200k price range was by far the most where it represents 69% of the units sold in 2017.
- Number of Kihei Villages sold: 55
- Average sold price: $277,860
- Highest priced unit sold: $365,000
- Lowest priced condo sold: $199,500
Kihei Villages Market Update 2018
So far two units have sold this year for $232,000 and $324,000; a further 5 more units are in escrow.
At this time, the Kihei Villages inventory is worth a projected sales volume of just under $2.5 million. So far 6 units have been listed this year while only 1 listing has been for sale since last year.
The current inventory is representative of the upper end of the market where all 7 of the listings are priced above $300,000.
- Number of Kihei Villages condos for sale: 7
- Average asking price: $343,985
- Highest priced listing: $365,000
- Lowest priced listing: $320,000
Contact a South 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,Erin Haywood Erin@danosayles.com 808-264-8037