After 202 Days on the market, Ho’olei 57-4 (MLS #344596) went under contract last Wednesday, March 2nd.
This villa at Ho’olei is currently on of 6 Wailea Condos in escrow over 2 million, showing a high demand for luxury sector of the marketplace. The two previous sales at Ho’olei last week set record highs that have not been seen in the neighborhood for the previous two years.
While taking a stroll along the Wailea Beach boardwalk yesterday afternoon, you can just feel the buzz around town. As of March 2nd 2011, the average hotel occupancy rate in the state of hawaii was 81%, a 2.7% increase from the same week a year ago. Maui’s hotel occupancy rate of 82.9% was 1.7 percentage points higher than it was last year. Room rates averaged in at $187.12 across the state, which is a 3.9% increase compared to the same week in 2010.
The Ho’olei community offers privileged access to the Grand Waiea Resort like no other neighborhood in Wailea. Original developer offerings at Ho’olei include a Kulana Club membership at the Grand Wailea, featuring access to the resorts nine pools, with slides, swings, and river canyons, as well as Hawaii’s largest spa, Spa Grande, with preferred pricing on many rejuvenating healing treatments, infused with local ingredients.
My team’s on-site information office is open daily at Ho’olei from 10:00am-4:00pm. Please feel free to contact me directly at 808.870.4899 to schedule your private showing today.