In the last 2 weeks, the average asking for 2 bedroom condos in Wailea has dropped by more than $32,000 and is now $1,759,325. In addition, there are also fewer 2 bedroom Wailea condos for sale right now with only 60 condos available, compared to 67 condos available in February 2011. Read below for a more detailed analysis of the current Wailea condo market.
Wailea condo activity for the last 2 weeks
Latest Wailea condos listings
Since March 18, 2011 there have been 3 new listings of Grand Champions Wailea for sale and 2 new listings of Ho’olei condos for sale.
Wailea pending sales
A total of 7 Wailea condos went under contract in the last 14 days including a Wailea Point condo for sale listed at $3,700,000. Just today the highest priced Makena Surf condo for sale went pending – the asking price is shown as $3,299,000.
Recent Wailea condo sales
There have been 3 Wailea condo sales since March 18 with 2 recent sales of Wailea Point condos (Unit 3202 sold on 3/31/2011 for $2,325,000 and Unit 2701 sold on 3/21/2011 for $3,550,000) and 1 sale at Kanani Wailea for $820,000.
1 Bedroom Wailea condos for sale
Number of available properties: 19
Average asking price: $861,784
Average living area: 949 square feet
Average price per square foot: $908.87
2 Bedroom Wailea condos for sale
Number of available properties: 60
Average asking price: $1,759,325
Average living area: 1,405 square feet
Average price per square foot: $1,204.73
3 Bedroom Wailea condos for sale
Number of available properties: 54
Average asking price: $2,599,481
Average living area: 2,288 square feet
Average price per square foot: $1,087.28
Overview of Wailea and Makena condo communities
Below is a current list of all the condominiums for sale in Wailea/Makena sorted by building name.
Building name | Active listings | Average Price | Average living area | Average Price per SQFT |
Grand Champions | 6 | $565,317 | 1,077 | $524.58 |
Hoolei | 17 | $2,612,000 | 2,739 | $957.30 |
Kai Malu | 17 | $1,394,529 | 1,816 | $769.45 |
Kanani Wailea | 2 | $984,500 | 2,299 | $427.10 |
Makena Place | 3 | $9,527,667 | 4,973 | $2,169.70 |
Makena Surf | 7 | $2,746,429 | 1,394 | $2,024.27 |
Na Hale O Makena | 5 | $1,633,000 | 2,105 | $774.80 |
Palms at Wailea | 11 | $749,345 | 1,134 | $655.04 |
Papali Wailea | 2 | $2,695,000 | 2,386 | $1,129.51 |
Polo Beach Club | 4 | $2,162,250 | 1,212 | $1,779.73 |
Wailea Beach Villas | 12 | $4,528,083 | 2,292 | $1,901.78 |
Wailea Ekahi | 14 | $1,157,357 | 1,002 | $1,147.30 |
Wailea Ekolu | 8 | $921,713 | 1,336 | $691.40 |
Wailea Elua Village | 6 | $2,247,167 | 1,250 | $1,780.23 |
Wailea Fairway Villas | 6 | $614,167 | 1,052 | $578.19 |
Wailea Palms | 8 | $913,875 | 1,315 | $696.86 |
Wailea Point | 10 | $4,849,500 | 2,240 | $2,107.04 |
Wailea Town Center | 1 | $1,268,000 | 1,910 | $663.87 |
Grand Total | 139 | $2,186,204 | 1,775 | $1,153.72 |
See all the latest Wailea condos for sale
Below are the most recently listed and updated condominiums for sale in Wailea.
Thank you for sharing. Very informative market analysis Dano
Hi Dano,
I heard that a Hoolei condo went pending this week, was it a resale or a new unit? What level was it?
Hi Julie,
Thanks for your question, it was 17-5 that went under contract this week. That was a Third row original developer Villa. The best value for a developer villa is now Villa 99-6 which is on the TOP row and listed for $2,795,000.
Great Analysis Dano. Mahalo!