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Wailea condos for sale – market snapshot for April 1

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.

Ho'olei condos for sale 87-4

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.

155 WAILEA IKE PL #138

155 WAILEA IKE PL #138
Price: $1,565,000
Beds: 2
Baths Total: 2
Sqft: 1056
Acres: 12.22
City: Kihei
State: HI
Zip: 96753

3300 WAILEA ALANUI DR #48E

3300 WAILEA ALANUI DR #48E
Price: $1,475,000
Beds: 1
Baths Total: 2
Sqft: 792
Acres: 34.5
City: Kihei
State: HI
Zip: 96753

10 WAILEA EKOLU PL #1603

10 WAILEA EKOLU PL #1603
Price: $1,649,999
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

3950 KALAI WAA ST #E-101

3950 KALAI WAA ST #E-101
Price: $1,435,000
Beds: 2
Baths Total: 2
Sqft: 949
Acres: 12.37
City: Kihei
State: HI
Zip: 96753

3800 WAILEA ALANUI DR #404

3800 WAILEA ALANUI DR #404
Price: $5,888,000
Beds: 2
Baths Total: 2
Sqft: 1978
Acres: 10.74
City: Kihei
State: HI
Zip: 96753

155 WAILEA IKE PL #6

155 WAILEA IKE PL #6
Price: $2,599,000
Beds: 2
Baths Total: 2
Sqft: 1148
Acres: 12.22
City: Kihei
State: HI
Zip: 96753

3300 WAILEA ALANUI DR #33D

3300 WAILEA ALANUI DR #33D
Price: $2,045,000
Beds: 1
Baths Total: 2
Sqft: 885
Acres: 10.39
City: Kihei
State: HI
Zip: 96753

3300 WAILEA ALANUI DR #45C

3300 WAILEA ALANUI DR #45C
Price: $1,619,000
Beds: 1
Baths Total: 1
Sqft: 792
Acres: 10.12
City: Kihei
State: HI
Zip: 96753

43 WAILEA GATEWAY PL #1-201

43 WAILEA GATEWAY PL #1-201
Price: $2,995,000
Beds: 3
Baths Total: 2
Sqft: 1386
Acres: 7.386
City: Kihei
State: HI
Zip: 96753

125 HOLOMOANA WAY #103 (3C)

125 HOLOMOANA WAY #103 (3C)
Price: $3,295,000
Beds: 3
Baths Total: 3
Sqft: 1802
Acres: 9.346
City: Kihei
State: HI
Zip: 96753

4 thoughts on “Wailea condos for sale – market snapshot for April 1

  1. Hi Dano,

    I heard that a Hoolei condo went pending this week, was it a resale or a new unit? What level was it?

    1. 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.

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