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The Maui Real Estate Blog

Second Hoolei condo sale over $3 Million in 2012

Every year the news gets better for Ho’olei! Back in 2011 we announced the first $3M sale in over 2 years and now this week were’re celebrating another significant milestone for Ho’olei condos – two sales over $3 Million in 8 months!

This is a great indicator showing increased demand for our high-end top row Villas at Ho’olei and a great sign for the luxury Wailea condo market. Read below for our recap of 2012 sales activity at Ho’olei…

Latest Ho’olei condo sale

hoolei 75-1 lanai

Ho’olei Villa 75-1 (aka C1) sold on 12/10/2012 for $3,025,000 after 245 days on market! This is a North-facing Hibiscus floor plan located on the top row in the extremely popular “C” building where we had our record sale in 2011.

11 Ho’olei sales in 2012

The sale of 75-1 brings the total number of sales at Ho’olei up to 11 for this year and the average sales price up to $2,491,364. Below is a table showing all the sales in 2012…

Sale DateVillaTypeRowSold PricePrice/Liv-SF
1/9/1255-4Plumeria2$2,200,000 $840.02
4/4/1223-5Maile3$2,325,000 $958.37
4/4/1252-6Hibiacus4$3,025,000 $983.42
5/2/1275-5Maile4$2,625,000 $1,082.03
6/29/1223-3Plumeria3$2,375,000 $906.83
9/14/1287-5Maile4$2,500,000 $1,030.50
11/9/1212-2Maile1$1,850,000 $762.57
11/15/12112-6Hibiacus4$2,500,000 $812.74
11/20/1231-4Plumeria2$2,450,000 $935.47
11/21/1299-3Plumeria4$2,530,000 $966.02
12/10/1275-1Hibiacus4$3,025,000 $983.42

 

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