April Maui Kamaole Listings
Brought to market in the middle of April, Maui Kamole D110 is one of the most incredible remodels in the community where its layout offers one continuous flow of open living space and its 1000+ sqft floor plan lives a lot larger than the square footage says. There are only a handful of units like this in the community that are able to seamlessly blend the 248 sqft lanai with the living room. This unit can be rented out on a short term basis which is an attractive prospect to many buyers.
Listed at $724,900
Listed a few days after than the listing above, Maui Kamaole D203 is an upper floor unit with the added bonus of a lofted space over the kitchen that can function as a 2nd living area, 2nd bedroom, office, or whatever you wish. The kitchen was remodeled to offer an open space with the counter top serving dual purposes as a bar/ eat in space, and kitchen prep area. Remodeled just this year, the unit feels brand new with upgraded appliances and a modern backsplash that plays nicely off the new cabinets. Total specs include 2 bedrooms, 2 bathrooms, 1214 sqft, and an outdoor lanai space.
Listed at $825,000
The newest listing to market, Maui Kamaole J104 was remodeled just this year with not one but two lanais. The 1st lanai is just off of the living room and provides a neat space for overflow entertainment or a 2nd living area; while the 2nd lanai, is extremely private with 6 foot walls and a mini garden area. The square footage of the two lanais are completely useable and bring total living space up to over 1000 sqft. Offering 1 bedroom, 2 bathrooms, and 849 of interior living space, the unit is spacious enough to accommodate sizable vacationing parties.
Listed at $579,500
1st Quarter Maui Kamaole Market Update 2018
The Maui Kamaole market has gotten off to a solid start in 2018 with just under $3.4 million in running sales volume; compared to the 1st quarter of 2017, the 1st quarter of 2018 has seen more than double in sales volume and completed 2 more transactions. The first few months of the year are not indicative of what year the could look like because most of the closings early in the year are still riding the previous year’s success as properties can enter escrow in the previous year, but not close until the next year. It’s not atypical for a market like Maui Kamaole where it’s reliant on seasonal visitors to heat up during the summer and rack up 2-3 closings per month to finish out the year.
The 5 sales this year have been across the spectrum of units available at Maui Kamaole; however, the $500k range has been the most dominant with 3 sales, while the $700k and $900k range round out the 1st quarter with 1 sale each. All 5 sales needed less than 6 months on the market to find a buyer where January and February saw 2 sales each and March closed out with 1 sale. As far as prices/sqft, buyers in 2018 paid around $588 to $700/sqft.
- Number of Maui Kamaole condos sold: 5
- Average sold price: $678,300
- Highest priced listing sold: $900,000
- Lowest priced unit sold: $555,000
- Number of units in escrow: 2
The Maui Kamaole market certainly favors buyers with more than $8.5 million of inventory and 13 different units to choose from. With a median list price of $634,000, buyers have access to a wide array of the units available at Maui Kamaole; although, buyers in the lower part of the market have the most choices. There are 5 listings in the $500k range and 4 units in the $600k range, or in other words, more than 60% of the lists are in the mid to lower price points. On the upper end, there 2 listing each in the $700k and $800k range.
2 units stand out as ripe for offers as they have been on the market for longer than 1 year, while only 2 listings have come to market in the last 3 months. Even though there may be plenty of inventory at this time, we still urge buyers to move quickly in order to avoid the summer rush of buyers.
If at this time you still do not see a property that you like, you can stay up to date with our Maui Kamaole new email listing alert.
- Number of Maui Kamaole condos for sale: 13
- Average asking price: $660,184
- Highest priced listing: $899,000
- Lowest priced unit for sale: $519,000
Contact a Maui Real Estate and Lifestyle Specialist
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,Anthony Sayles R(S) 808-280-6532 Anthony@DanoSayles.com