End of Summer Hale Kanani Market Update 2018

Newest Listing at Hale Kanani

Hale Kanani 2-202

The newest listing to market, Hale Kanani 2-202 is an awesome 2nd floor unit with a stunning ocean view of Cove Beach Park. Remodeled over the years, the sellers spared no expense modernizing the unit and creating the ultimate Kihei condo retreat. Some of the recent upgrades include: an upscale master shower, all new appliances, carpet, blinds and lighting. The outdoor lanai is just off of the main living area and adds a nice complement to the interior of the unit. Complete with 2 bedrooms, 2 bathrooms, and 890 sqft, the unit offers the ideal beach lifestyle.

Sitting just across the street from the Cove Beach Park and just down the Street from Charlie Young Beach, smoe of Kihei’s best beaches are at your finger tips. Complete with 2 parking stalls, the unit is perfectly suited for young families or as an investment property. The large layout is conducive to to entertaining and maximising comfort.

Listed at $675,000

Spring Listings at Hale Kanani

Hale Kanani 1-102

Listed in early March, Hale Kanani 1-102 is a sacious 1st floor 3 bedroom, 2 bathroom, and 929 sqft unit complete with an outdoor lanai that opens up onto a common green area. Taking into account the unit offers 3 bedrooms in attractive price point, the condo could sell fast if the right buyer happens to see it. Built in the mid 2000’s, the unit is not that old considering some of the other Kihei condos in the area were built in the 70’s and 80’s.

Listed at $575,000 

Hale Kanani 1-104

Brought to market on the same day as the unit above, they offer same exact floor plan and are interesting comparisons because they are next door neighbors. The pictures are the same for both listings, but does a give idea of what to expect. These units cannot be rented out on a short term basis which means the rental agreement has to be for at last 6 months.

Listed at $585,000 

Hale Kanani Market Update 2018

After a slow start to the year, Hale Kanani has experience a mixed year, but only trails 2017 sales by 1 unit sold. Just like in 2017, the 2018 sales data indicates that the market has been performing similarly to 2017, but has seen major improvement in the sales prices. On average, 2018 has seen units sell for $100k more than they did last year. The small number of limited offerings helps to drive up prices for buyers who are intent on buying in this particular market.

All unit sold in 2018 were able to find a buyer within 9 months of coming to market. Sales have been evenly dispersed between the $400k, $500k, and $600k price points. Buyers should expect to pay around $500-$600/sqft for a 2 or 3 bedroom unit. Buyers should also take into account monthly maintenance fees of aroun $500-$600.

  • Number of Hale Kanani units sold: 4
  • Average sold price: $538,750
  • Highest priced unit sold: $625,000
  • Lowest priced unit sold: $480,000
  • Number of units in escrow: 0

Hale Kanani Condos For Sale

With only a handful of active listings on the market, buyers are restricted in their buying choices and should be patient if there isn’t a property that catches their eye. Two of the three units currently listed are near perfect substitutes for one another, while the remaining unit is a 2 bedroom. Although there are only 3 units for sale, buyers are able to see the variety of units in Hale Kanani.

The easiest way to stay in the loop is by signing up for new Hale Kanani new listing email alerts. Every time a new unit comes to market, you will get an email. New listing alerts can be set up for any condo across Maui.

  • Number of Hale Kanani units for sale: 3
  • Average asking price: $611,666
  •  Highest priced unit: $675,000
  • Lowest priced unit: $575,000

44 KANANI RD 1-102

44 KANANI RD 1-102
Price: $575,000
Status: ACTIVE
Building Name: Hale Kanani
Unit: 1-102
Waterfront: Across Street from Ocean
Beds: 3
Baths: 2
SqFt: 929
Address: 44 Kanani Rd
City: Kihei
State: HI
Zip: 96753

44 KANANI RD 1-104

44 KANANI RD 1-104
Price: $585,000
Status: ACTIVE
Building Name: Hale Kanani
Unit: 1-104
Waterfront: Across Street from Ocean
Beds: 3
Baths: 2
SqFt: 929
Address: 44 Kanani Rd
City: Kihei
State: HI
Zip: 96753

44 KANANI RD 2-202

44 KANANI RD 2-202
Price: $675,000
Status: ACTIVE
Building Name: Hale Kanani
Unit: 2-202
Waterfront: None
Beds: 2
Baths: 2
SqFt: 890
Address: 44 Kanani Rd
City: Kihei
State: HI
Zip: 96753

See a complete list of Hale Kanani Condos For Sale

Contact South Maui Real Estate 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.

We are also on-site real estate team at the Ho’olei villas, we are open from 9AM-5PM daily, so feel free to stop by anytime. Also, see a full list of Wailea condos for sale and Makena condos for sale.

Aloha,

Anthony Sayles R(S)
Anthony@Danosayles.com 
808-280-6532