Newest Listing at Hale Kanani
Hale Kanani 2-102 first came to market just over a week ago and is currently the lowest priced unit on the market. It is 1 of 5 of current listings listed in the upper $500k price point, so buyers have a wealth of options in this price range. The abundance of Hale Kanani listings in this range will give buyers some leverage to try and negotiate a better priced due to the excess supply.
Offering a clean and neat ground floor layout, this 2 bedroom and 2 bathroom floor plan offerings a versatile use of space for owners. In addition to the 890 sqft of interior space, there is a lanai right off of the living room that opens up to a cute common green area. Updates include: central air conditioning, updated flooring and appliances, interior stacked washer/dryer, and two deeded (tandem) parking.
Listed at $550,000
Hale Kanani Market Update 2018
After a slow start to the year, Hale Kanani picked up at a rapid pace with 5 sales in just 2 weeks. The market did not see any sales for the first 8 weeks of the year until the last day in May. With 5 units sold through the first quarter, the market is experiencing a running sales volume of $2.8 million. If units are priced right, they will see strong demand as 60% of the unit sold within 2 months of being listed. While all units were sold within 5 months of coming to market.
Sales have been evenly dispersed between the $400k, $500k, and $600k price points. The $500k has been the most productive with 3 units sold, while the $400k and $600k range have seen one each. Buyers should also take into account monthly maintenance fees of around $500-$600 when trying to determine their price point.
- Number of Hale Kanani units sold: 5
- Average sold price: $564,400
- Median sold price: $590,000
- Highest priced unit sold: $620,000
- Lowest priced unit sold: $488,000
- Number of units in escrow: 0
With 6 active listings worth just under $3.5 million in inventory. Buyers operating in the upper $500k price point will have the most available options as more than 80% of the listings are concentrated in this price point. Units at Hale Kanani will see a mixed bag in terms of demand as 33% of the listings have been listed for longer than a year. Buyers should expect to pay around $550-$750/sqft.
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: 6
- Average asking price: $582,000
- Median asking price: $570,000
- Highest priced unit: $665,000
- Lowest priced unit: $550,000
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.
Anthony Sayles R(S)