Maui Banyan Q102 is an upgraded unit that has not been rented since 2014 after undergoing a high end remodel. The unit has been excellently maintained over the years and lives like new. With a large open floor plan and more than 100 sqft of outdoor living, the unit feels a lot large than the specs suggest. With 2 bedrooms, 2 bathrooms, and 900 sqft of interior space, the unit is an attractive Kihei property or 2nd home.
A huge draw for buyers is the ability to lock off one bedroom, which then leaves owners with the opportunity to rent out either side as a bedroom unit or a hotel room. The kitchen has been expanded to function as a focal point of the unit that flows seamlessly into the living area and then into the outdoor living arrangement. The upgrades include Silestone in the kitchen and bathroom, and porcelain tile throughout.
Listed at $695,000
Through the first 6 months of the year, the Maui Banyan market has produced just under $2.3 million in running sales volume. Units were met with strong demand as 75% of the units were sold within 2 months of coming to market.
- Number of Maui Banyan condos sold: 4
- Average sold price: $572,250
- Highest priced listing: $699,000
- Lowest priced condo for sale: $525,000
With 12 units sold on in 2019, the Maui Banyan market has seen just over $7.2 million in total sales volume. Buyers have been quick to move with only 1 unit needing close to one year to secure a buyer. On the other hand, the remaining 11 units were sold within 6 months of being listed. December has been the most productive month with 3 units sold.
- Number of Maui Banyan condos sold: 12
- Average sold price: $606,000
- Median sold price: $622,500
- Highest priced listing: $720,000
- Lowest priced condo for sale: $450,000
At this time, interested buyers in Maui Banyan have a handful of units to select from. Only one new unit has come to market April, while the remaining units have been listed since February and March
The best way to stay in touch with the market is by subscribing to our Maui Banyan new listing alerts.
- Number of Maui Banyan condos for sale: 5
- Average asking price: $726,000
- Highest priced condo for sale: $795,000
- Lowest priced condo for sale: $689,000
Ho’olei villas, we are also currently the in house “Sayles” team at Ho’olei Grand Wailea
Please interview me to be your trusted Maui Real Estate and Lifestyle Advisor. I was born in South Maui 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.
Anthony Sayles R(S)