We were pleased to to represent our clients on the purchases of their new Kihei short term rental, Pacific Shores B312. Highly rated as a popular vacation destination, this 2-bedroom 2 bath condo bedroom condo is located in the middle Kihei with access to the best it has to offer.
As an elevated third floor unit, it boasts a quaint ocean view with easy access to the sandy shores of the desirable Charley Young and Kamaole One beaches.
We were able to close for an incredible price. We closed for $470,000, close to 25% off of original asking.
Pacific Shores Market Update 2020
Sales at Pacific Shores dropped off since the end of May with 5 units sold before the most recent deal in July pushed running sales volume to just over $2.7 million.
In terms of purchase prices, buyers like Pacific Shores because of the low barrier to entry, convenient Kihei location, and the strong rental demand among visitors. The ability to generate cashflow when the unit is not in use gives owners a ton of flexibility to what they want with their unit. Buyers should expect a price point of $450k-$700k.
For a complete breakdown of Pacific Shores sales history, check out our data set of all sales at Pacific Shores over the lat 10 years.
- Number of Pacific Shores condos sold: 5
- Average sold price: $546,000
- Highest priced listing sold: $615,000
- Lowest priced condo sold: $470,000
At the moment, buyers have 5 active units to choose from in Pacific Shores. In a market where buyers are writing offers on units within days of coming to market, interested parties must stay on top of new listings. The best way to stay up to date is by signing up for our Pacific Shores new listing email alert.
- Number of Pacific Shores condos for sale: 5
- Average asking price: $575,200
- Highest priced condo for sale: $599,000
- Lowest priced condo for sale: $575,000
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.
Anthony Sayles R(S)