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Wailea and Makena Condo Market Analysis 2020

Wailea Condo Market Recap 2020

The Wailea condo market exploded in 2020 with strong sales all around producing more than $300 million in sales volume, compared to the $188 million sold in 2019. Minus new developer offerings, resale Wailea condos spent an average of 155 days on market with an average sold price of $1153/sqft.

Short term vacation rental condos in Wailea traded for an average of $1205/sqft., while non vacation rental condos in Wailea sold for an average of $881/sqft.

Total Sales by Transaction

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Wailea Ekahi 50A listed by the Sayles Team at $1,055,000
Complex NameTotal Transactions
Wailea Ekahi18
Palms at Wailea15
Wailea Point14
Makalii at Wailea
(New Dev. Offering)
14
Grand Champions12
Click here to view total sales data

Total Sales by Volume

Ho’olei is the last hotel-zoned property can feature some short term vacation rentals
Complex NameSales Volume
Discovery Makena
(Partial New Dev. Offering)
$76,535,287
Wailea Point$48,840,331
Hoolei$25,180,000
Makalii at Wailea
(Partial New Dev. Offering)
$21,094,000
Wailea Ekahi$20,185,000
Click here to view total sales data

Highest Average Sold Price

Wailea Beach Villas offering beachfront access to Wailea Beach
Complex NameAvg. Sold Price
Discovery Makena$6,377,941
Wailea Beach Villas$3,988,800
Wailea Elua$3,707,500
Wailea Point$3,488,595
Makena Surf$3,344,998
Click here to view total sales data

Lowest Average Sold Price

Grand Champions 151 listed by the Sayles Team
Complex NameAvg. Sold Price
Wailea Fairway Villas$797,000
Palms at Wailea$823,290
Grand Champions$841,879
Wailea Palms$859,800
Wailea Ekolu$955,000
Click here to view total sales data

Least Amount of Average Days on Market

5th floor views from Polo Beach
Complex NameAverage of DOM
Kanani Wailea84
Wailea Ekolu90
Wailea Palms98
Grand Champions98
Polo Beach Club102
Click here to view total sales data

2020 Wailea Condo Sold Data Recap

Complex NameTotal SalesSales VolumeAvg. SPAvg. SP/SQFTAvg. DOM
Wailea Ekahi18View dataView dataView data154
Palms at Wailea15View dataView dataView data175
Wailea Point14View dataView dataView data174
Makalii at Wailea14View dataView dataView data1283
Grand Champions12View dataView dataView data98
Discovery Makena12View dataView dataView data1132
Keala O Wailea9View dataView dataView data155
Wailea Fairway Villas8View dataView dataView data201
Hoolei8View dataView dataView data144
Wailea Ekolu6View dataView dataView data90
Makena Surf5View dataView dataView data190
Wailea Palms5View dataView dataView data98
Kai Malu5View dataView dataView data137
Wailea Beach Villas5View dataView dataView data181
Wailea Elua2View dataView dataView data144
Polo Beach Club2View dataView dataView data102
Kanani Wailea1View dataView dataView data84
Na Hale O Makena1View dataView dataView data107
Papali Wailea1View dataView dataView data609
Grand Total143$306,002,257$2,139,876$1,153347

Contact a Maui Real Estate and Lifestyle Specialist

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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 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

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