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Wailea and Makena 2021 Condo Market Recap

As the Wailea/Makena real estate market enters an interesting period for both buyers and sellers, now is a great time to take a deep dive into the numbers. The 1,500 acre master-planned community of Wailea has 14 condominium communities totaling about 1760 units.

Oceanfront Wailea Point condo for sale by the Sayles Team

The first condo completed in Wailea was Wailea Elua Village which completed its first phase in 1976. The two newest established Wailea condo communities are Ho’olei (completed in 2008) and Papali (completed in 2009). The latest Wailea condo development is Keala O Wailea.

The statistics provided are over a three year period from 2017-2019. They include new and resale sales data.

For reference, check out two of our other Wailea condo market analysis from different snapshots in time:

Most Expensive Wailea and Makena Condos

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Waterfall Ho’olei Villa 81-1 for sale by the Sayles Team

Stats were calculated using all available date in the Maui MLS service and calculated on an average basis.

  1. Wailea Beach Villas: $6.05 million
  2. Wailea Point: $5.15 million
  3. Ho’olei: $3.47 million
  4. Makena Surf: $3.43 million
  5. Polo Beach Club: $3.6 million

*Excludes complexes with less than 5 sales: Makena Golf & Beach Club (2), Andaz Residences (1), Papali Wailea (4)*

Best Value Wailea and Makena Condos

Renovated Grand Champions villa sold by the Sayles Team

Stats were calculated using all available date in the Maui MLS service and calculated on an average price/sqft basis.

  1. Kanani Wailea: $658/sqft
  2. Grand Champions: $825/sqft
  3. Palms at Wailea: $863/sqft
  4. Wailea Fairway Villas: $866/sqft
  5. Kai Malu: $898/sqft

Most In Demand Wailea and Makena Condos

Epic views from Keala O Wailea
  1. Polo Beach Club: 72 days
  2. Wailea Ekolu: 74 days
  3. Wailea Fairway Villas: 76 days
  4. Kai Malu: 80 days
  5. Ho’olei: 83 days

*Excludes complexes with less than 5 sales: Papali Wailea (4)*

Highest Number of Wailea and Makena Condos Sold

Wailea Ekahi 18D sold by the Sayles Team
  1. Grand Champions: 29
  2. Wailea Ekahi: 27
  3. Wailea Fairway Villas: 26
  4. Kai Malu: 21
  5. Wailea Point: 17

*Excludes new developer offerings: Makalii at Wailea (71)*

Wailea and Makena Condos With the Most Sales Volume

The coveted Wailea Beach Villas
  1. Wailea Point: $87.5 million
  2. Wailea Beach Villas: $78.7 million
  3. Ho’olei: $45.1 million
  4. Kai Malu: $34 million
  5. Wailea Ekahi: $31.8 million

*Excludes new developer offerings: Makalii at Wailea ($133 million)*

Wailea and Makena Condos For Sale

10 WAILEA EKOLU PL 1601

10 WAILEA EKOLU PL 1601
Price: $1,399,000
Beds: 2
Baths Total: 2
Sqft: 1071
Acres: 18.45
City: Kihei
State: HI
Zip: 96753

3200 WAILEA ALANUI DR 1902

3200 WAILEA ALANUI DR 1902
Price: $1,375,000
Beds: 2
Baths Total: 2
Sqft: 1194
Acres: 16.73
City: Kihei
State: HI
Zip: 96753

4000 WAILEA ALANUI DR 904

4000 WAILEA ALANUI DR 904
Price: $6,500,000
Beds: 3
Baths Total: 3
Sqft: 2394
Acres: 28.11
City: Kihei
State: HI
Zip: 96753

129 POAILANI PL 23

129 POAILANI PL 23
Price: $1,899,000
Beds: 3
Baths Total: 2.5
Sqft: 1984
Acres: 8.4
City: Kihei
State: HI
Zip: 96753

145 KAI LA PL 34A

145 KAI LA PL 34A
Price: $2,175,000
Beds: 3
Baths Total: 2.5
Sqft: 1852
Acres: 25
City: Kihei
State: HI
Zip: 96753

See a complete Wailea and Makena Condos For Sale

Contact South 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 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.

Aloha,

Anthony Sayles R(S)

808-280-6532

Anthony@DanoSayles.com

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