We closely monitor the market of Wailea condos for sale and wanted to share a recent positive sign of the continuing Maui real estate market recovery: there are now 10 pending sales for Wailea condos listed over $2,000,000.
Wailea Beach Villas PH509 Living Interior
Positive sign for the luxury Wailea condo market
The Wailea real estate market seems to be changing right before our eyes. After 113 Days on the market, Wailea Beach Villas Penthouse 509 (MLS #346227) went pending earlier this morning, bringing the total pending list up to 10 for Wailea condo sales for units listed over two million. There have already been 10 condominium sales in Wailea this year alone over 2 million. We are clearly in the recovery state at this point in time.
Maui condo sales lead the market improvement
In 2010, all property classes on Maui experienced double digit increases in unit sales volume, with condominiums showing the most significant improvement with nearly a 40% increase relative to 2009. Unit sales volume for single family homes on Maui was up nearly 18%, while vacant land sales were up 14% compared to 2009.
Wailea & Makena condos with significant pending sales
Here is a list of the condos in Wailea and Makena that have pending sales over $2,000,000
- Ho’olei – 3 pending sales. Review all Hoolei condos for sale
- Wailea Beach Villas – 2 pending sales. Review all Wailea Beach Villas condos for sale
- Wailea Point – 2 pending sales. Review all Wailea Point condos for sale
- Makena Surf Resort – 2 pending sales. Review all Makena Surf condos for sale
- Polo Beach Club – 1 pending sale. See all Polo Beach club condos for sale
See all the latest Wailea condos for sale
Below are the most recently listed and updated condominiums for sale in Wailea.
3800 WAILEA ALANUI DR #404
3300 WAILEA ALANUI DR #36D
4000 WAILEA ALANUI DR #2502
4000 WAILEA ALANUI DR #1804
4000 WAILEA ALANUI DR #1602
4000 WAILEA ALANUI DR #102
4000 WAILEA ALANUI DR #2004
3300 WAILEA ALANUI DR #43B
3300 WAILEA ALANUI DR #A19
155 WAILEA IKE PL #168
What’s the average asking price for Beach Villas?
Right now there are 11 units active at Wailea Beach Villas and the average asking price is
$4,551,090.
That’s great news Dano. Wailea seems to be one of the quicker recovering markets in the state. Thanks for sharing.
Wailea Beach Villas PH410 is the best deal in the neighborhood right now. PH403 sold earlier this year for $3,550,000. PH410 just had a major price reduction, and is now offered at $3,425,000. I think that will be the next unit to sell in there.
Hey Tony. What is the average asking price per square foot the the Beach Villas?
It’s just about $2000/ sq. ft asking. Please take a moment to read Dano’s recent Wailea condo market report which gives a great overview of the entire Wailea Resort