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Wailea, Maui Market Report-Wailea Real Estate Listings

By Steven Nickens

Real Estate Agent with Hawaii Life Real Estate Brokers R(S)54097

August 21, 2010 11:59 AM

Wailea Maui Market Report

Below is a market report for the last three months in Wailea, Maui. These figures represnt Wailea, Maui's ocean front real estate. Wailea Beach Villas, has recently had two amazing closings. The Villa's oceanfront unit A-201, closed at $12,500,000. Did some one say we are in a recession. This is a beautiful ocean front unit, located on Wailea's most pristine beaches. Another unit, penthouse #501, closed at $5,500,000 in Wailea Beach Villas. I love the corner units, with the wrap around lanai's. They offer incredible ocean views.

Wailea Point also just had a closing, just under $10,000,000. So we can see this year, Wailea Maui, has been holding its own as far as value. Wailea was picked as the top 2nd home market in the country. What is the draw about Wailea, Maui. Well, perfect weather, planned community, world class golf courses, and some of the best beaches in the world. So if you have any questions about Wailea, Maui real estate, give me a call. I would love to help you find that perfect home or condo.

CMA Summary Report

Condominium Summary Statistics
	High	Low	Average	Median
LP:	$12,500,000	$425,000	$2,941,157	$2,350,000
SP:	$12,500,000	$415,000	$3,325,729	$1,999,990

Condominium - Pending

Bldg Nm	Unit	Bds	Bths	Year Built	Liv-SF	DOM	LP	$/Liv-SF	SP	$/Liv-SF
Wailea Ekahi III	43C	1	1.00	1976	792	191	$450,000	$568.18
Wailea Ekahi I	16-E	1	1.00	1976	792	65	$750,000	$946.97
Wailea Ekahi I	5-A	1	2.00	1975	885	391	$799,000	$902.82
Polo Beach Club	802	2	2.00	1982	1186	271	$2,495,000	$2,103.71
						Avg	Avg	Avg	Avg	Avg
						229	$1,123,500	$1,130

Condominium - Sold

Bldg Nm	Unit	Bds	Bths	Year Built	Liv-SF	DOM	LP	$/Liv-SF	SP	$/Liv-SF
Wailea Ekahi I	16B	0	1.00	1975	484	188	$425,000	$878.10	$415,000	$857.44
Wailea Ekahi II	51E	1	2.00	1976	952	482	$819,000	$860.29	$737,955	$775.16
Wailea Ekahi I	17 F	1	1.00		792	268	$675,000	$852.27	$758,000	$957.07
Wailea Ekahi I	17A	1	2.00	1975	885	478	$945,000	$1,067.80	$850,000	$960.45
Wailea Ekahi I	30-C	1	1.00	1977	792	559	$999,000	$1,261.36	$950,000	$1,199.49
Wailea Ekahi I	41-C	2	2.00	1976	1172	274	$1,075,000	$917.24	$1,050,000	$895.90
Polo Beach Club	701	2	2.00	1982	1239	177	$2,395,000	$1,933.01	$1,850,000	$1,493.14
Makena Surf	C-105	2	2.00	1990	1618	147	$2,380,000	$1,470.95	$1,999,990	$1,236.09
Wailea Point I II III	2801	2	2.00	1987	1558	480	$2,350,000	$1,508.34	$2,175,000	$1,396.02
Makena Surf	E-301	3	3.00	1984	1640	464	$3,375,000	$2,057.93	$3,375,000	$2,057.93
Wailea Beach Villas	C-201	3	3.50	2005	2879	334	$3,950,000	$1,372.00	$3,725,000	$1,293.85
Wailea Beach Villas	PH-401	3	3.50		2180	0	$4,000,000	$1,834.86	$4,000,000	$1,834.86
Wailea Beach Villas	PH501	3	3.00	2006	2180	0	$5,500,000	$2,522.94	$5,500,000	$2,522.94
Wailea Point I II III	402	2	4.50	1986	3812	0	$9,999,999	$2,623.29	$9,999,999	$2,623.29
Wailea Beach Villas	A-201	3	3.50		2863	0	$12,500,000	$4,366.05	$12,500,000	$4,366.05
						Avg	Avg	Avg	Avg	Avg
						256	$3,425,866	$1,701	$3,325,729	$1,631

Wailea Point Wailea Beach Villas Makena Surf Hoolei Wailea Wailea Elua

With over 45 years on Maui, I have the experience to help you find that perfect home, or condominium. Give me a call, or set up an appointment at our Wailea office. I work with Elite Pacific Properties, #1 in luxury home sales in Hawaii. With Steve, expect nothing less than a seasoned Wailea Realtor, with 23 years selling Maui real estate, working on some of Wailea's finest developments.

Aloha,