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Maui Condos Market Report - Kihei Bay Surf Resort update

By
Real Estate Agent with Hawai'i Life Real Estate Brokers HRE# 58089 - RS

Maui Condos Market Report - Kihei Bay Surf update

In the past year there have been 10 sales of Kihei Bay Surf studio condos in the Maui MLS, ranging from $97,000 - $132,000.

  • average sale price $111,922 
  • median price $110,500  

5 of the 10 recent sales were bank owned properties, and those ones also brought the lowest prices.  2 were short sales.  3 were normal transactions.

The highest priced units were:

  • unit 202 for $132,000
  • unit 119 for $126,000 
  • unit 148 for $125,000  

The 2 best units were nicely upgraded with tiled floors and granite countertops, nice furnishings.  8 of the 10 closings were with cash buyers. 

Kihei Bay Surf resort vacation condos - by the pool


There are only 5 units on the market right now:

  • 2 Active priced at $136,900 and $149,900  
  • 3 units are pending at list prices of $99,500; $110,900; and $115,000.  
  • No bank owned units at this time, but 2 of the pending condos are potential short sales.

 Wailea Maui homes for sale ~ Maui oceanfront MLS search 

KIHEI MAUI HOMES FOR SALE ~ Maui condos for sale

Looking for more info about a Maui condo building?

Call or text me 808 283-0635 ~ EMAIL

Georgina M. Hunter Maui Realtor(S) e-Pro


Aloha from Maui...

 

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Comments(3)

Richard Dolbeare
Inactive - Wailuku, HI
Living the Hawaii Lifestyle

Hi Georgina,

 

I'm returning the new year wishes all the way from Kauai.

 

Aloha & best wishes for a happy and prosperous new year.

 

Richard Dolbeare

Jan 03, 2012 10:01 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Thanks Richard!  Maybe we'll see each other on Caravan one of these days!

Jan 03, 2012 10:03 AM
Chris Canfield
Coldwell Banker Residential Brokerage - Tucson, AZ
Homes for Sale in Oro Valley and Tucson, Arizona

Hi Georgina - I find it amazing that any real estate in the entire state of Hawaii can be purchased at prices like these!  Paradise and bargain pricing don't usually go together!

Jan 03, 2012 02:49 PM