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South Maui HI - Condos - Market Update for January 2008 - Maui Hawaii

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

The Palms at Wailea Condos - Vacation Resort on MauiI send out a FREE email newsletter each month, about the South Maui Condo new listings.

This time when I checked the new listings for January, there were about 87, and 10 were already PENDING.  That's a pretty good sign that properties are selling in South Maui. 

This picture is of the Palms at Wailea condo complex, which is a very popular vacation resort destination in sunny Wailea Maui.  Currently there are 18 active and pending listings here, with an average price of $944,277 and starting at $720,000 for 1 and 2 bedroom condos.  This is one of my favorite condo developments on Maui.  The grounds are so beautiful and the units have a nice layout.  The master suites are very luxurious and spacious, and the covered lanais are large.

Here's a synopsis of the South Maui Condo newsletter that went out yesterday.  Let me know if you'd like to be added to the mailing list.  Your information will remain confidential and won't be sold or traded to anyone else. 

South Shore Condo Newsletter  - January 2008  

Well another year has gone by and the market news is good for Maui condos.  Overall condo prices are showing a 4% increase from the previous year, and that's 5% for Kihei alone.  21% more units sold in 2007 compared to 2006.  Good news for condo owners.  NOW is a really good time to be buying a Maui condo.  Here are some new listings from the past month.  As I'm looking through the new listings to feature here, I see that some well priced ones are already Pending.  So for this month I am going to feature these Pending listings to indicate what is selling, and for what price.  If you're thinking of buying now, be sure to contact me for other listings that are still available in addition to these ones.  Don't forget... back up offers DO work.

  1. Studio Vacation,  $175,000.00 - studio unit across from a sandy beach in north Kihei,  pool and tennis - Kihei Bay Surf fixer upper with potential, peek-a-boo oceanview  
  2. Low Price,  $259,900.00 - 2BD/2BA second floor unit in South Kihei complex with pool - close to the beach, but no vacation rentals allowed here at Kihei Shores  
  3. Vacation Condo,  $299,999.00 - garden view 1BD/1BA ground floor unit across from pool - close to shopping and restaurants, short term rentals allowed   
  4.  Big Views,  $344,900.00 - 1BD/1BA unit with a loft, open floor plan with vaulted ceilings - directly across the street from Cove Park, pool and bbq area  
  5. Hidden Gem,  $385,000.00 - recently remodeled 1BD/1BA unit, tile floors, top of the line appliances and designer furnishings - Kihei Kai Nani is centrally located near shops and restaurants  
  6. Great Value,  $410,000.00 - 1BD/2BA ground floor South Kihei unit with new laminate counter tops and new refrigerator - walking distance to great restaurants and shopping, excellent income and occupancy history  
  7. Beachfront Vacation,  $526,900.00 - unobstructed ocean views from this direct oceanfront partially remodeled 1BD/1BA unit  - fantastic roof top with 360-degree views of everything, pool, bbq  
  8. Luana Kai,  $699,000.00 - 3BD/3BA condo in oceanfront complex, fantastic views of ocean and lush gardens - granite counter tops, slate floors, double wide lanai, 2 story unit   
  9. Beautiful Remodel,  $848,000.00 - total re-build includes: Kitchen-Craft cabinets, stainless steel appliances, granite countertops, marble and tile in the baths - tiger wood flooring, custom plaster walls, imported mahogany doors, wood shutters - it's amazing! - 2BD/2BA condo in oceanfront North Kihei complex, ocean and mountain views  
  10. Beachfront Vacation,  $1,250,000.00 - 1BD/1BA all new unit, top of the line appliances, travertine floors, black marble counters - South Kihei location, right on the beach, just steps to the water, pool and spa  

molokini island sunset from the south shore of maui

Georgina M. Hunter R(S)
Paia, HI  96779
(808) 283-0635
Jim Sanders Realty Inc.
PO Box 792050, Paia, HI  96779
(808) 579-8255  FAX: 579-9004


eastmaui.com for your real estate infoLooking for a vacation condo?  Call THE HUNTER... Georgie Hunter, your South Maui Specialist.  "I want to help you reach your Real Estate goals."
 Search all condo and residential listings on my website...   www.eastmaui.com    

Aloha from Maui... Georgie Hunter

Comments(8)

Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE
Great Update Georgina!  It's picked up a bunch here as well. And it's going to be a woohooooo kinda 2008!
Feb 01, 2008 12:33 PM
Chris Frantz
EDU Real Estate Group - Indianapolis, IN

All this information being posted about Hawaii, makes me want to return for a visit.

Feb 01, 2008 12:55 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

I think so! (closed one today!  woo hoo)  Why wouldn't somebody want to buy here?

Have a good weekend!

Feb 01, 2008 01:11 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info
Chris - Come on back, what are you waiting for?
Feb 01, 2008 01:13 PM
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth
Georgina, you have such beautiful properties to list. It must be tough living in paradise, but I know, someone has to do it. Aloha.
Feb 01, 2008 01:28 PM
Enrico Pozzo
Coldwell Banker Bain - Seattle, WA
Seattle Condos, Lofts, Houseboats

It must be a real joy working in such a stunning location.  The prices look reasonable to me.  Some day I would love to search for investment condos in beautful Hawaii.

Enrico Pozzo, Coldwell Banker Bain: Seattle Condos, Lofts, Houseboats and all Seattle Real Estate Listings

Feb 01, 2008 05:08 PM
Benjamin Clark
Homebuyer Representation, Inc. - Salt Lake City, UT
Buyer's Agent - Certified Negotiation Expert
More great photos Georgina. Keep up the good work!
Feb 02, 2008 05:48 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Gary - you're right, it is tough.  Thanks for coming by.

Enrico - the prices are all relative.  If you can afford it, then why not buy? 

Benjamin - Just trying to spread the word.

Thanks for the comments.

Feb 02, 2008 07:12 PM