Not that many bank owned condos for sale on Maui

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

Not that many bank owned condos for sale on Maui

You would think there would be a lot of bank owned/REO condos in a resort area like Maui.  Considering there are thousands of condos, I'm surprised to see there are only a few REOs in our MLS.  There are probably still more coming, but for now this is what's available.

Currently there are only 16 of these bank owned foreclosure condominiums for sale, and 6 of those are under contract, leaving only 10 Active listings.

  • 1 on the island of Molokai
  • 1 in Kaanapali Maui
  • 2 in Wailuku Maui
  • 5 in Napili Maui
  • 7 in Kihei Maui

Beachfront bank owned condos on Maui

Napili, West Maui, Hawaii - bank owned beachfront condos for sale

Check out this Hawaii Life Gallery with the active REO condo listings.

What's on the MLS right now?

  • 16 active and pending listings
  • prices range from $67,900 for a 1BD/1BA leasehold unit to $629,999 for a 2BD/2BA oceanfront unit
  • 6 of them are oceanfront or beachfront
  • Days on Market varies from 2 days to 336 days
  • about half of them allow short term rentals

beachgoers on the shore of West Maui

Search all of Maui for REO and bank owned properties for sale

So what are you waiting for?  This could be you on the beach in front of your Maui vacation condo.  Contact me with your questions about buying a home on Maui...

Georgie Hunter R(S) e-Pro, Hawai'i Life Real Estate Brokers
161 Wailea Ike Place C-103B, Wailea HI 96753
127 Hana Hwy. #G, Paia HI 96779

E-mail or call/text: 808 283-0635

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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Georgie Hunter R(S) 

I'd say that's pretty good news, in terms of the volume but also having a number under contract. Seems like its a trend we have seen here as well. Let hope the downward trend continues for REOs!

Jeff

Mar 22, 2016 01:27 PM #1
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Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Georgie ...

I wouldn't think there would be as beautiful as you say Maui is!

Mar 26, 2016 09:44 AM #2
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Georgie Hunter R(S) 58089

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