I was checking up on my clients condos in Wailea Ekahi today. It's just a bit strange that these luxury properties are almost all vacant. On the other hand it's so nice to travel through Wailea and Makena with no traffic.
Well looking at market reports for Maui, things have slowed down, and it's more of a buyers market. I still am getting showing but it's on properties under $1,000,000. With interest rates so low buyers are taking a second look where they were sitting on the fence.
While the high-end market has slowed down, we are seeing oceanfront condos in Makena going into escrow with a list price over $2,500,000. And recently home in the $5M range went into escrow. So it's a great time to buy real estate on Maui. You can search for luxury homes in Wailea Makena from my webite. If you have any questions about buying real estate on Maui give me a call. Be well and healthy
Steven Nickens RS-54097 GRI ABR
Elite Pacific Properties
Offices in Wailea and Lahaina
Serving all Maui
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