Earlier this month, the Realtors Association of Maui released their monthly data for February 2017 regarding house prices throughout Maui.
RAM reported an increase in condo sales from month and year before levels with 113 units sold in February–that’s up 16 units from the previous month, and up 9 units from the same time last year.
The median price for a condo in February was $465,000, down $60,000 (-11.4%) from the January median of $525,000, and up from the $431,950 (+7.65%) price tag at the same time last year, according to RAM.
The greatest number of condos sold in February was in Kīhei where 45 condos sold for a median price of $403,900, followed by Nāpili/Kahana/Honokōwai where 19 condos sold for a median of $340,000, according to RAM data.
Taking RAM’s monthly and yearly data into account, below are a few of the newest properties listed on MLS for the week that are priced around RAM’s median condo sales.
* These properties are selected without bias, are listed in random order and were chosen to offer great potential for price, lifestyle, condition, views or some combination of these important elements.
South Maui
Kīhei
1032 S. Kīhei Rd. Kīhei, HI 96753
MLS: 373495
$399,000
Listed by: KW Island Living
This condo was listed on March 27, 2017 at $399,000, the median condo sale price for Kīhei in February was $403,900 and ending in January was $475,000, putting this property well below the median condo sale price for Kīhei.
Maui Sunset A202 is a very nice unit that is priced to sell. Pride of ownership shows as soon as you walk in the door. A202 has never been in a rental program but is turn key if the next owner is looking for a vacation rental. Maui Sunset is a wonderful complex with lush tropical grounds and lots of amenities for all to enjoy. The large pool is heated with a Jacuzzi close by and an activities booth open 7 days a week if needed. There are shuffleboards, a putting green, workout room, sauna and BBQ areas. Maui County tennis courts are between the complex and the ocean. Miles of sandy white beach to explore, humpback whales in the winter and sunsets every night. *windsurfer and kite surfers love the area in front when the wind is up!
Kīhei
0 Kihalani #3907 Kihei HI 96753
MLS # 373479
$402,000
Listed by: KW Island Living (Ka)
This property was listed on March 24, 2017 at $402,000. The median condo price in Kīhei ending the month of February was $403,900 which puts this listing under the median price.
A great opportunity in North Kīhei – brand new, condominium homes. Fully-equipped, with gas range and oven, refrigerator, full-size stacked washer and gas dryer, fiber-optic high-speed internet, private yards and two assigned parking stalls. The 3-bedroom, 2-bath units are approximately 1,022 sq. ft. indoor living area and private yard of approximately 115 sq.ft. Only seven homes of this unit type are available in Kamalani’s first phase. Ask about the pre-model special incentive being offered on select units until June 18, 2017.
Wailea
10 Wailea Ekolu Pl #204
MLS: 373500
$875,000
Listed by: Ron Ross with Maui Luxury Real Estate
This property was listed on March 27, 2017 at $875,000, last months median condo price for Wailea/Makena was $1,687,500, putting this property way below the median price.
Prime front row upstairs 2 bedroom, 2 bathroom unit overlooking the Wailea Blue course plus dramatic ocean views. This unit has been extensively remodeled with all the right improvements. Nicely furnished and has a very good rental history. Walking distance to Shops of Wailea and some of the best beaches on Maui. Unit is heavily booked so need at least 24 hours notice to show.
West Maui
Kā‘anapali
MLS # 373434
$875,000
Listed by: RAYMOND S.F. CHIN, MBA, REALTOR BROKER – Hawai‘i Life Real Estate Brokers, Kapalua
Exclusive affiliate of CHRISTIES INTERNATIONAL REAL ESTATE
VINTAGE 42, located at 142 Kualapa Place in the exclusively gated community known as The Vintage was listed on March 20, 2017 for $875,000, fee simple. The median condo price in Kā‘anapali ending the month of February was $923,000 putting this listing under the median price.
Vintage 142 is a free-standing single-level residential condominium home that offers 3 bedrooms & 2.5 bathrooms spread across 1,799 living sq. ft. Complete with a 2-car garage, 142 lives like a home but with the convenience of condo living! Sold Unfurnished. The Vintage of Kā‘anapali is a condominium community consisting of 73 one-story and two-story detached properties. Completed in 2002, the community is located in heart of the Kā‘anapali Golf Resort’s Kai Course and the amenities includes a club house with pool, spa and exercise room. Walks down to Whalers Village, rounds of golf from your backyard and endless sunset views await you at this property. Vintage HOA is $1,080 per month and Kā‘anapali Golf Estates is $175 per month (paid quarterly).
Kapalua
500 Kapalua Dr. Lahaina, HI 96761
MLS: 373477
$789,000
Listed by: Island Sotheby’s Int’l Rlty(L)
This property was listed on March 24, 2017 at $789,000, the YTD median in 2016 for Kapalua was $965,000 putting this condo below the median condo sales price.
This beautifully renovated town-house style floor plan is situated at the top of the Kapalua Golf Villas. Two stories allow for panoramic views of the ocean and outer islands of Molokaʻi and Lānaʻi from both the living room and the bedroom. This is a perfect orientation for Maui’s spectacular sunsets. The end unit location provides windows along the side, which allows for more light and the unique vantage point to see the 11th fairway of the Kapalua Bay Course. A thoughtful renovation with high end finishes creates a luxurious living space and makes for a popular vacation rental. Located in the heart of the Kapalua Resort, the Golf Villas are close to Spa Montage, restaurants, golf, beaches, tennis and hiking trails.