Real Estate Maui Now Hot Condo Picks
This week, the Realtors Association of Maui released their monthly data for March 2017 regarding house and condo prices throughout Maui.
RAM reported an increase in condo sales from month and year before levels with 131 units sold in March–that’s up 18 units from the previous month, and up 27 units from the same time last year.
The median price for a condo in March was $395,000, down $70,000 (-15%) from the February median of $465,000, and down from the $494,000 (-20%) price tag at the same time last year, according to RAM.
The greatest number of condos sold in March was in Kīhei where 42 condos sold for a median price of $357,000, followed by Nāpili/Kahana/Honokōwai where 25 condos sold for a median of $325,000, according to RAM data.
The median condo price for Kīhei dropped $46,900 and sold three less condos in March than in February.
The median condo price for Nāpili/Kahana/Honokōwai dropped $15,000 since February and dropped $185,000 from the same time last year. Six more condos were sold in March compared to February and two more condors were sold from the same time last year.
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.
4435 Lower Honoapi‘ilani Rd 121, Nāpili/Kahana/Honokōwai, 96761
MLS® #: 373698
Listed By: G. Van Fischer RS-74651 from Moffett Properties
This property was listed on April 10, 2017 at $359,500, fee simple. The median condo price for March in this area was $325,000, putting this listing right around the median price.
This condo is located right across the street from the beach. This beautiful 2 bedroom, 1 bathroom home was remodeled in 2008 and features beautiful Mango wood island in kitchen. The counters are granite with travertine tile flooring in the living room and bath and wood flooring in the bedrooms. The home has a true 2nd bedroom and a large covered lanai. A washer and dryer are in the unit and there is a secured storage area for surfboards and such. Pohailani features huge rolling lawn areas and has two pools, a tennis court, as well as a oceanfront BBQ area, picnic tables, and easy access to the beach.
660 Wainee St. F102, Lahaina, 96761
MLS® #: 373549
Listed by: Lee Potts of Aloha Group Maui – KW Island Living
This property was listed on March 31, 2017 at $450,000. The median condo price for Lahaina ending in March was $522,500, putting this listing well below the median price for Lahaina.
You may have seen Aina Nalu, but you haven’t seen this unit at Aina Nalu. The F building, Jacaranda, has only four units instead of the more customary 20 units. There are two bedroom, 2 bathroom units and 2 studio units. That means you are in a quieter location with only one next door neighbor. The F building is located adjacent to Aina Nalu’s beautiful large saline pool. You are close to Aina Nalu’s signature attraction – but not too close (no Marco Polo). Additionally, F102’s ground floor location allows you super easy access. Park right behind your back door and unload toys, luggage and Costco goodies. This 2 bedroom, 2 bathroom condo shows like new with its designer decor including stone tile floors, granite counters, cherry wood cabinets and oversize bathrooms. The layout of the condo gives you and your guests the feeling of two separate suites. Some of its green features include solar power for hot water and common area electric, recycling and a “heart of Lahaina” location where you can walk to restaurants, shopping, the harbor and beach and catch the Maui bus for anywhere else on the island. You don’t even need a car. There are lots of green belts, Zen garden areas and beautiful palms and other tropical foliage creating a relaxing oasis in the heart of this historic whaling village. There are 2 pools including the amazing oversize saline (salt water) pool with a hot tub and pavilion. It is a perfect gathering area for family and friends.
100 Ridge Rd. 1513-15, Kapalua, 96761
MLS® #: 373653
Listed by: Courtney Brown with Island Sotheby’s International Realty
This condo was listed on April 7, 2017 at $1,250,000. The median condo price for Kapalua in February was $1,300,000, putting this listing below February’s median and sligtly higher than March’s median of $757,500.
This spacious two bedroom, three bath Ridge Villa is perfectly perched to take in the panoramic views of the Pacific Ocean and the West Maui Mountains. The dramatic vistas stretching along the Kapalua coastline to Honolua Bay and up toward the Plantation Course. With the Bay Course just across from the entry, this single level villa is located in the heart of the Kapalua Resort. Wonderfully situated to access all of the amenities that the resort has to offer, including beaches, trails, golf, dining, tennis and shopping. Shuttle service and security are included as part of the maintenance fees. An incredible value in Kapalua!
This property was listed on April 7, 2017 at $429,000. The median condo price in this area for the month of March was $357,000, the median price in Kīhei for February was $403,900, putting this condo near the median price in Kīhei.
Beautiful remodeled one bedroom unit at desirable Hale Kamaole across the street from one of the best beaches in S. Kīhei. Custom kitchen has new cherry wood cabinets, large granite island, stainless steel appliances, track lights and is ready to entertain your family and friends. Designer master bedroom with tropical accents and island style bathroom with mural art. This unit is beautifully decorated. Hale Kamaole complex has 2 in ground pools, tennis, BBQ cooking areas and sweeping green lawns to enjoy. A short walk across the street and you are at Kam 3 beach park. Maui sunsets everyday and great swimming.