Last 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.
South Maui
Kīhei
811 S Kīhei Rd. Koa Resort 2D, Kīhei, 96753
MLS® #: 373803
Listed By: Bob Hansen RB-17532 of Maui Luxury Real Estate
$339,000
This property was listed on April 19, 2017 at $339,000. 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 under the median price in Kīhei.
Enchanting Koa Resort vacation rentable one bedroom, one bath fully furnished adorable condo. This ground floor gem’s lanai overlooks tropical gardens with paths to the tennis courts, pool, hot tub, shuffle board, putting green and so much more. Less than a block to the beach this amenity rich community offers Hawaiian style living at its best.
Kīhei
2747 S Kīhei Rd., Kīhei Shores J206, Kīhei, 96753
MLS® #: 373808
Listed By: Randolph M. Antonio RS-56487 with KW Island Living
$349,000
This property was listed on April 19, 2017 at $349,000. 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 under the median price in Kīhei.
Welcome to Kihei Shores J206, affordable beach-style living in sunny Kīhei! If sitting on your lanai to watch the sunrise with a cup of your favorite Kona coffee in hand, or catch a sunset with a glass of Merlot, is how you roll, then this condo may be just the right match for you! Be “WOW-ed” by the picturesque ocean, mountain and island views from this top floor (no neighbor above!) 2bd/2ba unit at this desirable complex in South Kīhei. Lucky you this development is literally across the street from some of the best white sand beaches in Maui, along with a beach park for the “keiki” and big shady trees perfect for barbecues and outdoor living year-round! This cozy unit features: upgraded guest bathroom with tiled floors/new vanity/tub surround tiles and Mosaic glass inset, newer stainless steel appliances, en-suite washer/dryer combo, en-suite master bathroom, bar counter, bedrooms are opposite locations from one another offering more privacy, one parking space with guest parking nearby, etc. Complex offers swimming pool, Jacuzzi, barbecue area, SUP/Kayak racks, and 24-hour security are just some of the nice little perks, compare amenities to other condo developments in this price range! Building J offers a favorable location in the back of complex with less car and foot traffic. Bonus: Home Inspection Report already done for you and sold as is! This unit makes a great second home, too, for those seeking easy condo living and proximity to the luxurious resorts/golf/spas/dining & shops of the Wailea resort area, which is just five minute drive away!
Kīhei
2219 S Kīhei Rd – Pacific Shores B-318, Kīhei, 96753
MLS® #: 373806
Listed By: Stacey Sebastian RS-63777 with Hawaii Life
$399,000
This property was listed on April 19, 2017 at $399,000. 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.
Pacific Shores, short term vacation rental located in South Maui, in Kīhei. Great location across from Charlie Young beach, then Kamaole Beach I, II, and III as you head south towards Wailea. Head north of Pacific Shores to Kīhei’s famous Cove Park where you can learn to surf and paddle board then stop by the Triangle across the way and find restaurants, shopping, coffee, bars, and much more. Two bedroom with two bathroom units with single level are an exceptional option for you and your guests. Elevators in the building, one parking stall, and well maintained pool with BBQ’s. Only two buildings in this complex offer a smaller complex feel. Remodeled kitchen and beautifully furnished with future bookings ready to be turned over by the owners who rent through VRBO.
West Maui
Kapalua
500 Kapalua Dr. Kapalua Golf Villas 12 P 5-6, Kapalua, 96761
MLS® #: 373776
Listed by: P. Denise La Costa RB-17578 with La Costa Realty Hawaii LLC
$999,900
This condo was listed on April 17, 2017 at $999,900. The median condo price for Kapalua in February was $1,300,000, putting this listing below February’s median and slightly higher than March’s median of $757,500.
Your beautiful permanent home or your home away from home awaits you in beautiful Kapalua. In Kapalua’s prestigious Gold Program, the unit is remolded with travertine and granite, stainless steel appliances and ready to call home. The Bay Course is just below this unit. Walk to Pineapple Grill and the pro shop. Other restaurants and shops are a short walk to inviting Kapalua Bay. Or a few minutes drive to DT Fleming Beach and The Plantation Golf Course where the PGA begins every January. Upgraded and air conditioned. Currently in the Gold Program with high occupancy. Facing northwest, the glowing skies of sunset will beckon you to the lanai to watch the colors wane from the sky and the stars come out as night falls. If Kapalua is your favorite destination on Maui, this is a condominium home not to be missed. Building 12 is located at the quiet, west end of the complex.
Nāpili/Kahana/Honokōwai
3706 Lower Honoapi‘ilani Rd. The Breakers D-46, Nāpili/Kahana/Honokōwai, 96761
MLS® #: 373785
Listed By: Tara Garcia RS-73317 with Maui Showcase Properties
$285,500
This property was listed on April 17, 2017 at $285,500, fee simple. The median condo price for March in this area was $325,000, putting this listing below the median price.
Location, location, location. This beautiful studio located in Honokōwai is close to the Beach Park, Farmers Market, Local Coffee Shop and other dining and shopping. It has a built in Murphy bed which gives the space a great feeling. Stainless steel appliances, large washer and dryer. Enjoy ocean and Molokaʻi view from your lanai. The 1/2 Olympic size swimming pool is amazing with a waterfall feature, hot tub and lap lanes. It has 3 BBQ Grills and a great area to entertain.