Maui Real Estate Listing - Maui Condos
Featured Maui Condo Listings - Katrina's Hot Picks for Maui Condos
Elegant Wailea Beach Villas Condominium
Situated adjacent to Wailea's famous white sand beaches, this elegant 2 bedroom provides outstanding ocean views. Beautifully appointed throughout: Studio Becker cabinetry, African crown moulding, granite countertops to name a few. Wailea Villas boasts world-class amenities including concierge, fitness center, spas. Listing price: $2,695,000
Kihei Beachfront Condo for Sale
This light, bright, airy, fully furnished 1 bedroom beachfront unit is just steps away from ocean and miles of white sand beach. Amenities include gated swimming pool, BBQ area and huge, beautifully manicured green belt area. Listing price: $324,000
The Current Maui Condo Real Estate Market
Overall for the year ending July 2007, condo sales are down on the island, decreasing 16% over the past year. Many people believe this is a healthy correction to the condo market which had seen large, and in some cases, unsubstantiated increases in sale prices up until 2006.
South Maui and West Maui accounted for 74% of the condo units sold in the past 12 months, down 16% from the previous year. The average price also saw a decline, dropping 5% from $786,104 to $747,788.
There are pockets of the condo market that are doing well. Lahaina saw a 10% increase in the number of units sold this past year. The average price also increased, rising from $551,949 to $642,965, a 16% increase.
Kihei, one of the most active condo markets on Maui saw a slight increase in the amount of units sold from 269 to 287 for the year. Average prices dropped though, from $465,654 to $433,546 or a 7% decrease.
The South Maui Luxury condo market located in the Wailea and Makena regions remained strong with 138 units sold, an increase from 127 the previous year. The average price on these units saw a drop from $1,856,535 to $1,522,644, an 18% decrease.
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Katrina Pitman Real Estate
P.O. Box 1733, Makawao, Maui, HI 96768
Phone: (808) 298-6938
Email: Katrina@KatrinaPitmanRealEstate.com
Credits: Photo of Bay in Hana, Maui by Ralph Ward of Ralph Ward Photography: rsw108@gmail.com
© 2007 Katrina Pitman Consulting Services