With a recent influx of REO's (bank-owned/'foreclosure'), some arguably strong values have come on the market. Below are a few hand-selected options in varying areas and offering significantly different lifestyle values:

Maui Meadows

3210 Akala Drive - An impressive home by any standard, the nearly 4,000 square foot Maui Meadows 6 bedroom / 4 bathroom offers outstanding ocean view corridors and the entertainment space is anchored by the pool and spa. Need more room for guests and/or family? The 2 bedroom / 1 bathroom detached cottage will serve that need beautifully. With a level half acre lot and easy access within Maui Meadows, this is a 'must see' for the purchaser looking for a large home, big views, and privacy. Listed for sale at $1.699M

Being in the midst of high season and anecdotally seeing a significant amount of activity, it can cloud judgment of actual market conditions. In an effort to provide our clients with transparency on micro-market positioning and shifts in one of the most sought-after properties on Maui, we present our Honua Kai Real Estate 2014 Sales Report.

Overview

With an increase of roughly 10% in sales volume, from 2013's $90.3M to 2014's $99.4M, demand is clearly keeping up through the upswing in values. The number of sales decreased slightly, from 76 the previous year to 73 in 2014 - one could argue that the slight decrease is due to less inventory - in 2013, 51 units were listed for sale, compared to 45 in 2014. Furthermore, the Median sales price rose

Micro-markets throughout the Maui real estate MLS can experience different market conditions based on several factors (i.e. competing inventory, availability of financing, available inventory, economic conditions in feeder-markets). And with a keen eye on the Ho'olei micro-market, we are pleased to publish our 2014 Infograph:

Contact

Thinking of purchasing or selling a Hoolei condo for sale? Contact us - our team encompasses leading experts of the Wailea real estate market and we would love to answer any questions.