We are often asked how different subdivisions in Wailea are faring, internally and comparative to the overall market. Today we will discuss Wailea Pualani. As location within the subdivision is critical in assessing value, let's start by taking a look at a map of Wailea Pualani, which details the price per square foot for homes actively on the market, in escrow, and recent sales:
Currently there are 11 homes on the market (out of a subdivision consisting of 92 homesites). The average listing price is $2.173M and price per square foot is $659.79. As can be expected, homesites that are 'fronting' the highway (lots 29-32 and 70-75) will have the lowest prices, as is the case with 388 Pualona Nani.
One property in escrow, with…