Honua Kai Prices Are Set to Increase

With the micro-market at Honua Kai setting a scorching-hot pace through the past 18 months, both in terms of sustainable value increases and absorption rate, it came as no surprise that the developer announced prices will increase.

Since the announcement on February 10th that 14 units will be increased in priced effective February 28th, 9 of those subject units have already gone under contract. For those who have speculated that prices would dip reflective of a weaken Canadian dollar or that the absorption rate was unstainable, that has proven NOT to be the case. From anecdotal experience, we have been seeing well-priced units going into escrow quickly and the list-to-sold ratio continues to be among the strongest of any micro-market in West Maui.

For those considering making a purchase a Honua Kai condo for sale, contact us by filling out this form (click here). With in-depth experience in the project, we are well-positioned to represent our clients dutifully.