Posted
by Courtney M. Brown
on Thursday, April 11th, 2024 at 11:11am.
WAILEA CONDOMINIUM MARKET UPDATE: Q1 2024
Wailea Resort Condominiums
Wailea Condominiums
Wailea is home to several different condominium resorts, including the Andaz, Grand Champions, Ho'olei, Kai Malu, Kanani Wailea, Keala O Wailea, Palms at Wailea, Wailea Palms, Makalii, Papali, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi, Wailea Ekolu, Wailea Elua, Wailea Fairway Villas, Wailea Point, and Wailea Town Center.
Makena is home to the Makena Golf & Beach Club, Makena Surf, Na Hale O Makena
WAILEA & MAKENA CONDO SALES
Q1 2024
2023
2022
2021
2020
2019
Number of Sales
43
112
130
315
144
140
Volume
$138,202,749
$424,827,928
$359,939,459
$673,905,402
$321,397,970
$268,736,001
Low Sales Price
$999,999
$1,050,000
$650,000
$375,000*
$683,550
$599,000
High Sales Price
$10,000,000
$13,000,000
$12,000,000
$16,000,000
$15,400,000
$10,866,000
Median
$2,690,000
$2,427,050
$1,757,500
$1,550,000
$1,420,000
$1,282,500
Average SP
$3,214,017
$3,793,107
$2,768,765
$2,139,382
$2,231,930
$1,919,543
Average SP/Sq. Ft.
$1,840
$1,851
$1,719
$1,269
$1,176
$1,119
Average DOM
453
463
92
350
347
211
Average SP/LP
99%
99%
99%
99%
97%
97%
How does the market through the first quarter of 2024 stack up for each community as compared with prior years?
Makalii is a new development that launched in 2020 with presales beginning years prior. As such, days on market include build time and developer sales sell at 100% of asking
If you are thinking of buying or selling in Wailea or Makena, please contact Courtney M. Brown for more detailed information on the market at each of these Wailea and Makena communities
Turnkey! Fully Furnished, Available With 7 Seat Car, Available For 1 Time Or Annual 6 Month Reoccurring Lease, All Utilities Included (up To $150/month Electricity). Experience The Ultimate Island Lifestyle In This Stunning 3-bedroom, 2.5-bathroom Turnkey ...
Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value. Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
Courtney M. Brown, R(S) & Team Vice President Island Sotheby's International Realty