Steven Nickens Maui Real Estate Blog: Wailea Maui

Thursday, April 3, 2008

Wailea Maui

Wailea Maui Condos For Sale in Ho’olei Wailea Maui!

Sales at Ho’olei Wailea Maui have been steady. There is 120 units in this new town-homes located in Wailea Maui. There are six units in each building. The Maile unit which is the smallest unit offers 2426 sqft of living space. Each unit offers three bedrooms, three and half bath. Each unit has Wolf and Sub-Zero appliances with there own elevator. There are four Maile units ranging from $2,925,000 to $3,495,000.

The Plumeria units are the next biggest units with over 2600 sqft of living space. Then the Hibiscus units with over 3000 sqft of living space. One of the nice amenities with this resort project is that you can have membership with the Grand Wailea Beach Hotel. With membership you can have full use of the hotel pool and fitness center. You can also have the hotel booking your unit in the rental pool. Ho’olei also has it’s own grand pool and fitness center. For more information on Ho’olei Wailea or other Wailea Maui condos for sale contact Steve for more information.

Steven Nickens R(S) GRI, ABR
The Wailea Group LLC.
3750 Wailea Alanui, suite 5WE
Wailea, Maui, Hawaii
nickens@maui.net
steven@thewaileagroup.com

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Maui Market

RELATED NEWS FROM THE WEB

The median price of existing single-family homes sold on Maui continued to hover around $650,000 in May, after spending most of last year in the $700,000s.
The May median was $650,150, compared with $729,000 in the same month last year, according to the latest statistics from the Realtors Association of Maui.
Sales were higher in May at 96 compared with 87 a year earlier.
The association reported that condominiums in May sold for a median $531,325, down from $600,000 a year earlier. There were 109 condo sales, down from 137 in the same comparable period.
Terry Tolman, the association's chief executive, said the market is a healthy one providing opportunities for both buyers and sellers.
"Expanded inventory and continued low interest rates provide plenty of options for buyers," he said. "Realistic sellers can beat competing properties with better property condition, careful pricing, good marketing and flexible terms. Unrealistic sellers will be left on the bench."
Because Maui's housing market is a small one with relatively few sales, a few high or low sales can have a greater effect on statistics without necessarily indicating a big market swing one way or another.
The Realtors Association of Maui last month also reclassified two large projects in Wailea as condos after previously counting them as single-family homes.
Tolman said the change was made to better categorize new hybrid types of residential projects that have elements of single-family and condo living. As a rule, homes with shared land ownership will be classified by the association as condos when they are on property zoned for resort or apartment use. Such condo property regime projects on land zoned for residential, rural or agriculture use will be included in the single-family home count.
Reach Andrew Gomes at agomes@honoluluadvertiser.com.
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Steven Nickens Maui Real Estate Blog

Thursday, April 3, 2008

Wailea Maui

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