Resort Report – Mauna Lani Resort Condo Sales For April and May (2012)
Here’s the April and May update for condo sales in the Mauna Lani Resort:
What This Means
It’s interesting to note the similarities and differences between these graphs and the graphs just posted for the Waikoloa Beach Resort. The number of units sold is hanging in a low range in Mauna Lani whereas the same stat in Waikoloa looks stronger. But the median sale price has certainly broken out to a new range, similar to the graph of Waikoloa.
The significantly lower average sale price in Waikoloa probably leads to more activity. As of this writing, there are more listings in the Mauna Lani Resort (46) than in the Waikoloa Beach Resort (39), which is surprising, and may put more upward pressure on prices as we head into the busier summer months.