Market Trends

Wailea Fairway Villas Market Activity

2017 was another solid year for Wailea Fairway Villas with 11 closed sales, beating 2016 by 1 sale. The total dollar volume shows a much bigger difference though. In 2016, those 10 sales total approximately $6,460,000 versus approximately $9,041,999 in 2017 with only 1 extra sale.

To me, it is a clear demonstration of how much values have improved, and I am proud to say that my ground floor, completely remodeled, two bedroom listing in building E logged in one the highest sold prices in the past 10 years, closing at $740,000, the highest value of a two bedroom unit in 2017.

Last week we closed on an upstairs two bedroom listing in building X, logging the second closed sale in 2018; a three bedroom townhouse, listed by another brokerage firm, closed 3 days prior. In mid-January, another two bedroom unit, listed by another brokerage firm, in building J went under contract. That’s a very strong start for Wailea Fairway Villas.

At the time this blog was written, this is the scenario at Wailea Fairway Villas:

  • 5 two bedroom units listed for sale with asking prices ranging from $630,000 to $735,000
  • 2 three bedroom townhouses listed at $879,000 & $949,000
  • 1 pending sale — a two bedroom unit listed at $747,000

Feel free to contact me if you would like more information on Wailea Fairway Villas and how we accomplished the job of getting our listings sold. Any questions about Maui real estate are also welcome. All data collected from Realtors Association of Maui.

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