June 8th, 2008
Yes, it is finally done. The drive from Kahului to Kihei is now two lanes in each direction and the intersection with the Piilani Highway is now much simpler. The trip has been shortened by 5-7 minutes and backups should now be rare. But we spent $87 million for six miles of road?
June 3rd, 2008
We are pleased to announce the listing of Wailea Ekolu unit 1603. This en-suite, two-bedroom, 1071 square foot unit has been thoroughly remodeled and has a spectacular kitchen.
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June 2nd, 2008
In May, ten condominiums were sold in the Wailea-Makena Maui real estate market compared to twelve a year ago. Of those units, six were in oceanfront complexes and four were in mauka complexes. The median sale price of $1.423 million was lower than April but still higher than 2007 averages. The per square foot average, a better indicator, of $1077 also down compared to April and 5% lower than 2007 results. For Wailea oceanfront complexes, the median sale price of $1.438 million per square foot average of $1288 were both down considerably from 2007 averages. The mauka, or non-oceanfront, complexes had a median sale price of $1 million and a per square foot average of only $762, again down from 2007 averages. With over 180 condominiums listed for sale, the Wailea condominium market remains sluggish.
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