Market Trends

2022 Wailea Makena Home and Condo Market Report.

Wailea Makena Condos Sold in 2022 Up to July 1st

Makawao Rodeo

4th of July Rodeo

So we have arrived, it’s officially summer, 4th of July weekend has passed. The 4th of July Rodeo was a hit as usual. Costco sold large amounts of fireworks, and there was perfect weather at the beaches. Maui visitors have been arriving in record numbers, hotels are booked, and the economy is looking positive in general even with high gas prices and inflation nationally.

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How is the Maui Real Estate Market Going?

While home and condo sales are down over last year, the Maui real estate market is still strong. With the stock market taking a serious hit, real estate on Maui is still a solid investment. Rentals on Maui are strong in residential and vacation rentals. The nightly rate of luxury hotels is running between $1,500 to $2,000 night. So the world has its eye on Maui as a destination vacation spot, and those looking for a lifestyle change on Maui is very attractive. The positive signs of a strong Maui market is supply and demand for rentals and vacation rentals are doing extremely well. These are all good signs for Maui.

Wailea Makena Condos

Wailea Makena Condos

Below is activity for condos sold in 2022 from January to July 1st. The low in the Wailea Makena condo market is $850,000 for a one bedroom condo in Grand Champions. The highest price sale for a condo in Wailea Makena was at the Wailea Beach Villas unit D-101, 3 bedroom villa unit sold for $12,000,000. You might be thinking about buying or selling on Maui. I think what you have to look at is pricing. We are seeing a lot more price reductions so being aware of current market trends is very important.

Beds Price Status Building Name Unit Days On Market Monthly Maint Fee MLS # Baths List Price Liv A SF
1 $850,000 SOLD Grand Champions 63 63 $696.00 395425 2 $925,000 908
2 $950,000 SOLD Wailea Fairway Villas V102 88 $756.00 394987 2 $1,100,000 949
2 $985,000 SOLD Palms at Wailea I 606 50 $1.00 394639 2 $985,000 1,194
1 $1,030,000 SOLD Wailea Ekahi II 25C 143 $1,167.53 393500 1 $1,095,000 792
1 $1,105,000 SOLD Wailea Ekolu 207 29 $747.00 394612 2 $988,000 866
1 $1,116,500 SOLD Wailea Ekahi III 52D 121 $1,167.53 394758 1 $1,095,000 792
2 $1,149,000 SOLD Wailea Fairway Villas B202 50 $756.00 395482 2 $1,149,000 949
2 $1,150,000 SOLD Wailea Fairway Villas K101 24 $756.00 395235 2 $999,000 949
2 $1,175,001 SOLD Wailea Fairway Villas B102 20 $756.00 395392 2 $1,200,000 949
1 $1,192,250 SOLD Wailea Ekahi I 37C 157 $1,305.00 393256 2 $1,199,999 885
1 $1,204,000 SOLD Palms at Wailea I 307 65 $900.00 394475 2 $1,199,000 1,022
2 $1,295,000 SOLD Palms at Wailea I 502 82 $999.69 394540 2 $1,295,000 1,194
3 $1,300,000 SOLD Grand Champions 83 79 $1,106.00 395409 2 $1,300,000 1,383
2 $1,300,000 SOLD Palms at Wailea I 2104 103 $1,022.23 394920 2 $1,300,000 1,299
2 $1,315,000 SOLD Wailea Fairway Villas W202 92 $792.00 394332 2 $1,285,000 949
2 $1,320,000 SOLD Palms at Wailea I 2205 29 $1,118.14 394259 2 $1,295,000 1,194
2 $1,320,000 SOLD Grand Champions 6 63 $893.00 395310 2 $1,350,000 1,148
1 $1,345,000 SOLD Wailea Ekahi I 25A 27 $1,459.00 394789 1.5 $1,295,000 991
1 $1,350,000 SOLD Palms at Wailea I 701 69 $888.97 395889 2 $1,350,000 1,022
2 $1,380,000 SOLD Grand Champions 173 49 $769.00 394696 2 $1,350,000 1,056
2 $1,400,000 SOLD Palms at Wailea I 703 68 $1,118.14 394593 2 $1,425,000 1,194
1 $1,400,000 SOLD Wailea Ekahi III 46A 29 $1,558.39 395747 2 $1,400,000 885
1 $1,400,000 SOLD Palms at Wailea I 1906 42 $888.97 395016 2 $1,470,000 1,022
2 $1,445,000 SOLD Keala O Wailea 102 (71) 180 $1,080.86 392548 2 $1,499,000 1,248
2 $1,450,000 SOLD Palms at Wailea I 1904 72 $999.69 393788 2 $1,395,000 1,194
2 $1,475,000 SOLD Palms at Wailea I 601 32 $1,071.43 395048 2 $1,495,000 1,242
2 $1,475,000 SOLD Palms at Wailea I 1405 95 $1,118.14 394941 2 $1,475,000 1,194
3 $1,495,000 SOLD Wailea Fairway Villas U103 53 $1,268.00 394125 3 $1,495,000 1,568
2 $1,495,000 SOLD Palms at Wailea I 2303 46 $1,071.15 394425 2 $1,550,000 1,242
1 $1,525,000 SOLD Wailea Ekahi II 20G 63 $1,674.54 394852 2 $1,525,000 952
1 $1,527,500 SOLD Wailea Ekahi III 21A 200 $1,305.00 392394 2 $1,650,000 885
2 $1,575,000 SOLD Palms at Wailea I 1306 70 $999.69 394723 2 $1,625,000 1,194
1 $1,575,000 SOLD Wailea Ekahi I 46B 61 $1,402.00 395276 2 $1,575,000 952
2 $1,575,000 SOLD Palms at Wailea I 1508 163 $972.00 395296 2 $1,600,000 1,194
2 $1,650,000 SOLD Wailea Palms 2406 72 $909.00 394404 2 $1,675,000 1,194
3 $1,680,000 SOLD Kanani Wailea 20 65 $1,365.46 395051 2.5 $1,680,000 2,229
1 $1,700,000 SOLD Wailea Ekolu 1204 61 $747.00 395067 2 $1,395,000 866
1 $1,725,000 SOLD Wailea Ekahi I 2E 91 $1,374.29 394152 2 $1,670,000 952
2 $1,795,000 SOLD Wailea Ekolu 102 48 $922.00 394959 2 $1,794,888 1,071
1 $1,800,000 SOLD Wailea Ekahi II 33B 16 $1,674.54 395345 2 $1,785,000 952
2 $1,810,000 SOLD Wailea Palms 3308 44 $981.81 395095 2 $1,695,000 1,299
2 $1,820,000 SOLD Wailea Ekolu 1509 141 $804.00 393127 2 $1,745,000 1,071
1 $1,900,000 SOLD Wailea Ekahi II 33D 61 $1,558.39 395128 2 $1,785,000 885
2 $1,910,000 SOLD Wailea Ekolu 1106 85 $922.00 394711 2 $1,850,000 1,070
1 $1,950,000 SOLD Wailea Ekahi II 32D 67 $1,558.39 394913 2 $1,950,000 885
2 $2,100,000 SOLD Wailea Ekolu 1508 50 $922.00 395678 2 $2,145,000 1,071
3 $2,200,000 SOLD Kanani Wailea 31 30 $1,544.68 394409 4 $2,185,000 2,129
3 $2,200,000 SOLD Kai Malu 55B 81 $1,060.42 393762 2.5 $2,200,000 1,796
2 $2,295,000 SOLD Wailea Ekolu 1510 31 $922.00 395344 2 $2,295,000 1,071
3 $2,450,000 SOLD Kai Malu 30B 47 $1,325.06 395564 2.5 $2,400,000 1,852
2 $2,550,000 SOLD Wailea Palms 3106 91 $1,333.68 395167 3 $2,500,000 1,699
3 $2,615,000 SOLD Kai Malu 52B 55 $1,352.90 396151 2.5 $2,615,000 1,852
3 $2,725,000 SOLD Keala O Wailea 201 (54) 18 $1,200.20 394814 2 $2,398,000 1,386
3 $2,727,000 SOLD Keala O Wailea 1-204 0 $1,200.20 395591 2 $2,727,000 1,386
3 $2,990,000 SOLD Makalii at Wailea 102 27 $1,405.00 395897 3 $2,990,000 1,802
2 $3,250,000 SOLD Na Hale O Makena F-302 208 $2,429.99 392631 2.5 $3,495,000 2,745
2 $3,300,000 SOLD Wailea Point I II III 1904 57 $2,676.64 394344 2 $3,200,000 1,822
3 $3,300,000 SOLD Makalii at Wailea 104 21 $1,227.08 394955 3 $3,300,000 1,574
4 $3,550,000 SOLD Na Hale O Makena E301 121 $2,430.00 393233 3.5 $3,750,000 2,773
2 $3,800,000 SOLD Makena Surf F305 133 $1,345.00 394551 2 $4,200,000 1,038
2 $3,999,808 SOLD Polo Beach Club 808 77 $1,750.00 394694 2 $4,075,000 1,186
2 $4,000,000 SOLD Na Hale O Makena C402 123 $2,927.36 394738 2.5 $4,000,000 2,745
2 $4,200,000 SOLD Makena Surf E205 133 $1,598.48 393066 2 $4,350,000 1,313
2 $4,450,000 SOLD Wailea Point I II III 2903 128 $2,676.64 394502 2 $4,950,000 1,558
3 $5,000,000 SOLD Hoolei O2 20 $1,667.26 395461 3.5 $4,850,000 2,426
2 $5,200,000 SOLD Makena Surf B208 105 $1,728.70 394363 2 $5,250,000 1,414
3 $5,300,000 SOLD Wailea Beach Villas I-203 35 $2,895.00 394584 3 $4,950,000 1,961
3 $5,300,000 SOLD Hoolei 39-2 59 $1,667.26 394753 3.5 $4,950,000 2,426
2 $5,300,000 SOLD Makena Surf E103 71 $1,973.68 395270 2 $5,650,000 1,510
3 $6,200,000 SOLD Hoolei D1 120 $2,045.00 394843 3.5 $6,300,000 3,076
3 $6,500,000 SOLD Wailea Point I II III 2503 125 $4,103.08 394171 3 $6,500,000 2,959
3 $6,785,000 SOLD Wailea Point I II III 3102 48 $3,941.51 395432 5 $6,785,000 2,419
3 $7,800,000 SOLD Wailea Beach Villas 308 58 $5,050.00 394989 3 $7,800,000 2,893
5 $11,256,000 SOLD Makena Golf & Beach Club 103 161 $5,541.00 396085 5.5 $11,256,000 4,430
3 $11,900,000 SOLD Andaz Residences E4 132 $5,800.00 394271 4 $11,900,000 2,814
3 $12,000,000 SOLD Wailea Beach Villas D101 127 $4,729.00 394059 3.5 $12,500,000 2,889

 

Wailea Beach Villas

Wailea Beach Villas

Wailea Makena Homes Sold in 2022

MLS # L Price Address Bds Bths Liv-SF Days On MLS Sold Price Status Date Subdivision
392840 $2,185,000 3076 Manu Hope Pl 4 3.5 2,526 145 $2,190,000 1/24/22 Wailea Kai
394922 $2,200,000 75 Hale Alii Pl 3 2 2,685 0 $2,200,000 2/28/22
395018 $2,175,000 8 Manu Ihu Pl 3 4 2,562 51 $2,270,000 4/27/22 Wailea Kai
394717 $2,250,000 3360 W LANI IKENA Way 3 3 1,851 22 $2,350,000 3/4/22 Wailea Pualani
394312 $2,495,000 69 Pukolu Way 4 2.5 2,412 72 $2,412,000 3/26/22 Wailea Kai
396005 $2,500,000 165 Heleuma Pl 3 3 1,782 0 $2,500,000 6/3/22 Wailea Kialoa
394863 $2,325,000 210 E Panana Pl 4 3 3,465 54 $2,505,000 4/19/22 Wailea Kialoa
391776 $2,650,000 374 Kualono Pl 5 3.5 2,795 301 $2,700,000 4/4/22 Wailea Pualani Estates
391955 $2,988,000 4354 Wailina St 4 3.5 4,011 224 $2,800,000 1/26/22 Wailea Golf Vistas
395175 $3,292,500 163 W IKEA KAI Pl 3 2.5 2,120 0 $3,292,500 3/22/22
392669 $3,395,000 4370 E Waiola Loop 3 2.5 3,607 149 $3,295,000 1/12/22 Wailea Golf Vistas
394143 $3,400,000 4341 Wailina St 3 3.5 2,963 31 $3,500,000 1/26/22 Wailea Golf Vista
395084 $3,550,000 3176 S NOHO LOIHI Way 4 3.5 3,610 1 $3,550,000 3/14/22 WAILEA PUALANI
394432 $3,699,000 4351 Wailina St 3 3.5 2,739 131 $3,695,000 6/1/22 Wailea Golf Vistas
394095 $4,599,000 307 Pualoa Nani Pl 3 3.5 3,197 106 $4,599,000 5/31/22 Wailea Pualani Estates
394459 $6,500,000 4337 W Waiola St 3 4 4,331 99 $6,525,000 5/2/22 Wailea Golf Vistas
394114 $8,995,000 4340 Melianani Pl 4 7 8,657 188 $8,750,000 6/28/22 Wailea Highlands
394307 $12,875,000 4950 Makena Rd 4 4.5 4,304 0 $12,875,000 1/10/22
395323 $16,995,000 4406 Makena Rd 5 3 3,661 68 $16,013,250 6/8/22
394244 $16,200,000 26 Ualei Pl 5 5.5 4,383 48 $16,200,000 2/22/22 One Palauea Bay
395426 $18,000,000 4950 Makena Pl 4 4.5 4,000 0 $17,200,000 4/11/22 Makena Place
394728 $19,900,000 37 Ualei Pl 6 7 6,860 47 $18,500,000 3/30/22 One Palauea Bay
394062 $25,950,000 5022 Makena Rd 5 5.5 4,350 158 $24,500,000 5/24/22
394100 $29,500,000 7505 Makena Rd 8 8 10,464 133 $26,490,700 5/2/22

Wailea Resort is known around the world for luxury hotels and prestigious properties. As you enter Wailea, there are luxurious hotels such as the Four Season Resort, and The Grand Wailea Hotel and Spa. As you enter Wailea Resort, you notice right away the exquisite landscaping as you drive down to The Shops at Wailea.

Makena Maui

Makena Maui

Wailea offers contemporary Hawaiian design homes and condos that are impeccable in design and quality of construction. Many of the Wailea homes and condos offer excellent ocean views and vibrant Hawaiian sunsets. You also have three world-class golf courses to choose from, not to mention breathtaking beaches in Wailea, and Makena Maui. This is why Wailea Makena will always be  a great investment. Visitors and owners alike love the lifestyle, perfect climate, and beaches of Wailea Makena have to offer. Wailea Resort is a special place, with endless beauty, the most sought after resort community in Hawaii, also named by Conde’Nast Traveler as one the best island destination in the world.

Wailea Ekahi

Wailea Ekahi

Thinking About Buying a Home in Wailea Maui?

There are many things to consider when you’re thinking about buying a home. I would love to get together with you for a cup of coffee at our  Hawaii Life office in The Shops at Wailea to discuss questions you may have pertaining to real estate in todays market in Wailea Makena, or else where on Maui. You can search for homes and condos in Wailea that are currently on the market from my website.

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Wailea Maui

Wailea Maui

If you’re thinking about selling your island home or condo, I work with Hawaii Life Real Estate Brokers, I would like to discuss the benefits with working with Hawaii’s #1 luxury real estate firm. Hawaii Life has over 3 million visitors a year to their website. Hawaii Life represents cutting edge of innovative real estate technology, marketing, and support team to provide 1st class service. My name is Steven Nickens; I been selling Maui real estate for 28 years, worked on many of Wailea’s finest developments over the years. So give me a call I would love to hear from you.

Aloha Nui Loa,

Hawaii Life Real Estate Broker

Hawaii Life Real Estate Broker

Steven Nickens RS-54097 GRI ABR

Hawaii LIfe Real Estate Brokers

Offices: Shops at Wailea, Kihei, Paia, and Kapalua

Cell: 808-280-2208

Email: stevenickens@hawaiilife.com

Website: nickensmaui.com

Check out Steve’s BIO

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