Tuesday, September 8, 2009

South Maui Real Estate - Residential Sales for August

Here are the home sales for Kihei, Makena and Wailea real estate for the month of August:

Wailea & Makena: 1
I remember showing this home to a couple when it was first listed and thought this home isn't worth more than $650,000. I came pretty close. This property had "good bone structure" but was VERY dated and needs about $200,000+ in upgrades.

Maui Meadows: 1
Not a short sale or a REO!

Kihei: 9
Kihei of course is the largest area of South Maui. The spread of pricing displays Kihei's various communities. North Kihei and South Kihei should really be split into two separate searches as the price point varies significantly between South Kihei and North Kihei. Why? Weather, dust and quality of beaches are the most discriminating factors. In recent years though, the gap has diminished with newer subdivisions created in Central and North Kihei. Many North Kihei residents love the convenience of less travel time to Kahului. However, the wind and dust from the outlying sugar cane fields will continue to hamper values of North Kihei. The low sale occurred in the North Kihei and the high sale within South Kihei at Kilohana Ridge ,above Keawakapu Beach.

For more information on homes for sale in Wailea, Makena and Kihei, please feel free to call me at 808.280.2625 or contact me via email.

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