The Island at Maui Lani – average sales price up 29%

There are many stories about recovering real estate markets throughout the country and today we thought we’d highlight a Maui neighborhood in particular that has seen a dramatic recovery for home sale prices. Earlier this year we wrote about Kahului pending home sales leading the market due in large part to renewed buyer interest in Maui Lani homes for sale, now we are almost through 2013 and have some great numbers to report on the comeback of The Island at Maui Lani.

The Island at Maui Lani

355661

2012 was a rough year for home sales in many Maui neighborhoods and Maui Lani was no exception: The Island at Maui Lani saw the average sales price drop to $560,250 and the number of home sales dwindle to only 6. The the rebound is in full swing and we already have 10 homes sales in The Island at Maui Lani with the average sales price up 29.29% to $724,400.

Golf frontage home sales signal improving market

355594G

One key market aspect to examine when looking at The Island at Maui Lani is to track the sales of homes that front the golf course. Homes that front golf course always fetch a higher price and increases in sales of this type signal that buyers are willing to buy at those higher price points. In 2012 there were no golf home sales but in 2012 there were 4 homes sold fronting the fairways.

Recent Sales at The Island

MAUI355975

7 Puu Ehu Place sold on 07/08/2013 for $635,000. This was a two story home with 4 bedrooms, 2.5 bathrooms and 1,845 square feet of living area. This sale was only $4,000 below the original asking price of $639,000.

MAUI356428

19 Haipule Place sold on 07/05/2013 for $715,000 after only 33 days on the market. Two story home with 4 bedrooms, three bathrooms and 2,444 square feet of living area.

MAUI355594

177 Kamalei Circle sold on 06/17/2013 for $975,000. Three bedrooms, 3 bathrooms and over 3,000 square feet of living area.

Current list of homes for sale at The Island at Maui Lani

Below is a freshly updated list of all The Island at Maui Lani homes for sale, you can click any photo to load more property details.

24 MELEINOA PL

24 MELEINOA PL
Price: $818,000
Status: ACTIVE
Address: 24 Meleinoa Pl
District: Kahului
Bedrooms: 4
Baths: 2.5
SqFt: 1845
Land Acres: 0.1934
City: Kahului
State: HI
Zip: 96732

11 MELEANA PL

11 MELEANA PL
Price: $1,195,000
Status: ACTIVE
Address: 11 Meleana Pl
District: Kahului
Bedrooms: 4
Baths: 3
SqFt: 2088
Land Acres: 0.14
City: Kahului
State: HI
Zip: 96732

7 LOIHI PL

7 LOIHI PL
Price: $860,000
Status: ACTIVE
Address: 7 Loihi Pl
District: Kahului
Bedrooms: 4
Baths: 2.5
SqFt: 1971
Land Acres: 0.1736
City: Kahului
State: HI
Zip: 96732

24 LOIHI PL

24 LOIHI PL
Price: $949,800
Status: ACTIVE
Address: 24 Loihi Pl
District: Kahului
Bedrooms: 3
Baths: 3
SqFt: 2160
Land Acres: 0.1621
City: Kahului
State: HI
Zip: 96732

29 KAMAIKI CIR

29 KAMAIKI CIR
Price: $1,350,000
Status: ACTIVE
Address: 29 Kamaiki Cir
District: Kahului
Bedrooms: 4
Baths: 3
SqFt: 3166
Land Acres: 0.2263
City: Kahului
State: HI
Zip: 96732

49 KAMAIKI CIR

49 KAMAIKI CIR
Price: $1,099,000
Status: ACTIVE
Address: 49 Kamaiki Cir
District: Kahului
Bedrooms: 3
Baths: 3
SqFt: 2346
Land Acres: 0.2317
City: Kahului
State: HI
Zip: 96793

17 INOA PO PL

17 INOA PO PL
Price: $835,000
Status: ACTIVE
Address: 17 Inoa Po Pl
District: Kahului
Bedrooms: 4
Baths: 3
SqFt: 2088
Land Acres: 0.1774
City: Kahului
State: HI
Zip: 96732

15 KAMAIKI CIR

15 KAMAIKI CIR
Price: $999,000
Status: ACTIVE
Address: 15 Kamaiki Cir
District: Kahului
Bedrooms: 4
Baths: 2.5
SqFt: 2468
Land Acres: 0.2148
City: Kahului
State: HI
Zip: 96732-3153

33 KAMAIKI CIR

33 KAMAIKI CIR
Price: $1,187,500
Status: ACTIVE
Address: 33 Kamaiki Cir
District: Kahului
Bedrooms: 3
Baths: 3
SqFt: 2310
Land Acres: 0.2611
City: Kahului
State: HI
Zip: 96732

22 PUU EHU PL

22 PUU EHU PL
Price: $1,250,000
Status: ACTIVE
Address: 22 Puu Ehu Pl
District: Kahului
Bedrooms: 5
Baths: 3
SqFt: 2648
Land Acres: 0.2245
City: Kahului
State: HI
Zip: 96732

One thought on “The Island at Maui Lani – average sales price up 29%

Leave a Reply

Your email address will not be published. Required fields are marked *