Welcome to Volume #03 of my review of the Kihei condominium market, this time recapping notable activity from February 16th through 28th. This time I’m highlighting several record high sales that closed in a few Kihei vacation condo communities such as Luana Kai and Pacific Shores as well as some notable pending sales at Maui […]
Update September 25th, 2018. My predictions were right, this unit was very desirable and went under contract in only two days. I’m constantly monitoring the market for affordable Kihei vacation rental condos and noticed a new listing that came on the market today that has a lot to offer. Read below for my profile of […]
The 2017 sales numbers are in and, for the first time since 2008, the average sales price for a vacation condo in Kihei is now over $500,000. The 2017 average sales price was $501,888 which is up more than 9% from the 2016 sales average of $459,929. Yes, prices continue to rise for Kihei condos […]
There are plenty of Kihei condos for sale priced under $500,000 but out of the 130 or so active listings, only 70 of them are in complexes that are vacation rentable. If you want to buy a larger size unit that you can vacation rent, say something that has two bedrooms, there are even fewer units […]
Buying a vacation rental condo in Kihei makes total sense – you can come to Maui and enjoy your unit when you visit and then rent it out to other tourists the rest of the time to help defray your ownership costs. Many condo investors start with an affordable unit and then upgrade when the time is […]
