Condo Prices Jump 38% over last year
Wailea Point 601 Listing Details
The median price of Maui condos is up 38% in February compared to February of last year. This big jump in median price is caused by a few sales of high-end luxury condos. The number of sales only rose 4% from 89 units being sold in February 2014 to 93 units being sold this year.
While condo prices appear to be rising the prices of single family homes remains flat compared to last years prices.
The photo pictured above is a luxury vacation rental condo in Wailea. Wailea Point 601 is an unbelievable front row 2 bedroom/ 2 bath ground floor unit listed at $3.7M. Wailea Point is a premiere ocean front complex with wonderful amenities and just foot steps away from Wailea Beach and the 5 star dining of Wailea.