Seven Condos Sold This Week
Kihei buyers snapped up seven condos for the week ending on October 3rd.
Bargain hunters were in the hunt as the median sales price was only $315,000. That figure represents a week in which buyers paid 95% of list price, on average.
Of the seven that sold, only two are eligible for short-term rentals.
The most aged unit to sale was at the Kamaole Sands complex. That unit closed after 228 days on the market. The 2 bedroom, 2 bathroom unit was originally listed at $650,000 but sold for $590,000.
Those units that sold include: Kihei Shores, Southpointe at Waiakoa, Keonekai Villages Maui Gardens, Maui Banyan, Hale Kanani and Kamaole Sands.
Homeostasis is the word of the week....7 units sold and 7 units listed this week in Kihei.