Six Condos Sold In Kihei
Updated: Aug 31, 2018
The week ending on August 29 was not a barn burner for condos sales in Kihei.
In the past seven days, only six condos sold in Kihei.
The median price was about $380,000.
The percent of asking price was relatively high at 99%.
The vacation rental units that sold were: Kihei Akahi, Maui Kamaole and Hokulani Golf Villas. The Hokulani Golf Villas unit sold in just 49 days at full asking price-$1,191,400.
The number of sales for this period was three times higher than new listings. That is at least two weeks in a row for the trend which will make Kihei's condo shortage even more severe.