Maui

Kai Makani Market Update – What’s Selling?

The old saying “price is king” remains true at Kai Makani. The last six months have been fairly active in Kai Makani, with 5 sales and 5 active listings. Here’s a brief snapshot of the recent activity, broken down by view type.

KaiMakani_active

Active Listings: The lowest priced unit (per square foot) is a 3-bedroom unit in building 40 (near the pool) priced at $475.68 per square foot. The most expensive listing is a 2-bedroom listing in building 14 (ocean view) priced at $584.19 per square foot. See all active listings in Kai Makani.

KaiMakani_sold_gardenview

Garden view units have had an average sales price of $517k in the last six months. The average days on market of 72 days was helped by a very quick sale of unit 21-201, which was on the market for 35 days (including escrow time). Well priced units can attract cash buyers and lead to quick closings!

KaiMakani_sold_oceanview

There have been 2 ocean view sales in the last six months, with an average sales price of $547k. The days on market are a bit skewed, due to one listing that was on the market for 332 days. Ocean view listings sold for 95.6% of their sales price in the last six months.

Additional Information

If you, or someone you know, are interested in buying or selling at Kai Makani, contact me at 808.280.9884 or via email brianhill@hawaiilife.com. I live at Kai Makani and have an excellent understanding of the community.

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