$16,500,000
4,273 SqFt
4 Beds
•6 Baths
Robert H Dein RB-18398, Kenneth Hayo, Listing Office: Maui Real Estate Advisors LLC
Is Wailea, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Wailea has remained a Buyer's Market.
Key Takeaway
Wailea is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wailea, HI
How much do homes in Wailea, HI cost?
Median Sold Price
$1,929,850
$1,340/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$504,850(+35.4%)
Key Takeaway
Homes in Wailea have sold for 35.4% more than they did a year ago.
Summary: The median home sold price in Wailea was $1,929,850 in October 2024, up 35.4% from last year, and the median price per square foot was $1,340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $900K | -22.6% |
| 2 Bedrooms | $1.2M | $1.5M | +23.9% |
| 3 Bedrooms | $1.7M | $2.7M | +55.0% |
| 4 Bedrooms | $3.2M | $3.7M | +15.1% |
| 5+ Bedrooms | $32.6M | $10.1M | -69.0% |
Summary: Wailea housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 55%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 69%.
Housing Supply in Wailea, HI
How many homes are available in Wailea, HI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 172 | 191 | +11.0% |
Summary: The Wailea real estate market had 191 homes for sale in October 2024, a 11.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 31 | +6.9% |
| 2 Bedrooms | 79 | 89 | +12.7% |
| 3 Bedrooms | 41 | 45 | +9.8% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Wailea housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 16 | +60.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wailea, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Wailea in October 2024, up by 60.0% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
Days on Market for Wailea, HI
We’re sorry, we don't have information for this market at the moment
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