Vacationers who come to Maui are familiar with the prestigious town of Wailea. Wailea is noted for the famous "Little Wimbledon" tennis courts, several championship golf courses, ocean front executive homes and resort condominiums.
The real estate market is still a buyer's market, but is predicted to return to a normal growth rate in 2012.
2012 has had 11 sales in Wailea for the period ending April 30, 2012 compared to only 6 sales for the same timeframe last year. The average sale price for a home in Wailea is $2,624,127 according to the Realtor Association of Maui statistics for the year to date ending April 30, 2012.
Vacationers who travel here year after year may find it wise to put their investment dollar into a Maui vacation rental condominium. You will have a place to enjoy while you are here and then an income producing rental property to help defray the costs when you are not here. The year to date ending April 30, 2012 average price for a condo in Wailea is $1,188,170 which is down 18% from a year ago for the same time period according to the Realtor Association of Maui statistics for the year to date ending April 30, 2011.
Interest rates are still low, making it a very good time to buy.
Let me help you find the perfect home or investment. I love what I do and I love making people happy. Call or e-mail me today with any and all of your real estate questions. I make things happen.
ZIP Code: 96753 Approximate Location Boundaries: Southern side of the Island of Maui.
Location Characteristics: Tropical paradise, beautiful luxurious resorts, sandy beaches, and sunny days are just the beginning of what you can expect in Wailea.
About Linda Weatherholt:
Dreams do come true. Living on Maui became one of my dreams after visiting Maui year after year. After making the decision, I was going to fulfill that dream, I made a list of everything I needed to accomplish. I first put my business and my husband's business on the market since I felt these would take the longest to sell. To my surprise my business sold right away and I found myself unemployed since I had agreed to a no-compete clause. I immediately put our commercial and rental properties on the market. One by one our properties sold and it was time to put our Colorado home on the market. Since the path to my dream was unfolding more quickly than expected, we made our last vacation trip to Maui. This time instead of coming home with souveneirs, we came home with a Maui home in escrow. Once our Maui home closed it was time to make the big move. Everything was completed like clockwork-even getting the dogs prepared for quarantine. I knew what I wanted and made it happen. Tell me what you want and I will help you fulfill your Maui dream. I make things happen. Paradise can be a reality!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
