Maui-Realty.com is dedicated to "The Papakea Beach Resort. We provide you with current condo/unit sales information which will help you with your purchase decisions. Please call and ask for Frederick V. Burgart, Realtor.

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Frederick V. Burgart, Realtor

P O Box 11024
Lahaina, Maui, Hawaii 96761

OFFICE: 1-(808)-283-5440
FAX: 1-(866)-451-2365
EMAIL:

Click on any of the options above to find the information you need. Or if you are interested in any other condo properties, I have full access to the complete MLS system. Please feel free to email me so I may provide you with the info you need.

Frederick V. Burgart,

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Papakea Beach Resort,
Latest Newsletter

PAPAKEA

ROUND-UP

Januray 1, 2019

By: Fred V. Burgart (PB)

Frederick V. Burgart, Realtor

Aloha Papakea Owners & Future Owners,

Hope you all had a wonderful Holiday Season and Happy New Years!!  If you were here on Mau, the weather for the start-up of our busy tourist season has been the best ever: clear sunny skies and barely a drizzled (just to treat us to a rainbow). After a couple of rainy and windy Holiday Seasons, it has been gorgeous. And that's a good thing because Maui  is crowded as ever. The newer Lahaina by-pass continues to keep traffic moving to and fro from Lahaina, unlike previous  years when it was bumper to bumper. It's looking to be another beautiful year for Maui. Hoping you all have a prosperous year!

4TH QUARTER & YEAR END SALES STATS

During the last 3 months, we finished up the year on a strong note with 7 closed sales bringing our sales total to 24 sales for the year. This ties us with last year when we ended up with 24 sales also. And it's way better than 2016 when we had 15 sales. The market continues to stay strong for those who need to sell.

If you look at the insert with the updated sales stats, you will see high sales prices in a few categories especially the  oceanfront one bedroom category saw the most action in years with 6 total sales and #F-308 topping everything selling for $724,000 (FS). Units that are still leasehold seem to be losing market interest. Only 2 of the 24 sales this year were leasehold. We currently have 12 units listed for sale. Four are leasehold and only 8 fee simple units.

We currently have 4 units pending in escrow, which will be our new sales for 2019. The lowest priced unit to sell was 1BR #E-109 @ $265,000 Leasehold. The highest priced unit was a tie between Oceanview 2BR/2BA/loft #B-405 & Oceanfront 2BR/2BA/loft #F-405 @ $1,050,000 (FS).

Have a Prosperous 2019 year!

MY WEBSITE: if you are looking for updated information regarding Papakea, please search my website for all the latest info on sale,  listings, & cost of ownership.  You can always drop me a note for any questions you may have.

Aloha & Mahalo,

Fred


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