We are often asked real estate Market conditions, whether as a whole or a more granular level. We conduct in-depth reports of various areas and, as such, today we'll present a breakdown of micro-market conditions at Wailea Point. As a preface, when looking at any market, it is best to look at current inventory (both active and escrows) and recents sales.To start, let's look at a map of Wailea Point, noting all pertinent units. Active Inventory Below are description of some pertinent units within the Wailea Point micro-market, to discuss others or further evaluation value proposition, contact us. Unit 102 - Arguably one of the most unique condominiums ever offered for sale in Hawaii. The 3 bedroom / 3 bathroom unit sits front row with absolute panoramic ocean view corridors. At $1,758 per Square Foot, it is priced significantly lower than any other front row unit. Unit 1403 - Outstanding front row location. The original condition is reflected on the price, but offers a clean slate for a Buyer with the ability to put time and money into renovating to modern, upgraded condition.Unit 3401 - This is a rare opportunity to get into the Wailea Point property for under $1K per square foot. Located near the upper tennis court and orientated towards the Fairmont, the ocean views are comparatively small but offers a strong value to the prospective purchaser who loves Wailea Point but at a lower price range. Pending There are two units currently in escrow, and both happen to be in building 24. The asking price of each is in the range of $1,800 per square foot, which is en par with the recent sale of 2304. Building 24 is sought-after due to its ideal location near both pools, walking distance to the Wailea Beach Path. Agreed upon sales price is not available until the sales record - stay tuned, as soon as the sales are recorded, our website will reflect the sales price. Sold The bulk of the sales over the past 12 months has been concentrated among premium units - 3 directly front row and 4 more on the second row. Front row prices have ranged from $1,827 per square foot to $2,166 per square foot, with variances arguably based on condition of unit and slight personal preferences. Second row units have ranged from $1,405 per square foot (sales on building 26) to $1,859 per square foot for the aforementioned sale on building 23.  Conclusion The past year (trailing 12 months of this writing) saw 7 fair market value sales. The current inventory (11 Active, 2 in escrow) is a market of over a year worth of sales, which then can be leveraged by a Buyer - not enough demand for current supply to be absorbed at a pace that can be reasonably argued as a balanced market. To discuss valuation, a specific unit, Wailea Point a whole, or the Wailea real estate market, contact us. CMA For a easy-to-use format, view a Comparative Market Analysis summary below.  Of course, keep in mind that this does not adjust for location, condition, and other tangible factors that affect valuation. For specifics, contact us.