Today's question comes from a long time client:Question: We've been looking at buying in Mana Kai for some time now, how's the market doing there?Answer: Great question - we're a bit biased as Mana Kai is one of our favorite properties on Maui. Historically Mana Kai has been a 'legacy' property, with many units trading hands either generationally (passed down within a family) or internally (owners selling to other owners and/or friends). Since the market crash in 2008, units have come on the market at more constant pace under open market conditions. Let's take a look at the charts below for a baseline of analysis: As can be ascertain by the above, there was a peak in 2016 in terms of sales prices. However, although it is not reflected/adjusted on any statistical chart, location is a critical component. It's worth noting that the 2016 period saw some of the most anticipated and sought-after units at Mana Kai: upper floors, stacks closer to the ocean (with the '01' stack being by far THE premium). Current inventory and recent sales have all centered around the 'mid' section of the property. Take a look at the property map below for a reference. Although on paper it might seem as though values are down at Mana Kai, in actuality when taking into account location and condition, values have remained very stable. As the only major condominium directly beachfront on Keawakapu Beach, it will always be a commodity - one that brings a high lifestyle value proposition to boot .  Synopsis: * Stable Micro-Market *  Premium Sales in 2015-2016 Skew Statistics *  Well-Priced Units Are Selling *  Arguably Near Peak of Cycle For those interested in discussing in greater detail, contact us below: