Kihei Shores is a well-maintained condominium complex with a quiet atmosphere. The complex is located about 1/4 mile away from Kamaole Beach Park III, a popular sandy beach for snorkeling, swimming and relaxing, yet tucked behind neighboring buildings, away from street noise.
It comprises 10 two- and three-story buildings without elevators. Beautiful tropical plants surround the buildings to create a sense of privacy. Units range between 597 and 1,035 square feet, and are predominantly two-bedrooms. Each has a lanai or patio, most overlooking the gardens and a few with some ocean views. Every condo has in-unit laundry with many also including air conditioning, a mix of wall units and split systems.
Near the back of the complex is the on-site manager’s office and pool terrace with an outdoor pool and hot tub. Residents can enjoy a centrally-located barbecue area featuring three gas grills and picnic tables.
Each unit comes with two parking stalls: one reserved space conveniently located near the front door and the other unassigned in the spacious on-site parking lots. For added ease, the property also offers kayak and board storage plus a car washing station.
Over the past 3 years, an average of 10 fee simple condos sold per year in Kihei Shores. This small sample size means the graph may not capture the full market picture.
The Kihei Shores graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.