With its tropical setting, picture-perfect weather, top-rated beaches, and world-class amenities, Wailea is a much sough after destination. And for those considering a purchase of a Wailea property, it becomes incumbent on potential buyers to be well acquainted with real estate trends and available inventory. The Wailea Single Family Residence (SFR) market has been somewhat stagnant in the past three years, arguably due to the downwards pressure on values by REO's (bank-owned/foreclosures) and Short Sales - although not a great amount (7 REO's and 5 Short Sales), still significant enough to have an impact on values in Wailea. And as the market continues its shift from a clear buyer's market to a more balanced market, let us take a look at relevant data.
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