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

July 1, 2018

By: Fred V. Burgart (PB)

Frederick V. Burgart, Realtor

Aloha Papakea Owners & Future Owners,

Happy 4th of July!! Hope everyone is enjoying their summer. On Maui, the summer season is in full swing now as tourism is busy as ever and the tradewinds have been blowing the Kilauea volcano smoke away for the most part. What is really exciting to report is the opening of the extended Lahaina by-pass which starts around Olowalu and pushes you up off the old lower road. Since it has opened up, there is no bumper to bumper traffic driving to Lahaina. It's so nice to see the flow of traffic back to normal. The Annual Owner's Meeting is just around the corner. Look me up when you are here. Have a great summer. 

2ND QUARTER AND MID-YEAR SALES STATS

During the last 3 months we have had 9 closed sales, bringing our half-year total to 16 closed sales. This is a similar pattern to last year when we also had 16 sales in the first half of the year. In 2017, we ended up with 24 sales, which means two thirds of the sales happen in the earlier part of of the year. We currently have 2 units pending in escrow and only 12 units listed for sale, which is the lowest inventory in a long, long time. We saw a ton of oceanfront one bedroom sales and #F-308 cracked the $700,000 (FS) mark selling for $724,000 (FS). Even though sales might be slowing down for the 2nd half of the year, sales prices are still high. We'll see how the rest of the year goes.

I just updated my July newsletter, so hit the link to check out the latest Papakea news.

My listings:

Oceanview one bedroom 3rd floor #K-301 @ $549,000 (FS). Beautifully remodeled!!

Have a Prosperous 2018 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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