Fairways & Mauna Lani Resort Overview
Fairways: Unit #1301 is the sole new listing for the neighborhood in August. This unit is the smaller of the two bedroom floorplans with a main floor bedroom, two full baths, 1,289 square feet and close location to the pool listed at $620,000. There are currently nine properties for sale in The Fairways with no properties under contract. Comparing year to date sales 2015 with 2014, sales are down by about 50%. With inventory in the neighborhood low for much of 2015, the average days on market has been equal to 2014 with the median sales price over 15% higher this year over last.
Mauna Lani: Active listings across the resort number in the 90s with about 14 months of inventory. There were nine closed sales for the month of August throughout the resort with nine properties going into contingent or under contract status and seven new listings. The median home sales price continues to be well above $1 million.