About Lalea at Hawaii Kai The Lalea at Hawaii Kai townhomes isn't so much a condominium as it is a neighborhood itself. It comprises a total of 29 buildings, which were built in 4 stages over the same number of years. The first condos went up on the lands closest to the ocean, with the succeeding stages going up further and further into the valley.
A testament to their desirability is the high owner-occupancy, currently at 75%, and the very low turnover. These are in demand properties, even for Hawaii Kai townhomes, so they don't come on the market often. It's easy to understand why.
The views back in the valley are beautiful, looking up at the only-in-Hawaii green mountains towering over the region. Lalea sits back from the busy side of Hawaii Kai near the highway. Though just blocks away you're in a retreat from the traffic and noise of that busy corridor. It's almost as if you've been transported to a different Island when you turn off Kalanianaole Hwy and go back home.
That said, all the necessities - and more - are nearby. You're blocks from the Hawaii Kai Town Center with Costco and numerous restaurants, along with a Long's that's even closer. Recreation isn't a problem either. Maunalua Bay Beach Park is up the street, while Koko Head, Hanauma Bay & Sandy Beach are just short drives to the west.
Then again, there's plenty at Lalea to occupy you including a park of its own, a club house, heated pool and a real neighborhood feel. Great for playing with the kids or walking the dog.
The units themselves have their own attractions, including a number of floor plans with 1 to 4 bedrooms, so there's space to satisfy almost anyone. Most of the Lalea condos have 750 to 1500 sq ft, some with lanais to take in the fresh air that abounds in the valley.
For those seeking a home with the charms of a small town neighborhood, with all the benefits of suburban shopping and dining, contained in the beauty of Hawaii Kai - you've found your match.
Lalea At Hawaii Kai 3 Townhomes - Trends & Statistics
The price range of townhomes for sale in Lalea At Hawaii Kai 3 is $510K to $589K with a median price of $549K and median interior of 800sf.
The median price of townhomes sold in Lalea At Hawaii Kai 3 year-to-date (Jan - May 25, 2017) is $499K. In previous years it was $622K (2016), $570K (2015), $541K (2014), $525K (2013), $494K (2012), $500K (2011), $470K (2010), $450K (2009), $543K (2008), $487K (2007), $507K (2006), $445K (2005), $390K (2004), $314K (2003).
1 townhome has sold in Lalea At Hawaii Kai 3 year-to-date (Jan - May 25, 2017). In previous years, the total number of townhomes sold were 17 (2016), 9 (2015), 11 (2014), 13 (2013), 12 (2012), 15 (2011), 16 (2010), 11 (2009), 11 (2008), 20 (2007), 16 (2006), 19 (2005), 19 (2004), 24 (2003).
On average Lalea At Hawaii Kai 3 townhomes were on the market for 11 days before they were sold (Jan - May 25, 2017). In previous years it was 53 days (2016), 49 days (2015), 52 days (2014), 33 days (2013), 24 days (2012), 38 days (2011), 37 days (2010), 85 days (2009), 54 days (2008), 68 days (2007), 44 days (2006), 10 days (2005), 10 days (2004), 20 days (2003).
The average days on market for Lalea At Hawaii Kai 3 townhomes before sold was 11 days April 2017 compared to 63 days April 2016.
The ratio of Lalea At Hawaii Kai 3 townhomes sales price vs list price was 100.0% April 2017 compared to 99.3% April 2016.
1 Lalea At Hawaii Kai 3 townhome was sold April 2017 compared to 1 townhome sold April 2016.
The total dollar volume of townhomes currently for sale in Lalea At Hawaii Kai 3 is $1.09M and the sold dollar volume year-to-date (Jan - May 25, 2017) is $499K. In previous years sold dollar volume was $10.85M (2016), $4.94M (2015), $5.84M (2014), $6.65M (2013), $5.79M (2012), $7.46M (2011), $7.52M (2010), $4.98M (2009), $5.57M (2008), $9.95M (2007), $7.73M (2006), $8.76M (2005), $7.41M (2004), $7.67M (2003).
The most recent sale in Lalea At Hawaii Kai 3 was a townhome located at # , sold for $499K on Apr 13, 2017. It had 751sf of interior. 9 other recent sales include: #253 (850sf) sold for $599K on 12/23/2016. #47 (908sf) sold for $635K on 12/22/2016. #119 (1,075sf) sold for $698K on 12/5/2016. #59 (947sf) sold for $622K on 10/28/2016. #51 (1,124sf) sold for $745K on 7/25/2016. #272 (1,113sf) sold for $695K on 7/21/2016. #183 (947sf) sold for $615K on 7/18/2016. #93 (1,075sf) sold for $697K on 7/18/2016. #49 (751sf) sold for $461K on 7/8/2016.
In Lalea At Hawaii Kai 3 there is currently 2 fee simple units for sale.
There are 1 x 1 bedroom floor plan and 1 x 2 bedroom floor plan.