Just prior to Christmas, Wailea condominium inventory for sale stood at just below 85 units for sale. As of today, there are 107 units for sale, a more than 25% increase in a month. That does not include the resales now available in complexes like Kai Malu and Kanani Wailea. If one includes those, inventory is more like 112-115 units for sale. At 2006 absorption rates, that represents almost exactly one year's worth of inventory. Since January 1, only two Wailea condominiums have gone into escrow, compared to thirteen a year ago in the same period.

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