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        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/2021-11/</link>
        <description>Courtney M. Brown, Realtor (S) Blog: information on the Maui real estate market, trends, and listings. Homes, condos and land for sale.</description>
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    <guid>http://www.luxuryrealestatemaui.com/blog/market-spotlight-kapaluas-oceanfront-luxury-condominium-communities-112021.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/market-spotlight-kapaluas-oceanfront-luxury-condominium-communities-112021.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Market Spotlight: Kapalua's Oceanfront Luxury Condominium Communities</title>
    <description> <![CDATA[ 
Kapalua's Oceanfront Condominiums: the Coconut Grove Kapalua Bay, Kapalua Bay Villas, Kapalua Ironwoods, Montage Residences Kapalua Bay, and the Ritz-Carlton Residences, Kapalua





For prospective buyers of luxury oceanfront condominium residences in the Kapalua Resort there are several options that are directly oceanfront: the Coconut Grove on Kapalua Bay, Kapalua Bay Villas, The Ironwoods, the Montage Residences Kapalua Bay, and the Ritz-Carlton, Kapalua .  There are some very important differences:






 


Coconut Grove


Kapalua Bay Villas


Kapalua Ironwoods


Montage Residences Kapalua Bay


The Ritz-Carlton Kapalua




Number of Private Residences 


36


141


39*


112


107




Buildlings 


9


27


10


6


1




Acres


11.13


16.45


9.19


21


25.89




Stories


Low Rise (2-story)


Low Rise (2-story)


Low Rise (2-story)


High Rise (4 to 6-stories)


High Rise (4 to 6-stories)




Floor Plans


3B and 3B+den


1B and 2B


2B, 2B+Den, 3B, 4B


2B,3B, 3B+den, 4B


1B and 2B




Vacation Rentals Allowed/Zoning


No


Yes (Minatoya)/A-2


Yes (Minatoya)/A-2**


Yes/Hotel


Yes/Hotel




Pets Allowed


No


No


No


Yes


No




Covered Parking


Attached Garage (1 stall)


None


Detached Garage (1 stall)


Valet and Underground***


Valet




Elevator


Optional Upgrade at time of Purchase


None


None


Yes


Yes/Hotel




Pool/Spa/Fitness/Tennis****


Pool, Spa, Fitness


Pool, Tennis


Pool, Spa, Fitness


Pool, Spa, Fitness


Pool, Spa, Fitness, Tennis




Built


2000


1977


1979


2009


1992






Notes:


*There were originally 40 units at the Ironwoods.  However, at the time of development, the developer combined two units in building 9 for an owner, creating one large 4B residence.


**The property currently falls under the Minatoya Opinion.  However, it should be noted that the AOAO restricts rentals to a 30 day minimum and all rentals must have board approval.


****Montage Residences Owners may opt into a Spa/Beach Club membership which provides them with access to Spa Montage and the Beach Club.  For owners of other properties in the resort, these amenities can be accessed by joining the Kapalua Club, which also provides discounts on golf and tenni and use of the Spa Montage and the Beach Club at the Montage, Kapalua Bay.


The following are detailed sales histories for each of the properties above:


The Coconut Grove on Kapalua Bay


View Current Coconut Grove Kapalua Bay Condos for Sale






Current Listings


3




Low LP


$5,100,000




High LP


$5,800,000




Average LP


$5,400,000




Average LP/Sq. Ft.


$2,157




Average DOM


124






Pending Coconut Grove Sales






Pending Listings


1




Volume


$3,700,000




Low LP


$3,700,000




High LP


$3,700,000




Average LP


$3,700,000




Average LP/Sq. Ft.


$1,403




Average DOM


61






Coconut Grove Sales: 2012 to Present






Coconut Grove


2021 YTD


2020


2019


2018


2017


2016


2015


2014


2013


2012




Sales Volume


$25,300,000


0


0


0


$18,950,000


$5,250,000


0


$5,000,000


$8,446,500


0




Number of Sales


5


0


0


0


4


1


0


1


2


0




Low Sales Price


$4,550,000


NA


NA


NA


$4,500,000


$5,250,000


NA


$5,000,000


$4,196,500


NA




High Sales Price


$6,250,000


NA


NA


NA


$5,000,000


$5,250,000


NA


$5,000,000


$4,250,000


NA




Average Sales Price


$5,060,000


NA


NA


NA


$4,737,500


$5,250,000


NA


$5,000,000


$4,223,250


NA




Average SP/Sq. Ft.


$1,959


NA


NA


NA


$1,866


$2,303


NA


$2,193


$1,827


NA




Average DOM


171


NA


NA


NA


64


0


NA


171


270


NA




Average SP/LP


97


NA


NA


NA


95


100


NA


95


95


NA






Comments: The original developer sales ranged between $1.3-1.7M for units in the ocean view buildings (units 1-12) and $1.8-2.2M for oceanfront residences (units 13-36), with interiors ranging from 2280 to 2638 sq. ft. The Coconut Grove on Kapalua Bay has been one of Maui's most desirable condominium communities due to its spectacular location and the limited number of residences.  There are just 36 three-bedroom condominiums in 9 buildings on 11 acres in this gated community situated directly overlooking Kapalua Bay.


View Recent Coconut Grove Kapalua Condo Sales


Since the beginning of 2012, there have been 9 oceanfront residences to sell at Coconut Grove. No second-row residences have sold, which would affect both sales price and averages for sales prices and SP/Sq. Ft.


This year, Coconut Grove achieved a record high sale of $6,250,000 for an oceanfront residence that had been remodeled.  Prior to that, the highest sale on record was $5,250,000 for a private transaction that occurred in July 2016 that was not recorded in the Maui MLS.


The Kapalua Bay Villas


Current Kapalua Bay Villas Condos for Sale


At the time of this post, there are no active listings at the Kapalua Bay Villas


Kapalua Bay Villas Pending Sales






Pending Listings


3




Volume


$3,925,000




Low LP


$1,195,000




High LP


$1,480,000




Average LP


$1,308,333




Average LP/Sq. Ft.


$1,132




Average DOM


60






Kapalua Bay Villas Sales: 2012 to Present






Bay Villas


2021 YTD


2020


2019


2018


2017


2016


2015


2014


2013


2012




Sales Volume


$37,214,500


$7,538,000


$15,032,500


$7,621,250


$11,758,800


$8,134,384


$3,155,000


$6,926,500


$6,495,000


$7,903,000




Number of Sales


27


7


14


7


11


8


3


6


6


7




Low Sales Price


$755,000


$675,000


$800,000


$800,000


$725,000


$635,000


$870,000


$620,000


$795,000


$750,000




High Sales Price


$2,900,000


$1,900,000


$1,485,000


$1,600,000


$1,725,000


$1,450,000


$1,285,000


$1,725,000


$1,400,000


$2,150,000




Average Sales Price


$1,378,315


$1,076,857


$1,073,750


$1,088,750


$1,068,982


$1,016,798


$1,051,667


$1,154,417


$1,082,500


$1,129,000




Average SP/Sq. Ft.


$1,104


$876


$287


$872


$882


$834


$900


$955


$870


$896




Average DOM


248


149


287


258


287


323


542


430


360


312




Average SP/LP


97


92


93


95


93


92


91


92


94


94






View Recent Kapalua Bay Villas Sales


Comments: The Kapalua Bay Villas are the most affordable entry point to the resort.  The Bay Villas offers one and two-bedroom floor plans that are either a single-level or townhouse style.  Onsite amenities include three swimming pools and two tennis courts, as well as BBQ facilities.  The Bay Villas is a gated community, with direct access to the beach at Oneloa Bay.


The Kapalua Ironwoods


View Current Kapalua Ironwoods Condos for Sale


At the time of this post, there are no active listings at the Kapalua Ironwoods


Kapalua Ironwoods Pending Sales






Pending Listings


1




Volume


$2,700,000




Low LP


$2,700,000




High LP


$2,700,000




Average LP


$2,700,000




Average LP/Sq. Ft.


$903




Average DOM


23






Kapalua Ironwoods Sales 2012 to Present






Kapalua Ironwoods


2021 YTD


2020


2019


2018


2017


2016


2015


2014


2013


2012




Sales Volume


$17,020,000


$12,050,000


$2,300,000


$3,000,000


0


$6,225,000


$6,150,000


$3,999,999


$2,150,000


$3,025,000




Number of Sales


5


4


1


1


0


2


2


1


1


3




Low Sales Price


$1,500,000


$1,150,000


$2,300,000


$3,000,000


NA


$2,900,000


$2,500,000


$3,999,999


$2,150,000


$2,450,000




High Sales Price


$4,150,000


$4,200,000


$2,300,000


$3,000,000


NA


$3,325,000


$3,650,000


$3,999,999


$2,150,000


$3,425,000




Average Sales Price


$3,404,000


$3,012,500


$2,300,000


$3,000,000


NA


$3,112,500


$3,075,000


$3,999,999


$2,150,000


$3,025,000




Average SP/Sq. Ft.


$1,634


$1,412


$1,065


$1,391


NA


$1,493


$1,399


$1,667


$1,111


$1,284




Average DOM


320


124


671


204


NA


289


310


658


259


149




Average SP/LP


92


88


93


92


NA


90


90


91


86


92






View Recent Kapalua Ironwoods Sales


Comments: The Kapalua Ironwoods is comprised of ten buildings, each with four units (note: the top floor in building nine is two units combined into one at the time of development).  Situated directly oceanfront with the white sand beach of Oneloa Bay below and to the left and the Kapalua Bay Course to the right, the Ironwoods is a quiet gated community.   Buildings 6 and 8 are oriented to the North East overlooking the Bay Course with the ocean in the distance.  Units in these buildings have historically commanded lower prices.  With so few sales each year, a sale of just one unit in building 6 or 8 can affect averages significantly.


The Montage Residences Kapalua Bay


Current Montage Residences Kapalua Bay Condos for Sale






Current Listings


4




Low LP


$3,525,000




High LP


$3,995,000




Average LP


$3,705,000




Average LP/Sq. Ft.


$1,428




Average DOM


257






Montage Kapalua Bay Pending Sales






Pending Listings


1




Volume


$13,295,000




Low LP


$13,295,000




High LP


$13,295,000




Average LP


$13,295,000




Average LP/Sq. Ft.


$3,279




Average DOM


12






Montage Kapalua Bay Sales: 2012 to Present*






Montage Residences Kapalua Bay


2021 YTD


2020


2019


2018


2017


2016


2015


2014


2013


2012




Sales Volume


$103,183,533


$28,939,000


$86,445,000


$58,780,074


$54,388,000


$41,000,000


$40,770,000


$46,785,000


0


0




Number of Sales


24


9


21


12


12


9


8


8


0


0




Low Sales Price


$2,695,000


$2,750,000


$2,400,000


$3,495,000


$3,125,000


$3,125,000


$3,950,000


$4,300,000


NA


NA




High Sales Price


$8,500,000


$4,159,000


$7,950,000


$8,950,000


$6,475,000


$8,650,000


$4,900,000


$8,250,000


NA


NA




Average Sales Price


$4,299,314


$3,215,444


$4,116,429


$4,898,340


$4,532,333


$4,555,556


$4,530,000


$5,848,125


NA


NA




Average SP/Sq. Ft.


$1,621


$1,407


$1,556


$1,572


$1,582


$1,516


$1,609


$1,735


NA


NA




Average DOM


167


170


173


230


100


147


168


68


NA


NA




Average SP/LP


98


99


97


100


99


99


100


99


NA


NA






View Recent Montage Residences Kapalua Bay Sales


Comments: *This property started as a Ritz-Carlton Club and Residences in 2009, where there were 84 wholly-owned three-bedroom, three-bedroom plus den and four-bedroom floor plans known as the Grand Residences.  Additionally, 1/12th ownership interests in 62 smaller two and three-bedroom fractional units were offered for sale.


It then went through foreclosure and was purchased by Island Acquisitions, which branded it a Montage Residences in 2014.  Since then new ownership has made extensive improvements to the property and the resort has been awarded five-stars by Forbes.  


After foreclosure, there were no new fractional sales and the developer held 28 unbroken two and three-bedroom residences which became known as the Hotel Residences.  These smaller units flank the lobby and are located in buildings 3 and 4.  They range from approximately 1774-2065 sq. ft.  The Hotel Residences were dedicated hotel inventory until the developer began sales of these units in 2019.  20 of the 28 Hotel Residences have been sold as of this post.  


The Montage sales slowed in 2020 when the island was under travel restrictions and then exploded when the island reopend in November.  Since then, with the accompanying upswing in the market, we've seen record high condominium sales for West Maui and the Montage in particular.  The current pending sale of $13,295,000 for an oceanfront 4 Bedroom residence of 4005 sq. ft. will set a new record high, 56 higher than the earlier high sale of $8,500,000 in June of 2021.


The Ritz-Carlton Residences, Kapalua


Current Ritz-Carlton Residences, Kapalua Condos for Sale






Current Listings


1




Low LP


$999,000




High LP


$999,000




Average LP


$999,000




Average LP/Sq. Ft.


$1,146




Average DOM


276






Pending Ritz-Carlton Residences






Pending Listings


1




Volume


$2,435,000




Low LP


$2,435,000




High LP


$2,435,000




Average LP


$2,435,000




Average LP/Sq. Ft.


$1,827






Ritz-Carlton Residences Sales: 2012 to Present*






Ritz-Carlton Residences


2021 YTD


2020


2019


2018


2017


2016


2015


2014


2013


2012




Sales Volume


$7,245,000


$3,872,500


$900,000


$6,694,888


$4,701,888


0


$16,252,436


$925,000


$1,850,000


$825,000




Number of Sales


4


3


1


6


3


0


11


1


1


1




Low Sales Price


$945,000


$735,000


$900,000


$830,000


$790,000


NA


$640,000


$925,000


$1,850,000


$825,000




High Sales Price


$2,800,000


$2,300,000


$900,000


$1,400,000


$2,100,000


NA


$2,716,888


$925,000


$1,850,000


$825,000




Average Sales Price


$1,811,250


$1,290,833


$900,000


$1,115,815


$1,567,296


NA


$1,477,494


$925,000


$1,850,000


$825,000




Average SP/Sq. Ft.


$1,355


$1,065


$1,034


$1,093


$1,233


NA


$1,274


$699


$1,253


$624




Average DOM


373


216


203


207


262


NA


338


274


315


74




Average SP/LP


97


88


92


90


94


NA


99


93


93


84






View Recent Ritz-Carlton Residences Sales


Comments: In 2007, the Ritz-Carlton Kapalua underwent an extensive renovation. The North Wing was transformed into 107 luxurious, whole-ownership, one and two-bedroom condominiums originally called the Residential Suites.  This was done by combining two hotel rooms to create a one-bedroom residence, and three hotel rooms to create a two-bedroom residence. 


The Residential Suites were offered for sale in 2008, and 34 were purchased by private individuals before sales stopped shortly thereafter in 2009.


Since then, they have been rebranded, the Ritz-Carlton Residences, Kapalua. In 2014, the hotel was sold to Honolua Associates, a partnership between two capital companies.  


In 2018, Ares and Trinity sold to Blackstone Real Estate Group.  With the hotel, the new ownership group acquired 61 unsold Ritz-Carlton Residences. The group also owns the Grand Wailea Hotel. At this time, there are no developer sales, and only resales are in MLS.  


For more information on the oceanfront condominiums in Kapalua, or any other Kapalua Condos for Sale, please contact me.


Care was taken when preparing this information, which was taken from the Maui MLS except where noted.  The data is deemed reliable but is subject to change, and should be independently verified.
 ]]> </description>
    <pubDate>Sat, 20 Nov 2021 18:06:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/alaeloa-market-update-november-2021.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/alaeloa-market-update-november-2021.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Alaeloa: Market Update November 2021</title>
    <description> <![CDATA[ 
Alaeloa: Napili, Maui, Market Update





Alaeloa is truly one of my favorite properties and one of Maui's hidden gems...an enclave of just 42 single and duplex residences on 13 acres, this private, gated community is situated on a private oceanfront cove in Napili.  Through a large mango grove there is direct access to a crescent beach and the surf break at Little Makaha.  Overlooking the bay, there is a recreation area for owners including a large heated saline pool, a Pavilion with kitchen, bathrooms and showers, and kayak storage. 


Alaeloa Real Estate Market Overview for 2021


Current Listings*: 1 PendingPrice Range: $1,295,000 LeaseholdSales YTD:  6Sales Range: $1,175,000 to $3,500,000 LeaseholdSales Volume: $12,705,000Average Sales Price: $2,117,500 Leasehold


VIEW ALAELOA SALES






Status


Unit


List Price


Sold Price


Close Date


Beds


Baths


Liv-SF


DOM


$/Sq. Ft.


MLS 


Tenure




PENDING


3


$1,275,000


 


 


2


2


1,128


95


$1,130


392670


Leasehold




SLD


30


$2,100,000


$2,150,000


2/16/21


2


2


1,400


50


$1,536


389787


Leasehold




SLD


29


$1,980,000


$1,930,000


4/1/21


2


2


1,368


38


$1,411


390478


Leasehold




SLD


44


$1,175,000


$1,175,000


7/2/21


2


2


1,128


45


$1,042


392203


Leasehold




SLD


23


$2,750,000


$2,750,000


7/9/21


3


2


1,276


53


$2,155


391530


Leasehold




SLD


6


$1,200,000


$1,200,000


7/30/21


2


2


1,430


301


$839


389337


Leasehold




SLD


9


$3,500,000


$3,500,000


10/15/21


4


4


4,000


162


$875


391392


Leasehold






Sales in 2021 have picked up dramatically at Alaeloa over 2020, as they did with most all of the markets on Maui.  However, it should be noted that with such a limited number of units, the low sales in 2020 and 2019 may be indicative of supply vs. demand. Alaeloa saw quite a bit of turnover in 2016, and then modest turnover (approximately 5 of the community) in 2017, 2018, and 2020. 


As Alaeloa offers both oceanfront and ocean view condominium residences, as well single units and duplexes, there is a broad variation in values.  This year, the high oceanfront sale was Alaeloa 23, which closed at $2,750,000.  Alaeloa 9 is a record high sale, however, it is unusual in that the property has its own gated entrance and had a considerably larger floor plan than we typically see.    Alaeloa offers the feeling of a private home, with condominiumized grounds, which is attractive to buyers seeking the privacy of a home and the ease of maintenance of a condominium.    


How does 2021 compare to prior years?






ALAELOA


2021


2020


2019


2018


2017


2016




Sales Volume


$12,705,000


$3,625,000


0


$3,225,000


$4,885,000


$5,397,799




Number of Sales


6


2


0


2


3


6




Low Sales Price


$1,175,000


$1,225,000


NA


$875,000


$690,000


$610,299




Average Sales Price


$2,117,500


$1,812,500


NA


$1,612,500


$1,628,333


$899,633




High Sales Price


$3,500,000


$2,400,000


NA


$2,350,000


$2,195,000


$1,875,000




Average SP/Sq. Ft.


$1,310


$1,108


NA


$1,264


1044


$648




Average DOM


108


39.5


NA


48


163


113






What is the Leasehold Agreement at Alaeloa?


A leasehold interest is created when the owner of a property enters into an agreement to lease the property for a specified period of time. As the purchaser of a leasehold property, you are acquiring the right to occupy and use the leased property for a specified period of time stated in the lease agreement. 


The Alaeloa leasehold estate was created in 1965 and runs to December 31, 2059. Ground leases are determined every ten years by the appraised value of the property as if it were unencumbered and there were no improvements on the property. The Alaeloa lease stipulates that ground rents are determined by the agreed-upon appraised value times a specified interest rate or the then prevailing rate of similar properties similarly located. 


Ground leases will be established from 2020 through 2024, 2025 through 2034, 2035 through 2044, and 2045 through 2059. Most leases contain a surrender clause that states that the land and improvements revert back to the landowner at the expiration of the lease and there is no guarantee that a leasehold property will not revert unless agreed upon and advertised as Leasehold-Fee Available. However, some Lessors are negotiating with Lessees to extend the leases and in some cases we are seeing leasehold properties being converted to fee simple ownership, meaning in a condominium you own the unit as well as a percentage interest in the fee (land) and its improvements.  


We recommend purchasers of leasehold property seek legal counsel to review the ground lease agreements and leasehold documents.  Read More about Purchasing Leasehold Property in Hawaii


Are short term rentals allowed at Alaeloa?


As of the date of this post, short term rentals are allowed per the CC&amp;Rs and the County of Maui's ordinance 4369. Alaeloa has a longstanding rental policy with a minimum of a 30 day rental (or no more than one rental per 30 day period).  Read more


*All data above is taken from the MLS at the time of this post.  Alaeloa is a leasehold property.


ALAELOA CONDOS FOR SALE



 ]]> </description>
    <pubDate>Fri, 19 Nov 2021 15:42:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/market-spotlight-pineapple-hill-kapalua-112021.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/market-spotlight-pineapple-hill-kapalua-112021.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Market Spotlight: Pineapple Hill, Kapalua | November, 2021</title>
    <description> <![CDATA[ 
Pineapple Hill, Kapalua, Maui: Market Update, November 2021





 


About Pineapple Hill:


Pineapple Hill is one of the resort's most popular residential communities, with a coveted location in the heart of the Kapalua Resort.  Originally developed as 99 homesites, the first phase is comprised of homes on lots of approximately a quarter acre, although there are six larger homes built on two or three contiguous lots.   There are currently 85 homes and 7 undeveloped lots in Phase 1.


In 2001, 31 homesites in Pineapple Hill Estates were annexed into the development.  Known as Phase 2, this seciton of Pineapple Hill is comprised of lots approximately a half an acre in size.  There are 27 homes and 4 undeveloped lots in Phase 2.


Pineapple Hill and Pineapple Hill Estates owners enjoy access to a community pool, tennis and pickleball courts, and beautifully landscaped grounds.  The two phases are gated and there is an onsite manager.


Pineapple Hill Market Overview: Where are we now, and how has the market changed?


Home inventory in Pineapple Hill and Pineapple Hill Estates continues to be very low with just three homes actively listed for sale, all in Pineapple Hill Phase I.  One is situated on single lots, listed at $2,795,000. There are two homes, each on a double lot listed at $7,900,000 and $7,950,000.  There is one home pending at a list price of $2,999,000. View Pineapple Hill Homes for Sale


There are just two vacant lot listings, both of which are in Phase I.  One listed at $879,000 to $1,090,000.  There is one pending sale in MLS, a Pineapple Hill Estates (Phase II) lot listed at $1,200,000.   With so few lots remaining and low listing inventory the sales history on lots is far more sparse, with only one sale in 2020 and one so far in 2021.  


PINEAPPLE HILL HOMES


Pineapple Hill &amp; Pineapple Hill Home Sales Year to Date






Status


Address


List Price


Sold Price


Closing Date


Bds


Bths


Liv A SF


Land Acres


Days On Market


Price Per SQFT


Year Built House


MLS 




SLD


708 Fairway Dr


$2,825,000


$2,700,000


1/5/21


3


3.5


3,238


0.20


22


$834


1988


389627




SLD


1214 Summer Rd


$2,950,000


$2,700,000


1/25/21


3


3.5


3,598


0.26


182


$750


1994


387922




SLD


114 WOODROSE Pl


$2,330,000


$2,062,500


2/25/21


3


4


3,560


0.35


288


$579


1997


387021




SLD


508 Pacific Dr


$2,850,000


$2,550,000


2/26/21


4


4.5


4,105


0.21


141


$621


1999


388871




SLD


1212 Summer Rd


$5,900,000


$4,850,000


3/31/21


8


8.5


8,174


0.79


299


$593


2000


387279




SLD


1202 Summer Rd


$3,750,000


$3,700,000


4/9/21


3


3


3,586


0.30


71


$1,032


2003


390126




SLD


310 Cook Pine Dr


$2,500,000


$2,460,000


4/23/21


3


3.5


3,626


0.24


54


$678


1998


391230




SLD


504 Pacific Dr


$2,495,000


$2,395,000


5/11/21


3


3


2,877


0.24


172


$832


1988


389363




SLD


708 FAIRWAY Dr


$2,925,000


$2,925,000


5/25/21


3


3.5


3,238


0.20


0


$903


1988


391650




SLD


710 Fairway Dr


$2,698,000


$2,750,000


6/17/21


3


3.5


3,666


0.20


87


$750


1990


390828




SLD


112 PULELEHUA St


$3,450,000


$3,350,000


7/6/21


3


2.5


4,504


0.47


563


$744


2002


385476




SLD


618 Silversword Dr


$3,995,000


$3,995,000


7/28/21


3


4


4,071


0.24


47


$981


1998


391842




SLD


102 Woodrose Pl


$2,600,000


$2,525,000


8/3/21


3


3.5


3,812


0.26


130


$662


1988


390902




SLD


330 Cook Pine Dr


$4,995,000


$4,500,000


11/5/21


4


4.5


4,723


0.49


140


$953


1990


392014






Pineapple Hill Home Sales: YTD 2021 vs. YTD 2020






Pineapple Hill Home Sales Through 11.11.21


2021 YTD


2020 YTD


Change




Numer of Sales


14


5


+180




Average Sales Price


$3,104,464


$2,439,200


+27




Average Sales Price/Sq. ft.


$780


$628


+24




Average DOM


156


181


-13






Pineapple Hill Home Sales: A Five Year Perspective






Pineapple Hill Homes


2021 YTD


2020


2019


2018


2017




Numer of Sales


14


10


 15


4


6




Average Sales Price


$3,104,464


$2,718,700


$2,388,935


$2,387,500


$2,524,167




Average Sales Price/Sq. ft.


$780


$696


 $692


$588


$680




Average DOM


156


137


 262


325


219






Homes in Pineapple Hill are very desirable, as evidenced by low inventory and homes spending less time on the market. 


Once the quarantine requirements were lifted in October 2020, we began to see more sales and sales volume, average sales price, and sales price/sq. ft., increased dramatically in 2021. It is not surprising there are fewer sales in 2020 as travel restrictions were in place for the better part of six months.  Only two sales occurred during the travel restrictions, and half of the year's sales occurred after the state implemented its pre-travel testing program.


PINEAPPLE HILL VACANT LOT SALES: A TEN YEAR HISTORY






Status


Address


List Price


Sold Price


Closing Date


Land Acres


Days On Market


Price Per SQFT


MLS 




SLD


216 CRESTVIEW RD


$795,000


$630,000


4/14/11


0.28


485


$52


340653




SLD


226 Crestview RD


$950,000


$950,000


5/24/11


0.44


152


$50


346359




SLD


626 SILVERSWORD DR


$1,150,000


$1,075,000


11/9/12


0.24


650


$104


346790




SLD


624 SILVERSWORD DR


$1,200,000


$1,098,000


5/15/13


0.23


165


$111


354359




SLD


306 COOK PINE Dr


$1,050,000


$950,000


12/30/20


0.25


314


$87


386155




SLD


230 Crestview Rd


$1,195,000


$1,195,000


10/11/21


0.45


97


$61


392228






For more information on homes and land for sale in Pineapple Hill, please contact Courtney Brown, R(S)


PINEAPPLE HILL HOMES FOR SALE



 ]]> </description>
    <pubDate>Thu, 11 Nov 2021 17:40:00 -1000</pubDate>
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