Kaanapali Resort Condominium Market Update: Q2 | 2023

Posted by Courtney M. Brown on Thursday, July 27th, 2023 at 12:48pm.

KAANAPALI CONDOMINIUM MARKET UPDATE: Q2 2023 

Kaanapali Condos for Sale

Kaanapali Resort Condominiums

Kaanapali Condominiums

Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.

Kaanapali Resort Condos Q2 2023 2022 2021 2020 2019 2018
Number of Sales 39 148 237 159 168 173
Volume $66,617,900 $247,257,475 $321,700,298 $212,877,531 $205,331,916 $191,084,387
Low Sales Price $600,000 $325,000 $318,000 $319,000 $240,000 $159,000
High Sales Price $5,525,000 $5,899,000 $5,400,000 $3,300,000 $4,995,000 $5,725,000
Median $1,500,000 $1,412,500 $995,000 $1,050,000 $952,500 $801,000
Average SP $1,708,151 $1,670,659 $1,357,385 $1,338,852 $1,222,214 $1,104,534
Average SP/Sq. Ft. $1,597 $1,486 $1,158 $955 $1,010 $955
Average DOM 111 90 127 248 218 170
Average SP/LP 97% 98% 98% 96% 97% 96%
There are a mix of leasehold and fee simple condominiums in Kaanapali      

How does the market through the second quarter of 2023 stack up for each community as compared with prior years?

A FIVE-YEAR OVERVIEW

Honua Kai

Honua Kai: condos for sale All Buildings

Honua Kai Q2 2023 2022 2021 2020 2019 2018
Sales 11 45 63 72 57 40
Volume $24,458,000 $112,632,875 $121,182,648 $137,972,250 $91,809,500 $64,235,287
Low SP $1,220,000 $1,150,000 $807,500 $735,000 $774,000 $695,000
High SP $5,525,000 $5,899,000 $5,400,000 $3,199,000 $3,300,000 $5,725,000
Median SP $1,975,000 $1,900,000 $1,550,000 $2,119,750 $1,700,000 $1,120,000
Average SP $2,223,455 $2,502,953 $1,923,534 $1,916,281 $1,610,693 $1,605,882
Average SP/Sq. Ft $2,184 $2,154 $1,498 $1,139 $1,190 $1,357
Average DOM 119 97 137 404 318 117
Average SP/LP 97% 98% 98% 98% 98% 98%

International Colony Club

International Colony Club condos for sale

 

International Colony Club Q2 2023 2022 2021 2020 2019 2018
Sales 0 0 5 1 1 9
Volume 0 0 $3,150,000 $575,000 $618,000 $4,749,500
Low SP NA NA $600,000 $575,000 $618,000 $388,500
High SP NA NA $680,000 $575,000 $618,000 $640,000
Median SP NA NA $620,000 $575,000 $618,000 $501,000
Average SP NA NA $630,000 $575,000 $618,000 $527,722
Average SP/Sq. Ft NA NA $556 $614 $445 $495
Average DOM NA NA 143 127 237 268
Average SP/LP NA NA 100% 96% 98% 93%

 

Kaanapali Alii

Kaanapali Alii condos for sale

Kaanapali Alii Q2 2023 2022 2021 2020 2019 2018
Sales 3 12 27 9 16 15
Volume $8,450,000.00 $31,841,600 $66,456,000 $18,215,000 $39,230,000 $39,762,000
Low SP $2,350,000.00 $1,020,000* $918,000* $1,200,000 $1,100,000 $1,200,000
High SP $3,650,000.00 $4,596,600 $5,000,000 $3,300,000 $4,995,000 $4,800,000
Median SP $2,700,000.00 $2,387,500 $2,300,000 $1,700,000 $2,147,500 $2,525,000
Average SP $2,816,667.00 $2,653,467 $2,461,333 $2,023,889 $2,451,875 $2,650,000
Average SP/Sq. Ft $1,832.00 $1,739 $1,595 $1,248 $1,560 $1,655
Average DOM 57 97 125 129 213 202
Average SP/LP 98.00% 96% 97% 92% 95% 94%

 

Kaanapali Plantation

Kaanapali Plantation condos for sale

Kaanapali Plantation Q2 2023 2022 2021 2020 2019 2018
Sales 1 9 11 4 3 5
Volume $1,375,000.00 $11,244,000 $8,570,250 $3,190,000 $2,039,000 $3,455,000
Low SP $1,375,000.00 $860,000 $448,000 $755,000 $629,000 $625,000
High SP $1,375,000.00 $1,500,000 $1,200,000 $870,000 $780,000 $765,000
Median SP $1,375,000.00 $1,325,000 $731,250 $782,500 $630,000 $675,000
Average SP $1,375,000.00 $1,249,333 $779,114 $797,500 $679,667 $691,000
Average SP/Sq. Ft $1,194.00 $979 $595 $558 $544 $573
Average DOM 77 60 129 127 $282 66
Average SP/LP 92% 97% 98% 95% 97% 99%

 

Kaanapali Royal

Kaanapali Royal condos for sale

Kaanapali Royal Q2 2023 2022 2021 2020 2019 2018
Sales 1 2 3 6 9 7
Volume $1,750,000 $2,455,000 $2,792,000 $4,372,500 $6,997,750 $5,462,200
Low SP $1,750,000 $1,160,000 $820,000 $350,000* $705,000 $710,000
High SP $1,750,000 $1,295,000 $1,100,000 $850,000 $864,750 $875,000
Median SP $1,750,000 $1,227,500 $872,000 $795,000 $765,000 $785,000
Average SP $1,750,000 $1,227,500 $930,667 $728,750 $777,528 $780,314
Average SP/Sq. Ft $1,010 $805 $571 $478 $504 $511
Average DOM 70 35 99 99 101 122
Average SP/LP 89% 108% 103% 97% 97% 99%
* Leasehold sales in 2017 and 2020          

 

Kaanapali Shores

Kaanapali Shores condos for sale

 

Kaanapali Shores Q2 2023 2022 2021 2020 2019 2018 2017
Sales 9 29 33 15 15 33 24
Volume $10,049,900 $26,657,500 $25,358,000 $9,727,381 $9,938,167 $18,452,900 $13,891,140
Low SP $650,000* $325,000* $318,000* $320,000* $365,000 $159,000* $200,000*
High SP $2,500,000 $2,360,000 $2,125,000 $950,000 $997,000 $1,780,000 $1,554,840
Median SP $950,000 $810,000 $700,000 $645,000 $557,500 $553,000 $520,000
Average SP $1,116,656 $919,224 $768,424 $635,159 $621,135 $559,179 $578,798
Average SP/Sq. Ft $1,252 $1,098 $931 $781 $830 $702 $708
Average DOM 126 91 145 142 117 165 167
Average SP/LP 97% 98% 98% 95% 97% 96% 96%
*There were leasehold sales every year.  Low is marked with the asterisk        

 

The Mahana at Kaanapali

The Mahana at Kaanapali condos for sale

Mahana Q2 2023 2022 2021 2020 2019 2018
Sales 6 21 12 5 9 11
Volume $9,357,500.00 $26,241,500 $14,372,400 $4,858,000 $8,302,000 $8,782,000
Low SP $1,175,000.00 $772,500 $725,000 $640,000 $625,000 $550,000
High SP $3,005,000.00 $2,300,000 $1,725,000 $1,650,000 $1,850,000 $990,000
Median SP $1,248,750.00 $1,160,000 $1,197,500 $880,000 $825,000 $825,000
Average SP $1,559,583.00 $1,249,595 $1,197,708 $971,600 $922,444 $798,364
Average SP/Sq. Ft $1,682.00 $1,591 $1,330 $1,314 $1,174 $1,135
Average DOM 130 78 253 161 140 77
Average SP/LP 98% 97% 97% 96% 98% 97%

 

Maui Eldorado

Maui Eldorado condos for sale

Maui Eldorado Q2 2023 2022 2021 2020 2019 2018
Sales 2 10 12 10 12 9
Volume $1,850,000.00 $7,011,000 $6,803,500 $4,302,500 $4,766,000 $3,044,012
Low SP $600,000.00 $415,000 $345,000 $240,000 $240,000 $210,000
High SP $1,250,000.00 $1,137,500 $965,000 $835,000 $835,000 $610,000
Median SP $925,000.00 $616,250 $460,750 $403,750 $332,500 $327,901
Average SP $925,000.00 $701,100 $566,958 $430,250 $397,167 $316,111
Average SP/Sq. Ft $746.53 $657 $559 $458 $458 $287
Average DOM 59.5 64 131 79 79 251
Average SP/LP 97.00% 101% 98% 96% 96% 91%

 

Maui Kaanapali Villas

Maui Kaanapali Villas condos for sale

 

Maui Kaanapali Villas Q2 2023 2022 2021 2020 2019 2018
Sales 0 6 15 10 5 12
Volume 0 $4,615,000 $9,598,900 $5,884,400 $3,695,000 $6,382,500
Low SP NA $400,000 $345,000 $432,500 $430,000 $285,000
High SP NA $1,100,000 $915,000 $799,000 $1,050,000 $1,797,000
Median SP NA $767,500 $625,000 $487,450 $760,000 $417,500
Average SP NA $769,167 $639,927 $588,440 $739,000 $531,875
Average SP/Sq. Ft NA $1,154 $985 $889 $932 $747
Average DOM NA 111 64 54 49 278
Average SP/LP NA 99% 98% 98% 100% 97%

 

Maui Kai

Maui Kai condos for sale

The Masters at Kaanapali Hillside

The Masters at Kaanapali Hillside condos for sale

 

Masters Q2 2023 2022 2021 2020 2019 2018
Sales 5 17 31 15 18 16
Volume $8,190,000.00 $25,371,000 $34,802,000 $13,586,500 $15,498,500 $17,310,000
Low SP $1,400,000.00 $900,000 $675,000 $575,000 $550,000 $540,000
High SP $1,990,000.00 $2,175,000 $1,929,000 $1,300,000 $1,400,000 $1,500,000
Median SP $1,500,000.00 $1,565,000 $1,107,000 $945,000 $852,000 $1,127,500
Average SP $1,638,000.00 $1,492,412 $1,122,645 $905,766 $861,028 $1,081,875
Average SP/Sq. Ft $1,074.00 $989 $796 $639 $660 $690
Average DOM 190 62 133 97 225 164
Average SP/LP 92.00% 100% 98% 95% 95% 93%

 

The Vintage at Kaanapali

The Vintage condos for sale

 

Vintage Q2 2023 2022 2021 2020 2019 2018
Sales 1 3 7 4 6 6
Volume $1,800,000 $5,190,000 $9,734,000 $4,573,000 $6,840,999 $6,445,000
Low SP $1,800,000 $1,200,000 $1,100,000 $950,000 $890,999 $801,000
High SP $1,800,000 $1,995,000 $1,620,000 $1,375,000 $1,425,000 $1,400,000
Median SP $1,800,000 $1,995,000 $1,360,000 $1,124,000 $1,125,000 $1,120,000
Average SP $1,800,000 $1,730,000 $1,390,571 $1,143,250 $1,140,167 $1,074,167
Average SP/Sq. Ft $890 $797 $693 $621 $610 $546
Average DOM 191 203 87 148 237 141
Average SP/LP 92% 97% 99% 96% 94% 95%

 

The Whaler at Kaanapali Beach

The Whaler at Kaanapali Beach condos for sale

Whaler Q2 2023 2022 2021* 2020 2019 2018
Sales 2 8 24 7 16 17
Volume $2,485,000 $14,931,500 $29,712,000 $7,480,000 $19,000,000 $19,765,000
Low SP $1,085,000 $1,080,000 $500,000 $795,000 $750,000 $620,000
High SP $1,400,000 $3,970,000 $3,650,000 $1,250,000 $2,750,000 $2,150,000
Median SP $1,242,500 $1,575,000 $945,500 $1,100,000 $945,000 $1,100,000
Average SP $1,242,500 $1,866,438 $1,238,000 $1,068,571 $1,187,500 $1,162,647
Average SP/Sq. Ft $2,292 $1,959 $1,524 $1,266 $1,380 $1,318
Average DOM $36 85 116 150 173 165
Average SP/LP 108% 98% 98% 91% 95% 94%
*Leasehold Sale occurred in this year          

If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities

155 Properties Found. Page 1 of 13

Experience The Pinnacle Of West Maui Luxury In ...

NEW Photo of Listing #408589

$2,495,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 34.82 Acres
  • 1,280 ft²

Residential

130 Kai Malina Pkwy 919, Kaanapali, HI

MLS® #408589

Listed By: Maui Resort Realty
Office Contact: Cell: 808-281-6619

Experience The Pinnacle Of West Maui Luxury In Honua Kai Konea 919, An Exceptional Two-bedroom, Two-bathroom Sanctuary Defined By Its Privacy And Breathtaking Panoramas. This High-floor Suite Boasts A Spacious, Open-concept Floor Plan Designed So That Every...

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Superb 9th Floor View Unit Of Ocean, Sandy Gold...

NEW Photo of Listing #408557

$3,300,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,523 ft²

Residential

50 Nohea Kai Dr 1-904, Kaanapali, HI

MLS® #408557

Listed By: Keller Williams Realty Maui-Ka
Office Contact: Cell: 808-385-0882

Superb 9th Floor View Unit Of Ocean, Sandy Golden Beach, Perched Over The Tranquil Inner Courtyard And Pools Of Legacy Visitor Property Kaanapali Alii At The Center Of Kaanapali Beach! Beautifully Appointed, This 2 Bedroom 2 Bath Private Ownership Condo At...

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Welcome To The Masters, One Of Kaanapali’s Most...

NEW Photo of Listing #408535

$1,815,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,544 ft²

Residential

50 Puu Anoano St 2302, Kaanapali, HI

MLS® #408535

Listed By: Maui Resort Realty
Office Contact: Cell: 808-281-6619

Welcome To The Masters, One Of Kaanapali’s Most Cherished Communities, Known For Sweeping Ocean Views, Lush Tropical Landscaping, And A Serene, Low-density Setting. The Property Spans 37 Acres And Features Two Saltwater Pools And Hot Tubs, Four Tennis Court...

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Exceptional Value At Kaanapali Alii Condominium...

NEW Photo of Listing #408542

$2,050,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,345 ft²

Residential

50 Nohea Kai Dr 4-303, Kaanapali, HI

MLS® #408542

Listed By: Kaanapali Resort Realty LLC

Exceptional Value At Kaanapali Alii Condominium. Priced At The Low End Of The Market, Unit #433 Offers One Of The Best Combinations Of Price, Livability, And Location Currently Available At The Kaanapali Alii Condominium. This Nicely Upgraded 1-bedroom, 2-...

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Beautiful Turn-key Studio With A Partial Ocean ...

NEW Photo of Listing #408545

$784,000 Active Fee Simple

  • 1 Baths
  • 11.46 Acres
  • 544 ft²

Residential

45 Kai Ala Dr C106, Kaanapali, HI

MLS® #408545

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-359-4245

Beautiful Turn-key Studio With A Partial Ocean View In The Highly Sought After Low-rise Coconut Building At Maui Kaanapali Villas Resort. Step Outside And Relax On Your Lanai. Maui Kaanapali Villas Offers Timeless Hawaii Charm And A Premier Beachfront Setti...

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Discover Your Hideaway In Kaanapali, One Of The...

NEW Photo of Listing #408517

$514,000 Active Leasehold

  • 1 Baths
  • 10.2 Acres
  • 570 ft²

Residential

2661 Kekaa Dr K110, Kaanapali, HI

MLS® #408517

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-359-4245

Discover Your Hideaway In Kaanapali, One Of The Most Coveted Resort Destinations In The World. Situated On The Kaanapali Kai Golf Course, Maui Eldorado Is Across The Green To Kaanapali Beach, And Is Close To Whaler’s Village For Shopping And Dining. K110 I...

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Trust Sale - Specific Terms Apply. Welcome To M...

NEW Photo of Listing #408520

$650,000 Active Fee Simple

  • 1 Baths
  • 1.72 Acres
  • 395 ft²

Residential

106 Kaanapali Shores Pl 1002, Kaanapali, HI

MLS® #408520

Listed By: Compass-W

Trust Sale - Specific Terms Apply. Welcome To Maui Kai #1002, A 10th-floor, Oceanfront, Hotel-zoned Studio At The Iconic Maui Kai Resort, Offering Expansive Views Of The Ocean, Molokai, And Lanai, Along With Unforgettable Year-round Sunsets. This Furnished ...

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Beautifully Updated 1 Bedroom, 1 Bathroom Condo...

Photo of Listing #408510

$599,900 Active Leasehold

  • 1 Beds
  • 1 Baths
  • 10.22 Acres
  • 960 ft²

Residential

2661 Kekaa Dr E204, Kaanapali, HI

MLS® #408510

Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-344-0180

Beautifully Updated 1 Bedroom, 1 Bathroom Condo At Maui Eldorado. The Spacious Lanai Offers Peek-a-boo Ocean Views, That Can Also Be Seen From The Bedroom And Living Room. Bathroom And Kitchen Have Been Updated Nicely. A Great Sized Unit For A 1/1. Close Pr...

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Rarely Does A 700 Sq Ft One-bedroom Partial Oce...

Photo of Listing #408479

$1,400,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 700 ft²

Residential

130 Kai Malina Pkwy Sr538, Kaanapali, HI

MLS® #408479

Listed By: Susan Jackson Real Estate
Office Contact: Cell: 865-206-1234

Rarely Does A 700 Sq Ft One-bedroom Partial Ocean View Home Become Available For Resale At Honua Kai. This Home Offers Both Magnificent West Maui Mountain Views In Addition To A Great Partial Ocean View Of Moloka’i. North Facing And Tucked Into A Protecti...

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Discover The Pinnacle Of West Maui Living In Th...

Photo of Listing #408484

$699,000 Active Leasehold

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 806 ft²

Residential

3445 Lower Honoapiilani Rd 905, Kaanapali, HI

MLS® #408484

Listed By: Island Sotheby's International Realty(L)
Office Contact: Cell: 808-495-6236

Discover The Pinnacle Of West Maui Living In This Stunning One-bedroom Beach-inspired Penthouse Unit At Ka’anapali Shores…a Premier Oceanfront Condominium Complex Resort. Unit 905 Has Been Thoughtfully Upgraded And Decorated With A Captivating Island Vibe. ...

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Welcome To Ka’anapali Ali’i, Unit 2-1002 Where ...

Photo of Listing #408485

$2,750,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,441 ft²

Residential

50 Nohea Kai Dr Ii1002, Kaanapali, HI

MLS® #408485

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-446-4551

Welcome To Ka’anapali Ali’i, Unit 2-1002 Where Meticulous Design Meets Natural Beauty. Located On The 10th Floor, This Masterfully Reimagined Residence Features A One-bedroom, Two-bathroom Retreat Plus A Versatile Den. Following An Extensive 2022 Renovation...

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Positioned At The Quiet End Of A Cul-de-sac Wit...

Photo of Listing #408486

$1,625,000 Active Fee Simple

  • 2 Beds
  • 2½ Baths
  • 37.9 Acres
  • 1,850 ft²

Residential

50 Puu Anoano St 3304, Kaanapali, HI

MLS® #408486

Listed By: Berkshire Hathaway Maui Prop-L

Positioned At The Quiet End Of A Cul-de-sac Within The Masters At Ka'anapali Hillside, Residence 3304 Enjoys A Commanding Elevated Setting Where The Land Falls Away Toward The Pacific, Creating A Dramatic Sense Of Openness And Privacy. Framed By Mature Trop...

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Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.

This blog post was updated on 7/28/23.  The MLS data charts were changed from a rolling 12 months to a rolling 6 months of data.

Courtney M. Brown, R(S) & Team
Vice President
Island Sotheby's International Realty

 

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