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

119 Properties Found. Page 1 of 10

Wow! If You'd Like To Own A Spectacular Place O...

NEW Photo of Listing #405753

$1,180,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 5.01 Acres
  • 878 ft²

Residential

110 Kaanapali Shores Pl, Unit 101, Kaanapali, HI

MLS® #405753

Listed By: Keller Williams Realty Maui-Ki
Office Contact: Cell: 808-298-3416

Wow! If You'd Like To Own A Spectacular Place On Maui...this Is It! Spoil Yourself With This Beautiful Direct Oceanfront, Ground Floor Condo At The Private And Prestigious Mahana! Coastal Beachfront Living On North Kaanapali Beach. Tucked Away, This Is Tur...

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Welcome To Kaanapali Shores—a Premier Hotel-zon...

NEW Photo of Listing #405755

$1,188,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 964 ft²

Residential

3445 Lower Honoapiilani Rd, Unit 652, Kaanapali, HI

MLS® #405755

Listed By: Maui Luxury Real Estate LLC

Welcome To Kaanapali Shores—a Premier Hotel-zoned Beachfront Resort That Seamlessly Combines Tropical Elegance, Comfort, And Convenience. This Inviting 2-bedroom, 2-bathroom End Unit Boasts Ocean Views And A Floor Plan That Allows For Abundant Natural Light...

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Exceptional Ocean View, With The Islands Of Lan...

NEW Photo of Listing #405774

$1,325,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 10 Acres
  • 1,152 ft²

Residential

150 Puukolii Rd, Unit 6, Kaanapali, HI

MLS® #405774

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-276-6061

Exceptional Ocean View, With The Islands Of Lanai And Molokai As A Back Drop, Along With Being A Golf Course Fronting, Single Story, Corner Unit, With No One Above You. This Spectacular 2 -bedroom 2 Bath Unit Is Being Sold For The First Time Since 1975. T...

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Beautifully Renovated Upstairs Corner Unit In T...

NEW Photo of Listing #405738

$1,975,000 Active Fee Simple

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

Residential

50 Puu Anoano St, Unit 1006, Kaanapali, HI

MLS® #405738

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

Beautifully Renovated Upstairs Corner Unit In The Gated Masters Community, The Masters 1006 Overlooks The 13th Fairway Of The Royal Kaanapali Golf Course. This 2 Bed, 2 Bath Condo Features A Stunning Panoramic Ocean View. Upgrades Include A Gourmet Kitchen ...

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Premiere Location On The 3rd Floor Of The Konea...

NEW Photo of Listing #405715

$4,175,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 34.82 Acres
  • 1,610 ft²

Residential

130 Kai Malina Pkwy, Unit 329, Kaanapali, HI

MLS® #405715

Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-283-8771

Premiere Location On The 3rd Floor Of The Konea Building—offering A Wonderful Connection To The Inner Courtyard Activities And Creating An Ideal Setting For “people Watching”, Whether In The Apartment Or On The Lanai. The Front Door Is Just Steps From The E...

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Welcome To Unit 4-702, A One-of-a-kind Opportun...

NEW Photo of Listing #405705

$2,650,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit 4-702, Kaanapali, HI

MLS® #405705

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-385-1528

Welcome To Unit 4-702, A One-of-a-kind Opportunity To Own A Beachfront Condo At The Renowned Kaanapali Alii, Located On The 7th Floor Of Building 4. This Unit Was The Original Model Unit When The Kaanapali Alii Was First Built, And Has Been Owned By The Sam...

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Whaler 1001 Stands As One Of The Most Coveted A...

NEW Photo of Listing #405709

$3,250,000 Active Fee Simple

  • 1 Beds
  • 2 Baths
  • 6.67 Acres
  • 941 ft²

Residential

2481 Kaanapali Pkwy, Unit 1001, Kaanapali, HI

MLS® #405709

Listed By: Berkshire Hathaway Maui Prop-L

Whaler 1001 Stands As One Of The Most Coveted And Irreplaceable Locations In All Of West Maui. Perched On The Front Row Corner Of The North Tower, This Rare 1-bedroom, 2-bathroom Residence Occupies The Prized “01” Stack—an Offering So Exclusive, Units Here ...

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This Is A One-of-a-kind Unit In The Masters Gat...

Photo of Listing #405669

$1,649,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,269 ft²

Residential

50 Puu Anoano St, Unit 4201, Kaanapali, HI

MLS® #405669

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

This Is A One-of-a-kind Unit In The Masters Gated Community, With Beautiful Ocean Views From The Living Area, Kitchen, Primary Bedroom And Lanai! A Unique Ladder Loft, Completely Finished With Bamboo Wood Flooring, Upgraded Windows, Decorated And Furnished,...

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This Beautiful Ground Floor, Ocean Front, Studi...

Photo of Listing #405620

$875,000 Active Fee Simple

  • 1 Baths
  • 5.01 Acres
  • 456 ft²

Residential

110 Kaanapali Shores Pl, Unit 102, Kaanapali, HI

MLS® #405620

Listed By: Platinum Properties Hawaii,LLC

This Beautiful Ground Floor, Ocean Front, Studio Unit Offers A Spectacular Ocean And Sunset Views. The Convenient 1st Floor Location Allow For Easy Access To The Beach And Pool. No Elevator Needed! The Mahana Is An Unusual Property Featuring All Direct Ocea...

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Unit 108 At Maui Ka'anapali Villas Is A Beautif...

Photo of Listing #405591

$1,395,000 Active Fee Simple

  • 2 Beds
  • 2½ Baths
  • 37.9 Acres
  • 997 ft²

Residential

45 Kai Ala Dr, Unit A108, Kaanapali, HI

MLS® #405591

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-283-3067

Unit 108 At Maui Ka'anapali Villas Is A Beautifully Furnished 2 Bedroom, 2.5 Bathroom Ground-floor Condo Located In The Sought-after Aloha Tower. This Spacious And Inviting Residence Combines The Ease Of Condominium Living With The Feel Of A Luxury Resort, ...

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Whaler 720- Available To See On April 24 And Ap...

Photo of Listing #405599

$1,495,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 6.67 Acres
  • 901 ft²

Residential

2481 Kaanapali Pkwy, Unit 720, Kaanapali, HI

MLS® #405599

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-870-2525

Whaler 720- Available To See On April 24 And April 25. Welcome To Whaler At Kaanapali Beach! This Stunning Seventh-floor Unit Offers Breathtaking Ocean Views That Stretch Out Towards The Enchanting Island Of Molokai, Promising A Unique And Captivating Scene...

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Welcome To Your Maui Getaway! This Spacious One...

Photo of Listing #405583

$1,050,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 11.46 Acres
  • 920 ft²

Residential

45 Kai Ala Dr, Unit A302, Kaanapali, HI

MLS® #405583

Listed By: eXp Realty
Office Contact: Cell: 808-315-1699

Welcome To Your Maui Getaway! This Spacious One-bedroom Pet Friendly Condo, Located On The Third Floor Of The Aloha Tower At Maui Kaanapali Villas, Offers A Quintessential Hawaiian Experience. Just Steps From The Pristine White Sands Of Kaanapali Beach And ...

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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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