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

41 Properties Found. Page 1 of 4

Konea 820, A Two-bedroom Home Located On The So...

NEW Photo of Listing #399872

$1,925,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 34.82 Acres
  • 1,080 ft²

Condominium

130 Kai Malina Pkwy Nr820, Kaanapali, Hawaii

MLS® #399872

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

Konea 820, A Two-bedroom Home Located On The Southern Side Of The Konea Tower Is Now Available For Sale. This 8th Floor Home Has Been Meticulously Maintained By Its Owner. You Can Enjoy Both Fabulous Partial Ocean And Mountain Views From Its Lanai. Extra...

View Listing

Kaanapali Is A Highly Desirable Vacation Spot O...

Photo of Listing #399806

$1,624,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 7.13 Acres
  • 1,579 ft²

Condominium

2560 Kekaa Dr Q202, Kaanapali, Hawaii

MLS® #399806

Listed By: Living Maui Real Estate LLC
Office Contact: Cell: 808-359-1161

Kaanapali Is A Highly Desirable Vacation Spot On The Island Of Maui, Hawaii, Celebrated For Its Exceptional Location, Inviting Accommodations, And Abundant Recreational Offerings. Kaanapali Royal, Unit Q202 Overlooking The Royal Kaanapali Golf Course And Wh...

View Listing

Kaanapali Royal C102 Is Located In A Peaceful, ...

Photo of Listing #399814

$1,685,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 7.13 Acres
  • 1,579 ft²

Condominium

2560 Kekaa Dr C102, Kaanapali, Hawaii

MLS® #399814

Listed By: Coldwell Banker Island Prop(P)
Office Contact: Cell: 808-344-7208

Kaanapali Royal C102 Is Located In A Peaceful, Private Gated Community, Overlooking The Championship Kaanapali Royal Golf Course, Directly Across From The World-renowned Kaanapali Beach And Whalers Village. C102 Is A Spacious Two-bedroom, Two-bath Condo W...

View Listing

Konea 549 (a Three Bedroom / 3 Bath Home) Is No...

Photo of Listing #399800

$4,549,000 Active Fee Simple

  • 3 Beds
  • 3 Baths
  • 34.82 Acres
  • 1,930 ft²

Condominium

130 Kai Malina Pkwy Nr549, Kaanapali, Hawaii

MLS® #399800

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

Konea 549 (a Three Bedroom / 3 Bath Home) Is Now Available For Sale! It Comes Loaded With Recent Upgrades Such As A Newer Dishwasher, Refrigerator, Water Heater And Microwave. Enjoy Cooking From Simple To Gourmet Meals In Your Viking Kitchen. Watching Wha...

View Listing

Opportunity Knocking At Kaanapali's Favorite Be...

Photo of Listing #399719

$1,495,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 39.84 Acres
  • 765 ft²

Condominium

130 Kai Malina Pkwy Sr730, Kaanapali, Hawaii

MLS® #399719

Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-298-3820

Opportunity Knocking At Kaanapali's Favorite Beachfront Condominium, Honua Kai! This Resort Setting Has It All With Pools, Spas, Fitness Center, Duke's Beach House Restaurant And More. This Popular, Well Maintained 1 Bedroom/1 Bath Has Five Star Ratings F...

View Listing

Introducing An Extraordinary Opportunity To Own...

Photo of Listing #399697

$799,998 Active Fee Simple

  • 1 Baths
  • 1.72 Acres
  • 420 ft²

Condominium

106 Kaanapali Shores Pl 806, Kaanapali, Hawaii

MLS® #399697

Listed By: Coldwell Banker Island Prop(S)
Office Contact: Cell: 808-280-4115

Introducing An Extraordinary Opportunity To Own Your Own Slice Of Maui Oceanfront Paradise! Welcome To Maui Kai 806, A Stunning Furnished Studio Condo That Offers A Spacious Floor Plan Unlike Any Other In Its Category. Perched On The Eighth Floor, This Unit...

View Listing

Completely Remodeled Air Conditioned Second Flo...

Photo of Listing #399707

$575,000 Active Leasehold

  • 1 Baths
  • 10.2 Acres
  • 570 ft²

Condominium

2661 Kekaa Dr G204, Kaanapali, Hawaii

MLS® #399707

Listed By: Curtis Robb
Office Contact: Cell: 808-276-2098

Completely Remodeled Air Conditioned Second Floor Condo At The Maui Eldorado In Kaanapali In A Quiet Location With Ocean Views. Furnished With Everything Needed To Have You Or Your Guests Enjoy Their Stay In Kaanapali. Complete Kitchen With Upgraded Applian...

View Listing

Mahana At Kaanapali Is A Prestigious Oceanfront...

Photo of Listing #399690

$1,295,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 5.01 Acres
  • 820 ft²

Condominium

110 Kaanapali Shores Pl 304, Kaanapali, Hawaii

MLS® #399690

Listed By: Living Maui Real Estate LLC
Office Contact: Cell: 808-359-1161

Mahana At Kaanapali Is A Prestigious Oceanfront Resort Located In The Breathtaking Region Of Kaanapali On The Island Of Maui, Hawaii. This Luxurious Property Offers A Unique Blend Of Stunning Natural Beauty, Upscale Amenities, And Modern Comforts, Creating ...

View Listing

Fantastic Turn Key Short Term Rental Condo With...

Photo of Listing #399685

$1,039,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 1.72 Acres
  • 647 ft²

Condominium

106 Kaanapali Shores Pl 904, Kaanapali, Hawaii

MLS® #399685

Listed By: eXp Realty

Fantastic Turn Key Short Term Rental Condo With Stunning Views. As You Enter, You Are Greeted By A Spectacular Ocean And Island Views That Makes You Feel As If You Were On A Private Cruise Ship And Offers Amazing Privacy. New Exterior Lanai Windows And Micr...

View Listing

Fabulous 10th Floor Location At The Mahana With...

Photo of Listing #399688

$1,295,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 5.01 Acres
  • 820 ft²

Condominium

110 Kaanapali Shores Pl 1016, Kaanapali, Hawaii

MLS® #399688

Listed By: Keller Williams Realty Maui-L
Office Contact: 808-661-8777

Fabulous 10th Floor Location At The Mahana With Spectacular Ocean Views And The Neighbor Islands Of Lana'i And Moloka'i. Amazing Views Of The Pacific Ocean From Your Private Lanai, Living Area, Kitchen And Bedroom. Picture Perfect Spot To Watch Humpback Wha...

View Listing

Exceptional Location In Kaanapali! Maui Eldora...

Photo of Listing #399680

$539,000 Active Leasehold

  • 1 Baths
  • 10.2 Acres
  • 570 ft²

Condominium

2661 Kekaa Dr K109, Kaanapali, Hawaii

MLS® #399680

Listed By: eXp Realty

Exceptional Location In Kaanapali! Maui Eldorado Boasts The Best Beach On This Part Of The Coast. And The Beast Cabana For All The Guests Right On The Sandy Beach! There's No Other One Like It. Come Enjoy The Two Pools, The Daily Sunsets, The Calm Turqu...

View Listing

Take Advantage Of This Rare Opportunity To Own ...

Photo of Listing #399662

$3,475,000 Pending - Cont. To Show Fee Simple

  • 2 Beds
  • 2 Baths
  • 39.84 Acres
  • 1,320 ft²

Condominium

130 Kai Malina Pkwy Sr341, Kaanapali, Hawaii

MLS® #399662

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

Take Advantage Of This Rare Opportunity To Own A Specialty Wrap Around Lanai 2-bedroom Home At Honua Kai. Located On The Third Floor, You'll Enjoy Unobstructed Ocean Views From Inside Your Living And Kitchen Areas. The Oversized Wrap Around Lanai (340 Sq ...

View Listing

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

 

Print

Leave a Comment