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

162 Properties Found. Page 1 of 14

Discover The Ultimate Beachfront Lifestyle In T...

NEW Photo of Listing #408803

$1,095,000 Active Leasehold

  • 2 Beds
  • 2 Baths
  • 10.1 Acres
  • 1,078 ft²

Residential

3445 Lower Honoapiilani Rd 361, Kaanapali, HI

MLS® #408803

Listed By: Real Broker
Office Contact: Cell: 808-205-2787

Discover The Ultimate Beachfront Lifestyle In This Rarely Available 2 Bed 2 Bath Oceanfront Condo At Kaanapali Shores. Located In One Of The Best Locations In The Complex, Unit 361 Has Significant Upgrades And All New Modern Furnishings, While Offering Unob...

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Welcome To The Masters 2204, A Rare Top-floor R...

NEW Photo of Listing #408805

$1,650,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,512 ft²

Residential

50 Puu Anoano St 2204, Kaanapali, HI

MLS® #408805

Listed By: Real Broker
Office Contact: Cell: 808-205-2787

Welcome To The Masters 2204, A Rare Top-floor Residence In One Of Ka’anapali’s Most Coveted Communities. This Beautifully Updated 2 Bed, 2 Bath Home Offers 1,512 Sq. Ft. Of Living With Vaulted Ceilings, Skylights, And Fresh New Furnishings Throughout. With ...

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Mahana At Kaanapali Is A Prestigious Oceanfront...

NEW Photo of Listing #408764

$995,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl 518, Kaanapali, HI

MLS® #408764

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

Mahana At Kaanapali Is A Prestigious Oceanfront, Hotel-zoned Resort Ideally Positioned Along The World-famous Kaanapali Coastline On The Island Of Maui. Set Directly On The Water, The Property Offers Immediate Access To Miles Of Sandy Beach And The Scenic O...

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Mahana At Kaanapali Is A Premier Oceanfront, Ho...

NEW Photo of Listing #408767

$1,195,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl 907, Kaanapali, HI

MLS® #408767

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

Mahana At Kaanapali Is A Premier Oceanfront, Hotel-zoned Resort Located Directly On World-famous Kaanapali Beach. Set Along The Shoreline, The Property Offers Immediate Access To Sandy Beaches And The Scenic Oceanfront Walking Path Connecting To Whalers Vil...

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Experience The Ultimate Island Lifestyle At The...

NEW Photo of Listing #408769

$1,795,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr I301, Kaanapali, HI

MLS® #408769

Listed By: Gregory Harbottle Inc

Experience The Ultimate Island Lifestyle At The World-renowned Ka'anapali Ali'i Resort, Where Sophistication Meets The Serene Beauty Of One Of Maui’s Most Iconic Shorelines. This Is More Than A Residence; It Is A Gateway To The Best Of Ka'anapali. Comfortab...

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Mahana At Kaanapali Is A Premier Oceanfront, Ho...

NEW Photo of Listing #408771

$1,249,000 Active Fee Simple

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

Residential

110 Kaanapali Shores Pl 1017, Kaanapali, HI

MLS® #408771

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

Mahana At Kaanapali Is A Premier Oceanfront, Hotel-zoned Resort Located Directly On World-famous Kaanapali Beach. Known For Its Floor-to-ceiling Windows And Unmatched Proximity To The Shoreline, Mahana Offers Breathtaking Sunsets, Seasonal Whale Watching, A...

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The Epitome Of Beach Front Living In Kaanapali!...

Photo of Listing #408754

$3,150,000 Active Fee Simple

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

Residential

2481 Kaanapali Pkwy 1051, Kaanapali, HI

MLS® #408754

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-280-8986

The Epitome Of Beach Front Living In Kaanapali! Whaler 1051 Is Direct Oceanfront Boasting Unobstructed Views Of Lanai, Molokai, And Black Rock. Savor Afternoon Pupus And A Cool Beverage While You Enjoy The Spacious Wrap-around Lanai Of This Corner Location....

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Fee Simple Oceanfront Condo At Kaanapali Shores...

Photo of Listing #408780

$799,000 Active Fee Simple

  • 1 Beds
  • 1 Baths
  • 10.1 Acres
  • 717 ft²

Residential

3445 Lower Honoapiilani Rd 945, Kaanapali, HI

MLS® #408780

Listed By: Starts International Hawaii INC

Fee Simple Oceanfront Condo At Kaanapali Shores, One Of West Maui’s Premier Resort Destinations. Turnkey Unit Enrolled In The Resort Rental Program For Immediate, Professionally Managed Income Potential. Enjoy Two Pools, Hot Tubs, Fitness Center, On-site Di...

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This Is A Corner Unit Floorplan That Gives A L...

Photo of Listing #408695

$3,300,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,650 ft²

Residential

50 Nohea Kai Dr 4-706, Kaanapali, HI

MLS® #408695

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

This Is A Corner Unit Floorplan That Gives A Lofty Birdseye View Above The Beautiful Tropical Inner Courtyard Of Celebrated Kaanapali Alii Flush With The Ocean. Gaze Out Of The Sanctuary Of Your Maui Home Window To Blue Ocean And Stretches Of Golden Sands...

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Perched On The Top Row In One Of Ka'anapali Mas...

Photo of Listing #408702

$1,495,000 Active Fee Simple

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

Residential

50 Puu Anoano St 3408, Kaanapali, HI

MLS® #408702

Listed By: Berkshire Hathaway Maui Prop-L

Perched On The Top Row In One Of Ka'anapali Masters’ Most Coveted Locations, Residence 3408 Offers Breathtaking West-facing Ocean And Outer Island Vistas, Year-round Panoramic Sunsets, And Front-row Seats To Seasonal Whale Watching. Overlooking The Renowned...

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Kaanapali Shores #727 – Enjoy Exceptional Ocean...

Photo of Listing #408688

$1,300,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd 727, Kaanapali, HI

MLS® #408688

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

Kaanapali Shores #727 – Enjoy Exceptional Ocean Views From This Well-appointed 7th-floor, Two-bedroom, Two-bath Residence At Kaanapali Shores, Overlooking The Beautifully Landscaped Courtyard And Out Toward The Pacific. The Upgraded Kitchen Features Granite...

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Welcome To The Masters At Kaanapali, One Of Wes...

Photo of Listing #408624

$1,825,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 37.9 Acres
  • 1,728 ft²

Residential

50 Puu Anoano St 2902, Kaanapali, HI

MLS® #408624

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

Welcome To The Masters At Kaanapali, One Of West Maui’s Most Cherished Communities, Renowned For Its Sweeping Ocean Views, Lush Tropical Landscaping, And Tranquil, Low-density Setting. Enjoy Sparkling Pools And Tennis/pickleball Courts, Or Visit The Orchard...

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

 

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