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

118 Properties Found. Page 1 of 10

A Remarkable Value Proposition Has Emerged At T...

NEW Photo of Listing #406397

$3,100,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit I-904, Kaanapali, HI

MLS® #406397

Listed By: Gregory Harbottle Inc

A Remarkable Value Proposition Has Emerged At The Coveted Ka'anapali Ali'i Resort. Residence I-904, An Elegantly Remodeled Two-bedroom, Two-bathroom Ocean-view Home, Is Now Available. Its Prime Ninth-floor Position, Overlooking The Tranquil Interior Courtya...

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An Exceptional Opportunity Has Re-emerged At Th...

NEW Photo of Listing #406398

$3,300,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit Iv-706, Kaanapali, HI

MLS® #406398

Listed By: Gregory Harbottle Inc

An Exceptional Opportunity Has Re-emerged At The Esteemed Ka'anapali Ali'i Resort. Residence Iv-706, A Coveted Seventh-floor Sanctuary, Presents A Rare Second Chance For Ownership At A Compelling Value. From Its Picturesque Inner-courtyard Vantage Point In ...

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Kaanapali Shores 530 - This Exquisite Fifth-flo...

NEW Photo of Listing #406390

$695,000 Active Fee Simple

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

Residential

3445 Lower Honoapiilani Rd, Unit 530, Kaanapali, HI

MLS® #406390

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

Kaanapali Shores 530 - This Exquisite Fifth-floor Ocean View One-bedroom One-bath Unit Is Situated In A Great Location At The Beachfront Resort Of Kaanapali Shores, Making It The Ideal Retreat For Both Family Vacations And Full-time Living. The Property Fea...

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This Luxury Resort Condo, Located In Highly Des...

NEW Photo of Listing #406367

$2,095,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 39.84 Acres
  • 1,100 ft²

Residential

130 Kai Malina Pkwy, Unit Sr610, Kaanapali, HI

MLS® #406367

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-446-5841

This Luxury Resort Condo, Located In Highly Desirable Hotel Zoning, Offers Spectacular Ocean Views. Unit Sr610 Is A Spacious Two-bedroom Residence On The Southern Side Of The Hokulani Tower At Honua Kai, Featuring Fabulous Direct Ocean And Mountain Views. ...

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Welcome To Unit 333 At The Exquisite Honua Kai ...

Photo of Listing #406327

$1,495,999 Active Fee Simple

  • 1 Baths
  • 39.84 Acres
  • 583 ft²

Residential

130 Kai Malina Pkwy, Unit 333, Kaanapali, HI

MLS® #406327

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

Welcome To Unit 333 At The Exquisite Honua Kai Resort. This Luxurious Condominium Boasts Premium Bosch Appliances, A Brand-new Luxury Bed, Granite Countertops, An In Unit Washer And Dryer, Expansive Bifold Doors, And Brand New Lanai Furnishings That Seamle...

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Whaler 974-a Premier, Corner Unit On The 9th Fl...

Photo of Listing #406296

$1,775,000 Active Fee Simple

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

Residential

2481 Kaanapali Pkwy, Unit 974, Kaanapali, HI

MLS® #406296

Listed By: Coldwell Banker Island Prop-KP
Office Contact: Cell: 808-757-5113

Whaler 974-a Premier, Corner Unit On The 9th Floor Of Tower 2. This Beautiful 1 Bed-2 Bath Unit Features A Spacious Wrap-around Lanai With Stunning Views Of The West Maui Mountains As Well As A Serene Ocean View Across The Whaler Courtyard To The Maui Chann...

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Beautiful Two Bedroom Unit At The Masters, Kaan...

Photo of Listing #406273

$1,479,000 Active Fee Simple

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

Residential

50 Puu Anoano St, Unit 3901, Kaanapali, HI

MLS® #406273

Listed By: Maui No Ka Oi Properties

Beautiful Two Bedroom Unit At The Masters, Kaanapali's Most Desired Property With Breathtaking Ocean Views, Gated Entrance, And Ideal Location On West Maui, Close To Kaanapali Beach, Golf Course, World Famous Dining And Shopping. Resort Living With Tropical...

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This Luxury Condominium Resort Is Hotel Zoned F...

Photo of Listing #406260

$2,775,000 Active Fee Simple

  • 2 Beds
  • 2 Baths
  • 34.82 Acres
  • 1,315 ft²

Residential

130 Kai Malina Pkwy, Unit Nr645, Kaanapali, HI

MLS® #406260

Listed By: Maui Resort Realty
Office Contact: richard@mauiresortrealty.com

This Luxury Condominium Resort Is Hotel Zoned For Vacation Rentals— Welcome To Konea 645 At Honua Kai Resort And Spa!....located In The Peaceful Confines Of Konea Tower's Expansive And Well Landscaped Interior Courtyard Including A Koi Pond, This 6th Floor,...

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Welcome To Your Luxurious Oceanview Condo Locat...

Photo of Listing #406233

$2,495,000 Active Fee Simple

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

Residential

50 Nohea Kai Dr, Unit 2-702, Kaanapali, HI

MLS® #406233

Listed By: Sullivan Properties Inc

Welcome To Your Luxurious Oceanview Condo Located On The Iconic Kaanapali Beach In The Heart Of West Maui. This Beautifully Remodeled And Impeccably Maintained 1-bedroom, 2-bath + Den Condo Offers Breathtaking Ocean And Mountain Views From The Lanai, Kitche...

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A Rare Opportunity Awaits With This Top-floor 1...

Photo of Listing #406224

$1,280,000 Active Fee Simple

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

Residential

45 Kai Ala Dr, Unit A615, Kaanapali, HI

MLS® #406224

Listed By: Hawaii Life (L)
Office Contact: Cell: 808-280-4881

A Rare Opportunity Awaits With This Top-floor 1-bedroom, 1-bathroom Penthouse Residence In The Highly Sought-after Aloha Tower At Maui Kaanapali Villas Resort. Situated On The 6th Floor, This South-facing Unit Offers Commanding Panoramic Views Of The Pacifi...

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Discover Paradise In Honua Kai 719, A Breathtak...

Photo of Listing #406201

$1,499,000 Active Fee Simple

  • 1 Baths
  • 39.84 Acres
  • 595 ft²

Residential

130 Kai Malina Pkwy, Unit 719, Kaanapali, HI

MLS® #406201

Listed By: Maui Real Estate Advisors LLC
Office Contact: 808-875-4444

Discover Paradise In Honua Kai 719, A Breathtaking Studio Boasting Unparalleled Ocean And Outer-island Views From Its Prime Interior Location. Overlooking The Resort’s Sparkling Pools, Pristine Beach, And Vibrant Restaurant, This Unit Offers A Front-row Sea...

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Welcome To Your Dream Vacation Rental Condomini...

Photo of Listing #406154

$1,800,000 Active Leasehold

  • 2 Beds
  • 2 Baths
  • 8.01 Acres
  • 1,669 ft²

Residential

50 Nohea Kai Dr, Unit 2-1106, Kaanapali, HI

MLS® #406154

Listed By: Keller Williams Realty Maui-L
Office Contact: Cell: 808-250-5948

Welcome To Your Dream Vacation Rental Condominium At Kaanapali Alii, Where Paradise Meets Luxury. This Exquisite Penthouse 2-bedroom, 2-bathroom Condo Offers The Perfect Blend Of Comfort, Convenience, And Breathtaking Mountain Views And Is A Leasehold Prope...

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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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