Kapalua Bay Villas: 2017 Year End Real Estate Market Update

Posted by Courtney M. Brown on Tuesday, December 26th, 2017 at 7:00pm.

The Kapalua Bay Villas: 2017 Year End Real Estate Market Update

Kapalua Bay Villa for SaleThe view out toward Molokai from the upgraded kitchen in Kapalua Bay Villa 14G3-5

The gated community of the Kapalua Bay Villas is situated overlooking Oneloa Bay, with direct access to the white sand beach.  The Montage Residences Kapalua Bay and the Spa Montage are the neighboring properties to the south.

Bay Villas amenities include central air conditioning (not in all units but may be installed), three swimming pools, BBQ areas and tennis courts.  You'll find a mix of one and two bedroom floor plans in this popular oceanfront community.  Short term rentals are allowed.

Kapalua Bay Villa 19G5   Kapalua Bay Villa 14G4   Kapalua Bay Villa

Featured above: Kapalua Bay Villas 19G5, 14G3-5 and 38B2

We are seeing an upward trend in the Kapalua Bay Villas activity.  It is not uncommon to see new listings come on in November and December, to take advantage of our busy season.  In 2017, we saw a positive increase in sales at the Bay Villas.  While the Kapalua Golf Villas also saw a positive increase in the number of sales, the average sales price was down (read Kapalua Golf Villas Market Update).  At the Bay Villas the average sales price was slightly higher than last year.  The Ridge Villas saw the fewest sales in 2017.

Kapalua Bay Villas Quick Market Overview Active Listings:

Current Listings 24 (17%)
Low LP $799,000
High LP $1,999,000
Average LP $1,253,375
Average LP/Sq. Ft. $1018
Average DOM 152

Kapalua Bay Villas Sales:

Bay Villas 2016 2017 % Change
Sales 8 11  +38%
Low SP $635,000 $725,000  +14%
High SP $1,450,000 $1,725,000  +19%
Average SP $1,016,798 $1,068,981  +5%
Average SP/Sq. Ft $834 $882  +6%
Average DOM 323 369  +14%

View Current Kapalua Bay Villas for Sale:

 

No listings were found matching your search criteria.

*Statistics above are at the time of this post per MLS.  Any interested party should do their own due diligence as the information is subject to change.

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

 

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