In 2022, there were just two sales at Coconut Grove. The low sale was significantly higher than in 2021. The reason for this is that all sales in 2022 were oceanfront, while in 2021 there was a second-row sale. Note: in 2021 and 2022 combined there were 8 sales, which represents 22% of the inventory to change to new ownership.
Metrics: 2022 vs. 2021 Number of Sales -67% Sales Volume -62% Low Sales Price +43% High Sales Price -9% Average Sales Price +14% Average Sales Price/Sq. Ft. +19% Average DOM -57% Average Sales Price/List Price -4%
*Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. Those listings and sales are not accounted for in these figures. Since 2020 about 30% of the residences at the Ironwoods changed hands.
In 2022, the average sales price was buoyed by a record sale of a renovated oceanfront residence. The number of sales matched those in 2020.
Metrics: 2022 vs. 2021 Number of Sales -20% Sales Volume -2% Low Sales Price +53% High Sales Price +51% Average Sales Price +23% Average Sales Price/Sq. Ft. +6% Average DOM -53% Average Sales Price/List Price +3%
In 2022, the Bay Villas also saw a record-high sale of an oceanfront villa. This also served to increase the average sales price. That said, the number of sales was much closer to 2020 figures.
Metrics: 2022 vs. 2021 Number of Sales -67% Sales Volume -57% Low Sales Price +72% High Sales Price +10% Average Sales Price +30% Average Sales Price/Sq. Ft. +36% Average DOM -71% Average Sales Price/List Price +4%
In 2022, the Golf Villas experienced about half of the sales of 2021, but like other properties, the sale of a renovated two-bedroom in 21 building set a record high, thereby increasing the average sales price and price per square foot dramatically.
Metrics: 2022 vs. 2021 Number of Sales -52% Sales Volume -34% Low Sales Price +57% High Sales Price +39% Average Sales Price +39% Average Sales Price/Sq. Ft. +41% Average DOM -34% Average Sales Price/List Price +1%
In 2022, similar to other properties, the available inventory at the Ridge Villas was quite limited. The sale of a two bedroom villa set a record high of $1,900,000.
Metrics: 2022 vs. 2021 Number of Sales -61% Sales Volume -50% Low Sales Price +61% High Sales Price +12% Average Sales Price +26% Average Sales Price/Sq. Ft. +45% Average DOM -61% Average Sales Price/List Price +3%
While the record high sale was in 2021, the average sales price did increase at Montage as did the average sales price/sq. ft. It is noteworthy that the high sale in 2021 was a four bedroom residence. With only eight ever built, these seldom come up, but when they do sell, they command a high price that does impact the average sales price and price per sq. ft. as they are directly oceanfront residences that often command a higher price. The number of sales was similar to 2020, but the volume was significantly higher.
Metrics: 2022 vs. 2021 Number of Sales -63% Sales Volume -61% Low Sales Price +11% High Sales Price -40% Average Sales Price +4% Average Sales Price/Sq. Ft. +16% Average DOM 0% Average Sales Price/List Price -1%
The Ritz-Carlton Kapalua also saw an increase in the average sales price/sq. ft. with an increase in the sales price to list price ratio as well.
Metrics: 2022 vs. 2021 Number of Sales -20% Sales Volume -23% Low Sales Price +5% High Sales Price +0% Average Sales Price -4% Average Sales Price/Sq. Ft. +8% Average DOM -64% Average Sales Price/List Price +5%
If you are thinking of buying or selling in Kapalua, please contact Courtney M. Brown for more detailed information on the market at each of these Kapalua communities,
Listed By: Keller Williams Realty Maui-Ki Office Contact: Cell: 808-281-1320
Set Within The Prestigious Kapalua Resort, Ridge Villa 2622 Offers Breathtaking Ocean Views And Effortless Access To Maui's Most Celebrated Beaches, Championship Golf Courses, Award Winning Restaurants And Coastal Trails. A Beautifully Appointed 1-bedroom, ...
Rare Frontline Kapalua Ridge Resort Villa With Sweeping Ocean And Moloka‘i Views, Set Along Kapalua’s Dramatic Northwest Coastline In One Of The Community’s Most Coveted Locations. Beautifully Designer-furnished And Turnkey, This Exceptional 1b/2b Villa Fea...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-214-4492
Experience Luxury Resort Living At The Ritz-carlton Maui, Kapalua. This Two-bedroom Residence (units 1614/1616) Offers A Flexible Two-bedroom Lockoff Configuration That Can Accommodate Up To Six Guests And Has Partial Ocean Views. The Primary Bedroom Featur...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-463-2445
This Two-bedroom, Three-bath Condominium Overlooks The 3rd Fairway Of The Kapalua Bay Golf Course And Offers Southwest-facing Views Of The Pacific Ocean. The Unit Includes A Covered Carport And A Private Outdoor Storage Closet For Added Convenience. Recent...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-870-7060
Arguably The Best Location At Pineapple Hill At Kapalua Is Now Available! Magnificent Panoramic Views Of Ocean, Lanai, And Molokai Await You! Sunsets All Year Round! The All On One Level Ground Floor Features A Large Family Room, Modern Kitchen And Dini...
Listed By: Hawaii Life (W) Office Contact: Cell: 808-298-7455
Perched High Above The Coastline Within The Private Gated Enclave Of Honolua Ridge, This Extraordinary Single-level Estate Captures A Vantage Point So Rare It Feels As Though The Pacific, Moloka‘i, And The Pailolo Channel Were Reserved Exclusively For You. ...
Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
Courtney M. Brown, R(S) & Team Vice President Island Sotheby's International Realty
*Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. Those listings and sales are not accounted for in these figures. Since 2020 about 30% of the residences at the Ironwoods changed hands.
