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,
Discover The Serene Elegance Of Kapalua Bay Villas 12g4, A Beautifully Remodeled And Spacious 1-bedroom, 1-bathroom Ocean View Residence. This Tranquil Retreat, Updated In 2021, Offers Direct Access To The Lush Grassy Lawns Leading To The Pristine White San...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-344-2677
For Those That Have Been Desperately Craving Luxury Island Living, Wait No More! Perched Between One Of Kapalua’s Most Dramatic Jungle-ravines & The 17th Tee Box Of The Famed Kapalua Plantation Golf Course, The Single-level Estate At 710 Mokuleia Place Offe...
Enjoy Sweeping Views Of The Ocean, Crashing Waves At Oneloa Beach, Molokai, And Beyond From This Unique Two-story, One-bedroom Condominium In The Prestigious Kapalua Ridge. This Spacious Unit Features A Well-designed Layout With The Main Level Offering A Fu...
Build Your Dream Home In Kapalua’s Most Luxurious Development! Welcome To Your Opportunity To Own A 6.09-acre Lot In The Exclusive Plantation Estates Lot In The Honolua Ridge Phase Ii, Located In Prestigious Kapalua. This Expansive Homesite Offers Sweeping ...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Wait No More! One Of The Finest Estates In All Of Hawaii Is Now Available Featuring Outstanding Direct Ocean, Sunset And Molokai Views. The 4-acre Estate At 114 Keoawa Place Offers Over 5,600 Living Sq. Ft. Across The Main Home And Ohana. The Single-level M...
Listed By: Real Broker LLC Office Contact: lauryn.hirealtor@gmail.com
Experience The Tranquility Of Island Living At The Kapalua Ridge Villas, Where Expansive Coastal Views Blend With Elevated Amenities To Create The Ultimate Setting For Island Leisure. This Beautifully Maintained One-bedroom, Two-bathroom Top Floor Home Off...
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