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: 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. ...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Perched At The Top Of The Ridge At Kapalua, This 3-bedroom Unit Offers The Ultimate Combination Of Stunning Ocean Views, Luxurious Space, And Modern Decor. Remodeled In 2016/2017, This Unit Has Been Primarily Used As A Second Home, But It Is Also A Highly S...
Listed By: Island Sotheby's International Realty(L) Office Contact: Cell: 808-250-0210
Welcome To The Ironwoods, An Oceanfront Enclave In The Heart Of The Kapalua Resort. This Beautifully Renovated 3-bedroom, 3-bath Condominium Is Positioned Directly On The Bluff With Commanding Views Of The Pacific And The Bay Course. This Exceptional Resi...
A Rare Offering In Kapalua’s Coveted Honolua Ridge, This Private Estate Commands Sweeping Ocean Vistas With Moloka'i Island As A Breathtaking Backdrop, Complemented By Views Across The Renowned Kapalua Golf Courses. A Sculptural Wyland Piece Welcomes You At...
Listed By: Real Broker Office Contact: Cell: 808-298-2030
300 Mahana Ridge | The Most Compelling Value In Kapalua | $5,950,000 A Nearly Identical Home Down The Street At 500 Mahana Ridge Just Sold For $7.625m. Another At 410 Mahana Ridge Closed At $7.8m. Yet Here Sits 300 Mahana Ridge At $5.95m, Offering The Same ...
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.
