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,
Experience Island Luxury Living At Its Finest With This Stunning "gold Level" Remodeled, One-bedroom/two Bath Ridge Villa In The Prestigious Kapalua Resort On Maui. Offering Captivating Sunrise/sunset Ocean, Island And Coastal Views, Retreat Is Meticulousl...
Listed By: Island Sotheby's Int'l Rlty(L) Office Contact: Cell: 808-205-5201
Nestled In The Prestigious Enclave Of Pineapple Hill Overlooking The 5th Fairway Of The Kapalua Bay Golf Course, 712 Fairway Drive Offers A Luxurious Retreat Amidst Maui's Breathtaking Natural Beauty. This Spacious Single-level Three-bedroom, Two-bath Plus ...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-281-7313
Great Ocean Views From This 1 Bedroom/1.5 Bath End-unit Condominium In Building 20 Of The Kapalua Golf Villas. West-facing Exquisite Ocean Views And Spectacular Colorful Sunsets Await You From This Spacious 238 Square Foot Private Lanai, Living Room And Kit...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-397-7234
Whale Watchers Delight!!! This Kapalua Bay Villa 2 Bedroom 3 Bath Bridge Level Unit Boasts Incredible Ocean Views. Short Walk To World Class Beaches, Fine Dining, And All The Amenities Of The Kapalua Resort, Newly Remodeled In 2022, This Is A Must See.
Listed By: Keller Williams Realty Maui-L Office Contact: Cell: 808-870-7736
This Under-construction Home Will Be The First Brand-new Home For Sale In Pineapple Hill In Over 12 Years. This Spacious, 4,150sf Cutting-edge, 4-bedroom Home With Upstairs And Downstairs Primary Bedrooms Is Located On One Of The Premier Lots In Pineapple H...
Listed By: Keller Williams Realty Maui-L Office Contact: Cell: 808-870-7736
Stunning 2.5 Acre Kapalua Plantation Estate Located On The 14th Hole Of Kapalua's Award-winning Plantation Course, Host To The Pga-tour Season-opening Tournament In January. Features Breathtaking Ocean Views And Enjoys A Wealth Of Amenities Including Shuttl...
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.
