In the first quarter of 2023 there were no sales at Coconut Grove.
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 the first quarter of 2023, there were no sales at the Kapalua Ironwoods.
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 the first quarter of 2023, there was just one Bay Villa to sell. A one bedroom, ocean view condominium in building 17.
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 the first quarter of 2023, there were two Golf Villa sales, a one bedroom in building 21 and a 2 bedroom in building 25.
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 2023, there were two villas to sell, both two bedrooms, in buildings 12 and 29.
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%
In the first quarter of 2023, there was just one Residence to sell at the Montage, a three bedroom residence located on the ground floor in building 2.
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%
There have been no condo sales in the first quarter of 2023 at the Ritz-Carlton Residences in Kapalua.
In 2022, 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%
In the first quarter of 2023, there were only two home sales: a home in Pineapple Hill that sold at $4,150,000 and a home in Pineapple Hill Estates that sold for $5,775,000.
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: 808-283-9007
Beautiful, Quiet & Spacious Are A Few Of The Words That Come To Mind For This 'gem Of A Unit' At The Beachfront Ritz-carlton Maui, Kapalua. Gorgeous Ocean & Mountain Views. This Is A Great Place To Unwind And Relax On One Of The Two Spacious Covered Lanais ...
This Golf Villa Location Has Breathtaking Ocean Views Out To The Island Of Lanai, Along With Partial Views Of The Kapalua Bay Golf Course. Designed With Central Air-conditioning, Covered Carports And Ample Visitor Parking, The Kapalua Golf Villas Make This ...
210 Naio Pl, Unit Mahana Estate Lot 7, Kapalua, HI
MLS® #397789
Listed By: Island Sotheby's Int'l Rlty(L) Office Contact: Cell: 808-280-1080
Welcome To A Masterpiece Of Modern Hawaiian Architecture Seamlessly Blending With The Breathtaking Beauty Of Maui's Panoramic Ocean Views. Nestled Within The Exclusive Mahana Estates, A Gated Enclave In The World-renowned Kapalua Resort, This Ultra-luxuriou...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-870-7060
One Of The Last Remaining Excellent Building Lots With A Really Great Panoramic Ocean View Including Lana'i Island And Molokai Island. A New Home With Stunning, Modern Features Has Been Designed By A Well Known Local Architect Who Can Customize Many Featur...
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