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        <title>Maui Real Estate &amp; Lifestyle News</title>
        <link>http://www.luxuryrealestatemaui.com/blog/luana-gardens-at-honua-kai/</link>
        <description>Courtney M. Brown, Realtor (S) Blog: information on the Maui real estate market, trends, and listings. Homes, condos and land for sale.</description>
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        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Kaanapali Resort Condominium Market Update: Q2 | 2023 </title>
    <description> <![CDATA[ 
KAANAPALI CONDOMINIUM MARKET UPDATE: Q2 2023 





Kaanapali Resort Condominiums


Kaanapali Condominiums


Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.






Kaanapali Resort Condos


Q2 2023


2022


2021


2020


2019


2018




Number of Sales


39


148


237


159


168


173




Volume


$66,617,900


$247,257,475


$321,700,298


$212,877,531


$205,331,916


$191,084,387




Low Sales Price


$600,000


$325,000


$318,000


$319,000


$240,000


$159,000




High Sales Price


$5,525,000


$5,899,000


$5,400,000


$3,300,000


$4,995,000


$5,725,000




Median


$1,500,000


$1,412,500


$995,000


$1,050,000


$952,500


$801,000




Average SP


$1,708,151


$1,670,659


$1,357,385


$1,338,852


$1,222,214


$1,104,534




Average SP/Sq. Ft.


$1,597


$1,486


$1,158


$955


$1,010


$955




Average DOM


111


90


127


248


218


170




Average SP/LP


97


98


98


96


97


96




There are a mix of leasehold and fee simple condominiums in Kaanapali


 


 


 











How does the market through the second quarter of 2023 stack up for each community as compared with prior years?


A FIVE-YEAR OVERVIEW


Honua Kai


Honua Kai: condos for sale All Buildings






Honua Kai


Q2 2023


2022


2021


2020


2019


2018




Sales


11


45


63


72


57


40




Volume


$24,458,000


$112,632,875


$121,182,648


$137,972,250


$91,809,500


$64,235,287




Low SP


$1,220,000


$1,150,000


$807,500


$735,000


$774,000


$695,000




High SP


$5,525,000


$5,899,000


$5,400,000


$3,199,000


$3,300,000


$5,725,000




Median SP


$1,975,000


$1,900,000


$1,550,000


$2,119,750


$1,700,000


$1,120,000




Average SP


$2,223,455


$2,502,953


$1,923,534


$1,916,281


$1,610,693


$1,605,882




Average SP/Sq. Ft


$2,184


$2,154


$1,498


$1,139


$1,190


$1,357




Average DOM


119


97


137


404


318


117




Average SP/LP


97


98


98


98


98


98











International Colony Club


International Colony Club condos for sale


 






International Colony Club


Q2 2023


2022


2021


2020


2019


2018




Sales


0


0


5


1


1


9




Volume


0


0


$3,150,000


$575,000


$618,000


$4,749,500




Low SP


NA


NA


$600,000


$575,000


$618,000


$388,500




High SP


NA


NA


$680,000


$575,000


$618,000


$640,000




Median SP


NA


NA


$620,000


$575,000


$618,000


$501,000




Average SP


NA


NA


$630,000


$575,000


$618,000


$527,722




Average SP/Sq. Ft


NA


NA


$556


$614


$445


$495




Average DOM


NA


NA


143


127


237


268




Average SP/LP


NA


NA


100


96


98


93






 







Kaanapali Alii


Kaanapali Alii condos for sale






Kaanapali Alii


Q2 2023


2022


2021


2020


2019


2018




Sales


3


12


27


9


16


15




Volume


$8,450,000.00


$31,841,600


$66,456,000


$18,215,000


$39,230,000


$39,762,000




Low SP


$2,350,000.00


$1,020,000*


$918,000*


$1,200,000


$1,100,000


$1,200,000




High SP


$3,650,000.00


$4,596,600


$5,000,000


$3,300,000


$4,995,000


$4,800,000




Median SP


$2,700,000.00


$2,387,500


$2,300,000


$1,700,000


$2,147,500


$2,525,000




Average SP


$2,816,667.00


$2,653,467


$2,461,333


$2,023,889


$2,451,875


$2,650,000




Average SP/Sq. Ft


$1,832.00


$1,739


$1,595


$1,248


$1,560


$1,655




Average DOM


57


97


125


129


213


202




Average SP/LP


98.00


96


97


92


95


94






 







Kaanapali Plantation


Kaanapali Plantation condos for sale






Kaanapali Plantation


Q2 2023


2022


2021


2020


2019


2018




Sales


1


9


11


4


3


5




Volume


$1,375,000.00


$11,244,000


$8,570,250


$3,190,000


$2,039,000


$3,455,000




Low SP


$1,375,000.00


$860,000


$448,000


$755,000


$629,000


$625,000




High SP


$1,375,000.00


$1,500,000


$1,200,000


$870,000


$780,000


$765,000




Median SP


$1,375,000.00


$1,325,000


$731,250


$782,500


$630,000


$675,000




Average SP


$1,375,000.00


$1,249,333


$779,114


$797,500


$679,667


$691,000




Average SP/Sq. Ft


$1,194.00


$979


$595


$558


$544


$573




Average DOM


77


60


129


127


$282


66




Average SP/LP


92


97


98


95


97


99






 







Kaanapali Royal


Kaanapali Royal condos for sale






Kaanapali Royal


Q2 2023


2022


2021


2020


2019


2018




Sales


1


2


3


6


9


7




Volume


$1,750,000


$2,455,000


$2,792,000


$4,372,500


$6,997,750


$5,462,200




Low SP


$1,750,000


$1,160,000


$820,000


$350,000*


$705,000


$710,000




High SP


$1,750,000


$1,295,000


$1,100,000


$850,000


$864,750


$875,000




Median SP


$1,750,000


$1,227,500


$872,000


$795,000


$765,000


$785,000




Average SP


$1,750,000


$1,227,500


$930,667


$728,750


$777,528


$780,314




Average SP/Sq. Ft


$1,010


$805


$571


$478


$504


$511




Average DOM


70


35


99


99


101


122




Average SP/LP


89


108


103


97


97


99




* Leasehold sales in 2017 and 2020


 


 


 


 


 






 







Kaanapali Shores


Kaanapali Shores condos for sale


 






Kaanapali Shores


Q2 2023


2022


2021


2020


2019


2018


2017




Sales


9


29


33


15


15


33


24




Volume


$10,049,900


$26,657,500


$25,358,000


$9,727,381


$9,938,167


$18,452,900


$13,891,140




Low SP


$650,000*


$325,000*


$318,000*


$320,000*


$365,000


$159,000*


$200,000*




High SP


$2,500,000


$2,360,000


$2,125,000


$950,000


$997,000


$1,780,000


$1,554,840




Median SP


$950,000


$810,000


$700,000


$645,000


$557,500


$553,000


$520,000




Average SP


$1,116,656


$919,224


$768,424


$635,159


$621,135


$559,179


$578,798




Average SP/Sq. Ft


$1,252


$1,098


$931


$781


$830


$702


$708




Average DOM


126


91


145


142


117


165


167




Average SP/LP


97


98


98


95


97


96


96




*There were leasehold sales every year.  Low is marked with the asterisk


 


 


 


 






 







The Mahana at Kaanapali


The Mahana at Kaanapali condos for sale






Mahana


Q2 2023


2022


2021


2020


2019


2018




Sales


6


21


12


5


9


11




Volume


$9,357,500.00


$26,241,500


$14,372,400


$4,858,000


$8,302,000


$8,782,000




Low SP


$1,175,000.00


$772,500


$725,000


$640,000


$625,000


$550,000




High SP


$3,005,000.00


$2,300,000


$1,725,000


$1,650,000


$1,850,000


$990,000




Median SP


$1,248,750.00


$1,160,000


$1,197,500


$880,000


$825,000


$825,000




Average SP


$1,559,583.00


$1,249,595


$1,197,708


$971,600


$922,444


$798,364




Average SP/Sq. Ft


$1,682.00


$1,591


$1,330


$1,314


$1,174


$1,135




Average DOM


130


78


253


161


140


77




Average SP/LP


98


97


97


96


98


97






 







Maui Eldorado


Maui Eldorado condos for sale






Maui Eldorado


Q2 2023


2022


2021


2020


2019


2018




Sales


2


10


12


10


12


9




Volume


$1,850,000.00


$7,011,000


$6,803,500


$4,302,500


$4,766,000


$3,044,012




Low SP


$600,000.00


$415,000


$345,000


$240,000


$240,000


$210,000




High SP


$1,250,000.00


$1,137,500


$965,000


$835,000


$835,000


$610,000




Median SP


$925,000.00


$616,250


$460,750


$403,750


$332,500


$327,901




Average SP


$925,000.00


$701,100


$566,958


$430,250


$397,167


$316,111




Average SP/Sq. Ft


$746.53


$657


$559


$458


$458


$287




Average DOM


59.5


64


131


79


79


251




Average SP/LP


97.00


101


98


96


96


91






 







Maui Kaanapali Villas


Maui Kaanapali Villas condos for sale


 






Maui Kaanapali Villas


Q2 2023


2022


2021


2020


2019


2018




Sales


0


6


15


10


5


12




Volume


0


$4,615,000


$9,598,900


$5,884,400


$3,695,000


$6,382,500




Low SP


NA


$400,000


$345,000


$432,500


$430,000


$285,000




High SP


NA


$1,100,000


$915,000


$799,000


$1,050,000


$1,797,000




Median SP


NA


$767,500


$625,000


$487,450


$760,000


$417,500




Average SP


NA


$769,167


$639,927


$588,440


$739,000


$531,875




Average SP/Sq. Ft


NA


$1,154


$985


$889


$932


$747




Average DOM


NA


111


64


54


49


278




Average SP/LP


NA


99


98


98


100


97






 







Maui Kai


Maui Kai condos for sale







The Masters at Kaanapali Hillside


The Masters at Kaanapali Hillside condos for sale


 






Masters


Q2 2023


2022


2021


2020


2019


2018




Sales


5


17


31


15


18


16




Volume


$8,190,000.00


$25,371,000


$34,802,000


$13,586,500


$15,498,500


$17,310,000




Low SP


$1,400,000.00


$900,000


$675,000


$575,000


$550,000


$540,000




High SP


$1,990,000.00


$2,175,000


$1,929,000


$1,300,000


$1,400,000


$1,500,000




Median SP


$1,500,000.00


$1,565,000


$1,107,000


$945,000


$852,000


$1,127,500




Average SP


$1,638,000.00


$1,492,412


$1,122,645


$905,766


$861,028


$1,081,875




Average SP/Sq. Ft


$1,074.00


$989


$796


$639


$660


$690




Average DOM


190


62


133


97


225


164




Average SP/LP


92.00


100


98


95


95


93






 







The Vintage at Kaanapali


The Vintage condos for sale


 






Vintage


Q2 2023


2022


2021


2020


2019


2018




Sales


1


3


7


4


6


6




Volume


$1,800,000


$5,190,000


$9,734,000


$4,573,000


$6,840,999


$6,445,000




Low SP


$1,800,000


$1,200,000


$1,100,000


$950,000


$890,999


$801,000




High SP


$1,800,000


$1,995,000


$1,620,000


$1,375,000


$1,425,000


$1,400,000




Median SP


$1,800,000


$1,995,000


$1,360,000


$1,124,000


$1,125,000


$1,120,000




Average SP


$1,800,000


$1,730,000


$1,390,571


$1,143,250


$1,140,167


$1,074,167




Average SP/Sq. Ft


$890


$797


$693


$621


$610


$546




Average DOM


191


203


87


148


237


141




Average SP/LP


92


97


99


96


94


95






 







The Whaler at Kaanapali Beach


The Whaler at Kaanapali Beach condos for sale






Whaler


Q2 2023


2022


2021*


2020


2019


2018




Sales


2


8


24


7


16


17




Volume


$2,485,000


$14,931,500


$29,712,000


$7,480,000


$19,000,000


$19,765,000




Low SP


$1,085,000


$1,080,000


$500,000


$795,000


$750,000


$620,000




High SP


$1,400,000


$3,970,000


$3,650,000


$1,250,000


$2,750,000


$2,150,000




Median SP


$1,242,500


$1,575,000


$945,500


$1,100,000


$945,000


$1,100,000




Average SP


$1,242,500


$1,866,438


$1,238,000


$1,068,571


$1,187,500


$1,162,647




Average SP/Sq. Ft


$2,292


$1,959


$1,524


$1,266


$1,380


$1,318




Average DOM


$36


85


116


150


173


165




Average SP/LP


108


98


98


91


95


94




*Leasehold Sale occurred in this year


 


 


 


 


 











If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities





Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.


This blog post was updated on 7/28/23.  The MLS data charts were changed from a rolling 12 months to a rolling 6 months of data.
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    <link>http://www.luxuryrealestatemaui.com/blog/spotlight-on-the-honua-kai.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Spotlight on the Honua Kai</title>
    <description> <![CDATA[ 
Market Spotlight: Honua Kai June 16, 2023





The Honua Kai is Kaanapali's newest condominium development and one of the most desirable vacation destinations in West Maui.  Built in three phases along Kekaa Beach on the North Side of Black Rock, the Honua Kai is comprised of three separate sections: Hokulani (South Resort-SR-2008), Konea (North Resort-NR-2009) and Luana Gardens (2018).   


The Hokulani and Konea towers feature 627 studio, one, two and three-bedroom condominium residences.  The 10 story buildings have central air conditioning, elevators and underground parking.  The new addition of Luana Gardens weaves in a more contemporary residential component, with 72 three-bedroom residences.  These low rise, two-story buildings feature private garages in three clusters, each around one of three pools.  


Guests at Honua Kai have access to adult and family pools, hot tubs, BBQ Grills, Bar and Lounge, fitness center, the Aina Gourmet Market, elevators, valet and self-parking, concierge, porter/bellhop, Ho'ola Spa and Duke's Restaurant (this is a great place to whale watch as you take in the sunset).


Honua Kai: All Buildings | The State of the Current Market as of June 16, 2023






ACTIVE LISTINGS


3




Volume


$7,195,000




Low LP


$1,750,000




High LP


$2,750,000




Average LP


$2,398,333




Average LP/Sq. Ft.


$2,264




Average DOM


90




 


 




PENDING SALES


1




Volume


$1,395,000




Low LP


$1,395,000




High LP


$1,395,000




Average LP


$1,395,000




Average LP/Sq. Ft.


$2,405




Average DOM


25




 


 




SOLD


11




Volume


$24,458,000




Low SP


$1,220,000




High SP


$5,525,000




Average SP


$2,223,455




Average SP/Sq. Ft.


$2,184




Average DOM


119









Honua Kai Sales: A Historical Perspective


Honua Kai | All Buildings





Honua Kai | Luana Gardens





For more information on the Honua Kai condos for sale, contact Courtney M Brown, R(S) with Island Sotheby's International  Realty


View Honua Kai Condos for Sale



 ]]> </description>
    <pubDate>Fri, 16 Jun 2023 17:20:00 -1000</pubDate>
</item>
<item>
    <guid>http://www.luxuryrealestatemaui.com/blog/kaanapali-condominium-market-update-through-q1-2023.html</guid>
    <link>http://www.luxuryrealestatemaui.com/blog/kaanapali-condominium-market-update-through-q1-2023.html</link>
        <author>cb@luxuryrealestatemaui.com (Courtney M. Brown)</author>
        <title>Kaanapali Condominium Market Update through Q1 2023</title>
    <description> <![CDATA[ 
KAANAPALI CONDOMINIUM MARKET UPDATE: Q1 2023 





Kaanapali Resort Condominiums


Kaanapali Condominiums


Kaanapali is home to several different condominium communities, with offerings ranging from studios to four-bedroom condominiums.  Located along Kaanapali Beach are the Kaanapali Alii and Whaler, and located on Kahekili are the Maui Kaanapali Villas, Honua Kai, Mahana and Maui Kai.  Surrounding the Golf Course, you'll find the Maui Eldorado, the Masters, Kaanapali Plantation, International Colony Club and Vintage.


 


How does the market through the first quarter of 2023 stack up for each community as compared with prior years?


A FIVE-YEAR OVERVIEW


Honua Kai: condos for sale All Buildings





International Colony Club condos for sale





Kaanapali Alii condos for sale





Kaanapali Plantation condos for sale





Kaanapali Royal condos for sale





Kaanapali Shores condos for sale





The Mahana at Kaanapali condos for sale





Maui Eldorado condos for sale





Maui Kaanapali Villas condos for sale





Maui Kai condos for sale


 


The Masters at Kaanapali Hillside condos for sale


 


The Vintage condos for sale





The Whaler at Kaanapali Beach condos for sale





If you are thinking of buying or selling in Kaanapali, please contact Courtney M. Brown for more detailed information on the market at each of these Kaanapali communities





Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. This information is historical in nature and not a prediction of future value.  Real estate values can change depending on a variety of market conditions. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
 ]]> </description>
    <pubDate>Fri, 09 Jun 2023 13:01:00 -1000</pubDate>
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