Makena Real Estate

Found 6 blog entries about Makena Real Estate.

MAUI REAL ESTATE STATISTICS: Jan-Sept 2017 vs. Jan-Sept 2016

Quick Overview Maui Real Estate Stats

THE CONDO AND HOME MARKETS | Key Metrics

KEY METRICS New Listings Pending Sold DOM Med SP Avg SP
Homes +10% +14% +3% -10% +10% +8%
Condos -4% +15% +7% -6% +8% +7%

Comparing key metrics through September 2017 Year Over Year with 2016:

While there are more new home listings, there were fewer new condo listings through Sept. 2017.  Other key indicators show increases in Pending Sales, Number of Sales, Median Sales Prices, and Average Sales Prices, while Days on Market till closing is down.  Our busy season begins in Mid Nov, tends to quiet down first two weeks of December, and then remains active

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The Realtor's Association of Maui has released it's monthly report on Maui's real estate statistics for July 2017.   

Maui Real Estate Quick Overview July 2017

While there are fewer properties to sell when compared with 2016 and inventory is down, the Median Sales Price is up.  For more information read: Maui Real Estate Statistics.

The resort market trends are also showing an upward trajectory, particularly condos in the resort areas of Wailea, Makena and Kapalua.  Condo and home sales are down in Kaanapali.  Home sales are also down in Kapalua, while up in Wailea.  Though it should be noted--with such a small sampling, the statistics can vary widely at any given time.  

To put it in perspective, there are 1877 condominiums and 1181 homesites in the Wailea Resort and 219

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A Look at the Resort Markets as compared with the overall Maui Real Estate Market.

Maui's Resort Markets of Kaanapali, Kapalua, Wailea 

January 1-July 31, 2017 vs. January 1- July 31, 2016

Comparing the YTD sales in the resort markets with the same period in 2016, we are seeing more condo sales in Kapalua and Wailea and Makena, while in Kaanpali, condo sales is down. Inventory is increasing in the condo markets, with the exception of Wailea, which has an absorption rate of just 9.2 months.  Part of the substantial growth in the Kapalua Condominium Market can be attributed to sales at the Montage Residences Kapalua Bay with 3 sales ranging from $3.795-$6.475M (which is the highest condominium sale on record for 2017 on Maui), and Coconut Grove

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Maui Luxury Real Estate

Maui Ranks Amongst the Top 10 Luxury Real Estate Markets in 2016 and an Overview of Maui Luxury Real Estate Sales in 2018

Per Realtor.com's Luxury Home Index Research Report, Maui ranks 8th in the Nation's Top County Level Luxury Real Estate Markets, behind markets such as San Francisco, Brooklyn, Los Angeles, Manhattan, Santa Clara, San Mateo, and Marin.  The next Hawaii county real estate market to make the list is Kauai at #17.

Maui County Luxury Market Ranking 2016

Maui one of the Hottest Luxury Housing Markets in 2016

Previously Maui had ranked #17 on the list, making it also one of the "Top 20 Movers" which identifies the hottest markets as those that have moved the fastest since last year amongst the highest 100 ranked counties across seven

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Maui Real Estate Market Update

Maui Real Estate Sales: Homes, Condominiums and Land Through November 2016

The November Maui County Real Estate Market Update is now available for your review.  The report details sales activity through November, 2016 as compared with that of the prior year.  

Maui's Real Estate Market: Active Listings

There is a slight increase in active listings, which is typical of this time of year as many Sellers in resort areas list condominium and residential properties when tourism levels (which bring prospective buyers) increase.

  Active Listings Average List Price Average Days on Market
All* 1,614 $1,625,081 220
Residential 484 $2,600,662 147
Condominium 822
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The Ritz-Carlton, Kapalua has sold to a joint venture between Ares Management, SMW Hospitality (Square Mile Capital Management and Wafra Investment Advisory Group) and Trinity Investments.

Ritz-Carlton Kapalua

A BRIEF HISTORICAL OVERVIEW OF THE RITZ-CARLTON, KAPALUA

The Ritz-Carlton Kapalua property is comprised of 297 hotel guest rooms and 107 private condominium residences, situated on approximately 49 acres in the heart of the Kapalua Resort in West Maui.  

Back in 2007, the Ritz-Carlton, Kapalua underwent an extensive renovation.  As a part of the renovation, the North (Honolua Side) Wing was converted from hotel rooms to one and two bedroom condominiums known as the Residential Suites at the Ritz-Carlton, Kapalua.  Sales began in 2008, and 34 condominiums

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