Kapalua Residential Real Estate Market Update

The Kapalua Resort offers many real estate ownership options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment during the time period through today's posting.

Kapalua Homes:

Pineapple Hill and Pineapple Hill Estates
Active Listings: 12
Price Range: $2,150,000 to $6,300,000
Average List Price: $3,537,791
Average LP/Sq. Ft.: $821
Average DOM: 258
Size Range: 3,522 sq. ft. to 8,172 sq. ft.

Pending Sales: 0

Sales 2016 YTD: 6
Price Range: $2,150,000 to $2,700,000
Average Sales Price: $2,353,333
Average SP/Sq. Ft.: $670
Average DOM: 275

Sales 2015 YTD: 7
Price Range: $1,975,000 to

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Maui Real Estate Market Update | July, 2016

The July Maui Real Estate Market Update is now available for your review.  The report details sales activity through July, 2016 as compared with that of the prior year.  Across the island, the median sales prices are up for homes, condominiums and land.  Sales volume increased in both number of sales and sales volume for condominiums when comparing this year over last.  However, the home and vacant land market didn't fare as well.  Read more...

Maui Real Estate by Property Type: July 2016 vs. 2015

As one might expect, the bulk of sales are condominiums (53%) and homes (43%), with vacant land (3%) and other (6%).  Island wide, the Maui Real Estate Market saw the following when comparing this year over

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Kaanapali Real Estate: Market Spotlight 2016: Q-1

The View from Kaanapali Alii 4-802, pending sale

One of Maui's most popular resort communities, Kaanapali offers a wide range of options including vacation rental and residential condominiums, homes and land.  With the first quarter of the year behind us, the following is an overview for each market segment comparing the first quarters of 2015 and 2016:

Kaanapali Condominiums

Active Listings 2016 Q-1: 224
Active Listings 2015 Q-1: 228
Percent Change: -2%

Sales 2016 Q-1: 32 | $40,386,500
Sales 2015 Q-1: 38 | $48,462,650
Percent Change: -16% | -17%

Average Sales Price 2016 Q-1: $1,262,078
Average Sales Price 2016 Q-2: $1,262,078
Percent Change: 1%

Kaanapali Homes

Active Listings 2016

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Kapalua Real Estate: Market Spotlight 2016 Q-1

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting:

Kapalua Homes:

Active Listings: 22
Price Range: $2,495,000 to $20,880,000
Average List Price: $6,53,790
Size Range: 3,522 sq. ft. to 12,072 sq. ft.

Pending Sales: 4
Price Range: $2,495,000 to $6,500,000
Average Listing Price: $3,621,250

Sales YTD: 5
Price Range: $2,150,000 to $4,950,000
Average Sales Price: $3,370,000

Sales 2015 YTD: 1
Price: 3,196,000

Commentary: There are five primary residential areas in Kapalua: Pineapple Hill and Pineapple Hill Estates,

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Maui Real Estate Market Overview and Statistics | 2015

One of the questions I'm asked most frequently, particularly by Sellers, is where do buyers of Maui properties originate?  There is often a misperception that the majority of our foreign buyers come from Asia.  While this might be true for Oahu's market (particularly Honolulu), it hasn't been the case for Maui County, which includes the islands of Molokai and Lanai. 

When looking for this information, I turn to Title Guaranty, one of Hawaii's most reputable Title and Escrow Companies, for their market research.  As you can see, the bulk of purchases made by foreign buyers of Maui real estate were Canadian, with 80 transactions in 2015, compared with only 3 from Japan, and none from China.

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