As it is my commitment to keeping the local community informed, I am pleased to share with you the most recent West Maui home, land, and condo sales reports for your review covering Kaanapali, Kapalua, Lahaina, and Launiupoko. You’ll find real estate sales volume, days on market, list versus sold price, price per square foot, and significantly more.
West Maui October 2020 Headlines
For further details on any of the statements below, please refer to the sales reports.
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52 Total Transactions
- 11 home, 41 condo & 0 land sales
- 2nd most since March 2020 | However, (-30%) since same period 2019
- 20% of October’s closings were from Lahaina’s new development Kahoma Village
- Predominantly pre-sold in 2018/2019
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Kaanapali & Lahaina Condo markets are the only sectors that have had any volume growth so far in 2020.
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Residential Home prices remain impressively strong
- West Maui did the equivalent in baseball of hitting for the cycle with a $1.9M, a $2M, a $3M $a 4.7M & a $15.5M sale
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If we remove the mentioned Kahoma Village new development sales, then WM average home prices would have been well over $2M
- Median Sales Prices
- Homes: October $1.65M vs. September $1.485M
- Condos: October $550K vs. September $580K
- Land: n/a ($850K in September)
- Highest Priced Sales
- Home – $2.88M | Launiupoko
- Condo – $3.46M | Kapalua
- Land – n/a
- Lowest Priced Sales
- Home – $763K | Lahaina
- Condo – $265K | Napili Ridge in Nap/Kah/Honokowai areas
- Land – n/a
Historical Median & Average Price Comparison
