West Maui July 2020 Headlines
- 47 sales in July | Highest total since February
- New Development a Key for Sales Volume as Kaanapali’s Luana Kai and Lahaina’s Kahoma Village made up 25% of all West Maui July sales.
- Overall WM market is -17% thus far $1M+ market is only down 2% (year over year sales)
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The Kaanapali vacation condo market showing signs of life. 14 more sales in July. Kaanapali condo market up 16% in 2020 (seriously).
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12 total home sales – 7 were previously sold new development sales (Kahoma Village).
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The Uber Lux – a Napili oceanfront sold for $14.5M
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Only 2 sales in Kapalua | Area down 60% in year over year transactions
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This is the 2nd consecutive month with 0 land sales
- Homes & Condos – Average prices UP, Median prices DOWN
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Median Sales Prices:
- Homes: July $829,635K
- Condos: July $585K
- Land: N/A
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Highest Priced Sales:
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Home – $14.5M in Napili neighborhood
- Condominium – $2.85M at Montage Residences Kapalua Bay
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Lowest Priced Sales:
- Home – $646K in Lahaina’s Kahoma Village neighborhood
- Condo – $125K at the West Maui Trades in Nap/Kah/Hono neighborhood