As part of my commitment to keeping the community informed about West Maui’s resort laden, micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of The Spinnaker, one of West Maui most sought after residential local communities.
What You’ll Find
- Actual Sales Prices: learn exactly how much specific properties sold for
- Sales Volume: see the strength of the market in terms of how many properties sold
- Days on Market: understand how long it takes the average property to sell
- List Price vs. Sold Price: see how the final sales price compares to the listing price
- Price Per Square Foot: which is critical in calculating real estate values
- Asset % Growth: what is the year over year appreciation if my property
- Current Inventory: what is actively for sale and currently under contract
Before we dig into the numbers, make sure you subscribe to my blog if you want to be notified of future market reports as they come available.
Neighborhood Snapshot
- Based on last years numbers, the Spinnaker had six total sales compared to two from the year before. So far there have been no sales in 2022, but the sellers market remains hot, and that can change fast.
- The average Days on Market was 106 for the one bedroom units, and just 58 for two bedroom units, compare to an average of 173 last year. This quick sale trend has continued into the new year throughout Maui.
- There are no current listings in the Spinnaker, but keep your eye out for a great opportunity.
Spinnaker Sales Summary | Based on 2 bedroom sales
| Year | Avg List Price | Avg Sold Price | % List Sell | % Yr Gr | $/Sq Ft | DOM | # Sold |
| 2021 | $481,500 | $468,875 | 97.38% | 26.72% | $641.43 | 58 | 4 |
| 2020 | $399,000 | $370,000 | 92.73% | 5.71% | $528.57 | 216 | 1 |
| 2019 | $380,000 | $350,000 | 92.11% | 18.64% | $500.00 | 176 | 1 |
| 2018 | $276,000 | $295,000 | 106.88% | 13.03% | $421.43 | 71 | 1 |
Want to Know More?
If you are in the market for buying or selling Spinnaker real estate or have any questions about the area or the market in general, please feel free to contact me. I welcome the opportunity to give you information on my previous sales performance and marketing strategies. Or if you’re curious about what your property is worth in today’s market, it would be my pleasure to provide you with property information and a value assessment free of any sales pitch.
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