As it is my commitment to keeping the local community informed, I am pleased to share with you the following West Maui land, condo, and home sales reports for your review — covering Kaanapali, Kapalua, Lahaina, and Launiupoko. Find sales volume, days on market, list versus sold price, price per square foot, and more.
This spectacular 5 bedroom Launiupoko home and view is listed by Jeff Onderko and Hawaii Life Real Estate Brokers for $2.595,000. MLS #378020
For more extensive, detailed and comprehensive sales data for any of these areas or properties, please refer to Jeff.HawaiiLife.com/stats or feel free to contact me directly.
May Highlights
87 West Maui transactions — the most sales in a one month period by 13% in 10+ years.
Homes
- Kapalua had 3 sales, including an oceanfront Kapalua Place property that records as the highest sale in West Maui this year at $12M.
- Kaanapali Hillside had 4 of the 6 home sales in the Kaanapali area — Average price $1.377M. Kaanapali Golf Estates had the 2 others.
- 12 of the 19 West Maui homes sold were over $1M (7 were under $1M)
- With the help of the $12M Kapalua sale, the average sales price for May is a gaudy $2.013M
- The lowest priced sale was tied between two Lahaina properties, both sold for $600K.
Condos
- Papakea in Honokowai had the most sales (7), followed by Honua Kai in Kaanapali (6).
- Montage Residences at Kapalua Bay had 3 sales over $3.4M — Two were over $5M and one at $7.75M (highest this month). Puamana had it’s 2nd ever sale over $3M
- Kaanapali’s 24 sales made up 38% of the entire condo market for May
- Low Sale — Two fee simple Maui Lani Terraces studio units sold for $210K
What’s Selling this Year?
West Maui has seen a 22% increase over the same period 2017
- Kaanapali is on fire — for the year home sales are up 111% and condos 81%.
- Kapalua is also continuing its hot streak trend from 2017 and is up 300% on the residential side, 31% on the condo side.
- Lahaina Townhomes are in demand — sales volume is up 23% over 2017, and 2017 saw a 27% increase over 2016.
- Launiupoko Land — Up 250% and twice as much has sold here than anywhere else.
