West Maui December 2020 Headlines
For further details on any of the statements below, please refer to the sales reports.
- For the year, West Maui alone had (10) trades $5M+ (5) trades at $8M+ and (3) north of $14M. By far the strongest of any single period in West Maui history. Prior to 2020, only 2 properties had ever sold for more than $14M.
- Demand is High as Days on Market Low – Comparatively & historically speaking, homes and land lots are moving quicker than usual, condos are around the norm.
2020 Notable Numbers
- Condos: Sales Volume – 8% | Total Sales Revenue – 8.5% ($473M)
- Homes: Sales Volume +20% | Total Sales Revenue +40%% ($330M)
- Land: Sales Volume -4% | Total Sales Revenue +10%% ($25M
Highest Priced Sales
- Home – $24M | Kapalua
- Condo – $3.55M | Kapalua
- Land – $950K | Kapalua
Lowest Priced Sales
- Home – $379K | Napilihau in Nap/Kah/Honokowai areas
- Condo – $111K | Maui Sands 1 in Nap/Kah/Honokowai areas
- Land – $375K | Kaanapali