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.
November 2019 Headlines
- 74 sales in October (2019 avg/mo: 62)
- 83 properties went active on the market
- Total Sales Volume +2% over 2018, $1M+ = -3%
- Condos | 77% of all West Maui transactions
- Highest priced sales:
Home – $6M in Kapalua’s Plantation Estates
Condo – $2.85M at the Montage Kapalua Bay Residences - Lowest priced sales:
Home – $610K in Napili’s Napilihau neighborhood
Condo – $206K at Leinani in Honokowai (1 bd/ba)
October 2019 Homes & Land Sales PDF
Inventory & Absorption Rate
Absorption Rate is the rate at which available homes are sold in a specific market over a specific time. This figure shows how long it will take to exhaust the current inventory supply. For this month’s update, there are 469 active properties and 720 sold in the past 12 months.
- West Maui home, land, and condo inventory combined AR – 7.8 months
- Home AR – 9.3 months
- Condo AR – 5.8 months
- Land AR – 43 months
