Kapalua Market Highlights 2017 West Maui Condo Sales

From a standpoint of units trading hands one by one, Kapalua's condominium market has seen more growth in 2017 than any other area in West Maui. And while Lahaina was the only other district to experience positive growth in the condo sector (as of 11/28/2017), Kapalua's 62% increase in units sold over 2016 is noteworthy in any year and one of the main reasons why West Maui's condo category is on pace to have growth for the second consecutive year.

Kapalua's Gold Coast - From Oneloa Bay to Kpalua Bay sits the Kapalua Bay Villas, the Montage Residences at Kapalua Bay and the beachfront Coconut Grove

Kapalua Condos - Things to Know for 2017 (and for 2018)

  • 52 total sales as of 11/29 (62% increase)
  • 29 sales under $1M
  • 23 over $1M
  • 15 over $3M
  • Low Sale $530K / High Sale $6.5M
  • Most Transactions - Kapalua Golf Villas (19 units or 37% of total sales volume) Average Price: $763K
  • Most Improved - The Bay Villas sold 30% more units (11) in 2017 than any other single year since 2007
  • Most Expensive Address - It's a toss up. Coconut Grove averaged a higher price, but Montage Residences had more $4M+ sales
  • The Montage's $49M in sales is 48% of the entire Kapalua district sales dollar volume amount (with just 11 transactions)
  • Currently there are 83 active Kapalua listings for sale (can link to each neighborhood below)

2017 Kapalua Condominium Sales (as of 11/28/2017)

# Sold

Building Name

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

Coconut Grove

(no active list)

16

FS

3

3.5

2,638

$4,800,000

$4,500,000

$1,706

7/3/2017

32

Ocean

1

Coconut Grove

15

FS

3

3.5

2,280

$4,800,000

$4,550,000

$1,996

4/4/2017

130

Ocean

1

Coconut Grove

32

FS

3

3.5

2,638

$5,300,000

$4,900,000

$1,857

10/20/2017

94

Ocean

1

Coconut Grove

F-22

FS

3

3.5

2,625

$5,000,000

$5,000,000

$1,905

6/1/2017

0

Ocean

4

Total

$18,950,000

CG Historical Sales 

Avg

$4,737,500

$1,866

64

# Sold

Building Name

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

Kapalua Bay Villas II

31-B1

FS

1

1

1,006

$750,000

$725,000

$721

8/9/2017

78

Ocean

1

Kapalua Bay Villas II

25B-4

FS

1

1

1,006

$750,000

$744,000

$740

6/2/2017

80

Ocean

1

Kapalua Bay Villas II

33G1

FS

1

2

1,101

$875,000

$765,000

$695

6/8/2017

288

Ocean

1

Kapalua Bay Villas II

25-B3

FS

1

2

1,347

$949,000

$895,000

$664

4/7/2017

279

Other

1

Kapalua Bay Villas II

12 G-4

FS

1

1

1,006

$1,065,000

$950,000

$944

9/29/2017

480

Other

1

Kapalua Bay Villas II

34B4

FS

1

1

1,006

$1,060,000

$999,800

$994

4/4/2017

70

Other

1

Kapalua Bay Villas II

15B3

FS

1

1.5

1,193

$1,045,000

$1,005,000

$842

7/7/2017

168

Mtn/Ocean

1

Kapalua Bay Villas I

29B1-2

FS

2

3

1,447

$1,285,000

$1,250,000

$864

7/14/2017

56

Ocean

1

Kapalua Bay Villas I

21G5

FS

1

2

993

$1,300,000

$1,300,000

$1,309

2/15/2017

124

Ocean

1

Kapalua Bay Villas II

30-G3-4-5

FS

2

3

1,529

$1,695,000

$1,400,000

$916

7/24/2017

2205

Ocean

1

Kapalua Bay Villas II

30B3, 4

FS

2

3

1,697

$1,899,999

$1,725,000

$1,017

9/22/2017

235

Ocean

11

Total

$11,758,800

 KBV Historical Sales

Avg

$1,068,982

$882

369

# Sold

Building Name

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

Kapalua Golf Villas

15T7,8

FS

1

2

972

$550,000

$530,000

$545

7/24/2017

847

Ocean

1

Kapalua Golf Villas

20V1

FS

1

1.5

899

$660,000

$620,000

$690

3/30/2017

990

Ocean

1

Kapalua Golf Villas

26V-1

FS

1

1.5

899

$650,000

$625,000

$695

1/23/2017

1042

Other

1

Kapalua Golf Villas

14V1

FS

1

1.5

899

$685,000

$660,000

$734

11/14/2017

173

Golf Course

1

Kapalua Golf Villas

24T3-4

FS

1

2

972

$700,000

$670,000

$689

7/5/2017

95

Ocean

1

Kapalua Golf Villas

16T5,6

FS

1

2

972

$730,000

$680,000

$700

3/23/2017

692

Mtn/Ocean

1

Kapalua Golf Villas

24T7,8

FS

1

2

1,032

$715,000

$685,000

$664

10/13/2017

284

Ocean

1

Kapalua Golf Villas

22T5\6

FS

1

2

972

$729,000

$720,000

$741

9/27/2017

125

Ocean

1

Kapalua Golf Villas

18V4

FS

1

2

899

$758,000

$725,000

$806

10/3/2017

280

Ocean

1

Kapalua Golf Villas

23V-2

FS

1

1.5

899

$799,000

$740,000

$823

8/11/2017

322

Ocean

1

Kapalua Golf Villas

20T5-6

FS

1

2

972

$750,000

$750,000

$772

10/18/2017

36

Ocean

1

Kapalua Golf Villas

24P-1,2

FS

2

2

1,344

$925,000

$835,000

$621

3/21/2017

378

Ocean

1

Kapalua Golf Villas

14P1,2

FS

2

2

1,344

$845,000

$845,000

$629

4/18/2017

66

Golf Course

1

Kapalua Golf Villas

14T67

FS

2

2

1,344

$880,000

$855,000

$636

9/1/2017

120

Golf Course

1

Kapalua Golf Villas

11T1-2

FS

2

2

1,407

$925,000

$865,000

$615

5/15/2017

532

Mtn/Ocean

1

Kapalua Golf Villas

23V3-4

FS

2

2

1,407

$929,000

$885,100

$629

8/28/2017

129

Ocean

1

Kapalua Golf Villas

19T6, 7

FS

2

2

1,344

$930,000

$910,000

$677

6/19/2017

423

Ocean

1

Kapalua Golf Villas

21P78

FS

2

2

1,344

$949,000

$939,999

$699

5/5/2017

78

Ocean

1

Kapalua Golf Villas

27V2

FS

2

2

1,350

$1,095,000

$960,000

$711

7/3/2017

641

Other

19

Total

$14,500,099

Avg

$763,163

$688

382

# Sold

Building Name 

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

Kapalua Ridge

1711

FS

1

2

1,342

$975,000

$950,000

$708

11/3/2017

210

Ocean

1

Kapalua Ridge

2911-13

FS

2

3

1,778

$1,499,000

$1,450,000

$816

9/13/2017

117

Ocean

2

Total

$2,400,000

Avg

$1,200,000

$762

164

# Sold

Building Name

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

Montage Residences Kapalua Bay

5202

FS

3

3.5

2,789

$3,395,000

$3,125,000

$1,120

10/25/2017

198

Ocean

1

Montage Residences Kapalua Bay

5301

FS

3

3.5

2,904

$4,065,000

$3,975,000

$1,369

7/14/2017

104

Ocean

1

Montage Residences Kapalua Bay

5304

FS

3

3.5

2,789

$4,150,000

$4,150,000

$1,488

11/9/2017

48

Ocean

1

Montage Residences Kapalua Bay

5401

FS

3

3.5

2,904

$4,250,000

$4,250,000

$1,464

11/3/2017

44

Ocean

1

Montage Residences Kapalua Bay

1304

FS

3

3.5

2,789

$4,250,000

$4,280,000

$1,535

10/10/2017

183

Ocean

1

Montage Residences Kapalua Bay

5503

FS

3

3.5

2,904

$4,500,000

$4,500,000

$1,550

7/31/2017

91

Ocean

1

Montage Residences Kapalua Bay

5501

FS

3

3.5

2,904

$4,500,000

$4,500,000

$1,550

8/1/2017

92

Ocean

1

Montage Residences Kapalua Bay

1202

FS

3

3.5

2,904

$4,850,000

$4,850,000

$1,670

11/9/2017

94

Ocean

1

Montage Residences Kapalua Bay

5603

FS

3

3.5

2,904

$4,900,000

$4,900,000

$1,687

6/14/2017

71

Ocean

1

Montage Residences Kapalua Bay

1203

FS

3

3.5

2,904

$4,950,000

$4,950,000

$1,705

8/1/2017

76

Ocean

1

Montage Residences Kapalua Bay

1505

FS

3

3.5

2,789

$6,700,000

$6,475,000

$2,322

6/7/2017

55

Ocean

11

Total

$49,955,000

MRKB Historical Sales

Avg

$4,541,364

$1,587

96

# Sold

Building Name

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

Puna II

(no active listings)

226

FS

0

1

418

$799,000

$785,000

$1,878

4/10/2017

122

Ocean

1

Puna II

229

FS

0

1

418

$825,000

$800,000

$1,914

4/28/2017

113

Ocean

2

Total

$1,585,000

Avg

$792,500

$1,896

118

# Sold

Building Name

Unit

LT

Bds

Bths

Liv-SF

L Price

Sold Price

Price SQFT

Closing Date

DOM

View

1

The Ritz Carlton Residences

1411

FS

1

1

870

$835,000

$790,000

$908

4/3/2017

107

Mtn/Ocean

1

The Ritz Carlton Residences

1717/1719

FS

2

2

1,323

$1,811,888

$1,811,888

$1,370

10/6/2017

182

Mtn/Ocean

1

The Ritz Carlton Residences

1226-1228

FS

2

2

1,477

$2,400,000

$2,100,000

$1,422

4/28/2017

497

Ocean

3

Total

$4,701,888

Avg

$1,567,296

$1,233

262

52

$103,850,787

Wanna Know More?

If you are in the market for buying or selling Kapalua real estate, or have any questions about the neighborhood or West Maui real estate in general, please feel free to contact me. I'm happy to help free of any sales pitches.

For resourceful, one of a kind statistics, information, and updates relevant to the Kapalua market, visit Jeff.HawaiiLife.com  and sign up for my monthly newsletter – representing the areas of Lahaina, Kaanapali, and Kapalua.

Thanks for reading - Aloha!

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Mahana Ridge Estates: Kapalua's New Luxury Residential Neighborhood

Kapalua's Mahana Ridge Estates: Luxury Homesites Available For Sale