Masters at Kaanapali: Sales Steady, Active Inventory Healthy

As part of my commitment to keeping the community informed about West Maui's dynamic, micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of the Masters at Kaanapali, Kaanapali’s premier residential hillside condo community.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 of 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

  • There have been 13 Masters sales this year compared to 16 in all of 2018. While the average sales price may look a down significantly, it's a bit misleading as (6) of them were 1-bedroom transactions. Hence, producing a lower avg sale price in 2019 compared to 2018 (when there was only 1).
  • Currently there are 15 actively listed units for sale with an avg list price of $1.01M

Sales Sales & More Sales Data (click on the images/links for interactive)

Masters at Kaanapali Historical Sales Summary
YearAvg List PriceAvg Sold PriceList vs SellYr Gr$/Sq FtDOM# Sold
2019$905,192$854,11594%-21%$67720813
2018$1,160,231$1,086,15494%59%$69016416
2017$722,650$684,50095%-27%$5822296
2016$977,529$937,64796%-3%$63817517
2015$1,056,647$966,00691%24%$66217917
2014$825,333$776,16794%-10%$6041639
  
1 Bedroom
YearAvg List PriceAvg Sold PriceList vs SellYr Gr$/Sq FtDOM# Sold
2019$640,583$619,08397%8%$6762376
2018$575,000$540,00094%-6%$5992501
2017$616,300$575,00093%-1%$6331713
2016$607,333$583,33396%-10%$6382563
2015$679,000$650,00096%15%$6591443
2014$598,000$565,00094%-5%$6221613
   
2 Bedroom
YearAvg List PriceAvg Sold PriceList vs SellYr Gr$/Sq FtDOM# Sold
2019$1,132,000$1,055,57193%-3%$6771837
2018$1,160,231$1,086,15494%37%$69214713
2017$829,000$794,00096%-18%$5312883
2016$1,018,417$968,33395%-2%$64615612
2015$1,089,538$992,46991%13%$65718713
2014$939,000$881,75094%5%$5961636
   
3 Bedroom
YearAvg List PriceAvg Sold PriceList vs SellYr Gr$/Sq FtDOM# Sold
20190
2018$1,425,000$1,325,00093%3%$7202302
20170
2016$1,287,500$1,285,000100%-20%$5961642
2015$1,795,000$1,600,00089%13%$7421931
20140

The Current Masters at Kaanapali Active Market

Want to Know More?

If you are in the market for buying or selling Masters at Kaanapali 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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