Kaanapali Real Estate: Market Spotlight 2016: Q-1

The View from Kaanapali Alii 4-802, pending sale

One of Maui's most popular resort communities, Kaanapali offers a wide range of options including vacation rental and residential condominiums, homes and land.  With the first quarter of the year behind us, the following is an overview for each market segment comparing the first quarters of 2015 and 2016:

Kaanapali Condominiums

Active Listings 2016 Q-1: 224
Active Listings 2015 Q-1: 228
Percent Change: -2%

Sales 2016 Q-1: 32 | $40,386,500
Sales 2015 Q-1: 38 | $48,462,650
Percent Change: -16% | -17%

Average Sales Price 2016 Q-1: $1,262,078
Average Sales Price 2016 Q-2: $1,262,078
Percent Change: 1%

Kaanapali Homes

Active Listings 2016

Kapalua Real Estate: Market Spotlight 2016 Q-1

The Kapalua Resort offers many options to prospective buyers--everything from condos to homes, and even fractional ownership Residences at Kapalua Bay.  The following is a market overview for each market segment as of this posting:

Kapalua Homes:

Active Listings: 22
Price Range: $2,495,000 to $20,880,000
Average List Price: $6,53,790
Size Range: 3,522 sq. ft. to 12,072 sq. ft.

Pending Sales: 4
Price Range: $2,495,000 to $6,500,000
Average Listing Price: $3,621,250

Sales YTD: 5
Price Range: $2,150,000 to $4,950,000
Average Sales Price: $3,370,000

Sales 2015 YTD: 1
Price: 3,196,000

Commentary: There are five primary residential areas in Kapalua: Pineapple Hill and Pineapple Hill Estates,