KAPALUA MARKET UPDATE: 2022 Year in Review

Kapalua Condominiums:  2017-2022

Kapalua is home to several different condominium communities, with offerings ranging from one to four-bedroom condominiums.  The Kapalua Bay Villas, Kapalua Ironwoods, The Coconut Grove on Kapalua Bay, the Montage Residences Kapalua Bay and the Ritz-Carlton Kapalua Residences are all oceanfront properties nestled along the Kapalua Resort's spectacular shoreline.  The Kapalua Ridge Villas and Kapalua Golf Villas both are located on the Kapalua Bay Course with ocean and golf course views.

Key Stats by Community

How does the market in 2022 stack up for each community when compared with prior years?

Coconut Grove on Kapalua Bay

In 2022, there were

Spotlight on the Hawai'i Land Trust:

The Hawai'i Land Trust's popular annual Buy Back the Beach event is sold out, but you can participate remotely in supporting this incredible organization in their online auction. Bidders can choose from everything from local artwork and luxury goods from local designers to experiences like a private chef's tasting and helicopter adventures.

Bidding is now live:
https://hilt2023.ggo.bid/bidding/package-browse

Or you can volunteer for an upcoming workday in one of their sites on Maui, Kauai or Oahu

REGISTER AND COMPLETE A WAIVER FOR AN UPCOMING WORKDAY ON THE HILT.ORG WEBSITE

Waiheʻe Coastal Dunes & Wetlands Refuge, Maui 
Every Friday AND Third Saturday
Upcoming Saturday Volunteer Day: January 21st at 8

Sotheby's International Realty has released its Luxury Real Estate Outlook Report for 2023, which provides insights into luxury real estate markets around the globe, issues with the supply chain, inventory, and guidance such as How to Sell a High End Home During Any Type of Market.  The report provides valuable observations for Maui's real estate market, particularly in the resort areas, where there was a significant change over in ownership in 2021.  There were fewer sales in 2022, which was not unexpected, as available inventory decreased dramatically.