Market Spotlight: Kapalua Ironwoods #62

Beautifully Remodeled Ocean View Condominium Residence for Sale

An aerial view of the Ironwoods, overlooking Kapalua Bay Course and Oneloa Bay to the South

The Ironwoods is a small gated community comprised of just 10 buildings, each with four residences (in building 9, the two top floor residences were combined to make one larger residence).  Each residence has a detached garage, a rarity for oceanfront condominiums on Maui.

Amenities at the gated Ironwoods community include a fitness center, recreation room, solar heated swimming pool and spa, as well as tennis courts and an onsite resident manager.  

Ironwoods 62 Upgrades and Finishes

Incomparable and casually elegant, this stylish and spacious

Each month, the Realtor's Association of Maui publishes updates on the Maui real estate market. 

The report notes:

U.S. existing-home sales fell for the second month in a row, sliding 1.9% month-over-month and 1.9% year-over-year, according to the National Association of REALTORS® (NAR), with sales down in all four regions of the country. Higher borrowing costs and accelerating home prices continue to weigh on demand, pushing some prospective buyers to the sidelines and causing market activity to slump ahead of summer.

New Listings decreased 4.3 percent for Single Family homes but increased 101.9 percent for Condominium homes. Pending Sales decreased 18.3 percent for Single Family homes and 34.6 percent for Condominium homes. Inventory increased