In 2022, there were just two sales at Coconut Grove. The low sale was significantly higher than in 2021. The reason for this is that all sales in 2022 were oceanfront, while in 2021 there was a second-row sale. Note: in 2021 and 2022 combined there were 8 sales, which represents 22% of the inventory to change to new ownership.
Metrics: 2022 vs. 2021 Number of Sales -67% Sales Volume -62% Low Sales Price +43% High Sales Price -9% Average Sales Price +14% Average Sales Price/Sq. Ft. +19% Average DOM -57% Average Sales Price/List Price -4%
*Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. Those listings and sales are not accounted for in these figures. Since 2020 about 30% of the residences at the Ironwoods changed hands.
In 2022, the average sales price was buoyed by a record sale of a renovated oceanfront residence. The number of sales matched those in 2020.
Metrics: 2022 vs. 2021 Number of Sales -20% Sales Volume -2% Low Sales Price +53% High Sales Price +51% Average Sales Price +23% Average Sales Price/Sq. Ft. +6% Average DOM -53% Average Sales Price/List Price +3%
In 2022, the Bay Villas also saw a record-high sale of an oceanfront villa. This also served to increase the average sales price. That said, the number of sales was much closer to 2020 figures.
Metrics: 2022 vs. 2021 Number of Sales -67% Sales Volume -57% Low Sales Price +72% High Sales Price +10% Average Sales Price +30% Average Sales Price/Sq. Ft. +36% Average DOM -71% Average Sales Price/List Price +4%
In 2022, the Golf Villas experienced about half of the sales of 2021, but like other properties, the sale of a renovated two-bedroom in 21 building set a record high, thereby increasing the average sales price and price per square foot dramatically.
Metrics: 2022 vs. 2021 Number of Sales -52% Sales Volume -34% Low Sales Price +57% High Sales Price +39% Average Sales Price +39% Average Sales Price/Sq. Ft. +41% Average DOM -34% Average Sales Price/List Price +1%
In 2022, similar to other properties, the available inventory at the Ridge Villas was quite limited. The sale of a two bedroom villa set a record high of $1,900,000.
Metrics: 2022 vs. 2021 Number of Sales -61% Sales Volume -50% Low Sales Price +61% High Sales Price +12% Average Sales Price +26% Average Sales Price/Sq. Ft. +45% Average DOM -61% Average Sales Price/List Price +3%
While the record high sale was in 2021, the average sales price did increase at Montage as did the average sales price/sq. ft. It is noteworthy that the high sale in 2021 was a four bedroom residence. With only eight ever built, these seldom come up, but when they do sell, they command a high price that does impact the average sales price and price per sq. ft. as they are directly oceanfront residences that often command a higher price. The number of sales was similar to 2020, but the volume was significantly higher.
Metrics: 2022 vs. 2021 Number of Sales -63% Sales Volume -61% Low Sales Price +11% High Sales Price -40% Average Sales Price +4% Average Sales Price/Sq. Ft. +16% Average DOM 0% Average Sales Price/List Price -1%
The Ritz-Carlton Kapalua also saw an increase in the average sales price/sq. ft. with an increase in the sales price to list price ratio as well.
Metrics: 2022 vs. 2021 Number of Sales -20% Sales Volume -23% Low Sales Price +5% High Sales Price +0% Average Sales Price -4% Average Sales Price/Sq. Ft. +8% Average DOM -64% Average Sales Price/List Price +5%
If you are thinking of buying or selling in Kapalua, please contact Courtney M. Brown for more detailed information on the market at each of these Kapalua communities,
Listed By: Keller Williams Realty Maui-L Office Contact: Cell: 808-870-7736
Experience The Ultimate Luxury And Privacy In A Newly Reimagined Ritz Carlton Kaplaua Residences After A Perfect Maui Day. This Ground-floor Unit Opens Up Onto A Large Lawn And Is One Of The Most Private Settings In The Complex. This Popular Vacation Rental...
Ocean And Kapalua Bay Course Fairway Views From This Upgraded 2 Bedrooms, 2 Bath Kapalua Golf Villa Abound. Beautifully Upgraded With An Attention To Detail This Villa Has New Window Coverings, New A/c Condenser, New Furniture In Living Room And Guest Bedro...
Breathtaking Ocean Views From This Beautiful Lot Located In One Of The Islands Finest Developments. Imagine Watching Year Round Sunsets And On This Lush 6.09 Acre Parcel Located In Honolulu Ridge Phase Ii In The Plantation Estates. The Buildable Pad For You...
Experience Island Luxury Living At Its Finest With This Stunning "gold Level" Remodeled, One-bedroom/two Bath Ridge Villa In The Prestigious Kapalua Resort On Maui. Offering Captivating Sunrise/sunset Ocean, Island And Coastal Views, With Professionally De...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
Rare, Highly Desirable One-bedroom Town-home Style Ridge Unit With 1,150 Square Feet Of Living Space In A Prime Location. Boasting Terrific, Almost 270-degree Ocean Views From Both The First Level And From Primary Suite Located On The Second Level. The Ridg...
Listed By: Coldwell Banker Island Prop-KP Office Contact: Cell: 808-250-1583
230 Crestview Road Is One Of The Few Remaining Undeveloped Lots In Pineapple Hill Estates, Kapalua Resort's Prestigious Gated Residential Community. This Estate Site Offers Magnificent Ocean And Neighbor Island Views. Plans And Approved Building Permits Are...
Note: care is taken with compiling the data and information, but is subject to change and does not include private transactions not in MLS. Interested parties are advised to do their own due diligence and confirm all figures contained herein.
Courtney M. Brown, R(S) & Team Vice President Island Sotheby's International Realty
*Note Ironwoods 102 was purchased by Pacaso and has been sold off in 1/4 interests. Those listings and sales are not accounted for in these figures. Since 2020 about 30% of the residences at the Ironwoods changed hands.
