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Paki Maui Market Update: December 2019

by Heidi Dollinger, R(S)

Paki Maui for Sale

 PAKI MAUI ACTIVE LISTINGS  
 Current Listings      3
 Low List Price  $380,000
 High List Price  $899,000
 Average List Price  $686,000
 Average LP/Sq. Ft.  $854
 Average Days on Market  82
 PENDING SALES  
 Volume  2
 Low Sales Price  $325,000
 High Sales Price  $355,000
 Average Sales Price  $340,000
 Average LP/Sq. Ft.  $672
 Average DOM  58
 PAKI MAUI SALES YTD  
 Sales Volume  10
 Volume ($)  $4,498,500
 Low Sales Price  $277,000
 High Sales Price  $708,000
 Average Sales Price
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MAUI OCEANFRONT HOMES
Market Update, November 2019

Lahaina Oceanfront Home for Sale

1437 Front Street is an oceanfront home for sale in the heart of Lahaina, on historic front street
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Update 1/27/2020:  Since this post was written, the classification of 6 sales in Makena was changed from Beachfront to Across the Street from the Ocean.  These sales totaled $60,162,136.  As they were developer sales the escrow could only close once construction was complete, so they had a very high Days on Market Count, averaging 1202 days on market.

As such, the statistics and summary below have changed.  Please see the post written 1/27/2020 for updated statistics.

Maui has several areas with oceanfront homes: West Maui, South Maui, North Shore, East Maui and Central

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Pineapple Hill and Pineapple Hill Estates Market Update, Oct 2019

Kapalua's Pineapple Hill and Pineapple Hill Estates is a popular neighborhood in the heart of the Kapalua Resort.

Pineapple Hill Kapalua Home for Sale

Pineapple Hill is the first phase of the development and was originally designed with 99 homesites, most being a quarter-acre, though many of them were consolidated to make larger lots.  Owners must build one of six floor plans (thought modifications are allowed with approval from the Design Review Committee), unless buildling on two or more contiguous lots, in which case a custom home is permitted.  

Pineapple Estates was annexed in early in 2001, with 31 homesites being integrated into the community.  Lots are larger (approximately a half-acre) and custom homes

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Spotlight on Aina Nalu:

Market Update through September 30, 2019

Aina Nalu

The Pool at Aina Nalu is a calm oasis in the heart of historic Lahaina town

by Heidi Dollinger, R(S)

Located on 8.63 acres, Aina-Nalu is one of the few Airbnb vacation rentable communities right in Lahaina town, close to all the shopping and restaurants on Front St. in Lahaina, and close to Lahaina Harbor for whale-watching boat excursions, fishing, and sunset sails.  Aina-Nalu is located just a few blocks from the ocean, and a short drive to many of the most popular West Maui beaches. There is an infinity-edge saltwater pool and hot tub spa, and another smaller kidney-shaped pool, and several bbq areas with gas grills.  Amenities include a large open-air pavilion, and

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Kapalua Golf Villas: Market Overview September 2019

Kapalua Golf Villa for SaleKapalua Golf Villa 21P3,4 enjoys a sweeping view of the Pacific ocean and outer island of Lanai

The Kapalua Golf Villas is a popular community located in the heart of the Kapalua Resort.  Built in 1979, the property is comprised of 16 buildings on 15.84 acres.  Originally designed with one and two-bedroom floor plans, there have been some two-bedroom loft-style floor plans that were converted to three-bedroom villas.  Onsite amenities include four swimming pools and barbeque areas.  The Kapalua Resort is home to two championship golf courses, tennis, hiking, world-class dining and some of Maui's most beloved beaches.

Quick Market Overview Active Listings:

View Current Listings of Kapalua Golf

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Quick Market Overview Launiupoko Homes:

Launiupoko

View Current Listings of Launiupoko Homes for Sale

Launiupoko Homes Active Listings

Launiupoko Homes All No CPR* Main Home Lot CPR Cottage Lot CPR
Active Listings 21 7  10
Volume $92,494,000 $41,664,000  $42,736,000  $8,094,000 
Low LP $1,150,000  $2,999,000 $2,125,000  $1,150,000 
High LP $8,750,000  $8,750,000 $6,995,000  $2,700,000 
Average LP $4,404,476  $5,952,000 $4,273,600  $2,023,500 
Average LP/Sq. Ft $1,274 $1,139 $1165  $1786 
Average Sq. Ft. 3696 5223 3634  1180 
Average Beds/Baths 3/4 3/4 4/4  2/2 
Average DOM
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Montage Residences Kapalua Bay: Condominium Listings and Sales
Market Overview September 2019

Montage Kapalua Bay

Montage Residences at Kapalua Bay
Whole Ownership Condominium Residences

When originally developed as a Ritz-Carlton Club and Residences in 2008, the property was comprised of 84 wholly-owned three and four-bedroom residences, some of the largest condominiums available in West Maui.  These residences are located in buildings 1, 2, 5 and 6 and ranged from 2,789 to 4,055 sq. ft. 

The development also included 62 smaller two and three-bedroom residences that were offered as 1/12 ownership located in buildings 3 and 4.  Since then, the property was re-branded in 2014 and all developer fractional sales were halted. 

Since being rebranded the Montage

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Live front and center on the Beach at Kapalua Bay:

Spotlight on the Coconut Grove on Kapalua Bay

 Coconut Grove on Kapalua Bay

Introducing Coconut Grove #22

The Coconut Grove is a secluded gated enclave of just 36 private condominium residences overlooking Kapalua Bay.  Coconut Grove #22 enjoys an exceptional location at the center of Kapalua Bay.  This second-floor residence features an elevator and a garage.  It is perfectly positioned to take in Maui’s dramatic sunsets while listening to the calm waters of the Pacific Ocean.  The Coconut Grove was designed with island living in mind--pocketing doors open the living room to the spacious lanai.  This residence has been impeccably maintained and is offered move in ready with contemporary island-style furnishings and

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KAPALUA RESORT CONDOS: Market Update 2018 | Q3 


Ritz Carlton Kapalua
Ritz Carlton Condo for Sale Ritz Carlton Condo for Sale Ritz Carlton Condo for Sale

Ritz-Carlton Residences, Kapalua: Residence 1614-16 offered at $2,250,000

KAPALUA VILLAS & THE LUXURY CONDOMINIUM SECTOR

KAPALUA RESORT CONDOMINIUM: Active Listings

KAPALUA LISTINGS     ACTIVE     AVERAGE LIST PRICE        DOM     INVENTORY (MONTHS)**       
Coconut Grove    0   ---   ---   ---   ---
The Ironwoods   3   $2,496,633   445   ---   ---
Kapalua Bay Villas    25   $1,242,960   269   12.5   +6%
Kapalua Golf Villas   17   $827,229   225   9.1   -28%
Kapalua Ridge
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Maui Real Estate Market Overview and Buyer Statistics: Quarter 1 | 2018

Many Buyers and Sellers want to know where buyers of Maui County real estate call home (in this case, their legal residence).  There is often a misperception that the majority of our foreign buyers come from Asia.  While this might be true for Oahu's market (particularly Honolulu), it hasn't been the case for Maui County, which includes the islands of Molokai and Lanai.  Each year, Title Guaranty, one of Hawaii's most reputable Title and Escrow Companies, provides us with Buyer statistics.  

MAUI BUYER STATISTICS: TOP FOREIGN AND US BUYERS

So far in 2018, we see a similar pattern of where Buyers of Maui real estate originate, both from abroad and the mainland US.

Canada

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