Kapalua Real Estate: Mid-Year Market Spotlight 2016 Q1-2

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 with sales statistics through June 30, 2016:

Kapalua Homes:

Active Listings: 25 (up 3 from the first quarter)
Price Range: $2,350,000 to $17,600,000
Average List Price: $4,825,364
Size Range: 3,390 sq. ft. to 8,179 sq. ft.

Pending Sales: 3
Price Range: $5,200,000 to $13,200,000
Average Listing Price: $8,133,333

Sales Through 2016 Q2: 9
Price Range: $2,150,000 to $6,470,000
Average Sales Price: $3,376,666

Sales Through 2016 Q2: 8
Average Sales

Kapalua, MauiJanuary 7-10, 2016 | The Plantation Course at Kapalua

Each year since 1999, the Kapalua Resort has been home to the PGATour's Tournament of Champions.  Now the Hyundai Tournament of Champions, the purse is $5,900,000 for this invitation only event.

The Plantation Course, managed by Troon, is one of Maui's most famous courses, having received accolades such as the #1 Golf Course in Hawaii by GolfWeek Magazine.  The 7,411 yard par 73 layout features some of the best views on Maui, and is surrounded by some of Kapalua's most desirable real estate: the Plantation Estates.

Comprised of just 52 homesites, the Plantation Estates features homes nestled along the course, with some of the finest views from homes on 16, 17, and 18.

One such