Maui Real Estate | Courtney M. Brown, Realtor | Island Sotheby's International Realty
Maui Real Estate | Courtney M. Brown, Realtor | Island Sotheby's International Realty
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Kapalua Resort | The 2015 Mid Year Market Review

212 Plantation Club Drive Kapalua

THE MARKET IN 2015

Comparing where we are now to the same period in 2014, as well as the highs and lows of the market.

  • In the first half of 2015, there were 29 sales as compared with 20 in the first half of 2014
  • When looking at the first half of 2015, almost all market indicators are up: the number of sales is up (+45%), Low Sales Price (+5%), Average Sales Price (+16%) Median Sales Price (+48%), High Sales Price (+14%) and Sales Volume (+68%). As one might expect, Average Days on Market is down -20%, and the only anomaly is a slight change in Average Sales Price/Sq. Ft., which is down just -3%.

 

SINCE THE PEAKS:

When examining the peaks, it’s important to again note: the Number of Sales and Sales Volume peaked in 2004. Average and Median Prices peaked in 2007.

  • Low Sales Price (-12%), Average Sales Price (0%) Median Sales Price (-12%), and High Sales Price (-41%).

THE BOTTOM:

It appears that after peaking in 2007, the bottom of the Kapalua market was in 2012, most metrics are up with the exception of the High Sales Price, which can easily be swung by just one sale.

  • Low Sales Price (+97%), Average Sales Price (+107%) Median Sales Price (+192%), and High Sales Price (-5%).

Click for more information and to read the entire Market Report or visit the Magazines section of aMauiLife.com

 

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About the author

Courtney is a realtor with Island Sotheby's International Realty. In 2014, she was honored with the recognition as the Realtor of the Year by the Realtor's Association of Maui. She is from Makawao, Maui and attended Smith College.

Wealth-X and Sotheby’s International Realty: Multi-Homers ReportMaui New Development Update: June, 2015

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Courtney M. Brown, R(S) Vice-President Island Sotheby's International Realty 5095 Napilihau Street, Suite 113A Lahaina. HI. 96761 808.250.0210 cb@luxuryrealestatemaui.com
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