Kapalua Real Estate Market Update | March, 2015
The Kapalua Resort is comprised of four residential neighborhoods and seven condominium communities. There are 755 condominiums and 243 home sites in the Kapalua Resort. It should be noted that some have been combined to create larger lots, and there are oceanfront 3 parcels that are not part of a subdivision. The following is an update on the Year to Date Market:
Kapalua Market Overview
CONDOMINIUMS
- Active Listings: 72 Condominiums. Asking prices range from $630,000 to $5,395,000. Total Listing Volume: $130,546,788
- Pending Sales: 6 Condominiums. Asking prices range from $675,000 to $4,750,000. Total Pending Sales Volume: $12,178,000
- Sales (2015): 7 condominiums. Sales prices ranged from $660,000 to $4,600,000. Total Sales Volume: $16,160,000
HOMES
- Active Listings: 31 Homes. Asking prices range from $2,149,000 to $23,950,000. Total Listing Volume: $214,806,800
- Pending Sales: 5 Homes. Asking prices range from $1,975,000 to $8,900,000. Total Pending Sales Volume: $21,015,000
- Sales (2015): 1 Home. Total Sales Volume: $3,196,000
VACANT LAND
- Active Listings: 17 Vacant Lots. Asking prices range from $975,000 to $2,300,000. Total Listing Volume: $25,930,500
- Pending Sales: 0
- Sales (2015): 0
The bulk of the year to date sales activity has been in the Kapalua condominium market, the Golf Villas, Bay Villas, and the Montage Residences Kapalua Bay.