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Just posted: Kapalua Resort Newsletter and Market Update

By
Real Estate Agent with Island Sotheby's International Realty R(S): 56519

The latest update to the Kapalua Resort Newsletterand Market Update is now available online!

In it, you'll find updates on The Ritz-Carlton Club and Residences, the Kapalua Spa, and the new sponsor for the PGA Tour's Mercedes Championship. 

The following is an overview of MLS activity in the Kapalua Resort looking back at the month of April:

  • There are a total of 147 active listings in the resort.  Of these listings, 9 were new listings, ranging from a low of $495,000 as a starting price for the Auction of Ridge 2512 to a high of $2,350,000 for a vacant lot in Plantation Estates II.
  • There was one new escrow: Bay Villa 15G1-3, a Gold Program, two bedroom listed at $1,575,000.
  • There was one closing: the bank owned property at 406 Monarch sold at $1,700,000 and has been re listed at $2,300,000.
  • We have had 4 closings year to date in 2009.  By comparison, we had 16 closings as of this date in 2008.

For more information on the Kapalua Resort, you'll find links to active MLS listings and sales histories.

 

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