One of the questions I'm most often asked is how today's market relates to the peak. Rather than just guess, I decided to really find out, and prepared a Market Report, with annual comparison's for the past ten years for each neighborhood in the Kapalua Resort. In reviewing market conditions from 2000-2010, for the most part, we see a 30-60% decline in average sale price (SP) over the market peak, with the majority of condominiums down about 30-40%. Land values were hit the hardest, particularly in Honolua Ridge which was introduced as a new development at … (4 comments)
ironwoods: Changes in the Kapalua, Maui Real Estate Market
- 09/10/09 08:36 AM
Changes in the Kapalua, Maui Real Estate Market. The Kapalua Resort has showed an increase in market activity with two new pending sales this past week: Newly pending are Ridge Villa 1511, listed at $899,900, and 1000 Sunset in Pineapple Hill, listed at $2,645,000. These two escrows join two others from August: My listing at Kapalua's Bay Villa 23G2, listed at $1,395,000, and Golf Villa 26P1-2, listed at $750,000. The sale of 1511 will be the first at the Ridge Villas in over a year. As there have not been comparable sales in that time, this should be a helpful marker of the current values at the Ridge … (2 comments)
ironwoods: Kapalua Resort Market Activity: Year to Date
- 02/11/09 11:35 AM
The following is an update for the Kapalua Resort Market, including Active Listings, Pending Sales, and Sales Year-to-Date. You will note that pricing in the resort ranges from $575,000 for a one bedroom Golf Villa to $19,500,000 for a home in Kapalua Place. There has been one property sold this year, at the Golf Villas, and there are two properties pending, one in Pineapple Hill, and one at the Residences.
Please note: all information is compiled from the Maui MLS system on the date of this posting. It is believed to be accurate, but is subject to change, and should not be relied … (0 comments)
Author Bio: Courtney Brown is a Realtor with Island Sotheby's International Realty in Maui, Hawaii. Courtney was born here in Maui and educated at Smith College. She specializes in Maui real estate, with a focus on second homes, oceanfront, and resort properties in Kapalua, Napili, Kaanapali, and West Maui. p>
;)
;)
;)
