Quarter 2 - 2009
Kaanapali Shores Sales Statistics
Below are the sales statistics for Kaanapali Shores for the 2nd quarter of 2009. There were two sales during the quarter:
•· A one bedroom ocean view (#750 - 717 sq.ft.) that closed for $410,000 (not remodeled)
•· A two bedroom ocean view (#161 - 1078 sq. ft) that closed for $970,000 (not remodeled).
Prices continue to be influenced by the distressed properties on the market and the urgency to complete upgrades required to remain in the Aston rental program. Some appraisers are noting that Maui is a declining market on their appraisal reports. Even though overall activity levels are picking up, there is no sign that Maui condo prices will increase in the near term.
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Studio |
1 Bedroom |
2 Bedroom |
|
Second Quarter Listings: |
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Units for Sale |
7 |
24 |
14 |
|
Units Sold |
0 |
1 |
1 |
|
Sold Price
Asking Price High |
n/a
$449,000 |
$410,000
$649,500 |
$970,000
$1,950,000 |
|
Asking Price Low |
$277,000* |
$335,000 |
$545,000 |
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|
|
|
|
Short Sale/REO listings in Q2 |
0 |
2 |
1 |
|
Active as of 6/30/09: |
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|
|
|
Median Asking Price |
$309,500 |
$454,500 |
$1,250,000 |
|
Low Asking Price |
$277,000* |
$379,000 |
$545,000 |
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|
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|
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Pending units as of 7/29/09 |
0 |
2 |
1 |
|
Active listings as of 7/29/09 |
6 |
15 |
8 |
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|
|
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Average Days on Market - 7/29/09 |
207 |
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*Leasehold property
Lee and Barbara of Aloha Realty Group are proud owners at Kaanapali Shores. If you would like more information about buying or selling at K. Shores, you owe it to yourself to find out what makes the Aloha Potts Team different.
The Aloha Potts Team at Aloha Realty Group is certified to list and sell distressed properties.
For more details or to request your free property analysis, contact us at 808-344-5008 (Barbara) or 808-276-8776 (Lee) or email lee@alohapotts.com or barb@alohapotts.com.
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