Kapalua Golf Villas: The Market is Moving

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

Kapalua Golf Villas: The Market is Moving

I am pleased to announce that in response to the price reduction of Kapalua Golf Villa 15V3 to $560,000 yesterday, we received an offer and placed it into escrow today.

This is continued evidence of a pick up in the real estate market in Kapalua.   The momentum has been largely in the lower end of each market segment.  For example, condos in the $500-1,000,000 range and homes in the $1.7-2,700,000 range have constituted the bulk of the sales. 

Land re-sales continue to be slow, while new developer land sales were limited to the one sale this year was a 124 acre parcel sold by Kapalua Land Company.  Known as Mahana Estates, this parcel can be further subdivided to 51 lots, in compliance with the design standards of the Kapalua Resort. 

For more information on the Kapalua and Maui real estate markets, please contact me at info@luxuryrealestatemaui.com or visit www.LuxuryRealEstateMaui.com

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Location:
Hawaii Maui County Lahaina Kapalua
Groups:
Vacation and Second homes
Resort and Second Properties (RSPS)
Luxury Home Agents
Tags:
maui real estate
kapalua real estate
kapalua golf villas
kapalua condos for sale
kapalua homes for sale
golf villas kapalua

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Rainer
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Marcy Eastham
Town & Country Realty Corvallis Oregon - Corvallis, OR

Wow, someone got a great deal!  I noticed that the Ridge prices are bit lower as well.  Glad to hear things are picking up for you, Courtney!

Sep 29, 2009 05:22 AM #1
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Rainmaker
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Courtney Brown, Realtor (S) Vice President

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