Kapalua Ridge Villas: Maui Real Estate Market Update for June 22, 2012

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

Kapalua Ridge VillasSpotlight on the Kapalua Ridge Villas: Active Listings, Pending Sales, and Sales for 2012 by Courtney Brown, R(S)

One of Kapalua Resort’s most popular condominium communities, the Kapalua Ridge Villas is perched overlooking Oneloa Bay and is situated on the famed Kapalua Bay Course. Located in the heart of the resort, the Ridge Villas is comprised of 161 buildings in 28 buildings on approximately oceanview 21.5 acres, the Ridge Villas offers one, two and three bedroom villas with ocean and/or golf course views

  • Ridge Villas active listings: 8, ranging from $595,000 to $1,395,000
  • Ridge Villas pending sales: 2
  • 2012 Ridge Villas sales: 6
  • 1 Bedroom Ridge Villa Average sales price: $572,750
  • 1 Bedroom Ridge Villa Average list price: $612,500
  • Sales price to list price ratio: 93.5%
  • 2 Bedroom Ridge Villa Average sales price: $947,500
  • 2 Bedroom Ridge Villa Average list price: $1,100,000
  • Sales price as percentage of list price: 86%
  • Ridge Villas Absorption Rate: with 9 sales in the last year, and 8 active listings, there is an 11 month of inventory, which is considered a buyer’s market.

MLS Sales Summary:

Unit L Price Sold Price Close Date Bds Bths
1721 $620,000 $566,000 1/26/2012 1 2
921-23 $1,100,000 $895,000 2/24/2012 2 3
2821-22 $1,100,000 $1,000,000 3/6/2012 2 3
815 $585,000 $560,000 4/5/2012 1 2
1521 $649,000 $600,000 4/11/2012 1 2
1412 $595,000 $565,000 6/15/2012 1 2

For more information on the Ridge Villas or any other Kapalua community, please don’t hesitate to contact me.

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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Courtney, an interesting report on the villas at Kapalua Ridge. Keep and eye out for our Kerrie, she's heading your way

Jun 22, 2012 12:27 PM #1
Rainmaker
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Courtney Brown, Realtor (S) Vice President
Island Sotheby's International Realty - Lahaina, HI
Live a Maui Life!

Thank you Ed!

Have Kerrie call me if she needs anything.

Jun 22, 2012 12:31 PM #2
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Rainmaker
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Courtney Brown, Realtor (S) Vice President

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