Since 2000, there have been 121 transactions at the Kapalua Ridge Villas recorded in the MLS. On average, sales prices were 93% of List Price.
Market Peaks:
2000, 2002: Total Number of Sales Peaks at 16 both years
2004, 2005, 2011: Average Sales Price was 98% of the Average List Price
2005: High Sale $1,700,000
Sales Volume ($) Peaks at $13,427,000
2006 : Average Sale Price Peaks at $1,130,600
2008: Average Sales Price ($)/ Sq. Ft. Peaks at $910
2009: Average Days on Market Peaks at 369
Market Lows:
2000: Average Sales Price is at a low of $505,343
Average Sales Price ($) reaches a low of $348
2007: The Average Sales Price drops to 89% of the Average List Price
2008: Average Days on Market Drops to 28
2009: Total Number of Sales bottoms at 1
Sales Volume ($) bottoms at $725,000
Since 2011, The Ridge Villas was relatively stable with regard to Average Sales Volume ($)/Sq. Ft. (up 3%) and Average Sales Price down 1%. However, 2012 year saw a dramatic increase over 2011 in both the Number of Sales (up 367%) and Sales Volume ($) (up 362%). The Average Days on Market dropped 14% with sales reaching 14, just slightly below the market peaks in 2000 and 2002.
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