Skip To Content
    • Home
    • Condos
    • Classic & Unparalleled | Kaanapali Villas Flexing Muscles Amid SEE-O-VEE-I-D

    Classic & Unparalleled | Kaanapali Villas Flexing Muscles Amid SEE-O-VEE-I-D

    As part of my commitment to keeping the community informed about West Maui’s resort laden, micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of the Maui Kaanapali Villas, Kaanapali North Beach’s classic oceanfront resort condo community.

    What You’ll Find 
    • Actual Sales Prices: learn exactly how much specific properties sold for
    • Sales Volume: see the strength of the market in terms of how many properties sold
    • Days on market: understand how long it takes the average property to sell
    • List Price vs. Sold Price: see how the final sales price compares to the listing price
    • Price Per Square Foot: which is critical in calculating real estate values
    • Asset % Growth: what is the year over year appreciation of my property
    • Current Inventory: what is actively for sale and currently under contract
    Before we dig into the numbers, make sure you subscribe to my blog if you want to be notified of future market reports as they come available.

    2020 Maui Kaanapali Villas | Market Headlines

    • -It’s an Undeniably Strong Seller’s Market | An Emphasized Hyper Demand for MKV.
    • For perspective of non-Covid versus Covid market. Historically MKV averages 8 sales per year.
    • This year, 7 have already sold with 4 others currently under contract.
    • 2020 MKV sales are averaging ONLY 50 days on market from listing to closing date. Way way under West Maui’s resort condo average.What else shows hyper demand? Big, bad, full priced offers…that’s what!
    • In the studio sector – 5 of the 7 units that have sold, did so at 100% of list price. One of them was $20K over asking. On the 1 bedroom side, both units that did sell sold 100% at or above list price. That’s 6 out 8 all 2020 sales at-or-above full price.-2 units are actively listed for sale.
    castaway cafe at maui kaanapali villas

    Bedroom & Bathroom | Click on the images/links for interactive

    maui kaanapali villas average sales price chart Studio
    YEAR Avg List Price Avg Sale Price % of list price Yr Gr % Price/sq ft Avg DOM Total # Sold
    2020 $555,880 $532,880 96% 23.9% $940 49 5
    2019 $430,000 $430,000 100% 14.5% $790 47 1
    2018 $386,112 $375,688 97% -0.9% $742 228 8
    2017 $400,500 $379,000 95% -13.4% $839 123 3
    2016 0
    maui kaanapali villas average sales price 1 bedroom chart 1 Bedroom
    YEAR Avg List Price Avg Sale Price % of list price Yr Gr % Price/sq ft Avg DOM Total # Sold
    2020 $752,500 $762,500 101% -6.6% $829 58 2
    2019 $823,000 $816,250 99% 55.0% $967 50 4
    2018 $546,333 $526,667 96% -33.0% $572 452 3
    2017 $822,500 $786,250 96% 33.9% $855 425 2
    2016 0
    maui kaanapali villas 2 bedroom average sales price chart 2 Bedroom
    YEAR Avg List Price Avg Sale Price % of list price Yr Gr % Price/sq ft Avg DOM Total # Sold
    2020 0
    2019 0
    2018 $1,889,000 $1,797,000 95% 116.5% $1,306 156 1
    2017 $890,000 $830,000 93% -22.8% $722 317 1
    2016 $1,136,667 $1,075,000 95% 38.7% $742 126 3

    2020 Comparative Market Detail Report

    Building Name Unit LT Bds Bths Liv-SF L Price Sold Price Price/ Sq Ft Closing Date DOM
    Maui Kaanapali Villas A116 FS 0 1 544 $469,000 $469,000 $862 10/21/2020 43
    Maui Kaanapali Villas A118 FS 0 1 544 $479,000 $464,000 $853 10/9/2020 43
    Maui Kaanapali Villas A402 FS 1 1 920 $775,000 $775,000 $842 9/11/2020 91
    Maui Kaanapali Villas E288 FS 0 1 628 $899,000 $799,000 $1,272 9/9/2020 87
    Maui Kaanapali Villas A-318 FS 0 1 544 $499,900 $499,900 $919 7/21/2020 38
    Maui Kaanapali Villas P-11 FS 1 1 920 $730,000 $750,000 $815 6/22/2020 24
    Maui Kaanapali Villas C155 FS 0 1 544 $432,500 $432,500 $795 6/12/2020 32
    AVG $612,057 $598,486 $908 51
    MED $499,900 $499,900

    Want to Know More?

    If you are in the market for buying or selling Kaanapali real estate or have any questions about the area or the West Maui market in general, please feel free to contact me. I welcome the opportunity to give you information on my previous sales performance and marketing strategies. Or if you’re curious about what your property is worth in today’s market, it would be my pleasure to provide you with property information and a value assessment free of any sales pitch.

    Related Articles:

    Kaanapali Beach, Reasons Why You’ll Love It Maui Kaanapali Villas: High Demand, Low to No Inventory The post Classic & Unparalleled | Kaanapali Villas Flexing Muscles Amid SEE-O-VEE-I-D appeared first on Hawaii Real Estate Market & Trends | Hawaii Life.
    Comments are closed.