Condos

High Demand & Strong Sales Continue At Iconic Kaanapali Alii

As part of my commitment to keeping the community informed about West Maui’s micro-market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of Kaanapali Alii, Kaanapali Beach’s luxury 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

Neighborhood Snapshot

  • There have been 13 Kaanapali Alli sales through 10 months of 2019, matching last year’s total of 13 and with 2 currently under contract…it’s shaping for a strong year.
  • Sales are almost evenly split between 1-bedroom units (5 sold, 2 pending) and 2 -bedroom units (8 sold).
  • Prices are once again up – 2019 +3% (1 -bedroom) +14% (2 -bedroom) Average sales price seeing positive growth for 3 consecutive years now.
  • There are 7 actively listed units available for sale (4, 1 -bedroom, 3, 2-bedroom).

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.

Bedroom/Bathroom Breakdown Kaanapail Alli: Historical Sales Summary

 1-Bedroom (click on the images/links for interactive)

Year Avg List Price Avg Sales Price % to List Yr Growth % DOM # Sold
2019 $1,686,000 $1,614,000 96% 5% 230 5
2018 $1,628,750 $1,535,625 94% 1% 248 4
2017 $1,615,600 $1,513,500 94% -3% 147 5
2016 $1,701,556 $1,564,333 92% -9% 115 9
2015 $1,896,667 $1,720,000 91% 44% 250 6
2014 $1,325,000 $1,191,667 90% -16% 374 3

 2-Bedroom (click on the images/links for interactive)

Year Avg List Price Avg Sales Price % to List Yr Growth % DOM # Sold
2019 $3,351,000 $3,158,125 94% 3% 124 8
2018 $3,247,273 $3,056,318 94% 13% 186 9
2017 $2,903,111 $2,709,167 93% -12% 134 9
2016 $3,383,333 $3,083,333 91% 43% 133 3
2015 $2,150,000 $2,150,000 100% -16% 35 1
2014 $2,681,667 $2,560,000 95% 16% 99 9

Current 2019 Kaanapali Alii Market

Want to Know More?

If you are in the market for buying or selling Kaanapali Alii real estate or have any questions about the area or the 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

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