Market Intelligence

May 2017 West Maui Real Estate Report – As Told In Headlines

I am pleased to present this May 2017 West Maui Sales report in its original raw format, free of any scripted beginning, middle, or end. And free of any storyline, plot, or main central character. Because honestly, let’s face it… well-versed words, paragraphs, and statistics just do not go together.

Hence, the reason why baseball cards, product ingredient labels, and other summarizing quick-reference cheat sheets were invented. So for those that subscribe to this same mantra and prefer it delivered straightforward in a glance and easy to come back to… here you go.

By the Numbers

62 total transactions/ May Up 8% Over Same Time Last Year

12 residential home sales / Launiupoko Dominates Residential Sales OR another could be Kapalua Shut Out in May: One Sale in 2017

4 land sales  /  Large Estate Coffee Farm LOTS Selling Very Well

Highest condo sale $3.35M  /  Oceanfront Kaanapali Alii Dwarfs the Condo Competition

Lowest condo sale $225K  /  Maui Lani Terraces: First Time Home Buyer Affordable

Most units in a condo building sold 4  /  Vacation Rental Gem Honua Kai, Keeps A Rollin

2017 vs 2016 total sales units =  -16%   /  Sales Volume Down Prices Remain Strong

2016 vs 2015 total sales units = +17%  / For Reference About the Statement Above

 

Pricing / That Studio Condo is How Much?

May 2017 Residential $
Under $1M avg $656,250
Over $1M avg $2,221,844
Low $425,000
High $4,465,000
Area Avg Sales  Price
Kaanapali $1,200,000.00
Lahaina $633,333.33
Launiupoko $2,633,950.00
Kahana $725,000.00
Napili $1,655,000

 

May 2017 Land $
Under $1M avg $751,500
Over $1M avg $1,750,000
Low $349,000
High $1,750,000
Area Avg Sales Price
Kaanapali $952,750.00
Lahaina $349,000.00
Launiupoko $1,750,000.00

 

May 2017 Condo $
Under $1M avg $513,951
Over $1M avg $2,107,188
Low $255,000
High $3,350,000
Area Avg Sales Price
Kaanapali $1,257,056.25
Kapalua $902,499.50
Lahaina $430,250.00
Napili/Kahana/Honokowai $551,387.45

Next month: …with a hint of sensationalism and delivered 10 days earlier 🙂 Aloha!

Wanna Know More?

For resourceful, one of a kind statistics, information, and updates relevant to the West Maui real estate market, subscribe to my newsletter – representing the areas of Lahaina, Kaanapali, and Kapalua.

If you are in the market for buying or selling West Maui real estate, or have any questions about the area, island life, or real estate 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 pitches.

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