Jo Dorner

Jo Dorner's Kapalua Real Estate Blog

Jo, the resident specialist for Kapalua Resort, brings you up-to-date on West Maui's real estate market, Kapalua events, island activities, foreclosures/bank REO's and areas of interest. Subscribe today to receive notification of blog updates!

The Maui Real Estate Market Remains Positive

When it comes to real estate on Maui, now is the time to act.
August 30, 2019


When it comes to real estate on Maui, now is the time to act. So whether you’re looking to buy a home in Kapalua or invest at Pineapple Estates, now is a good time to do so as the market continues to remain steady.

According to the latest report from the Realtors Association of Maui, May continued to be a good month for sales on the island and elsewhere. Experts are claiming the market is a desirable one, and say buyers and sellers are both winning right now. It appears as if an improving unemployment rate, higher wages, and favorable mortgage rates are helping real estate markets everywhere. And Maui is no exception. Read on to learn about Maui’s real estate market for May.

As for single-family home sales in West Maui, here’s what we have so far. In Kaanapali, there were two homes sold at a median sales price of $2,559,500. Prices are up from last month where there were two homes sold at a median sales price of $1,550,000, but sales are still down compared to the same time the previous year where there were six homes sold altogether. In Kapalua, there were two homes sold at a median sales price of $2,550,000. That's one more than last month and one less than the same time the previous year. Prices are down a bit in comparison in this area. In Lahaina, there were six homes sold for a median sales price of $763,500. That’s double from last month where three houses were sold at a median sales price of $2,525,000. During May of last year; however, there were seven homes sold at a median sales price of $710,000. And in the Napili/Kahana/Honokowai area, there were five units sold at a median sales price of $1,099,000. Prices are up in this area overall. Last month there were four homes sold at a median sales price of $995,000, and there were only three sold during May 2018 at a median sales price of $900,000.

As for condos on Maui, In Kaanapali, there were 18 condos sold at a median sales price of $1,003,500 in May. There were 11 sold last month at a higher median sales price of $1,160,000. Last year there were 24 units sold in this area at a median sales price of $733,500. In Kapalua, there were three condos sold at a median sales price of $895,000. Last month there were two condos sold in this area for more money. The median sales price last month was $2,900,000. And last year in May there were six condos sold in Kapalua at a median sales price of $2,272,500. In Lahaina, there were six condos sold at a median sales price of $497,500. That price is down a bit from last month where six condos sold for a median sales price of $537,500. There were 10 condos sold in May 2018 at a median sales price of $461,250. And for Napili/Kahana/ and Honokowai, there were 24 condos sold at a median sales price of $470,000. There were 18 sold last month at a median sales price of $434,000 and 25 sold in May of 2018 for a median sales price of $500,000.

As for Maui as a whole, new listings are down for both single family homes and for condos. Homes are down by 8.3 percent and condos are down by 24 percent. Pending sales increased by 4.7 percent for single family homes but fell 11.4 percent for condos. Inventory is down overall, as well, with a decrease of almost 13 percent for single family homes and 21.5 percent for Condominium homes. That being said, median sales prices are up overall; up by 2.2 percent for single family homes and by 9.7 percent for condos.

That’s an overview of the real estate market on Maui. I hope you feel compelled to buy soon before prices increase. If you have any questions about real estate or any listings featured on my website, please do not hesitate to contact me. Have a great week!

Blogs for August 2019

The Maui Real Estate Market Remains Positive

Posted on August 30, 2019


When it comes to real estate on Maui, now is the time to act. So whether you’re looking to buy a home in Kapalua or invest at Pineapple Estates, now is a good time to do so as the market continues to remain steady.

According to the latest… Continue Reading

Check Out Some of these Incredible Condos for Sale on Maui

Posted on August 16, 2019

If you’ve been saving all your life to retire here or are an avid real estate investor, you know that making a home purchase is a big deal. That’s why I only showcase the best of the best in terms of real estate on Maui and would love… Continue Reading

Homes With a View For Sale at The Ridge at Kapalua

Posted on August 02, 2019

At the Ridge at Kapalua, a luxury resort condominium community on Maui, you will find 161 condos here complete with twenty-eight two-story and three-story buildings that are set throughout one of Maui’s most acclaimed golf courses-the Kapalua Bay Course. You’ll also be in one of the best places in all… Continue Reading

Joline L. Dorner R(S) 29732
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