Aloha loyal blog readers and welcome back to my website. I hope you’ve been spending time searching through all the incredible listings I have here on my site. If you need help navigating, please let me know. Give me a call or contact me via my contact page.
Today I’m happy to report on Maui’s booming real estate market. And as the economy continues to do well so does our real estate market on Maui. I’d like to focus on the west side, so read on to learn more.
In Kaanapali, there was one home sold for $3,100,000 in June last month. Two homes were sold for $5,119,000 at a median sales price of $2,559,500 in May 2019. During the same time last year, there were also two homes sold at a median sales price of $1,532,500. So prices here are increasing so act now and buy today!
As for condos in this area, there were 13 condos sold in Kaanapali at a total of $14,474,167 at a median sales price of $795,000 in June 2019. In May of this year, there were 18 condos sold for a total of $20,726,500 at a median sales price of $1,003,500. During June of last year, there were 14 condos sold for a total of $13,701,500 at a median sales price of $812,000. Looks like condo prices are decreasing so it’s a good time to buy here as well.
In Kapalua, there were three homes sold for a total of $5,695,000 at a median sales price of $1,995,000. There were two homes sold in May of this year at a median sales price of $2,550,000 for a total of $5,100,000 and two homes sold during June 2019 for a total of $6,000,050 at a median sales price of $3,000,025. There were 12 condos sold in this area for $36,530,000 at a median sales price of $2,147,500 in June of this year. In May, there were three condos sold for a total of $6,819,000 at a median sales price of $895,000. And in June of last year there were 5 condos sold for a total of $13,196,250 at a median sales price of $3,000,000.
And in the Napili, Kahana, and Honokowai area, there were two homes sold in June for $2,004,000 at a median sales price of $1,002,000. There were five homes sold during May in this area for a total of $5,088,000 at a median sales price of $1,099,000 and during June 2018 there were three homes sold for a total of $3,425,000 at a median sales price of $1,130,000. As for condos here, there were 21 condos sold for a total of $8,303,049 at a median sales price of $470,000. In May of this year there were 25 condos sold at a median sales price of $465,000 and only 15 sold in June at a median sales price of $410,000.
In Lahaina, there were six homes sold for a total of $9,901,000 at a median sales price of $1,025,000. There were 5 condos sold in June for $2,386,360 at a median sales price of $545,000. And seven sold during the same time last year at a median sales price of $4,421,000 at a median sales price of $540,000.
That’s an overview of Maui’s west side real estate. Keep checking back for updates and I hope to hear from you soon. Aloha!
