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June Condo Market Picks Up Pace | West Maui Real Estate

As it is my commitment to keeping the local community informed, I am pleased to share with you the most recent West Maui home, land, and condo sales reports for your review — covering Kaanapali, Kapalua, Lahaina, and Launiupoko. You’ll find real estate sales volume, days on market, list versus sold price, price per square foot, and significantly more.

West Maui June 2020 Headlines

For further details on any of the statements below, please refer to the sales reports.

  • 37 sales total
  • For comparison May alone had 30 | 2019 avg is 65/mo
  • No land sales in June
  • Condo Market doubles up over May 
  • Million Dollar Maui | High-End Real Estate Market Gaining Traction
  • Median Sales Prices:
    • Homes: June $893K
    • Condos: June $553K
    • Land: N/A
  • Highest Priced Sales:
    • Home – $3.85M in Plantation Estates
    • Condominium – $2.29M at Kaanapali’s Honua Kai
  • Lowest Priced Sales:
    • Home – $690K in Lahaina’s Kahoma Village neighborhood 
    • Condo – $145K at the Napili Ridge in the Napili neighborhood

 

Historical Median & Average Price Comparison

 

Year Median Sold Price Median Price % Yr Gr Avg Sold Price Avg Price % Yr Gr DOM # Sold
2020 $1,230,000 -0.6% $1,810,491 4.8% 146 64
2019 $1,236,922 2.4% $1,727,294 -3.2% 173 137
2018 $1,207,500 9.8% $1,785,099 15.4% 188 130
2017 $1,100,000 4.8% $1,546,633 -3.0% 185 139
2016 $1,050,077 5.0% $1,595,145 14.0% 194 147
2015 $1,000,000 1.5% $1,399,530 -4.6% 204 116

 

Year Median Sold Price Median Price % Yr Gr Avg Sold Price Avg Price % Yr Gr DOM # Sold
2020 $665,000 14.8% $885,245 5.1% 204 249
2019 $579,500 1.7% $841,913 1.0% 182 614
2018 $570,000 4.2% $833,812 2.8% 157 549
2017 $547,000 8.0% $811,436 9.0% 164 482
2016 $506,250 -0.7% $744,555 -3.9% 211 490
2015 $510,000 -1.0% $774,910 -3.1% 240 445

 

Year Median Sold Price Median Price % Yr Gr Avg Sold Price Avg Price % Yr Gr DOM # Sold
2020 $601,788 -19.8% $730,808 -26.2% 125 10
2019 $750,000 -7.7% $990,609 1.1% 256 23
2018 $812,375 -1.5% $979,829 18.1% 526 22
2017 $825,000 -2.9% $829,477 -5.0% 293 33
2016 $850,000 32.3% $873,147 7.0% 294 49
2015 $642,500 -6.9% $815,858 -22.7% 498 30

Want to Know More?

If you are in the market for buying or selling West Maui 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

Maui Real Estate Post Co-Vid | New Contract Volume

Million Dollar Maui | High-End Real Estate Gaining Traction

West Maui Real Estate Hitting Wall | Lux Market Still Churning

 

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