$2,900,000
1,447 SqFt
2 Beds
•3 Baths
Eric S West RB-20968, Listing Office: Real Broker LLC
Is Kapalua, HI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kapalua has remained a Buyer's Market.
Key Takeaway
Kapalua is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kapalua, HI
How much do homes in Kapalua, HI cost?
Median Sold Price
$1,490,000
$1,321/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$260,000(-14.9%)
Key Takeaway
Homes in Kapalua have sold for 14.9% less than they did a year ago.
Summary: The median home sold price in Kapalua was $1,490,000 in November 2024, down 14.9% from last year, and the median price per square foot was $1,321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.5M | $1.1M | -27.4% |
| 2 Bedrooms | $2.0M | $159.5K | -92.2% |
| 3 Bedrooms | $2.0M | $1.5M | -27.0% |
| 4 Bedrooms | $6.0M | $12.0M | +100.0% |
| 5+ Bedrooms | $7.6M | $17.0M | +121.4% |
Summary: Kapalua housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.4%, 2 bedroom homes decreased by 92.2%, 3 bedroom homes decreased by 27%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 121.4%.
Median Sold Price Compared To Nearby Neighborhoods
| West Maui | $990K | $1.0M | +9.6% |
| Kapalua | $1.7M | $1.4M | -14.9% |
Housing Supply in Kapalua, HI
How many homes are available in Kapalua, HI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 52 | +13.0% |
Summary: The Kapalua real estate market had 52 homes for sale in November 2024, a 13.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 13 | +18.2% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Kapalua housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 30.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kapalua, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Kapalua in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Kapalua, HI
We’re sorry, we don't have information for this market at the moment
