Is Kapalua, HI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kapalua is a buyer's market

Buyer's
Market

Difference Since October 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

$1,800,000

$1,471/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,000(+5.9%)

Key Takeaway

Homes in Kapalua have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Kapalua was $1,800,000 in October 2024, up 5.9% from last year, and the median price per square foot was $1,471.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.5M$1.1M
-26.2%
2 $1.8M$150K
-92.0%
3 $3.6M$3.4M
-4.2%
4 -$9.0M
N/A
5+ $7.6M$17.0M
+121.4%

Summary: Kapalua housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.2%, 2 bedroom homes decreased by 92%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 121.4%.

Median Sold Price Compared To Nearby Neighborhoods

West Maui
+7.2%
Kapalua
+5.9%

Housing Supply in Kapalua, HI

How many homes are available in Kapalua, HI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5047-6.0%

Summary: The Kapalua real estate market had 47 homes for sale in October 2024, a 6.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1311
-15.4%
2 1413
-7.1%
3 1718
+5.9%
4 22
0.0%
5+ 43
-25.0%

Summary: The Kapalua housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 October 2024, down by 25.0% month-over-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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Kapalua, HI

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