As part of my commitment to keeping the community informed about West Maui’s resort prominent micro market real estate environment, I’m bringing you an up-to-date, comprehensive property market summary of the Whaler at Kaanapali, Kaanapali’s iconic oceanfront resort condo community.
Whaler I & II – Kaanapali Beach’s iconic Twin Towers
What You’ll Find
- Actual Sales Prices: learn exactly how much specific properties sold for
- Sales Volume: see the strength of the market in terms of how many properties sold
- Days on Market: understand how long it takes the average property to sell
- List Price vs. Sold Price: see how the final sales price compares to the listing price
- Price Per Square Foot: which is critical in calculating real estate values
- Asset % Growth: what is the yr over year appreciation if my property
- Current Inventory: what is actively for sale and currently under contract
Whaler at Kaanapali | Market Headlines
- 16 Whaler sales in 2019 – Matching each of the last 2 year’s total
- Avg Sales Price = $1.19M (+2%)
- Studio & 1-bedroom units particularly have been in high demand producing 13 of the 16 sales and spending just 66 & 151 days average time on market from day listed to closing.
- Studio unit sales prices increased 9%, 1 bedroom -5% & 2 bedrooms +5% over 2018.
- Overall average sale price has positive growth for the 4th consecutive year.
- There are 10 actively listed units available for sale and 1 under contract.
Before we dig into the numbers, make sure you subscribe to my newsletter if you want to be notified of future market reports as they come available.
The Sales Averages (click on the images/links for interactive)
| Year | Avg List Price | Avg Sold Price | List v Sale% | Yr Gr | Price/Sq Ft | DOM | # Sold |
| 2019 | $1,265,563 | $1,187,500 | 94% | 2% | $1,380 | 181 | 16 |
| 2018 | $1,253,681 | $1,166,563 | 93% | 3% | $1,325 | 172 | 16 |
| 2017 | $1,212,188 | $1,128,556 | 93% | 10% | $1,209 | 210 | 16 |
| 2016 | $1,467,111 | $1,022,500 | 70% | 33% | $1,327 | 295 | 9 |
| 2015 | $833,500 | $769,875 | 92% | -19% | $1,006 | 204 | 5 |
| 2014 | $999,676 | $951,059 | 95% | 10% | $1,058 | 230 | 17 |
Sales By Bedroom/Bathroom
| Studio | |||||||
| Year | Avg List Price | Avg Sold Price | List v Sale% | Yr Gr | Price/Sq Ft | DOM | # Sold |
| 2019 | $825,833 | $792,500 | 96% | 9% | $1,507 | 66 | 6 |
| 2018 | $756,250 | $728,750 | 96% | 16% | $1,383 | 147 | 4 |
| 2017 | $674,333 | $628,300 | 93% | 1% | $1,188 | 251 | 3 |
| 2016 | $635,000 | $620,000 | 98% | -3% | $1,144 | 245 | 1 |
| 2015 | $675,000 | $639,500 | 95% | 6% | $1,223 | 197 | 1 |
| 2014 | $628,100 | $602,800 | 96% | 11% | $1,138 | 147 | 5 |
| 1 Bedroom | |||||||
| Year | Avg List Price | Avg Sold Price | List v Sale% | Yr Gr | Price/Sq Ft | DOM | # Sold |
| 2019 | $1,178,429 | $1,095,714 | 93% | -5% | $1,213 | 151 | 7 |
| 2018 | $1,234,390 | $1,152,500 | 93% | 14% | $1,274 | 175 | 10 |
| 2017 | $1,079,727 | $1,007,000 | 93% | -14% | $1,114 | 216 | 11 |
| 2016 | $1,254,833 | $1,171,200 | 93% | 44% | $1,283 | 287 | 6 |
| 2015 | $886,333 | $813,333 | 92% | -8% | $952 | 206 | 4 |
| 2014 | $930,400 | $880,400 | 95% | 6% | $967 | 279 | 10 |
| 2 Bedroom | |||||||
| Year | Avg List Price | Avg Sold Price | List v Sale% | Yr Gr | Price/Sq Ft | DOM | # Sold |
| 2019 | $2,348,333 | $2,191,667 | 93% | 4% | $1,518 | 439 | 3 |
| 2018 | $2,345,000 | $2,112,500 | 90% | -17% | $1,463 | 193 | 2 |
| 2017 | $2,747,500 | $2,547,500 | 93% | 14% | $1,764 | 121 | 2 |
| 2016 | $2,520,000 | $2,237,500 | 89% | 3% | $1,550 | 343 | 2 |
| 2015 | 0 | ||||||
| 2014 | $2,275,000 | $2,175,000 | 96% | 30% | $1,314 | 197 | 2 |
Whaler at Kaanapali Historical Sales Summary (detailed)
The Whaler at Kaanapali 2019 CMA Market Report
Want to Know More?
If you are in the market for buying or selling Kaanapali 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.
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