Kapalua, Maui Real Estate Market Update: April, 2012
By Courtney Brown, Realtor (S) Vice President, Live a Maui Life!
(Island Sotheby's International Realty)
April 4, 2012It has been a beautiful winter and spring here in Kapalua, and there is a sense of optimism in the real estate market. If we were to compare the first few months of 2012 with 2011, there have been 14 sales to date vs. only 9 in the same time frame. The total dollar volume remains fairly constant ($25,611,000 in 2012 vs. $24,560,300 in 2011). However, it is noteworthy that the 2011 figure was significantly increased by the sale of a $14 million home, and without it, the volume would have been less than 50% of that achieved so far in 2012.The following is an overview of the activity in last month in the Kapalua real estate market:NEW LISTINGS:There were seven new listings in Kapalua over the last 30 days, ranging from $275,000 for a Ritz-Carlton Club fractional ownership vill...
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