Sakamoto Properties

Our Blog

Luxury Maui Real Estate Blog

Luxury property, oceanfront and West Maui real estate specialists, including Kapalua and Kaanapali, bring you current Hawaii events, news, fundraising charities, art, featured property listings, and more. Subscribe to receive updates on our weekly blog!

Hawaii West Maui Real Estate Market Stats for December 2019

Shopping for your place in paradise? We recommend checking out out the December 2019 stats to get a clear idea of when it is the right time to buy or sell!
January 31, 2020

The new year is upon us and as we look forward to 2020 and all the blessings it will bring, it’s also a good time to reflect on the past year. And in December in terms of real estate on Maui, whether you are looking for luxury real estate in West Maui or luxury oceanfront properties, the market is looking good and competitive, making it a great time to buy as prices are slated to increase over the next few months.

According to the latest statistics, throughout the island new listings increased slightly for single family homes but decreased for condos for sale. It appears as if a lack of new inventory is going to be a challenge moving forward, so prices are increasing as a result. If you are interested in listing your home, contact us and let’s take advantage of this time on Maui!

As for the West Maui real estate market, prices for both single homes and condo sales are increasing in certain areas as a result. We have broken the market statistics down for you to help with your real estate search.

Kapalua Real Estate

●        6 Kapalua condos sold for a median sales price of $1,155,000. That’s up from three the month before at a median sales price of $1,075,000. There were also three sold December 2018 at a median sales price of $1,500,000.

●        No sales of Kapalua homes in December 2019, 1 sold in November and it seems like this area remains steady compared to the previous year where zero homes sold.

Kaanapali Real Estate

●        Home sales were up in Kaanapali real estate compared to November.

●        Kaanapali condos, however, saw a substantial drop in the number of sales with only 9 sold compared to 27 in November. 

Lahaina Real Estate

●        Condo and single-family home prices increased as well as the total number of sales.

Napili/Kahana/Honokowai Real Estate

●        Home and condo prices increased along with sales where the median sales price increased by $400,000. 

According to the report, low mortgage rates are helping to approve the affordability concerns regarding rising home prices.  Mortgage rates for the end of the year closed at three-quarters of a percent lower than compared to a year ago.

That’s a quick peek at what is going on in the West Maui real estate market. If you are interested in seeing what homes are for sale here before prices increase in the Spring, then please give us a call so we can show you some of the top inventory on the island. We look forward to helping you find your place in paradise!

Blogs for January 2020

Hawaii West Maui Real Estate Market Stats for December 2019

Posted on January 31, 2020

The new year is upon us and as we look forward to 2020 and all the blessings it will bring, it’s also a good time to reflect on the past year. And in December in terms of real estate on Maui, whether you are looking for luxury real… Continue Reading

A Maui Beachfront Home for Sale in Makena You Do Not Want to Miss

Posted on January 24, 2020


You can easily get lost in a Maui MLS listings search as you attempt to find the ideal Hawaii real estate property with the perfect location and just the right amount of space. If you find yourself feeling a little overwhelmed with all the real estate options,… Continue Reading

Top Ideas for Celebrating Valentines Day in Maui, Hawaii

Posted on January 17, 2020

Every February there is one day that we all look forward to and that day just so happens to be Valentine’s Day! It is a day filled with love, laughter, celebration and for taking a moment out of our busy schedules to recognize the people that we love.… Continue Reading

Invest in Hawaii Real Estate for Sale and Live in a Luxury Condo in Maui

Posted on January 10, 2020


Here at Sakamoto Properties, we are known for featuring some pretty incredible Hawaii luxury homes for sale. Whether you are just starting out on your Maui property search or have been looking for the perfect Hawaiian property for sale for quite some time, you are in good… Continue Reading

West Maui Real Estate Stats for November 2019

Posted on January 03, 2020

Here at Sakamoto Properties, we like to keep an eye on things like prices, inventory, and more! Each month we assess the latest statistics from the Maui Realtors Association and November is no exception. We are excited to share that West Maui condo prices have been in a… Continue Reading

Archives
Mailing Address:
Sakamoto Properties
P.O. Box 10068
Lahaina, HI 96761
Contact:
Phone: (808) 669-0070
Fax: (808) 669-1234
Info@SakamotoProperties.com
Office Address:
Sakamoto Properties
Napili Plaza
5095 Napilihau Street #203
Lahaina, Maui, HI 96761
Meyer Computer, Inc.
Web Services provided by Meyer Computer, Inc.
A Hawaii web design company.