Kaanapali Shores Bulletin – Q3 2016

Kaanapali Shores Bulletin Issue 38, Q3 2016 Aloha! Sales & prices seem steady, but is there a slow down coming?  There were 8 sales in Q3 at Kaanapali Shores, compared to 9 in Q2. Inventory for active listings increased from 10 at the end of Q2 to 15 at quarter end.   The number of units for sale during the quarter was 28, down from 33 in Q2.  At the end of the quarter, there was only … [Read more...]

Kaanapali Shores Bulletin – Q2 2016

Kaanapali Shores Bulletin Issue 37, Q2 2016 Aloha! Sales in Q2 increased to 9 units from 7 in Q1. Inventory dropped by over 50% from 24 active units at the end of Q1 to just 10 active listings at the end of Q2.  That is perhaps the lowest level of inventory in the last 10 years. The number of units for sale during the quarter was 34, down from 36 in Q2.  At the end of the quarter, there … [Read more...]

Kaanapali Shores Bulletin – Q1 2016

Kaanapali Shores Bulletin Issue 36, Q1 2016 Aloha! Q1 sales at Kaanapali Shores dropped from 10 units in Q4 to 7. The number of units for sale in Q1 dropped from 42 to 36, but the active listings at the end of Q1 increased by 2 to 24 units.  At the end of the quarter there were 3 properties in escrow, compared to 4 in Q4. At the current pace of sales with the current inventory, we have … [Read more...]

Kaanapali Shores Bulletin – Q4 2015

Kaanapali Shores Bulletin Issue 35, Q4 2015 Aloha! What a difference a quarter makes! Sales at Kaanapali Shores have increased from 5 closings in Q3 to 10 in Q4. With a total of 20 closings for the year, half of them were in the last quarter. There are probably several factors at play here: • Anticipation of increased interest rates - 3 sales in Q4 were financed, out of 6 for the entire … [Read more...]

Kaanapali Shores Bulletin – Q3 2015

Kaanapali Shores Bulletin Issue 34, Q3 2015 Aloha!  Summary & Analysis Sales have picked up a bit in the 3rd quarter. We had 5 sales in Q3, compared to 2 sales in Q2. However, inventory levels have risen from 24 to 28, and for the most part prices have leveled off. In the first 3 quarters of 2014, Kaanapali Shores had 13 sales, 12 of which were ocean view units. In the first 3 … [Read more...]

Kaanapali Shores Bulletin – Q2 2015

Kaanapali Shores Bulletin Issue 33, Q2 2015 Aloha!  Summary & Analysis All is quiet at Kaanapali Shores. At least as far as sales are concerned. Occupancy has been great, but sales have slowed to a proverbial snail’s pace. Through the first half of 2014, Kaanapali Shores was hot with 10 sales. So far, in 2015 there have been only 5. In the second quarter there were only 2 … [Read more...]

Kaanapali Shores Bulletin – Q1 2015

Kaanapali Shores Bulletin Issue 32, Q1 2015 Aloha!  Summary & Analysis The number of units for sale in Q1 fell from Q4 of last year, from 43 to 39, and the number of sales fell from 6 to 3. Average days on market have in- creased from 282 days in Q4 to 313 days in Q1. So we have mixed signals, again! Less inventory, but fewer sales, longer times on market. Median asking … [Read more...]

Kaanapali Shores Bulletin – Q3 2014

Kaanapali Shores BulletinIssue 30, Q3 2014 Aloha! Summary & AnalysisLast quarter we told you that inventory levels at Kaanapali Shores continued to increase while sales volume decreased. The same trend continued in Q3.Inventory went from 25 listings in Q2 to 34 in Q3, while sales dropped from 6 units in Q2 to 3 in Q3. Overall asking prices have increased – could there be a relationship? … [Read more...]

Kaanapali Shores Bulletin – Q2 2014

Kaanapali Shores BulletinIssue 29, Q2 2014 Aloha! Summary & AnalysisInventory levels at Kaanapali Shores continue to increase while sales volume has decreased. Prices seem to have stabilized, and in some cases dropped a bit. This is consistent with patterns at other condo developments in West Maui this year.At the beginning of the year we had 15 units for sale; as of July 16 we have 27 … [Read more...]

Kaanapali Shores Bulletin – Q1 2014

Kaanapali Shores BulletinIssue 28, Q1 2014   Aloha!  Summary & Analysis Inventory levels at Kaanapali Shores have gone up since the end of 2014 and the number of units selling has remained roughly the same.  At the beginning of the year we had 15 units for sale; as of April 26 we have 23 active listings, more than a 50% increase, and 3 pending listings.   The total number of units … [Read more...]

Kaanapali Shores Bulletin – Year End 2013

Kaanapali Shores BulletinIssue 26/27, Q4 & Year in Review- Summary 2013   Aloha!   There were about 30% fewer sales in 2013 than in 2012.  That wasn’t for lack of interest.  Anyone following real estate news knows the refrain, “inventory is down, prices are up.” Of the 3 major categories, studios, one bedrooms and two bedrooms, the most popular category, 1 bedroom units, had the … [Read more...]

Kaanapali Shores Bulletin – Q3 2013

Kaanapali Shores BulletinIssue 26, Q3- 2013   Aloha! There were a total of 21 units on the market in the 3rd quarter of this year, 2 of which sold during the quarter, and 5 of which were pending at the close of the quarter.   During Q3 of 2012, we had 42 listings, twice the number that we had in Q3 of this year, and at the end of the quarter last year we had 35 active listings, compared … [Read more...]