Consider the many opportunities in Kapalua Resort
WEST MAUI – February 2018 is a busy month here on West Maui. Prospective buyers are searching for “deals,” and sellers are hopeful that the winter season will bring them the right buyer.
The following is information from the Realtors Association of Maui: “The number of homes for sale, days on market and months of supply were all down in year-over-year comparisons in a majority of the country for the entirety of 2017, as was housing affordability. Although total sales volumes were mixed, prices were consistently up in most markets. Buyers may not bene?t from higher prices, but sellers do, and there should be more listing activity by more con?dent sellers in 2018. At least that would be the most viable prediction for an economic landscape pointing toward improved conditions for sellers. On Maui, new Listings increased 19.1 percent for Single-Family homes but decreased 9.8 percent for Condominium homes. Median Sales Price decreased 0.8 percent to $695,500 for Single-Family homes but increased 7.1 percent to $440,000 for Condominium homes. Days on Market decreased 8.1 percent for Single-Family homes but increased 30.8 percent for Condominium homes. Month’s Supply of Inventory decreased 15.4 percent for Single-Family homes and 36.3 percent for Condominium homes. Unemployment rates have remained low throughout 2017, and wages have shown improvement, though not always to levels that match home price increases. Yet housing demand remained incredibly strong in 2017, even in the face of higher mortgage rates that are likely to increase further in 2018. Home building and selling professionals are both cautiously optimistic for the year ahead.”
If you are looking for a second home on Maui, it is time to give Kapalua Resort serious consideration. There are many opportunities in both one- and two-bedroom units, updated, fully furnished, ready to rent or a blank palate ready for your special touches. The condominiums are: Kapalua Golf Villas, Kapalua Bay Villas, Kapalua Ridge Villas, The Ironwoods and Coconut Grove. Each property has its own unique qualities that will draw you into the resort lifestyle. The are three white sand beaches, two world-class golf courses, fabulous restaurants and oceanfront hiking trails. There are also single-family residences within the resort.
Lowson & Associates has daily open houses at Kapalua, where you can meet one of our professional agents who will introduce you to all that Kapalua has to offer. For Internet searches, go to www.Lowson.com. For additional information, text or call Laurie Lowson, R(B), at (808) 276-8001.