The Maui real estate statistics are out by
Realtors Association of Maui, Inc.The numbers are huge.
Single family Homes
Sales increased by 45 units to 485 homes sold, a 10% change YTD. The Highest Price Sold was a $9,700,000 Kapalua residence. The average sold price increased to $817,232, which is up 15% YTD.
The median price increased to $542,000, 20% YTD.
Condos
Sales increased slightly to 672 units sold, up 4 units. Average sold price increased to $536,021, up 13%!
The Median Price increased to $372,500, up +6% YTD.
Inventory is low:
There is a 5 month supply of Single family homes and condos on the market.
The market in Maui is pretty much mirroring the Oahu market. Inventory low, prices up, but starting to slow down a bit.