The ZERO Effect of COVID on the Maui Real Estate Market 

Aloha! And welcome to another weekly Maui Real Estate Market Watch Report from Eric West at Keller Williams in Whalers Village.

 Here is what's new and developing for the week of August 24th 2020. To see the entire Google Sheets spreadsheet please click here

The big question people ask me every week…”How’s the market doing on Maui?” Many people are expecting a major downturn in demand and subsequent 20-50% reductions in asking prices.

Not so much.

In a nutshell, the Maui Real Estate Market is holding steady, very steady.

Let’s compare the last 8 months of 2020 with the exact same time period in 2019.

Now keep in mind, in 2019 the market was in FULL swing with a FULL capacity

Maui Real Estate for Sale in the “New Age” of COVID

How to Find the RIGHT Real Estate Deal on Maui 

Information is power. We all know that. But with all of the “tech tools” and everything available to everyone online, how can anyone get a competitive edge? Not to mention a true understanding of what is really happening in the real estate market in Hawaii in order to make wise and prudent decisions?

(Just because a buyer or a real estate agent uses or shows up on Redfin, Zillow or Trulia on Maui does not make you or them an expert...just sayin')

Especially given the new set of never before seen circumstances of a global pandemic such as COVID!

The answer is threefold.

1. Follow the numbers. The numbers don’t lie. But most

Best Places to Live In the World

Before, During and After the Corona Virus - A Worst Case Scenario

Many people are now asking how to survive a pandemic?

So where is the Best Place to Live in the World Before, During and After the Corona Virus?

Hands Down.....Hawaii.

Which is exactly why so many people are planning a move to Hawaii....right now. And the second home market is starting to boom.

(as a long time Maui Resident and Real Estate Expert, I would also argue Maui is the best island in Hawaii to live on)

Whether you assume the worst case or best case scenario for what is going to happen in the future, the answer to the question is still the same. 

Hawaii is possibly the best place to position yourself and your family