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Maui Now - Hawaii Corona Virus Real Estate Market Update

Posted by Eric and Lisa West on Tuesday, April 21st, 2020 at 3:04pm.

Aloha! And welcome to another weekly edition of the Maui NOW Market Watch. Click here for a link to the Google Sheets Report. The Maui Real Estate blog where you can find the best deals, literally as they hit the market every week. In the report below (dynamic interactive shared Google Sheets Spreadsheet) you will find all of the most new price reductions (in order of severity), and the best deals (in order of lowest to highest price per square foot/acre) of all the new fee simple condos for sale (both short and long term), single family homes for sale and new vacant land listings on the entire island of Maui. 

Last week we only had $2M (vs $4.5M the previous week) in price reductions with an average of 8% which is a 3% DECREASE in the average price reduction percentage from previous week. 

 

Closed real estate transactions in the last 7 days on Maui held steady at 41 transactions for $40M (about the same as the week before) 

Please be sure to see all the tabs in the spreadsheet.....Homes for Sale with all of the newest listings this week, new fee simple vacation condo, long term condos, land for sale (in order of lower price per acre) and the last tab shows you all of the closed transactions, including the sale price and the original asking price. 

Please check out my picks for the week!

Price Reduction: http://www.hawaiirealestate.org/listing/385851-waileamakena-real-estate-10-wailea-ekolu-pl-1408-wailea-ekolu-for-sale-hawaii-96753/

New Home for Sale : http://www.hawaiirealestate.org/listing/386766-kapalua-real-estate-218-crestview-rd-10-pineapple-hill-for-sale-hawaii-96761-0000/

New Vacation Condo for Sale: http://www.hawaiirealestate.org/listing/386795-napilikahanahonokowai-real-estate-110-kaanapali-shores-pl-212-mahana-for-sale-hawaii-96761/

New Vacant Land for Sale: http://www.hawaiirealestate.org/listing/386778-waileamakena-real-estate-0-makena-rd-big-beach-estates-for-sale-hawaii-96753/

 

 My passion is sharing the Maui lifestyle with the world on the largest video platform on earth - YouTube. With an audience of over 3 billion (and growing exponentially) you simply cannot find a better platform to market real estate for sellers and to meet buyers. My Youtube channel is by far the most watched real estate channel in the State of Hawaii. Check it out https://www.youtube.com/hawaiirealestateorg If you are looking to buy or sell a home, land or condo in Hawaii, I'd love to help! Feel free to call or text me at 808-298-2030 or email hawaiisbest1@gmail.com

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