No question the Covid-19 / Corona Virus Hawaii lockdown has created some softening in the market - translation?
Better deals for buyers!
Although last week DID see another $63M in sales transactions from 86 closings. Likely those deals went under contract prior to the shutdown. I don' think we've seen the full impact on closings yet. The largest closings were 0 Haneoo Rd in Hana for $2.8M and 320 South Ulukoa at $2.75M.
We also had 21 price reductions over 3% for an average of 9% and a total dollar volume of $5.3M for the past week. Please see the Google Sheets spreadsheet below or link here for all of the detail.
You will find the Top 20 deals for Homes, Vacation Condos, Long Term Condos and Vacant Land
Celebrate Your Best Maui Real Estate Deal EVER....
with a Cold Corona on the Beach!
See all the best deals with the Maui Real Estate Market Watch Report
Link to Report
In case you have not read the details of the $2 Trillion Federal stimulus package that was just passed. You can read a great summary here https://narfocus.com/billdatabase/clientfiles/172/21/3613.pdf
Looking for the best deals in Hawaii for homes, vacation condos, long term condos and land? ? The dynamic Maui Real Estate Market Watch report is the best place to find them. There is no question the recent Corona Virus pandemic in Hawaii has already created some softening in the real estate market place. But keep in mind, the market is still very active - in both
