Tagged : maui real estate market

Maui Market Report January 2021 Stats

The real estate market on Maui is definitely heating up. Track the details on my www.MauiMarketWatch.com report which is a open source Google Sheets spreadsheet. You can also CLICK HERE see this summary report for January 2021. Mahalo for your business, and I look forward to working with you as a buyer or sellers agent.

Mahalo

Eric & Lisa West

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

 Maui Real Estate Market Comparison 2016 versus 2015 Update.

Here are the latest numbers for 2016 Maui Real Estate market in review versus the year 2015.

Residential Single Family Home sales on Maui, Hawaii were basically flat. Slightly down in terms of overall units sold. Down 1% from 1090 sales in 2015 to 1076 residential sales in 2016. However, the median sales price however rose 10% from $580,000 to $636,000. The total dollar volume in sales for 2016 was up 12% from $932 million to slightly over $1 billion in 2016. The median days on market basically stayed the same at 115 days. 

Condominium sales in the Maui real estate market in 2016 versus 2015 were actually up 10% from 1189 units sold in 2015 to 1310 units sold in 2016.