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
As the Corona Virus epidemic sweeps the nation and the world, there is one place that seems to be the perfect retreat from the madness. Maui. And specifically the neighborhoods gracing the hillside above the world-famous Kaanapali resort.
One of those neighborhoods - truly stands out as a mecca for views, privacy and a unique rolling landscape of vegetation you just don't see very often. Coffee. That's right. That morning elixir we just can't seem to live without. Now you can have it growing all around your dream house while enjoying the many benefits of a share cropper. This mutually beneficial relationship not only keeps your property taxes low, (thanks to the
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
Bookmark this page....all of these graphs are dynamic and will update every month!
August 2017 is a Buyer's market! The number of for sale listings was down 5% from one year earlier and down 2.6% from the previous month. The number of sold listings decreased 8.1% year over year and decreased 22.7% month over month. The number of under contract listings was up 43.2% compared to the previous month and up 76.7% compared to the previous year. The Months of Inventory based on Closed Sales is 10, up 4.1% from the previous year. The Average Sold Price per Square Footage was down 9% compared to the previous month and up 8.9% compared to last year. The Median Sold Price decreased by 4.4% from last month. The Average Sold Price also decreased by 16.9% from last
We all have a story. Mine just happened to begin at The Kuleana Resort in West Maui. This was the first place that I really called home in Hawaii and it's quite frankly where I fell in love with the Island of Maui. I decided to make my home in Hawaii and move my wife and 4 boys over from Colorado. Since then we've had a ball selling real estate all over Maui, but really focused on West Maui homes and condos. I've had clients purchase condos on the West side and some I have even managed for short term rental. The Kuleana has always held a special place in my heart. It's almost like a first kiss that you never forget. The memories I made at this resort will not only be cherished but also represent the greatest risk and reward that I ever
