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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…

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West Maui Single Family Home Report for August 2017 - not a buyer or a sellers market...rather....it is a Neutral market!

The number of for sale listings was the same as the previous month. The number of sold listings increased 41.2% month over month. The number of under contract listings was up 30% compared to the previous month. The Months of Inventory based on

Closed Sales is 5.2.

The Average Sold Price per Square Footage was down 1.5% compared to the previous month. The Median Sold Price increased by 13.6% from last month. The Average Sold Price also increased by 7% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral"and…

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