Real Estate Maui Hawaii Blog

Mark and Lisa bring you the latest on the Hawaii real estate market, events, fundraising benefits, news, sports, new island developments, tips to help you buy or sell a home and more. Subscribe to receive updates on our weekly blog today!

Impressive Maui Real Estate Figures for June

June home and condo sales high with home prices flat and a drop in condo prices.
July 16, 2010

Impressive Maui Real Estate Figures for June

South Maui Real Estate Sales

By Mark Harbison

Real estate sales were expected to slow down significantly after the tax credits expired, but Maui real estate sales remained strong throughout May. And it seems that June was much the same.

The real estate reports for Maui are particularly newsworthy. Seventy seven homes sold in June, which was 24 percent more than the 62 that sold in 2009. More impressively, condo sales more than doubled with 105 sales in June this year versus 45 in the same month last year.

This consistent momentum may have something to do with the fact that prices are not increasing, and with all the distressed inventory on the market at these tantalizingly low prices, who could resist an affordable Maui home or condo? Apparently, the lure is quite strong.

While the median single-family home price was almost exactly the same this for June year-over-year at around $499,000, median condo prices actually fell by 17.3 percent from $520,000 to $430,000 year over year.

Kauai and the Big Island also saw progress in the real estate market in June, so Maui's success isn't isolated. Current market conditions beg the question, will there ever be a better time to buy Hawaii real estate? It seems a great number of people feel that the answer to that question is no.

Between the recent resurgence in both Maui's real estate market and tourism industry, those striving to make a living on the island should begin to see some slack on their economic strain if they haven't already.


To find the perfect Maui property for you, feel free to use our online real estate search tool. Also, we recommend you take a look at our featured Maui properties and  If you need any help with our website or your pursuit of great Maui real estate, contact us at the information at the bottom of the page. Thanks for reading and have a wonderful weekend!

Blogs for July 2010

Jungle to Jungle Hosts Haiku Event

Posted on July 30, 2010
Jungle to Jungle Hosts Haiku Event

By Mark Harbison

There's always something interesting going on in various parts of the Maui community. What's amazing is the incredibly high volume of non-profit organizations that are active here, working on their efforts to make not only Maui, but the world a better place to… Continue Reading

Unique South Maui Beach Event

Posted on July 23, 2010
Unique South Maui Beach Event

By Mark Harbison

One of the reasons why we love South Maui is because of the seemingly endless number of unique and interesting events that are hosted here. We get countless marathons and numerous celebrations, and every so often, we see an especially unusual event. One of… Continue Reading

Impressive Maui Real Estate Figures for June

Posted on July 16, 2010
Impressive Maui Real Estate Figures for June

By Mark Harbison

Real estate sales were expected to slow down significantly after the tax credits expired, but Maui real estate sales remained strong throughout May. And it seems that June was much the same.

The real estate reports for Maui are particularly newsworthy. Seventy seven… Continue Reading

Hawaii Hotel Occupancy Still Making Gains

Posted on July 09, 2010
Hawaii Hotel Occupancy Still Making Gains

By Mark Harbison

Hawaii's tourism industry was struggling for a long while there, but recently, visitor arrivals by air, visitor spending, and also hotel occupancy have been climbing and climbing. 

Last week, Hawaii's hotel occupancy rate was 8.7 percent higher than the same week last year, according… Continue Reading

Maui Relay For Life in Lahaina

Posted on July 02, 2010
Maui Relay For Life in Lahaina

By Mark Harbison

The American Cancer Society Relay For Life will hold an event on July 24th at the Lahaina Recreation Center Park at 6p.m. to fight cancer. It's not just a simple fundraiser. It's a chance for the community to get together to celebrate the… Continue Reading

Archives
Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

Coldwell Banker Island Properties
Shops at Wailea, Suite B-35
3750 Wailea Alanui * Kihei, HI 96753
Meyer Computer, Inc.
Web Services provided by Meyer Computer, Inc.
Web Hosting & Design