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Maui Condo Sales and Prices Up in April

Maui County condo sales and prices are up, while home sales and prices are down.
May 11, 2012

Maui Condo Sales and Prices Up in April

South Maui Real Estate

By Mark Harbison

The Maui real estate statistics are in for the month of April, with a mix of results, but a climb in condo sales and prices. Home prices and sales dropped. Bear in mind that in a small market like ours, each unit counts for a larger percentage of the whole, meaning those percentages often seem extreme.

According to the Realtors Association of Maui, condo prices in Maui County jumped 18 percent in April, to $399,000 compared with $338,603 in April of 2011. The number of sales tallied up to 128 units, which was a 7 percent increase from the 120 sales in the same month last year.

As for homes, the price dropped by a scant 4 percent to $479,500 from $500,000 in April last year. There were 78 home sales, which was a 12 percent drop from the 89 that sold in April 2011.

The Big Island saw a similar trend with a small increase in condo sales and prices coupled with a small decrease in home sales and prices. Kauai saw slight sale increases but major price jumps for both condos and homes. On Oahu, sales dropped but prices increased for both homes and condos.

Hopefully this information will help you make an informed decision if you're planning on making a Hawaii real estate investment. If you need assistance in choosing the right Maui real estate for your needs, don't hesitate to use our contact information at the bottom of the page. Mahalo!

Blogs for May 2012

State and Maui Tourism Up in May

Posted on May 25, 2012
State and Maui Tourism Up in May

By Mark Harbison

There's good news for the Maui visitor industry, and for the state as a whole. Occupancy and prices were both up during the week ending on May 12th. Yes, these numbers are calculated on a weekly basis, rather than monthly, such as… Continue Reading

Improving Hawaii Economy

Posted on May 18, 2012
Improving Hawaii Economy

By Mark Harbison

For those who are still skeptical about the economic recovery of Hawaii, some recent news may change your minds. According to the U.S. Bureau of Labor Statistics, there were more employees quitting than being laid off during the month of March. Yes, it takes time to… Continue Reading

Maui Condo Sales and Prices Up in April

Posted on May 11, 2012
Maui Condo Sales and Prices Up in April

By Mark Harbison

The Maui real estate statistics are in for the month of April, with a mix of results, but a climb in condo sales and prices. Home prices and sales dropped. Bear in mind that in a small market like ours, each… Continue Reading

Maui Lecture and Slideshow by Animal Rights Photographer

Posted on May 04, 2012
Maui Lecture and Slideshow by Animal Rights Photographer 

By Mark Harbison

Jo-Anne McArthur is an accomplished animal rights photographer, and she will be presenting a lecture and slideshow on her work on May 10th in Paia. For anyone within the Maui community who is passionate about the welfare of animals, or simply… Continue Reading

Mark and Lisa

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

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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