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!

Maui Home Prices Up 12 Percent

Maui home owners can celebrate rising home values.
November 15, 2013

Maui Home Prices Up 12 Percent

Maui Real Estate SearchFor those of you who have been following Maui real estate trends, the recent report from the Realtors Association of Maui (RAM) shouldn't be surprising. Evidently, the Maui County median price of a single-family home was $545,000. That's a 12 percent increase compared to the $485,000 of October in 2012.

This is great news for those who opted to take advantage of low real estate prices over the past several years and purchase a Maui home. Whether these savvy individuals plan to live in their home permanently, or use it as an investment property, they can rest easy knowing that their property value is on the rise. As for buyers, there are still some good deals out there if your offer is reasonable.

Despite the increasing value of a Maui home, the number of sales were down to 81 last month, compared to 99 during the same month last year. Of course, in a market as small as ours, a 22 percent change like this one is based on a difference of only 18 sales. In a bigger market, 18 sales would comprise a much smaller piece of the total percentage.

As for condos, the median sale price in Maui County was $360,000, which was up just 3 percent from $349,995 in October of 2012. Sales were up 6 percent with 102 units sold, compared with 96 units sold at the same time last year.

If you are in the market for a South Maui home or condo, and you would like expert assistance, you will find our contact information at the bottom of the page. In the meantime, we suggest that you try our Maui real estate search tool and explore the many listings on the market. Mahalo for reading this week!

RealEstateMauiHawaii.com - By Mark Harbison

Blogs for November 2013

New Maui Mall Owner

Posted on November 29, 2013
New Maui Mall Owner

For those of you second Maui home buyers who like to keep an eye on real estate investment activities on this beautiful island in the Pacific, you may be interested in the recent sale of Maui Mall to a pair of Mainland investors. If you're on the… Continue Reading

Fundraiser for the Maui Historical Society

Posted on November 22, 2013
Fundraiser for the Maui Historical Society

One of the reasons why we are so lucky to live on Maui is the rich Hawaiian culture that so many residents strive to enhance. As time passes, all places change, but we can rest assured that there are those who are working hard to… Continue Reading

Maui Home Prices Up 12 Percent

Posted on November 15, 2013
Maui Home Prices Up 12 Percent

For those of you who have been following Maui real estate trends, the recent report from the Realtors Association of Maui (RAM) shouldn't be surprising. Evidently, the Maui County median price of a single-family home was $545,000. That's a 12 percent increase compared to the… Continue Reading

Holiday Benefit for the Pacific Cancer Foundation

Posted on November 08, 2013
Holiday Benefit for the Pacific Cancer Foundation

Mark your calendars for November 23rd if you are passionate about fighting cancer. It is once again the time of year when the Maui community comes together for the Pacific Cancer Foundation benefit at the Yokouchi Estate, a beautiful Maui property in Wailuku. This… Continue Reading

Maui Recycling and Employment Boost

Posted on November 01, 2013
Maui Recycling and Employment Boost

Here on Maui, there are often reports about falling unemployment these days, and there are a lot of major strides being made in green living. However, it's not often that we hear about substantial gains in both categories via one project. That's exactly what we're seeing… 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