Real Estate Maui Hawaii Blog

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Maui Home Sales Spike in March

Maui county home sales saw a major increase in March.
April 17, 2015

Maui Home Sales Spike in March

Maui Real EstateThe Realtors Association of Maui has recently released its monthly real estate statistics report for the county. Looking into the trends revealed in the report is a great way to stay abreast of changes in the market for Maui real estate buyers and sellers alike. In March, home sales spiked, and prices rose.

Single-family home sales increased by no less than 20 percent last month, compared to the same month last year. As always, we like to remind everyone that in a small market, a few sales can result in wide statistical swings. In this case, there were 84 home sales, with one on Lanai. In March of 2014, however, there were only 70 homes sold. Meanwhile, condominium sales saw a modest four percent decline with 122 units sold in March, including three sales on Molokai, compared to 127 sold in that month last year.

As for median prices, single-family homes reached $627,500, which was up six percent compared to March of 2014 when the median was $590,500. The median price of a condo was up 5 percent to $442,500, compared to $420,000 in March of last year.

If you need assistance navigating the market, particularly regarding South Maui real estate, you'll find our contact information at the bottom of the page. If you'd like to learn a little more about us first, you'll find our "About Us" pages to the left of the page. There, you can read all about our unique backgrounds in this dynamic, exciting field of work.

Mahalo for reading this week, and be sure to check in each Friday for our latest entry on Maui developments, real estate, lifestyle and events!

Blogs for April 2015

Hawaii Capable of Running on 100 Percent Clean Energy

Posted on April 24, 2015
Hawaii Capable of Running on 100 Percent Clean Energy

The Environmental Council Annual Report for 2014 has revealed that Hawaii is capable of generating all its electrical power and transportation fuels from renewable energy, which will likely lead to new goals that reflect that potential. Where transportation is concerned, the report… Continue Reading

Maui Home Sales Spike in March

Posted on April 17, 2015
Maui Home Sales Spike in March

The Realtors Association of Maui has recently released its monthly real estate statistics report for the county. Looking into the trends revealed in the report is a great way to stay abreast of changes in the market for Maui real estate buyers and sellers alike.… Continue Reading

New Kahului Airport Development

Posted on April 10, 2015
New Kahului Airport Development

For those of you who are on the island scouting out Maui real estate, you may be interested to know about the upcoming changes to Kahului Airport. We're about to see some major development that will involve a consolidated car rental facility on a 17-acre plot to… Continue Reading

New Home Sales Highest in Seven Years

Posted on April 03, 2015
New Home Sales Highest in Seven Years

Based on a recent report from the Census Bureau, new single-family homes have spiked to their highest level in seven years. This is encouraging news, not only for the health of the real estate market, but for the construction industry, which is an important… Continue Reading

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Mark and Lisa

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

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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