Real Estate Maui Hawaii Blog

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Maui Real Estate Market Report for November 2017

If you are looking into the Maui real estate market for your next investment, now may be the time to act as real estate sales in the Valley Isle are increasing.
December 29, 2017


If you’re looking into the Maui real estate market for your next investment, now may be the time to act as real estate sales in the Valley Isle are increasing.

The Realtors Association of Maui’s (RAM) Maui Real Estate Market Report from November details that homes are staying on the market for less time while prices are increasing. According to the report, this has been the trend on Maui over the past year and while new listings for single as well as condominium homes have decreased compared to 2016, pending sales have increased in both categories while days on the market has decreased as well.

According to the report, new listings decreased by 0.7 percent for single family homes and condominium homes saw a greater decrease of 40.1 percent in year-over-year comparisons. However, pending sales increased by 20.8 percent for single family homes and 7.3 percent for condominium homes, while inventory decreased by 10.3 percent for single family homes and by 29.6 percent for condominium homes. Median sales prices increased by 8.5 percent to $689,000 for single family homes and 4.6 percent to $400,000 for condominium homes.

In summary, if you’re in the market for a new home, act now! Take a look at our inventory and see what’s out there.  Check out some of our condo listings or meet with Mark or Lisa and let them help you find the best home in your price range.

While the report did not make a conclusion on what this may mean for 2018 home sales, it did state that new tax legislation could impact housing. The White House believes that the proposed tax reform bill will have a small impact on home prices, lowering them by 4 percent and in return could boost home ownership. The National Association of REALTORS (NAR); however, believes that eliminating the mortgage interest deduction could hurt housing and may reduce the desire for people to take out a mortgage. Find more information about the NAR’s stance here

Blogs for December 2017

Maui Real Estate Market Report for November 2017

Posted on December 29, 2017


If you’re looking into the Maui real estate market for your next investment, now may be the time to act as real estate sales in the Valley Isle are increasing.

The Realtors Association of Maui’s (RAM) Maui Real Estate Market Report from November details that homes are staying… Continue Reading

Top Reasons to Live on Maui

Posted on December 22, 2017


You have fallen in love with Maui and with the lush, tropical landscape along with the pristine weather, we sure don’t blame you! And let’s face it, you have most likely considered making the big move here. You have dreamt about it, thought about it, and spoke… Continue Reading

Makena Place Real Estate - Buy a Piece of Paradise

Posted on December 15, 2017


If you’re looking to find your next all-inclusive, luxury home on Maui, then look no further than Makena Place on Maui’s stunning south shore.

Makena Place on Maui is home to some of the most incredible, custom-detailed homes on the entire island. Here you’ll find an array of… Continue Reading

Bring in the New Year in Paradise

Posted on December 08, 2017


Christmas is right around the corner and with this special holiday comes a celebration that only happens one night a year. That celebration is the one, the only, New Year’s Eve!

And what better way to ring in 2018 than with a night out on the Valley Isle?… Continue Reading

Kealia Pond National Wildlife Refuge

Posted on December 01, 2017


One of Maui’s most unique natural wonders is the Kealia Pond National Wildlife Refuge in Kihei. While it may not be as well sought-after or renowned as the Road to Hana or the famous Haleakala Crater, this special wetland positioned in between the Maalaea Harbor and Kihei… Continue Reading

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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
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