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New Year and a New Market for South Maui Real Estate in 2020

Hoping to make a South Maui real estate investment this year? Based on the January 2020 real estate stats, you might want to act fast!
February 28, 2020


According to the latest January 2020 statistics, the South Maui real estate market continues to show growth and improvement with new inventory coming in and property prices remaining strong.

Honing in on what’s going on in South Maui, sales and prices look good for 2020 so far! Let’s break down the latest in terms of real estate market trends in South Maui for January. 

Kihei Condo and Home Sales

  • There were 12 residential homes sold at a median sales price of $880,000. While there were 18 homes sold in the previous period, those pieces of Kihei real estate were sold for less. 
  • Kihei condo sales saw 42 condos sold with the median sales price increased from the $448,500 in December to $547,000 this past January.

Maalaea Condos For Sale

  • There was an increase in Maalaea condos sales with January selling 6 condos for a median sales price of $347,500 compared to the 1 condo for sale in the previous period.

Wailea and Makena Real Estate Sales

  • Prices and Wailea real estate sales remained strong through January, although it is down compared to December 2019. There was also a drop in the number of Wailea condo sales but the price point remained steady at about $1,150,000.

That’s a brief look at the real estate market in South Kihei. As for the island as a whole, the median sales price increased by 7.2 percent to $782,438 for single-family homes and by 7.7 percent to $569,000 for condominium homes. And with low-interest rates, low unemployment rates, and more interest in homeownership, it looks like 2020 is going to be a great year in terms of real estate on Maui and nationwide.

So, if you are looking to make a Hawaii real estate investment this year, you are going to want to act now before prices increase and South Maui property inventory decreases! If you find one that speaks to you, please do not hesitate to reach out to us. You can contact us or give us a call anytime and one of our Maui realtors will be ready to assist you.

Blogs for February 2020

New Year and a New Market for South Maui Real Estate in 2020

Posted on February 28, 2020


According to the latest January 2020 statistics, the South Maui real estate market continues to show growth and improvement with new inventory coming in and property prices remaining strong.

Honing in on what’s going on in South Maui, sales and prices look good for 2020 so far! Let’s… Continue Reading

Live in Paradise and Buy Wailea Kialoa Real Estate in Maui

Posted on February 21, 2020

Some places on Maui are better known than others. If a convenient location with ocean views and plenty of recreation is what you are looking for in your dream home then don’t limit your Maui MLS search! We invite you to explore one of the island’s best neighborhoods… Continue Reading

Big Maui Birthday Celebration for the Famous Banyan Tree on Front Street

Posted on February 14, 2020

Please Note: Due to recent events, it is possible that this Maui event has been either postponed or canceled. If you are interested in attending this Maui event, please refer to the Lahaina Town Action Committee event page for further updates in schedule changes prior to making the arrangements… Continue Reading

Why You Should Buy a Home in South Maui

Posted on February 07, 2020

Whether you’re a long time island resident or moving here from the mainland and are looking to invest in buying your own home or condo, you may be wondering where the best place to purchase Hawaii real estate in Maui is for you. Would you like to be… 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
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3750 Wailea Alanui * Kihei, HI 96753
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