The eleventh month of 2009 is officially over. Maui's real estate deals are all over the place but you must be quick to make an offer. For example there was a two bedroom, two bath lock off unit that came to market over at Grand Champions in Wailea for $384,900. Within four days it had multiple offers and was under contract. It seems the mentality of the buyer has changed from lets see what happens in six months to find me something to buy right now. I've been saying it for a while now, but Maui is on sale!!!
For the month of November, South Maui's real estate market had 111 new listings come to market ranging from $129,900 two bedroom residential condo at Southpointe to a multi million dollar luxury estate in Makena listed for $11,888,000. There were also 107 price reductions and 53 sold properties in South Maui. As of today there are 175 properties under contract and in escrow. Maui will always be a great destination. It does not matter if you are looking for your primary residence, a second or third home or a piece of land to build your dream home, Maui is like no other. Life is too short to not call Maui home.
This post was published by Ken K.K. Wong REALTOR (S) an agent with Coldwell Banker Island Properties on December 1, 2009 at 1:50 pm.
