Maui Real Estate
As I look out the window, it is another bright, blue sky day here on Maui. The Foo Fighters are blasting on my speaker and I'm writing this blog to you all. I really appreciate all of you who read these little updates. Every once in a while, I get to meet you in person. That makes me happy. Mahalo.
With regard to this past week here's what happened for the island as a whole...
New escrows were up slightly this past week 39 versus 34 from the week before. Total pending properties were up significantly from the week before while active inventory went down compared to the week before in the categories I track.
Total Active Listings (Res, Condo, Land) this week is 601 versus 610 last week across the whole MLS, and Total Pending (Res, Condo, Land) is 360 versus 350 last week, up from the week before.
There were 23 price changes in the last 7 days and all 23 of those were price decreases.
There were 41 new listings (Res, Condo, Land) this past week and 2 have gone pending within the first week of listing.
39 new escrows this past week on Maui in the markets I track. 23 Condos, 15 homes, and 1 land parcels.
And now for South Maui....
49 single family homes are on the market in South Maui. List prices range from $789,000 to $33,900,000. Median list price is $3,355,000. 90 Condominiums are active on the market ranging in price from $448,000 to $17,500,000. Median price is $879,350. 20 parcels of land round out the South Maui market. Prices range from $399,000 to $18,500,000. Median price is $3,375,000.