Maui Real Estate Statistics
New escrows went up this past week 33 versus 28 from the week before. Total pending properties overall went down from the week before while active inventory in rose slightly across the three categories I track.
Total Active Listings (Res, Condo, Land) this week is 633 versus 592 last week across the whole MLS, an increase of 41 units and Total Pending (Res, Condo, Land) is 341 versus 337 last week, a increase of 4 from the week before.
There were 25 price changes in the last 7 days and 23 of those were price decreases with 2 seeing price increases.
There were 47 new listings (Res, Condo, Land) this past week and 6 have gone pending within the first week of listing.
33 new escrows this past week on Maui in the markets I track. 13 Condos, 17 homes, and 3 land parcels.
South Maui Real Estate
South Maui mirrored how Maui as a whole did this past week. 17 new listings, only 2 properties pending within the last week and 7 properties closed this past week. This is "normal" for our market as people start to concentrate on parties, shopping, family and friends.
Kihei Akahi D112 was just listed this past week. The unit has been tastefully upgraded with new flooring, custom cabinets in the bedroom, an electronic sun shade and split air conditioning. It really is a must see! The following link will bring you to the listing: Kihei Akahi D112. Even though it is a primary residence, it would make for an awesome second home or vacation rental. Coldwell Banker Island Vacations projects how this unit might rent out, keep in mind it is only an estimate....
61 single family homes are on the market in South Maui. List prices range from $715,000 to $26,500,000. Median list price is $2,695,000. 89 Condominiums are active on the market ranging in price from $498,000 to $18,000,000. Median price is $899,000. 17 parcels of land round out the South Maui market. Prices range from $990,000 to $18,500,000. Median price is $3,950,000.