Hello everybody, I hope you are all having a wonderful long weekend. I'll get straight to the point so you guys and gals can get back to whatever you have going on this Sunday. Here's how Maui's market fared this past week....
New escrows stayed level this past week 38 versus 38 from the week before . Total pendings overall went up slightly from the week before while active inventory was flat compared to the week before in the categories I track.
Total Active Listings (Res, Condo, Land) this week is 634 versus 633 last week across the whole MLS, and Total Pending (Res, Condo, Land) is 375 versus 370 last week, an increase of 5 from the week before.
There were 31 price changes in the last 7 days and 29 of those were price decreases.
There were 45 new listings (Res, Condo, Land) this past week and 6 have gone pending within the first week of listing.
38 new escrows this past week on Maui in the markets I track. 21 Condos, 15 homes, and 2 land parcels.
And then we have South Maui....
54 single family homes are on the market in South Maui. List prices range from $850,000 to $33,900,000. Median list price is $2,982,500. 93 Condominiums are active on the market ranging in price from $448,000 to $17,500,000. Median price is $849,000. 19 parcels of land round out the South Maui market. Prices range from $900,000 to $18,500,000. Median price is $3,2500,000.