August 2012 Maui Real Estate Sales Statistics

The August 2012 statisitical report from the Realtors Association of Maui are out and we are experiencing quite an uptick in the market.

August 2012 median price of a Maui County home is $520,000, compared to $410,000 in August 1 year ago (27% increase). There were 75 homes sold last month, 6 less than sold in August last year.

For condo sales, August 2012’s median is $342,450, compared to only $266,000 in August 1 year ago (29% increase). There were¬†98 condos sold last month, 12 more than August last year.

Year-to-date, 591 homes have sold on Maui, nearly identical to 2011’s YTD volume at this time. The YTD median for 2012 is $465,000, compared to $435,000 YTD last year through August¬†(7% increase).

For condos YTD, 848 units have sold, up 2% compared to 830 YTD in 2011. The median price YTD for condos is $350,000, up 11% from YTD last year.

Due to low inventory and low interest rates, we are experiencing with our Buyers and Sellers many multiple offer situations for properties that appeal to many people.

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About Kimberly Delmore

Kimberly Delmore Realtor-Broker was born and raised in Hawaii, growing up on the island of Maui. She has been a licensed real estate agent in Hawaii since 2002. She graduated from Baldwin High School in Wailuku and the University of San Francisco with a B.A. in Communication. She lived in California for eight years during and after her years at USF. She has also lived in and sold real estate on Oahu and in Hong Kong. She holds the Certifed Residential Specialist (CRS) designation and the Accredited Buyer's Representative (ABR) designation. She is an avid runner and swimmer. She enjoys spending time with her husband and 2 children. Kim is the Principal Broker of Delmore Realty. Her father, Tom, founded Delmore Realty in 1992, and currently operates as the Broker-in-Charge.