Monthly Archives: February 2014

January 2014 Maui Real Estate Sales Statistics

The January 2014 statistical report from the Realtors Association of Maui showed huge price increases for the month. The median price of a Maui home was $691,500 in January – up from $510,000 a month ago, and up from $550,000 in January a year earlier. The sales volume of almost $88 million for the month nearly doubled from the same month a year ago when about $44 million in real estate sold for the single family homes category.

Condo prices also saw a huge increase. The January 2014 median condo price was $437,000, compared to $297,000 in the same month a year ago. The sales volume also was much larger this January, with nearly $64 million in condo real estate sold (compared to almost $26 million in the same month a year ago.

Contact Delmore Realty for more information on the Maui real estate market at www.delmore.net.

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December 2013 Maui Real Estate Statistics + Year End Stats

Year 2013 was a good year for Maui real estate. The December 2013 statistical report from the Realtors Association of Maui showed there were 980 single family homes sold for the entire year for Maui County in the multiple listing service, which was a 4% increase from 938 sold in all of 2012. Price-wise, the median price increased 13% to $530,000 for all of 2013, compared to $470,000 in 2012.

For condos, there were 1,334 units sold in Maui’s MLS in year 2013, up 6% from 1,253 units sold in year 2012. Median prices were up a healthy 5% to $374,500, compared to $358,000 for all of 2012.

Land sales were improved with 218 land transactions closed, up 24% compared to year 2012, with a median price of $399,500 (up 14% compared to $350,000 in 2012).

For the month of December 2013, 76 homes were sold at a median price of $512,500, which was down from December 2012 when 84 homes sold at a price of $508,000.

December 2013 had 116 condo units sold, down from 142 sold in the same month a year earlier – and prices were also down to $365k for the month, compared to $376,000 in December a year earlier.

For more Maui real estate information, contact Delmore Realty at www.delmore.net.

 

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