The end of year statistical report of December 2014 from the Realtors Association of Maui showed that the median price of a home for 12 month Jan through December Year To Date 2014 compared to YTD 2013 rose 8% to $570,000 from $530,000. The condo 2014 YTD median rose 11% from $373,000 in YTD 2013 to $415,000.
Volume dropped a little, by 4% comparing YTD 2014 with the prior year, with 943 single family homes sold in 2014. Condo number of sales dropped even more dramatically, by 10%, with 1199 units sold in year 2014.
Interesting features of the report:
– 12.9% of homes sold were either short sales or REO (Real Estate Owned aka bank sales) in 2014
– 7.9% of the condos sold were either short sales or REO in 2014
– 2.4% of land sales were either short sales or REO in 2014
– 42% of all sales closed were Cash in 2014
Delmore Realty sold another Iao Parkside unit recently. Brian Delmore R(S) represented the Sellers. The sale of the 1 bedroom ground floor unit with a yard was the 5th Iao Parkside unit that Delmore Realty sold in the past 12 months. With offices just down the road near the Wailuku Post Office, Delmore Realty is the expert real estate professional at the Iao Parkside condominium community. Call Delmore Realty for help with selling or buying an Iao Parkside unit or others in Central Maui or other parts of Maui. 808-242-1467. Brian Delmore R(S) can be reached at cell 808-212-7707.
25 Waipaa Lane #44-101 (Iao Parkside)
Kimberly Delmore (R)B and Thomas G. Delmore R(B) recently sold 1098 Kuhio Place at the top of Waiehu Terrace in Wailuku, Maui. This excellent 4 bed/3 bath home had many great upgrades, including a beautifully remodeled kitchen and new windows and shutters, and stunning ocean views. The home received multiple offers quickly and was sold to Buyers who received a conventional loan. Delmore Realty agents are delighted to sell Central Maui homes like these. Call us for your real estate needs at our office tel 808-242-1467 or reach Kimberly Delmore directly at 808-298-6655 (cell). www.delmore.net.
1098 Kuhio Pl, Wailuku, HI
Delmore Realty recently sold 771 Aukai Street in Waiehu Heights. The 4 bedroom, 3 bathroom home with ocean views in a good Central Maui neighborhood was co-listed by Kimberly Delmore R(B) and Thomas G. Delmore R(B). Delmore Realty can assist with selling homes in any Maui community and Wailuku homes are especially familiar to Delmore Realty agents. www.delmore.net 808-242-1467.
771 Aukai Street, Waiehu Heights