The Maui Real Estate Market Update October 2024
Posted by Evan Harlow R(S) 82003 on
Maui Real Estate Market Report October 2024: Increased Activity and Apartment Zoned STR Price Drops Heading Into the ElectionÂ
Over the last month the Maui real estate market has seen a small increase in sales activity from the previous months with an increase in our number of pending sales and a few major closings in the ultra-luxury sector, a sector that had been very quiet for the first half of the year. This is attributable to cooling interest rates as well as renewed optimism about the post-fire future of the island.Â
Along with an increase in pending sales, notable price drops, upwards of 30%, have been happening in the apartment zoned STR market that continues to suffer from the purgatory created by the Mayor's illegal and disastrous…
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