Found 2 blog entries tagged as condos on Maui.

Hottest Single-Family Market in Years

Maui Real Estate Market Report

Singe-family residential inventory is extremely low with only 449 active listings on the entire island of Maui in Septemeber of 2020. Compare that to 5 years ago where we had 613 single-family homes for sale on Maui in September 2015. Buyer demand in this sector has been increasing steadily throughout COVID-19 and with fewer homes on the market, it's certainly a seller's market in single family residential. New construction is certainly not keeping up with demand and only a handful of larger residential developments are underway in places like Ilima and Anuhea at Kehalani. Prices have remained very stable and well-built luxury homes are selling very quickly. 

Maui Condo Market September 2020

The…

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Condo Inventory and Sales Way Up

Maui Real Estate Market Report August 2020

August was a great month for the recovery of the condo market on Maui with some corrections happening in both sales and inventory. For years the Maui condo market has had low inventory and steadily been in a seller's market given the high demand and decrease in construction, especially of short term rentable condos. August saw a 97.4% increase in months supply of inventory and a total increase of 53.9% in total units on the market versus August of 2019. Closed sales were still down 7.7% versus 2019 but that's a huge improvement over the last few months without visitors on Maui to see these units in person. 

262 new condo listings in August almost doubled the 133 new listings last August. Notably, the…

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