Found 4 blog entries tagged as maui real estate market.

National and Local Headwinds Slow Real Estate Market on Maui

Maui Real Estate Market

What we’re seeing in the real estate market at the national and local level here on Maui is something we haven’t really seen before, low supply and low demand simultaneously. Typically, either supply or demand exceeds its counterpart and that tells the story of the market we are in. For example, 

  • Demand exceeds supply=seller’s market. 
  • Supply exceeds demand=buyer’s market. 

This is not the case right now and it's not the only unusual aspect of our current economy. 

How the National Real Estate Market Affects Maui

At the Federal level, the treasury yields are inverted, which is rare. When treasury yields are inverted the yields on shorter-term securities exceed those…

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The State of the Maui Real Estate Market 2021

Maui Real Estate Market Report

Looking back on the Maui real estate market of 2021, we saw a year unlike any we have seen before in total sales, prices, and buyer enthusiasm. A variety of unique factors combined to fuel an unprecedented acceleration in property value at the national and local levels. The unique Maui market witnessed record after record being broken along with a surge in demand for investment properties. Over half of the properties sold in 2021 sold at or above listing price. 

Historically high demand for homes and condos on Maui driven in part by historically low-interest rates, coupled with seller reluctance and low inventory, created an extreme seller’s market where more than 5,500 transactions led to over 4.5…

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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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Low-Interest Rates + Low Inventory = Stable Prices

Maui Real Estate Market

Since the shock of the coronavirus pandemic has worn off over the last few months, we've seen that real estate continues to be the most reliable place to invest. Nationwide there has been a real estate boom and while Maui isn't currently experiencing that same type of short term growth, we have seen surprisingly good numbers given the challenges the market has faced with the absence of tourism.

Working From Home

With working from home becoming less of a novelty and more of a reality, many are looking to Maui and Hawaii as the best place to work from home as we see many looking to relocate.

This has been good news for the residential sector of the market. While residential sales and prices…

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