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Maui Home and Condo Sales Soar in October

By
Real Estate Broker/Owner

If you're keeping a finger on the pulse of the Maui real estate market, the monthly reports from the Realtors Association of Maui (RAM) are the best resource. They provide a wealth of data on Maui home, condos and land listing sales for the given month, plus year-to-date statistics. The latest report revealed that both Maui home and condo sales soared in October, 2017, as median prices rose.

To be specific, Maui home sales increased by over 35 percent to 111 homes sold, compared to the same month last year, which saw 82 homes sold. Median prices were at $667,350, which was 5.5 percent higher than the $632,500 of October 2016. As we always remind our readers, the percentages can swing widely based on a relatively small number of sales in a small market like ours, but that being said, October's growth trends were pretty remarkable.

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