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Maui Hawaii Real Estate Market Report For Condominiums November, 2019

By
Real Estate Agent with Keller Williams Realty Maui RS-79390

Maui Condo Report For November 2019:

This is the November, 2019 condominium market report for condos sold on Maui Hawaii year to date through October, 2019.

 

In October 132 condominiums sold on Maui with a median price of $515,800 and an average price of $735,611. At the end of October there were 469 condominiums for sale on Maui which is approximately 3.7 months of inventory. Kihei had the highest number of sold condos with 49 in October while Kapalua had the highest median sale price for sold condos with a median sale price of $2,850,000 in October(Only one condo sold in Kapalua during October, 2019).

 

Through October 1,340 total condos have sold on Maui with a median price of $518,000 and an average price of $703,764. This includes both fee simple and leasehold condos. The median sale price has increased 3.8% compared to the first ten months of 2018. The average sale price has decreased 2.8% compared to the first ten months of 2018. Kihei had the highest number of sold condos through October 2019 with 543 total sales while Wailea/Makena had the highest median sale price for sold condos with a median sale price of $1,255,000 through October 2019. 

 

Through October 1,286 total fee simple condos have sold on Maui with a median price of $525,000 and an average price of $720,858. The median sale price for fee simple condos has increased 3.5% compared to the first ten months of 2018. The average sale price for fee simple condos has decreased 3.2% compared to the first ten months of 2018. Kihei had the highest number of sold fee simple condos through October 2019 with 539 total sales while Wailea/Makena had the highest median sale price for sold fee simple condos with a median sale price of $1,245,000 through October 2019.

 

Through October 54 total leasehold condos have sold on Maui with a median price of $262,000 and an average price of $296,671. Napili/Kahana/Honokowai had the highest number of sold leasehold condos through October 2019 with 26 total sales while Maalaea had the highest median sale price for sold leasehold condos with a median sale price of $463,000 through October 2019.

 

Maui Condo Sales October, 2019:

Maui sales activity for condominiums October 2019. Maui condo Realtor Jesse Coffey.

Maui Condo Sales Year To Date Through October, 2019:

Maui sales activity for condominiums year to date through October 2019. Maui condo Realtor Jesse Coffey.

Maui Fee Simple Condo Sales Year To Date Through October, 2019:

Maui sales activity for fee simple condominiums year to date through October 2019. Maui condo Realtor Jesse Coffey.

Maui Leasehold Condo Sales Year To Date Through October, 2019:

Maui sales activity for leasehold condominiums year to date through October 2019. Maui condo Realtor Jesse Coffey.

Maui Condo Search

 

Original post at https://www.mauihawaiihomesearch.com/blog/maui-hawaii-real-estate-market-report-for-condominiums-november-2019/