Maui Condo Report For January 2020:

This is the January, 2020 condominium market report for condos sold on Maui Hawaii during 2019.

In December 123 condominiums sold on Maui with a median price of $514,120 and an average price of $662,360. At the end of December there were 489 condominiums for sale on Maui which is approximately 3.8 months of inventory. Kihei had the highest number of sold condos with 42 in December while Kapalua had the highest median sale price for sold condos with a median sale price of $1,155,000 in December.

In 2019, 1,606 total condos sold on Maui with a median price of $515,500 and an average price of $700,943. This includes both fee simple and leasehold condos. The median sale price increased 3.1% during 2019. The average sale price decreased 3.1% during 2019. Kihei had the highest number of sold condos during 2019 with 643 total sales while Wailea/Makena had the highest median sale price for sold condos with a median sale price of $1,199,000 during 2019. 

In 2019, 1,536 total fee simple condos sold on Maui with a median price of $525,000 and an average price of $720,007. The median sale price for fee simple condominiums increased 3.1% during 2019. The average sale price for fee simple condominiums decreased 3.1% during 2019. Kihei had the highest number of sold fee simple condos during 2019 with 637 total sales while Wailea/Makena had the highest median sale price for sold fee simple condos with a median sale price of $1,199,000 during 2019.

In 2019, 70 total leasehold condos sold on Maui with a median price of $237,500 and an average price of $282,624. Napili/Kahana/Honokowai had the highest number of sold leasehold condos during 2019 with 37 total sales while Kihei had the highest median sale price for sold leasehold condos with a median sale price of $480,950 during 2019.

Maui Condo Sales December, 2019:

Maui Condo Sales Year To Date Through December, 2019:

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

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

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Original post at https://www.mauihawaiihomesearch.com/blog/maui-hawaii-real-estate-market-report-for-condominiums-january-2020/